Archives for Austin

Around Austin in 30 Days

Like many UT students, I started making a mental bucket list of things to do in and around Austin the moment I set foot on campus as a freshman.From food trucks and swimming holes to the plethora of music opportunities, Austin is full of great things to do. Sadly, while balancing homework, exams and class, something always got in the way of whittling down my list. Now that I’m about to graduate and leave Austin for good, I decided it’s finally time to start exploring, and thus, the month of May became 30 days of experiencing Austin to its fullest.

First things first, I started out with the basics – delicious food. So far I’ve made it through Sno Beach, some food trucks, some tried and true classics like Hula Hut, Mozart’sMadam Mam’s, and even made my way out to Lockhart for some killer barbecue. After all, you gotta eat, right?

After that I moved on to some less calorie-enriched south Texas activities – a Spurs game, swimming at Barton Springs, and climbing Mount Bonnell. Truth be told, I still have a long way to go on my list. Even if I did something Austin-y every week I don’t think I would ever run out of things to do. Now that classes and finals are out of the way, it’s time to make some progress on that list!

What Austin spots are on your bucket list?

 

A Weekend of Sunny Rays is Good for the Mind

I spent this past weekend outside; eating dirt on the soccer field, (that’s fútbol to my Hispanic friends and football to my European buddies), flinging Frisbees around campus, and exploring Austin’s Mount Bonnell. The past couple of weeks have been a little stressful with school, work, and trying to get a hold of my personal life. All I needed was a date with Mother Nature to let it all go.

2013 Business World Cup Competition

Jamal rocks the soccer field.

The Business World Cup brings together the McCombs Affiliated Student Organizations (MASOs) to compete in a 5 on 5 soccer tournament. Teams have the chance to win McCombs glory, fame, and the alleged World Cup trophy. I was lucky enough to be allowed to compete with one of the Undergraduate Business Council teams. Unfortunately, we lost three out of three games, one of which was against the other UBC team. The scores were 3-0, 8-0, and 8-2 (I somehow was able to score one of the two points in the last game). There are those that play gracefully throughout the entire game, where they pace themselves and make sure they don’t push their limits too much at one time. I on the other hand, was weaving within minutes of starting and gradually began to play more and more aggressive as the panic began to set in.

I find it interesting that I have to pace myself when playing sports or when using by brain for academics and general schoolwork. Over time I’ve learned that if I don’t maintain a steady pace and take a deep breath every once in a while, I can’t perform at my best.

2013 Texas Blazers Frisbee Fling

Frisbee Fling is an 18-hole disc golf tournament that’s been held on UT’s campus for the past 12 years. All proceeds from the tournament benefit the Texas Blazers Endowed Scholarship for Eastside Memorial High School in East Austin. Definitely a great use of an hour and a half! I got to work on my Frisbee aim, eat a bunch of those Longhorn Bars, realize said bars were loaded in calories, smack someone in a chicken costume with a Frisbee  and receive a Gildan 100% cotton t-shirt. After playing in the soccer tournament, I was definitely not at my athletic peak, but I was still able to keep up with the rest of my team without having to keel over.

Trip to Mount Bonnell

Almost immediately after the Frisbee fling, I went to explore Mount Bonnell with a few friends. For those of you who didn’t know, Mount Bonnell isn’t actually a mountain. Though it’s described as being the highest point in Austin, it’s lower than the Jollyville Plateau (according to Wikipedia). While it was more than a little steep, it really wasn’t too bad a climb. We were able to get a great view of downtown Austin and of the tower. I really wanted to see the peacocks that I had heard so much about but I guess there weren’t feeling too friendly that day. I did get a great life-chat with my friends though, resulting in the perfect end to my day.

Though I’ve had more productive weekends for school, I really think this mini-vacation was good for the soul and for me to recuperate from academics. I was able to get some quality thinking in about what I wanted and what was important to me. Despite getting a little redder than I would have liked, there were a lot of qualitative benefits to the weekend. Truly some food for thought.

Run Austin! (2.0)

Last year I wrote a blog post about the best places to run around in Austin on a day to day basis, and mentioned a few of Austin’s most famous races. (Click here if you missed it!) Austin has a strong running community and a ton of marathons and races. With spring on the horizon, I thought it a good time to discuss a few of the best races to run in Austin.

