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Canada Pension Plan (CPP) Definition.



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The Canada Pension Plan (CPP) is a federal government-sponsored retirement savings and income security plan. It was created in 1966 and is currently managed by the Canada Pension Plan Investment Board (CPPIB). The CPP provides retirement, disability, and survivor benefits to eligible Canadian workers and their families. The CPP is funded by contributions from Canadian … Read more

What is the accounting cycle?



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An accounting cycle is the period of time established for each fiscal year that serves to divide the phases or stages of business accounting. The objective of an accounting cycle is none other than to detect the health of a company to find out if the financial and equity data are met. Phases and stages … Read more