Going Private

Posted by & filed under Accounting Principles, Corporate Restructuring.

Description: It appears that the owners of the Canadian arm of Sirius XM radio are planning to take the company private. This means that the US bsed company Sirius  XM Holdings Inc and several major Canadian investors will have to acquire the shares that are publicly held, estimated at over 30 percent of over 100… Read more »

Where is Google going next?

Posted by & filed under Corporate Restructuring, Corporate Social Responsibility, Marketing & Strategy.

Watch the following video Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising things. Click on Where… Read more »

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 »

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 »

PepsiCo follows Coca-Cola with custom drink machines

Posted by & filed under Corporate Restructuring, Marketing & Strategy.

Marketing Strategy     Coke vs. Pepsi   PepsiCo says it plans to start testing a new fountain machine at restaurants that lets people create a variety of flavor combinations, such as strawberry Mountain Dew. The test follows Coca-Cola’s introduction in 2009 of its Freestyle machine, which also lets customers touch a screen to pick from a… Read more »

Canadian’s firm used in huge Russian tax scandal, plus How the Rich hide their money!

Posted by & filed under Auditing, Corporate Restructuring, Corporate Social Responsibility, Fraud Accounting, International Accounting, Taxation, Taxation & Planning, Uncategorized.

Caribbean agency helped set up offshore companies connected to $230M scam It’s a tale with the cloak-and-dagger intrigue of a Hollywood thriller: a $230-million heist, corrupt Russian police and government officials, prison beatings, a dead lawyer, Kafkaesque trials and a diplomatic spat between international superpowers. And now, for the first time, secret files obtained exclusively… Read more »

Canada falling behind on women on corporate boards

Posted by & filed under Accounting Careers, Corporate Restructuring.

  Canada is falling behind other countries When it comes to putting women on corporate boards, according to a report by TD Economics. While participation in the labour force has increased significantly for women, that change has yet to be reflected at the top of Canada’s largest companies, according to the report. Women represent just… Read more »