Audit and Accounting

5 Financial Accounting Controls That Every Small Business Needs

Ellis Orlan • December 04, 2017 Ellis OrlanSmall to Mid-sized Businesses (SMBs) are frequent sources of wealth, pride, and personal fulfilment. However, they are often viewed as ‘easy targets’ for fraud, theft, and embezzlement. For this reason, owners of SMBs should be particularly vigilant about their high-risk positions, their checks and balances, and their small business accounting ... Read More

Small Business Accounting Advice for the Recent Minimum Wage Hike

Fuller Landau Team • November 15, 2017 On October 1, 2017, the general minimum wage in Ontario was raised to $11.60. There has been a lot of speculation about the effects that this most recent hike will have on both mid-market and small businesses. The concern isn’t unfounded. For most companies, small businesses in particular, compensation is their most significant expense. As ... Read More

Expanding Your Small Business? 5 Tips for Consideration

David D'Cruz • September 25, 2017 David D'CruzOne of the great benefits of owning a small business is reaping the rewards of its growth, over time. Expansion can be exciting, but it’s important not to get too carried away with your growth plans. After all, expansion often represents a significant investment of your time, money, and effort. Like any investment, there are ... Read More

The Top 6 Accounting and Tax Questions Asked by Small Businesses

Ellis Orlan • August 01, 2017 Ellis OrlanTax can be a worrisome topic when it comes to small businesses, particularly those who are relatively new to the game. To help take some of the mystery out of business and tax planning, we have answered the 6 questions most commonly asked by small businesses: Does Every Business File the Same Taxes? No. How ... Read More

Business Accounting Solutions to Streamline Your Year-End

Simon Francis • December 19, 2016 Simon FrancisThere are a number of benefits to streamlining the internal accounting processes for your business. The most obvious benefit is the reduction in time required to prepare the necessary information for your corporate year end, thereby making the process much more efficient and cost-effective. Streamlining your accounting processes can also mitigate r ... Read More