• Professor Elam

    Weekend Feb  3 2013

    Euan Wilson  provides a good explanation of of the study of social mood in this interview. 

    I would like to work with any student interested in exploring how socionomics, the idea that endogenously generated mood affects trends in society. This has particular application in both finance and marketing as well as management. 

  • Professor Elam

    Sunday Morning Feb 3 2013

    Three students in the ethics class alerted me that Blackbaord is down. If it is down I cannot send an announcement on it. Clearly no student will be held liable to do something that cannot be done. If BB is down you cannot post, try back a few times, I am sure it will be back up in the next day or two. But don't sweat a deadline of today, if it is up by tomorrow that is fine. No doubt many of you have super bowl party plans later today. 

  • Professor Elam

    Weekend February 2 2013

    The movie High Noon takes place in real time, the clock ticks down as the desperado determined to do in the sheriff who sent him to prison returns. 

    The tv series 24 also took place over 24 hours, stretched across 24 nail biting episodes. 

    The Confession takes place on Christmas Eve.

    The Dinner  also takes place in real time. The novel was written by  Dutch actor who did not have much success with previous attempts. The story is narrated and takes place over five hours in a Dutch restaurant. The discussion involves a horrific crime and the families involved. I have not read the book but plan on it. 

    The Dinner is now selling millions of copies in various countries. I asked the Ethics class to write on The
    Screen Shot 2013-02-02 at 8.23.05 AM Confession. The reason was that the plot drew the viewer in so quickly. And it does not lack for ethically challenged characters.  Apparenlty that is the case for The Dinner as well. 

    Communication is the most important part of accounting. Drawing your readers to attention takes real talent. I draw your attention to these books and movies that do so as well. 

     

  • Professor Elam

    Thursday January 31 2013

     Your sales and support team forwarded your inquiry to technical support. I wanted to let you know that the display view for all students in the following courses has been corrected:

    * Intermed Acct I (T&R) – Course Key: E-TWQN3AFX4Q8AE *

    Intermediate Acct I (M&W) – Course Key: E-TWQNPDHRH26E9 *

     Intermediate Acct. II (T&R) – Course Key: E-TWQN4Q2AZAX43

    What this means is that your students have a single course listing with an open button (instead of more than one open button leading to CengageNOW). Additionally, any prompt to pay has been removed. You still have a small number of students who have not yet registered–once they register the codes we have provided them, they too will have this corrected view of the courses they are part of. These students still need to register with CengageNOW: E

    -TWQNPDHRH26E9 ACCT 3311 MW 800 2451

     Beard,

     Shelia Garza,

     Charles Hill,

     Jeremy Olinick,

     Jenna Salazar,

    Stephanie

  • Professor Elam

    Thursday January 31 2013

     It's that time of the year again, we need nominations for the Accounting Student of the Year. OUr past winners include Arturo Villareal, Ericka Martinez, and Remi DeLouche.

    We are looking for students who not only display academic ability but have been active on campus. The winner will have his or her name inscribed on the plaque and accompany me to the Awards Ceremony at the Oak Hill CC later this semester. Students need to be taking a 4000 level class at this time to be considered.

    YOu can obtain a form from your professor or right here at my Office 181 directly behind Cynthia and Renee.

  • Professor Elam

    Wednesday January 30 2013

    IBM partners with Waterfund to create a new global water index. This wil reflect the actual cost of producing water. Now wter is priced under its cost.

    We are studying derivatives in class. Here is another creative used of a derivative. No doubt this will lead to a water futures contract as well as a water ETF. And if IBM is involved you know this is a serious matter.

    This is the perfect examplle of why we are studying derivatives, expect more creative uses of these instruments in the future.

  • Professor Elam

    Monday January 28 2013

    Space station Commander JUanita Williams gives a tour of the Orbital Laboratory. 

    She is ine a weightless environment, floating around, and interestingly wearing shorts and socks. 

    She has a nice head of hair, I wonder how you cut and capture long hair in outer space?

    It looks like the world's most expensive camp out. 

  • Professor Elam

    Monday January 28 2013

    Hi Dr. Elam I wanted to confirm that the e-books for both Acct 3311 ( has been on the site since 1/14) and Acct 3312 are now live on the Office Depot site. If any students need assistance in placing their orders or logging in with the access please refer them to me. I do apologize for any delays this may have caused students. Again I am here to help the students in way I can. I have late hours on Tuesdays from 10-7.  

