Corporate tax evasion ‘crackdown’ more bark than bite

Posted by & filed under Accounting Careers, Canadian Economy, Corporate Restructuring, Corporate Social Responsibility, Fraud, Fraud Accounting, Taxation, Taxation & Planning.

Global efforts to stop companies from eroding tax base by moving profits offshore have no teeth, experts say Tax Evasion Tactics In December 2012, demonstrators led a country-wide protest against Starbucks over the coffee chain’s tax evasion tactics. A Reuters investigation found that through the magic of profit shifting, the company had avoided paying any… Read more »

With Great Data Comes Great Responsibility

Posted by & filed under Accounting Careers, Fraud Accounting, Intermediate Accounting.

The risk of data to the forensic accountant & client The forensic accounting profession is ever changing and evolving. White collar criminals are finding new ways to commit fraud, and litigation matters are becoming more and more complex. In order to meet the needs of clients, forensic accountants are learning new skills and using new… Read more »

Google stock breaks $1,000 barrier

Posted by & filed under Accounting Careers, Advanced Accounting, Financial Accounting.

Google stock breaks $1,000 barrier Strong third-quarter results have sent Google’s stock past the $1,000 US mark for the first time. Shortly after the markets opened Friday, Google Inc. shares jumped more than 12 per cent to $1,007.40 US in heavy trading before edging back down to $1,000 later in the morning.  The Nasdaq-listed stock… Read more »

What does an Integrated Report look like?

Posted by & filed under Accounting Careers, Financial Reporting and Analysis.

Integrated Reporting One of the distinguishing features of Integrated Reporting is that in contrast to compliance based reporting, there can  be no model report – every report must be built around  the unique business model of the preparer.  The typical Annual Report: The typical Annual Report includes the Financial Statements, Corporate Responsibility , The Management… Read more »

What’s trending today in Accounting & Finance?

Posted by & filed under Accounting Careers, Canadian Economy, Corporate Social Responsibility, CPA, Financial Accounting, Fraud, IFRS, International Accounting, Taxation.

These are dynamic days for the profession and opportunities abound. Here’s everything you’ve ever wanted to know about best bets for jobs About six years ago Cathy Logue, an accountant by trade, and her two business partners launched Ambit Search in Toronto. The boutique executive recruiting firm is focused exclusively on filling finance and accounting… Read more »

BlackBerry takeover offer buys company time

Posted by & filed under Accounting Careers, Canadian Economy, Corporate Restructuring, Financial Accounting, Managerial Accounting, Marketing & Strategy.

Fairfax Financial-led consortium offering $9 US for each BlackBerry share Fairfax Financial chairman and CEO Prem Watsa speaks at the company’s annual general meeting in Toronto in April 2013. A takeover is necessary to give battered BlackBerry the time it needs to get itself back in order, company watchers say. On Monday, BlackBerry said a consortium… Read more »

China Offers Opportunities and Challenges for Canadian Companies

Posted by & filed under Accounting Careers, Canadian Economy, International Accounting, International Business Operations, Marketing & Strategy.

International Business Opportunities in China: A new survey by the Asia Pacific Foundation (APF) of Canada highlights the opportunities and challenges Canadian companies face while doing business in China.   APF Canada, a Vancouver-based non-profit think tank on Canada-Asia relations, launched the survey examining how Canadian companies perform in the world’s most populous country as… Read more »