Apple has informed investors that due to the ongoing investigation into their options backdating problems, they may be removed from the Nasdaq’s special “Global Select Market.” How select, you may ask? Well, a mere 1/3 of companies listed on the Nasdaq are privileged enough to make the cut. Wait, was that a typo? One-third of companies […]
Entries from February 2007 ↓
Apple’s “select” listing on the Nasdaq in jeopardy
February 6th, 2007 · 1 Comment
Category: Accounting
Tags: Activision, Apple, backdating, Governance, IT, Nasdaq, options, Steve Jobs
Congratulations from my Member of Parliament
February 5th, 2007 · 4 Comments
When you pass the UFE, your partners, managers and co-workers line up to congratulate you on your success. In my case, fellow bloggers joined in the chorus. On top of all this, your Member of Parliament sends you a certificate like the one pictured here. It’s nice to keep getting things that can be framed, […]
Category: Profession
Tags: CA, MP, Parliament, Peggy Nash, politician, UFE
Exxon Mobil’s profits and taxes: both records
February 4th, 2007 · 2 Comments
Exxon Mobil announced recently the highest annual profits by a US corporation in history. Reaction was predictable — the US Congress was littered with outraged politicians calling for a windfall profits tax. But that would be wrong, and the Tax Foundation can explain why much better than I: While they were recording record profits last year, […]
Category: Taxation
Tags: company, corporate tax, energy, ExxonMobil, income tax, oil, revenue
Canadian audit overseer reports problems and solutions
February 3rd, 2007 · 1 Comment
The Canadian audit oversight body, the Canadian Public Accountability Board, announced Friday that last year they deregistered a small firm in Vancouver (which has since gone out of business) and prevented three other small firms from accepting new client due to deficiencies in their audits discovered upon inspection. My initial thought was, these small firms […]
Category: Auditing
Tags: accounting firm, audit, CPAB, oversight, restatement
TTC">TransitCamp set to improve the TTC
February 1st, 2007 · No Comments
A group of Toronto bloggers are getting together this weekend for the TTC TransitCamp to brainstorm ways to improve the TTC’s absolutely horrid website. When I first heard about it a few days ago, my first impulse was to try to get involved. Then I realized, there are probably many more Torontonians with much more […]

