In Ricky Nelson's "Garden Party," who is Mr. Hughes

1
A bit of musical irony
The Name comes from William Blake(also a Aldous
Huxley book) If the doors of perception were
cleansed every thing would appear to man as it
is, infinite
Meanwhile, the infinity inspired group has a
recurring theme of singing about the end.
We are at the end so, for once, we will cut
loose
2
The Final DaySomething fun is needed!

• ZZZZ Best Video
• A full hour of the fraud triangle

3
The Final Day

• Signs of fall ending
• Tomorrows upcoming embarrassment
• Parting gifts for our contestants
• Incomplete Contracts
• How we could have made money
• Books / movies / music
• Eagles Songs
• Where Texas Tech Leads
• Thank you for playingdrive safely

4
Signs of fall ending

• Snow
• Mispelled words
• Zoning out
• Forgetting names
• I made it further than prior years!
• A weird combination of getting back to my boat
  the missed money making opportunity
  tomorrows upcoming embarrassment.

5
movies / Books / music

• Musicstill out of reach?Courts analogue vs.
  digital discussions
• (the IPODand might I actually get music if I
  tried)?
• Random Books
• All the old cliff note books
• E L Doctorow
• Steve Martin
• Huxleys Perennial Philosophy
• Wittgensteina lack of clarity in almost
  everything that is said

6
Bringing your thoughts to the final

• Bringing them making them fit!
• Thats why youre getting paid (plus legal
  risks)
• As a senior, dont forget your staff are
  smartwhat isnt in their message?

7
R2 Risk Perceived or real?

• Uncle Vic you cant turn the car salesman off
• If you tell me you trust medont do it 100
  (thats not your job)

8
Clarifying Part 2

• Grandfathered In
• Reading between the linessaying nothing means
  bad.Typicallythe client doesnt care what you
  are being paid because its funny money to them.
• You will be fine on the CPA exam (andit wasnt
  the point in this class)the San Angelo model
• Cultural ChangeGive everyone a shot to the
  currentlimited resources story (a mantra)New
  mantra Cant give away the grades. I hear the
  chantingloudly.
• Regardlessthe A. Dean is cool not a blocker
• read HBR (its all you need to know about
  management
• power sources).

9
Could we have made money?

• House in Austin a 50 miss.
• Tangent on the courseMuch to work oniron
  outone sort of unknownwas the housing market
  lucky for the theme of the class? Yes.
• Is the housing market at bad as it will get? No.
• Do reserves include the future loan resets? I
  doubt it.
• Puts on Countrywide, GMAC, Freddie Mac, Fannie
  Mae would have been nicevery, very, very nice.
• The market is not strong-form efficientbut you
  must be seeing the right thing at the right
  timeand we were (sort of)
• SPE vs. SIV a duck is a duck

10
Why the Smiley face?

• Hint youve heard it before in this course.

11
Incomplete Contracts

• Final grading (the emailhow do you handle
  outliers?)
• There are no omnipotent contracts
• Legal fights are expensive
• You often get surprised in a good way (Q2)your
  knowledge of music poems musicyou dont
  receive this in a yes/no format.
• This class (clarifying what Im looking
  foryouve helped me do that)

12
Too busy for incomplete contracts?

• last night _at_ 800 pm making some time when you
  think you have none.

13
In Ricky Nelson's "Garden Party," who is Mr.
Hughes?
"Garden Party" was one of my favorite songs as a
teen. I still remember that line You can't
please everyone, so you got to please
yourself . . . Powerful stuff, at least for a 13
year old. http//www.straightdope.com/mailbag/mga
rdenparty.html
14
Tattoo U.

• Tattoo You is an album by The Rolling Stones,
  released in 1981. The follow-up to Emotional
  Rescue, it proved to be a big critical and
  commercial success upon its release and is still
  celebrated as one of The Rolling Stones' finest
  full-length releases, despite its prolonged
  recording history.
• Marcos tree.
• Faiths in depth account.

15
Eagles Songs

• The old dude getting lost.
• Hotel California
• Life in the fast lane
• Big city lifesome want it, some dontuse what
  the city has to offer (see the shows / games /
  museums / etc.) Its differenttry it on.

16
Go OU!

• OSU accounting website
• ..the MAcc program does not provide technical
  preparation for the Uniform CPA examination

17
Where Texas Tech Leads

• They are just like you
• Service Learning (Carnegie 1)
• Football (and sort of basketball)
• WSJ
• London Internships
• The hungry do well (early fears in
  here)employing your good ideas about industry
  auditsbetter at business processrepetition
  isnt baddiminishing returns iswe, as faculty,
  need to continue to stay hungry enough to avoid
  complacency.

18
Thanks for playing

• An in depth way of saying thisIt is your
  thoughts and ideas that they pay for in the long
  termand they need a bunch of you in the long
  term.
• Be nice to those new to Tech
• Steve Kthree times to get a course downhes
  much smarter than me.