• Professor Elam

    Tuesday Dec 3 2012

    Wednesday before Black Friday, the big shopping day, as I have done the last few holiday seasons, I posted Emerson's wonderful essay, Gifts.  It has not garnered a single comment. 

    That's a pity. Many of you have first learned of Emerson in of all places, an accounting class. His wisdom spins on, take a look at Gifts, and then observe the mania that is the shopping season. 

    Times change but people don't. 

    The only gift is a portion of thyself, it is a cold lifeless business when you go to a shop to buy me something,

  • Professor Elam

    Tuesday Dec 4 2012

    More difficulties for American CPA firms auditing Chinese companies. have surfaced.  There seems to be a pattern of Chinese companies raising money, using American CPA firms as auditors, and then reporting losses. The SEC is pursuing them. 

    I frankly would not care to try to simultaneously please regulators in both China and Washington DC, there has to be an easier way to make money in the CPA business. 

  • Professor Elam

    Tuesday Dec 4 2012

    Apple  is one of those companies able to leapfrog its own technology. As this article suggests computers have gone from 

    occupying entire air conditioned rooms

    to desktops

    to laptops

    to the palm of our hand and now

    to what is likely to be head mounted displays we carry everywhere. 

    Google has displayed a such a device and patents have already been filed. The pace of tech is picking up as companies wedded to yesterday's tech of laptops are displaced by companies in the tablet arena. 

  • Professor Elam

    Monday Dec 3 2012

    Dennis, please encourage your students who are TSCPA/SACPAS members to join us this Thursday evening for our Holiday Open House and Reception – see attached flyer for details.  It’s honoring new CPAs and new members who are CPAs but student members are eligible to attend as well and could benefit from meeting our board and committee chairs.

     Members only and business attire, please. Plus they need to RSVP by the end of the day tomorrow, preferably.

     

    Thanks,

     

    Amanda Talaat

    Assistant Executive Director

    San Antonio CPA Society

    (210)828-2722

    amanda@sacpasociety.com

  • Professor Elam

    Monday Dec 3 2012

    This story caught my eye as it relates to the age group at TAMUSA. Student debt in the age 30-39 group is  soaring. Do not get caught in this trap. Be cautious. 

    My long term view is that the student debt bomb will derail the growth expectations of a lot of universities. Student debt is the only debt category growing since the 2008 meltdown. 

  • Professor Elam

    Monday Dec 3 2012

    Try as they might, MSFt has yet to dent the Apple juggernaut.   And then there is the Google Android Chrome juggernaut.  I see Google Chromebook for $249.

    A few years ago everyone assumed that Wal Mart and Dell and HPQ were here to stay. Now Dell and HPQ are in or near single digits for their stock price and MSFT simply cannot get traction with any new product. 

    It's tought to stay on top. Of all the players notice that Bill Gates was shrewd enough to exit early and not tarnish his boy wonder image as MISFT floundered. Mike Dell, the succession of CEOs at HPQ, and Steve Ballmer cannot say the same thing. It is very important to know when to exit. 

  • Professor Elam

    Monday Dec 3 2012

    At present only 9.43% of the students for Fall 2012 have responded. Please take time to do this. I cannot access your responses until after the grades are posted. 

    Texas A&M University-San Antonio
    Student Rating of Instruction Survey

    Dear TAMU-SA Student,

    Texas A&M University-San Antonio values the opinions and feedback of our students. With this in mind, we would like to encourage you to provide constructive feedback on the quality of instruction in your classes through the "Student Rating of Instruction" survey system, which is now open for evaluations.

    You have two options to access your Course Evaluations:

    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 accountshttp://www.hotmail.com. 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.

    Please note:

    • Surveys must be completed by 11:59 p.m. on 12/7/2012.
    • You will only be allowed to complete one survey for each class.
    • Evaluations are confidential, and faculty and administrators are unable to link student information with completed evaluations.
    • For assistance, email the ITS Help Desk at SAHelp@tamusa.tamus.edu.

    Thank you and best wishes to you for finals and the successful completion of your courses!

    The Office of Academic Affairs

     

  • Professor Elam

    Weekend Dec 2 2012

    A student asks my opinion of this article which quotes an A & M College Station 'political science' professor. My experience is that most of those types are much more political than scientific but….

    The Poli Sci Professor scoffs at the idea of a $10,00 degree saying it rests on large classes and professors lacking no surprise, his research credentials. He concludes, you get what you pay for?

    In the not so distant past that was true. But today, are you paying for an inefficient,  top heavy school structure that may include climbing walls and luxurious dormitories as well as professors that are everywhere except in the classroom. I had a few students who transferred from UT Austin to Texas State while I was there. One young lady said it was the smartest thing she had done for herself. Her largest class at Tx State was smaller than her smallest class at UT Austin. And those hot shot professors were often somewhere else delivering a lecture or raising money. She was stunned that she could visit with me rather than a teaching assistant. 

    What research really means is some sort of device that lands the School Grant Money. Period. By the way, in your college career who many professor authored academic journal research articles have you been assigned to read?  Have you ever read one at all?  Has a Professor ever reviewed such an article in class?  Just wondered. 

    One thing I know typifies the great research institutions of UT Austin and A & M College Station, there is no place to park. This matters to commuter students. 

    I am not a research focused professor. What you get from me on the other hand is

    a weblog linking what we do in class with the business world, this blog

    a weblog focusing on market analysis with readers all over the USA Canada

    I never 'lazy teach' using a power point done by someone else rather than attempting to explain problems in class and engage the student. 

    a Professor who is recognized at the meetings of SA CPa, SA Internal Auditors, and SA Management Accountants. I have delivered Continuing Professional Education to all of them. The advantage is that when you accompany me to such a meeting, I have raised the level of awareness of TAMUSA to those professionals. It's all about networking. 

    and this allows me to bring accounting professionals to campus as I have done. 

    A Research University requires huge expenditures for travel, access to data, and endless meetings which do not involve students at all. Rarely is the research demonstrated in class in my experience. All of this raise the cost of tuition and fees. Students who have transferred here from UTSA as it begins its Tier One Trek note that the cost of everything there has soared. 

    A few decades back there was no internet and large universities were the true repositories of information. Today that is not so much the case with our Global Village of Information on the internet.

    So what do you get at TAMUSA?

    Easy parking and a short walk to class

    Small classes I know you and you know me

    Access to professors

    Professors who are active in their business disciplines in San Antonio

    Hundreds of linked articles on a blog designed for you the student rather than articles designed to be read by other academics

    The same textbooks you would find elsewhere, 

    So yes you do get what you pay for, oh you wanted a Marching Band, well you're outta luck here….

  • Professor Elam

    Friday November 30 2012

    Here is the latest on how then CEO Apotheker at HP was too anxious ot make software deal.

  • Professor Elam

    Thursday Nov 29 2012

    We have noted that the Retama Ractrack in North San Antonio has not only never earned a profit, it has lost over $250 M since its inception. But new olwner Pinnacle Retama Partners LLC will be owned by a Las Vegas owned casino company. Apparently the idea is that racetracks in Texas will lobby the legislature to allow casino type gambling at the track. This in my mind raises the question, well then why bother with the overhead of the horses that just lose money anyway. 

    I saw an operaton like this in Hobbs, New Mexico. In somewhat bizzare fashion, the players were seated around a cyber table. There was no real dealer, the dealer was on an electronic screen as were the cards, now that is really trusting technology! At any rate this idea will go to the Texas Racing Commission December 18. Frankly this sounds like a long shot pun intended, to me.