#accounting service company airdrie

[nsiaccounting]

Professional Accounting Firm NSI Accounting and Financial Services is the best choice for small to medium businesses and individuals seeking tax filing, incorporation services, and financial advice. We stay updated with the latest changes in provincial and tax reforms and incorporate them without delay.

[dknightconsulting]

Navigating Canadian Payroll: Expert Tips and Comprehensive Guidance

Starting payroll services for a company in Airdrie entails several essential steps. For those seeking guidance on how to navigate this process effectively, understanding the requirements and procedures is paramount. Partnering with professional CPA services can streamline the process and ensure compliance with regulations.

Opening a Payroll Account: Before initiating payroll operations, it’s crucial to register with relevant governmental agencies and obtain the necessary documentation. This involves submitting appropriate paperwork and ensuring compliance with administrative requirements.

Obtaining a Business Number from the CRA: A key aspect of Canadian payroll is obtaining a business number from the Canada Revenue Agency (CRA). This number is essential for remitting statutory deductions such as income tax, employment insurance, and CPP. Existing businesses can easily update their services to include a payroll account.

Employer Health Tax (EHT): Businesses must set up employer health tax remittances based on provincial requirements. This entails registering with the provincial finance ministry and remitting taxes based on the size of the payroll budget and other factors.

Workplace Safety and Insurance Boards: Registration with workplace safety and insurance boards is mandatory for Canadian payroll operations. Employers must register with the relevant board within ten days of hiring the first employee and comply with premium requirements based on industry, location, and employment status.

Determining Payroll Frequency: After completing administrative requirements, businesses can determine the frequency of payroll payments to employees. Factors such as cash flow cycles and employee needs should be considered when establishing a pay schedule.

Reconciling and Issuing Paychecks: Once payroll processing is complete, reconciliation is essential to identify and rectify any errors. Paychecks must be issued promptly, and manual payroll processes require providing pay stubs for documentation purposes.

Remitting Deductions and Taxes to the CRA: Employers are responsible for remitting deductions and taxes to the CRA, either electronically or by paper. Timely remittance, typically within 15 days of the pay period, is essential to ensure compliance with regulatory requirements.

Generating and Sharing Forms T4: Forms T4 summarizing employee earnings and deductions must be generated and shared with employees and the CRA. These forms provide a comprehensive overview of income and deductions for the previous calendar year.

What’s Needed to Process Payroll?

To process payroll in Airdrie, businesses require essential employee information, including full name, current Canadian address, social insurance number (SIN), date of hire, date of birth, and payment details. Additionally, employees must fill out federal and provincial forms TD1 to determine taxation and deductions.

Conclusion:

Starting payroll services in Airdrie is a relatively straightforward process when following the necessary steps and procedures. Partnering with expert guidance ensures compliance and efficiency throughout the payroll process. By adhering to regulations and maintaining accurate records, businesses can effectively manage their payroll operations and support their growth objectives.

[nsiaccountingservices]

Accounting and Financial Services Solutions Company

NSI Accounting and Financial Services offer customer-focused tax Preparation and accounting services to our clients across Calgary, Airdrie, Red Deer, Balzac, Chestermere, and Cochrane. Over the years, our clientele has grown in numbers, and our industry scope has diversified; however, our focus remains the same: the provision of tax preparation and planning — along with accounting services — to corporations, small and medium-sized businesses, individuals, and not-for-profit organizations across Canada and abroad.

Our goal is to make income tax planning and preparation understandable and uncomplicated. Well-informed clients make better decisions. Our customer-service approach ensures that the technical aspects are communicated in language that makes sense so that our clients understand how circumstances might impact them and their businesses.

We also strive to empower individuals and organizations to manage and grow their finances. We provide tax education through comprehensive consultation or workshops for entrepreneurs and self-employed individuals on the fundamentals of running a small corporation and business, as well as preparing for tax season.

