BlackBerry takeover offer buys company time

Posted by & filed under Accounting Careers, Canadian Economy, Corporate Restructuring, Financial Accounting, Managerial Accounting, Marketing & Strategy.

Fairfax Financial-led consortium offering $9 US for each BlackBerry share Fairfax Financial chairman and CEO Prem Watsa speaks at the company’s annual general meeting in Toronto in April 2013. A takeover is necessary to give battered BlackBerry the time it needs to get itself back in order, company watchers say. On Monday, BlackBerry said a consortium… Read more »

China Offers Opportunities and Challenges for Canadian Companies

Posted by & filed under Accounting Careers, Canadian Economy, International Accounting, International Business Operations, Marketing & Strategy.

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 »

Canada ranked among top 5 best places to start business

Posted by & filed under Canadian Economy.

Ernst & Young report says climate for entrepreneurs improving Fostering Entrepreneurship:  Click to  Listen to the audio Click to view the  CBC Video on the Canadian Business Entrepreneurship Barometer Canadian Business Climate: Canada’s climate for entrepreneurs is improving, with management consulting firm Ernst & Young ranking Canada among the top five places in the world… Read more »

PepsiCo follows Coca-Cola with custom drink machines

Posted by & filed under Corporate Restructuring, Marketing & Strategy.

Marketing Strategy     Coke vs. Pepsi   PepsiCo says it plans to start testing a new fountain machine at restaurants that lets people create a variety of flavor combinations, such as strawberry Mountain Dew. The test follows Coca-Cola’s introduction in 2009 of its Freestyle machine, which also lets customers touch a screen to pick from a… Read more »

Why intangible assets are as important as bricks and mortar

Posted by & filed under Accounting Careers, Accounting Principles, Financial Accounting, Intermediate Accounting.

Managing your intangible assets can make your business more successful Coca-Cola Secret Formula Coca-Cola is bottled at nearly 300 plants around the world, where the soft drink is manufactured, packaged, merchandised and distributed. These third-party bottlers ship Coke to the company’s customers — grocery stores, restaurants, street vendors, convenience stores, movie theatres and amusement parks… Read more »

Canadian’s firm used in huge Russian tax scandal, plus How the Rich hide their money!

Posted by & filed under Auditing, Corporate Restructuring, Corporate Social Responsibility, Fraud Accounting, International Accounting, Taxation, Taxation & Planning, Uncategorized.

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 »

Highlights from the 2013 federal budget

Posted by & filed under Canadian Economy.

Federal Finance Minister Jim Flaherty tabled his 2013 budget Thursday. Here is a look at some of the highlights: Click to view Video :  Federal Budget  Federal Finance Minister Mr. Jim Flaherty         Highlights $900 million in new spending, no new taxes or tax cuts $400 million in revenue from closed tax… Read more »