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FROM: MAR-APR 2008 ISSUE
“One in 10 large companies loses over $100 million per year to fraud.”
Kroll Global Fraud Report
Housing Affordability: An Oxymoron?
Canadian home ownership costs climbed steadily in 2007, says a report by RBC Economics. Housing affordability worsened in every housing type, every province, and every major city, particularly in the second quarter. The report noted Saskatchewan, Alberta, and B.C. saw the most significant erosion.
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More Accountants on Audit Committees
The number of audit committee members who were accountants doubled from six per cent in 2002 to 12 per cent in 2006, according to the Huron Consulting Group. Huron based its research on a sample of more than 670 audit committee members at 164 public companies from the NASDAQ 100 and Fortune 100 listings.
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Digital Pack Rats
In the habit of stockpiling data or digital photos? Then perhaps you need a terabyte hard drive. The equivalent of 1,000 gigabytes, a terabyte hard drive can store the equivalent of approximately 225 loaded data DVDs. If you are looking for a place to store digital photos, another option is to rent a terabyte of space on a website such as Photobucket.com for about $1,000 a year.
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What’s in the Pudding?
Interested in using your computer to make free long-distance phone calls to anywhere in Canada or the United States? Then you may decide to sign up with California-based Pudding Media. But there’s a catch. The company will monitor your conversations with software designed to listen for keywords. Then the company will send advertisements to your computer based on what the conversation was about.
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