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Are you worried about the upcoming tax season? Are you just dreading getting all of your documents in order and calculating costs, expenses, and other financial details? When deadlines inch closer and closer, and you are not equipped with financial expertise, you want help, and you want it fast. There is nothing worse than being unprepared for the onslaught of tax returns and documentation that comes at the end of the year. For your preparation of financial statements in Calgary, you need the best of the best. Whether you have business needs, or require individualized assistance, highly qualified, professional accounting services can help you every step of the way. Fortunately, there are reputable services and staffers waiting to guide you through every step of the year-end process

Prep With The Best

With a professional accounting services company, you can rest assured knowing that the most highly-qualified and skilled experts are working with you and for you. These employees know how to sufficiently prepare and plan all of the aspects of annual bookkeeping, so they can provide top-performing assistance. With a wealth of knowledge, including expertise in the Canadian Income Tax Act and its obligations and regulations, businesses and individuals trust these professional accountants to handle all of their tax needs. With all of the required paperwork and actions, not to mention the national rules for filing taxes, things can seem overwhelming. Do yourself and everyone else a favor and trust the experts to walk you through every detail.

Trusted And Reliable Assistance

While dealing with the final preparations for tax filing is a concern for both people and businesses, there is also the financial planning that needs to go into next year. Reliable accountant specialists can work with you to develop a strategy that will guarantee a maximum investment return for you, as well as minimize added expenses and headaches. They have the trusted expertise you are looking for when handling the preparation of financial statements. With so much paperwork and documentation to locate, organize, and submit, why not depend on someone whose main focus is just that? Entrusting your financial statements with someone who has the certifications and appropriate training will help you secure your monetary assets and financial well-being. These benefits can set you on a path to financial stability for years to come.

Efficiency for Everyone

Finally, these accountants can be a wonderful advantage to anyone. Business owners use these professional services for all of their financial organizing tasks, such as keeping logs and records orderly and accurate. Individuals who employ these services for their particular financial circumstances no longer fret tax season, for they are armed with an experienced and qualified tax expert. It is about time that you enjoyed the ease, convenience, and reliability of such professionals.

Just as the name implies, a short term debt financing stands out as a financing form that involves a financial obligation a company has to fulfil in a shorter period of time when compared with regular financing options. In most situations we are talking about a maximum of 2 years, although 1 year financing is usually offered.

Many companies opt for short term debt financing because of the fact that they want to have more working capital available or it is possible to need more money as day-to-day operations need more cash. Cyclical operation conditions or companies that are faced with international trade need such financing in various situations.

According to Today’s Growth Consultant Reviews, there are 4 types of short term debt financing that you can consider:

• Overdrafts

This is basically an instant credit extension offered by the lending institution. As a company gets the overdraft agreement, it can transmit or draw down cash from the account beyond the balance that is available. Credit amount will always depend on overdraft limits that are negotiated with banks. In this case the advantage is that you will only take out as much as you need for the operation activity when it is necessary.

• Credit Letter

A credit letter is basically a letter that comes from the bank and guarantees payments towards sellers. Sellers are guaranteed that amounts will be received during credit period. In this situation the advantage is that the company is usually going to be offered a better overall credit term when dealing with a supplier.

• Short Term Loans

These are loans that have to be repaid in a short period of time, together with the associated interested. This is a loan that is not revolving and usually has a completely fixed repayment period. A company can use it in order to gain more liquidity as working capitals are lower or are necessary (for instance, for paying creditors or buying stocks).

• Exchange Bill

This document will bind a party to pay an amount of money at a fixed rate to the secondary party at a specific date. In most cases this is a bill that appears when dealing with international trade. Exporters can grant a credit for the importer for the goods shipped with an exchange bill for the amount.

Short Term Debt Financing Qualification

In order to receive such financing you do not need to think about formal qualifying criteria. Usually, the company needs to hold a stronger business case that supports business viability and owner capital. A supplier can offer a short term credit for the purchases in order to enhance competitiveness. The bank will offer overdrafts and short term loans in order to earn an interest and build client relationships. To put it simply, if the company is transparent in operations and financials, there is a strong possibility that such financing would be offered.

The key aspect for maintaining an excellent investment portfolio is investment analysis and monitoring. These processes are generally defined by the portfolio valuation service, which may also cater to fund managers, shareholders, limited partners, beneficiaries or holding companies.

