Generally, casual labour is when you have someone working for a few hours on a sporadic or intermittent basis and is not on the Company’s payroll. Up until about 10 years ago, CRA accepted casual labour as a valid expense. Now however, they do not. The two options available are: Subcontractor, or Employee In either case, the employer must have
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Generally, casual labour is when you have someone working for a few hours on a sporadic or intermittent basis and is not on the Company’s payroll. Up until about 10 years ago, CRA accepted casual labour as a valid expense. Now however, they do not. The two options available are: Subcontractor, or Employee In either case, the employer must have
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The IAASB has issued a survey on its work plan for 2017-2018. Its purpose is to assist the IAASB in evaluating its priorities for 2017-2018 and allocating its resources in the best way possible. Canadian stakeholders are encouraged to respond to the IAASB by September 30, 2016. As reported by The Standard. The IAASB’s Survey Consultation, The IAASB’s Work Plan
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Looking to the Future Our Annual Report for the year ended March 31, 2016 provides the public with an account of our work done to serve the public interest by establishing high-quality standards and guidance that enable the public accounting profession to provide effective auditing, other assurance and related services. As reported by The Standard. This year’s report includes the
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What do I do if you are self-employed and want to get credit? Start by being well documented. You will never convince a potential creditor that you can handle your finances if you can’t handle your business and personal financial documentation. Be prepared to show how your budget will accommodate the loan payments and how you will plan for those
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Sign up now!Tune in to this webinar on October 12, 2016 to hear from the AcSB Chair, Linda Mezon, and IASB Board member, Stephen Cooper. Stephen will provide an update on IFRSs, giving Canadians a rare opportunity to discuss IFRS-related topics directly with a member of the IASB. As reported by The Standard. Event Details Location and date: Online (English)
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Cash flow is an important part of any company’s operations. Insufficient funds can lead to a bad credit rating, penalty and interest expenses, vendors placing our orders on hold etc. It can even lead to the downfall of the company. Not only is not being able to pay bills; embarrassing; but as I said before it could also cripple the
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AASOC is a constantly evolving independent, volunteer body with its finger on the pulse of the ever-changing complexities of Canada’s business community. As reported by The Standard. We are looking for candidates who are passionate about playing a public interest role. Apply by September 9, 2016. About AASOC We are a constantly evolving independent, volunteer body with its finger on
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The topics the Accounting Standards Board (AcSB) plans to discuss, in addition to routine updates, and anticipated actions, if any, are outlined below. Although current at the date prepared (August 29, 2016), this agenda is subject to change. International Financial Reporting Standards Accounting Standards Advisory Forum (ASAF) Gather input from the AcSB on topics to be covered at ASAF’s September
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An agenda covering the topics for discussion is now available. Get more information about the meeting to be held in Saskatoon, including how to attend in person. Date: September 13, 2016 – 9:00 am to 3:00 pm Location: Delta Bessborough Salon Batoche 601 Spadina Crescent East Saskatoon SK S7K 3G8 Public Observation: Complete the Observer Registration Form Read the Guidelines for
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