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Last Friday, the Clearline Team led a cleanup of White Rock Beach as part of @cleanshorelines. We removed litter from the east and west sides of the pier to make a difference in our community and the planet, and to ensure visitors can enjoy our beautiful beaches!


If you own and operate a real estate brokerage in BC or are planning on doing so, you'll need to meet many financial reporting requirements, including key reports, statements and records. Head over to our blog to learn more:

Now that summer is over, there are some exciting things happening in our Surrey and Burnaby offices! Here are the latest updates on our renovations, office hours and more.

While there's no certainty an increase to the capital gain rate will happen, now is a good time to start planning for potential changes. Here's why:

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Planning Ahead for a Potential Capital Gain Rate Increase

  This is likely not the first post you have read which speculates the capital gain rate will increase. Advisors have been speculating that a rise in the capital gain rate would occur for several years. The most recent happenings that further support a probable change are: The US recently announced proposals to significantly increase…

1 min read

RECBC Requirements for Real Estate Brokerages

  If you own and operate a real estate brokerage in British Columbia or are planning on doing so, there are many financial reporting requirements that are required by the British Columbia Financial Services Authority (BCFSA). The BCFSA took over these responsibilities from the Real Estate Council of British Columbia (RECBC) in August 2021. Here,…

6 min read

What is a Basis of Accounting?

  In our piece titled Regulatory Changes to Corporate Financial Statements at the end of 2021, we talked about some changes to the way we will be required to prepare corporate financial statements. Now, we are going to discuss one of those changes, the concept of a basis of accounting, a bit further. Starting at…

3 min read

Clearline Office Updates

  We hope that all of our clients and newsletter subscribers had a good summer.  Now that we are back, we just wanted to let you know that we are currently renovating our offices in Burnaby and Surrey, so please excuse the mess if you drop by one of the offices. We are brightening up…

2 min read

Accounting for Construction Contracts

  Accounting for construction revenue can be a complex topic, especially for large contracts of long durations that take many months or even years to complete. The revenue that a company shows in its annual financial statements is not necessarily the same as the amount that it has billed (i.e. invoiced) or collected in cash.…

4 min read

How you can invest in your child’s education

by Shane Schepens Originally published to CPABC’s newsroom.   Photo credit: andresr/E+   As your child or children head back to school in this fall, immediate financial needs aren’t the only academic expenses to consider. Whether your child aspires to one day become a pilot, entrepreneur, scientist, or CPA, their post-secondary…

5 min read