Entries from March 2007 ↓

City budget indecipherable to ordinary citizens

March 30th, 2007 · 4 Comments

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-be […]

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Category: Toronto
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Budget move likely to discourage global expansion

March 25th, 2007 · 1 Comment

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, but […]

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Category: Taxation
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Auditor, noun: an accountant with a grudge

March 23rd, 2007 · 5 Comments

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 counting the […]

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Category: Profession
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Mind maps made productive for public accountants

March 20th, 2007 · 2 Comments

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 web apps that […]

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Category: Web
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Microsoft plunges into social networks with accounting and finance site

March 14th, 2007 · 2 Comments

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 but […]

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Category: Web
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