SR&ED ACADEMY

Filing & Navigating CRA

Summary: Your Audit IQ

Were You Thinking Like an Auditor?

Great work finishing the quiz!

If you missed a few, that’s totally normal — this quiz was designed to help you think like a CRA auditor.

Each question points to a key part of the SR&ED process, so if something tripped you up, take a few minutes to review that section before moving on.

Here’s what to do next:

Review what you missed. Go back to previous lessons that relate to the questions you found challenging. You’ll see how each principle connects to real audit situations — and how to get your documentation and reports audit-ready.
Make sure your team is on the same page. Remember, SR&ED isn’t just your accountant’s job. CRA might talk to your engineers, developers, or project managers too. Make sure everyone who worked on your claim understands the basics — and invite them to take this quiz!
Download the handout. Grab your copy of Inside the Auditor’s Mind — it’s a quick reference to what CRA looks for, common red flags, and how to keep your claim consistent and credible. Keep it handy when you prepare your next claim.
SR&ED – Inside Auditors Mind.pdf

Pro tip
When CRA asks a question, answer like a scientist, not a salesperson. Focus on what you tried, what failed, and what you learned, rather than trying to ‘sell’ them on your project.

NEXT STEPS

Let’s move on to a short discussion of how SR&ED can be an important part of your growth strategy (and how to make it part of your business systems).

NEXT: SR&ED & Your Growth Strategy