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Inside AIM Accounting and Information Management

2010

Taking AIM 2010

Department of Accounting and Information Management

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N e ws from U T ’ s Department of A c c o u n t i n g a n d I n f o r m at i o n M a nagement Fa l l 2 0 1 0 Warren Slagle Accounting Day October 23, 2010

contents n Saturday, October 23, 2010, the Department of Accounting and Information Management will hold its 35th annual Warren Slagle Welcome 2 Accounting Day at the Knoxville Marriott. Each year, Accounting Day hosts over 500 alumni, recruiters, students, faculty, and staff, making it the largest department- Student Profiles 3 sponsoredO alumni event at UT. Colin Reid The day begins at 8:30 a.m. with a social hour, followed by a buffet brunch. Izabela VanDeest Our department head, Dr. Dan Murphy, will introduce the event by updating Nicole Nichols us on department activities over the past year. We then will be honored as UT’s interim president, Dr. Jan Simek, takes the stage as our keynote speaker. Dr. Simek has been interim president since July 1, 2009. He presides over New Faculty 4 UT Interim President a statewide system that includes campuses in Knoxville, Chattanooga, Martin, James Chyz Jan Simek Priscilla Wisner the Health Science Center in Memphis, and the Space Institute in Tullahoma. Deborah Swanquist Most of Dr. Simek’s 25-year academic career has been spent at UT Knoxville, including being interim chancellor of UT Knoxville in 2008 and chief of staff to former Chancellor Loren Crabtree from 2005 to 2008. Dr. Simek is an acclaimed archaeologist who joined UT in 1984 as an assistant Academic 5 Enrichment professor of anthropology. Following our Accounting Day activities, UT’s football team under new coach Derek Dooley will National Association take on the Crimson Tide of Alabama at Neyland Stadium. of Black Accountants GO VOLS! Beta Alpha Psi

Outstanding Young Alum Award Donor 6 Honor Roll he College of Business Administration is fortunate to have successful alumni of all ages, many who show their aptitude for professional T excellence early in their careers. Most often, these same alumni also Scholarship 7 have proven their commitment to their communities and their alma mater. Recipients The college’s Outstanding Young Alum Award recognizes alumni aged 40 or younger who have demonstrated records of achievement, leadership, and promising futures in business disciplines. Retiring Faculty 8 The 2009 recipient was David Evans. Dick Townsend David is managing member of the Atlanta office of Dixon Hughes PLLC. Bruce Fisher He manages an extensive tax practice and possesses significant experience in the areas of financing and M&A transactions. He also is a guest lecturer with David Evans Lorman Professional Education Seminars. David loves coming “back home” to the . Since graduating from the College of Business Administration in 1994, David has returned to campus frequently. “I enjoy being around students, sharing industry experiences with the faculty, and suggesting ways the program can give students an even greater edge in the marketplace,” said David. “But there are some things about the college that I hope will never change. For instance, UT has an exceptionally skilled faculty, and that is important. But having faculty who are emotionally invested in their students is what sets UT’s College of Business Administration apart.” Department Head Welcome

