Webinars

In this podcast episode, we explore a topic that’s both critical and often stressful for small business owners, CRA audits. Many entrepreneurs underestimate how frequently audits occur and the financial pressure they can bring. We’ll break down what typically triggers a CRA audit, the associated risks, and, most importantly, how small businesses can protect themselves. You’ll also learn how tools like Audit Shield help accountants safeguard their clients, common myths will be debunked, and practical strategies shared for managing audit risk. Whether you’re a small business owner or a CPA working with Canadian clients, this episode is packed with essential insights you won’t want to miss.

This webinar provided practical insights and actionable strategies for handling CRA audit challenges. Our speakers shared their expertise to help participants navigate complex audit scenarios effectively. We covered the frequency of CRA audits over the past 12 months, examining trends and patterns to help attendees better understand the audit landscape. This comprehensive overview included discussions on the types of claims, how long claims took, and the distribution of these claims across firms.