Congratulations! You’ve navigated the application process successfully and your grant’s been approved! Time for your organization to roll up its sleeves and get to w...
A Guide to Cash Flow Forecasts for Non-Profits
NPO
Effectively managing your nonprofit’s finances is always important, but even more so when times are uncertain. Forecasting your cash flow, for example, can help your o...
Balance Sheet: Understanding Your Numbers
Accounting
As one of three key financial statements, your balance sheet has a lot to say about your business – including how healthy it is from a debt load perspective.
Business Continuity Planning for COVID-19: 5 Things To Do Now
Accounting
As a small business startup ourselves, we understand the pressure the COVID-19 health pandemic and resulting economic turbulence is putting on businesses.
Start-Up Accounting Checklist for New Entrepreneurs
Accounting
There’s more to becoming a new entrepreneur than getting your business cards printed. As a budding business owner in Canada, you’ll need to accomplish a number of ac...
Financial Statements: Understanding Your Numbers
Accounting
As a business owner, you know that your financial statements are not only a reflection of your organization’s financial health. They’re also tools to make better fin...
Key Performance Indicators of a Healthy Not-for-Profit Organization
Accounting
One of the key responsibilities of the management team and the board of directors of a not-for-profit organization (NPO) is to regularly monitor if it is in good financi...
Not-for-Profit Tax Requirements in Canada
Accounting
Tax time can be stressful for non-profit and charitable organizations in Canada, especially when the filing requirements are not well understood within the organization.
Accounting 2025: Top Trends Impacting Canadian Businesses
Accounting
The digital age is rapidly transforming how Canadian businesses operate. We’ve seen business units completely transformed by digital… We’ve also seen entire indust...
3 Essential Factors to Consider When Purchasing a Commercial Space
Accounting
Purchasing a commercial space, or any kind of real estate property for that matter, is one of the most daunting transactions that any individual could possibly experienc...
The Importance of Cash Flow Statements (And How to Prepare Them)
Accounting
Effectively managing and monitoring a company’s cash flows serves many purposes. Not only does this information enable stakeholders to monitor and prevent company debt...
Deferral vs. Restricted Fund Method For NPOs
Accounting
Accounting isn't always easy to master, especially for those who don't live and breathe the specifics of accounting rules and regulations. However, some policies are mor...