recently was listening to the radio when Bob Dylan’s classic folk song “The Times They Are A-changin’” came on. While I enjoyed this trip down memory lane, I was reminded of how much the times are “a-changin” in the Department of Accounting and Information Management. This year will mark the first time in 41 years that neither Bruce Fisher nor Dick Townsend will be on our faculty. As featured in this newsletter, both of these outstanding individuals Iretired from UT this past summer. In addition, Jack Kiger has informed us that he will be retiring next summer. These three faculty members have a combined service to our department of over 120 years! While we appreciate the extraordinary contributions made by Bruce, Dick, and Jack, we are truly excited by the three new members of our faculty. James Chyz joins UT as an assistant professor after having completed his doctorate at the University of Arizona this past fall. Priscilla Wisner, Daniel P. Murphy who received her doctorate from UT in 1997, returns as a distinguished lecturer serving both the Head, Department of department and our MBA programs. Deborah Swanquist, a 2007 UT MAcc graduate, joins us as a Accounting and Information lecturer; she also will head up our student recruiting and internship efforts. Each of these new Management faculty members brings a cadre of skills, knowledge, and professional experiences that will help Deloitte & Touche Professor further our teaching, research, and service missions. In addition, they all are terrific individuals who I NCAA Faculty Athletic know you will like and appreciate when you meet them. Representative Over the past few months, I have spent considerable time pondering these faculty changes and think- ing about their impact on our future. As valuable as individual contributions are to our department, our enduring success is driven by three primary organizational attributes: a great professional and academic culture, a shared set of departmental values based on mutual respect and trust, and an unrelenting commitment to achieving our departmental mission. As the department continues to evolve, I want you as our alumni and friends to know that our focus on student learning, faculty development, and service to the profession and our community will continue to drive our success. Our undergraduate program continues to grow in size and quality. We have over 500 undergraduate majors who demonstrate both a commitment to their studies and professional development as evidenced by the incredible growth of Beta Alpha Psi and the National Association of Black Accountants. The MAcc program this fall will enroll close to 80 highly qualified students who join us from UT as well as from other schools. In addition to pursuing a rigorous course of studies, the program will con- tinue its annual MAcc class trip to Washington D.C. and an optional trip to Shanghai this May. These trips are only two examples of the way we further our students’ academic and professional development. Although relatively small in number, our PhD program continues to attract truly outstanding students. This research-focused program has grown in national stature, and our graduates are sought by many outstanding universities throughout the country. To keep you better informed about what is happening in the department, Christine Cummings, our academic programs manager, has redesigned our website at http://bus.utk.edu/aim. This website also has a link to a newly created accounting alumni community on Facebook. I know you share my pride in what we have accomplished and my enthusiasm for what we plan to attain. Our success, however, requires financial support from our friends and alumni. Your contributions to the Richard Townsend Excellence Fund or the Accounting Excellence Fund, which now can be made online through our website, allow us to attract and retain outstanding faculty and to offer leading-edge academic programs to our students. Thanks for your support.

Let Us Hear Do you have any news to share with us for the next Taking AIM? From You Moved? Promoted? Been honored? Please email us at [email protected].

2 bus.utk.edu/aim Student Profiles

The success of our educational mission relies on the high-quality students who we attract into our baccalaureate and graduate programs. Our department traditionally has attracted top business students, and this year is no exception. To provide you with additional insight into our programs, we have profiled three of our outstanding students.

Colin Reid, Doctoral Candidate Colin Reid, CPA, is a fourth-year account- Colin currently is a graduate assistant for ing doctoral student with research interests the Department of Accounting and Information in executive compensation and auditing. He Management, but has served as both a research obtained his BBA and MAcc degrees from Baylor and teaching assistant. He has taught Account- University and is a licensed CPA in the state ing 200 and assisted Joe Carcello and Terry Neal of Texas. Prior to entering the PhD program at with their research. Most of his time now is the University of Tennessee, he worked as an spent working on his dissertation investigating auditor for PricewaterhouseCoopers in Dallas. CEO pensions and their relation to firm risk and During his time with PwC, Colin performed investment policies. After graduation, he hopes audit work for clients in a wide range of indus- to work at a university that he enjoys with Colin Reid tries including technology, defense contracting, people that he enjoys. He also looks forward to Doctoral Candidate retail, and construction. Although he loves many more adventures with his wife Jessica and his native Texas, he has thoroughly enjoyed their dog Augustus. supporting the Vols and living in Knoxville.

Izabela VanDeest, MAcc Student Originally from Poland, Izabela moved to Building, Izabela was appointed Investments the United States with her family in 2001. She Learning Center Ambassador; she trains students earned her undergraduate degree in account- in the Bloomberg Certification Program (a ing with a minor in finance from UT Knoxville state-of-the-art, real-time investment analysis in May 2010, graduating summa cum laude. system). For the past two summers, Izabela has While completing her undergraduate studies, worked full-time at Decosimo & Company in the Izabela was an active member of UT’s eques- assurance area, focusing on employee benefit trian team and a member and president of Beta plan audits. Alpha Psi. She has represented the university and She was accepted to UT’s MAcc program the chapter at national and regional meetings in for the 2010-2011 academic year and has been Izabela VanDeest New York City and Orlando, Florida. awarded a graduate assistantship in the program. MAcc Student With the opening of the Haslam Business

