A real estate company approached our firm to assist them to revise their revenue recognition policies

A real estate company approached our firm to assist them to revise their revenue recognition policies. 


 Recently changed accounting standards require real estate companies to recognize rental revenue using the straight line method. This change is significant, and has many implications. 

 If your company collects rental income, call me to discuss how these these accounting changes effect your company.

Back to all posts

News RSS

Canadian Sales Taxes - not too high and not too low

(Dec 10, 2012) Canadian federal and provincial sales taxes are slightly above the average...

» more

UHY Study - Canada holds the line on personal income taxes

(Nov 5, 2012) The gap between Canada and the high tax Western Europe countries grows larger,...

» more

QST Changes - Jan 1, 2013

(Oct 31, 2012) Starting Jan 1, 2013, the Quebec Sales Tax (QST) will be harmonized with the...

» more

Read all news


FAQ

Should GST and QST be charged on the sale of a part residential and part commercial (split-use) property?

» more


Is it better to lease or buy a new vehicle?

» more


What are the Canadian withholdings on payments to non-residents?

» more


Read all FAQ
UHY VICTOR SENCRL • LLP
Société de comptables
professionnels agréés •
Partnership of Chartered
Professional Accountants

 759, rue du Square-Victoria, #400
Montréal, Québec, H2Y 2J7
Canada

 +1 514 282 1836
UHY VICTOR LLP (the “Firm”) is a member of Urbach Hacker Young International Limited, a UK company, and forms part of the international UHY network of legally independent accounting and consulting firms. UHY is the brand name for the UHY international network. The services described herein are provided by the Firm and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.