News

Upkar Arora (BA '85, MAcc '85) understands just how powerful our investments can be.

He joins us to talk about his work at Rally Assets, an impact investment firm. Plus, he speaks about his personal investments to Waterloo as an alumnus, donor and committed volunteer. Why does he care so deeply about our University community? How does he hope these investments will impact the world? How can others make an impact too?

Every year, we have a challenge: to select just 100 women to receive our Canada’s Most Powerful Women: Top 100 Awards. These are women who personify what it means to be powerful through the way they empower and champion others, influence change and stand up for all of us. And as Top 100 winners, they stand among more than 1,000 powerful leaders across Canada who share that honour… and our thanks.

The Chartered Professional Accountants of Ontario (CPA Ontario) celebrated the appointments of those named to CPA Fellowship. Among the 50 newly named FCPAs, were 8 SAF alumni and Dave Vert, retired faculty member of Waterloo’s School of Accounting and Finance (SAF).

Mike focuses on financial literacy month. First, Judith Robertson, Commissioner of the Financial Consumer Agency of Canada, speaks about what her organization does and what they’re focusing on during financial literacy month. Then Tracy Hilpert, a Lecturer of Managerial Accounting with the University of Waterloo’s School of Accounting and Finance and the Director of the department’s Financial Literacy Competition joins to explain how their competition teaches financial literacy to high school students and how classes can get involved.

Tony Wirjanto, a curator for Insurance and Asset Management for the World Economic Forum and professor at the School of Accounting and Finance, takes us through how COVID-19 has affected the insurance industry, and what can be done about it.

The repercussions of COVID-19 and worsening climate change are among the issues that will impact the insurance industry, according to Tony Wirjanto, University of Waterloo professor.
 
Wirjanto, working as a curator in Insurance and Asset Management for the World Economic Forum (WEF), identified eight key issues poised to influence the insurance industry in the recently released WEF Transformation Maps.

Amy Lei, BAFM ’17, used her time at SAF to uncover her passion of teaching and to eventually land her dream job at Mink Capital, uniting the two things she loves the most - teaching and finance!

Shortly after graduating from the University of Waterloo, I began my full-time career in the investment banking group at TD Securities. I obtained this opportunity thanks to the University of Waterloo’s fantastic co-op program,

Teams challenged to identify ethical dilemmas within case study mirroring those they may encounter in future finance careers

Toronto, ON, September 29, 2020 – CFA Societies Canada announces University of Waterloo as the winning team following the 4th annual CFA Societies Canada Ethics Challenge. The announcement was made at the virtual competition, marking the end of the 2020 competition.

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.