Nicole Nichols, Undergraduate Student Nicole Nichols, a senior in accounting, plans in Paderno del Grappa, , and, while in to graduate from UT in May 2011 and pursue her Europe, traveled to 16 cities in six countries. MAcc. During this past summer, she interned in Nicole is from Brentwood, Tennessee, where the accounting department at a Georgia Pacific she attended Ravenwood High School. She paper mill in Louisiana. She is completing her played French horn in the Wind Orchestra, was senior thesis, which addresses the effects that a class representative on student council, and workplace fitness programs have on employees was a distance swimmer on the swim team. and businesses. Since arriving at UT, Nicole has been very Nicole is a member of the university’s Chan- involved with campus activities, serving as cellor’s Honors Program and college’s Global reporting secretary for Beta Alpha Psi, co-chair Nicole Nichols Leadership Scholars (GLS) program. As a part of for the Honors Events Committee, and being an Undergraduate Student GLS, she had the opportunity to study abroad active distance swimmer in the UT Swim Club. for a semester. Last spring semester, she studied

bus.utk.edu/aim 3 AIM Welcomes New Faculty

New Faculty

The success of our educational mission also relies on the excellence of our faculty. We are very pleased to have the following individuals join us this year.

James Chyz, Assistant Professor

James Chyz joined UT’s Department of mation on asset pricing, financing, investing, Accounting and Information Management after and financial reporting decisions. He currently receiving his PhD in accounting from the is researching how corporate governance affects University of Arizona. James holds a BA in corporate tax policy decisions and a firm’s equity anthropology from Yale University and a Mas- value. ter of Accountancy degree from the University James has presented at a University of Water- of North Carolina-Chapel Hill. He has been a loo tax symposium and an American Taxation Certified Public Accountant since 2004. Association meeting; he has been invited to James Chyz Prior to obtaining his PhD, James worked participate in tax symposiums at both the Univer- Assistant Professor as a tax senior with Grant Thornton, LLP in sity of North Carolina and University of Illinois. Albuquerque, New Mexico. His research interests James teaches financial accounting and taxation include the effect of taxes and accounting infor- to undergraduate students.

Priscilla Wisner, Distinguished Lecturer

Priscilla Wisner joins the department in a experience in management and consulting, has joint appointment with UT’s Center for Execu- published two dozen articles in academic and tive Education. Prior to joining UT, Priscilla professional journals, and has made numer- taught at the Thunderbird School of Global ous presentations to academic and professional Management and at Montana State University. groups. Priscilla earned a BA from The George She has been an adjunct professor in the Washington University, an MBA from Cornell Executive MBA program at the National Eco- University, and a PhD from the University of nomics University in Hanoi and has taught in Tennessee. She brings a wealth of experience to several other countries. She has over 12 years of our faculty. Priscilla Wisner Distinguished Lecturer

Deborah Swanquist, Lecturer

Deborah joined UT’s Department of an accounting lecturer and the liaison between Accounting and Information Management students and accounting firms. In this latter after working as an auditor at Pricewaterhouse- capacity, she will build the department’s aca- Coopers in Birmingham, Alabama, and, prior demic brand by attracting top students to the to that, as a senior auditor in the internal program and increase student placement upon audit department at Assurant Corp. in Miami, graduation. She obtained her BS in accounting Florida. She currently holds CPA licenses in from the University of Alabama and her Master both Alabama and Florida. Deborah has two of Accountancy degree from the University of Deborah Swanquist responsibilities in the department; she is both Tennessee. Lecturer

4 bus.utk.edu/aim Academic Enrichment

The Department of Accounting and Information Management (AIM) constantly seeks to broaden student awareness and global appreciation. With this goal in mind, the department sponsors a number of academic enrichment activities every year.

National Association of Black Accountants (NABA) In fall 2009, UT’s NABA student chapter was chartered with a membership of over 30 students. By spring 2010, membership had grown to more than 50 students. Faculty advisors are Dr. Randy V. Bradley, AIM assistant professor, and Tyvi Small, coordinator of diversity initiatives for the college. NABA students understand that their cultural and social experiences give them a unique opportunity to help develop current and aspiring students; they adhere to the NABA creed of “lifting as we climb.” UT’s NABA chapter sponsors professional and social events that provide students with insights about work- place environments. At one particular event, students met with a panel of UT MAcc and accounting alums from underrepresented groups who stressed the importance of having a great attitude and work ethic. NABA students also participate in a number of off- campus community activities, including Big Brothers Big Sisters and NABA Day, when the chapter provides students from Knoxville-area Pledge and Promise high schools with a pre-college experience. The chapter also has hosted NABA student chapters from Historically Black Colleges and Universities (HBCUs). This past year, a group of 20 NABA students traveled to Charlotte, North Carolina, for a three-day professional Students from UT’s NABA development trip. The students met with executives and professionals from Bank of America, chapter on a professional the Charlotte Bobcats NBA team, Dixon Hughes (Asheville, North Carolina, office), and Price- development trip to waterhouseCoopers. Students also took part in the NABA Southern Region Student Leadership Charlotte, North Carolina. Conference and Annual National Convention and Diversity Career Expo. The upcoming year features the inaugural UT Statewide Business Diversity Consortium. With help and support from Ben Stanga and PwC, the consortium will consist of workshops, networking, professional development, and recruitment opportunities for students and entities interested in promoting and recruiting a diverse workforce.

