Mario M. Hristov, CPA Inc.
Unit 309 - 901 West 3rd Street V7P 3P9 North Vancouver, BC, Canada

Want to know more about mission, vision and values of Chartered Professional Accountants Canada organization? Well, look no further: MISSION CPA Canada enhances the influence, relevance and value of the Canadian CPA profession by: - acting in the public interest... - supporting our members - contributing to economic and social development VISION The Canadian CPA is the pre-eminent, globally respected business and accounting designation. VALUES We create trust by living by our values: - act with integrity - foster excellence - be accountable - work collaboratively - respect others https://www.cpacanada.ca//mission-vision-and-values-of-cpa

Want to know more about Chartered Professional Accountants of British Columbia (CPABC)? Well, CPABC is the training, governing, and regulatory body for over 36,000 CPA members and 5,000 CPA students. CPABC carries out its primary mission to protect the public by enforcing the highest professional and ethical standards and contributing to the advancement of public policy. CPAs are on the front lines of business in BC, and they see firsthand the issues that are affecting inves...tment and the economy. Our members advise multinational corporations, small businesses, not-for-profits, government agencies, and countless individuals. They are highly regarded for their leadership in the field of public accounting, their strategic insight in the boardrooms of top corporations, and their guidance in government and public sector accounting. Each provincial CPA body is a member organization of the Chartered Professional Accountants of Canada (CPA Canada), which represents more than 210,000 professional accountants across the country and around the world. https://www.bccpa.ca/about-cpabc/

How a Chartered Professional Accountant, working in public practice, can help your business? Well, CPAs working in public practice provide their clients with services such as: - start-up counselling - purchases and sales of businesses - business valuations... - business planning and financial projections - process deployment and improvement - developing strategies for securing financing - corporate and personal income tax planning - information technology need analysis - assurance (audits and reviews) - preparing and analyzing financial information - acting as trustee for receivership, insolvency or bankruptcy - developing management controls - management consulting - forensic accounting and litigation support https://www.cpacanada.ca//the-cpa-profession//what-cpas-do

What Chartered Professional Accountants do? Well, CPAs play key roles within diverse segments of the economy including industry, public accounting, government, education and the not-for-profit sector. They offer a strong set of accounting and managerial skills required for todays complex and evolving environment. CPAs are broad-minded, forward-thinking professionals who undertake appropriate analysis, exercise good judgment, communicate effectively and act to protect the public interest. https://www.cpacanada.ca//the-cpa-profession//what-cpas-do

Why hire / work with a Chartered Professional Accountant? When you hire a CPA, you can be rest assured that youre hiring a professional with the financial proficiency, strategic vision and commitment that will help your organization compete and succeed, at home and abroad. https://www.cpacanada.ca//cpas-and/what-cpas-do/hire-a-pro

Canada Pension Plan Enhancement - CRA Webinar https://www.canada.ca//canada-pension-plan-enhancement-web

Budget 2018 https://www.budget.gc.ca/2018/home-accueil-en.html

Small Business Deduction CRA Webinar https://www.canada.ca//small-business-deduction-webinar.ht

GST / HST Questions and Answers https://www.canada.ca//businesses-video-galle/gst-q-a.html

Minimum Wage Increases Sep 15, 2017 https://www2.gov.bc.ca//employment/factsheets/minimum-wage

Budget 2017 https://www.budget.gc.ca/2017/home-accueil-en.html

Starting a Business In BC https://www2.gov.bc.ca//managing-a-bus/starting-a-business

In my capacity as Treasurer for a small registered charity I often have to answer questions regarding donations and receipting. Below is what people should know about donating to auctions organized by registered charities. There are the two sides affected at fundraising auctions: Person who donates the item (donor), and Person who buys the item (winning bidder)... Official donation receipts to donors: A registered charity can issue an official donation receipt to the donor for the fair market value of the item at the time it is donated to the charity. It must be noted that the donated item may be subject to the Deemed Fair Market Value rule, so it is very important to consult a tax professional when organizing auctions. Also, if the fair market value of the donated item cannot be established, a receipt cannot be issued. Official donation receipts to winning bidders: Generally, a registered charity cannot issue an official donation receipt to the bidders. However, where the value of an item can be determined and is made known to all participating bidders, ahead of time and where the amount paid for the item exceeds the posted value, a registered charity can issue an official donation receipt for the eligible amount of the gift (i.e., where the posted value of the item does not exceed 80% of the accepted bid.). It must be noted that same rules apply for regular and silent auctions. There is an excellent example on CRAs website: https://www.canada.ca//fundraising-events-issuing-receipts