BIZBITES - small business tips& tricks
Episodes
Monday Jan 04, 2021
CRA Letter to CERB Recipients
Monday Jan 04, 2021
Monday Jan 04, 2021
This podcast provides an overview of possible implications for CERB recipients who wrongly claimed the CERB relief or those whose cases fall in grey areas suggesting actions that they may take to avoid penalties.
By Baqar Bhatti LLB, CPA, CMA, CGMA | CEO & Owner of Panacea at Zenith | 289-952-3494 | pazca2017@gmail.com | www.pazca.com
Friday Feb 22, 2019
Who Pays More Personal Income Tax?
Friday Feb 22, 2019
Friday Feb 22, 2019
This podcast briefly explains who pays more personal income tax, Canadians or Americans? The purpose of this podcast is to analyze the factual situation based on statistics. The conclusion drawn from these statistics is that broadly speaking it is the Canadians who pay more personal income tax than their US counterparts. If you need any advice on tax and accounting matters I am available at the below contact information.
Baqar Bhatti, LLB, CPA, CMA, CGMA | email: pazca2017@gmail.com | Phone: 289-952-3494 | website: www.pazca.com
Thursday May 17, 2018
3 Easy Steps in Budgeting
Thursday May 17, 2018
Thursday May 17, 2018
Budgeting is an important aspect of business planning whether the business is a start-up or operational. It is a process of making a plan of future income and expenses, capital expenditures and cash requirements over a period of time, generally within a 12-month period.
The most common budget consists of income and expenses where projected revenues and expenses are determined based on reliable information to achieve the desired profit.
Budgeting is an effective monitoring tool in measuring the financial performance of the business by comparing the actual results of operations versus budget.
by Fe Soncayaon, CPA, CGA | FSS Accountinglink Professional Corporation or FAPC | 647-526-4873 | info@fssaccountinglinkpc.ca | www.fssaccountinglinkpc.ca
Thursday Apr 12, 2018
A Simple Guide to Analyzing Financial Reports
Thursday Apr 12, 2018
Thursday Apr 12, 2018
Financial Statements contain important information that will help business owners perform micro and macro management of their business. Analysis of the financial data shown in the financial reports is crucial in taking immediate action to solve problems that could have detrimental impact on the business.
There are 3 main Financial Statements namely:
Income Statement – It shows the results of the operations for a given period.
Balance Sheet – It shows the financial position of the business in a given date.
Cash Flow – It shows the sources and uses of cash from operating, investing, and financing activities.
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A podcast by Fe Soncayaon, CPA, CGA | FSS Accountinglink Professional Corporation or FAPC | 647-526-4873 | info@fssaccountinglinkpc.ca | www.fssaccountinglinkpc.ca.