Description: Ontario has 90 craft beer makers. Although they control only 5% of the market, these small brewers provide 30% of the employment in the industry. You would think that encouraging this market segment would be something the government would want to do. But the Beer Store, an effective monopoly controlled by 3 large foreign owned… Read more »
Posts By: Brent White
Canadian companies; US politics
Description: Following a 2010 US Supreme Court decision, Canadian companies have joined with their US counterparts, directing funds towards lobbying and political financing. Large organizations such as Power Corp, RBC, Encana and Barrick Gold have entered the field. The Shareholders Association for Research & Education (SHARE) has raised some serious questions of accountability regarding this political… Read more »
Are Insurers Prepared?
Description: The Ceres’s Insurer Climate Risk Disclosure Survey has shown that insurers are not properly prepared for the risks and opportunities that accompany climate change. Storm frequency and intensity is on the upswing. But the survey, covering over 300 companies and roughly 90% of the insurance premiums in the United States, shows that many insurers are not… Read more »
One million and counting
Description: In just three days since it became available, Apple’s new mobile payment technology, Apple Pay, has hit one million activations. This means Apple is already number one in these mobile payment systems. In fact, the one million activations puts Apple ahead of all other providers combined. Meanwhile, Apple appears to be striking back at two major… Read more »
Benevolent cheating?
Description: It sounds like an oxymoron: benevolent cheating. The Globe and Mail’s Leadership Lab series discussed this intriguing concept, a form of cheating in which “well-intentioned employees” game the system. Its effects are far greater than the more sensational greed-based cheating that is more likely to draw the headlines. Source: Globe and Mail.com Date: October… Read more »
Twitter switches gears
Description: Twitter was once known for fighting with outside developers to ensure that it controlled the experience on its micro-blog. But now, Twitter has opened up a variety of tools to software developers, even if they aren’t Twitter users. The market does not appear to have embraced Twitter’s new strategy to diversify its business. Source:… Read more »
Listening to the AG
Description: One thing that emerged from reflection following the tragedy on Parliament Hill was an observation that the Auditor General of Canada had recommended changes to Parliamentary security in a 2012 report. The Auditor General had recommended one united security force for Parliament, but this, and other, recommendations had not been implemented yet. In… Read more »
Garment factories fail inspections
Description: When a garment factory collapsed in Bangladesh in April 2013, calls rang out for change. Yet recent inspections of 1,100 Bangladeshi garment factories found safety hazards in them all. In approximately 20 factories, the inspections revealed conditions severe enough to provoke immediate closure. Source: Industry Week.com Date: October 14, 2014 Link: http://www.industryweek.com/safety/retailers-find-80000-safety-hazards-bangladesh-factories Questions for… Read more »
University budget questions
Description: In August, 2014, the Ontario government signed goal-setting agreements with the province’s 44 post-secondary institutions. This process was supposed to be step number one in changing the way the institutions are funded. Concerns are being expressed on how demographics and changes to funding may impact individual universities. Source: Globe and Mail.com Date: October 11,… Read more »
Google ad revenue misses target
Description: It’s big. Real big; Big like $16.52 billion. And it’s up 20% from last year. But Google’s third quarter advertising revenue failed to meet analysts expectations, while its key metric of cost-per-click continued a downward trend. Source: Globe and Mail.com Date: October 16, 2014 Link: http://www.theglobeandmail.com/report-on-business/international-business/us-business/googles-profit-slips-misses-estimates/article21131630/ Questions for Discussion: 1) So what exactly are… 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