I can't speak or Burnout but for me it seems that Spell Power and Ice Shards do not stack even though according to the spell description they should.
Spell Power: 2/2 Increases critical strike damage bonus of all spells by 50%
Ice Shards: 3/3 Increases critical strike damage bonus of your frost spells by 100%.
Frost bolt has a damage range so its not good to test with but right now my Blizzard hits for 500 per tick and crits for 1000. With both talents I would expect it to crit for 1175 (Edit: had wrong number here).
Do you guys know if this is a bug, intended, or if anyone has even noticed the problem?
I see nothing wrong with my reasoning. Both talents should stack correctly for frost spells. Maybe they even do for frost bolt which for me hits like a truck. Maybe this has already been covered for which I apologize only having played a mage for 2 weeks now. (I decided to level one for the expansion to help my arena team)