masters in accounting
Unbiased Finance Blog

San Antonio Accounting Societies

Local Accounting Firms

  • BKD
    In the last few years several local firms have been acquired, like the Hnake group, by national firms such as BKD.
  • Grant Thornton San Antonio
    Grant Thornton is one of the large national firms occupying the size ladder below the Big Four.l
  • 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 (http://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.
  • Fisher Herbst and Kemble P. C.
    Bruce Howard who was on our Business Advisory Council was the Officer Manger for this firm.
  • 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.

Accounting Information

Accounting Certifications

Accounting Information

TAMUSA Library

  • P2240002
    Learn about the accounting review mateirals!

Geo Politics

  • Foreign Affairs
    :Published by the Council on Foreign Relations
  • 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.

Columnists - Thoughtful Reading

Economic Sites and Blogs

The View from Abroad

San Antonio Ragtime Society

  • San Antonio Ragtimne Society
    This is an organization that sponsors the only annual Ragtime Festival in Texas. A TAMUSA student is an active member.
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San Antonio Ragtime Society

  • San Antonio Ragtimne Society
    This is an organization that sponsors the only annual Ragtime Festival in Texas. A TAMUSA student is an active member.

Socionomics

« The Sun Never Sets on a Governemnt Program | Main | The Race to Build the Cheapest Car »

April 14, 2007

Comments

Jason Raper

With the advent of the events of 9/11, supply chain took a dramatic turn towards slower modes of transportation. Restrictions by the FAA in 2002 made it too expensive and time consuming to place goods on commercial airlines; and inherantly caused a shift towards rail and truck freight. Higher fuel costs have hurt the airlines in cargo as well as passenger transportation both...you can only raise tariffs so high before people start asking the question....do we really have to have it that quick???

Pre-planning for increased lead times have shifted the idea that you can offset the time factor if you know how to negotiate better and more frequent ground rates. With capacity increasing on ground modes/slower modes (ie rail, ocean, truck) have been able to deliver a lower cost even with increased fuel costs being a factor. It is simple, they have decreased their variable cost per load by increasing their CM----simply by an increase in volume. This has caused them to be able to invest more capital in better equipment and inherantly lower their rates. Most of them were struggling for so many years to just BE and now they have a higher net income than ever before....the revenue is there like never before and it looks like it will stay for sometime.

Bottom line on this new idea of a logistics park here in Dallas is that it can work....it really can.

DFW is one of the top 5 logistical concentrated markets in the US due to infrastructure and location...the others are Atlanta, King of Prussia, PA, Denver, Memphis; a few others are debated though. We have a closely located major sea port in Houston, and a market of forwarding experience that is out by the airport already.

I could go on all day about this because I know my business very well. The Asian trade lanes are hot and will remain that way for many years. This may become a cash cow decades from now, as many ideas do, but with the technology that we have right now, this is a very good idea for the times we live in....I can explain even further in class if needed.

JR

Dennis Elam

in 1973 I went to work for the Developer of Greenway Plaza in Houston TX on the SW Fwy. The first oil embargo was on everyone's mind and we had office space to rent. The problem was that the owner had built the buildings without any leases, and there were other properties for rent. So, the owner had to take less rent than planned to rent the buildings. While the book refers to past costs as sunk costs, sunk takes on a whole new conotation when the building is not paid for. Taking say 6 bucks a foot for ten floors when the original estimate was 7.50 a foot and we would raise the rent every three years on a thirty story building, well it just won't work out.

Fast forward to now. WE have the 535,000 sf building on Hampton, the ProLogis building on Houston School, and now the Allen Group is going to build 700,000 s f also speculative, ie no leases. My question, how are they going to hold to their assumptions on lease revenue. Clearly someone who wants to rent can play the three of them off against one another forcing the rent down.

The owner of Greenway eventually lost all his properties due to this very problem. My hair just stands up on my neck when everyone is doing the same thing for the same reason, all convinced it will work. Shades of swine flu, avian flu, the property crash in Texas in 1986, the stock market in Japan in 1990 and for the next ten+ years, invest in emus and ostriches, the dot.coms, just buy Dell Computer six years ago everyone said, NASD is half what it was in 2000, etc.

Jason Raper

In logistics its all about location and the ability to access major highways within a short amount of time...I know several forwarding companies that would be very interested in getting their hands on a pc of that real estate down there, regardless if the idea takes off. They have done their homework on the location, but if I were to predict the advent of the next Dell or MSFT, I would not be taking your class...I would be on the phone with a brokerage trading securities.

Jason

Dennis Elam

Well the Allen Group is not a public company anyway so let's confine our speculation to your area of expertise

How will this impact employment in the area or will the container building be pretty well automated

Do such firms hire any locals or will they bring folks from out of town in to run things.

I am still skeptical that there is this much immediate demand for space, don't forget about the time value of money

DLE

Jason Raper

I think that it will have a positive effect on the area...and considering that the Logistics program at UNT is now ranked in the top 20 in the nation, I think that it will keep the local talent here in town and give them a better opportunity to stay when they are looking after college.

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