Professor Elam
Accounting & Investing Info for San Antonio A & M
about
Category: Financial Acct
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Monday January 21 Accounting coach and KEdspira Kahn Academyoffer hundreds of on line accounting tutorials for principles students. Professor Farhat has longer lectures directed towards Intermediate Accounting students but that is simply the next class beyond principles ttps://www.accountingcoach.com/ Learn Accounting Online for Free | AccountingCoach http://www.accountingcoach.com "AccountingCoach PRO is an exceptional service. It not…
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Monday January 14, 2019 Here are three excellent on line accounting tutorials Accounting Coach https://www.accountingcoach.com Edspira Kahn Academy https://www.youtube.com/results?search_query=edspira+accounting+videos Professor Farhat https://www.youtube.com/results?search_query=professor+farhat+page
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Thursday Nov 15 2018 Luby's missed filing its annual 10 K financial report with the SEC. Luby's stock hit a high of $25 in the early 1990s and has been in decline since. The firm also owns Fudrucker's and Cheeseburgers in Paradise. This is ironic given the flood of newer chains like Smashburger, Five…
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Tuesday Nov 13, 2018 Thanks to a helpful tip from Mark Goldman, I am providing a link to Professor Farhat's accounting lectures. Here is the Edspira link https://www.youtube.com/results?search_query=edspira+accounting+videos This is a link to his main page which displays all his offerings. Notice he has about 33,000 followers! And he…
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Monday Oct 29 2018 FASB addds SOFR for interest rate hedging. SOFR is the Secured Overnight Financing Rate. This is being done after revelations that the LIBOR London Interbank Overnight Rate was manipulated by fraudsters. Reading the WSJ is one of my twelve steps to Conquer Accounting. I linked to another source but spotted the…
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Wednesday Oct 10, 2018 Sears has employed a firm specializing in bankruptcies. The article is a textbook lesson in why the cash flow statement is the most important. Sears has simply failed to generate cash to re pay debt and fund operations. We have written about this for some time noting Eddie Lampert is no…
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Weekend Sept 30 2018 I am going to begin posting every single day. Today we offer up the PwC podcast of the differences between IFRS and GAAP. https://www.pwc.com/us/en/cfodirect/multimedia/podcasts/us-gaap-ifrs-differences.html
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WedJuly 26 2018 New Revenue Recognition Guidance The new revenue recognition guidance has created new challenges for many companies with diversified service offerings. One of the most significant challenges has been determining how to group promised goods and services into performance obligations. This determination can be highly subjective and complex and the…
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Friday April 6, 2018 Parker Drilling PKD has violated NYSE listing requirements. This is an instructive article. The New York Stock Exchange is the Big Board. Years ago the NASD was for small companies and the AMEX in between. Tech stock like MSFT made the NASD an exchange of wealthy companies.Please read the listing requirement.…
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Wednesday March 7,2018 Exxon Chief Woods Struggles to Undo Predecessors Botched Ventures Chief Executive Darren Woods inherited a bunch of deals from his predecessor Rex Tillerson, now the U.S. secretary of state, which have since gone sour. This year Exxon took a write-off on over a billion dollars for walking away from some of Mr.…
Professor Elam 