My friends and I at the Color Run last year

Let’s start off with the fun races.  Color Run, coming in May (sign up open January 15th!), is one of the most fun and colorful races in Austin! It has a national tour, so you can run the race in other cities around the country. This is a 5K run, about 3.1 miles long, where volunteers throw dry paint at you at the start and after each 1K you complete. You start wearing all white, and finish a colorful mess. Once you finish you are given a bag of dry paint of your own, and there is a massive dance party by the finish line where everyone dances and throws paint. I did it with a few friends last year, and highly recommend the race to runners and non-runners alike.

Warning: Make sure you shower the paint out of your hair (yes, it will get in your hair) as soon as you get home. I didn’t get all of the paint out immediately, and my hair had pink and green sections for a week following the race because I let the paint sit for a few hours. Unfortunately for me, that week after the race was full of public accounting firm career nights. Nothing like colored hair for networking!

Braving the mud with some fellow MPAs

Another fun, and extremely messy, race for everyone to do is the Muddy Buddy. This race, also part of a national tour, is a partner race where you mountain bike and run. There are obstacles throughout the course, including a large mud pit you crawl through with your partner at the end of the race. I particularly enjoyed the costume contest at the beginning, where the funniest costumes received some recognition and appreciation. There are a lot of races in Austin similar to this one, in particular the Warrior Dash and Mud Run.

The Gorilla Run may be one of the strangest races in Austin. Instead of a race t-shirt, each race participant receives a full gorilla costume to run in. Volunteers run dressed as bananas for the gorilla-clad racers to chase through Austin’s streets.

Austin has a number of zombie runs in the winter, where you attempt to outrun zombies as they chase you throughout an urban course.  I have also noticed many “urban-challenge” races as well. These are similar to the TV show “The Amazing Race” where you complete tasks around the city on foot, or take part in a city-wide scavenger hunt.

Come out the the LiveSTRONG half marathon and find me in my infamous Waldo race costume in the crowd!

Finally, I am going to make one final push for something I think everyone in Austin should take part in, whether it be racing or volunteering. I really think everyone should take part in the LiveSTRONG Marathon and Half Marathon while they are in Austin. It is a very energetic and inspiring race that I feel is unrivaled. Only slightly less than 3 weeks away! And, in case you are feeling particularly generous, I am raising money for the LiveSTRONG Foundation as a member of Team LiveSTRONG again this year, and you can see my personal page here.

TRANSCRIPT: Many Years From Now

Ironically, I was elected to deliver a commencement address just weeks after the MPA Council gave me the “Foot-in-Mouth” Award. (Ian Rathmell also spoke.)

I remember the first time I stepped foot onto the UT campus several years ago. I was so lost—literally. My roommate at the time was showing me around the campus. After several hours of walking around, we decided to head back to Jester, and I happily walked in the wrong direction. He quickly corrected me and, with a hint of exasperation, advised me, “Whenever you get lost, just look for the Tower to find your way home.” …to which I responded, “What Tower?”

He merely returned a look of frustration—one that we would both repeat many times while Greg Davis was offensive coordinator. (Nothing like a screen pass on 3rd and 20…)

This was an embarrassing and sobering moment for me—as I’m sure all of us had when we arrived at the University of Texas for the first time. I left high school knowing it all and ready to conquer the world, but realized quickly that I could not have even survived orientation on my own. August came around soon though, and, like all of us, I began to attend classes, lectures, and football games.

Over the past several years, we have been witnesses to many events in our world. We have witnessed the election of a new president—one we were finally able to vote. We have witnessed a credit collapse. We have witnessed a budget crisis. And yet, we knew that this was the world in which we were about to be unleashed in only a matter of years.

My own eyes slowly began to open. Suddenly the age-old promise of the future being ours seemed to be less of a promise and more of a threat.

In our classes, we learned about commerce, economics, and ethics. We learned about cultures, religions, and traditions. We learned about integrity, honesty, and freedom. We learned every two-letter word that could be played in a game of Words with Friends. We learned about principles to apply to a real world—a cold, rigid, and harsh world that was awaiting us.

Today we reach a crossing where we have the chance to mold and shape this world. If “what starts here changes the world,” then we have a daunting task and great expectations laid upon us. Yet, it is ours to embrace!

As we embark with our degrees today, it is important to consider what we are receiving. For what does a degree truly guarantee? Success? Happiness? Employment?

Our degrees are invaluable–our  quintessential defense. Our greatest safeguard is that we are able to read, write, and reason—the ability to create. It is a shield against manipulation and cajolery. It is our sword against evil and tyranny. It is our shofar to signal a just cause and to alert those who remain unarmed.

