Professor Elam

Accounting & Investing Info for San Antonio A & M

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  • Professor Elam

    Apply for Fifth Year Scholarship

    Thursday Oct 5 2017

    Hello Accounting Department,
     
    I wanted to share the attached flyer and application for the Fifth Year Accounting Scholarship.  For 2017-2018, we have received a $3000 allocation, and currently do not have any applicants that fulfill all of the requirements. Would you please share this information with your students and colleagues? Please let me know if any additional information is needed.  
     
    Respectfully,
     
    Marisol Lopez 
    Scholarship & Grants Coordinator 
    Texas A&M University-San Antonio
    One University Way
    San Antonio, TX  78224
    Office: 210-784-1321
    Fax: 210-784-1490
     
    Only students who will be CPA eligible can apply. E mail Marisol for the application, I am unable to attach  it to typepad.
     

     

  • Professor Elam

    CIDA Certification

    Thursday Oct 5 2017

    Here is another certification that is new to me, but not surprising.

    Certified Investment and Derivatives Auditor CIDA.

    This is a four hour multiple choice exam. I see there is a three day prep course and material available to study.

    This is yet another example of the growing importance of certifications.

  • Professor Elam

    TAMUSA Students Attend September SA IIA Meeting

    Tuesday Sept 26, 2017

    Four TAMUSA students attended the September monthly meeting of San Antonio Institute of Internal Auditors. Here

    they pose with Glenn Purchow and the guest speaker from KPMG. DSCF2915

    Front Row Left to Right

    Juanita Garcia, Nohemi Tobin, Nicole Adkins

    Glenn  Prochnow, President Elect and Speaker from KPMG

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    DSCF2890Jennifer Dirks at left  with her friend Sarah Rendon at right

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Nicole Adkins visits with Javier Reyna, VP of Auditing for Jefferson Bank. DSCF2887

  • Professor Elam

    SA CPA Accounting Careers Workshop Last Day to Sign Up

    Tuesday Oct 3 2017

    Today is the requested deadline to send in your list of students attending the Accounting Careers Workshop this Friday, October 6. E-mail any names you have not already sent to amanda@sacpasociety.com.
     
    For a list of sponsoring organizations who will have recruiters on hand to talk to your students, go to http://ow.ly/hGRh30fBISb.
     
    And, if you want to offer extra credit for attendance, please notify amanda@sacpasociety.comtoday for separate student sign-in procedures.

  • Professor Elam

    Ethics Among Children, Careful What you Wish For

    Thursday Sept 21, 2017

    This is the result of a study of 150 3 and 150 5 year olds.

    The children were told they were smart, and then asked to identify the next card that would be pulled from the deck.  They were told that six correct guesses would result in a reward.

    When left alone, cameras revealed those that were the most praised were the most likely to cheat, looking at the cards ahead of time.

    This reflects the accuracy of one of the corners of the fraud triangle. And that is when urged to reach a goal, individuals are likely to cast aside ethical considerations to reach the goal.

  • Professor Elam

    Accounting Tutor

    Wed Sept 20, 2017

    The tutoring center has hired a business tutor who can tutor students in ACCT 2301, 2302, 3301, 3302; ECON 2301, 2302 and FINC 3337. She is one of our students. She will start from next Monday, September 25. See her schedule below and the list of courses she is able to tutor. Please share the information with your students in these classes.

     

    Sylvia Bolles

    		          

    TAMUSA Business Tutor

    		        

    Subjects Tutored:

    		          

    ACCT

    2301

    2302

    3301

    3302

    		    

    ECON

    2301

    2302

    		        

    BUAD

    3301

    		          

    FINC

    3337

    		          
                 

    Availabilty:

    		            
                 

    Monday

    01:30pm – 04:30pm

    		      

    Tueday

    03:30pm – 05:00pm

    		      

    Wednesday

    03:00pm – 06:00pm

    08:00pm – 09:00pm

    Thursday

    03:30pm – 05:30pm

    		      

    Friday

    01:00pm – 04:30pm

    		      

    Saturday

    10:00am – 03:00pm

    		  

     

  • Professor Elam

    Why They Do It

    Tuesday Sept 19, 2017

    Why They Dot It is a look inside the mind of the white collar crimiminal.

    Screen Shot 2017-09-19 at 3.28.13 PM

     

    The author discusses theories for such action. He interviewed Bernie Madoff many times and comments on his abstraction and attempts to rationalize his behavior. This is highly recommended for those interested in the why of Fraud.

  • Professor Elam

    Toys R Us Files Chapter 11 Bankruptcy

    Tuesday Sept 19, 2017

    Another specialty retailer has sought Chapter 11 Re Organization protection. Long the go to shop for kids toys, it is still the second largest toy sell

    behind Amazon. There are several terms to learn in this article.

    First why did a big retailer go bankrupt?  As is so often the case a debt infused takeover by KKR simply saddled the firm with too much debt.

    Next, competition from on line retailers dented the marketing plan.

    Notice Toys has secured 'debtor in possession' financing. Toys is running its own Chapter 11 not an outside trustee.

    Chapter 11 is a filing in which the bankrupt continues to run its own business. In  a Chapter 7, the former owners are out and a trustee takes over to liquidate the firm.

    This means the suppliers can be assured of being paid, a problem for Sears and now twice bankrupt Radio Shack.

    Usually the common stock holders get nothing and the bond holders become common holders are have to wait much longer to be paid.

     

  • Professor Elam

    100 Saturn Images

    Weekend Sept 16, 2017

    100 Images of Saturn from the Cassini Mission

    Screen Shot 2017-09-16 at 3.32.33 PM

  • Professor Elam

    Only Bank Prosecuted over 2008 Financial Crisis

    Friday Sept  15, 2017

    An alert TAMUSA accounting student found this interesting Frontline video.

    It is about the only bank prosecuted over the 208 financial crisis.