ACCOUNTING SYSTEMS FOR SMALL BUSINESS IN CANADA

ACCOUNTING SYSTEMS FOR SMALL BUSINESS IN CANADA How Enhancements to Information Technology Have Impacted Accounting Systems for Small Business in Canada There is no doubt that improvements in information technologies have brought with them a great deal of change to the way we live our lives. Think smartphones, NetFlix™, Spotify™, and remote work. As a … Read more

INCREASING IMPORTANCE OF SELF-EMPLOYMENT AMONG OLDER WORKERS

“Among Canadians, the rate of self-employment—that is, the number of self-employed workers as a share of total employment—has been relatively stable, hovering around 15% over the last decade. However, when we focus on the core-age group (those aged 40 and older), interesting patterns emerge: Overall Self-Employment Rate:In 2018, approximately 2.9 million Canadians were self-employed, up … Read more

INCREASING PROTECTIONISM IN THE WORKFORCE

While our American neighbors to the South would like to paint themselves as free traders, in fact, they are the probably world’s most successful protectionists. After two rounds of free trade deals in the last 30 years or so, we’ve lost a huge amount of manufacturing and processing jobs – most notably in softwood lumber … Read more

UNDERSTANDING THE SEISMIC SHIFTS IN CANADA’S ECONOMIC LANDSCAPE

Five short decades ago, the economic landscape in Canada and the world was vastly different. Five decades before that farming was the dominant occupation, and Canada was primarily rural. In this overview, we’ll look at the accounting occupation in Canada and how it has changed during the last five decades and try and understand some … Read more

PRODUCT MARKET FIT IN THE ACCOUNTING OCCUPATION

Audit and management consulting work are largely irrelevant for the smaller 99% of firms that dominate the sector. Auditing has been declining in importance since the US public markets started shrinking since their heyday in the mid to late 1990s. Today private equity is the most common way for early-stage companies to scale their operations. … Read more

THE TENUOUS LINK BETWEEN PRODUCTIVITY AND HIGHER EDUCATION

Higher Education Lobbyists Line Up for Handouts In September 2019, Oxford University in the UK published an article by Gwilym Croucher linking productivity and higher education: “Universities and colleges now demand a greater proportion of public and private resources and form a larger part of the economic life of most countries. Higher education contributes to … Read more

HOW CANADIAN COLLEGES ARE MEETING GROWTH TARGETS IN THE FACE OF CHANGING DEMOGRAPHICS

Bloatware in Canadian Colleges – YouTube.com Despite their assertions about developing critical thinking skills in graduates or protecting the public interest, our education industry seems to have succumbed to a sales culture and growth at-all-costs model more in keeping with private sector businesses than quasi-public organizations. Canadian demographics have shifted in a big way over … Read more

Bloated Professional Curricula

Are Colleges + Professional Bodies Guilty of Match Fixing? According to a report released by Statistics Canada on November 30 of 2022: “Recent immigrants made up nearly half of the growth in the share of Canadians with a bachelor’s degree or higher. However, some immigrants’ talents remain underutilized, as over one-quarter of all immigrants with … Read more

WordPress.com vs WordPress.org

WordPress.com vs WordPress.org WordPress.com and WordPress.org are two distinct platforms associated with the WordPress content management system (CMS). Each platform serves different purposes and offers varying levels of control and customization. Let’s explore the differences between WordPress.com and WordPress.org: WordPress.com:WordPress.com is a hosting service that provides a platform for individuals and businesses to create and … Read more

PILGRIMAGE TO THE HOLY LAND

PILGRIMAGE TO THE HOLY LAND (HUNTING FOR UNICORNS – PART 3) Government bureaucrats and high-tech CEOs from around the world make their bi-annual pilgrimage to Silicon Valley – DALL-E Image Creator As we’ve seen earlier, many factors probably contribute to a ‘healthy’ startup ecosystem. This article delves deeper into the private equity firms that fund … Read more