Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Tuesday July 6, 2010 Employers are deciding that employees are an expensive liability. We study current liabilities in Intermed II Accounting. As you will see, there are more and more taxes s this article explains. The result is that jobs go elsewhere, or people are simply not hired. There have been recent moves of business…
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Thursday June 24, 2010 Here is a link to presentations on the CMA designation. Download CMA_Presentation_current_candidates Download CMA%20External%20Presentation_1.22.10 Here is a link to an extensive salary survey among IMA members this past year. Frankly I tend to take salary surveys with a grain of salt, note most responding have 20 years in the field. Note…
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Tuesday April 27 2010 I suggest you look at Mish dated Monday April 26, 2010. This is an article about crowd sourcing. Crowd sourcing is the act of taking a job traditionally performed by an employee and outsoucring it to an undefined group of people on a project-by-project basis, in the form of an open…
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Sunday April 11, 2010 It is near impossible to stop a bad idea cloaked in good intentions Professor Elam Mary Anglin reports on the current state of Museo Alameda in her column today. Is is, alas, even worse than she feared. Perhaps Mary should have been tracking our coverage of this non profit. We started…
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Tuesday April 6 2010 The Federal Govt has created yet another dept whose avowed purpose is to reduce costs. This is too funny, and of course it will not work. There has never been and never will be a new dept that cuts costs. Cost Cutting will only be initiated in the dept that creates…
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Sat April 3, 2010 We touched on this topic Nov 22 2009 and Jan 23, 24 2010. We recounted that money from the Ford Foundation intended for capital use had been used for operations, the musuem has never come close to initial projections on attendance. And finally, the successful Museum of the Americas is down…
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Wed March 3 2010 I know some of the students believe I have been exaggerating what is about to happen in the US economy. Well, listen to what newly elected New Jersey Gov Chris Christie has to say about budget cutting in his state, notably rated the worst to do business in the USA. He…
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Sat Feb 20 2010 David Hendricks has a good column on factoring in the Sat Express News, I was not able to find it on mysa.com to link but the upshot is that a start up company is using factoring for financing. Factoring is the process of discounting an invoice at a substantial cost in…
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Thursday Feb 11 2010 The Chinese are famous for their disregard of copyrights, patents and other IP infringements. BYD is copying entire cars and assembly lines and then attempting to duplicate the effort. So far this is successful. Moving the industrial revolution backwards, they use humans rather than robots, absorbing a huge quantity of unacceptable…
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Monday Feb 8 2010 We made the point yesterday that eventually leaders get themselves into trouble by failing to emulate William B Travis right here in San Antonio. Travis is said to have drawn a Line in the Sand with his sword. Those staying or leaving had to get on one side of the line…
Professor Elam 