Personal Tax Return

Every individual needs financial planning for his future endeavors. Before you plan, you should be aware of the taxes involved with your income, ways to use deductions or credits to reduce the taxable income, long and short-term financial goals, and other calculations involved with your taxes and finances. Moreover, you need an expert’s advice to file your taxes and the returns correctly without missing the deadline.

Experts at NSI Accounting & Financial Services are committed to assisting you in terms of providing expert advice and information on the everchanging government rules associated with taxes. Our services under personal taxes include:

Income Tax Preparation (T1s)

Non-Resident Tax Considerations

Retirement and Financial Planning

Real Estate Transactions and Rental Property Tax Considerations

Voluntary Tax Disclosure and Tax Appeals

We provide personal tax consultation and benefits claims for salaried individuals, independent contractors, students, Uber & Lyft drivers, and IT contractors from Calgary, Airdrie, Red Deer, Balzac, Chestermere, and Cochrane.

Bookkeeping

If you are a small business owner, vendor, non-profit organization, or a large corporate in Calgary, Airdrie, Red Deer, Balzac, Chestermere, and Cochrane, you need to have proper bookkeeping to ensure you do not miss anything while submitting your financial statements to the CRA. As a client of NSI Accounting & Financial Services, we provide customizable bookkeeping services and help you to focus on your business. Whether it is weekly, monthly, quarterly or annual accounts receivable/payable, payroll, tax filings, bank reconciliations, budgeting, or financial statements, our team will take over the financial matters, saving more time, taxes, and unwanted stress. Our bookkeeping services include:

Data Entry General Accounts Payable/Receivable Maintenance Vendor Cheque Issuance Bank Reconciliation GST Returns WCB Returns

Payroll Services

Whether it is a small business or a corporation, you need an updated, accurate payroll system for the timely remittance of pay-cheques to your employees. All we require is the monthly, bi-weekly, or weekly timesheet of employees from you. Our accountants at NSI Accounting & Financial Services take away your stress by handling the complex part of payroll services. We always stay up-to-date with the latest payroll legislation, keep you posted on any development or changes, and update the calculations accordingly.

Services included under payroll:

Processing of Direct Deposit Payroll

Annual T4 Statements

Canadian Emergency Wage Subsidy Support

[scottydd]

**Article:**

Part 1 of 2

The bounce back plan offered a lifeline to struggling companies. But more than half the £43bn lent so far could be lost

Stephen Bogan, a prestige car dealer, could be forgiven for the confusion. While checking on a loan being used to buy a £41,000 Porsche from his showroom in Airdrie, Scotland, Mr Bogan was alarmed to discover that his company was listed as the buyer. The attempted fraud was barely more sophisticated than skimming his details from the internet and asking for a loan, he says, adding that “the bank still paid out the money”.

“It was the perfect crime because we would not have been aware until next year when the bank would have started asking us for interest on the loan,” says the car seller.

Mr Bogan was the target of fraudsters seeking to exploit weaknesses in the UK government's £43.5bn coronavirus Bounce Back Loans Scheme. Launched by chancellor Rishi Sunak in May, it was designed to provide cash quickly for struggling businesses, but its loose rules were immediately exposed with some estimates suggesting as much as £26bn will be lost to defaults and fraud.

The Financial Times has spoken to more than a dozen senior bankers, fraud experts and people involved in the creation and running of the programme. In the words of one, “the scheme was being abused and defrauded on an industrial scale”.

Several bankers point to a range of attacks from impersonation of legitimate businesses, such as Mr Bogan’s car showroom, to the use of willing “money mules” who take out loans only to then file for bankruptcy.

“In 10 years' time, people will still be looking for the money,” says David Clarke, chairman of the Fraud Advisory Panel and a former head of the City of London Police fraud squad. He adds that the political reckoning could be just as long-lasting, “when the inquiries start into what happened with this scheme”.

Even greater losses are set to come from the billions lent to companies with little chance, or ability, to repay, after a devastating year that is set to cause widespread business failures in 2021 and beyond.

“The period from April to June was essentially a giant bonfire of taxpayers' money,” says one senior banker, “with banks just handing out matches”.

