The Organization of Accredited Graduate Programs in Accounting Newsletter Vol. 37, No. 1 | Spring 2013

Table of Contents LETTER FROM THE PRESIDENT

ello and welcome to the new look of the Federation of Letter from the President. . . . . 1 Schools of Accountancy. I trust that your academic year Nominations for FSA Elections. . .2 Hhas gone well. Thank you for allowing me to serve as your President this past year. I would like to take this oppor- 2012—2013 FSA Officers . . . . . 2 tunity to update you on current initiatives for the Federation of Schools of Accountancy. 2012 FSA Practitioner Service Award...... 3 In March the FSA launched its refreshed website, www.thefsa. org. Thank you for your positive feedback on the updated logo 2012—2013 FSA Board of Directors.3 and new look. The rebranding initiative is a result of our strategic Fred Mittelstaedt planning process designed to take a fresh look at the organization, FSA Membership List...... 4 its strengths, and ways that it may collaborate with its partners including the AACSB and the 2012 FSA/Joseph A. Silvoso Faculty AAA. We welcome your comments and thank you for your continued support in this rapidly Merit Award...... 4 evolving educational environment. Our comments to the AACSB regarding accreditation standards and our continued partnerships with APLG and AAA continue our commitment to 2013 Faculty Consortium Agenda. .5 promote and support graduate level accounting education. FSA Calendar...... 6 The eleventh annual Deloitte Foundation/FSA Faculty Consortium will be held May 31 – June 1. We are excited that Deloitte University will be hosting the event for the first time. Deloitte 2013 AICPA Accounting Competition University is located in Westlake, Texas, just outside of Dallas. This year’s meeting will take To Focus on Personal Financial place on Friday and Saturday. All full member and accredited affiliate schools were invited Planning...... 6 to send one representative to the Consortium. The Deloitte Foundation generously provides conference registration, meals, and one night’s lodging. The program offers CPE credit to 2013 FSA Student Award Recipients...... 7 attendees. This year’s program, developed by Yvonne Hinson and Kathy Shoztic, is entitled “Similar Economic Events - Different Accounting Treatment.” Accounting professionals and leading academics will present a full range of issues in a very interactive format. Details may be found elsewhere in this newsletter. The FSA Student Awards Program continues to be very popular with our members. This spring participating schools have awarded ninety-five highly qualified students in graduate level accounting programs with plaques commemorating their success. We hope to highlight several students on the new website in the coming months. The ninth annual APLG/FSA Joint Seminar held in San Diego in February was a collective success. The FSA announced two awards at the annual luncheon. Mary Stone of the University of was presented with the FSA/Joseph A. Silvoso Faculty Merit Award for her many years of service to the accounting profession. Julie Peters with PwC was honored as the recipient of the FSA Practitioner Service Award. You will find pictures and bios elsewhere in this newsletter. The FSA also sponsors the Mark Chain Innovation in Graduate Teaching Award. This award honors Mark Chain of Deloitte for his distinguished service to the professions of accounting and accounting education and for his significant contributions to the development of FSA. This year’s winner is Kelly R. Pope of DePaul University. Dr. Pope produced a documentary entitled, “Crossing the Line: Ordinary People Committing Extraordinary Crimes.” Yo u will find a link to the trailer here http://vimeo.com/31228845. As a reminder, if you submit a learning strategy for the Effective Learning Strategy poster session at the annual AAA meeting and it is accepted, the learning strategy will be automatically considered for the Mark Chain award. The FSA provides financial support of the $2,500 for the winner to attend CTLA. Since CTLA precedes the AAA meeting in the same city, this is a fantastic opportunity for the award winner to receive financial support for travel to the AAA meeting as well. You may review recent award winners, and honorable mentions, and their submissions (strategies) at www.aicpa.org/interestareas/accountingeducation/resources/awards/pages/ markchainfsainnovationingraduateteachingaward.aspx . thefsa.org (continued on page 2) 1 Newsletter

(continued from page 1) 2012–2013 FSA Officers and Board Officer and board member elections will take place in July via electronic ballot. The Nominating Committee is currently reviewing nominations from members, including self-nominations, for PRESIDENT officers and board members for 45 days after publication of this newsletter. At the expiration of H. Fred Mittelstaedt 45 days, ballots will be emailed to the primary contacts for membership. University of Notre Dame Department of Accountancy Best wishes for an enjoyable and productive summer, 102D Mendoza College of Business Notre Dame, IN 46556-5646 Phone: (574) 631-7324 Fax: (574) 631-5544 Email: [email protected]

