Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Financial Acct
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Friday March 5 2010 I have intentionally quoted from a couple of the new links I set up to encourage students to read them as well. Today Mish makes these observations. I agree and this reflects why I teach accounting. The study of accounting leads to various professional designations which are attained through examination. The…
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Friday March 5, 2010 Jesse's Cafe reviews a new book about the meltdown. Yves Smith, the author, writes the blog Naked Capitalism. More time has elapsed since the initial flurry of books about the event, and this one reflects more thought on the events. The existence of re purchase or repo agreements figures prominently in…
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Wed march 3 2010 Texas Organ Sharing Alliance is looking for an Accounting Asistant. This person will report ot the Director of Business Service. Responsible for accounts payable and payroll opeartion. See me for more details. Apply to Central Region (Headquarters) Esmeralda “Mela” PerezManager, Communication and Community Development8122 Datapoint, Suite 200San Antonio, Texas 78229(210) 614-7030
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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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Tuesday March 2 2010 Without money, how would we keep score? Link to trailer http://www.youtube.com/watch?v=lPCSAAtyLW8
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Tuesday March 2 2010 the process of accounting, one incurs a liability in exchange for a service or product, that liability is worked off short or long term and accounting allocates it by period, simple really but conversely, one moves product from inventory or provides the service, and so one records a revenue item that…
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Tuesday March 2 2010 After ten years of attempting to grade students' attempt at journal entries I have concluded we have a content mastery problem. One theory of education is that students too often move to another level of difficulty without mastering the former level. The idea is that one should master the content of…
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Sunday Feb 28 2010 Shell Games is written by a female forensic accountant. Read Prof Albrecht's review at the link.
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Sunday Feb 28 2010 Prof David Albrecht has some ideas on how to succeed in an accounting class. His ideas are pretty much spot on but I would add this as an overall thought. Start early in any class. This past week it was evident that students had not begun reading a book for a…
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Sat Feb 20 2010 Let me tell you how it will be; There's one for you, nineteen for me. 'Cause I�m the taxman, Yeah, I�m the taxman. Should five per cent appear too small, Be thankful I don't take it all. 'Cause I�m the taxman, Yeah, I�m the taxman. (if you drive a car, car;) – I�ll tax the street; (if you…