Attention Lawyers and Law firm: I co-presented along with CosmoLex team on December 7, 2018, topic - '2018 Year-End Financial Close Checklist for Law Firms'. If you missed the Webinar, here's the recording.

Historically, the Income Tax Act allowed designated professionals such as lawyers, doctors, and qualified accountants to exclude the value of their year-end work-in-progress. This approach was commonly referred to as billed-basis accounting (or BBA) because this...

Are You Prepared for the Change to Accounting for WIP on Your Taxable Income?     Historically, paragraph 34 (a) of the Income Tax Act (the “Act”) allowed designated professionals like lawyers, dentists, medical doctors, veterinarians and qualified accountant to file...

Attention Lawyers and Law firm: I co-presented along with CosmoLex team on October 2, 2018, topic - 'How to Become a 21st Century Law Firm'. If you missed the Webinar, here's the recording.

Attention Lawyers and Law firm: I co-presented along with CosmoLex team on July 27, 2018, topic - '10 Trust Accounting Tip To Stay Law Society Compliant'. If you missed the Webinar, here's the recording.

Attention Lawyers and Law firm: I co-presented along with CosmoLex team on May 31, 2018, topic - 'How to prepare for Law Society Audit'. If you missed the Webinar, here's the recording.

You’re not alone if you feel that the taxation system is complex. You’re in good company. Fortunately, I don’t intend to examine the complex Canadian Income Tax Act or Canadian Excise Tax Act (“Excise Act”) in this article. This article is focused on the Public...

WHEN you work as an equity analyst at an investment bank, your task is clear. It is to comb all the statements made by corporate executives, to scour the industry trends and arrive at an accurate forecast of the company’s profits. Achieve this and your clients will be...

There is potential for progress on a few files, but small firms face more obstacles than encouragement from their governments At the start of the new year, you can forgive business owners for feeling a little beaten down. Across the country, 2017 was an unusually...

Four insights into the growth advantages of a private company run with deep commitment Family businesses are the backbone of the global economy and are critical to economic activity and employment here in Canada. According to EY’s Growth Barometer report, family...