Blog
Tips, guides, and insights on bookkeeping, accounting, payroll, and growing your Canadian business.
Professional Corporation for CPAs in Canada: A Complete Guide
A professional corporation (PC) allows CPAs in Canada to benefit from corporate tax rates, income deferral, and liability protection. This guide covers the advantages, setup process, ongoing compliance, and common pitfalls.
Workflow Software for Accounting Firms in Canada: 2026 Comparison
A practical comparison of workflow software options for Canadian accounting firms in 2026. Learn what to look for and why Awditify is built for Canadian compliance.
Document Retention Policy for Accounting Firms Canada: A Practical Guide
A document retention policy helps Canadian accounting firms manage client records, meet regulatory requirements, and reduce liability. This guide covers retention periods, secure storage, and automation.
Accounting for a Holding Company in Canada: A Practical Guide for CPAs and Business Owners
Holding companies in Canada face unique accounting challenges: intercompany loans, GST/HST elections, and separate entity reporting. This guide covers the essentials for CPAs and business owners.
Advisory Services for Accounting Firms in Canada: A Practical Guide
A practical guide for Canadian accounting firms looking to build or expand advisory services. Covers core services, technology enablement, pricing, and common pitfalls.
How Accounting Firms Deliver Virtual CFO Services in Canada
A practical guide for Canadian accounting firms looking to add virtual CFO services. Covers scope, pricing, technology, and common challenges with an Awditify-powered workflow.
HST Filing Rules for New Brunswick Businesses: A Complete Guide
A complete guide to HST filing rules for New Brunswick businesses. Understand rates, deadlines, input tax credits, and common mistakes. Discover how Awditify automates HST tracking and reporting.
SR&ED Tax Credit Canada: A Practical Guide for Claimants
A comprehensive guide to the SR&ED tax credit in Canada, including eligibility, eligible expenditures, filing process, and tips for maximizing your claim.
How to Build an Accounting Firm Referral Program in Canada
A practical guide to creating a referral program for Canadian accounting firms. Learn how to structure incentives, track referrals, and avoid common pitfalls.
Knowledge Management in Accounting Firms: A Canadian Guide
A practical guide to knowledge management for Canadian accounting firms, covering strategy, software, and common pitfalls with a focus on retaining institutional knowledge and improving efficiency.
How to Record Owner Drawings in Canada: A Step-by-Step Guide
Owner drawings are common in Canadian small businesses but often recorded incorrectly. This guide explains the proper journal entries, tax consequences, and best practices for tracking drawings.
How to Write Off Bad Debt in Canada: A Practical Guide
Learn how to write off bad debt in Canada, including GST/HST adjustments, income tax deductions, and CRA requirements. Includes a real-world example for a contractor firm.