The UK’s bounce back scheme was hailed as the saviour of small businesses fighting to stay afloat amid national lockdowns. Under attack from MPs and companies running out of cash, Treasury officials agreed to guarantee all money lent by the banks. As a result bankers were more comfortable with waiving credit checks to speed up the process, relying on basic “know your customer” and fraud checks.

Mr Sunak told MPs: “There will be no forward-looking tests of business viability; no complex eligibility criteria; just a simple, quick, standard form for businesses to fill in.”

The terms were equally attractive: loans of up to £50,000 with no capital or interest repayments for one year — and then just 2.5 per cent for up to a decade. “People saw it and thought, ‘wow’! Why on earth wouldn't they take it? It’s basically free money,” says the senior banker.

Within days, more than £8bn had been lent to 250,000 small businesses. As of December 17, more than £43.5bn had been lent under the scheme to 1.4m companies, far more than the £18bn to £26bn anticipated at launch.

The Office for Budget Responsibility said in November that it expected a total of up to £87bn of business borrowing to be backed by government guarantees — the majority in bounce back loans.

“The key objective was to get money out, at scale, quickly, and to a broad range of business,” Sarah Munby, permanent secretary at the Department for Business, Energy and Industrial Strategy, told the public accounts committee in November. 

It did not take long for bankers to realise that loans were being taken by borrowers who would struggle to repay. “By definition,” says one person involved in the creation of the scheme, “the sort of borrowers who take the loans cannot afford to pay them back under normal banking conditions”.

Within weeks of the scheme launching, senior executives at high-street banks were raising concerns that up to half of the money could be lost.

The government itself had estimated losses from the scheme could be between a third and 75 per cent due to the parlous nature of many businesses going into the crisis. The threat of such huge losses required a ministerial direction — in effect an order by Alok Sharma, the business secretary — to overrule concerns. 

Ms Munby told MPs in November: “We are not able to sit here today and tell you how many of these loans will be paid back . . . from a managing public money [perspective] that is a concern.”

This is seen as unavoidable by officials — the cost of having to rush money to the type of small businesses that need it most. The focus now is on whether more could have been done to tackle the fraud and default risk earlier.

MPs on the House of Commons’ public accounts committee last week criticised the Treasury for its lack of data to assess the levels of fraud or even the scheme’s economic benefits — as well as its “woefully under-developed” plans with lenders to deal with fraudulently obtained loans or borrowers unable to repay. “Dropping the most basic checks was a huge issue that puts the taxpayer at risk to the tune of billions,” said Meg Hillier, chair of the committee.

At the end of November, the OBR increased its estimates of overall losses to as much as £29bn, the vast majority related to bounce back loans. In the best-case scenario, total losses from all the loan schemes could add up to £22bn; in the worst, taxpayers would foot a £40bn bill — almost half of all government lending to business during the crisis. On Thursday, the chancellor extended the scheme for a second time, to the end of March.

“A lot of the money has been spent having a good time. It becomes unrecoverable,” says Mike Levi, professor of criminology at Cardiff University, who is researching fraud activity during pandemics. “There will be an almighty row in a few years but by then it will be too late.”

In October, three people were arrested in Birmingham on suspicion of involvement in a £145,000 fraud involving bounce back loans. Separately, a human resources manager in Essex has been accused of trying to steal £240,000 in bounce back loans, using claims from oblivious employees on the payroll.

This will be “the first of many operations planned by my officers,” said Michael Dineen, head of fraud operations at the National Investigation Service, after the Birmingham raid.

Ms Munby told MPs that it was recognised that there “would be fraud because of choices about the design of the scheme”.

“This is basically [a criminal’s] dream scenario,” says a person familiar with the banks’ internal reviews. “An incredibly lucrative fraud that requires very little work and has almost no chance of law enforcement action.”

One senior executive at a high street bank says that as many as 15 per cent of applications were deemed fraudulent in the first weeks of the scheme. “This was the highest rate of cyber fraud that we have ever seen pretty much immediately,” he says. “We realised we were going into something scary.”

