Saturday, November 25, 2017

RISE to the Top; SAF is 1st in Accounting

RISE Competition

By: Carrie Gilmour

Wednesday, November 22, 2017

Alan Macnaughton receives Lifetime Contribution Award

Alan Mcnaughton
November 21, 2017
By: Patty Mah

SAF Tax Professor, Alan Macnaughton was awarded a Lifetime Contribution Award from the Canadian Tax Foundation (CTF) at its annual conference in Toronto. This highly prestigious award celebrates individuals who have distinguished themselves through their contributions and dedication to the Canadian Tax Foundation.

Friday, November 17, 2017

Earnings Smoothing: Does It Exacerbate or Constrain Stock Price Crash Risk?

SAF professors Changling Chen and Jeong-Bon Kim had their research highlighted in the "Industry Trends, Research and Commentary" section of the CFA Institute's Selections publication.

"Do managers smooth earnings to inform investors about a corporation’s long-run performance, or to hide bad news for their own opportunistic purposes? SAF authors conclude that bad news hiding is the underlying incentive of earnings smoothing for managers of these weakly monitored firms." 

Summary of the paper:

Thursday, November 16, 2017

Co-op Connection

Qhalisa Khan's Blog

I am fortunate enough to be studying at one of the top co-op universities in the world- I can’t stress enough how important it is to get a feel of the ‘real world’, of what life will be after university and how this helps you really figure out what you want.

Saturday, November 11, 2017

Pitching to Harvard; Landing at 2nd

Talha Siddiqui, 4B AFM, Raj Patel, 4B AFM, Thinisha Gunasekera, 4B AFM and Uday Sandhu, 4A AFM

By: Carrie Gilmour

Soon to be SAF graduates travelled to Cambridge Massachusetts last week for their last stock pitch competition before embarking on their professional careers.

Tuesday, October 10, 2017

University of Waterloo Student Venture Fund

Fall 2017 Student Venture Fund

By: Carrie Gilmour​

Waterloo Region is Canada’s top innovation hub. It is home to the second highest density of start-ups in the world after Silicon Valley, and is a top 25 innovation ecosystem in the world (Startup Compass 2015).

Friday, September 29, 2017

Stan Laiken, Professor Emeritus granted Honorary CPA

Stanley N. Laiken, BA, MBA, PhD - Professor Emeritus
by Patty Mah

Professor emeritus, Stanley Laiken was granted Honorary Membership at the Annual Meeting of CPA Ontario. For more than four decades, Laiken, affectionately known as uncle Stan by students and colleagues, provided distinguished service to the accounting profession as an educator specifically in the area of taxation.

Tuesday, September 26, 2017

SAF faculty joined investment industry elite at Finance Forum

Frank Maeba, Alan Huang, Chanling Chen

By: Carrie Gilmour

More than 300 financial investment professionals travelled and convened at the annual Finance & Investment Forum in Toronto. Discussions at the Forum were focused on the Canadian investment climate, financial technology and innovation, real estate investment bottlenecks and opportunities, capital globalization and configuration. Representatives attended the ‘Fortune Forum’, chaired by President of the Canadian Alumni Association, and Professor for the School of Accounting and Finance (SAF), Changling Chen.

Friday, September 22, 2017

Best in the world; where are they now?

2016 CFA Research Institute Challenge Winners

By Carrie Gilmour 

It’s been a year since School of Accounting and Finance (SAF) students took the world stage by storm at the CFA Institute Research Challenge and a lot has changed in that short period of time.

In 2016 five students from the SAF (l-r), Kamaljot Dhaliwal, Daniel Zhang, Brent Small, Rudder Zhang and Adnan Khan, used their diverse co-op and program backgrounds to beat out over 1,000 teams from 70 countries to become the World Champions in a business valuation competition.

The team spent months preparing to present and defend detailed equities research report on a publicly traded company to a panel of industry experts. The SAF team advanced through several rounds over eight months to reach the Global Finals in Chicago, where they competed against University of Georgia, Ateneo de Manila University, and Politecnico di Milano, to capture the championship and a $10,000 prize.

So where are they now?

Brent Small, an Accounting and Financial Management (BAFM 2017) graduate was appointed as the CEO in winter 2017 for the SAF Student Investment Fund, managing a team of 30 students with $250K in assets under management. He is currently working as an Investment Analyst at Polar Asset Management Partners in Toronto.

I landed my dream job right out of school. I couldn't imagine a better job or workplace, and this is due in no small part to my experience at SAF.

Tuesday, September 19, 2017

Team Epoch pitched for $1M global Hult Prize

Team EPOCH at the 8th Annual Hunt Prize and Awards Gala
by Patty Mah

This past weekend, six finalist teams in the 2017 global Hult Prize pitched social enterprise solutions to the refugee crisis as part of the 8th Annual Hult Prize and Awards Gala event at the United Nations (UN) Headquarters in New York. This year's Hult Prize Global Finals served as the official opening event for the 2017 United Nations Global Goals Week for the UNGA.