10 CPD Topics Canadian CPAs Must Explore in 2024
Introduction
As we approach the fourth quarter of 2024, Canadian CPAs are strategizing their career development paths to ensure compliance with professional standards and to remain relevant in a rapidly evolving financial landscape. Continuing Professional Development (CPD) is crucial for CPAs to stay updated with the latest trends, regulations, and best practices. This ...
The Underused Housing Tax Affects More People than Initially Thought
Back in March 2023, I made a post describing how the Underused Housing Tax (UHT) Act applies to a wide scope of people aside from non-Canadian residents who own vacant residential property. Since that time, more has come to light with respect to who needs to file a UHT return, even if it can be established that no UHT is actually payable. It’s crucial that the public is made ...
The Future of Accounting: 5 Ways AI is Revolutionizing the Field
In an era characterized by rapid technological advancements, artificial intelligence (AI) has begun to reshape numerous industries, and accounting is no exception. The integration of AI into accounting practices has led to increased efficiency, improved accuracy, and enhanced decision-making capabilities. Here, we explore five key ways in which AI is revolutionizing the ...
ChatGPT 101: Unlock the Power of ChatGPT for Accountants
Hi, My new course ChatGPT 101: Unlock the Power of ChatGPT for Accountants is live! Join the AI revolution now and elevate your accounting skills with ChatGPT 101. ChatGPT can help you with forecasts, data analysis, categorizing expenses, crafting emails, templates and see trends. Are you an accountant looking to stay ahead of the curve and take advantage of the latest ...
10 Ways To Use ChatGPT For Accountants
Did you know you could use ChatGPT to help you become a better accountant? Here is what ChatGPT can help you with: Help you solve simple or complex accounting problems Answer questions about regulations Generate templates and invoices Categorize expenses Do calculations Make better accounting decisions Be prepared for important conversations Craft important ...
How to Effectively Delegate Tasks and Achieve More
Delegating some of your work can help you become more productive. Depending on your roles as an accountant, you may have some tasks that you can delegate to other people. The goal is to focus on your important tasks so you can have massive success as an accountant and delegate the tasks that are not important. Here are some important points to keep in mind. What are ...