• Professor Elam

    Thursday Dec 5, 2013

    ACCT 3312 Saturday Dec 7, 2013 at 9:00 AM – Note the weather is expected to be quite cold so prepare accordingly and for once plan to leave your residence early to arrive on time

     

    ACCT 3311 MW will be Wed Dec 11 at 5:30 PM

    ACCT 3311 TR will be Thurs Dec 12 at 12:30

    ACCT 3312 TR will be Thurs Dec 12 at 4:00

  • Professor Elam

    Wednesday December 4, 2013

    ?Brianna Moltz, Staffing Manager with Accountemps and TAMUSA graduate dropped by my office today.   She mentioned that becoming an Accountemp is a great way of gaining needed experience in that famous real world. This would be a good avenue for those of you looking for that first accounting job.

    Robert Half owns Accountemps. Robert Half is  a publicly owned company specializing in placing finance and accounting professionals. They also do temporary placements via Accountemps.

     

    Brianna Moltz can be reached at  210 696 8300 or

    brianna.moltz.accountemps.com

  • Professor Elam

    Tuesday Dec 3 2013

    The Student Rating of Instruction (SRI) emails were sent to students today to their Jaguar email accounts. An announcement was also posted to Blackboard. Students can also access their SRIs via a link in Blackboard after they login. The SRIs are open now and will close at 5:00 p.m. on 12/6/2013.

    Students have two options to access their Course Evaluations (please feel free to copy and paste this information into a communication to your students:

    1.     Blackboardhttp://tamusa.blackboard.com/ Once you login you will see the "My Institution" page. Look for the "Tools" module. The course evaluation link is at the bottom of the Tools module. Click on the link for "My Course Evaluations – Please Complete" and you will be taken to your course evaluation links for each class you are enrolled in.

    2.     Student Jaguar Email accountsStudent Jaguar Email link. Once you login to your Jaguar account, you will see emails sent by TAMU-SA Admin. You should have received one email for each class you are enrolled in. Links to the course evaluations are contained in these emails.

     

  • Professor Elam

    Tuesday Dec 3 2013

    Here is one for the record books. Madoff's team of fraudsters placed recently printed 'audit records' in the refrigerator to cool down the paper fresh from the printer. Otherwise teh auditor might have been suspicious that the paper was still warm while purporting to be anolder record.

    We will be studying ethics this spring, Had it not been for the 2008 melt down, Madoff might still be perpetuating this fraud. 

  • Professor Elam

    Thanksgiving Day Nov 28 2013

    When we return from the Holiday, there will be one week left before Final Exams, In reviewing classes for the last examination, it was apparent that many of you have not read my post on Blackboard at the start of the semester. I inventoried TAMUSA Accounting Resources. This listing of various study aids runs some nine pages. Yet many of you were still not using them as of this past week. 

    For example in intermediate accounting you can access

    http://www.mhhe.com/spiceland7e

    Click on  student site, then you can pull down the indicator for which chapter you wish to study. A host of study aids present themselves from powerpoints to practice exams to flash cards. 

    In trhe Connect Site there is the Learn Smart section.This are flash cards with hints, excellent for checking your overall undersanding of the material.

    Notice there are also homework practice sessions I have posted under Connect which should reveal the answers to problems. 

    While students constantly ask for solutions to problems, just about every problem is solved right in the chapter under Concept Review. 

    Please be sure to take advantage of all these study aids as we head to final exams. 

     

  • Professor Elam

    Wed Nov 27 2013

    Consumer confidence fell to  70.4 from 72.4  a month earlier.  This helps explain the expanded Black Friday retail promotions one sees everywhere. But as a financial radio host remarked yesterday on Cavuto's show, confidence usually moves hand in hand with the  stock market. A confident public buys stocks. A less confident public sells them. This is the same message the internals of the market as well as public dissatisfaction with ACA have been sending. We suspect the higher the FED pushes stocks with its bond buying the more fragile the rally will be. 

  • Professor Elam

    Friday Nov 22 2013

    I have posted some or part of Ralph Waldo Emerson's famous essay on gifts the last several Christmas seasons. I have posted prior to the nutcase day otherwise known at Black Friday. On this day stores open at ridiculous early hours. Limited numbers of cut rate bgargains are offered to entice shoppers to the store.  To this sort of thing, Emerson said, nuts, but in a considerably more lofty tone. 