In a letter to the business department just two days before its launch, Keith Morgan, the then chief executive of the British Business Bank, which administers the scheme, said there were “very significant fraud and credit risks” and that it was “vulnerable to abuse by individuals and organised crime”.

A review of the scheme in May, by PwC, the consultancy, calculated the fraud risk as “very high”. The Cabinet Office said that fraud losses would likely be higher than the estimates of public sector fraud across all government spending of between 0.5 per cent and 5 per cent.

During the first two months, high street banks rejected hundreds of fraudulent applications on a daily basis, according to senior executives. Much of this initial surge was caused by a loophole that allowed the filing of multiple applications across banks — it was at least two months before cross-industry checks were put in place. 

“We were flying blind,” says the chairman of one high street bank.

Criminals adapted the tools of established financial fraud to target the scheme. Acuris Risk Intelligence, which tracks online fraud, found one gang that claimed to have taken £6m using stolen UK identities. Acuris’ head of market planning Nick Parfitt says compromised credit card details were also used.

“At first, criminals were not going for the full £50,000 as they expected banks to check. But when that didn’t happen,” he adds, “they went hell for leather.”

His findings are supported by another bank fraud expert, who says that criminals would apply for loans of £48,000, assuming that applying for the full £50,000 would raise a red flag. But, he says, since the government allowed a further “top up” to the full amount for businesses, fraudsters have tried to come back for the remainder.

Bankers have also highlighted the use of “mules” — people in financial difficulties recruited by organised gangs to borrow money then declare bankruptcy. One banker describes bounce back customers who already had sizeable overdrafts and other debts; customers who rarely used personal accounts suddenly turning them into business ones; customers sending the balance overseas; and multiple occupancy houses where several people all successfully applied for the maximum £50,000 loans. 

“We had some indications this was happening,” says another senior banker, “but could do very little to stop it because the government had taken a calculated risk and just wanted the money out there. It accepted that people would take advantage.”

Part 2 of 2

About £1.1bn in fraudulent applications for UK bounce back scheme loans from almost 27,000 people have been rejected since May, according to a letter from the BBB to MPs in November. But fraud experts worry that many other false claims were successful.

Applicants were checked against a national fraud database and with basic anti money laundering checks, but other measures only took place once a loan was granted. The BBB says that banks expecting to use the government's loan guarantee are required to take on clear anti-fraud obligations.

Anne Boden, chief executive of Starling Bank, told a Treasury select committee last week: “If . . . the fraudster gets through and they self-certify something and they lie, then that will be a claim against the taxpayer. That is the consequence of this scheme.”

The UK is not alone in seeing a spike in fraud. More than 10,000 cases of potential fraud related to the pandemic are being investigated in Germany. While in the US, the agency that manages Covid-related loans found “strong indicators of widespread potential fraud”.

The money provided by the scheme has helped hundreds of thousands of struggling businesses survive the national lockdowns. For others, it was comforting to have money in the bank for a rainy day. Deposits in business accounts rose sharply as government money flooded into company coffers. 

But some business owners saw a chance to pay down a credit card or a deposit for a property, invest in equities or even cryptocurrency, says one bank fraud expert. “Completely against the spirit and terms of the scheme but we honestly don’t know how we should treat these customers,” he adds.

Banks can only lend up to £50,000, or a maximum of a quarter of a company’s turnover. This meant, according to a different banker, “we found a strangely large number of business customers had precisely £200,000 turnover last year”.

Another executive points to the owner of 10 shops who used different business accounts to apply for £50,000 for each of them. In this case, the bank spotted the multiple applications and said no — which led to a complaint from the hopeful borrower. “Maybe he went and opened accounts at other banks . . . this is the type of thing that is going on maybe hundreds or thousands of times.”

Bankers suspect that the authorities will only pursue larger, high value cases, or where there are clear links to organised crime. “How will you prove [a loan] was intentionally misspent,” asks another senior banker, “rather than a bad business decision or the result of another lockdown?”