VICE PRESIDENT/PRESIDENT ELECT Yvonne Hinson H. Fred Mittelstaedt Wake Forest University FSA President 325 Kirby Hall Winston-Salem, NC 27106 Phone: (336) 758-5113 Fax: (336) 758-6133 Nominations for FSA Elections 2013–2014 Email: [email protected] SECRETARY he FSA officer and board member elections will take place in July 2013 prior to the Robert Ricketts AAA Annual Meeting. Officers and Board of Directors are elected by majority vote us- Texas Tech University Ting electronic voting. The FSA Nominations Committee has tentatively nominated the Rawls College of Business following individuals for the respective office or director position. MS2101 Yvonne Hinson, President – Wake Forest University Lubbock, TX 79409 Phone: (806) 742-3180 Robert Ricketts, Texas Tech University – Vice-President Fax: (806) 742-3958 Tim Pearson, Georgia Southern University – Treasurer Email: [email protected] Michael Roberts, University of Colorado at Denver – Secretary TREASURER Michael Akers, Board Member, Member Schools – Marquette University Larry Tunnell Sean Robb, Board Member, Member Schools – University of Central Florida New Mexico State University Rebecca Shortridge, Board Member, Member Schools – Northern Illinois University Box 30001, MSC 3DH Janet Butchko, Supporting associate - Deloitte Las Cruces, NM 88003-8001 Phone: (505) 646-4904 Holly Thomas, Supporting associate - KPMG Fax: (505) 646-1552 Maria Baltar, AACSB – Board Member, Nonprofit Associate Email: [email protected] Officers and Board of Directors shall be elected by a majority vote of the members voting PAST PRESIDENT electronically prior to the AAA annual meeting. Gary McGill We greatly appreciate the service of all FSA Officers and Board members. The following members will continue their current term of service through 2013 – 2014. Fisher School of Accounting Warrington College of Business H. Fred Mittelstaedt, University of Notre Dame - Immediate Past President (serving PO Box 117166 as President for 2012 – 2013) 210 GER Parveen Gupta, Lehigh University – Board Member, Member Schools Gainesville, Florida 32611-7166 Phone: (352) 273-0200 Fax: (352) 392-7962 Email: [email protected]

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2012–2013 FSA Board of Directors Member Schools 2012 FSA Practitioner Service Award Parveen Gupta Julie A. Peters, CPA (inactive) Lehigh University 621 Taylor Street ulie began her career in public accounting in 1989 working in Assurance Services and Bethlehem, PA 18015-3118 was promoted to manager in 1996. Julie made a career change within her Firm in Phone: (610) 758-3443 1997 when she moved into a Human Resource role. For ten years, Julie managed Fax: (610) 758-6429 J Email: [email protected] campus recruiting efforts in Ohio, Indiana, and Kentucky handling all of the entry level and intern hiring for those offices and leading the firm’s nationwide recruiting efforts for the schools in those geographic areas. She also assisted with several national programs Sharon Lightner including PwC’s Accounting Symposium and Tax Colloquium. In July of 2007, Julie California State University San Marcos accepted a role with the national campus recruiting team as a Campus Programs Manager 333 S. Twin Oaks Valley Road primarily focused on University Relations. Julie now serves as the firm’s US Faculty San Marcos, CA 92096-0001 Relations Leader with oversight of all PwC funding and resource support for academia. Phone: (760) 750-4211 Fax: (760) 750-4239 Julie is a member of the American Accounting Association including the Audit Section and Email: [email protected] the Accounting Program Leaders Group. She completed a 2 year term on the Accounting Program Leaders Group board from 2008-2010. Julie is also involved with the Accounting Timothy A. Pearson Doctoral Scholars Advisory Council. Georgia Southern University P.O. Box 8141 Julie is a Certified Public Accountant (Inactive) in the state of Ohio. Julie attended Wittenberg Statesboro, GA 30460-8141 University in Springfield, Ohio, and currently resides in Cincinnati, Ohio, with her husband and Phone: (912) 478-0103 three daughters. She is the Treasurer of the Margaret Peters Memorial Fund, a cancer charity Fax: (912) 478-0105 created in honor of her late mother-in-law. Julie also actively volunteers with her childrens’ Email: [email protected] schools and extracurricular organizations. Michael Roberts University of Colorado at Denver Box 165, CU-281 Denver, CO 80217 Phone: (303) 315-8460 Fax: (303) 315-8084 Email: [email protected]

SUPPORTING ASSOCIATES Shaun Budnik Deloitte Foundation Ten Westport Road Wilton, CT 06897 Phone: (203) 563-2571 Email: [email protected]

