Uncle Vanya’s Somewhat Familiar Logo

Posted by & filed under Accounting Principles, International Business Operations.

Description: Western businesses have been pulling out of Russia as a signal of displeasure about the invasion of Ukraine. Fast food giant McDonalds has been among those joining the protest with its announcement that its 850 locations in Russia would close. The response by the Russians was perhaps a bit unexpected, with one politician announcing… Read more »

Role Model

Posted by & filed under Accounting Careers, International Business Operations.

Description: Janet De Silva is the CEO of the Toronto Region Board of Trade. She recently offered several key observations about her career path and success. One particular piece of advice that stands out is don’t pretend you are an expert when you take on an overseas assignment. Date: March 5, 2017 Source: theglobeandmail.com Link: http://www.theglobeandmail.com/report-on-business/careers/management/janet-de-silva-one-thing-that-has-enabled-me-to-succeed-in-business-is-not-pretending-im-the-expert/article34201870/… Read more »

Dow hits record

Posted by & filed under International Business Operations.

Description: On Wednesday, January 25, 2017, the Dow Jones Index busted through the 20,000 barrier for the first time ever. In March of 2009, the financial crisis drove the index to 6,440. But growth has been consistent for several years and the election of Donald Trump seems to have boosted investor confidence. Date: January 25,… Read more »

Will Apple face America First pressure?

Posted by & filed under International Business Operations, Public Finance, Taxation.

Description: Donald Trump has put pressure on US automakers to keep manufacturing jobs in America. But what about Apple? The wealthy computer maker doesn’t actually make its devices in the United States. Globe and Mail columnist Eric Reguly points out that many of Apple’s products owe a debt to government funded technological advances, so perhaps… Read more »

Canada’s export edge

Posted by & filed under Accounting Careers, International Business Operations.

Description: A December 2015 report from the Conference Board of Canada discusses Canada’s growth potential in the expanding world market for services. Information processing and professional services are a couple of the key areas offering opportunities in this global marketplace. The report notes that one of the important strategic moves that will help fuel growth… Read more »

Europe and deflation

Posted by & filed under Accounting Theory, International Business Operations.

Description: In December, Europe officially entered the deflationary zone, with a 0.2 per cent drop in the consumer price index. The European Central Bank is being pressured to respond to this situation. A deflationary environment, if it persists, can be very damaging if people begin to expect a future of declining prices. Source: Globe and… Read more »

Bitcoin: Be prepared for the rise of digital currency

Posted by & filed under Advanced Accounting, Canadian Economy, Currency, International Business Operations.

One bitcoin is worth $720 Cdn Each day, Lorne Lantz buys his lunch with bitcoin. Some say the burgeoning digital currency has no real value — but his sandwiches say otherwise. Cryptocurrency? Bitcoins and other “cryptocurrency” have started to rise from the fringes of the internet to the cusp of mainstream use — a remarkable… Read more »