Microsoft’s upcoming operating system, the successor to XP, isn’t out yet but it has still managed to be cracked (in a sense). Vista will be out Jan. 30, 2007 to consumers, earlier for Microsoft’s preferred big business clients. With Windows Vista only just going “gold” … the first cracked versions have already hit the pirate […]

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The Big Four audit firms — Deloitte, Ernst & Young, Price­wa­ter­house­C­oopers, and KPMG — along with the number five and six firms — BDO and Grant Thornton — have joined forces to call for signif­icant changes to the way public companies report their results. They propose businesses report realtime financial data via the Internet, rather […]

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The Ontario Securities Commission has launched a probe of Research In Motion’s stock option practices. An OSC spokesperson said the review was launched in early October, which is not long after the company announced it would have to restate past finan­cials because of its options accounting. Another tech company is having diffi­culties with their options […]

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It’s all the rage these days on accounting blogs — value-based pricing. You’ll see it every­where, hip accoun­tants (Who’s a hipper accountant than one who blogs? One who blogs about value pricing!) posting missives decrying the historical basis of hourly billing and extolling the virtues of pricing based on value. What value pricing means to them, […]

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The Canadian Federal government announced on Halloween that income trusts will now be subject to income tax of 34% in line with corporate income taxes in the country. You might remember that many corpo­ra­tions were converting or consid­ering conversion to income trusts to take advantage of the flow-through nature of the structure recently. I argued […]

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