Description: This past week the Province of New Brunswick released its financial statements, claiming that its deficit was lower than projected. The big problem though was that the Auditor General, Kim MacPherson, gave the Province a qualified audit opinion for the way it accounted for its so-called shared risk pension funds. And. in somewhat of… Read more »
Posts By: Brent White
A taxing situation
Description: The details of the tax situation are scant. But it appears negotiations have broken down between the federal Department of Justice and giant accounting firm KPMG regarding a tax haven program KPMG marketed to at least 25 wealthy Canadians. The KPMG plan appears to have offered their clients tax haven protection in the Isle of… Read more »
Paper flyers keep on flying
Description: The digital world has had a deep impact on media such as movies, television, music and magazines. But for some reason, the much-maligned paper advertising flyer seems to be doing just fine. “Customers love their flyers,” said retail executive David Thorpe in a recent Globe and Mail. Apparently 98% of Canadians examine a flyer at least… Read more »
Debits left, Credits right; Debits left, Credits right
Description: Teachers often repeat that just as the students learn from them, they often learn things from the students. This is often true, it seems, when it comes to technology, where our students often have the jump on their professors in knowing the latest and greatest of those tools. This week, I experienced this when… Read more »
VW in trouble
Description: Much of the business news this week was dominated by the discovery of Volkswagen’s attempt to rig the test of emission standards. The story continued to spread throughout the week. VW’s stock price dropped. The VW president resigned. Some have even discussed the impact on Germany as a national brand repesenting engineering excellence. Source:… Read more »
What’s app doc?
Description: You could call it social media for physicians, or as the Globe and Mail called it, Instagram for doctors. But for a patient in rural Louisiana, Figure 1 Inc, a Canadian startup, could be called a leg saver. By sharing images on Figure 1, doctors were able to spot that the ulcer on the… Read more »
The state of Canadians’ finances
Description: With interest rates so low for so long, consumers in Canada have been loading up on debt. Debt to disposable income rates in Canada hit close to 165% this year, indicating consumers are adding to their debt loads faster than incomes are rising. At least part of the problem can be attributed to a… Read more »
Paper? What paper?
Description: Can it still be called a newspaper if you don’t print it on paper anymore? Well, La Presse, a French language newspaper with a history of over 130 years in publication, will be switching to a digital version only (with the exception of Saturdays) beginning in 2016. Over the last 10 years, the… Read more »
Lazaridis donates big to WLU
Description: Wilfred Laurier University of Waterloo, Ontario has named its business school after Blackberry co-founder Mike Lazaridis. Mr. Lazaridis has had a long association with the University of Waterloo, but he has made a pledge of $20 million to Laurier for funding an institute offering technology management skills. The government of Ontario has joined in… Read more »
Cage free please!
Description: McDonald’s uses about 120 million eggs each year in Canada and about 2 billion in the United States. The restaurant chain has announced that intends to shift its procurement to cage-free eggs, though it may take as long as ten years for the company to reach the goal. Cage-free eggs command a premium in… Read more »
Burnley Understanding Financial Accounting, 3rd Canadian Edition
Kimmel Financial Accounting, 8th Canadian Edition
Weygandt Accounting Principles, 9th Canadian Edition
Kimmel Survey of Accounting, 2nd Edition
Kieso Intermediate Accounting, 13th Canadian Edition
Weygandt Managerial Accounting, 6th Canadian Edition
Farmer Cost Accounting, 1st Edition
Savage Accounting Information Systems, 1st Edition