It is a well-known fact that as your business becomes larger and more successful you will probably have to hire some type of extra help in dealing with financial calculations and bookkeeping. The larger you company becomes, however, the higher your accounting costs are likely to be, often making the need to pay for financial services a frustrating drain on your profits.
There are ways to minimize these expenses, however, by increasing the efficiency of your company’s financial infrastructure.
Since most accountants charge by the hour, your primary goal should be to make the work as easy (and non-time consuming) as possible for your accountant. One of the easiest ways to do this is to ensure that all records are stored in a manageable and orderly fashion. This usually means getting in the habit of storing your monetary figures on a computer, often in the form of a spreadsheet, chart, or other easily accessible document.
When entering figures into your computer it is often a good idea to get the simple calculations out of the way yourself before an accountant comes in. After all, it doesn’t make sense to pay someone else a high hourly rate to do something that you could very easily do all by yourself.
Finally, when it does come time to hire help, you should compare offers from a number of accounting firms before making a choice. It might also be a good idea to hire temp bookkeepers for the more routine record keeping work, as they will generally charge you a lot less than a fully-qualified CPA.
Civil Forfeiture and the Standard of Proof
Unlike criminal proceedings, where an accused person must be presumed innocent until proven guilty and only punished once their guilt has been proven beyond a reasonable doubt, civil forfeiture proceedings operate on the balance of probabilities, meaning that the state must merely demonstrate that an individual has probably done something illegal in order to obtain forfeiture of their property.
Democratic Rights: A Broad Charter Guarantee
Summary: In Canada, the right to vote and participate in provincial and federal elections is robustly protected under Section 3 of the Charter of Rights and Freedoms. This article delves into the nuances of this protection, highlighting key legal interpretations and decisions that underscore the strength of democratic rights in Canada, contrasting it with other freedoms that face more limitations.
The Right to Counsel in Canada
Section 10(b) of the Canadian Charter of Rights and Freedoms preserves the right of a detained individual to contact counsel immediately upon arrest or detention, and simultaneously imposes a duty upon police to immediately inform individuals that they have this right.