As we see the uncertainties that abound the world we enter, we know that we come from an outstanding university and will attain careers in influential roles. It is with this outlook that we know we will have the opportunity to shape the world for other students one day. And it is with this understanding that we are aware that we undertake great expectations. We sing “the eyes of Texas are upon you” frequently, but today, for the last time, it is being sung to us. We have the expectations that we, with what we have learned at the University of Texas, will continue to strive for the higher ideal to hopefully leave the world better for the next generation, as the past generation strived to leave it better for us.

Many years from now, we will look upon this day, not as an ending, but as a beginning of the time we were unleashed into the chaotic world we inherited. Many years from now, we will look upon this day as the start of our lives as true contributors to the communities around us, contributing in our thoughts, our words, and, most importantly, our actions. Many years from now, we will look upon this day as the moment in which we embarked upon a journey in which we examined the lessons of the past and sought to correct them as we emblazed on a new path. (Many years from now, we will look upon this day and wonder just how Angry Birds grew to be so popular…) Many years from now, we will look upon this day and recall the many ways each of us has individually shaped each others’ lives to give us the new perspective with which we approach our next challenges.

I have by no means cemented my destiny, but what is for certain is that I am no longer lost as I was graduating from high school years ago. What we have learned over the past five years has given us a clear sense of direction, and, in acting upon the lessons we learned, we, as a class, can be trusted to lead the world into the next era.

John Wooden once said, “Little things make big things happen.” And I’m a firm believer in that saying. All of our actions, no matter if seemingly small and inconsequential, cumulate and send the greater message to those around us. Thus, as we leave today, we go with confidence and a charge to continue to use our work to be helpful to everyone around us. These are the responsibilities that our education now endows us: that we actively set the example, using what we have learned from our experiences here, to ensure that the next generation inherits a paradise of integrity, trust, and freedom; that our contributions do matter; and that we have the opportunity, as a class together, to guarantee that the world will be ready to be inherited many years from now in better shape than we received it.

So I ask you: if what starts here truly changes the world, what are we waiting for?

*   *   *

The past several years have been amazing, and I am indebted and forever grateful to the faculty and staff at UT, especially those within the McCombs School of Business and MPA Program, and my peers who stood beside me during my best and worst hours. Thus, thank you, Austin, for five absolutely beautiful years, and may God’s face be able to shine upon the work of our hands forever!

The Lance Armstrong Scandal from an Accounting Perspective

The US Anti-Doping Agency (USADA) announced on Friday that it would be stripping Lance Armstrong’s 7 Tour de France titles from him, as well as permanently banning him from competitive cycling. I think this scandal is important to talk about in that it relates to our role as accountants.

You might be reading this thinking, “Does this scandal even relate to accounting?” The answer is yes, it absolutely does. The scandal in this issue is in part the results of the investigation, but mostly in how the investigation was conducted. The USADA used a number of procedures that were at best questionable and at most inherently illegal. We as accountants can learn from this scandal due to the fact that our role in society is very similar to that of the USADA. The USADA monitors US racers to ensure that bike races are fair and perfectly competitive. Auditors monitor organizations to ensure that the competition for-profits and shareholders are also fair and perfectly competitive. The difference between auditors and the USADA is what society expects of us and how we are socially reprimanded for unfair or unethical procedures.

This last statement may be a little strong, but let me frame it how I am seeing it. Armstrong was a retired cyclist when the case was brought against him. Any of the rulings wouldn’t make current cycling races fairer for riders. The USADA also brought charges against Armstrong that are over 17 years old, even though the organization has an 8 year limitation on these types of matters. The USADA seems to be changing its rules to get the results and publicity it wants while it preaches that everyone should be held to the same rules. According to U.S. District Judge Sam Sparks who oversaw the case against Armstrong, “USADA’s conduct raises serious questions about whether its real interest in charging Armstrong is to combat doping, or if it is acting according to less noble motives, such as politics or publicity.”

Now let’s pretend that instead of a cycling investigation, this was a public company’s audit. If something this negative was said by a U.S. District Judge in relation to how an audit procedure was conducted, the public would be outraged. There would be lawsuits and huge damages to be paid.  The accounting firm’s reputation may even be permanently tarnished. But because the USADA doesn’t affect the majority of people directly, most don’t care enough to hold the “watchdog” accountable for unethical actions.

As accountants, what we can learn from this scandal is that the most important thing is to be fair and objective. It is essential to follow proper and standard procedures and to not cater to things like publicity and politics. We are watchdogs, not bullies. We need to make sure that every action we take and every decision we make is done to ensure business is a fair game to be won, and companies that exceed our expectations are not punished for playing by the rules.

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