The Ledger blog
Practical articles for accounting firms: the principles, the calculations and worked examples, written by our team of tax specialists and CPAs.
CSRS 4200 compilation engagements: a practical guide, from acceptance to the report
Acceptance, engagement letter, basis of accounting note, management's acknowledgment, the report and the file: each step of a CSRS 4200 compilation.
The Quick Method for GST and QST: benefits, calculation and example
Who can use the Quick Method, which rates apply, on what base, the 1% credit and a complete worked example. For accounting firms.
Long-term debt at year-end: amortization schedule, current portion and accrued interest
Calculate the payment, build the amortization schedule, split out the current portion, accrued interest and the notes to the financial statements. Worked example.