Padgett Stratemann is now RMS As San Antonio becomes a bigger player in Texas Business, more national firms are entering this market. A national firm does not start from zero. RMS (https://rsmus.com/) purchased Padgett. This gives the buyer a large client base to start with. Typically the local partners have made a handsome profit on their time at the firm. But seeking to recoup the investment, the buyer typically raises fees knowing some business will be lost. RMS has re located from North Loop 410 to 1604 and 281. Renee Foshee, a tax expert with the firm, is the current SA CPA Society President.
Turner Cleveland PC Terry Cleveland has addressed our students. Two of our graduates are employed with at this firm.
weaver CPA Weaver is one of the largest Texas based Accounting Firms.
Hill and Ford CPAs Kim Ford has addressed our students. She has expanded her practice from tax and write up to forensic investigation and court testimony.
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.
Thank you for the opportunity to participate in the Accounting Advisory Board, and the most recent meeting! I hope my contributions were helpful. Nevertheless, there was much more I wanted to contribute about Artificial Intelligence, but time did not permit. If I may, I would like to share a couple of things that are important to your students’ concept of this oft misunderstood technology.
First, it is essential that your students understand the difference between Automation and Artificial Intelligence. Automation is everywhere. Artificial Intelligence is rare. Automation and Artificial Intelligence are fundamentally different. While both use computers, that is about the only similarity. To use an old phrase, it is like “comparing apples and oranges.” Automation helps us humans manage monotonous, repetitive tasks, and it is very rules-based. Think, if “x” then “y.” In other words, it is smart enough to follow orders.
On the other hand, Artificial Intelligence, like humans, is horrible, and I can’t stress this enough, it is horrible at following rules. Rules will predictably and reliably corrupt Artificial Intelligence. Artificial Intelligence (AI) is, like humans, designed to identify patterns, learn from experience, and select appropriate responses in situations that are relevant to its experience. It gives a computer the ability to learn without being explicitly programmed. In other words, it can mimic what a human might think, say or do.
Second, it is important to understand why true AI is still so slow to be adopted in the real world. The biggest problem with the adoption of AI is ROI. Most companies find that, while they may find the promise of AI attractive, they simply don’t have the necessary resources ($$$$$$$). First, acquiring a truly smart AI “engine” is expensive. Second, the “smarter” the AI engine, the more up-front time, effort and people it requires to plan and filter what is fed into the AI engine, so that the AI is not corrupted. It is surprisingly easy to corrupt any AI by feeding it seemingly innocuous information or context that leads it astray. This planning and filtering requires a lot of time, people and effort. Monitoring and filtering information and context as you go along requires more time, people and effort (think more money). Unlike Automation, which you can program and “forget,” AI requires considerable time and attention.
A real-world example of the time, attention and money that is required with AI, is the story about IBM’s Watson that I mentioned during the meeting. While Watson identified, in less than a second, malware on several computers that anti-virus software had missed, the task of bringing Watson to that point was both arduous and expensive. IBM fed Watson massive amounts of information from the Internet and the Dark Web. They also spent considerable time and effort examining and filtering the information before they fed it to Watson. (Their Vice President would not tell us how much time and effort were involved, but only that it was “considerable.”) In addition, they fed Watson a lot of information from their expensive computer event log Content Collector. Only then was Watson ready to find the malware without being programmed or told to do so. Certainly, that is not the end of the story. I’m sure Watson is doing so much more. IBM’s Vice President told us that they are offering “Watson as a Service” – no doubt to help with the ROI!
In short, AI is very different from Automation in nature, function and cost. While Automation is quite prevalent and useful in the Accounting field, AI may be more suited to other business fields and endeavors.
While this is a bit long (my apologies), I hope you find it helpful.
had that sort of reputation. Back then The Salt Lick was a shoe string operation with a screened in area where patrons ate. Today it is all grown up, and frankly no better than any other bar be que joint in my opinion. I would say the same for Cooper's. A few years back TM had christened Cooper's as the best. Located in Llano, Tx, the word spread, the chain grew and formality
was the norm. Somehow the original formula was just not the same anymore.
We study quality control and benchmarking in managerial accounting. Franklin started in his back yard. Today people line up for lunch until he literally sells out. As you will see, the last person in line has the duty of telling the late to arrive, sorry, done for the day.
I don't know how long the reputation will last. As you can see in the video this is very hard work.
Frankly I think the brisquet at Bill Miller's is as good as any but the rib s are a disappointment. I was hoping they would discuss more on the actual preparation, type of wood, temperature, etc but not to the case. Perhaps those are trade secrets.
But if you have a formula to cause eople to wait hours in line for a meal, you have a winning fgormula.
