Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Audit
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Moday Jan 8, 2024 hClick here for story An ex-bookkeeper at an Alamo Heights architecture firm is facing criminal charges related to a roughly $1 million embezzlement scheme. A federal grand jury in San Antonio on Wednesday indicted Sarah Jean Lingle, who worked as a bookkeeper and office manager at the Sage Group for almost five…
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Weekend Dec 17 2023 December 18, 2023, 1:25 am A Vatican court on Saturday sentenced a once powerful Italian cardinal to five years and six months in jail for financial crimes at the end of a historic trial. Angelo Becciu, 75, a former adviser to Pope Francis who was once considered a papal contender himself,…
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weekend Dec 17 2023 Note to students Janet Mello doubled Rita Crundwell's take from Dixon IL in just seven years,It took Rita about 22 years. That no one noticed Janet's improved lifestyle, no one checked to see if services were performed, didn't the bank she used wonder where a govt employee was getting all…
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11/16/2023. https://dailycaller.com/2023/11/16/pentagon-fails-sixth-straight-audit-with-little-improvement-from-last-year/ The Department of Defense (DOD) failed its sixth straight audit with little positive change from the year prior, despite pledges from Pentagon leaders to make improvements on the massive undertaking each year. Auditors gave seven of the department’s 29 sub-agencies a clean audit in 2023, with no change from the 2022…
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James Freeman in the WSJ Aug 23 2023 You have to laugh or cry when the Congressional Budget Office issues an occasional reminder that lawmakers use bogus accounting to hide from taxpayers the true cost of federal programs. Give CBO credit for honesty as it points out how required official estimates are at odds with…
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Tuesday august 1 2023 This semester we offer Forensic Accounting ACCT 312 I will be posting more valuations adding to course content. This is courtesy of hthe KFORD ©roup here in San Antoio CLick on the link and check out their newsletters __________ Use a Rebuttal Expert to Break Valuation Deadlock Financial experts use…
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7/26/23 PCAOB çhair declares This is unacceptable CLick for the story. ånd fines now total $10.5 M but so what, chump change in the Big Four League. These firms have been paylng fines as long as I have been teaching ethlcs since about 2006. And their performance has only gotten worse. What does it…
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Tuesday July 11 2023 WSJ article on RL notes a price break out on the chart but gross margin lags, let's loook Monthly RL has not exceeded the high of 160 back in 2015. It has a wide range trading as low as 60. Resistance is now 130 Weekly RL hs not been participating with…
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Monday May 1 2023 When Ernst & Young dropped its breakup plan, the firm’s executives said they remained committed to achieving the split. Since then, it has become clear that the effort is dead, at least for the next few years, according to internal webcasts and people familiar with the matter. Leaders of EY’s dominant…
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Thursday April 20 2023 On a staff call this week, a senior Ernst & Young executive delivered an exhortation to the troops: Bill clients “every hour we can get our hands on.” A failed breakup attempt cost the company $600 million. Employees are angry. But that might be the least of it: The outlook for…
Professor Elam 