All stakeholders are very demanding these days and they are constantly requesting for reports on the development of the portfolio companies. This often includes sporadic assessments and NAV (net asset value) calculations. When you are selecting a valuation service, you will have to check out their frequency of checking the NAV. Some services may offer monthly analysis, whereas others may offer quarterly or annual NAVs. There is an urgent need to identify the best valuation service because there are many services that may not give the desired reports in the manner that you need them. Independent and trusted analysis is the need of the hour these days—mainly in the corporate world. When you are investing your money in various companies through a fund manager, you will find that they can be biased in their valuation. In such instances, getting the valuation done by third-party services is really a good idea.

Monitoring the portfolio is always based on the analysis and evaluation of the different portfolio companies. There are two key aspects that a valuation service should look out for — the financial aspects and the soft factors. The financial aspects of the valuation are important, but the soft factors or the qualitative factors are also equally important. During monitoring or evaluation of the portfolio, you may have come across some very important terms such as the market environment, which generally comes under soft factors or the qualitative factors. When you sit face-to-face with the valuation service executive for the very first time, you will have to make sure that you are interested in the product.

Valuation and reporting go hand in hand, but there are different methods used for valuation and reporting. Look out for portfolio valuation services that provide your quarterly and annual reviews. They should also be providing you with summaries and overviews of evaluated companies. Valuations generally follow strict guidelines so that there is no ambiguity what so ever. Typically, the valuation follows the IPEV valuation guidelines. IPEV stands for International Private Equity and Venture Capital Valuation Guidelines. Some valuation services may also adhere to the AIFM Alternative Investment Fund Managers Directive guidelines. When the valuation firm adheres to the IPEV and the AIFM guidelines, the company will surely meet all independent valuation needs.

Since valuation is a very important process, selecting the right valuation company or individual is paramount. There are thousands of valuation companies and individuals, but all of them may not have the expertise and experience. For most valuation companies, efficiency and competitiveness go hand in hand. So, you will find that rates are very competitive these days. Valuation experts who have decades of experience in valuation are always preferred to do the valuation of your portfolio. Also, valuation experts who provide an entire gamut of valuation under one roof are always selected these days.

According to recent reports, India’s GDP grew up by 5% in the financial year, 2012-2013, which was the lowest since the last decade. It seems that the 2008 recession still looms large on the daily lives of the Indians. While the lawmakers are there to take larger and bigger decisions about the nation’s GDP, the common man can’t do much about macro-economic indicators. As we’re about to step into 2015, we need to organize our finances and revisit, learn and imbibe some timeless personal finance lessons from the maestro Warren Buffet so that we can overcome the financial shocks that may be in store for us in 2015.

1. Review 2014 before you start: Before taking any step, start off with a review of 2014. How did you fare? What points did you miss? Which financial tasks are still pending? Where did you commit some of the biggest blunders? Were all your investments on track? By evaluating your strengths and weaknesses that you’ve portrayed in 2014, you will easily be able to deduce the steps that you need to take to improve your finances. Write down everything in points so that you don’t forget anything while planning for 2015.

2. Create a frugal budget: Budgeting is a basic but important tool. When you know what you earned and where your money went, you can be aware of your current financial situation. Often times, when your expenses are high, a large part is accounted by all those unexpected and unplanned expenses like entertainment, eating out, coffee shop bills, which are difficult to control and restrain. So, you should first know the excess outgo and then analyse the spending habits so that you can limit each expense. Live within your means and check yourself whenever you see that you’re outdoing your budget.

3. Spend wisely and live thriftily: Warren Buffet says that if you buy things that you don’t need, soon you will find yourself sell things that you need. Most of us suffer from the urge to splurge and most often we justify our expenses using the pretext of special occasions, lifestyle, family emotions and even smart decisions. Most marketing companies understand this urge and they try to exploit by giving us offers on products. Unhealthy carbonated drinks are sold with promises of adventure, youthfulness and happiness. You may also take the example of EMI options on expensive smartphone. Little do they understand that through the EMI option, people tend to pay more in the long run.

4. Save money for the financial odds: Remember that someone is sitting under the shade today as someone planted a tree long time ago. All of us are aware of the fact that saving money is important to have a better future. But it is indeed an alarming fact to observe that most of us don’t even save enough money for the emergencies. This happens due to our extremely myopic view of our personal financial condition. Today, instant gratification matters more than saving for tomorrow. In fact, saving is considered as sacrifice by most people. Follow the “pay yourself first” principle. Set aside some money for your future.