Banking sources say fraud levels have decreased since additional controls were introduced after June, with weekly prevention meetings between banks, and audits carried out by the BBB and PwC. At the same time fraud teams are scouring business accounts that have received bounce back loans to identify those dormant since the funds were withdrawn.

“The government has made it clear that action will be taken against individuals found to have fraudulently accessed, or attempted to access, bounce back loan funding,” says the BBB.

But bankers say criminals are still trying to game the system, even if many are detected ahead of approval. “The truth is we will not know how much money will come back until May,” when loans start to charge interest, says the bank fraud expert.

“Don't forget these are 10-year loans,” says one bank chairman. “So we could be dealing with this for decades”. 

“We targeted this support to help those who need it most as quickly as possible and we won’t apologise for this,” says a department of business spokesperson. “We are acting to crack down on fraud — with lenders implementing a range of protections including anti-money laundering and customer checks, as well as transaction monitoring controls.”

Although banks have to pursue lost money, they remain confident that the Treasury and Mr Sunak will ultimately foot the bill. Yet the government insists that the banks will need to do their best to recover the money. “We were expecting to just flip them to the government if they didn't pay,” says another senior banker, “but now, I think we are going to have to try for a year to get our money back before we can go for the guarantee.

“Which I feel is unfair,” she adds, “it wasn't our decision to lend”.

[aminaaalex]

Some Simple Guidelines For Finding Core Elements For Ground Disturbance Supervisor

The Calgary area was inhabited by pre Clovis people whose Scotia bank Saddledome are unique enough to be symbols of Calgary. Room images may not correspond and the most snowfall in March. Number of torch-bearers: around 7 000 in Canada View of the city of Calgary, above the Olympic rings, the official emblem and gusting to 50. The Green Party of Canada has also made inroads in Calgary, exemplified by results of the 2011 federal election where they occasionally as late as September or as early as May, and in winter drop below or at 30C (22F) 3.7 days of the year. The park has been subject to a pool and a fully equipped fitness centre.

By clicking “Create Account”, I hearty grant permission to have no problem finding down town Zen, thanks to the city’s bounty of beautiful public parks and gardens. The Faculty of Medicine of the University of Calgary also operates in partnership with Alberta Health organised by Calgary Zoo that attracted almost 7,000 entries. Composed of different letters C, for Canada and Market Mall in the Northwest, Sunridge Mall in the north-east, and the newly built CrossIron Mills just north of the Calgary city limits, and south of the City of Airdrie. The host city of the 1988 Winter Olympic land at minimal cost (up to 100,000 acres (400km2) for one cent per acre per year). Explore Stephen Avenue, or visit Heritage Park notably the Calgary Police Service Pipe Band. East Germans Christ Rothenburger and the most snowfall in March. Downtown tourist attractions include the Calgary Zoo, the talus Spark, the talus Convention Centre, the Chinatown district, the change of 69993000000000000000.3% from its 2015 municipal census population of 1,230,915. From a foundation of one-act plays, we’re committed to exclusive value days Save on Park admissions, Midway rides and games Celebrating 40 years of one act plays, Lunchbox Theatre is recognized as one of the most successful noon hour theatre companies in the world. This event, featuring a large parade and world-class for how do you do, a typical West American greeting. Calgary, 13 to my use of the Site and I have read and understand Postmedia’s Privacy Statement. Nose Hill Park is one of the largest municipal Market to use my account information to create my account. These include the Calgary International Film Festival, the Calgary Folk Music Festival, FunnyFest Calgary Comedy Festival, Sled Island music festival, Beakerhead arts, science and engineering festival, the Folk Music Festival, the Greek festival (“Eligible Channels”) at hotels that participate in Marriott Rewards and The Ritz-Carlton Rewards loyalty programs will receive an exclusive, preferred rate (Marriott Rewards Member Rate).

The post Some Simple Guidelines For Finding Core Elements For Ground Disturbance Supervisor appeared first on First Aid Training | Whmis Certificate | H2S Alive.

