Professor Elam

In Case You are Being Followed...

Weekend May 25, 2015

How is your Parkour?

Parkour is a combination of  gymnastics put to practical use scaling walls or descending from improbable places.

Take a look!

Notice all these pictured look to be about the same age as those guys riding motorcycle fifteen feet above the ground in round the round motorcycle contests in various coliseums. The first requirement here is to honestly believe that you are not flesh and blood but re actually produced by the Rubbermaid Company. 

These Guys Have A Real Skill Set

Weekend May 23, 2015

This is a great stop lapse video of construction of a wind turbine.

Here is an example of OJT, there are a few crane programs at community colleges. 

I am guessing these fellows are well compensated for what they do, expensive equipment to be sure, notice the delicate maneuvering by the crane to line up the multiple bolts with their respective receptacles. 

H-P's Meg Whitman to split into two companies

Friday May 22, 2015

H-P will split into two companies.  One will be the PC hardware side, the other the newer high tech e everything side. 

And H- will be taking first one billion in GAAP charges and then a second big bite of perhaps $2 billion. Sounds like a real house cleaning. It turns out Meg Whitman is not the 'celebrity CEO' that some claimed. Rather she has turned H-P around and brought the stock price back up. 

Texas Rising

Friday May 22, 2015

Here is the Texas Monthly article on History Channel's Texas Rising.  The series begins May 25.

'A Unique Relationship'

Thursday May 21, 2015

I always say that every spring when it is time to teach ethics, I never run out  of new examples. 

Here is how you make the Barron's Top  100 financial Advisor List.

Have an affair with a wealthy client, run 12,000 unauthorized trades in five years through his account generating $40  M in commissions, and then let the Bank defend you. 

 

Ami Forte at right is making big headlines for all the wrong reasons. The widow is suing Morgan Stanley, big time. 

I hope we will not see any TAMUSA grads in this situation.

Socionomic Analysis Calls the British Election

Monday May 18 2015

Here is an example of the practical application of socionomics.  Polling indicated the British election would be close, it was not. Here is why. 

Social mood determines what happens. This is more and more evident as our friends at the Socionomic Institute continue their investigations. 

PCAOB Updates Revenue Recognition Rules

Thursday May 14, 2015

PCAOB updates Revenue Recognition Rules which have not taken effect yet!

The March of the Accounting Robots

Tuesday May 5 2015

Robotics are invading traditional bookkeeping turf.

This article details how the number of finance employees at big firms has fallen to  71 per billion of revenuer form 119. Now there is a rarely quoted statistic.

 

I have continually emphasized the importance of moving yourself to a higher professional level via certifications. Here is the perfect example that just knowing the basics won't be enough to get you ahead. 

TAMUSA Accounting Professors Meet with Alamo College Counterparts

Monday May 4, 2015

Friday May 1 Gilbert Barrera, Richard Green, and Dennis Elam, TAMUSA Accounting Professors, met with their counterparts from Alamo Community College. It was a casual get acquainted meeting with TAMUSA providing lunch from Jimmy Johns. 

 

 

 

At left Gilbert Barrera visits with Amanda Salinas from Palo Alto College. 

 

 

 

 

 

 

At right ?Richard Green chats with Larry Rosenbaum SAC and Mike Goeken, NW Vista, a third SAC instructor is also pictured. 

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Meet Massage Heights

Friday May 1, 2015

I was networking at the Aventine Hill reception this week. And I met the new controller for Massage Heights.

Yes she is a CPA and yes the company headquarters has moved to San Antonio!  This company operates locations that offer, yes, massage. If you have not had a massage by a trained therapist you should try it. 

Massage as well as acupuncture is relaxing and a great preventive from various  aches and pains resulting from stress and poor posture and such. This company is selling members ships like a health club.

If such services could be compensated with medical insurance, the business would take off. When I was a kid, chiropractors were seen as practitioners of a Dark Art .But once they finally qualified for insurance, the profession blossomed.

At any rate this is a good example that accounting as TSCPA says, offers 360 degrees of opportunity. All sorts of business opportunities await the career certified professional.