Asset impairment and writedown leads to blogging abyss

I don’t often bother my readers with tidbits from my personal life unless it somehow converges with my professional life and I feel that it could be of some interest to others. I’m a big accounting geek, and as such I have a personal balance sheet in my head, where I employ some questionable accountingContinue reading “Asset impairment and writedown leads to blogging abyss”

Are small-caps better served by mid-size firms?

A little late, but a blog post at CFO.com about the level of service a small-cap public company can expect to receive from a Big Four auditor compared to a mid-size firm seemed interesting enough to share: CFO.com reader Kunal Ganguly wrote us to say a company of Catapult’s size, with its $102 million marketContinue reading “Are small-caps better served by mid-size firms?”

IFRS and principles too weak to work?

Al Rosen, in the second of a three part series in the Financial Post about the transition from Canadian GAAP to IFRS: IFRS is too weak in its current form for investors to accept on par with current Canadian standards. Nonetheless, we are on course to implement IFRS in just three years. He quotes andContinue reading “IFRS and principles too weak to work?”

Staff retention at midsize firms charts new waters

An article in WebCPA talks about the steps midsize firms in particular are taking to ensure their young people stay put: More midsized firms are starting to address this issue by paying attention to what younger people need to stay engaged. Some are including younger staff members in more significant firm decisions through advisory boards;Continue reading “Staff retention at midsize firms charts new waters”

Facebook as the intranet

When I first heard about the company using Facebook as their intranet, I wasn’t sure what to think. Serena Software is really replacing its existing intranet with Facebook as a front end linked to a low-cost content management system behind the firewall. The firm is just over 800 employees but is still globally based (operationsContinue reading “Facebook as the intranet”