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Professor Elam

Accounting & Investing Info for San Antonio A & M

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  • Professor Elam

    Becker Presentation on CMA

    February 10, 2021

    Wed Feb 10, 2021

    I watched the Becker presentation on the CMA exam yesterday. since I was an undergraduate this is the first time Becker has offered review on anything

    other than CPA.  You must register but the webinar is free. Click below.

    Becker Free Webcast

     

    In case the hyperlink doesn’t come through –

    https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=00BA5AB0-E250-47BC-AB0C-932BA84A2928

    Becker hired a CPA who created their review over a four year period. She narrates the webinar.

    And the next day Gleim announced a similar review. Gleim has offered CMA for many years. But my contact there

    tells me they are seeing much higher interest in CMA and CIA. See my next post for link to Gleim

     

  • Professor Elam

    Newsletter from Business Librarian

    February 9, 2021

    Tuesday Feb 9 2021

    Marina Narvaez just sent her latest newsletter about library resources.  Be sure to read it to take advantage of all the on line tutorials and resources offered.

     

     

    https://www.smore.com/bmyw4

  • Professor Elam

    Carlos Uressti’ Ex Wife Sues Adult Night Club

    February 9, 2021

    Tuesday Febvruary 9 2021

    Lleanna Elizondo, ex-wife of Carlos Uresti, the imprisoned former state senator, is suing Capisce Gentlemen’s Club and D’Angelo’s Italian Grill alleging the owner is using a photo of her without her permission on his Facebook page to promote the businesses. She had posted the photo on her own Facebook page.

     

    The Four Winds Fraud was the most popular presentation I have done to professional SA accounting groups.

    https://www.expressnews.com/business/local/article/Ex-wife-of-jailed-San-Antonio-politician-sues-15927901.php?utm_source=newsletter&utm_medium=email&utm_campaign=SAEN_TexasInc&utm_content=briefing&utm_term=news&sid=5bbcfeb73f92a45e831e00e8

     

    Screen Shot 2021-02-09 at 9.39.05 AM

  • Professor Elam

    Emerson Society

    February 4, 2021

    Thursday Feb 4 2021

     

    I have enjoyed reading your feedback on Self Reliance Emerson's most famous essay.

    Read about the Emerson Society here.

    https://emersonsociety.org/

    Collection of Submissions to Emerson Papers here

    https://emersonsociety.org/emerson-society-papers/

    I bought /everyday Emerson on Kindle for  2.99

    https://www.amazon.com/Everyday-Emerson-Wisdom-Ralph-Paraphrased-ebook/dp/B077CV49S1/ref=sr_1_1?dchild=1&keywords=everyday+emerson&qid=1612470780&s=books&sr=1-1

    Living from the Soul the 7 Spiritual Principles of Emerson

    https://www.amazon.com/Living-Soul-Spiritual-Principles-Emerson-ebook/dp/B0829GGJZG/ref=sr_1_1?dchild=1&keywords=living+from+the+soul+7+spiritual+principles+of+emerson%27&qid=1612471175&s=books&sr=1-1

    Emerson's Life

    https://en.wikipedia.org/wiki/Ralph_Waldo_Emerson

     

  • Professor Elam

    SA IMA Feb 18 Monthly Meeting

    February 4, 2021

    Thursday Feb 4 2021

    San Antonio Chapter

    Critical info is included. Please read to the bottom!

    Register now for our next web meeting:  Thursday, February 18th from 6-8pm Central Time.
    Our February meeting sponsor is Houston Business Automation. 
    Our Annual meeting sponsor is Empower Wealth Advisors.

    Our topics on the 18th will be: 

    Update on San Antonio Employment Market & Interview Strategies/Resume Tips

    Components of a Good Anti-Fraud Policy

    As always, this meeting qualifies for 2 hours of CPE but you don't need CPE to get tremendous value from the meeting. 

    Register today at http://SanAntonio.IMAnet.org!  

    NOTE: IMA has rolled out a new meeting platform. So the registration screen will look different than in the past but there are many great improvements – including same day, self service CPE certificates!

    We will once again be holding a Student Member Virtual Internship Fair.

    If you are a student, please complete and return the attached 1 page personal profile slide and the IMA info release form no later than Wednesday, February 10th to: SanAntonioIMA@gmail.com.

    Also attached, please find our 2nd ever newsletter.  We issued it on January 1st, but many people have been added to our member rolls and friends of the chapter email blast since then. We expect to send out another edition on or about April 1st.

    MANY thanks to new Student Member Hope Harrell for her fantastic work to make this a reality.  It is packed with great information about what happened last year and what lies ahead.  Share it with colleagues and prospective members.

    As always, if you have any questions, please contact the chapter at SanAntonioIMA@gmail.com.  

