Archive for the ‘Acccounting’ Category
Unification of the Canadian Accounting Profession
Tuesday, February 21st, 2012
Vision for the Profession
To be the pre-eminent, internationally recognized Canadian accounting designation and business credential that best protects and serves the public interest.
Guiding Principles for Unification
The guiding principles provide the framework to unify the profession and achieve the vision. (more…)
Posted: Tuesday, February 21st, 2012 | Categories: Acccounting.
Helping Ontario’s Small Businesses Grow
Friday, November 12th, 2010
McGuinty Government Supports Small Businesses With Transition Payments
Starting this week, the province is helping 800,000 Ontario businesses with support of transition payments of $300 up to $1,000 as they adapt to the Harmonized Sales Tax (HST).
By harmonizing its two sales taxes, Ontario modernized an outdated, 50-year-old tax system resulting in savings of about $4.5 billion a year in embedded taxes. Previously, hidden taxes were passed on to Ontarians with higher prices at the cash register. The HST eliminates these hidden costs making businesses more efficient and freeing up funds for reinvestment and new jobs. It is estimated that these changes will help create almost 600,000 net new jobs within the next 10 years. (more…)
Posted: Friday, November 12th, 2010 | Categories: Acccounting, Businesses.