Address:

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Event Details:

A practical webinar for business owners and entrepreneurs covering the financial, tax, compliance, and reporting fundamentals needed to operate and grow a business.

Topics Covered

1. Understanding Your Business Numbers

• Bookkeeping vs. accounting
• Financial statements and cash flow
• What business owners should review regularly

2. Business Taxes

• Sole proprietorship vs. corporation
• Corporate and personal tax basics
• Salary vs. dividends
• Business expenses and tax deadlines

3. GST/HST & Payroll

• Registration and filing requirements
• Input Tax Credits
• Payroll deductions and T4 reporting
• Employees vs. contractors

4. Business Compliance

• CRA and corporate filing obligations
• Corporate records and ownership information
• Record retention and common compliance issues

5. Financial & Management Reporting

• Budgets, forecasts, and cash flow
• Accounts receivable and payable
• KPIs and management reporting

6. Financial Statements & Assurance

• Compilation, review, and audit engagements
• Understanding the differences
• When financial statements may be required

7. Financing & Growth Readiness

• What lenders typically look for
• Financial records, forecasts, and business plans
• Preparing for financing

8. Growing Beyond the Basics

• Incorporation and restructuring
• Buying or selling a business
• Valuation and due diligence
• Tax planning, SR&ED, and expansion

9. Common Business Mistakes

• Poor bookkeeping
• Mixing personal and business expenses
• Ignoring cash flow
• Missing tax or compliance obligations
• Waiting too long to seek advice

10. Staying on Track Year-Round

• Monthly, quarterly, and annual financial responsibilities
• Key filing and compliance deadlines
• Ongoing financial review and planning

This session is designed to provide a clear introduction to the accounting, tax, compliance, and reporting responsibilities that support informed decisions, financing readiness, and sustainable business growth.

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