Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Financial Acct
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Monday Jan 25 2016 San Antonio cybersecurity firm Globalscape GSB will have its earnings conference call this Thursday at 3 30 CST Jan 28. Have you ever heard a conference call on earnings? This would be an ideal time to start as an accounting student. I own shares in GSB and have taken students to…
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Tuesday Nov 17, 2015 Stock buybacks were a topic of one of our research papers last spring at the Student Research Forum. Here is an article detailing HP spending more than it earns on buying back stock. This decreases the number of shares outstanding and therefore increase earnings per share even though the company has…
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Thursday Nov 12 2015 The SEC Chief Accountant suggests areas for emphasis by the Audit Committee. Disclosure Internal Control Revenue Recognition
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Wed Nov 11, 2015 Here is a rundown on the new rules for long term leases which will take effect in 2018. There is a distinction between an operating lease, for example, you rent an apartment for a year, and a capital lease. Capital leases extend beyond a year and include major pieces of our economy…
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Tuesday Nov 3, 2015 We study leasing in ACCT 3304. The downturn in farm commodity prices has farmers leasing rather than buying. One farmer notes that he cannot afford to buy, the used tractor prices are falling faster than he can pay off the note. The further difficulty is that after paying half what they would…
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Wed Oct 21, 2015 jFerrari jumps 17% in first day trading with symbol RACE.
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Tuesday Oct 20, 2015 IBM drops 5.53% on poor earnings report. Back in the day IBM or Big Blue as it was called was the bluest of blue chips, like Apple today. But IBM lost its way and had to be re invented by Lou Gerstner in the early 1990s. Now it is borrowing to…
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Tuesday Oct 20 2015 The ticker symbol will be RACE. This should be fun to watch tomorrow.
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Tuesday Oct 20, 2015 Sonic CEO says MCD all day breakfast is not big deal. While MCD has been having all sorts of difficulties with menu and customer confusion, Sonic sails right along. Their two guys in the car commercials appear successful. They offer all menu all day long. Nothing is prepared before it is…
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Tuesday Oct 20, 2015 We study the calculation of earnings in accounting. A fifth of the S & P companies will report earnings this week. How important are earnings? IBM had a larger than expected 14% decline in earnings sending its stock price down 5%. Reading for context will increase your understanding of just how accounting…