• Professor Elam

    Monday Nov 12, 218

    Meet the President of Aston Martin America

     

    Laura Schwab

    yep a female, how about that for busting the glass ceiling?

  • Professor Elam

    Monday Nov 12, 2018

    A TAMUSA accounting student was selected as a winner of last year SS scholarships.

     

    In 2005, we established the Sol Schwartz & Associates, P.C. Accounting Scholarship Award to commemorate the 25th anniversary of our firm. Each year since then, we have been presenting an annual scholarship of $2,500 to an outstanding accounting student in San Antonio. In 2016, we increased our scholarship to $5,000.  We are constantly striving to make our scholarship program more accessible to students to use for their education, which is why we have changed the time frame of our scholarship for 2019. 

     

    We would appreciate your assistance in promoting our scholarship.  I have attached an application form for you to distribute or you can download a copy of the application form by visiting our website under Careers/Scholarship/Download the 2019 Scholarship applicationThe deadline for applying is Monday, April 15, 2019, finalist interviews will be conducted in late April 2019, the winner notified in May 2019 and the check presentation in early August 2019.  Students should mail the application and proof of current registration to:

     

                                                              Sol Schwartz & Associates, P.C.

                                                              Attn:  Tracey Cifone – Director of Marketing

                                                              8000 IH-10 West, Suite 1100

                                                              San Antonio, Texas  78230

     

     

  • Professor Elam

    Friday Nov 9, 2018

    The JP Morgan Securities Information event for students is scheduled on Nov 14th (Wednesday) 5-7 pm at the STEM
    building room 242
    . The room is a large classroom with a capacity of 95. This wasn’t my preferred option but the Vista Room or the President’s Casa and even the large classrooms at CAB were not available at that time. I don’t expect any faculty to attend (unless you want to). However, I need enough students to fill up the room. So far I have only two students sign up.
     
    To keep track of students signing up, I’ve created a doodle pool. Please forward/post the link so that the students can sign up: https://doodle.com/poll/5kanksez9b772ye3. I would really appreciate if you can send your class, especially students enrolled in the senior level (43XX) Accounting or Finance classes. Please encourage them to attend and if needed, give them some extra credit to ensure they attend. We really need to have a good student turn out.
     

     

  • Professor Elam

    Tuesday Nov 6 2018

    Click here to learn about changes in the CPA exam for 2019

     

    This is a summary by Rogers CPA Exam Review.

  • Professor Elam

    Tuesday Nov 6 2018

    I am following up on the invitation to attend our meeting on November 15, 2018.   If anyone is interested please send an RSVP to Mike@Aquillix.com or josie.hernandez01@gmail.com.  The school with the most students in attendance will be showcased in our Linkedin Group, San Antonio Chapter of the IMA, www.linkedin.com/groups/2122350
     
    Also, the CMA scholarship window is open through June 2018.  As a professor you can add your own requirements for your students.  If you decided to add your own requirements, please let me know what they are, to ensure I pass that information as students inquire.  
     
    If you have any questions, please feel free to reach out.  
  • Professor Elam

    Monday Nov 5, 2018

     

    for many years I have posted Emerson's essay on gifts prior to Black Friday, the annual shopping extravaganza that officially kicks off retail insanity. It used to be that Christmas Season did not officially start until after Thanksgiving. Yet I already see electronic trees and other stuff at Costco. So in  a desperate plea for some sort of sanity I am posting the Essay in early November.   I will be asking my classes to reflect on this 1844 essay which is surely as relevant today as then.

     

    An example of what I mean here

    Jingle All the Way

     

    Emerson's 1844 Essay on Gifts

    https://www.bartleby.com/90/0305.html

     

     

    An analysis of Gifts

    https://thewolfereview.com/2017/10/09/the-meaning-and-symbolism-behind-gifts-ralph-waldo-emerson/

     

    http://americanaejournal.hu/vol11no2/litwicki

  • Professor Elam

    Tuesday Oct 30, 2018

    Screen Shot 2018-10-30 at 4.22.02 PM

     

    Transports lead so here is the chart. The DJIA and SPX recorded inside days.  Here the Transports had a nice 2.82% rally. PMO at bottom has yet to exhibit an upside cross over.

  • Professor Elam

    Only 16% of SPX stocks are above their 50 day Moving Averages

    The market has returned to the oversold bottom last seen in February.

    Screen Shot 2018-10-30 at 7.26.18 AM

     

    Summation indices still falling. NASD means tech stocks and they roared to new highs and have been hit hardest as a group on the sell off.

    New lows are still 8-9x new highs. And October finally comes to an end tomorrow. But the election next Tuesday is surely a wild card in how this ends.

    Screen Shot 2018-10-30 at 7.28.37 AM

     

    NYSE sets lower low on the reversal yesterday

    Screen Shot 2018-10-30 at 7.38.05 AM

     

    SPX looks better but no turn up in the PMO indicator at bottom on this chart as well

     

    Screen Shot 2018-10-30 at 7.39.25 AM

  • Professor Elam

    Monday Oct 29, 2018

    On Thursday, November 15, 2018 we will be having our next networking dinner meeting. For both sessions, Lawrence Coffee and Mike Lovelace from Aventine Hill Partners will be discussing Business Intelligence and the amazing kinds of actionable information available to executives and leaders via desktop dashboards.

    Microsoft Power BI is the topic. As we all know Excel is a big deal in the business world, It is a highly desired skill set for business in any industry. Power BI combines the functionality of Power Query and Power Pivot with Excel.

    Many believe this is where the future is headed. It's used for data analytics, predictive analytics and trends. This wold be a great opportunity for Academics and Students to be introduced to a new system that many believe will be an integral part of business just as Excel is today.
     
    I encourage you to share this with your students. We will be inviting local recruiters and professional members will also be available to network with. We are striving to have two to three students from each campus attend. This is the best way we can continue to provide resources to students.

    Date: November 15, 2018
    Place: The Old San Francisco Steakhouse at 10223 Sahara Dr., 78216. 
    Time: Networking from 
    5:30-6pm; Dinner and Speaker 6-8pm
    Admission: 
    $27 for non student members and guests; $17 for students.   
    RSVP: Mike@Aquillix.com  
  • Professor Elam

    Monday Oct 29 2018

    FASB addds SOFR for interest rate hedging.

    SOFR is the Secured Overnight Financing Rate.  This is being done after revelations that the LIBOR London Interbank Overnight Rate

    was manipulated by fraudsters.

    Reading the WSJ is one of my twelve steps to Conquer Accounting. I linked to another source but spotted the news in the WSJ today.