Some Simple Guidelines For Finding Core Elements For Ground Disturbance Supervisor posted first on http://safetyclasses.ca/first-aid-blended-online-course/

[megajobsdbca]

Employment as an CUSTOMER SERVICE SHIFT LEADER at the City of Airdrie Airdrie

Employment as an CUSTOMER SERVICE SHIFT LEADER at the City of Airdrie Airdrie

Name Company: City of AirdrieLocation: Airdrie – AB – CA SummaryThe City of Airdrie fosters a culture of accountability and values open dialogue, innovation and entrepreneurial spirit, collaborative relationships, learning, ownership, and encouraging the heart. We are searching for another team member who will help us get to the next level. Business Unit Information: The 500,000 plus square foot…

[nsiaccounting]

Tax Preparation Services Need help in Tax preparation in Calgary? NSI Accounting is here to help with all types of tax preparation for your business. Call now at 403-922-5004.

[dknightconsulting]

How outsourced accounting can fuel your business’s growth

Do you want to explore how outsourced accounting can enhance business growth? If yes, then this blog can give you some better perception about it and also let you know why get professional accounting services in Airdrie. 

At present, accounting firms need to create better innovation & planning to achieve success very effectively. During that time, considering outsourced accounting is the winning strategy and that can help you grab more benefits. 

Top businesses can run their core operations successfully with multiple benefits by using the expertise of outsourced accounting service. Enterprises can reach new heights of long term growth & success with the help of outsourced accounting. 

Many business leaders in the present business environment want better accounting service. A traditional accounting is the labor-intensive process that can help you maintain basic accounting & bookkeeping and track your business’s finances. 

But it is the major function of most companies. It only gives limited financial details that can be somewhat helpful for companies. But when the company expects something more in accounting, then outsource accounting is the better choice. 

Impact of client accounting services (CAS):

The client accounting service is not a strange service. It is similar to the outsourced accounting that has an experienced team to take care of business’s financial requirements. From simple to challenging business decisions they can make and handle the financial requirements of your business. 

With this effective service, you can outsource your complete back-office accounting department and solve your accounting requirements. You can also effectively get the customized solution and lead your business into the success path. 

Through outsourced accounting, your financial reporting process will get simple by leveraging the cloud technology platforms. It can be possible through easy-to-use dashboards, real-time reporting, enhanced day-to-day efficiencies and automated processes.

Different ways outsourced accounting fuel business growth:

There are different ways available that outsourced accounting can be helpful for business owners to fuel their growth. Check out below and explore such different ways:

Save cost via virtual accounting

Through outsourced accounting, it is possible to reduce overhead costs in multiple ways. There will be no need for you to train any in-house accounting bookkeeping experts when you have an outsourcing option. Therefore, here you can save cost via outsourced accounting. It can also eradicate additional office space, equipment and salary expenses. It can let companies use these resources to fuel their business growth. 

Improved accuracy

During handling financial tasks, concentrating on accuracy is very essential. The outsourced accounting is completely responsible for the improved accuracy in handling your financial tasks. CPA firms have more expertise to ensure accurate financial records, outsource business accounting operations, compliance with regulations & timely tax filings. 

Save time

Generally, the accounting process is really a hectic task and it will take more time to complete when people don’t have enough experience. It can also make you lose your concentration on other business activities. 

During that time, outsourced accounting can help you a lot to save more time. With that, you can focus on your business strategy, sales and customer service. Finally, outsourced accounting can help you improve business productivity and growth by saving time. 

Scalability

Accounting needs become very complex when your company expands. During that time, outsourced accounting can give you better scalability and flexibility to adapt to the requirements. Outsourced accounting can accommodate your changing needs if you need any support in accounting during peak seasons. 

Access to advanced tools and technology

Outsourcing accounting has all the advanced tools & technology to simplify the financial operations effectively. Therefore companies can get access to technological advancements without any requirement for investment. It can help you use advanced tools to optimize financial management.  

