You’ll get asked to do all sorts of things in your first year. And most of the time you won’t know what you’re doing, or how to follow through. Don’t worry, because every answer in accounting usually comes from two places – the handbook or the tax act. Yeah, it sucks looking things up in a handbook and most of the tax act is legal jibberish. But unfortunately, that’s where the answers are.
You can definitely cheat, and use other resources like sedar, other files around the office, a quick google search or even wikipedia (I don’t recommend this). Though If you choose this route, you’ll be doing yourself a disservice. If you took the time instead, to look for answers where they originate (income tax act, excise tax act, bankruptcy and insolvency act, mining act, CICA handbook, EIC’s, accounting guideliens etc.) followed by citing them in your response, you’ll show the “higher-ups” that you have initiative. And consequently, your recommendations/answers/research will project a higher level of professionalism, which can only boost your credibility.