CPA

Michael W. McAllister, CPA is a sole practitioner providing client-focused management advisory, accounting, and taxation services in Cobourg... Successful business owners are experts in their field and have a "can-do" attitude. Many are also extremely savvy in most, if not all areas of their business, including the financial side. Others, while possessing the same attributes, struggle with managing the financial aspects of their business. This struggle distracts them from growing their business to its full potential... Bookkeeping is the process of classifying and recording the day-to-day transactions of a business. It's the gathering of all the sales, expenses, and other receipts and collating them into the correct buckets. Accounting starts with bookkeeping as its fundamental first step, then goes beyond by summarizing, reporting, and interpreting the bookkeeping results into actionable information that can be used by owners to drive profit and growth in their business.