    Getting with the chapter on our social media Links:

    Twitter | @IMA_SanAntonio | https://twitter.com/IMA_SanAntonio

    Facebook | @IMASanAntonio | https://www.facebook.com/IMASanAntonio

    Instagram | sanantonio_ima | https://www.instagram.com/sanantonio_ima/

    LinkedIn (public group)| San Antonio Chapter of the IMA | https://www.linkedin.com/company/san-antonio-chapter-of-the-ima

    SA IMA newsletter_2021-01A.pdf
    Template_Insert Student Name Here – Student Intern Profile.pptx
    Speaker and Author Release Form.docx

    Update your email preferences to choose the types of email you receive

  • Professor Elam

    Intl conference on Internal Auditors

    February 4, 2021

    Thursday Feb 4 2021

    The  International Conference of Internal Auditors is available on line. I took a look at the topic in the sessions and thought sutdents

    might b interested in what topics are being discussed. So here is the line up

     

    2020 International Conference OnDemand

    Unable to attend the 2020 International Conference? Now is your chance to access nine highly rated and top attended concurrent sessions OnDemand. Wherever you are, you can continue to strengthen your knowledge and skills and earn up to 12.0 CPEs.

    Sessions Available On Demand

    • Auditing Social Media: Is the Organization Controlling the Conversation?
    • Internal Audit of the Future: Leveraging Machine Learning and Emerging Technologies
    • Six Simple Steps to Stop the Most Common Internet Attacks From Hackers
    • A Day in the Life Implementing Agile Internal Audit
    • Leading Both the Internal Audit and Compliance Functions
    • The Path to Insight: Real-time Assurance Over Your Organization's Key Risks
    • Emerging Risks: Environmental, Social, and Governance
    • Continuing the Conversation…LIVE: A Discussion on Remote Auditing
    • Organizational Culture: Assessment and Audit
  • Professor Elam

    Gamestop Mania is Nothing New

    February 4, 2021

    Thursday Feb 4 2021

    I often think we should have a business history class. Manias and ethical lapses are nothing new. We will be asking our teams to address

    some of these past manias in  our on line classes.

    The Original Extraordinary Popular Delusions and the Madness of Crowds.

    https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds

    Railway Mania of  1840s UK

    https://en.wikipedia.org/wiki/Railway_Mania

    South sea bubble of 1720

    https://en.wikipedia.org/wiki/South_Sea_Company

    Charles Law Mississippi Company

    https://en.wikipedia.org/wiki/Mississippi_Company

    Tulip Mania of 1637 Screen Shot 2021-02-04 at 8.47.02 AM

    https://en.wikipedia.org/wiki/Tulip_mania

     

     

     

  • Professor Elam

    Graham Weston Divorce

    February 2, 2021

    Tuesday Feb 2 2021

    https://www.expressnews.com/business/local/article/Rackspace-co-founder-one-time-billionaire-Graham-15918918.php?utm_source=newsletter&utm_medium=email&utm_campaign=SAEN_210Report&utm_term=news&utm_content=headlines&sid=5bbcfeb73f92a45e831e00e8

     

    this will be one for the record books

  • Professor Elam

    Farias Pleads Guilty to Ponzi Scheme

    February 2, 2021

    Tuesday Feb 2 2021

    A Fair Oaks Ranch businessman faces up to 20 years in federal prison after he pleaded guilty Wednesday to orchestrating a Ponzi scheme that cost investors more than $7.4 million.

     

    https://www.expressnews.com/business/local/article/San-Antonio-area-man-accused-of-defrauding-15903547.php

  • Professor Elam

    The Real Gamestop

    February 2, 2021

    tuesday Feb 2 2021

    Tuesday Feb 2 2021 Screen Shot 2021-02-02 at 11.23.31 AM

    Not the total disconnect between. thee stock price and the actual company.

    The retailer reported a $19 million loss in the most recent quarter, even as the ongoing pandemic helped lift the overall industry to record highs. Sales have fallen for 10 of the past 11 quarters, with the most pronounced declines occurring in 2020, when the overall sector grew 26%, according to NPD Group. GameStop has not turned a profit since 2017 and has gone through five chief executives in that time. Its current CEO, George Sherman, who formerly led Advance Auto Parts and Best Buy Services, took over in April 2019.

    https://www.sandiegouniontribune.com/business/story/2021-02-01/gamestop-struggles-to-stay-afloat-despite-stock-surge

    the original book on this topic was written I believe in  1836 – 1842.

    It details the Holland Tulip Bulb Craze in  1636, the South Sea bubble and mississippi schemes of  1720.

    Read those stories at this link

     

    https://en.wikipedia.org/wiki/Stock_market_bubble

    nothing new under the sun.

    Screen Shot 2021-02-02 at 11.18.52 AM

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