Description: For 2017, the first time since 2011, combined sales of CDs and vinyl albums outpaced digital downloads of music. Meanwhile, music streaming services such as Spotify continue to grow, and in 2017 streaming accounted for roughly 2/3 of industry revenues. Vinyl, at only $400 million or so of an industry close to $9 billion,… Read more »
Posts Categorized: Cost Accounting
Suits for Slow Apples
Description: Here come the lawsuits! Plus the government investigations. Apple is facing heat for slowing down old models of its popular phones in order to extend battery life. Apple has responded by promising new batteries for phone owners, though users are reporting Apple stores are running out of the replacement units. Date: January 31, 2018… Read more »
Costing election promises
Description: Critics and citizens alike have long decried the lofty election promises politicians make during election campaigns. But now the Liberal government of the tiny Canadian province of New Brunswick appears to be trying to change this dynamic by proposing a law requiring political parties to cost their election platforms. Violators would be punished by… Read more »
Loving that office space
Description: Chandeliers in the washroom. A trendy coffee bar down the hall. These are some of the pleasant features in Nicola Morgan’s co-working space where desk rentals begin at $125 per month. It’s a growing and attractive option for professionals and others. Date: November 24, 2016 Source: theglobeandmail.com Link: http://www.theglobeandmail.com/life/home-and-garden/design/co-working-spaces-cater-to-the-specific-needs-of-self-employedworkers/article33006049/ Discussion Points: 1) This article… Read more »
Facebook Workplace
Description: Facebook has built a huge business on its advertising based social media platform. But now, after a year of testing, Facebook is offering a new platform called Workplace to compete with the Startup company Slack. Workplace – like Slack – will combine various productivity technologies like e-mail and newsletters. Workplace will be sold to… Read more »
Full disclosure; still waiting
Description: Canadian banks have improved their disclosures since the financial crisis. But these improvements may not have gone far enough. For instance, many investors may know that bankers have lobbied our federal government concerning its attention to transaction fees on credit cards. Yet, because of the banks’ disclosure practices, many of these same investors would… Read more »
Twitter switches gears
Description: Twitter was once known for fighting with outside developers to ensure that it controlled the experience on its micro-blog. But now, Twitter has opened up a variety of tools to software developers, even if they aren’t Twitter users. The market does not appear to have embraced Twitter’s new strategy to diversify its business. Source:… Read more »
Garment factories fail inspections
Description: When a garment factory collapsed in Bangladesh in April 2013, calls rang out for change. Yet recent inspections of 1,100 Bangladeshi garment factories found safety hazards in them all. In approximately 20 factories, the inspections revealed conditions severe enough to provoke immediate closure. Source: Industry Week.com Date: October 14, 2014 Link: http://www.industryweek.com/safety/retailers-find-80000-safety-hazards-bangladesh-factories Questions for… Read more »
Google ad revenue misses target
Description: It’s big. Real big; Big like $16.52 billion. And it’s up 20% from last year. But Google’s third quarter advertising revenue failed to meet analysts expectations, while its key metric of cost-per-click continued a downward trend. Source: Globe and Mail.com Date: October 16, 2014 Link: http://www.theglobeandmail.com/report-on-business/international-business/us-business/googles-profit-slips-misses-estimates/article21131630/ Questions for Discussion: 1) So what exactly are… Read more »
Sorry – can’t tell you what that cost
Description: I once had a boss who said one of the problems with a government he worked for was the weakness of its cost accounting systems. I was reminded of that once again this past week when I read about our federal government not disclosing the cost for reorganizing Elections Canada. The stated reasons for… Read more »
Canadian Accounting Products
- Accounting Principles Seventh Canadian Edition
- Intermediate Accounting Eleventh Canadian Edition
- Financial Accounting: Tools for Business Decision-Making, 7th Canadian Edition
- Understanding Financial Accounting, Canadian Edition
- Managerial Accounting: Tools for Business Decision-Making, 3rd Canadian Edition
- Cost Management: Measuring, Monitoring, and Motivating Performance, Canadian Edition
- Auditing: A Practical Approach Second Canadian Edition
- Auditing: A Practical Approach Extended Canadian Edition
- Advanced Accounting, Canadian Edition
- Accounting for Managers, Canadian Edition
