CGA and CRA Perspective: Financial tools to run your business

CGA and CRA Perspective: Financial tools to run your business

 

By Tes Aiello

On January 23rd, the MFBC hosted their first 2013 annual general meeting at the Hilton Airport Suites. Even the cold temperatures of excess of -40 degrees celsius could not keep members and future MFBC members away from networking and learning how financial tools can effectively run and grow your business!
Keynote Speaker Hipolito Albin (JR) is a certified general accountant (CGA) who has over 12 years of accounting and management experience in various business sectors. In his spare time, JR volunteers as the treasurer of MFBC, and as a member of CGA Manitoba Services Committee. JR expanded attendees horizons by presenting that a little knowledge and awareness of profit and loss, balance sheets, budgeting tools, financial projections and cash flow management of your business goes a long way for the success of your business. If you require more information or need a second opinion, JR recommended to seek the advice and guidance of a CGA ! Please do not hesitate to contact JR at treasurer@mfbc.ca for further information or questions you may have for your business.
For the first time, MFBC attendees had the pleasure of meeting and listening to guidance and advice from CRA representatives – including various government requirements, common mistakes regarding GST remittance and business input tax credits. For those of you who missed our event – you missed an informative question and answer period with Kelly Nichol and Michael Marcelino from CRA. The key take away – Be Reasonable ! The evening also included many fun moments for the attendees including hearing examples of how one could classify and properly assess the monetary value of the payment of “a whole cow for your business expenses” – hmmmm……I think you really need to be there to understand this one….
Ron Cantiveros from the Filipino Journal closed out the evening with exciting events happening in our Filipino community, such as Festival Du Voyageur Filipino Day and of course the Volunteer Manitoba Service Awards. Please nominate someone deserving today! Visit volunteermanitoba.ca
Our next MFBC event will be held Thursday February 21st, 2013 at the Hilton Airport Suites. Our key note speaker is Deri Latimer, presence on the platform. Simple Strategies for Speaking Success. Many have seen her already and speak about her inspiration and her 17 years of experience engaging audience across every business sector.
We are also always looking for new members to join our dynamic group of positive like-minded individuals! Come to our next event to discover what we are about and what MFBC can do for you and your business. Remember membership alone does not grow your business, participation does!
For more information, please visit us at www.mfbc.ca or info@mfbc.ca

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