CRA Audit Triggers: What to Avoid in 2025
As a small business owner in Vancouver, understanding how to stay off the Canada Revenue Agency’s (CRA) audit radar in 2025 is essential for your financial stability and peace of mind. With the CRA increasing its scrutiny in key areas such as digital transactions, foreign income, and expense claims, it’s more important than ever to…
Navigating Family-Owned Business Finances in Vancouver
Managing the finances of a family-owned business involves a delicate balance between maintaining professional standards and preserving family harmony. In Vancouver, where many small and mid-sized enterprises are run by families, it is critical to implement sound financial practices, clear succession planning, and effective communication strategies. This guide outlines how family businesses can thrive by…
Creating a Business Budget That Actually Works: Step-by-Step Guide
Creating a realistic and actionable business budget is crucial for small business owners who want to thrive in Vancouver’s dynamic economy. Whether you’re launching a startup or refining the finances of an established company, budgeting helps you understand your cash flow, reduce financial stress, and meet long-term goals. Why Budgeting Matters For businesses of any…
How CPAs Can Help With ESG Compliance Reporting in 2025
As Environmental, Social, and Governance (ESG) standards continue to influence regulatory frameworks in Canada and around the globe, Vancouver businesses are facing increased pressure to report on sustainability performance. For small and medium enterprises (SMEs), this can be a complex and time-consuming challenge. This is where Chartered Professional Accountants (CPAs) come in. By leveraging the…
Financial Literacy for Small Business Owners: What You Should Know
Financial literacy is more than just a buzzword—it’s an essential skill for every small business owner in Vancouver. From managing cash flow to understanding taxes and payroll, strong financial foundations help you make smarter decisions and plan for long-term success. Whether you’re launching your first startup or managing a growing business, this guide outlines what…
CRA Audit Triggers: What to Avoid in 2025
CRA Audit Triggers: What to Avoid in 2025 A CRA audit can be a stressful and time-consuming experience for any Vancouver business. Understanding what raises red flags with the Canada Revenue Agency in 2025 can help you stay compliant and audit-free. Review our Tax Preparation Services to ensure you’re minimizing risk through accurate and compliant…
Navigating Family-Owned Business Finances in Vancouver
Navigating Family-Owned Business Finances in Vancouver Running a family-owned business brings a unique set of financial challenges and opportunities. In Vancouver, small and mid-sized family businesses are a vital part of the local economy—but long-term financial health requires careful planning. Our Business Accounting Services provide the structure and insights necessary to manage both day-to-day operations…
Creating a Business Budget That Actually Works: Step-by-Step Guide
Creating a Business Budget That Actually Works: Step-by-Step Guide Building a business budget that supports growth and minimizes risk is a key part of financial success. Many Vancouver entrepreneurs struggle to forecast income and expenses accurately. This step-by-step guide simplifies the process and helps you take control of your finances. Discover how our Business Accounting…
How CPAs Can Help With ESG Compliance Reporting in 2025
How CPAs Can Help With ESG Compliance Reporting in 2025 Environmental, Social, and Governance (ESG) compliance is becoming an essential component of financial reporting for businesses in 2025. Regulatory bodies and investors are demanding transparent, measurable, and auditable ESG data. At Judi Wang, CPA, we help Vancouver businesses stay ahead of these evolving requirements through…
The Future of Accounting: AI and Automation in Financial Management
The Future of Accounting: AI and Automation in Financial Management Artificial Intelligence (AI) is revolutionizing the accounting industry, streamlining tasks and improving accuracy. Vancouver businesses are beginning to adopt AI-powered tools for bookkeeping, financial forecasting, and compliance. Explore how Business Accounting Services are evolving with automation and what it means for your company’s financial strategy.…