Beta Alpha Psi (BAP) In August 2010, BAP members Rachel Oakely and Blake Beasley traveled with faculty advisor Karyn Valades to the BAP annual convention in San Jose, California. They made a presentation titled “Running a Successful VITA Program.” BAP members have operated a very well-received VITA (Volunteer Income Tax Assistance) program in east Knoxville for the past three years.

bus.utk.edu/aim 5 We are extremely grateful to the following individuals, businesses, and Donor Honor Roll foundations who contributed to the department this past year. Your support allows us to achieve a level of excellence that we could not achieve if we relied solely on state funding. To all of you...THANKS!

$20,000 and up Mr. Francis J. Bedard Ms. Amanda L. Stevens Mr. Andrew Steven Case Ms. Brittany Paige Miller Anonymous Mr. Lewis R. Belote, III Mrs. Diane K. Stumph Mr. Robert Stephen Caylor Ms. Shelley A. Miller American Institute of CPAs Miss April Blalock Mr. Brian C. Thompson Kevin & Kristen Coffman Mr. Gregory Samuel Minardo Dixon Hughes, P.L.L.C. Dr. Harold Roth & Gracia Bobbitt Michael & Jill Turner Ms. Karen S. Collins CPA Miss Stephanie Morela Mr. Roy Lee Harmon, Jr. Mrs. Judi V. Bruce Mr. Thomas D. Walker Ms. Kathleen Claire Condon Charles & Catherine Morris PriceWaterhouseCoopers LLP Dr. Sarah Beth Clinton Jefferson & Deborah Williams Mr. Wesley N. Cothron Mr. Mark K. Mosdell Foundation Community Foundation of Greater Mr. Burton M. Courtney Mr. Mark Mosteller Mr. Arthur Henry Van Buren Memphis $250 to $499 Benjamin & April Coy Ms. Martha Barrett Norris Thomas Miller Cross, III, C.P.A. Mr. Andrew Allen Mr. Jimmy G. Creecy Ms. Meredith R. Norris $10,000 to $19,999 Crowe Horwath LLP Bank of America Corporation Ms. Kimberly Jayne Criss Mr. Richard P. Oder Ernst & Young LLP Foundation Doug Standifer Rentals Mr. William Barlar Dr. Thomas Russell Crook Michael & Jayme O’Donnell Larry & Merry Evans Ms. Deana L. Drewry Mr. Benjamin Keith Boyd David & Sandra Cropper Ms. Lauren Oglesby Marshall & Ashley Franklin Mr. Larry W. Eddlemon Dr. James & Diane Brown Mr. Tim R. Dalton Mr. Alan Owen Billy & Laura Gilliam Larry & Sherry Elmore Mrs. Kimberly A. Brown Ms. Yue Dang Mr. Jonathan William Papaik David & Jeanne Jones Roy & Christine Foust Ms. Alycia Marie Carr Mr. Robert Harvey Davidson Maria & David Parkerson Michael & Tina Lobel Daniel & Renee Franklin Mrs. Kathy D. Cate Mr. John Cusick Davis, Jr. Mrs. Margaret Helene Paul Pricewaterhouse Coopers Ms. Nan M. Given Mr. Bradley Shane Coulter Miss Laura H. Demski Ms. Jessica Peleck Kenneth & Shari Wills Mr. Robert Z. Hensley Mr. William Clyde Coward Mr. Sean Robert DeWitt Mr. Ravikanth Lakshman Mrs. Lisa Waller Hill Ms. Amber Cutler Dr. Charles D. Dietzen Pentapaty $5,000 to $9,999 David & Kathy Holt Mr. Charles Edward Davis, C.P.A. Mr. Thomas R. Digovanni Ms. Cristina Maria Perez Deloitte Foundation Mr. Ted Hotz Mr. Matthew B. Davis Ms. Lindsay Donald Bradley D. Petty Ronnie & Julie Cate Alan & Sara King Dr. James Walter Deitrick Mr. Scott R. Dotson Mr. Kyle J Phillips Terry & Juanita Cowles KPMG Mr. Prashant Mukesh Desai Ms. E. Elaine Dukes Ms. LeEllen Nicole Phillips Mr. David M. Evans Mr. J. Mark Loizeaux John & Stephanie Dickson III Miss Kara Michele Dukes Patricia & John Pontius First Tennessee Bank David & Mary McClung Mr. Taylor D. Dunn Mr. Dewayne