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.
Published since December 1883, Ladies’ Home Journal covered global events and cultural shifts from a female perspective. Its first photographed cover appeared in 1898, with a picture of first lady Ida McKinley. In recent years, the magazine’s focus has been on nutrition, beauty, home decorating and parenting.
We are in an 18 year period of stagantion and change. The bear market is taking many former icons down. Print publications are losing ground to the internet. But I am surprised that the owner would kill one with over 3 million subscriptions.
As you will learn in ACCT 3314, Dr. Edward Deming introduced this concept to the Japanese way back in the early 1950s. Ironically Deming honed his theories in WW II production for the US. But it was the vanquished Japanese that took advantage of the concept.
Make the customer the center of your focus and the world will beat the proverbial path to your door, Deming intoned. And so they did.
The result was a huge leap forward as the Japanese came to dominate manufacturing of cameras, stereos, television, and yes motorcycles. By perfecting the four cylinder Double Overhead Cam Motorcycle Engine, the Japanese assured their success in later translating that engineering to automotive four cylinder engines of the same design.
While the cyber world is all agog over social media, it is really just the latest development in communication. Think about it
US Post Office 1790
Pony Express, Atlantic Cable 1861
Telephone 1890 widespread use
Television, invented 1930s widespread adoption early 1950s
and since then internet, cell phones
and now social media, the telephone conversation spread to the masses all at once
Why is Facebook so popular?
It lets everyone have their own O for Oprah magazine....
John Wallace of Resource Global Professionals RGP delivered a lecture this past Wednesday at San Antonio Internal Auditors on the securityof on line banking. The short story there is that there is not much security and a lot of danger via malware. Malware installs unseen on your computer from clicking on an apparently friendly site. The malware then resides ony your computer until you enter passwords and bank account numbers. It copies the numbers and sends them to the bad guys in who knows where, think Tadkistan.
The WSJ featured an article the very next day on software that purportedly would prevent this. The idea was that one would surf the net in the cloud and not on your own computer. I asked John to respond.
Here is his comment about Light Point, thanks for keeping out TAMUSA students up to date.
The concept of a virtual browser is a brilliant (though not entirely new) idea. In 2001, a company was founded called Green Border. They provided a product that "sandboxed" the browser (on the desktop or laptop), preventing malware from making its way to the computer's operating system. The product appeared to work well and I used it for several years. Unfortunately, in 2007 Google bought the Green Border company and promptly halted sales and suspended support. It has been reported that Google wanted to capture the technology for the Chrome browser. Indeed, Google came out with a feature to "sandbox" the Chrome browser. Unfortunately, the Chrome "sandbox" was publicly compromised in 2012. Although Google fixed the vulnerabilities that allowed it to be compromised, there is no way to be sure that it cannot again be compromised (or has not again been compromised) by these sophisticated malware developers. Microsoft and Mozilla have also tried to "sandbox" their browsers, with limited "success". This is why I am fairly confident when I say that there is no "secure" browser.
What is novel about Light Point is that it is being hosted in the cloud. That can potentially keep the malware off of the user's desktop/laptop/tablet. However, considering that the Light Point browser could be compromised by zero-day malware (as was Google's Chrome "secure" browser), then it would be unwise for users to do their online banking via the Light Point site. The malware would still be capable of harvesting the user's online banking credentials.
Whether or not Light Point Security, LLC will make it in the marketplace remains to be seen. According to the WSJ article, they are a two-person startup, with a little bit of money. Their target customers are businesses, yet they only support the Mozilla Firefox browser. However, they have plans to support Microsoft's Internet Explorer and Google's Chrome, and eventually mobile platforms. I wish them success, but I don't think their solution is the magic bullet. Their product and service, should it take off, will most certainly be targeted by the organized criminal gangs I mentioned in my presentation. Unfortunately, with their tremendous resources, I doubt that these criminals will find it impossible to compromise Light Point.
For what it is worth, those are my thoughts about Light Point!
Yesterday at Sa Internal Auditors, John Wallace with Resource Global explained the danger of malware infecting one's computer, grabbing your password and bank account number, and then having your account emptied.
In today's WSJ on page B6 two NSA employees have created Light Point Security. The idea is to use the Cloud to surf the Web. The browser is hosted on the server instead of the computer. the Could acts as a Firewall between you and potential malware. Apparently there is more interest in business than among consumers.
I e mailed John Wallace asking his opinion. In the mean time, he suggested using a separate computer that would only be employed for on line banking.
Bibliotech the first all digital public library opens in San Antonio this week. Interestingly it is located near Pleasanton Road and 410 on our south side. No doubt this will be the start of a trend away from paper books.
The founder of Weaver CPAs has his certificate numbered in triple digits in Texas. He is one of the first thousand CPAs in Texas.
Today Weaver is a state wide firm with offices in Dallas, Austin, San Antonio, and Houston. Most CPA websites demurely describe services offered with come contact information. However Weaver.com has ramped up the presence of CPA firms on the net. They also sened out a regular newsletetter by e mail. The purpose of course is institutional advertising.