Category: Accounting

There is a lot of important information that you need to be aware of, if you are an accounting professional that has been trained in a country other than Canada. Below you will find some general information about the Canadian accounting fields.

How to Look for, Land, and Keep a Job in the Canadian Workplace

About the Speaker: Dave Lovelock in facts and numbers  How do you feel about Job Hunting? Don’t turn your back on this fact…the workplace is changing. It is a short-term world out there…so, stay flexible! Job Search Myth 1: All

Introduction to Sector Councils

The Alliance of Sector Councils The Alliance of Sector Councils (TASC) is a national coordinating body of 29 sector councils representing a wide range of industries in Canada . Its role is to analyze and address sector-wide human resources issues in order

Accounts Payable and Receivable Clerks

Accounts Payable and Receivable Clerks

Introduction Related Job Titles Major Duties Qualifications and Requirements Compensation Who are the Employers? Job Postings Job Posting Examples Professional Associations  Introduction There are many different levels of responsibility in the accounting profession. At the entry level, accounting clerks record

Payroll Clerks

Payroll Clerks in Canada

Introduction Related Job Titles Major Duties Qualifications and Requirements Compensation Who are the Employers? Job Postings Job Posting Example Professional Associations Other Links  Introduction Payroll clerks collect and process the information needed to issue payroll cheques to employees. Although payroll

Accounting professional designations in Ontario

“Accounting activity in Ontario falls into two categories, only one of which is licensed. The unlicensed field encompasses the work of those in industry and services to individuals, businesses and other organizations, which do not involve the adding of credibility

Hiring and salary trends in accounting and finance for 2014

The accountant’s role has changed significantly in recent years, moving away from processing and calculating data and focusing instead on analyzing information and helping to chart the course of a company’s future. As job responsibilities have shifted, so have the

Preparing Financial Statements

For your information . . . Two examples of classified financial statements are presented here for you to examine. Classified Financial Statements: REPORT FORM of Balance Sheet: The Toronto Hotel Balance Sheet October 31, 1997 Assets Current Assets Cash $9

Preparing Financial Statements

T. Mott, DJ Balance Sheet October 31, 1997 Assets Liabilities and Owner’s Equity Cash $2,555 Liabilities: Accounts Receivables 3,700 Accounts Payable $1,600 Office Supplies 284 Bank Loan 7,700 Prepaid Insurance 1,000 Total Liabilities $9,300 Tapes 3,000 Owner’s Equity Car 12,300

Preparing Financial Statements

Using the figures provided below, prepare a Balance Sheet for T. Mott for October 31, 1997. General Expense 180 Cash 2,555 Equipment Expense 765 Accounts Receivable 3,700 T. Mott, Capital 18,735 T. Mott, Drawings 9,500 Fees Earned 29,990 Office Supplies

Preparing Financial Statements

The tasks and samples in this section will help you better understand the terms used in financial statements, especially in a balance sheet. Note that the balance sheet may also be referred to as the Statement of Financial Position and