Minute book: is the update really necessary?

Updating the minute book: is it really necessary?

The short answer: yes, absolutely! The creation and updating of a corporate minute book is a legal obligation under both the Quebec Business Corporations Act (sections 31 to 42 QBCA) and the Canada Business Corporations Act (sections 20 to 22 CBCA). The minute book: the company’s legal memory The minute book traces the company’s entire […]

Taxes – Communications with tax authorities and document retention

Tax special - Communications with tax authorities and document retention

As tax returns are being prepared, many taxpayers are discovering, sometimes too late, issues that could have been avoided by simple preventive measures. Whether it’s missed communications with the tax authorities or documents that can’t be found at the right time, these situations can lead to delays, penalties and even unfavourable assessments. In this context, […]

Financial statements and SMEs: 4 common mistakes and their consequences

Financial statements: 4 common mistakes that cost SMEs dearly

For many managers of small and medium-sized enterprises (SMEs), accounting is often seen as an administrative burden, a formality required to meet annual tax obligations or the demands of banking institutions. And yet, behind the figures and analysis tables lies an essential steering tool for the company throughout the financial year. Indeed, when financial statements […]

Mental health: how to reduce risks… and make a real difference

Mental health: how to reduce risks... and make a real difference

Mental health is now the leading cause of work stoppage in Quebec, ahead of physical health problems. Insurers report that by 2024 and 2025, up to 40% of disability claims will be related to psychological health issues, a proportion that has been rising steadily in recent years. Behind these figures lie very concrete realities: work […]