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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

« Upcoming Student TXCPA Events | Main | A Perfect Storm of Fraudlent Book Keepers »

September 08, 2024

Comments

Erica Acosta

When reviewing this case through the lens of an auditor with professional skepticism, there are many indicators of fraudulent activity. First and foremost, Sage didn't have a checks and balances system in place that allowed Sara Lingle to access both the bank accounts and the ability to withdraw monies via payroll. The Sarbanes Oxley Act requires businesses to have checks and balances or internal control systems to avoid this. Also, annual audits were not properly conducted, and I would even dare to hold their auditor for the past half-decade accountable as there is absolutely no way a proper audit was conducted. The auditor is as much a culprit as Sara is. Although, I do have to give it to Sara for remodeling her home as Sage is a construction company that also reconstructs homes. Therefore, a bathroom remodel could very well be a project in the normal scope of business. I would also have to look at the financial statements to see how vehicles were purchased without raising skepticism. If an asset is purchased and we don't have depreciation of that asset recorded, then where did the asset go? If trips were taken on business accounts, where is the list of employees that attended, and where are the minutes showing a record of business conducted on that trip? Also, many duplicate checks were fraudulently written to Sara Lingle. First and foremost, why is Sara writing her own payroll checks for the past five years? This is just the tip of the iceberg, I'm sure. If we dug further I'm sure we'd find suspicion in Aura Consulting, LLC. Who are they? What services or products do they provide to Sage? Where are the invoices? Who set up the contract? If none of this was on file then why are we still using them for four more years? Was Sara the only person who did any type of accounting, bookkeeping, payroll, accounts receivable and payable? No one else reconciled accounts for five years? I find that very hard to believe, and I would be looking further into who's hands were on the accounting records in any way. I think others knew, but the wrong person found out and by that time, it was too big to hide.

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