News

Authors Kenneth Klassen (pictured) and Nick Pantaleo explore the pressure on the CRA to raise more tax revenues, as well as assess the efficiency of the audit process and the fairness of results.

Incentives to increase assessments were amplified by recent funding for the CRA that carries an expectation that additional tax revenues of $5 will be collected for each $1 spent, a “return” that is much higher than in the past. As well, these additional tax revenues are explicitly linked to closing the “tax gap,” the CRA’s measure of  how much tax revenue theoretically exists versus how much is actually paid voluntarily.

Environmental, social, and governance (“ESG”) scores have been widely touted as indicators of share price resilience during the COVID-19 humanitarian crisis. We undertake extensive analyses to investigate this claim and present robust evidence that, once the firm’s industry affiliation and accounting- and market-based measures of risk have been properly controlled for, ESG scores offer no such positive explanatory power for returns during COVID-19.

The COVID-19 pandemic has transformed many workplaces from bustling offices with shared work spaces to remote, telecommuting networks. Employees around the world now find themselves working in isolation away from the familiarity of their colleagues and their workplace. This unplanned, but profound, shift in job design can have detrimental effects on employee engagement.

Philanthropy is an incredibly personal decision and Sheilaah Guthrie, the Associate Director of Advancement at SAF believes valuable networking opportunities and donations warrant in-person interactions. However, what do you do when that option is no longer possible or even safe?

The CAAA Award Committees are pleased to recognize these outstanding recipients who embody the values and mission of the Association: innovators who are committed to promoting and encouraging excellence in education and research in our field.

As we cannot celebrate our winners' achievements in person this year, we will be very happy to do so when we can be together again - at the Awards and Recognition Brunch of the 2021 CAAA Annual Conference in Quebec City.

Experienced face-to-face lecturers preparing to teach online, where they won’t have the benefit of reading body language and will have to battle new obstacles, such as Zoom fatigue

The economic impact of COVID-19 continues to be a global issue for people and businesses everywhere. Many in our community are wondering how the shutdown of our economy will affect their long-term financial goals.

James Thompson is a Waterloo professor in the School of Accounting and Finance. On Wednesday, May 27, he joined us for this week’s Ask our Experts community talk to discuss retirement planning in the time of COVID-19, as well as answer your questions about personal finance.

We asked Tracy Hilpert, Director of the School of Accounting and Finance’s Financial Literacy in the Classroom initiative, what you should be considering when managing your finances during the pandemic.

Canadians across the country are facing a difficult and unforeseen financial hurdles that have many worried. In fact, research by the Financial Consumer Agency of Canada back in 2018 stated that 48 per cent of Canadians said they had lost sleep because of financial worries — something that has only been exacerbated with layoffs, social-distancing and illness within the last few months.

They say the friends you make in university will be friendships that will last a lifetime — and the School of Accounting and Finance (SAF) isn’t letting anything (not even COVID-19) come between that.

Integrated within the Accounting and Financial Management (AFM), Math/CPA and Biotech/CPA programs is an experiential learning initiative called “2YEx” (the two-year experience). The goal of 2YEx is to inspire engaged learners that support each other while honing their collaboration and teamwork skills.