Accounting and finance Archives

Financial statements: the importance of knowing how to read your business’s figures

Almost 50% of Québec SMEs close their doors within five years.* Why? For Sébastien Giroux, the ability to understand a business through numbers may explain the unfortunate phenomenon. This is the theory he develops in a fascinating webinar as part of the 20 minutes CPA series: 20 minutes CPA : « Déchiffrer un état financier » (understanding financial … Continued

Financing: one of the building blocks of business growth

When you go into business, it’s to succeed. But depending on the sector, from 30% to 40% of businesses fail after a few years. What explains why two organizations – similar in every respect – can meet opposing fates, one enjoying spectacular success, the other going downhill and eventually closing? “Financing may be the reason,” … Continued

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