Description: Friday, November 10, was International Accounting Day. For a discipline that is used to operating out of the limelight, this is one day of the year that focuses on what exactly it is that accountants do. Accounting can be traced back thousands of years to the ancient civilization of Mesopotamia. International Accounting Day comes… Read more »
Posts Categorized: International Accounting
What’s trending today in Accounting & Finance?
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 »
China Offers Opportunities and Challenges for Canadian Companies
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 »
Canadian’s firm used in huge Russian tax scandal, plus How the Rich hide their money!
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 »
Facebook Fiasco: The Stock Is 50% Below Its IPO Price Again
Facebook’s IPO price: $38 per share A little while back facebook’s IPO (Initial Public Offering) would take the financial community by storm. The stock would certainly rise to double its Initial Public Offering. This is the reason investors crave to have the opportunity to purchase an IPO. After four months of paperwork, hype and speculation,… Read more »
The accounting profession welcomes the tabling of the bill creating the Ordre des CPA du Québec
Montreal, March 28, 2012 – Today, Jean-Marc Fournier, Minister of Justice and Minister responsible for the application of professional legislation, tabled Bill 61, Chartered Professional Accountants Act, that will constitute the Ordre des comptables professionnels agréés (CPA) du Québec. The CA Order, the CGA Order and the CMA Order welcomed the news. Another milestone in… Read more »
Accounting Standards for Private Enterprises (ASPE) or (IFRS)
Canadian Private Enterprises will soon need to make a choice Canadian publicly accountable enterprises will be required to use International Financial Reporting Standards (IFRS) for fiscal years beginning January 1, 2011. What about Canadian private companies? Canadian Private companies will have an option to adopt one of the two following sets of standards: International Financial… Read more »
Restructuring GM: Government Bailout a Success!
General Motors started trading on the Toronto Stock Exchange on Thursday, a day after its IPO raised US$20 billion. From a starting price of US$33 a share it rose as high as $35.95 in intraday trading before settling at $34.01. It closed at $34.19 on the New York Stock Exchange, a gain of 3.61% in… Read more »
Crime proceeds crackdown looms
Big banks may face penalties The law requires large banks to list the ways in which they are exposed to possible money laundering and to assess that risk. Earlier this year, funding for the money-laundering watchdog, the federal Financial Transactions and Reports Analysis Centre of Canada, or FINTRAC, was increased by $8 million. On July… Read more »
Risky Medicine for Hospital Financing
In a last-minute change to the financial reforms bill, Congress allowed Wall Street to continue to sell interest-rate swaps directly, rather than isolating these derivatives in separate units. The thinking behind this move is that the interest-rate securities are benign, or at least less dangerous than credit default swaps, which the legislation requires banks to… 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