March | 2014 | Wiley Accounting Updates

BlackBerry CEO John Chen on his turnaround strategy

Posted 11:54 pm by Gerry La Rocca & filed under Accounting Careers, Corporate Restructuring.

Steep drop in Revenue BlackBerry reported a steep drop in revenue and a widening loss as sales of its smartphones continue to slide. The smartphone maker says it lost $423 million US in the fourth quarter of fiscal 2014, as revenue for the three-month period fell to $976 million — a 64 per cent decline… Read more »

Where is Google going next?

Posted 11:59 pm by Gerry La Rocca & filed under Corporate Restructuring, Corporate Social Responsibility, Marketing & Strategy.

Watch the following video Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising things. Click on Where… Read more »

Bank customer’s lawsuit raises questions about fraud liability

Posted 10:30 pm by Gerry La Rocca & filed under Financial Accounting, Fraud.

$80K fraud case highlights caveats and conditions giving banks a backdoor for liability Security of online credit cards in question The case of an Ontario man who was charged more than $80,000 on his credit card for purchases he claims he didn’t make is raising new questions about the security of online and credit card transactions and whether banks are shifting liability for… Read more »

Tweed a new kind of Business!

Posted 11:23 pm by Gerry La Rocca & filed under Accounting Principles, Advanced Accounting, Canadian Economy, Financial Accounting.

From Chocolate to What! Feb 18, 2014 — When Hershey’s had a plant in Smiths Falls, Ontario, you could smell chocolate from miles away. But not a single chocolate bar has rolled off the line since the plant closed in 2008, one of six employers to leave the town at the same time. Now, Smiths Falls,… Read more »

Tim Hortons plans 800 more restaurants

Posted 11:11 pm by Gerry La Rocca & filed under Accounting Careers, Advanced Accounting, Financial Accounting, Franchise.

Increase in Tim Hortons Franchises Tim Hortons has laid out an ambitious plan to add 800 more franchise outlets by 2018, the latest shot in an escalating war to stay on top of the quick breakfast and coffee market. The TSX-listed company said Tuesday it will add as many as 300 new locations in… Read more »