Accounting

Jason Pereira closes his five-part financial statements series with Part 5, on how passive income is taxed inside a corporation. He explains the 2018 rule change that raises corporate tax once aggregate investment income passes $50,000, and how mechanisms like RDTOH refund tax when income is paid out personally.

Part 4 of Jason Pereira's financial statements series focuses on cash management and working capital, the lifeblood of a business. He explains how net working capital is calculated, what it signals about operational efficiency, and how receivable payment terms affect how quickly sales become cash.

In Part 3 of his solo series on financial statements, Jason Pereira turns to accounting ratios. Listeners will hear how measures like the operating cash flow ratio, interest coverage ratio, and gross margin track a business's solvency, profitability, and efficiency over time and against other firms.

The financial statements series continues as Jason Pereira devotes Part 2 to the cash flow statement. He explains why this report is worth producing even though tax filings do not require it, what cash flow from investing activities reveals, and how liability duration affects working capital needs.

Part 1 of Jason Pereira's five-part solo series on financial statements basics. This opener maps out income statements, balance sheets, cash flow statements, and ratios, and explains terms like capital cost allowance and EBITDA and why they matter when reading a company's numbers.