It was my first day back to work today after passing the UFE on Friday, and I have to say it was pretty much like last Thursday. New client, but one I was at last year around this time. I can’t say as I felt more competent than last week, although inside I felt more […]

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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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A press release by the Canadian Federal government: The Honourable Jim Flaherty, Minister of Finance, will be a guest speaker at the Canadian Institute of Chartered Accoun­tants Tax Symposium on Monday, October 16, 2006. Minister Flaherty will discuss the steps Canada’s New Government is taking to reduce the tax burden and create a more compet­itive tax […]

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Two terms, “spring-loading” and “bullet-dodging” have reminded me of the tendency in business to put a positive spin on negative practices. Spring-loading refers to the practice of granting options immedi­ately before releasing good news that will likely increase the stock price, resulting in options that are not in the money techni­cally when granted, but are, […]

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Another tech company has announced it is conducting internal inves­ti­ga­tions into their options grant practices. This time it is Novell, a company known for its NetWare network operating system and more recently as a Linux company. Novell said its audit committee began the inves­ti­gation because of news about irreg­u­lar­ities in the way that dozens of […]

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