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A CRA Audit Is a Business Risk: What Canadian CEOs Should Prepare Before One Begins
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A CRA Audit Is a Business Risk: What Canadian CEOs Should Prepare Before One Begins
As you will see, there is more to an audit of your Canada Revenue Agency (CRA) account than simply answering their inquiries. Audits present risks to your business. A CRA audit may arrive in the middle of the best quarter in a company’s history. This is when the revenue is high, all hiring plans have been approved and the entire leadership team is planning for future product development. At that point, a letter arrives with a request for an audi…
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