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Planning an exit strategy
An exit strategy is an important business strategy. Whether you're passing your business down to the next generation or navigating a robust M&A market, we can help turn your passion and commitment into profit.
Industries at a crossroad
How can car dealerships adapt to changing customer demands?
Consumer behaviour driven by evolving technology is changing fast in the automotive industry. Our new series shares insights to help your business stay ahead.
Cloud Accounting Home
Cloud accounting
Revolving door? Tips to help you deal with a labour shortage
Labour shortages may be the norm, but there are ways to remain competitive. Solve your staffing crunch by incorporating these strategies into your growth plan.
Environmental, social, and governance (ESG) and sustainability Home
ESG
ESG for small- and medium-sized businesses: What you need to know
We can help your business effectively navigate the complex challenges and opportunities along your ESG journey.
Agriculture Home
ASPE Sec. 3041 Agriculture
Understanding and applying the new ASPE Section 3041 Agriculture
The Canadian Accounting Standards Board (AcSB) has released new guidance on recognizing, measuring and disclosing biological assets and the harvested products of bio assets.
Cannabis Home
ASPE Sec. 3041 Agriculture
Understanding and applying the new ASPE Section 3041 Agriculture
The Canadian Accounting Standards Board (AcSB) has released new guidance on recognizing, measuring and disclosing biological assets and the harvested products of bio assets.
Financial Services Home
Advisory
Preventing human trafficking: global issue, calling Canada
Did you know slavery still occurs in the 21st century? The modern face of slavery is human trafficking.
Professional services Home
Charities & not-for-profit
Improving financial health with reserves planning
Reserve funds offer charities and not-forprofit organizations important benefits—
from funding new strategic directions to avoiding undesirable cost reduction measures—but setting them up is not without its challenges.
In June 2013, the Canada Revenue Agency (CRA) released a new version of Form T1135, Foreign Income Verification Statement. This form must be filed by all Canadian-resident taxpayers1 that hold specified foreign property (SFP) exceeding $100,000 (CDN) at any time in the year.
There were several changes to this revised form, one of the main changes being the requirement to provide detailed information for each SFP held during the year. Please refer to our Grant Thornton release CRA releases new Form T1135 – What does that mean for you? for details on what SFP includes and a list of the new information requested on the revised form.
Find out more about the new streamlined reporting option. [ 164 kb ]