Description: Some are calling Fitbit’s new offering a ‘not-so-smart watch.’ Unveiled at Las Vegas’s giant consumer electronics show earlier this month, and priced at $199, Fitbit’s new Blaze is being criticized for its lack of apps. Meanwhile with competitors like Samsung and Under Armour looking for breakthroughs, and Apple Watch version 2 on the horizon,… Read more »
Posts Categorized: Accounting Principles
Target’s creditors still waiting
Description: One year ago Target announced the end of its short-lived Canadian experiment and quickly exited the country. But landlords, suppliers and other creditors are still waiting to find out how much they might recover. Creditors could be waiting for months to hear the answer. Source: Globeandmail.com Date: January 14, 2016 Link: http://www.theglobeandmail.com/report-on-business/a-year-after-target-bolted-canada-creditors-still-face-uncertainty/article28199218/ Discussion Points:… Read more »
A new way to repay student loans
Description: Not liking the look of the climbing balance in your student loan? Wondering how you are ever going to repay that thing after you graduate and start working? Well, how about using a travel rewards program such as Aeroplan to help pay down that debt? Two provinces have already started such a program… Read more »
Tracking down the secret payments
Description: Grabbing much attention in the Ontario media in recent days has been the ongoing discussion about secret payments by the Ontario government to the province’s teachers’ unions. During negotiations, the government paid approximately $3.7 million to the unions to cover various administrative costs associated with the negotiations. This week a legislative committee in Ontario… Read more »
Big banks cut costs
Description: TD Bank, CIBC, the National Bank and the Bank of Nova Scotia, all representatives of a highly profitable Canadian banking sector, all appear to be in a cost-cutting mode. One of TD’s moves will be to shrink its branch footprint through amalgamations and closures of branches. But TD is also proposing shrinking the actual… Read more »
A sweet story
Description: It’s spring. The sap is flowing. And the world’s largest maple syrup producer, the Province of Quebec, is facing increased competition from American competitors. Whereas Quebec once controlled 80% of the market through its tight supply management system, it is predicted that by 2018, that figure could drop to 63%. Source: Globeandmail.com Date: April… Read more »
Art auction surprises Christies
Description: Two anonymous 19th century Canadian paintings sold last Wednesday in London for a lot price of close to $1 million. This was over a dozen times Christie’s original estimate of what the lot might attract. A representative of Christies auctioneers was obviously “thrilled.” Source: Globeandmail.com Date: April 1, 2015 Link: http://www.theglobeandmail.com/arts/art-and-architecture/paintings-netting-nearly-1-million-set-new-benchmark-in-canadian-art-sales/article23757063= Discussion Points: 1)… Read more »
More on the Target exit
Description: Documents requested by Target Canada’s suppliers indicate that the retailer began considering winding down in Canada early last fall. Target contacted its Canadian law firm in September to look at various “strategic options.” Target’s suppliers are upset as they believe that Target should have begun reducing orders of inventory – rather than increasing them… Read more »
Disappointment on Target
Description: Target began its liquidation of inventory in its Canadian stores this past week. And it seems that in some respects the retailer which disappointed Canadians is continuing to disappoint in its exit from the country. Empty shelves and slim discounts were on the minds of shoppers. One shopper told the Globe and Mail that… Read more »
Holstein hero
Description: Rosafe Signet is sort of a household name in Cuba, but he is barely known in his Canadian home. This prize Holstein bull is the father of much of Cuba’s dairy herd. Now, with President Obama’s warming of relations towards Cuba, and the actions of a determined Vancouver attorney named Carey Linde fronting the… 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