Tag: accounting and management

Essential accounting knowledge for Toronto business owners.

Why is accounting so important for your business? After all, as a business owner you only care about your company’s sales figures and cash balance. Accounting really doesn’t matter that much. Wrong. What does a small business owner need to know? first, accounting does matter, because it provides you with an accurate picture of the … Continue reading Essential accounting knowledge for Toronto business owners.

Tax Seminar for Accountants & Bookkeepers

On February 17, 2010, I held a tax seminar for accountants and bookkeepers entitled “Taxation for Accountants & Bookkeepers.” The seminar was a great success with over 35 accountants in the Greater Toronto area in attendance. You can download a copy of the handouts provided at the seminar: Taxation for Accountants & Bookkeepers

Chartered Accountant Toronto – Why Do You Need One?

If you’re a business owner, I strongly recommend that you hire a Chartered Accountant Toronto. Chartered Accountant Toronto can provide you with valuable insight into the profitability, financial strength and operations of your business. Chartered Accountant Toronto – Financial Statements As a business owner, you should be regularly reviewing your company’s financial statements with your … Continue reading Chartered Accountant Toronto – Why Do You Need One?

Greetings from Allan Madan! Watch Video

Madan Chartered Accountant is an accounting firm specializing in tax, assurance, accounting and consulting

Greetings from Allan Madan!

Madan Chartered Accountant is an accounting firm specializing in tax, assurance, accounting and consulting for businesses and business owners. Being in the chartered accountancy profession, we are well equipped to provide our clients with the expert advice that they need on a wide range of issues.

What are business accounting services?

Business accounting services can be defined as “tools that enable you to make effective management decisions for a business”.   To elaborate, business accounting services include (but are not limited to): Financial Statement Preparation Bookkeeping Tax return preparation Tax planning You Need Business Accounting Services in Mississauga Every business in Mississauga, whether large or small, … Continue reading What are business accounting services?

Is there such a thing as a Chartered Accountant – Expert in Taxes?

Yes, there are Chartered Accountants in Toronto who are also Experts in Taxes. Allan Madan of Madan Chartered Accountant in Toronto is a Tax Expert: He has completed Parts 1 and 2 of the Canadian In Depth Tax Course, which is the most comprehensive tax training in Canada He has held several tax seminars, including … Continue reading Is there such a thing as a Chartered Accountant – Expert in Taxes?

How can an Accountant in Mississauga help my business obtain a bank loan or line of credit?

Accountants in Mississauga can assist you with your company’s financing objectives, including obtaining a loan or line of credit from the bank. Evaluate Health of Financial Statements First, an Accountant in Mississauga can evaluate the health of your company’s financial statements to determine the likelihood of your company being approved for a loan.  Companies that … Continue reading How can an Accountant in Mississauga help my business obtain a bank loan or line of credit?

Can inadequate business accounting services cause my business to fail?

Yes, inadequate business accounting services can cause your business to fail, which is a very scary thought. Below, I have listed four examples of poor business accounting services, which could cause your Toronto company to fail. 1. Weak internal controls Internal controls are policies and procedures that are designed to promote efficiencies in business operations, … Continue reading Can inadequate business accounting services cause my business to fail?

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