Earls Mr. Jacob Gregory Pratt Benjamin & Susan Foard Frank & Mary McGregor Ms. Kelsey Nicole Fautsch Ms. Julie Elizabeth Earls Ms. Amanda Presley Brian & Heather Foley Ms. Virginia Sliger Milligan Mrs. Patricia Yvonne Flowers Dr. Thomas G. England Mr. Brandon Chase Quick Robert & Katie Ford Mr. Thomas Moore Mr. Andrew Scott Fraser Mrs. Lisa G. Evans Ms. Rebecca Sue Rasnic Home Federal Bank of Tennessee Pugh & Company, P.C. Mr. Charles L. Harrison Mr. Cyrus Timothy Farhangi Ms. Kelly C. Rawlings Christopher & Karen Ideker Mrs. Henrietta Pugh Mr. Kevin Michael Heath James & Mary Fiegle Mrs. Amy Fischer Reavis Mrs. James H. Jones Mr. Will J. Pugh Ms. Rosalyn L. Hess Dr. Bruce D. Fisher Mr. Nathaniel Lee Reed Kimberly-Clark Foundation Shafer Insurance Agency, Inc. Ms. Jennifer Gilbreath Hillenmeyer Ms. Miriam Kay Franklin Mr. Darryl M. Richards William & Rose Oglesby Jimmy & Billie Shelby Ms. Beata Wai Ieng Ho Mr. Brian Daniel Fromhold Ms. April L. Ricker Daniel & Allison Pressley Siemens Medical Solutions USA, Inc. Dr. Roy L. Hood Richard & Tina Garland Ms. Helen J. Rinker Richard & Ann Smith Stewart & Ann Siewert Mr. R. Matthew Johnson Seaton & Kristin Garrett Richard & Joyce Robbins David & Beverly Stacey Randall & Jennifer Smith Mr. Kent D. Kurkiewicz Mr. Stephen Gentry David & Jeanette Roberts Benjamin & Christy Stanga Mr. David F. Leiter Jr. Mr. Kenneth H. Gilbert Mr. Wesley Andrew Roberts $2,000 to $4,999 Mr. Matthew D. Stone Ms. Callie Leann Lindsey Wilburn T. Grant III Geoffrey E. Robson Ameriprise Financial, Inc. Mr. Steven M. Tapp Ms. Bethany Blankenship Marks Howard & Diane Green Ms. Gwendolyn N. Rogers Mr. Jonathan C. Bailey The Procter & Gamble Fund Mr. Jordan R. Marshall Mr. Brent D. Griffin Mr. Joseph Romano Mr. James Schaad & Dr. Richard & Irene Townsend Mr. Raj Ashok Mehta Ms. Katie Griffin Donald & Cheryl Royal Ms. Jennifer Banner Mr. J. Herbert Ward Patrick & Shari Mogridge Ms. Laura Beth Grim Mrs. Cathy Stephens Russell Mr. Robert H. Bebber Charles & Sandra White Ms. Caroline Jane Murphy Ms. Ginny Hack Katherine J Savage Dr. Bruce & Julianne Behn Dr. Jan & Elaine Williams Mr. Thomas Christopher O’Connor, Jr. Mr. Daniel Reece Hamilton Ms. Anastasia Serdensky Mr. Allen B. Bell Douglas & Sara Yoakley Dr. Gwendolyn R. Pate Ms. Whitney Denise Hardy Mr. Joshua L. Sharp Steven & Jill Brown Mr. Amar Madhukant Patel Mr. Matthew S. Harrison Dr. Peter A. Silhan Mr. Andrew N. Burns $500 to $999 Mr. Nirav J. Patel Ms. Mary Elizabeth Haynes Mr. Adam Jay Simon James & Rebecca Callihan Mr. Kelvin M. Ault CPA Brad & Christine Rolland Mr. Benjamin Lee Hickok Zachary & Ashley Simpson Citi Global Impact Funding Trust, Mrs. Dawn E. Bertsche Ms. Shanika Deshawn Sanders Ms. Chelsea E. Highsmith Mrs. Sandra J. Skinner Inc. Dr. Randy Vidal Bradley Matthew & Victoria Sandlin Mr. Derick Hobby Mr. Eric L. Smith Peter & Doris Coode Sean & Jenny Brewer Mr. S. Blake Stinnette Mr. John Richard Hogan Mr. Grant Langdon Smith Stephen & Patty Coulter Ms. Charlene C. Brown Mr. Joshua Blane Tolley Dr. Anita Sawyer Hollander Ms. Katherine Elizabeth Souto Crowe Horwath LLC David & Kathryn Burt Trust Company of Knoxville Mr. Miguel P. Holmes Aaron & Hilary Stimart Mr. Marcus D. Davenport Dr. Jane E. Campbell Peter & Sarah Turner Donald & Rebecca Holt Miss Kara R. Stratton ELD Associates, L.L.C. Mr. Gordon