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Articles & Publications
CRA locking 800K Canadian taxpayers out of accounts
The Canada Revenue Agency has recently locked out 800,000 users from their online accounts, out of fear that people’s usernames and passwords have been hacked. Citing the cybersecurity risk of having this information in the hands of potentially bad actors, obtained...
Financial Statements: The Horizontal Method
Analyzing Financial Statements: The Horizontal Method The second method to analyze financial statements is the horizontal method. The horizontal method is used to analyze financial information in two fiscal years. This method consists of comparing various financial...
Financial Statements: The Vertical Method
How to Analyze Financial Statements: Vertical Method As said in previous articles, we have two primary methods to analyze financial statements. Here you will learn how to use both steps by step. The first method, known as the vertical method, analyzes one fiscal...
Fundamentals of Financial Statements
Fundamentals of Financial Statements Analysis Financial Statement analysis is carried out through methods, often defined as techniques that allow knowing the entity's transactions on its financial situation and results. Based on the order to follow the analysis, these...
The U.S.’s New Law To “Ban” Shell Companies
The new U.S. Corporate Transparency Act (CTA), which passed in late 2020 as part of the National Defense Authorization Act, makes seemingly significant changes to the information required when incorporating a company in the U.S. While the legislation is a significant...