• Professor Elam

    Wednesday August 3, 2016

    Yes it costs $55. With that out of the way, why should you consider attending.

    It is a great program all about fraud and lie detection.

    It will be the chance to take your business card of introduction and network with IA professionals all during the breaks between speakers. Remember in the job market it is not what you know it is WHO you know. I expect some 200 of the 650 members will attend.

    And  nice lunch is included.

    Yes I will be going.

    It will be at the La Quinta on I 10 near the Medical Center.

     

    Learn more about SA IIA at the chapter link

     

    https://chapters.theiia.org/san-antonio/Pages/default.aspx

    Member Appreciation Seminar – Linguistic Lie Detection:  Words Never Lie but People Do

    Registration Link: https://www.eiseverywhere.com/ehome/index.php?eventid=193333&

    Date: Wednesday, September 21, 2016
    Time: 8:30 am – 5:00 pm
    Location: La Quinta Inn & Suites Conference Center (4431 Horizon Hill Blvd., San Antonio, TX 78229)

    Learn the techniques used by FBI profilers. Gathering truthful information is an integral part of any corporate environment. How important is it for us to learn the truth from our employees, managers, and clients? This overview presents how linguistic lie detection is used in business, audit, and investigative areas to help you become more effective in all your business communications. As a session participant, you’ll learn the basics of information gathering and how to interpret the information you receive. You’ll also learn how linguistic lie detection techniques can be applied to a variety of high-profile media cases to illustrate examples of deception including:

    • How to determine if a person is speaking truthfully or untruthfully.
    • How often deception is used in the workplace.
    • Specific linguistic triggers that indicate deception.
    • What types of questions produce the most effective responses?
    • How linguistic lie detection is used for human resources, audit, and investigative areas.

    Instructional delivery method: Live Group
    Field of Study: Auditing
    CPE credit(s): 8
    Prerequisites:  None
    Program level: Basic

     

  • Professor Elam

    Monday July 25, 2016

    hHIllary has the advantage of all of Obama's Big Data research, plus what has been garnered since 2012.

    Trump on the other hand dismisses the importance of this. Apparently he thinks he can twee his way to the White House.

    This is another example of the problem of a political novice. He is not in touch with the way Amazon is pulling ahead of brick and mortar retailers.

    It is hard to see how he can spot Hillary the advantage of linking social media to individual tastes across thousands of voters in swing states, and still win.

  • Professor Elam

    Thursday July  21, 2016

    Jimmy's Egg is anothe innovation iover coming the long hours of most restaurants. Screen Shot 2016-07-21 at 11.55.10 AM

    This franchise is typically located in a a suburb in a low cost by pleasant location. They only offer breakfast and lunch in a sit down waitress oriented fashion. This solves the help problem and limits the menu.

    Lunch is pretty standard burgers, sandwiches along with traditional chicken fried steak and such.

    Breakfast reminds me of the sort of Chinese menu  in that you can  build your own breakfast.

    Again this is another example of a business plan which eliminates a lot of problems.

  • Professor Elam

    Thursday July  21 2016

    Here is another example of a restaurant that has overcome many of the problems of a typical restaurant.

    It is in downtown Odessa, which is not well served with restaurants. I see they dropped breakfast, which they tried for a while, and are now back to the original 11 AM – 2 PM Monday thru Friday schedule. That is right, no night time work, no weekend work.

    A basic idea of maunfacturing is building multiple models from the same platform. Henry Ford's Model A was offered in sedan, convertible, and pickup truck versions all off the same chasis.

    Burgers work the same way. Screen Shot 2016-07-21 at 11.44.23 AM

    Visit the site by clicking here.

     

    Further down the menu I see six different basic burger offerings. These are supplemented by some nine different extras, each at a price. So one can design one's own unique burger.

    A basic formula, daylight hours, and home for the weekend. Now that is innovation.

  • Professor Elam

    Thursday July  21 2016

    The  Old San Francisco Steakhouse off San Pedro in San Antonio is no longer a restaurant.

    The owners realized a market exists for meetings only out side of hotels. Now the venue

    is only open for meetings. This solves most of the existing problem of running a restaurant.

    See the previous example of Miss Mary Bobo's. San Antonio Institute of Internal Auditors now has

    all of our board and monthly meetings here. Management knows the number coming and only has one version of the meal to prepare. This is in contrast to a restaurant where the number coming is unknown and the menu is varied.

    This virtually eliminates waste and spoilage. And I am guessing, I will inquire, that without the overhead of a hotel, SFS is able to offer lower cost meals.

    This is a great example of Total Quality Management in action. The same venue now makes a higher profit with less waste.

    is Screen Shot 2016-07-21 at 11.29.14 AM

  • Professor Elam

    Thursday July  21 2016

    Here is an example of what I mean about articles illustrating managerial accounting.

    This blogger explains why Texans love Whataburger.

    When Harmon Dobson began what would become the chain in Corpus Christi in the early 1950s, he wanted Screen Shot 2016-07-21 at 11.19.45 AM

    customers to say, what a burger when it took two hands to move it to their mouth.

    He was a pilot and so hit on the idea of an easy to spot orange and white color scheme.

    Today Whataburger is still a private company but has moved to our own San Antonio on 281 in the

    Concord Plaza.

  • Professor Elam

    Thursday July 21 2016

     

    The New Horizon Spacecraft traveled some three billion miles over  a ten year period to send back this photo of Pluto. Screen Shot 2016-07-21 at 7.49.15 AM

    Click this NASA site to learn more.

  • Professor Elam

    Wed July  20 2016

    Here is an example of observing managerial cost accounting in action. Read about the $50 smartphone. Amazon sells the blu R1 HD for 50 bucks but you do get the advertisements. Battery life is great,camera only soso wiht 720 p rather than 1080 p. But with other high end phones selling for hundreds of dollars, what's not to like? Screen Shot 2016-07-20 at 6.54.31 AM

    Click here to see the phone on Amazon.

  • Professor Elam

    Monday July 18, 2016

    Here is the on line version of Gleim's very helpful guide in the study of accounting.

    https://www.gleim.com/accounting/students/

  • Professor Elam

    Monday July 18, 2016

    Our friends at Gleim have provided this link which updates the coming changes in the 20216 and 2017 cpa exam.

    The changes for 2017 are EXTENSIVE!

     

    https://www.gleim.com/accounting/cpa/new-cpa-exam-changes-for-2017.php