“As those who engaged in arbitraging globalization prospered, those anchored to local markets grew increasingly marginalized.” Sir Robin Niblett -Distinguished Fellow and former Director and Chief Executive, Chatham House (2007–2022)Foreign Affairs, 30 Mar. 2021 The business models of our largest firms have evolved quickly to adapt to changing technologies, and exploit arbitrage in wages. Small … Read more
Canada’s largest CPA firms have undergone a paradigm shift in the last decade. One estimate suggests that 80% of our top 10 firms now have a ‘dedicated offshore pod’ in India or the Philippines. What’s more, these same experts suggest that 70% of the staff for a typical Vancouver public company audit work from one … Read more
In 2015 the Big 4 accounting firms employed about 75,000 staff in low-cost delivery centres (i.e. India, Philippines, Poland, Argentina, etc.). By 2025 that had increased to a headcount of more than 285,000. According to Microsoft’s CoPilot AI service: “A typical audit file for a Vancouver-listed issuer might be staffed 30 % in Canada, 50 … Read more
According to Market Research firm Mordor Intelligence:“The accounting software market is experiencing significant growth. As of 2024, the market size is estimated to be around 27.6 billion dollars and is projected to reach 42.9 billion by 2029.” So what does that mean for Canada’s small businesses? We went to the CODAT GUIDE TO THE ACCOUNTING … Read more
My colleague Randolph does an admirable job of narrating the content for most of these blog posts. Randolph doesn’t really exist. But I have attached a photograph of him to help with the illusion. You could see him as an ‘imaginary friend’ that I met somewhere in the metaverse – which doesn’t exist either (except … Read more
Microsoft’s CoPilot Service is revolutionizing internet search. A few days ago, I got an email from BUSINESS INSIDER about an article which purported to detail Microsoft’s struggles with Copilot. The title was: Inside Microsoft’s struggles with Copilot According to the article “Customers are dissatisfied, rivals are circling, and company insiders are skeptical: a BI exclusive.” … Read more
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
CONSPIRACY THEORIES AROUND ARTIFICIAL INTELLIGENCE My wife bumped into a tradesman in the gas station who’d done some work for us on a renovation before the pandemic. During the pandemic like most of us, he got a little weird. While he and my wife were in line paying for their gas, he began spouting his … Read more