Professor Elam

A Link to Becker CPA Lectures

Friday May 10, 2013

Deb Alvarado our Becker CPA Review rep has provided this link. It is a sample of what the actual lectures are in a Becker CPA review class. 

 

http://www.youtube.com/playlist?list=PL520CB1512C3C7FDA

The Era of Permanent Tuition Increases Comes to an End

Monday May 6 2013

Private U.S. colleges, worried they could be pricing themselves out of the market after years of relentless tuition increases, are offering record financial assistance to keep classrooms full.

The average "tuition discount rate"—the reduction off list price afforded by grants and scholarships given by these schools—hit an all-time high of 45% last fall for incoming freshmen, according to a survey being released Monday by the National Association of College and University Business Officers.

"It's a buyer's market" for all but the most select private colleges and flagship public universities, said Jim Scannell, president of Scannell & Kurz, a consulting firm in Pittsford, N.Y., that works with colleges on pricing and financial-aid strategies.

Colleges have believed in the Holy Grail of Inelasticity of Demand for their product for the last three decades. Tuition has relentelessly increased. Now my prediction of turn in that tidal wave is on the horizon. Private colleges are scrambling to hold on to students. This may be an advantage for TAMUSA with its lowest in the local market rates. 

 

Bar Exam Pass Rates; Introducing An Accounting Ladder of Success

Weekend May 5 2013

Apparently the bar exam is not nearly as difficult as one might think. Here are the latest pass rates for Texas Law Schools. Baylor tops the list at 95% with Texas Southern dead last at 66%.

66% is an interesting number in that is about the highest pass rate for any Accounting Program on the CPA exam. Most are about half the 95% of Baylor which is to say the high 40s. 

Apparently most students either think I am conjuring all this up or that this is something that just will not happen to them. The degree or preparation is incredibly high, much more so than anything you have encountered in school before. 

Masters in Accounting  has published my idea for  building a Ladder of Success on certified exams. I firmly believe that pursuing such a course of action would remarkably improve one's pass rate success on certified exams.