Ridout Barrett CPAs Tony Ridout has visited and addressed our students many times. We have placed graduates with Ridout for several years.
Financial Consulting Firms
Aventine Hill Partners, Inc. Beth Hair CEO founded Aventine in San Antonio in 2009. The firm now has offices in Dallas, Austin, San Antonio, and Houston. She formerly was with RGP.
Resource Global Professionals Susan Hough has been to campus and spoken to our students. She is the San Antonio Manager of RGP. RGP and Aventine are not CPA firms. Instead they offer contract specialists for firms needing specific tasks such as compliance or Controllerships.
Acounting Today This is an independent site for accounting news regarding firms and current issues.
Certified Information Systems Auditor CISA Now that everything is literally on the computer and cyber security becomes a prominent issue, I see more and more accounting professionals with this designation. Previously known as the Information Systems and Audit Control Association, it now goes by the acronym ISACA.
Institute for the Study of War The Institute for the Study of War advances an informed understanding of military affairs through reliable research, trusted analysis, and innovative education. We are committed to improving the nation’s ability to execute military operations and respond to emerging threats in order to achieve U.S. strategic objectives. ISW is a non-partisan, non-profit, public policy research organization.
Stratfor This Austin, TX based site was begun by an ex Texas State Professor.
The cash flow statement lets us know if a company is generating sufficient cash to service its investing and financing needs.
One has to wonder how this is going to work out for Exxon Mobil.
The column at left is 6/30/16, then 3/31/16, then 12/31/15, 9/30/15
Now just look at the famous 'bottom line' XOM has only had one quarter when it generated cash above its needs. Granted that quarter is more than the red ink in the other three. But notice XOM had to borrow $4.3 billion in the financing section to generate that cash. So frankly, XOM cannot forever borrow its way to cash flow.
The three billion in dividends is a big draw down every quarter and something the Directors will be loathe to cut.
Bottom line, will increased oil prices be enough for operations to outpace spending?