Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Audit
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Tuesday Nov 11 2014 The IIA has announced a career map for aspiring future internal auditors. One needs to ber a member of the IIA to participate. Student membership is only $35 a year. That entitles you to attend monthly meetings, on line webinars, and participate in projects like the career map. I suggest you seriously consider…
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Thursday Oct 2 2014 PCAOB considers a compromise in revealing the name of the audit partner on an engagement. The latest idea would be to register the name on a Form Five filed separately but simultaneously with the audit report. I suppose if one can navigate the PCAOB website one might actually find the form…
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Monday Sept 22 2014 PCAOB Set to Rule on Auditor Disclosure Audit Firms lobby for alternatives REuglators Accounting Firms Bicker over Audit Rule - this maynow work unless you subscribe The PCAOB has proposed that the audit partner in charge reveal his or her name in the statement submitted with the annual report. Not surprisingly the…
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Thursday Sept 11 2014 I attempt to provide TAMUSA accounting students with a great number of resources. Here is another one. Smart Brief is an e mail service that will keep you current on internal audit and other accounting topics, again it is free. https://www2.smartbrief.com/signupSystem/subscribe.action?pageSequence=1&briefName=iia The Institute of Internal Auditors publishes a bi monthly newsletter, Tone…
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Wednesday August 20, 2014 Walgreen's CFO missed the 2016 gross revenue targe by $1.1 billion. The CFO and Pharmacy Chief are now resigning. Apparently the problem was the failure to factor in the higher cost of some generic drugs through the vagaries of Medicare Part D. WAG stock has fallen from 75 to 60. Accounting has…
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Monday August 11, 2014 In Texas the Chief Financial Officer in County Government is termed the County Auditor. The Auditor is appointed by the District Judge. Unlike a city, each county department is headed by an elected official. So the County Auditor should be an independent guardian of the public trust. McAllen and Edinburg are…
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Weekend August 2 2014 It is time to renew my membership in IIA, I strongly suggest you consider a student membership. A student membership is only $35. That entitles you to the features listed below. In addition you can attend the monthly meetings here in San Antonio for the cost of the lunch, $22.50. this…
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Friday August 1, 2014 Good Afternoon All, I would like to ask your assistance in getting the word out regarding recruitment announcement for an Auditor position located here in San Antonio. The posting was received from the Air Force Audit Office. The job is open to graduates within the last 2 years (or completed a…
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Friday July 18, 2014 Student SA IIA member Pauline Glenn at left with Matt Boor TAMUSA accounting student to her right visit with John Wallace CISA with Resource Global Professionals at the monthly meeting this past Wednesday. Camille Marbury with CPS is the current SA IIA…
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Monday June 2 2014 Don Sterling may have a $662 M tax bill. He bought the Clippers in 1981 for a mere $12.5 million. Now Steve Ballmer of MSFT fame is buying for $2 Billion. Now there is a Warren Buffet type investment for you. Take a look at this article for what a really…
Professor Elam 