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…

  Not-for-profits have a wide range of financial statement users who make decisions based on the information provided. CPA firms are often engaged to provide assurance services not only to meet requirements of lenders and grantors, but also to lend credibility to their financial reporting.   Although the pandemic has affected all not-for-profit organizations, we are…

  We work with a number of doctors and medical practitioners here at Clearline, and we are frequently asked about the pros and cons of operating a practice through a corporation in BC. While the Health Professions Act (HPA) governs who can own shares of a medical corporation, there is flexibility to organize your affairs…

  The provincial government has announced the following tax incentive and rebate programs:   BC Increased Employment Incentive   The Government of BC had previously announced a one-time tax credit of 15% for employers that increased their total eligible remuneration for eligible employees. This applies where the payroll increased in Q4 (October 1 – December…

  In our piece titled Changes to Corporate Financial Statements at the end of 2021, we brought to your attention some changes to the way we will be required to prepare corporate financial statements. In this piece we are going to discuss how this will impact some of the work we will do when preparing…

  July is around the corner and we are trying something new: long weekends, every weekend. For the months of July and August, all of our office locations will be closed on Mondays… now bring on the good weather! Our offices will be open regular business hours Tuesday through Friday from 9am to 5pm.