City budget indecipherable to ordinary citizens

Toronto released their budget this week and other than the usual tax hikes for property owners, this interesting post on Eye Daily about the gibberish and jargon of a city budget. It lists the specialized terms the budget contains to describe its expenditures and revenues, and the list is incomprehensible, even to me, a soon-to-beContinue reading “City budget indecipherable to ordinary citizens”

Budget move likely to discourage global expansion

Yesterday’s Globe and Mail: The federal Finance Department is acknowledging it could reap a bonanza of additional tax revenue from a controversial budget move to scrap the deductibility of interest that companies incur to fund foreign operations. I’m trying to understand the logic here but I can’t. I know this is money leaving the country,Continue reading “Budget move likely to discourage global expansion”

Auditor, noun: an accountant with a grudge

From Lickspittle Shite-a-bed comes this very funny “history” of auditors, including this gem: Stocktaking is a strange version of foreplay perculiar to auditors. The audit pack will arrive at an industrial premises at 6am in the morning and demand to know how many widgets they have. The auditors will then spend many happy hours countingContinue reading “Auditor, noun: an accountant with a grudge”

Mind maps made productive for public accountants

I’m a huge fan of visualizing things. Things like data. Data is fun, sure, but not as fun as a data visualization. Pictures are worth a thousand words, and pretty pictures have gotta be worth at least 1,001. What’s helping me visualize data these days? Mind maps. That’s because there are two really cool webContinue reading “Mind maps made productive for public accountants”

Microsoft plunges into social networks with accounting and finance site

This is probably the type of thing I should be blogging about. The phrase “right in my wheelhouse” comes to mind. The intersection of several of my favourite things: accounting, technology, and social networks. Microsoft has announced a new “community” around Dynamics Live specifically for accounting and finance professionals. The site isn’t named yet butContinue reading “Microsoft plunges into social networks with accounting and finance site”