Call Us Today! 1.250.598.6871|sam.weller@shaw.ca

Blog

The Financial Information Citizens Want!

 

The District of Metchosin B.C., a rural community of 5,000 people just outside Victoria, is proud of having relatively low residential taxes and no debt. But are these the only things citizens should look at when evaluating the finances of the municipality? “No,” said Councilor Moralea Milne, chair of the finance committee: “this is not just about tax levels; citizens want to know about the whole financial picture.”

She asked Sam Weller of Broadwell Services, financial adviser to the District to produce a financial profile of the municipality to summarize where the municipality is at financially. “Only by having a clear idea of where we stand now, can we plan for a financially sustainable future”

The municipal financial profile was developed to answer some of the basic questions that citizens have […]

By |January 23rd, 2015|Uncategorized|0 Comments

Accounting Comes Alive – December Newsletter

The Accounting Comes Alive in Canada newsletter is a monthly publication that informs graduates of “Colour Accounting” workshops of opportunities, tips and news related to the understanding of accounting and financial statements.

The December 2014 newsletter can be downloaded here.

ACA Canada newsletter December 2014

If you would like to be on the mailing list to receive the newsletter regularly, please sign up here

By |January 4th, 2015|Uncategorized|0 Comments

Accounting Comes Alive in Canada – September Newsletter

The Accounting Comes Alive in Canada newsletter is a monthly publication that informs graduates of “Colour Accounting” workshops of opportunities, tips and news related to the understanding of accounting and financial statements.

The September 2014 newsletter can be downloaded here. ACA Canada newletter Sptember 2014. If you would like to be on the mailing list to receive the newsletter regularly, please email sam weller

 

By |September 13th, 2014|Uncategorized|0 Comments

Accounting Comes Alive for Songhees First Nation

“I see the financial statements; but I have no idea what they mean!” How often have we heard that refrain? First Nations have very complex financial statements according to Chartered Accountant, Sam Weller, of Accounting Comes Alive: “The full statements are often 60-100 pages. On top of the normal taxation and service functions of a local government, there are often community assets like housing, business activities and grant administration programs. Even trained finance professionals need to spend considerable time and brainpower to decipher the documents.”
Songhees First Nation CFO, Genny Bolyos had been charged with leading the Nation through the FNFMB certification process and had a dilemma. She needed to have a qualified audit committee made up of financially literate band members and although she had volunteers; they did not […]

By |August 22nd, 2014|Accounting Comes Alive|0 Comments