     

    Best Regards,

     

    Michelle Martin

    E-Book Program Coordinator

    Texas A&M University-San Antonio

    (210)784-2307

    mmartin@tamusa.tamus.edu

    www.tamusa.tamus.edu

     

  • Professor Elam

    Monday January 28 2013

    I have emphasized the numerous and diverse accounting certifications available. To that end I have delivered Continuing  Professional Education to both the San Antonio Institute of Management Accountants as well as their Texas Council and a national committee. A member of IMA has reminded me fo this scholarship opportunity. Note you must join the IMA. 

    ____________

    The Institute of Management Accountants (IMA®), the world’s leading organization dedicated to supporting accountants and financial professionals in business, is accepting applications for its scholarship programs: The Memorial Education Fund (MEF) and the Stuart Cameron and Margaret McLeod Memorial Scholarships, now through February 15, 2013.  Interested students can download an application form at IMA’s website athttp://www.imanet.org/PDFs/Public/Scholarships_Rewards/2013Schl%20MEF_SCMS_Flyer.pdf

    Any IMA student member who has not previously received an IMA scholarship is encouraged to apply. MEF Scholarships are given at both the undergraduate and graduate student levels, and are based on academic merit and strength of outside recommendations, among other criteria. The scholarships carry awards ranging from $1,000 to $2,500.

    In addition, any student who applies for an MEF Scholarship is automatically considered for the prestigious Stuart Cameron and Margaret McLeod Memorial Scholarship. This scholarship, which carries a $5,000 award, is given to one individual among the entire scholarship application pool who exemplifies excellence in all eligibility criteria. The award also includes lodging, transportation, and registration to IMA’s Annual Conference & Exposition in June and the IMA Student Leadership Conference in November.  

    The Stuart Cameron and Margaret McLeod Memorial Scholarship is bestowed annually by the Stuart Cameron McLeod Society (SCMS).  Founded in 1934, SCMS is a special membership community within IMA whose members share a long history of service to IMA.

    The deadline to submit scholarship applications is February 15, 2013; winners are announced on or before April 30, 2013.   For complete information and application forms, please visit athttp://www.imanet.org/PDFs/Public/Scholarships_Rewards/2013Schl%20MEF_SCMS_Flyer.pdf.

     

    Please note that to be eligible to participate in any of these awards, students must be IMA members.  Also, note that IMA is currently offering a limited time $25 (normally $39) new student membership opportunity available through February 28th.  Go tohttp://www.imanet.org/ima_student_programs/student_membership.aspx?hq_e=el&hq_m=1175258&hq_l=4&hq_v=7f92483fb1.  The discount code is  STUMEM2513.  For more information about IMA, please visit www.imanet.org.

     

  • Professor Elam

    Monday January 28 2013

    It is 8:33 AM and I have just concluded reading scanning underlining the Monday WSJ. How many TAMUSA business students did that I wonder?  here are a few things I learned or  caught up on. 

    • The US lead from behind strategy continues to embolden terrorists, they studied and had knowledge of the plant from unskilled workers, a bit better intel and they could have blown up the plant. 
    • A few years back San Antonio was named one of the fattest cities in America. This makes SA ground zero for diabetes research. More American kids face the risk of Type 2 Diabetes. Observation, where are the plans to use our gym at Brooks to encourage physical fitness/
    • Another Armstrong Charity cuts ties to Lance, too bad, Athletes for Hope was organized to convince athletes to work with existing charities rather than start their own. 
    • Attitudes harden in Washington with Obama's picks for his Cabinet and posts. The WSJ notes that Treasury Designate Lew came from Citicorp, one of the worst performing banks that Obama says was the problem. 
    • L Gordon Crovitz notes that Milton Freidman warned Silicon Valley of getting involved with the government, now the government complains of excessive Silicon Valley lobbying. 
    • Will South America ever deliver the living standards of their commodity rich continent to its citizens? Mary O Grady writes an excellent column on South and Central America every monday Today she presents the idea of Direct Distribution Mechanism which would move oil revenue to citizens rather than through the government. This past year to win re election Chavez boosted government spending to 50% of GDP, ouch. 
    • Engineers of Victory a book review describes how lesser known figures conquered the logistics of WW II. 
    • Taxes matter as the article Mickelson and the Sports Start Tax Migration shows. A significant number of sports starts now reside outside California, I mentioned this last week. 
    • France lacks the air and navy support to get its troops to Mali. Observation, the opposition in Mali probably reads the WSJ. 
    • Heard on the Street on page C 8 is particularly interesting. It describes how various grades of oil are priced depending on where produced and the logistic difficulty of getting it to market. We are discussing futures and options and their pricing in class, anyone interested?

    Every day a student tells me he or she wants to be a CPA. I have designed an intermediate accounting program to get you there, but you have to embrace it, dive into it, and make it your own.