Accounting & Investing Info for San Antonio A & M
ruesday June 18 2013
Here is a vigorous debate on Apple's future. Three reasons why Apple has seen its best days versus this is just a normal consolidation.
Earnings matter and the period of giant earnings growth appears to have ended. Is Apple an dor Rackspace now where MSFT was in Year 2000? Please sound off.
6/18/2013
Pass the CMA Exam! Gleim Publications; Dallas-Fort Worth Area IMA; and Ronald Schmidt, CMA, CFM, have partnered to provide CMAPrepCourse, a live CMA review course with web delivery options, in the Dallas-Fort Worth area. This comprehensive CMA review course is specifically designed to help you pass the CMA exam in 2013.
This review course will be held live at the University of Dallas in Irving, TX and is also available online to students from the region. The CMAPrepCourse consists of eight sessions and includes an additional final cram session, which will take place live in multiple major metropolitan areas within the region, at the end of the course. Part 2 begins on June 29, 2013, with classes on Saturdays from 8:00a.m.-12:00p.m.
The course is designed to give candidates the tools, information, and knowledge necessary to pass the CMA exam the first time. This course is unique to the area in terms of its affordability, flexibility, and the one-on-one attention that participants will receive from instructors with a proven track record of success.
If you are a candidate who wants to pass the CMA exam quickly and appreciates the added value of a live instructor, go to http://cmaprepcourse.com/enroll/ and register now.
For more information, call Ronald Schmidt at 855.PASS.CMA (855.727.7262) or email info@cmaprepcourse.com.
Already certified? Forward this opportunity to your noncertified peers, as we want to help them get certified in 2013 as well.
Thank you, and have a great day!
Tuesday June 18 2013
The Texas Comptroller has announced the Sales Tax Holiday is moved back a week. Notice the emphasis this gets. Now if repealing sales taxes for a few days stimulates, sales, imagine how much a general tax reduction would increase sales! Why not less government, less taxes, more sales? Hello Milton Friedman
August 9-11: New 2013 Sales Tax Holiday Dates
The recent passage of Senate Bill 485 (83rd Regular Legislative Session, 2013)changes the dates of this year's annual Sales Tax Holiday to Aug. 9-11, a week earlier than previously scheduled. The law became effective immediately.
The Sales Tax Holiday gives Texas shoppers a break from state and local sales taxes on most clothing, footwear, school supplies and backpacks priced under $100. Shoppers can save up to $8.25 for every $100 they spend.
Publication 98-490, Sales Tax Holiday/Tax-Free Weekend and Rule 3.365, Sales Tax Holiday – Clothing, Shoes and School Supplies tell you what you need to know.
Tuesday June 18, 2013
Here is a short article on the ten worst majors in trems of finding a job.
At most colleges of business 50% or more of the enrollment is in management or marketing. This is a really a moniker for psychology, understanding why people do what they do and trying to persuade them to do what you want. Nothing wrong with that but Dale Carnegie wrote the seminal book on that in How to Win Friends and Influence People back in the 1930s.
What one needs are specific skills, note the word quantitative. And nothing speaks to skills accomplishment more than a certification in field. This is why we have that assignment for Blackboard.
I will say that a bit os exposure is these fields is excellent. I have advocaated a business history class but no luck. I learned a great deal in my Psy 301 class but I read the entire 800 page book, attended every lecture n the class of 400 and made an A. Ditto my class in Diplomatic History Since 1890. You get out of it what you put in.
It is not too early to pick your certification preference and start studying. We have review books for
CPA
CIA
CMA
Weekend June 16 2013
I am not sure why so many magazines are obsessed with lists. I stopped reading Forbes when they became the never ending list of 100/400/etc. This month Fast Company has its 100 Most Creative People in
Business. I don't know that I agree with their findings but I did spot one who I think just picked a blog name to attract attention, yep it's Leandra Medine's Man Repeller.com. Asserting that it's a site about trends women love and men hate, since 2010 the sote has taken off to attract six figure readership. Meandra rates 92 on the high end out of 100.
Frankly the styles look about like what one would see in any fashion magazine. That's a $390 Givenchy Blazer at right, no price on the cut offs. But then the gal did spend four hours on the computer to find it, no bargain comes without sacrifice I guess.
At any rate Meandra has a book deal coming in September and a staff that helps write the blog now. Clearly I am way too mainstream with my blogs….So ladies, whaddya think?
Nate Silver who specizlizes in prediction polling is number one, Karl Rove and Dick Morris might consider giving him a call.
Weekend June 14 2013
Ruben Medrano posted this comment in regard to meeting locations for Toastmasters.
The meetings on main campus are currently just planning sessions, however we welcome everyone to come join us. There will be meetings scheduled at both campuses once we officially begin, especially since there has been expressed interest from other business college departments. Summer 2 planning sessions will be held at Brooks City Base.
Weekend June 15 2013
Crazy Eddie was one of the stand out fraud cases of the 1980s. It is featured in many accounitng ethics texts including Mintz and Morris. Here sam Antar holds forth on why audits are inadequate. Barry Minkowk, of ZZZZ Best Fame and now back in jail, pretty much said the same thing.
Be sure to read some of the comments. No doubt Sam like Barry and the original Carlo Ponzi thought a lot of how clever they were. But as he says, Madoff pulled off quite a scam.
Friday June 14, 2013
Ruben Medrano made this post in answer to a student inquiry about joining Toastmasters, Just to be sure I am reprinting it here so everyone will take note. Thanks Ruben! I must admit I am puzzled at the decision to have the meetings at Main Campus.
We have Toastmaster planning meetings on Tuesday evenings, 7PM, main campus library with Mr. Jenkins. You are more than welcom to join us as we move forward developing our chapter. Email me at mrmedrano@satx.rr.com or call or text 210-535-4543 and I will share with you contact info for the current club officers. You can also access Community at the campus main website and add yourself to the Toastmaster Group. Any and all can share the above information, please feel free to forward. Thank you, Ruben Medrano, Sr.
Monday June 10 2013
Last week we reported a Chinese firm bought the prestige British Yacht Maker Sunseeker.
Now another Chinese firm is buying the Israeli medical and cosmetic laser firm Alma Laser.
Why are the Chinese doing this? Answer to diversify into high tech medical and to buy the technology.
Why does this make sense? The Chinese will soon experience a huge drop in their labor force die to
their one child policy, ie, couples have not produced the requisite population replacement of 2.1 births per family. Their labor force is likely to shrink by 50 million over the next decade and there is nothing to be done about it. Switching from mass manufacturing to high tech will require fewer workers which is what they will have.
Monday June 10 2013
Joe Dupuy the accounting tutor can be reached at
210 784 1329 School
I just graded the quizzes from last thursday and thought this might be relevant.
MW 10 – 3 30
TR 2 – 5 30
Sat 9-2
In room 163
Professor Elam 