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The President's Picnic is a bit of a misnomer. It is actually more of a fair featuring both on campus and off campus organizations with a couple of slices of pizza thrown in for good measure. While sitting with good friend Jim Hackard, I met Madison Mauze, Senior VP for business Development for Ranger Health On Call.
I am reaching ACCT 3301, managerial accounting for non accounting majors this semesters. One of my goals is to pepper the class with out of the box thinking, new approaches to business models. Ranger Health qualifies.
As the card says, House Calls are Back. Well read their own words.
No doubt the idea is to partner with employer plans as well as make this available to individuals. The estimated individual house call is estimated at $95. That is about double a co pay for our University plan but if one had no plan, one could perhaps buy some real insurance. The Ranger house call would suffice for run of the mill problems.A catastrophic incident plan, allowing for unexpected expensive operations would be true insurance, which in fact is the idea of insurance.
Insurance of any kind was never supposed to pay for every 'repair' neither car nor home insurance works that way. And health insurance should be the same, the consumer needs to have some skin in the game. Ranger is San Antonio based, we will follow up in a few months and see how they are doing.
Wednesday August 30, 2017
Here is an interesting story for wanna be entrepreneurs, and managerial accountants.
A couple wanted a portable bar for their wedding reception.
Not finding one available, they decided to build their own.
And it has developed into a business.
And, the good part is, they do not sell alcohol. The hosting party provides that, they just serve it.Hello Penny provides the trailer and the licensed bar tenders. I wonder what the licensing test for a bartender asks????
Learn more at the http://www.hellopennybar.com/
The one thing I could not learn, why is it called Hello Penny, no the bride's name is Gabby???
Monday August 21, 2017
In May we posted a detailed description of the visit Matt Lampert, Research Director and Alyssa Hayden, Executive Director, both of the Socionomics Institute, made at our Student Research Symposium. View the visit at this link.
As I was assembling my syllabi for this fall, I had occasion to access the University Catalog 2017-2018. Alyssa and Nicholas Forge, one of my graduate students, is featured on the cover. Socionomics is alive and well at TAMUSA.
Monday August 21, 2017
Which stands for San Antonio CPA Educators at ATKG CPA office.
Annette Goodson HR Manager for ATKG, preparing for the get together.
L to R, Renee Foshee, RSM and this year's SA CPA President, Amanda Salinas, Palo Alto and TAMUSA Adjunct, and Annette Goodson ATKG, Chair SA CPA Educators Committee
Jacqui Belcher L, Executive Director SA CPA Society visits with UTSA's Linda Vallejo
Brandon Howard ATKG visits with Mark Goldman CEO MGR HR Services
Group listening to presentation
Outdoor Patio, My suggestion for a symbol of ATKG, Have a Seat, Let's LIsten to One Another
Wednesday August 9, 2017
Globalscape's internal audit committee announced an over statement of earnings by 6%.
But the stock dropped 18%. It has been falling the last couple of weeks.
This demonstrates that failure to follow the rules can have a larger impact than the act itself. The error was on the order of $219,000 resulting in a net income of
$3.7 million rather than the $3.9 million reported. So a relatively small error results in a massive loss of market capitalization. This is why we are studying revenue recognition in ACCT 3303.