Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Certified Exams
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thursday June 5, 2014 COSO has released its first update since the early 1990s regarding Internal Controls. Compliance is just now coming along. I have listened to two of five parts on a webinar about impelemting the new rules. The demand for certified accounting graduates continues to soar as regulations continue to be re…
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Tuesday May 27 2014 I am reading Richard Chambers Lessons from the Audit Trail. He mentions that in the first two years the CRMA designation was offered, 13,000 individuals passed the exam. The CRMA link is here. In the graduate ethics class this spring, one student remarked in an essay that 'accounting has been drilled into…
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Thursday May 8, 2014 My friend Ron Schmidt offers both an in person and on line class for studying for the Certified Management Accountant Degree. Notice the distinction, the University of Dallas is a private Catholic University near the Dallas Cowboy Stadium. This is to be distinguished from University of Texas at Dallas which is…
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Wed April 9, 2014 Kirk Tuck usually has a reflection worth reading. This one is not exception. Or as Apple might put it, Think Different. Reflecting back over my life I am reminded of a Gail Sheehy comment. Poor People think about Tuesday all day Tuesday. Rich People think in terms of decades. Where do you…
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Monday April 7 2014 We professors are constantly peppered with questions about a student's grade. This is not surprising given the years and years of emphasis on just that. As a result, students have a hard time shifting hgars when the time comes. And by that I mean shifting gears to the only grade that…
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Thursday April 3 2014 Google split this week. We are studying the equity side of the blaance sheet in intermediate accounting. Stock splits and stock dividends are part of that discussion. Please read this article to understand how the original owners of GOOG are increasing their hold over the company. They are receiving Class B…
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Monday March 31 2014 An alert student spotted this article on high speed trading featured on sixty minutes last night. Essentially high speed computers anticipate a buy, jump in with an order front running your order, and then sell you the stock back at a higher price. The higher price is not a dollar or…
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Monday March 31 2014 I ran across this ad for The Flex Belt (used by 2 million people around the world it says). The idea is that you wear this gizmo around your middle and it uses, yes boys and girls. EMS (try that one on your b biology professor) Electronic Muscle Stimulation combinign 10…
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Tuesday March 25, 2014 I have previously mentioned the down to earth helpful advice as well as the practical exam available through the American Insitute of Professional Book Keepers. Here is a sample. This is precisely the sort of question a practicing tax preparer, at any level, gets from a client. Knowing the corrrect answer…
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Weekend March 21 2014 I ran across another designation today, this is new to me. It is CTP for Certified Treasury Professional. The link describes the exam but let me make a point about that. One has 3.5 hours which is 3.25 x 60 = 210 minutes to answer 170 questions or 210/170 = 1.24 minutes…
Professor Elam 