Author Archives: Jenny Okonkwo

About Jenny Okonkwo

A MESSAGE TO VICE PRESIDENTS IN FINANCE You know how you are continuously frustrated with trying to balance external compliance requirements with supporting the business internally? I solve this. I do this by using my natural talent for detecting and eliminating waste, duplication, inefficiencies. Documenting procedures, streamlining business processes to help define and clarify roles and responsibilities. Automating manual outdated systems, designing and implementing new ways of working, analysing business data to improve decision making. I help companies develop and improve the internal controls over their financial reporting by assisting in the delivery of Sarbanes Oxley (SOX 404) readiness programs. This allows focus to be placed on compliance and knowing that internal business is taken care of, helping to minimize financial risk to maximize commercial opportunity. Even though I am an accountant by trade, I’ll always be a problem solver at heart, which is shown here. I’m always looking for a new problem to solve, so if you’ve got a doozy you need a hand with, feel free to contact me directly at 647 838 9606 or drop me a line at jenny@transform-consulting.ca I have also helped local business entrepreneurs and sole proprietors prepare their voluntary disclosure applications, computerize their manual accounting systems, remove their record-keeping backlogs, automate their processes using both cloud based and desktop accounting solutions, prepare their personal and corporate tax returns. Join my LinkedIn Group now to brainstorm and collaborate from any of these perspectives. Connect with me on Twitter and Linkedin.

Does a small business really need help from an accountant to file their tax return?

By Jenny Okonkwo Last Updated: March 10, 2015 Arguments against (“Waste of Money”) •User-friendly software packages widely available •Cost-saving self-sufficiency imperative in a small business •Little perceived added value •Ultimate responsibility remains with the business owner •.. AND OTHERS Arguments … Continue reading

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How Connected Are You to Your Personal Brand Statement?

Written by Jenny Okonkwo As professionals we are all empowered (and perhaps constrained!) by adherence to our core personal values. Of course the transition into an independent consultant provides an opportunity to fully embed those values into personal branding. But … Continue reading

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10 Things to know when preparing your tax return

By Tim Cestnick I came across this article which gives useful advice and tips to help you prepare your return: http://www.theglobeandmail.com/globe-investor/personal-finance/tax-matters/10-things-to-know-when-preparing-your-tax-return/article2393523/ The one difference of opinion I have with the author is the comment expressed in Tip No 5 recommending … Continue reading

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6 Stress Busting Tips for Self Employed Business Owners

Written by Jenny Okonkwo For many small businesses, the income tax filing process is an overly complicated, time consuming process due to the following reasons: Poor Record Keeping What cannot be supported or proved, gets added back to taxable income. … Continue reading

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12 ways to ensure no buy-in to the annual budget process

Written by Jenny Okonkwo Treat it as a ‘Finance only’ chore performed once a year, purely to keep Group / Head office (located elsewhere) happy Unilaterally agree how marketing and promotional spend should be treated in the financial statements Don’t … Continue reading

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