One of the objectives of the blog is to get students accustomed to thinking in acconting terms.  An incident at a Mexican Restaurant this weekend ilustrates features of all three accounting classes I am teaching this semester.  Simply, three of  us were having lunch outside at  Mexican restaurant in Austin, Tx.  My friend wanted to…

I will be putting Homework Manager up this Tuesday, regrettably the infor to do so is on the school computer and school is closed, so if you need help with any of the problems in the first two chapters of Intermed I or Managerial, e mail me at home denniselam@tx.rr.com Assuming I can keep my…

I will agree with student Kelly Clark  that the Wall St Journals do tend to stack up if one subscribes.  Business Week handily comes on the weekend and can be read easily by the end of the week.  Visitor and entrepreneur Ariane Urschler observed to one of the classes last semester that the Business Week…

Jerry Flint does not understand Ford’s strategy.  Ford paid big bucks for Jag, Land Rover, and Volvo, and now seeks to sell them. Should they, now that success seems round that famous corner? We will be studying sunk costs and strategy in Mangerial Acocunting, this article is an excellent introduction to the topic.

I have featrured several small cars on the blog, is a $2,000 car possible?  Probably not one that would meet the US requirements but click to read and see how a combo of an Indian motorcycle company and others are considering the posibility.  Already a $4800 800 cc engined cars is offered in India. India…

President Bush has allowed mortgage holders to switch to FHA insured mortgages. in addition one will not have to pay income tax on mortgage principal that is forgiven.  Here is another example of understanding accounting and the tax code to be able to explain transactions to the public. As the article says, suppose the lender…

Go to the Archive and click on 5/22/07 to see the list of certifications that the Tx St Board of Accountancy recognizes. From the Helpful Website list I would direct you to http://www.iia.org Cert Internal Auditorhttp://www.imanet.org Cert Managerial Accountant Both of the above are well recognized certifications and  bit easier than the CPA exam. I…

Check out my post on 8/9/07 about explaining your company in thirty seconds, there is a link to the article in INC magazine. This will help you with making an extemp speech about yourself!

For some ideas on your book reveiws you can go to http://www.amazon.com and use the drop down box to pick books, on that page you can pick business and then you can even pick accounting http://www.barnesandnoble.com allows the same thing, drill down to the business category I will  also post some suggestions under handouts dle

An article in The Economist  explains how former KGB operatives have come to run the country once again.  but they are tacticians,not problem solvers.  It used to be Us versus them in the Cold War with Western Europe conveniently hiding under our nuclear umbrella. Today the players in globalism might include USA and Britain and…