Professor Elam

Accounting & Investing Info for San Antonio A & M

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  • Professor Elam

    SEC Focus on Anti Competitive Practices

    September 7, 2021

    Sept 7 2021

     

    htYet another regulatory group has been formed within Team Bien.

    That is worrisome in itself. This is the White House Competition Council. What would a bunch of bureaucrats know about business competition?

    Expect more Obama type regulation which led to the slowest recovery in history.

  • Professor Elam

    Future of Food Delivery

    September 6, 2021

    Weekend Sept 6 2021

    hKiwibot is the future of food delivery.

    Again this eliminates multiple  $15 / hour jobs. Screen Shot 2021-09-06 at 8.58.55 AM

  • Professor Elam

    Robots R Us

    September 6, 2021

    Weekend Sept 6 2021

    Formic Technologies allows companies to rent robots.

    The result is lower up front costs and better utilization.

    I suspect this is also being hurried due to lack of qualified employees and too many living off supplemental  $300 unemployment.

    AOC does not realize her policies are stimulationg the move to automation,.

  • Professor Elam

    20,000 Franchises Close in 2020

    September 6, 2021

    Weekend Sept 6, 2021

    This article indicates franchises are just as vulnerable to shutdown and independents.

    And a franchise is likely to have way more debt than an independent given the many site requirements.

    Those with a drive  in window have probably been better able to weather this t=storm

    Here is an example of the need for mangerial accounting in action.

  • Professor Elam

    CPA Questions are Pure Vanilla

    September 5, 2021

    Weekend Sept 5 2021

    this article explains the straightforward nature of the CPA exam questions.

     

    No humor here!

  • Professor Elam

    Latest PCAOB Audit Scores

    September 5, 2021

    Weekend Sept 5, 2021

    After years of failing grades in the  30-40 or 50%, PwC plans to improve its standing.

    I have wondered aloud in class as to why the Big 4 who boast of their expertise cannot score any better with PCAOB than they do.

    Perhaps this is a turn in the right direction.

  • Professor Elam

    Sports Information Director

    September 4, 2021

    Screenshot 2021-09-03 at 21.05.30

  • Professor Elam

    JA Ethics

    September 3, 2021

    Friday Sept 3, 20 21

    Screen Shot 2021-09-03 at 9.47.42 AM

    Screen Shot 2021-09-03 at 9.47.53 AM

     

  • Professor Elam

    EY cuts the cost of MPA

    September 1, 2021

    Wed Sept 1 2021

    EY cuts the cost of MPA

    I have maintained for some time that Higher Ed is undergoing radical change, to the surprise of most universities.

    Here is another example.

  • Professor Elam

    USAA Banker is Revealed as Cocaine Dealer

    September 1, 2021

    Wed Sept 1 2021

    Well yea just never know. A sure sign of fraud is someone living a high lifestyle they could otherwise not afford. That was the case for Rita Crundwell.

    Now we find a hUSAA banker dealing 20 and 50 kilos of cocaine.

    Prosecuting attorneys called this living in plain sight. He had expensive homes, guns, jewelry, the works.

    And 50 kilos of cocaine is a lot of cocaine. Once again professional skepticism pays off.

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