"Bob composed 'Blowin' in the Wind' in a matter of minutes sitting in a cafe across the street from the Gaslight Club. Although he thought 'Blowin' in the Wind' special, he did not understand the full significance of what he had done. 'It was just another song I wrote.' The melody was uncannily similar to the African-American spiritual 'No More Auction Block.' However, borrowing melodies, and even lyrics, was part of the folk tradition and thus perfectly acceptable. A more pertinent criticism of 'Blowin' in the Wind' concerned the rhetorical lyrics. Many of the most distinguished folk artists in New York were underwhelmed when they first heard the song. There seemed no link between the relentless questions; and, at the end of three verses, none of the questions had been resolved, except to say the answer was blowing in the wind, an image so vague that, arguably, it meant nothing.
"Pete Seeger did not regard it highly. ' "Blowin' in the Wind" is not my favorite,' he says. 'It's a little easy.' Tom Paxton found it almost impossible to learn. 'I hate the song myself. It's what I call a grocery-list song where one line has absolutely no relevance to the next line.' Dave Van Ronk thought it dumb. Still, within a couple of months of Bob performing 'Blowin' in the Wind' at Gerde's Folk City, Van Ronk noticed to his surprise that musicians hanging around Washington Square Park had invented irreverent parodies such as, 'The answer, my friend, is blowin' out your end.' As Van Ronk says, 'If the song is strong enough, without even having been recorded, to start garnering parodies, the song is stronger than I realized.'[His manager], meanwhile, knew Bob had created something extraordinary. ' "Blowin' in the Wind" was the key to it all,' he says. 'That song made it all happen.' ...
"On July 30, 1962, 'Blowin' in the Wind,' the song that was the foundation stone of Bob's career and a catalyst of the singer-songwriter revolution, was copyrighted to M. Witmark & Sons. The same day, [Dylan's new manager Albert] Grossman signed what Bob later called 'a secret deal' with M. Witmark & Sons giving Grossman fifty percent of Witmark's share of the publishing income generated by any songwriter he brought to the company. Now Grossman stood to earn a substantial slice of Bob's publishing fees, over and above the [20 percent] cut he took for managing him. This backhanded deal was one of Bob's primary complaints when he and Grossman were in legal dispute in the 1980s, although in fairness Grossman was getting an enhanced part of Witmark's share, and not necessarily money Bob himself would have received. Bob claimed indignantly that he had known nothing of Grossman's fifty percent deal with M. Witmark & Sons (Grossman insisted he had told him). Bob also claimed to have had no idea Grossman was given as much as $100,000 to advance to him for signing with M. Witmark & Sons, of which he received one percent. Bob's attorneys asserted that Grossman had 'willfully and maliciously' concealed vital information. The secretiveness was what angered Bob who was, of course, a very secretive person himself.
"However, this was not the end of Grossman's machinations. The last part of his plan was, in fact, the cleverest. If Peter, Paul and Mary [a group Grossman had created] had a hit with a Bob Dylan-Witmark song, Grossman would earn fourfold. He had his management fee from the two acts, plus his twenty-five percent of Peter, Paul and Mary's recording income from Warner Bros., plus fifty percent of the income Witmark earned from publishing a Dylan song. When Peter, Paul and Mary had a massive hit with 'Blowin' in the Wind,' and top-forty success with two further songs written by Dylan, Grossman became as rich as Croesus.
The hemline indicator states that as social mood grows more positive, it invites a frisky attitude in fashion. This results in shorter skirts. The idea is that the hemline rises and falls with the stock market, that laboratory of social mood.
Pete Kendall has an interesting history in this video Skirts. I am hoping this long term look at just how quickly fashion can adjust to social mood might be of interest to our female students. The latter part of the video details just how quickly hemlines rose as the markets recovered from the March 2009 low.
Want a stock market indicator, Bob Prechter suggests we should read Women's Wear Daily instead of the Wall Street Journal.
I posted an article on bowling recentlynoting it should have a potentially wider appeal than golf.
Now I see a retro themed alley will open in a former alley next to Goodwill at 281 and Bitters.
Clearly they are going for a different look to attract a different bowler. I would agree but I don't see how featuring a 5 pound 'bemoth burher' changes the bowling image. This sounds like the old bowler to me.
France took th money, and spent it. Yes they have the two amphibious warships Russia ordered, but the rest of the West does not want Russia to have additional means to invade other Eastern Countries, which is what this ship is all about. Lacking real electronics capability Russia turned to France for these two ships.
Now with the French economy in the tank and Hollande's popularity at a new low, France needs the business. Russia needs the ships. But the rest of the world is turning cold shoulder. What will Hollande do?