The Value of a Corporate Governance Rating

Article summary: Take a look at why a Corporate Governance Rating is important to an organization. While Corporate Governance is the system by which corporations are directed and controlled, Corporate Governance Rating (CGR) is the valuation of those systems performed by several organizations. CGR are typically valuated by investors when making investment decisions. Good corporate…

The Roles of Senior Management in Managing Risk

Article summary: What does senior management need to do in order to fulfil its obligations regarding risk management? Read this helpful article to find out.  Senior management plays a leading role in an Enterprise Risk Management (ERM) program and must ensure the Board’s risk appetite and policies have been adhered to. Senior management is in…

Lowering Your Tax-risk Rating

Article summary: Follow these suggestions to move your company from a high-risk audit ranking to a lower ranking and enjoy fewer visits from Canada Revenue Agency auditors. ————————————————- The Canada Revenue Agency (CRA) has instituted a risk-based audit cycle which means they determine how often they visit you by assigning a risk ranking. Obviously, fewer…

Preparing an application for bank financing

Obtaining the money you need to fuel business growth may be easier than you think. Banks do want to help you find the right banking solution for your needs. Growing businesses are important to financial institutions and they want to see entrepreneurs succeed.  All you need to do is understand what banks typically look for…

What will 2016 bring?

It is just after the holidays and I am trying to garner sufficient energy to jump into 2016.  There are loads of tax related projects to work on this year that reminds me of a Spanish proverb “one thing today, another tomorrow.”  This proverb seems somewhat fitting as I feel we spent 2015 being reactive…