MBA vs. CA – which is better?

Here’s an interesting article that discusses why an MBA is better than a CA. The article is from India but I think a lot of it is transferrable to Canada. Not that I agree with the author in any way – in fact, she is completely and utterly wrong in every available aspect. Her mainContinue reading “MBA vs. CA – which is better?”

Novell investigating its options grants

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 ofContinue reading “Novell investigating its options grants”

First options backdating investigation initiated by SEC

Brocade Communications Systems has become the first company to be formally investigated by the SEC regarding the recent options backdating issue. According to the SEC’s complaint document, which names three former executives of the company as plaintiffs, from 2000 through 2004 the company inflated net income by understating their options-related expense through fraudulent schemes toContinue reading “First options backdating investigation initiated by SEC”

Now that’s a severance package!

Departing Senior VP and General Counsel Timothy Stevens of Borland Software has worked a deal whereby he gets to keep the “Company-issued laptop computer, monitor, printer and docking station used by Executive prior to the Separation Date together with the related loaded software, accessories and power cords.” If I left my firm I wouldn’t wantContinue reading “Now that’s a severance package!”

SEC looking into auditors in options backdating investigation

The SEC has announced it’s going to be including companies’ external auditors in their investigation into options timing abuses commonly known as backdating. Authorities were said to be looking at what auditors knew about company manipulation of options’ grant dates and exercise prices to boost their value to executives who got them. About 30 companiesContinue reading “SEC looking into auditors in options backdating investigation”