L. Chatterton Ms. Jamie R. Underwood Mr. Case D. Hopkins Ms. Rachel Stuart Emerson & Catherine Fly Mr. Gregory E. Cox, Jr. Mr. Jeffrey Todd Warren Mr. Johnathan B. Jennings Ronny & Tambi Swiney Rowland & Margaret Funk Ms. Melanie Suzanne Demotts Mrs. Margaret Cuningham Whittaker Ms. Grace Jin Richard & Martha Tabor Mr. Kostyantyn L. Grabovskyy Mrs. Jennifer Robin DeVincenzo Mr. Thomas Campbell Whittaker, II Joseph & Patricia Johnson Ms. Megan J. Talley Mr. Andrew R. Harper Mr. Joe L. Evans Mr. Kevin Scott Wilder Ms. Jennifer Anne Juergens Ms. Jessica Erin Tate Douglas & Brenda Horne Fidelity Charitable Gift Fund Ms. Kelly Marie Woodruff Stephen & Debra Kahn Mr. Brian Christopher Taylor Dr. Jack & Kathryn Kiger James & Joanne Ford Mr. Steven D. Kangas Ms. Lydia L. Taylor KPMG Foundation Mr. Ellis W. Fowler, Jr. up to $249 Dr. Janet M. Kelly Mr. Wesley A. Taylor John & LeAnn Luna Mr. J. Lee Fry, III Mrs. Jane Gilbert Andrews Ms. Alina Kirillina Ms. Allison N. Teague Ms. Janet L. McKinley Dr. Robert Mark Fuller David & Donna Arakawa Mr. Herman Edward Kleine, III Mr. John Thomas Tester Dr. Daniel & Suzan Murphy Mr. Jewell M. Garrison Don & Carolyn Arden Mr. Robert C. Knies Matthew & Laura Thigpen James & Angela Pugh Mr. Jon Gaston Mr. William Charles Atkins Ms. Susan C. Koch Mr. Joshua Miles Trusley Regions Financial Corporation Scott & Ginger Giffin Mrs. Althea Jane Parks Aycock Mr. Kurt Alan Krushenski Ms. Megan Ladawn Turner Louis & Victoria Riddle Mr. Richard Wayne Iddins B and L Associates Mr. Wesley Charles Lee Mrs. Karyn L. Valades Mr. Scott A. Roe Mr. Michael E. Jones John & Leeann Bailes Mr. Steven H. Leib Ms. Izabela M. VanDeest Mr. Brett W. Rousch Ms. Sarah M. Mallicote Ms. Jody K. Baker Ms. Rebecca Cassill Lester Mr. Phillip Vaughn William & Jane Salter James & Susan Maples Thomas & Janet Baudry Ms. Haley Lewis Ms. Hongli Wang Michael & Leslie Shamblin John & Louella McElroy Mr. Daniel Henry Bauer Mr. George Glaydon Lifsey Ms. Jennifer Weiss Barrett & Betsy Simonis Ms. Alyssa Suzanne Nimetz Jason & Katie Baxter Ms. Lisette Lipscomb Lois A. Welch Dr. Keith & Josie Stanga Mr. Andrew Eugene Owen Adam J. Bean Mr. Michael Thomas Lowe Michael & Alice West TSCPA Auxiliary Knoxville Chapter Mr. Brian A. Rauch Eric & Nancy Beaty Ms. Shunlan Lu Tim & Mary Wheat Vanity Fair Foundation Mr. Mark Rennich & Ms. Vicki Mayfield Ms. Megan Lee Bethmann Ms. Stacie Latoya Malone Dr. Casper Eldredge Wiggins Lynn R. Youngs Timothy & Vickie Rhodes Mr. Nathaniel Andrew Borghi Phillip & Virginia Mattox Mrs. Danielle Morrow Williams Mr. Kollin Eugene Rommel Ms. Tiffany Ann Boyden Mr. Sean Griffith McCallen Ms. Whitney Rae Williams $1,000 to $1,999 Ms. Alison Mae Rosenbury Mr. Jason Mitchell Brown Ms. Lisa M. McClain Mr. Jonathan Robert Winn Mr. Edward A. Adams, Jr. William & Marianne Sharp Ms. Lesli Ann Brown Mrs. Rachel Arsenault McCulloch Mr. Kiel Grant Wolf Dr. Ken & Ellen Anderson Mrs. Laurie R. Shimp Ms. Katherine Dubois Brunelle Mr. Evan McCutchen Kevin & Lauren Woods ARG Financial Staffing Taylor & Jean Simonton Mr. John W. Campbell, Jr. Mrs. Elizabeth M. McEntyre Mr. Paul J. Yoo Atmos Energy Corporation Mr. Darren A. Smith Ms. Ashley A. Carter Mr. James L. McPhetridge, C.P.A. Mr. Patrick Zaloum Mr. James B. Baker Michael Allen Spence, C.P.A. Mrs. Stacy Carter Mr. Spencer Sentelle Mercer Ms. Erin Zurbrick