5. Plan for the long term and be patient: No matter how great are your talents and effort, there are some things that just take time. Can you ever produce a baby in one month by getting nine women pregnant at the same time? Money is also a part of nature and it can’t grow overnight. However, we always overestimate money that we can make in a year and underestimate what we can make in 10 years. People should make money by staying invested for the long-term instead of dancing in and dancing out of the portfolios and changing them constantly. According to India’s growth, you can benefit only if you invest for long term and stop panicking for short-term fluctuations. Based on your risk appetite and financial goals, make a diversified portfolio. Pick right financial instruments recommended by your financial advisor.

6. Borrow within your limit: Remember that you can never become rich by living on borrowed money. Initially people think that borrowing is manageable and to later on repay the previous borrowings, they take out yet more loans like the debt consolidation loans. This is more like fighting-fire-with-fire approach towards debt reduction. Borrowing should never be done without an objective assessment of future cash flow and other financial needs. Have a solid plan to pay the debt back and not become its slave.

A debt-free life is indeed the best life. In spite of knowing this, there are many who hardly take the required steps to stay on the right track. If you’re not willing to spend a life immersed in debt, take into account the above mentioned financial tips by Warren Buffet.

Image Source: http://www.ft.com/cms/s/0/14460750-4835-11e3-a3ef-00144feabdc0.html

With the world leaning significantly towards all things tech, technology companies are seeing rapid growth by the minute. In 2013, the US witnessed bulk IPOs from the tech industry, a marked improvement since the temporary dip during the 2009-2010 recession.

Much has been written about who came out as clear winners amongst tech IPOs. But, if you pay less attention to the success stories of individual companies and take a step back, you’ll see how tech companies are taking over the bigger picture.

Out of the 222 companies that went public in 2013, 45 were tech companies.

That said, let’s take a look at why diverting your attention to tech IPOs can prove to be a good idea:

Tech Companies Are Storming The IPO Market

2015 Tech IPO Candidates

After Alibaba filed to go public in September 2014, the IPO market saw the technology industry chasing new horizons. The market is now bustling with news from a number of tech enterprises who are positive to go public soon. With leading companies like Palantir, Dropbox, Spotify, Cloudera, Good Technology, Airbnb, and Deem looking to go public in 2015, the technology industry will soon be making waves in the IPO market.

Tech IPOs Are The New Black

The growing need for cloud computing, database management, and software is helping companies build a strong client base. This, coupled with a fast-growing Internet, is sending technology concerns down the IPO road, expanding the market significantly. Add that to the growing dependency of other industries on the technology sector, and you have an exponential growth forecast for tech ventures.

A List Of Startups In The Top IPO List

A number of startups across the US and the rest of the world are rapidly climbing the industry ladder. Companies like Airbnb, Snapchat, and Square are slowly shedding their private skins and taking daring risks by entering the stock market. This can be beneficial to you, because these startups are valued at an average of $5 billion and tend to offer stocks at a relatively low rate.

Successful Tech IPOs In The Past

With Alibaba named the biggest initial public offering in the history of IPOs, the stock market has been showing a favorable inclination towards the tech industry. But, the Chinese e-commerce giant was not the only tech company to launch a grand opening.

Zendesk, a customer service software company, witnessed a swift shift from its initial share price of $9 to $20-$25 in no time. The IPO success story of Twitter is another that has been brewing a new wave of tech IPOs around the world. While all tech companies might not make history, it is pretty evident that tech giants like Alibaba, Twitter, and Facebook have set the ball in motion for technology-based enterprises. The success of these tech giants in the past is a clear indicator why you should pay more attention to existing and upcoming tech IPOs.

If you aren’t convinced yet,  consider this tidbit – if you had invested $1000 in the initial public offerings of Amazon, Ebay, Yahoo, Google, Linkedin, and Facebook, this is what you would have made by 2013.

Image Source – http://www.statista.com/chart/1602/internet-ipos/

Don’t miss out on making big bucks on potentially successful tech companies again. Pay close attention to the tech IPOs that are lined up in the near future, analyze the company’s growth, financials, and market strategy. And as always, invest wisely.