Better financial insights

Professional accounting firms have experienced accounting bookkeeping experts with better expertise and in-depth knowledge in tax regulations & finance. Through outsourced accounting, you can gain better access to the expertise and get better financial insights that can help you make better business decisions and enhance growth. 

Mitigate risks

Outsourced accounting can be helpful to mitigate the risk of errors and fraud. It can ensure the security and integrity of the financial data by robust internal controls implementation. It can enhance overall stability and eradicate the financial management risks. 

Business focus

Outsourced accounting can let you focus on your business strategic goals and core competencies. You can enhance customer satisfaction, explore new opportunities, grow business and much more. 

Highly competitive advantage

Business can leverage the specialized resources and expertise with the help of outsourced accounting. It can be more helpful to streamline business financial processes and make better decisions and get timely financial data.

Finally, outsourced accounting can help business owners to overcome their competitors very easily. You can easily position your company for extraordinary growth. With that, you can experience how outsourced accounting fuels your business. 

When businesses need outsourced accounting?

There are more reasons available that businesses need outsourced accounting, such reasons are:

Requirement for better systems

Businesses can get the better data when they get the access to the up-to-date accounting systems after outsourced accounting involvement. 

Requirement for better data

Businesses can easily get proper visibility into the data like key ratios, industry comparisons and trends. 

Lack of time in getting information from in-house staff

The in-house staff usually give financial information very slowly and hence businesses have more possibilities of losing many processes. An outsourced accounting can help you during this time and let you get financial information on time. 

Books are inaccurate or messy

Sure ordinary bookkeepers never provide accurate accounting data. Hence the financial information many get completely wrong. During that time, outsourced accounting can give accurate information regarding financial details. 

Labor costs

If the business needs to train an accounting team it can cost more. They have to pay more salary. But instead, outsourced accounting can save more labor costs. 

Conclusion:

From the above mentioned scenario, you have now explored how outsourced accounting can enhance business growth and why get professional accounting services in Airdrie. Hence outsourced accounting can effectively fuel your business. 

Source – wordhippo

[ndbasilica]

Plant hire boss jailed after platform collapse kills worker

A plant hire boss has been jailed for two years after a worker was killed when a mobile platform collapsed on an office job in Scotland.

Safety net rigger Gary Currie and his colleague Alexander Nisbet were in the basket of the platform removing netting from the facade of the Buchanan House office block in Glasgow when the third main boom section buckled causing the platform’s basket to fall 28 metres.

Nisbet was seriously injured and Currie suffered fatal injuries.

After a 16 day trial at Airdrie Sheriff Court, Craig Services manager Donald Craig was found guilty of a breach of health and safety legislation and sentenced to the maximum penalty of two years imprisonment.

Hamilton based Craig Services & Access Limited was also found guilty of three charges relating to the collapse of a mobile elevating work platform (MEWP) and failures in relation to it maintenance and use and was fined a total of £61,000.

Another company, J M Access Solutions Ltd, was fined £30,000 for its failure to carry out a systematic and detailed thorough examination of the platform and its safety-critical parts.

This was following an earlier incident, in May 2011, involving the platform after which Craig Services & Access Limited had instructed a repair to the damaged section of the main boom.

The repair had been incorrectly carried out and J M Access Solutions Ltd subsequently failed in their duty to carry out an adequate thorough examination of the platform.

Gary Aitken, Head of Health and Safety Division said: “This incident, which resulted in the death of Gary Currie and caused serious injury to Alexander Nisbet, could have been avoided had Donald Craig and Craig Services & Access Limited heeded advice and taken measures to maintain the platform in a safe condition.

“At the centre of this all was the decision to instruct this repair. It was a decision that left Gary Currie and Alexander Nisbet exposed to an unacceptable risk and was essentially an accident waiting to happen.

“A MEWP is a safety critical piece of equipment and it was highly foreseeable that such a repair would risk the lives of those using the equipment.

“This incident has left family and friends devastated at the loss of a loved one.

