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Which Year-end Engagement is Right for Your Strata?

May 9, 2017 | Strata Corporations

Which Type of Year-end Engagement is Right for Your Strata? “Audit”, “Review”, “Notice to Readers”. These are potentially confusing terminology for the layman Strata Council member. Before you allocate budget to next year’s...

Financial Literacy for Strata Councils and Owners: The Balance Sheet

Aug 8, 2016 | Strata Corporations

Balance Sheet The statement of financial position (SFP) or balance sheet is one of the reports commonly presented to Council, Owners and managers for periodic review. This is often a confusing beast for those unfamiliar with it. Hopefully, after reading this article,...

Financial Literacy for Strata Councils and Owners: The Income Statement

Aug 8, 2016 | Strata Corporations

Income Statement The statement of operations or income statement is one of the reports commonly presented to Strata Council, Owners and professional managers for periodic review. This statement is fairly intuitive but is often not fully understood because the purpose...

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Recent Posts

  • Three reasons non-profit organizations should work with an accounting firm
  • 3 Tips For Running Payroll in QuickBooks
  • Your Guide to Tax-Free Savings Accounts
  • How our accounting firm put mental health first during tax season
  • Tax returns under review by the CRA? Here’s what you need to know.

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