CRA Gets a “D”

Posted by & filed under Accounting Careers, Personal Tax.

Description: The Canadian Federation of Independent Business (CFIB) doesn’t think the Canada Revenue Agency (CRA) is doing a very good job responding to inquiries from its members. The federation has given the CRA a “D” grade, observing the tax agency takes too long to respond, and, when it does, businesses often get incomplete information. The… Read more »

AI: Not as Bad as Feared?

Posted by & filed under Accounting Careers.

Description: The robots may still be coming – coming for your job that is – they just aren’t coming as fast as expected, at least according to research carried out this past year by the federal government. Nonetheless, expectations are that 11% of jobs could be replaced by some form of artificial intelligence (AI) in… Read more »

4 Tips on Debt

Posted by & filed under Accounting Careers, Canadian Economy.

Description: With many out doing their Christmas shopping, fears of personal debt are often around the corner. The Toronto Star offered four tips to keep you out of trouble. Number one is decide what to spend, then cut that number in half. Date:  December 2, 2019 Source:  thestar.com   Link: https://www.thestar.com/business/2019/12/02/four-smart-ways-to-stay-out-of-debt-this-holiday-season.html Discussion points: 1) Have… Read more »

Whatever happened to the 8 Hour Workday?

Posted by & filed under Accounting Careers.

Description: When Henry Ford and others brought in the eight-hour work day, it seemed like a great deal for workers. But many knowledge workers would be happy to see their day stop when eight hours had been clocked. Freelance writer Lizzie Wade offers an interesting perspective in such an environment, questioning if a knowledge worker… Read more »

Google Bank?

Posted by & filed under Accounting Careers, Marketing & Strategy.

Description: In last week’s Wiley Accounting Weekly Updates you would have seen a story on the new Apple credit card. This week it’s Google hitting the news, with its announcement that it will be moving into chequing accounts. Google is adopting a strategy of putting its banking partners up front in this venture, differentiating it… Read more »

Amazon profits fall

Posted by & filed under Accounting Careers, Managerial Accounting.

Description: Amazon profits fell in the latest quarterly results. The decrease has come from Amazon’s efforts to deliver parcels even faster for its Prime customers. Looking for one day delivery to Amazon Prime members is causing problems for Amazon. An analyst said the average one day order is for only $8.32. The problem is it… 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 »

Hard times at exam centres

Posted by & filed under Accounting Careers.

Description: A tough exam is kind of what you are expecting if you are sitting down to write the CPA national examination to qualify to become an accountant. That’s why CPA students take-off weeks to study for this important career milestone. This year, however, the exam writers in some centres had additional challenges to overcome…. Read more »

We don’t want you to work here! What?

Posted by & filed under Accounting Careers.

Description: It’s always nice to be prepared for that job interview, whether you are talking about next summer’s internship, a part-time job during the school year, or looking ahead to life after graduation. This week’s article tells us of some fascinating methods executives are using to help figure out if you’re the employee they are… Read more »