Amazon profits fall

Posted by & filed under Accounting Careers, Managerial Accounting.

Description: Amazon profits fell in the latest quarterly results. The decrease has come from Amazon’s efforts to deliver parcels even faster for its Prime customers. Looking for one day delivery to Amazon Prime members is causing problems for Amazon. An analyst said the average one day order is for only $8.32. The problem is it… Read more »

GM Strike Over?

Posted by & filed under Managerial Accounting.

Description: GM and the striking United Auto Workers seem to have reached a deal, ending the first strike against GM in over ten years. Financial analysts have estimated that the strike has cost GM roughly $2 billion. Getting the workers to ratify the agreements may prove challenging, with many of them upset that the automaker… Read more »

Unnecessary Tasks

Posted by & filed under Managerial Accounting.

Description: According to Inc.com, over 50% of the average worker’s workday is chewed up by 3 unnecessary tasks. You might be able to guess a couple of them quite easily: emails you don’t really need to do your job and those “no value added” meetings. The third time waster actually happens outside the workplace as… Read more »

Quit Looking

Posted by & filed under Managerial Accounting, Student life.

Description: If you wanted one of those Beyond Meat sandwiches from Tim Horton’s, quit looking, unless you live in Ontario or BC. The coffee chain said the product had been offered as a market test. Significant uptake in Ontario and BC has prompted management to keep Beyond Meat in those two jurisdictions while pulling it… Read more »

Going DEEP

Posted by & filed under Canadian governments, Managerial Accounting, Sustainable Development.

Description:   Deep Earth Energy Production Corp. (DEEP) is going deep. The company is the driving force behind a 3.5 km deep well to be drilled in Estevan Saskatchewan. The well will generate geothermal energy from underground steam, providing a source of green power to the Western province. Funnily enough, DEEP’s deep well source was discovered… Read more »

Out of stock!

Posted by & filed under Accounting Careers, Managerial Accounting.

Description:  How did this happen? So, you’ve probably heard that marijuana has been legalized and there are now a variety of ways to buy it, depending on where you live. But in New Brunswick, where the government has chosen a Crown corporation model, at least 12 of the roughly twenty Cannabis NB stores were shut… Read more »

5G Pressure

Posted by & filed under Accounting Principles, Managerial Accounting.

Description:  In Canada right now there are about 33,000 cellphone towers. That may seem like a lot, but with telecommunications providers moving towards 5G networks, estimates have it that Canada will need over 270,000 so-called small cells in the next few years. These devices, about the size of a briefcase, are intended for placement in… Read more »

No time for education

Posted by & filed under Managerial Accounting.

Description:  A report this week in the Toronto Star discussed the disturbing findings of a survey showing that principals don’t have time to dedicate to improving education. It appears that too much time is eaten up by the day-to-day management of buildings and other administrative tasks. According to the Star, Annie Kidder of the group People… Read more »

Election Day; Beer Price Up, Then Down

Posted by & filed under Contemporary Business Issues, Managerial Accounting.

Description:  it was Election Day in  New Brunswick Monday. And along with all the confusing election results, NB Liquor, the provincial Crown corporation that sells alcoholic products, made the news by raising beer prices for a few hours that same day – then lowering them when someone caught on.The price of some popular 24 packs… Read more »

Nike boosts Colin Kaepernick

Posted by & filed under Managerial Accounting, Marketing & Strategy.

Description:  This past week saw the start of the NFL season. It also saw Nike jumping into the middle of the storm surrounding quarterback Colin Kaepernick by including him as the central figure in a new advertising campaign. Colin Kaepernick has been  a figure of some controversy, given his practice of not standing for the national… Read more »