GM Strike Over?

Posted by & filed under Managerial Accounting.

Description: GM and the striking United Auto Workers seem to have reached a deal, ending the first strike against GM in over ten years. Financial analysts have estimated that the strike has cost GM roughly $2 billion. Getting the workers to ratify the agreements may prove challenging, with many of them upset that the automaker… Read more »

Building Batteries

Posted by & filed under Sustainable Development.

Description: Lead – and lots of it – is still a big part of the battery business, particularly when it comes to batteries for motor vehicles. Lead batteries could also be a big component for the energy storage market as we head toward green sources of energy. The problem though is that lead and various… Read more »

Big Bucks for Listing

Posted by & filed under Corporate Strategy, Ethics.

Description: Amazon is giving toymakers favourable promotion for the upcoming Christmas sales season – if they are prepared to pay up to $ 2 million. There’s nothing illegal about charging the toy manufacturers a fee for their place in the sun. But some have commented that the practice is not clearly disclosed to consumers. They… Read more »

Unnecessary Tasks

Posted by & filed under Managerial Accounting.

Description: According to Inc.com, over 50% of the average worker’s workday is chewed up by 3 unnecessary tasks. You might be able to guess a couple of them quite easily: emails you don’t really need to do your job and those “no value added” meetings. The third time waster actually happens outside the workplace as… Read more »

Still cleaning up

Posted by & filed under Accounting Principles, Accounting Theory.

Description: Greenpeace is still out there cleaning up beaches as part of its annual survey of Canadian litter leaders. Once again, Tim Hortons and Nestle are leading – if one can call it that – the race as the top plastic polluter. Perhaps not surprisingly, Starbucks, McDonalds, and Coca-Cola are in the top five as… Read more »

Gap shrinking

Posted by & filed under Accounting Careers.

Description: The male-female wage gap is shrinking, with a new Statistics Canada study indicating that females are earning about thirteen percent less than males on average. The research shows more women entering higher paying occupations in the last twenty years, such as those in business and finance. Associate Professor Margaret Yap of Ryerson University noted… Read more »

Maybe the jobs are disappearing

Posted by & filed under Accounting Careers.

Description: Out there in the job market, we may have to be keeping our eyes on the robots and AI. It looks like the service sector jobs in areas including banking may be being replaced by electronic workers. The financial industry has been pouring $150 billion a year into artificial intelligence, clearing out jobs at… Read more »

Tough times, no savings

Posted by & filed under Canadian Economy, Contemporary Business Issues.

Description: Over one third of Canadians have no retirement savings. And over one half of our citizens are living paycheque to paycheque. These are the rather dismal findings of a recent poll. As well, one third cannot pay off their credit cards each month, an indicator of financial pressures on Canadian households. Date:  September 30,… Read more »

Regulator woes

Posted by & filed under Ethics.

Description: Alberta Auditor General Doug Wylie and Alberta’s Ethics Commissioner Marguerite Trussler both issued reports this week on the activities of the former CEO of the province’s energy regulator. The ex-CEO, Jim Ellis, was alleged to have “grossly mismanaged” the affairs of the regulator by using a third-party organization he established to sell Alberta expertise… Read more »

Climate March

Posted by & filed under Student life, Sustainable Development.

Description: At the Ottawa climate march Friday, they said the crowds were larger than those on Canada Day. In cities across Canada and around the world, students left classes to join in climate marches to protest the direction the world is headed in this era of climate change. Swedish activist Greta Thunberg has been inspiring… Read more »