In late March I talked about the Canadian Federal budget, which had been recently released, and how it included a measure to prevent companies from deducting interest on debt incurred to fund foreign operations. I couldn’t understand the logic of the move. It seemed strange for a conservative government normally known to be friendly toContinue reading “Canadian government backs down on controversial budget move”
Monthly Archives: May 2007
Grant Thornton UK merges with RSM Robson Rhodes
Although they’re possibly (likely?) completely unrelated, the recent announcement in the UK that Grant Thornton would merge with RSM Robson Rhodes comes hot on the heels of the announcement in Canada that BDO Dunwoody and Grant Thornton here would enter into discussions on the possibility of merging. The partners of Grant Thornton UK LLP andContinue reading “Grant Thornton UK merges with RSM Robson Rhodes”
Hollinger audit committee had “no finance experts”
The Conrad Black trial has been good theatre, and the latest coming out of Chicago doesn’t disappoint. Testifying at the trial of former Hollinger chairman Conrad Black, a former member of the company’s audit committee has testified that it kept watch over company finances for four years without any financial experts. Economist Marie-Josee Kravis, satContinue reading “Hollinger audit committee had “no finance experts””
Alberta kiboshes plan for single Canadian securities regulator
So much for mobile, accessible capital for growing Canadian businesses… Alberta Premier Ed Stelmach poured cold water yesterday on federal Finance Minister Jim Flaherty’s push for a nationwide securities regulator, saying he has no interest in moving beyond an alternative system provinces have set up. He said he’s content to stick with the “passport system”Continue reading “Alberta kiboshes plan for single Canadian securities regulator”
Facebook vs. LinkedIn for accounting professionals
Which nascent social network does it better for work-related connections? Facebook is a social utility that connects people with friends and others who work, study and live around them. LinkedIn is an online network of experienced professionals from around the world, representing 130 industries. By their own definitions, these two utilities target slightly different typesContinue reading “Facebook vs. LinkedIn for accounting professionals”