Start Up Business Finance

We are deeply saddened to report the death of Christopher Kobrak, Wilson/Currie Chair of Canadian Business & Financial History and long-time BHC member; he died this week in Paris. He was on the board of the European Business History Association, and served as a trustee of the Business History Conference, 2007-10. He worked on the BHC Finance Committee, 2010-2013 and was serving on the BHC’s Hagley Prize Committee at the time of his death. He was also vice-chairman of the Canadian Business History Society and active in promoting its growth. Interesting post. I am at the other end of this job discussion, as our group (an Analytics group within a Fortune 50 company) has hired a couple of Economics Ph.D’s recently, and we’re looking soon to hire 1 or 2 more. We hire Economists mainly for forecasting sales, etc, so time series analysis is important, but being able to do and learn other things is certainly essential (handling Big Data for example). The job market certainly seems tight from our end, as the number of applications we received for each position has been surprisingly low (maybe we’re not posting in the right places?).

The maintenance of cost accounts and financial accounts in a single set of books is known as integral accounting. In other words, it’s the merger of financial and cost accounting by using a single set of books of accounts. This serves the purpose of both financial account and cost account. A cost ledger and three subsidiary ledgers (a stores ledger, a work-in-progress ledger, and a finished stock ledger’”see below for more explanations) are also maintained in addition to the general ledger, the sales bought ledger, and sales ledger.

Research activity and results in the last 12 months (unless in the first year, when only 7 months will have gone by): you eill register and document on the doctoral management intranet each activity carried out, so that they may be reviewed and considered by your tutor, director and the Academic Committee of the Ph.D. Program.