6 bus.utk.edu/aim Scholarship Recipients 2010-2011

ACCN OU TING ALUMNI DAVID & JEANNE CLAIR JONES W. HAROLD READ TENNESSEE SCHOLARSHIP ACCOUNTING SCHOLARSHIP SCHOLARSHIP IN ACCOUNTING SOCIETY OF CPAs Rob Whited Rachel Oakley Hilary Ailshie SCHOLARSHIP Kathryn Puckett Elijah Akers Hilary Ailshie Mark Allen SCHOLARSHIP Noel Scruggs Cynthia Bynum Elijah Akers Quinn Swanquist Rebekah Tompkins Hannah Coode Alena Belfor Shannon Coyne Phileshia Campbell AMERICAN SOCIETY OF WOMEN EDWARD E. JUDY SCHOLARSHIP Katie Darnall Melissa Duff Eric Eisen ACCOUNTANTS SCHOLARSHIP Layken Culver Cortney Edmondson David Fesmire Eric Eisen Andrea Foust Alyson Hunt Kari Parsons Marta Grese Cory Fisher Samantha Graves Stephen Guerrette Michael Ford Kevin Guice Andrea Foust RONALD & JOAN JUSTUS GRACE & BRODIE BAYNES Holly Hancock Leanna Fraker SCHOLARSHIP IN ACCOUNTING SCHOLARSHIP John Hamilton Samantha Graves Philiesha Campbell Dadrien Barnes Marvin Henderson Angela Greene Melissa Duff Ksenia Kuznetsova Holly Hancock JACK E. KIGER Kari Luna Derek Hobby Kyle Moffatt BIBLE HARRIS SMITH AWARD SCHOLARSHIP IN ACCOUNTING Geoff Hornstra Matthew Navarro Jasmine Collier Long Kwan Kendall Howser Nicole Nichols Shannon Talley Jordan McGrew Jessica Hudson William Parrott Izabela VanDeest Jason Kaspar Mary Patton KPMG SCHOLARSHIP Nikki Nichols Amy Pouget Leah Muriel Megan Nixon RENDA J. BURKHART Emily Prince Meredith Norris SCHOLARSHiP FUND Mary Rochester Graham Overton Andrea Foust THOMAS S. LEWIS, JR. Benjamin Self Kari Parsons Kari Lopez SCHOLARSHIP IN ACCOUNTING Margaret Sharp Andrew Reeves FUND Daniel Stone Eric Reinhardt-Ownby JOHN & CECIL CAMPBELL Huiming Yu Herbert Tolliver Kimberly Rutherford SCHOLARSHIP FUND Shirmeen Virji Cory Spano Scotty Conley J.P. & GLADYS MAPLES Teresa Walrond Wes Spiro SCHOLARSHIP FUND Scott Zink Rebecca Tompkins CROWE HORWATH LLP Alyssa DuPuy Izabela VanDeest MICHAEL SHAFFER James Williams ACCOUNTING SCHOLARSHIP Blake Beasley A. DAVID MARTIN SCHOLARSHIP SCHOLARSHIP Douglas Brown Ryan Shaw IN ACCOUNTING DEPARTMENT OF Robert Conley Scott Martineau Casey Woods ACCOUNTING AND BERNARD I. DAHLBERG Jason McGill INFORMATION Jordan McGrew MEMORIAL SCHOLARSHIP MANAGEMENT James Owen SHELBY ACCOUNTING CAREER Mario Fortney MACC GRADUATE Jason Kaspar Cory Spano SCHOLARSHIP FUND Mitchell Bradford ASSISTANTSHIPS Jeffrey Pudelek Casey Adams G.W. MCCALL, SR. Andrew Brown Lauren Beard SCHOLARSHIP AWARD Jason Knight DELOITTE & TOUCHE Hannah Pierson James Clark SCHOLARSHIP Philiesha Campbell Jonathan Colwell Rebekah McCarty HENRY I. SLIGER AWARD FUND Joseph Diaferia JERRY W. OGLE MEMORIAL Meredith Norris Cortney Edmonson DIXON HUGHES SCHOLARSHIP Kari Parsons Wesley Emison SCHOLARSHIP Melissa Duff Robert Feldman Alyson Hunt Cory Fisher Allison Beck STEPHEN R. TROTTER Meredith Norris Adam Franklin MEMORIAL SCHOLARSHIP Chynna Grayson ERNST & YOUNG SCHOLARSHIP FUND PERSHING YOAKLEY & Derick Hobby Lauren Carse Patrick Byrd ASSOCIATES SCHOLARSHIP Devon Holbrook Allison Dowdle Geoff Hornstra Scott White GARY & NAN GIVEN Justin Short Elizabeth Howser ACCOUNTING SCHOLARSHIP Ryan Kunda Hannah Mroz PRICEWATERHOUSECOOPERS SINGLETON B. WOLFE Lauren Oswald Maria Richardson SCHOLARSHIP SCHOLARSHIP Jeremy Park Colin Reid Alena Belfor Dain Penzhorn Jason Knight Andrew Reeves PUGH & COMPANY Eric Reinhardt-Ownby SCHOLARSHIP Gabriel Rivers Meredith Haynes Kimberly Rutherford William Smith Kathleen Sharp Jonathan Shaw Jason Smith Wesley Spiro Griffin Tuggle Izabela VanDeest Alison Walton Jingjing Yang

