Air Miles reduction

Posted by & filed under Accounting Principles, Corporate Social Responsibility.

Description: Many consumers carry that little blue Air Miles card in their wallets, racking up points at retail stop, gas stations and service providers. But  Air Miles has reduced the redemption value of the points bank for some vacations, causing angst with Air Miles collectors. Allison Peters decided to book a trip to Mexico, only… Read more »

Trash that tech

Posted by & filed under Corporate Social Responsibility.

Description: No headphone jack on the new iPhone 7 and  wireless earbuds –  that seemed to be catching most of the attention with Apple’s latest release of its mega-product. It’s probably not exactly what Apple was hoping consumers would  focus on with its latest product launch. But some are saying the iPhone is showing signs… Read more »

MEC changes gears

Posted by & filed under Contemporary Business Issues, Corporate Governance, Corporate Social Responsibility.

Description: Mountain Equipment Co-op, better known perhaps by its signature letters MEC, is a much admired Canadian co-operative. Members can still join for simply putting down $5 for a share. But recently some members have been concerned that MEC seems to be shifting its governance profile to be more corporate like, meaning that some members… Read more »

The big 80

Posted by & filed under Accounting Careers, Corporate Social Responsibility, Taxation.

Description: The charitable organization Oxfam released a report last week, adding another voice to the chorus of those raising alarm bells on rising global inequality. Oxfam’s report says that the richest 80 people in the world own as much as the 3.5 billion humans at the bottom of the economic scale. Oxfam calls for a… Read more »

Big banks busted

Posted by & filed under Advanced Accounting, Contemporary Business Issues, Corporate Governance, Corporate Social Responsibility.

Description: Following on the heels of the Libor scandal (in which banks were found out for manipulating short term interest rates), on Wednesday documents disclosed that six large banks were fined $4.3  billion (yes, that’s billion with a “B”) for manipulating the foreign exchange market. Additional fines and  civil suits could keep this nasty story… 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 »

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 »