We have been inundated with news of Coronavirus, the Democratic primaries, the roller coaster stock market, plummeting Treasury yields and the Fed’s attempt to get noticed by trying to disrupt the market, so I decided to take a break and share with you how I spent Tuesday.
My first stop was at 8:00 am at my alma mater, Baruch College, at its vertical campus to participate in a series of round table discussions with students interested in finding out more about forensic accounting. Each of the dozen participating alumni sat at a table and every twenty minutes the students shifted and I met with three groups of students. I was very impressed by the students’ interest, enthusiasm and excitement for their future accounting careers and eagerness to find out as much as they could in such a short period. There was also a networking opportunity afterward where I was able to interact with additional students and some of the other alumni, who were also pretty impressive. I also distributed a booklet that included two dozen of my blogs on that topic. If you would like a PDF of that, see below.
The program was organized by the “development” office of Baruch and I was asked beforehand if I would join someone afterward for a cup of coffee to “chat.” These were euphemisms for trying to get me to increase my contributions to the school by adding something to the scholarship endowment, which I understood it to be, and was easily persuaded to do so.
Next, I went to a lunch that I arranged with Elena Ladygina and Tom Farrell from Withum Wealth Management and three friends from Bernath and Rosenberg who have a wealth management division. There was no set agenda other than to discuss in general terms the market, client services, and profiles and to share information on the dynamics of managing such a practice within a CPA firm. Very enjoyable and coincidentally one of our partners was at the next table at the restaurant so she stopped over to say hello.
Then I left Manhattan to get my car to drive to my office at Fairleigh Dickinson in Teaneck, NJ. My class runs from 6:00 to 8:30 but I maintain office hours from 4:30 to 5:30. I usually use this time to prepare my lectures for the next week’s class. The one-hour return drive home was occupied by the radio informing me of everything I included in the first paragraph of this blog. When I arrived home I was greeted with a carton of my 28th book, How to Review Tax Returns, The Field-Tested Update, coauthored with my son Andy. The publisher, Rick Telberg, had been selling an e-book version since January and the hard copies were just completed.
My day started at 5:30 am and I ended up in bed at midnight after a long interesting and fulfilling day.
Since you read this far, I will “reward” you with two handouts if you want. One for forensic accounting and the other is my 160 page MBA course material on reading, analyzing and using financial statements which include descriptions of all the ratios you will need to know about. Just say “Baruch” and email me at [email protected]. Have a nice day!
Do not hesitate to contact me with any business or financial questions at [email protected] or fill out the form below.
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