TheUiversi n ty of Tennessee EEO/AA Statement The University of Tennessee is an EEO/AA/Title VI/Title IX/Section 504/ADA/ ADEA institution in the provision of its education and employment programs and services. Publication Number: E01-1405-001-11

bus.utk.edu/aim 7 TakingAIM Department of Accounting and Information Management 629 Stokely Management Center University of Tennessee Knoxville, TN 37996-0560

Retiring Faculty

Dick Townsend An award-winning associate professor of are so good at what they do. That’s who I’m accounting, Dick Townsend began teaching at going to miss the most when I retire. I’ll also UT in 1969. From teaching on closed-circuit miss the interaction with the students. It’s television (1975-1984) to teaching courses in a fresh group of students each year, and the the new, technology-rich James A. Haslam II students are generally fun to be with.” Business Building, Dick still is in awe of how he Dick also has taught continuing education has seen the campus grow. for CPAs for more than 30 years. “I’ve really enjoyed teaching at UT,” Dick He retired in June 2010, and he will be said. “My colleagues are very supportive. They greatly missed by colleagues and students alike. Dick Townsend Bruce Fisher Bruce Fisher also began his career at UT in In addition to these publications, he has 1969. Prior to joining the faculty, Bruce earned written three textbooks for West Publications. his JD at the University of Michigan and his Bruce has had an enduring interest in other LLM at The George Washington University. academic institutions and countries and has During his 41-year tenure at UT, Bruce has held visiting professorships at Stanford, taught thousands of undergraduate and gradu- Michigan, Florida, UNC, and HEC in Paris. ate students in both the Master of Accountancy He has served his profession as president of the and MBA programs. Academic Legal Studies in Business Association. Bruce is a prolific scholar, having published We thank Bruce for his excellent service to over 60 refereed articles in both legal and busi- the department, and we will miss him. Bruce Fisher ness journals, including The Wall Street Journal.

8 bus.utk.edu/aim