Knowledge Base

Review your financials!
I explain why it is important to regularly review your financials, and I also provide an alternative to the traditional accounting department: the Fractional CFO model.

The future of accounting
There have typically been two worlds of accountants: those in accounting firms and those working in industry. With advancements in technology, will it change how we look at the accounting function?

What the HST?
I break down what HST is for Ontario businesses. If you are not registered for HST you are leaving money on the table that you could be receiving back from the government.

The Finance Silo
One of the greatest challenges an organization can face is the finance silo. All employees in an organization must understand how their work affects the financials. I give you some practical steps to take to help break this silo down.

That’s not a write off!
Inspired by a scene in Schitt’s Creek, I discuss what can and cannot be written off as a legitimate business expense. The funny scene inspiring this post is embedded within.

Is contract work the future of business?
Contractor or Employee? The Great Resignation is upon us and more and more people are walking away from traditional employment in favour of contract work.

How often should I review my financials?
I explain when it’s critical to review your business’ financials on a regular basis.

The numbers don’t lie…but do you know what they’re saying?
I illustrate for you why GL set up is crucial for you to make the most informed business decisions possible.

Server-based or Cloud-based: That is the question
Why more and more companies are ditching their servers in favour of cloud-based (SaaS) financial solutions.

Deferred Revenue: When a sale becomes a liability
I explain what deferred revenue is, using real-life examples in business today.