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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.

About

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

October 10, 2019

Consultant Addmits to Tax Fraud

Thursday Oct 10, 2019

Duane Gordy admits to tax fraud.

He under reported gross income by $1.8 M costing the Us Govt$120,494. State Senator Carlos Uresti authored a billl in  2013 allowing counties to collect fees for roads destroyed by oil field traffic. Gordy created a firm to help counties do that, collecting a lot in fees himself. The law was repealed in  2015. ONe has to wonder if like the Galindo case, Uresti profited as well with payments from Gordy.

Posted at 09:37 AM in Ethics | | Comments (0)

September 20, 2019

Rogue Trader Causes $320 M Loss at Mitsubishi

Friday Sept 20 2019

A Rogue Trader at Mitsubishi causesd a $320 M loss in oil fututures.

While that is small in comparison to Mitsu overall profit, how embarassing an internal control failure.

 

Posted at 11:38 AM in Ethics | | Comments (0)

September 12, 2019

KPMG Cchief Auditor Convicted and Sentenced

Thursday Sept 12 2019

See page B 10 ij today's WSJ for the story on yet another KPMG ethical failure.

The top auditor bribed and or stole information about which audits the PCAOB would examine.

It is rare for a Big Four auditor to get jail time but he is sentenced to one year and one day which allows for an earlier parole.

He states he never imagined he wold commit a crime

 

Posted at 11:51 AM in Ethics | | Comments (0)

T Boone Pickes Dies at Age 91

Thursday Sept  12 2019

T Boone Pickens is described as a corporart raider. Except he never succeeded in taking over any firm.

Here is a list of links to learn about the up and down career  of a famous Texan.

James Stewart's prize winning account of Drexel and the Take Over Mania

https://www.amazon.com/Den-Thieves-James-B-Stewart-ebook/dp/B008TRU7PE/ref=sr_1_1?crid=170DFGPTZGD2D&keywords=den+of+theives&qid=1568293726&s=books&sprefix=den+of+theives%2Caps%2C356&sr=1-1

 

Drexel Burnham Lambert

https://en.wikipedia.org/wiki/Drexel_Burnham_Lambert

 

Michael Miliken

 

https://en.wikipedia.org/wiki/Michael_Milken

 

T Bone Pickens

 

https://en.wikipedia.org/wiki/T._Boone_Pickens

Posted at 09:38 AM in Ethics | | Comments (0)

August 31, 2019

Ghosn Tech Fund

Labor Day Weekend Sept  1 2019

Details on Ghosn's actual misdeed are coming out.

Once again, why, he had millions himself, why get involved with a third party?

Posted at 08:16 AM in Ethics | | Comments (0)

August 25, 2019

YES Strategy at UBS Credit Suisse Bring Losses, Lawyers Advertising for Clients

Weekend August 25, 2019

Investment lawyers are trolling for clients in yet another welath management fiasco.

YES stands for Yields Enhancement Strategy. The scheme was first marketed at Crediit Suisse and then at UBS.

Here is a further explanation of the 'Iron Condor' scheme.

If it involves,

wealth management

color coded graphs

images of giant birds

and lot so of exotic option strategies,

WATCH OUT

 

Another reason to study accounting is to be come sophisticated in such a manner that one can spot such potential scams. This was a lengthy article in the weekend WSJ>.

Posted at 08:22 AM in Ethics | | Comments (0)

July 20, 2019

The Big Four Cozy Club

Weekend July  20 2019

In ACCT 5308 Ethics we note that the Too Big to Fail Firms now regularly pay fines without any admission of guilt and no on loses their job.

We are atarting to see calls for a break up ofthe Big Four.

SARBOX prohibited firms from being consultants and auditors. And so the audit firms just doubled their fees. 

We may be just one more Woldcom Enron series of events from facing that reality.

Posted at 01:09 PM in Ethics, Financial Acct | | Comments (0)

PCAOB Provides Rules on Auditor Independence

Weekend July 20 2019

PCAOB has issued guidelines on auditor independence.

The new guidelines address specific questions about auditor independence and whether lack of such can be cured.

Posted at 01:00 PM in Ethics, Financial Acct | | Comments (0)

Boeing Sets Aside $ 5 Billion

Weekend July 20, 2019

Boeing is setting aside $5 B.

The money will be used to compensate airlines for lost flights due to grounding 737 pplanes. In addition BA will settle with the families of 346 killed in two accidents.

Posted at 12:57 PM in Ethics, Financial Acct | | Comments (0)

July 10, 2019

Epstein's Fortune is a Fraud

Wed July 10, 2019

An Insider alleges Epstein's fortune was the result of a Ponzi Scheme.

Posted at 12:11 PM in Ethics | | Comments (0)

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