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RLB Blog

About the author: Jessica Reuel
Jessica is an active member on RLB’s NPO team and is a strong believer in animal rights. She graduated from the University of Waterloo, School of Accounting and Finance in 2017. In her off time, Jessica enjoys photography, baking, and movies/tv. She currently lives in Waterloo with her boyfriend and three cats. She is a strong believer in animal rights and supporting mental health issues

Benefits of Having a Disaster Recovery Plan

Benefits of Having a Disaster Recovery Plan

What is a Disaster Recovery Plan (DRP)? A Disaster Recovery Plan (DRP) is a documented, structured tactic that describes how an organization can quickly go back to work and operations after an unforeseen incident occurs. Having a DRP can be the difference between closing your doors for a week versus forever. Instances when an organization might need a DRP could include:

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National “I am in Control Day”

National “I am in Control Day”
March 28, 2022

It is completely normal to feel overwhelmed by life or to struggle to make decisions. National I am in control day is on March 30th. On this day, we strive to get things under control in our lives on a day-to-day basis. In our new world, it can seem difficult to do this. However, there are some small steps you can take to move in the right direction. The discussion to follow are some suggestions on how you can take control for yourself.

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Tips for an Effective Board of Directors

Tips for an Effective Board of Directors

What is a Board of Directors? A Board of Directors is an elected group of individuals that represent the shareholders of an organization or members of a not-for-profit organization. They are to provide strategic direction to the organization and oversight of senior management’s activities. In a not-for-profit, the Board is responsible for governing the organization. The tips to follow can be the difference between a Board being able to effectively operate an organization versus inspiring and driving its success.

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Changes to Compilation Engagement

Changes to Compilation Engagement
February 1, 2022

A compilation engagement (previously referred to as a notice to reader) will be going through some changes this year. This is the first time in over 30 years that the Auditing and Assurance Standards Board has issued a new standard. For those who manage a business and engage a practitioner to compile your financial information, these changes should be taken note of.

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Get Up Day: Taking A Look At Resiliency & Wellbeing

Get Up Day: Taking A Look At Resiliency & Wellbeing
January 31, 2022

February 1st is National Get Up Day. This gives us an opportunity to share inspiring stories of perseverance. It reminds us to pick ourselves up when we have fallen and give it another try. In our new normal, one of our biggest challenges can be working effectively from home while still feeling connected to your co-workers. Many of these trials could be parents with young children having to take on the role of teacher or dealing with a demanding and affectionate officemate (yes, I am talking about my cat).

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What the Ontario Staycation Benefit Means for Businesses

What the Ontario Staycation Benefit Means for Businesses

After two years in lockdowns, red zones and face masks, the Ontario government will be providing a “Staycation” Tax Credit for 2022. The aim of the tax credit is to encourage Ontario residents to explore the province and boost the tourism and hospitality sectors financially from the pandemic. This can be viewed as a less risky alternative to travelling outside of Canada. The tax credit is estimated to provide $270 million in support to 1.85 million Ontario families.

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