Understanding HST in Canada
The Harmonized Sales Tax (HST) is a combination of the federal Goods and Services Tax (GST) with the Provincial Sales Tax (PST).
Can AI Replace Accountants?
AI is transforming traditional accounting by automating routine tasks, enhancing data analysis, detecting fraud, providing real-time insights, and ensuring compliance.
Canadian capital gains inclusion rate to increase with effect from June 25
The Government of Canada has tabled and passed a “Notice of Ways and Means Motion” (NWMM) in Parliament that proposes to increase the capital gains inclusion rate.
Changes in Bookkeeping Technology
The advent of cloud computing, artificial intelligence (AI), and automation has revolutionized how bookkeepers work. As a result, bookkeepers can now perform tasks more quickly and accurately than ever before.
The Evolving Role of Bookkeepers
The role of a bookkeeper has evolved from a transactional one to a more strategic one. In addition to basic bookkeeping tasks,
The Impact of Globalization on Bookkeeping
Globalization has significantly impacted the role of the 21st-century bookkeeper. Businesses now operate in a more interconnected world, requiring bookkeepers to adapt to various new challenges.