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The recipients of the 2022 Outstanding Performance Award have been named, according to a memo from Vice-President, Academic & Provost James W.E. Rush.

"I am very pleased to announce the award recipients for 2022 and would like to take this opportunity to congratulate them for their outstanding contributions to the University of Waterloo," Provost Rush writes.

Many countries have imposed tax policies that limit the deductibility of interest costs, creating a plausibly exogenous increase in the net cost of borrowing. The limits are based on financial accounting numbers, adding a new implication to managers’ choices. Firms in these countries are also expected to rely less on debt financing and face weaker demand for conservative financial reporting from creditors as compared to firms in other countries.

Wednesday, May 4, 2022

Following in her footsteps

Ahead of Mother’s Day on May 8, the School of Accounting and Finance (SAF) is sharing the story of a mother and son who graduated from the same university and program, 28 years apart. When Winnie Leung graduated from the MAcc program in 1993, the top song on the radio was I Will Always Love You by Whitney Houston, and in 2021, when her son Aaron Leung graduated, the top song on Spotify was Drivers License by Olivia Rodrigo. Music, fashion, and technology changed during that time, but the value of a SAF degree remained constant.

Thursday, April 28, 2022

A Lifetime Mentor in the Making

Established in 2003, the SAF Fellowship Program has proven to be a game-changer for all parties involved. The program invites SAF alumni and students to participate in a rewarding four-year relationship to develop future leaders. Selected AFM and SFM students are provided with opportunities for professional development, relevant work experience, and the added benefit of financial support.

A significant and increasing number of North American organizations use tangible rewards to motivate their employees. Despite the widespread use of tangible rewards, there is limited understanding as to what makes them effective.

When Pratik Shah (MAcc ’09) came across the CFO role for the neo-biotech company Cyclica on a MaRS job board, it took him right back to his undergrad at the University of Waterloo. As a Biotech/CPA student, his long-term career goal was to work for high-growth startups making a social impact. Better yet, Shah wanted to leverage his scientific background, which aligned well with Cyclica’s bold mission to build the biotech pipeline of the future.

Wednesday, April 6, 2022

The Student Venture Fund Journey

University of Waterloo students are known to be an ambitious bunch, always looking for ways to advance their experiences and knowledge to gain a step ahead in the real world. The same can be said for School of Accounting and Finance (SAF) students, who can meet their ambitious goals by getting involved with the Student Venture Fund (SVF).