    He wrote these essays in 1844. . Tmes change, people do not. The only gift is a portion of thyself, it is a cold lifeless business when you go to a shop to buy me something, well put Waldo. 

     

    "Gifts"
    By Ralph Waldo Emerson.

    IT is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay, and ought to go into chancery, and be sold. I do not think this general insolvency, which involves in some sort all the population, to be the reason of the difficulty experienced at Christmas and New Year, and other times, in bestowing gifts; since it is always so pleasant to be generous, though very vexatious to pay debts. But the impediment lies in the choosing. If, at any time, it comes into my head that a present is due from me to somebody, I am puzzled what to give, until the opportunity is gone. Flowers and fruits are always fit presents; flowers, because they are a proud assertion that a ray of beauty outvalues all the utilities of the world. These gay natures contrast with the somewhat stern countenance of ordinary nature: they are like music heard out of a workhouse. Nature does not cocker us: we are children, not pets: she is not fond: everything is dealt to us without fear or favour, after severe universal laws. Yet these delicate flowers look like the frolic and interference of love and beauty. Men use to tell us that we love flattery, even though we are not deceived by it, because it shows that we are of importance enough to be courted. Something like that pleasure the flowers give us: what ant I to whom these sweet hints are addressed? Fruits are acceptable gifts because they are the flower of commodities, and admit of fantastic values being attached to them. If a man should send to me to come a hundred miles to visit him, and should set before me a basket of fine summer fruit, I should think there was some proportion between the labour and the reward.

    For common gifts, necessity makes pertinences and beauty every day, and one is glad when an imperative leaves him no option, since if the man at the door have no shoes, you have not to consider whether you could procure him a paint-box. And as it is always pleasing to see a man eat bread, or drink water, in the house or out of doors, so it is always a great satisfaction to supply these first wants. Necessity does everything well. In our condition of universal dependence, it seems heroic to let the petitioner be the judge of his necessity, and to give all that is asked, though at great inconvenience. If it be a fantastic desire, it is better to leave to others the office of punishing him. I can think of many parts I should prefer playing to that of the Furies. Next to things of necessity, the rule for a gift which one of my friends prescribed is, that we might convey to some person that which properly, belonged to his character, and was easily associated with him in thought. But our tokens of compliment and love are for the most part barbarous. Rings and other jewels are not gifts, but apologies for gifts. The only gift is a portion of thyself. Thou must bleed for me. Therefore the poet brings his poem; the shepherd, his lamb; the farmer, corn; the miner, a gem; the sailor, coral and shells; the painter, his picture; the girl, a handkerchief of her own sewing. This is right and pleasing, for it restores society in so far to the primary basis, when a man's biography is conveyed in his gift, and every man's wealth is an index of his merit. But it is a cold, lifeless business when you go to the shops to buy me something, which does not represent your life and talent, but a goldsmith's. This is fib for kings, and rich men who represent kings, and a false state of property, to make presents of gold and silver stuffs, as a kind of symbolical sin-offering, or payment of black mail.

  • Professor Elam

    Friday Nov 22, 2013

    Venezuela or in fact most of the countries in South America should be an economic paradise. Great weather, coastlines, a long growing season, natural resources, indeed a continent untouched by the World Wars of the last century. 

    But the continued love of socialism has remanded these to perpetually be the countries of the future, as has been said of Brazil my entire life. Worse, radical socialists (whoops an oxymoron, all socialists are radical) are being voted in by most countries. 

    Here is a view of what 2014 is likely to hold for the citizens of Venezuela.

    This is a great blog and still being written from Venezuela. You might want to bookmark it. 

  • Professor Elam

    Thursday Nov 21 2013

    I have discovered a couple of handy locations for self taught classes on software.

    The first is located on our very onw TAMUSA Library site.

    http://www.learnatest.com/LEL/index.cfm/learningCenter/computerSkills

    Or go to the TAMUSA Library site, then Online Databases, then select L from the A-Z list, then click on the first entry for Learning Center. Popular software is the tab for software, note there are many other selections.

    A second choice on line is

    gcflearnfree.org

    This is a free site with oodles of topics from social networking to apple computers.

  • Professor Elam

    Posted Wed Nov 20, 2013

    I recommended TAMUSA students apply for the scholarhsip awards by the San Antonio Petroleum P1000692
    Accountants this past June on this blog. Two TAMUSA students did so. The result was that TAMUSA garnered two of the five awarded. 

    From left Edward Rios and Elizabeth Faught accompanied by Mike Driver at right.