Canada Revenue Agency is reviewing your tax return to ensure that you have claimed the appropriate deductions. Your tax preparer is communicating with them and providing them with the information that CRA is requesting.
Accounting for work in progress and job costing can affect your monthly income statements in many different ways.
If you are experiencing large swings in gross profit margins and profitability, you may need some help in accounting for your work in progress. Work in progress is the capture of costs and matching those costs with the revenues that are generated by those costs.
This can be done in several different ways, either on a percentage of completion basis or on a final completion basis.