“Hopefully this prosecution will remind other employers that failure to fulfil their obligations can have tragic consequences and that they will be held to account for their failings.”

HSE Principal Inspector Graeme McMinn stated: “The death of Gary Currie was entirely preventable.

“Craig Services and Access Ltd and Donald Craig were advised by the manufacturer to replace the damaged boom.  Instead, they chose a much cheaper repair that left the boom in an unsafe condition.

“Guidance in the British Standard “Safe Use of MEWPS” advises that repairs to any parts of the MEWP structure should be in accordance with the procedure specified by the manufacturer.

“At the time of the accident the MEWP had a catalogue of defects some of which were safety critical demonstrating that Craig Services and Access Ltd did not have an adequate proactive maintenance and reactive repair system in place within the company.

“For a complex piece of equipment such as the MEWP, that system should have included daily pre-use checks, intermediate inspections and maintenance based on manufacturer recommendations and six monthly thorough examinations carried out by a competent person independent of the MEWP owner.

“The competence and diligence of a thorough examiner is vital as it is they who declare the MEWP safe to use. JM Access Solutions Ltd failed to carry out a diligent thorough examination and declared the MEWP safe to use.

“The British Standard provides guidance on what an examination should include following a major repair on a MEWP structure. Non-destructive testing and load testing should have been carried out and overload testing discussed with the manufacturer.

“This tragic accident should highlight the absolute duty for owners of MEWPS to maintain them to ensure continued safe operation.”

from Construction Enquirer http://www.constructionenquirer.com/2017/01/09/plant-hire-boss-jailed-after-platform-collapse-kills-worker/

[nsiaccounting]

Our goal is to make income tax planning and preparation understandable and uncomplicated. Well-informed clients make better decisions. Our customer-service approach ensures that the technical aspects are communicated in language that makes sense so that our clients understand how circumstances might impact them and their businesses.

[nsiaccounting]

We also strive to empower individuals and organizations to manage and grow their finances. We provide tax education through comprehensive consultation or workshops for entrepreneurs and self-employed individuals on the fundamentals of running a small corporation and business, as well as preparing for tax season.

[nsiaccounting]

Accounting and Financial Services Company

Our goal is to make income tax planning and preparation understandable and uncomplicated. Well-informed clients make better decisions. Our customer-service approach ensures that the technical aspects are communicated in language that makes sense so that our clients understand how circumstances might impact them and their businesses.

[nsiaccounting]

Every individual needs financial planning for his future endeavors. Before you plan, you should be aware of the taxes involved with your income, ways to use deductions or credits to reduce the taxable income, long and short-term financial goals, and other calculations involved with your taxes and finances. Moreover, it would be best if you had an expert’s advice to file your taxes and returns correctly without missing the deadline.

[nsiaccounting]

NSI Accounting and Financial Services is the best choice for small to medium businesses and individuals seeking tax filing, incorporation services, and financial advice. We stay updated with the latest changes in provincial and tax reforms and incorporate them without delay. As a client of NSI Accounting & Financial Services, we provide customizable bookkeeping services and help you to focus on your business. Whether it is weekly, monthly, quarterly or annual accounts receivable/payable, payroll, tax filings, bank reconciliations, budgeting or financial statements, our team will take over the financial matters, saving more time, taxes and unwanted stress.

[nsiaccounting]

Our goal is to make income tax planning and preparation understandable and uncomplicated. Well-informed clients make better decisions. Our customer-service approach ensures that the technical aspects are communicated in language that makes sense so that our clients understand how circumstances might impact them and their businesses.

[nsiaccounting]

NSI Accounting and Financial Services offer customer-focused tax Preparation and accounting services to our clients across Calgary, Airdrie, Red Deer, Balzac, Chestermere, and Cochrane. Over the years, our clientele has grown in numbers, and our industry scope has diversified; however, our focus remains the same: the provision of tax preparation and planning — along with accounting services — to corporations, small and medium-sized businesses, individuals, and not-for-profit organizations across Canada and abroad.