Tuesday Dec 27 2016 Here is .a great peace of Americana, circa 1953 it is still traditional to film or tape shows before an live audience. Here is the original. Lucy set the standard for all shows hat followed.  

Wednesday  Dec 21 2016 Gleim offers a preview of CPA Exam Changes.

Monday Dec 19, 2016 Christine Lagarde IMF Chief has been found negligent for not challenging a 400 M Euro pay out when she was French minister in 2008. Well it is a lousy time to be on trial or to be an incumbent up for re election. Negative social mood results in negative social actions…

Friday Dec 16 2016 Former Hedge Fund Manager Andy Kessler has some suggestions on job creation. He notes that the GI Bill sent millions of vets to college after WW II.  In a similar vein, he suggests vouchers for on line education for the unemployed. He notes that Udemy and Coursera both offer online classes…

Thursday Dec 8 2016 Jay Leno takes us for a ride on a Navy LCAC Hovercraft.

Monday Dec 5 2016 Another firm we have questioned is Tesla TSLA. It has under performed the S & P since the election. Price is breaking below all the moving averages. Musk has promised a huge increase in production as early as  2018. 1100 % increase seems unlikely.

Wed Nov 30 2016 President Elect Trump names Goldman Sachs partner as Treasury Secretary. Steven Mnuchin suppoted Hillary in 2007, then switched to Obama when he won, and then became Trump's campaign finance chief.  Conclusion, this guy is on the winning side. He attended Yale and his Father also worked at GS.  He has successfully…

Weekend Nov 19 2016 Where is the Artist of America? Rush refers to Middle America as ‘fly over country.’ Liberals might spot it from 35,000 feet while jetting from Martha’s Vineyard to Tiburon. But it was ‘folks’ (one of Obama’s favorite expressions) in fly over country that brought down Hillary’s ‘Blue Wall’ of expected voters.…

Download Using the COSO Framework – San Antonio IIA 11.2016

  Tuesday Nov 15, 2016 We are studying stock option compensation in ACCT 3304. Here is an article about indexing stock options. As the author notes, it may be that a bull market carries a company's stock price higher, even though it is not outperforming its rivals. The author suggests indexing the option award to…