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Sage BusinessVision Customer Reminder: T4s are due today
Printing T4s in Sage BusinessVision Printing of T4s is usually the last activity you would do to finalize your prior year payroll. Below are knowledgebase articles that help make this process easier....
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Accounting legislation effects Canadian employment reversal
Statistics Canada recently faced criticism for unusual results in its labor force survey, including a suggestion that job loss in the province of Quebec was more fast-paced during the fourth quarter of...
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Tough tax penalties for Canadian accounting compliance failures
The “repeated failure to report income” penalty catches many Canadians by surprise each tax season, requiring them to pay 20 percent of the entire unreported amount of income in the most recent year,...
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Study: Canadian small businesses underutilizing accounting consultants
According to a recent survey by Sage North America, 39 percent of Canadian small businesses do not leverage the services of accounting consultants. Of the 229 Canadian entrepreneurs who took part in...
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Canadian accounting management organization debuts research site, blog
Certified Management Accountants of Canada recently launched a new research website and blog dedicated to accounting management for its 50,000 members around the world. Through the website, registrants...
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CICA, ICAP forge agreement on accounting compliance, reciprocal membership
The Canadian Institute of Chartered Accountants (CICA) recently signed a memorandum of understanding with the Institute of Chartered Accountants of Pakistan (ICAP) regarding the accounting legislation...
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Three-year IAASB strategy focuses on accounting compliance, auditor standards
The International Auditing and Assurance Standards Board (IAASB) recently released its Strategy and Work Program 2012-2014, which laid out its goals of supporting financial stability on a global scale,...
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Exploring variations in Canadian accounting legislation
Canada’s accounting landscape can only be described as “fragmented,” as there are currently 40 regulatory bodies governing members of the profession who practice in the country. Each organization has...
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Breaking down the basics of Canadian payroll legislation
There are two main pieces of federal Canadian payroll legislation—the Canada Pension Plan (CPP) Act and the Employment Insurance (EI) Act. EI and the CPP in a nutshell EI provides temporary financial...
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Canadian retail compliance requirements in the five most populous provinces
Retailers in Canada must uphold Canadian retail legislation in order to maintain Canadian retail compliance. There are several types of retail tax in Canada—Goods and Services Tax (GST), Harmonized...
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