Thursday April 9, 2020
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Accounting & Investing Info for San Antonio A & M
Thursday April 9, 2020
Paste this link into your browser
https://www.imanet.org/education-center/course-catalog-old?ssopc=1
Thursday April 9, 2020
To help your budget, this meeting is offered completely free (even for NON members) – but you DO need to register at http://SanAntonio.IMAnet.org!
Our speakers will be Neal Juern of Juern Technology presenting "IT Lessons Learned So Far from Covid-19" and incoming President of the IMA Texas Council Tanya Thirlwall presenting "Cultivating a Bias-free Workplace." There are no pre-requisites for these 2 hours of CPE and you are not required to need CPE in order to attend.
We will also briefly discuss IMA's new, 9 hour self study course – IMA Data Analytics & Visualization Fundamentals Certificate. The course is FREE to members! It's a great way to become conversant in a hot topic across industries!
The chapter is putting together a group of folks who would like to hear a little bit of explanation on the topics from a power user as a supplement to the self study content. If you are interested, contact the chapter at SanAntonioIMA@gmail.com.
Mike Lovelace, MBA, CMA, CPA, CISA
Thursday April 9 2020
Mark Goldman is he CEO of MGR Accounting Recruiters. MGR works with experienced CPAs seeking higher level jobs. And firms seeking those individuals.
Mark has a series of shorter career tips for accounting professionals. I am listening to his first as I write this post.
Monday April 16 2020
The CEO of the China equivalent of Starbucks, Luckin LK, has defaulteed on hundreds of millions of dollars in loans.
Seems the management has falsified the revenue for the firm.
For years it has been speculated that Chinese accounting is tantamount to what do you want the number to be. Expect to see much more of this in the developing bear market.
Weekend April 5, 2020
This semester I created a blog post on TAMUSA Blackboard for each student in my classes. Iasked them to post a career plan linked to their graduation date.
With the break down of the economy, this is now more important than ever. Here are a few ideas on what might be included in your career path blog post.
And a note to those with kids and family at home. Passing a certified accounting exam will be the most difficult undertaking of your life. The pass rate is the lowest of any professional exam, 50%. Pharmacy by contrast has a pass rate around 90 %.
So all the family will be taking the exam so to speak. You will need to establish a 'quiet time' when you are undisturbed and can concentrate without interruption. I am already receiving e mails from harried Moms who are trying to balance home schooling, work from home, and college all in the same time fram. So plan ahead!
Professor Elam
Accounting 4311, 5308,5327
Your Career Path on Your Blog at BB
I thought this was a good idea at the start of the semester when I created the blogs for all. I observe too many students needlessly procrastinating on their actual career plans. Most are simply focused on finishing school without integrating the idea of a certification into their studies.
Already I suspect 10 million are out of work. 1750 (not a misprint) families showed up at Brook City Base this week when the Food Bank set up a distribution center. Accountants are in demand when firms are making money. When nothing is being sold, demand for accountants shrinks. So your plan is all about how YOU are going to stand out to a potential employer. So here are a few ideas, and suggestions.
Your submission does not have to be lengthy but it should be tightly focused with a timeline.
Graduation Date, Under or Graduate
What jobs have you had which relate to accounting or independent decision making?
Have you achieved certifications in MSFT Office Software, Quik Books, Six Sigma, Data Analytics, or other digital application?
Were you involved in student organizations?
Did you author an original work or publish a paper with your professor in an academic journal (wow what a great idea!!!!!)
Have you created a website, weblog, twitter or other social media that reflects your interest in accounting or finance?
Are you a student member of an accounting organization. Given the social distancing right now everyone is meeting on line, see Professorelam blog for April 16 IMA meeting.
Are you considering an accounting certification?
CPA requires 150 Hours of college and four exams.
CMA CIA EA can be taken with an undergrad degree. I have links to all these on the Professorelam..typepad.com
CMA is two exams, CIA is three. You have a designation after passing the first part of CIA.
CFE is another option and study at tome. I suspect it is easier than the others.
If so have you joined the organization, and picked your review materials, and begun studying simultaneous with your classes?
And you can examine the laundry list of other specialty certifications, again professorelam weblog, bank examiner, divorce cert (yes there is one!) for ideas.
Explore the internet.
Here are 34 professional certs for accounting
https://accountantsaccelerator.com/34-professional-certifications-accounting-tax-audit/
Robert Half on certifications
In researching this here is an organization I did not know about San Antonio Association for Financial Professionals
Thursday April 2 202
Our speakers will be Neal Juern of Juern Technology presenting "IT Lessons Learned So Far from Covid-19" and incoming President of the IMA Texas Council Tanya Thirlwell presenting "Cultivating a Bias-free Workplace."
To help your budget, this meeting is offered completely FREE - but you DO need to register at http://SanAntonio.IMAnet.org!
We will also briefly discuss IMA's new, 9 hour self study course – IMA Data Analytics & Visualization Fundamentals Certificate. The course is FREE to members! It's a great way to become conversant in a hot topic across industries!
The chapter is putting together a group of folks who would like to hear a little bit of explanation on the topics from a power user. If you are interested, contact the chapter at SanAntonioIMA@gmail.com.
Mike Lovelace, MBA, CMA, CPA, CISA
Monday March 30 2020
Here is the latest from the Texas Comptroller on student debt.
Note the phrases used
loan transparency
a limit of no more than first year salary
financial literacy
but nowhere do you see anyone tackling the real roblem fixed costs at Universities totally out of control
https://comptroller.texas.gov/economy/fiscal-notes/2020/mar/studentloan.php
Monday March 23 2020
Here is the correct link to access Gleim Audit Questions
https://www.gleim.com/?promoID=PLED-TAMU-SA-SPR(20)-ACCT-4311