Kathy Schaum KPMG LLP National Campus Recruiting Strategy 55 2nd Street, Suite 1400 San Francisco, CA 94105 Phone (415) 963-7638 Email: [email protected]

NONPROFIT ASSOCIATES Maria Baltar AACSB Julie A. Peters 777 South Harbour Island Boulevard Suite 750 Tampa, FL 33602 Phone: (813) 367-5208 Email: [email protected] For updates visit us at thefsa.org 3 Newsletter

2012 FSA Joseph A. Silvoso Faculty Merit Award FULL MEMBERS Arizona State University • Auburn University Dr. Mary S. Stone, CPA, Ph.D. • Baruch College/CUNY • Baylor University Director and Hugh Culverhouse • Belmont University • Bentley College • Boise State University • Bowling Green Endowed Chair of Accountancy State University • Bradley University • Culverhouse College of Commerce & Brigham Young University • California State Business Administration University – Fullerton • Case Western The Reserve University • Clemson University • Cleveland State University • College of ary Stone joined the University Charleston • College of William and Mary faculty in 1981 as an assistant • DePaul University • Drake University • Mprofessor in the Culverhouse East Tennessee State University • Florida School of Accountancy. She was pro- International University • Florida State moted to associate professor in 1984, University • George Mason University • awarded the rank of full professor in Georgia Southern University • Georgia State 1990, named Hugh Culverhouse En- University • Idaho State University • Illinois dowed Chair of Accountancy in 2002, and State University • James Madison University appointed Director of the Culverhouse • John Carroll University • Kansas State School of Accountancy in 2004. Mary is University • Kennesaw State University • Kent State University • Lehigh University • an AICPA Council Member at Large, and Tech University • Loyola College President of Beta Alpha Psi. She is a in Maryland • Loyola University Chicago • former trustee of the Financial Account- Marquette University • Marshall University • ing Foundation and former member of the Miami University • Michigan State University Financial Accounting Standards Advisory • Mississippi State University • Missouri State Council and the Accounting Standards University • New Mexico State University • Executive Committee of the American In- FSA President Fred Mittlestaedt Northern Illinois University • Oklahoma State stitute of Certified Public Accountants and and Mary S. Stone University • Old Dominion University • Rider Past President of the American Account- University • San Diego State University • ing Association, and a Florida CPA (certificate 5541). Southeastern Louisiana University • Southern Illinois University at Carbondale • Southern EDUCATION: Ph.D. University of Illinois, Urbana-Champaign; BS and MS Central Florida Illinois University at Edwardsville • St. John’s University University • St. Joseph’s University • Stetson RECOGNITION: University of Central Florida College of Business Outstanding Alumni Award University • Texas A & M University • Texas (2011), American Accounting Association Outstanding Accounting Educator (2007), Beta Tech University • The Chinese University of Alpha Psi Business Information Professional of the Year – Education (2006), Co-winner AAA/ Hong Kong • The University of Mississippi McGraw-Hill Accounting Horizons Best Paper Award (2006), Alabama Society of Certified • The University of Tennessee – Knoxville Public Accountants Outstanding Educator (2001-2002), The University of Alabama National • Truman State University • University of Alumni Association Outstanding Commitment to Teaching Award (1999), Ernst & Young Akron • University of Alabama • University of Alabama at Birmingham • University of Professor of Accounting (1993-2002), C&BA Outstanding Researcher Award (1988), Arthur Albany, SUNY • University of Arkansas • Andersen & Co. Research Scholar (1989), Peat Marwick Main Research Scholar (1988), Van University of Buffalo • University of Central Pelt Award for Outstanding Contribution to Accounting Literature (1984, 1983). Florida • University of Central Missouri • UA COURSES: Advanced Accounting, Financial Reporting I, Financial Reporting II, University of Colorado Denver • University of Continuing Developments in Accounting Theory, Accounting Research Seminar II, Special Denver • University of Florida • University of Topics. Georgia • University of Houston – Clear Lake • University of Illinois at Chicago • University SERVICE: Board of Directors of FSA; Member FEI, AICPA, ASCPA, and AAA. Former of Illinois at Urbana Champaign • University member of AICPA Nominating Committee; Editorial Board: Journal of Accounting and Public of Iowa • University of Kentucky • University of Policy; Trustee Accounting Historians; chaired C&BA Promotion and Tenure Committee; Louisville • University of Memphis • University served on Provost Search Committee, C&BA Faculty Executive Board, Committee on of Miami • University of Missouri – Columbia • University Plans, Graduate Council, Committee to Select Candidates for Rhodes, Truman, and University of Nebraska – Lincoln • University Marshall Scholarships. of New Mexico • University of • University of North Carolina at Charlotte • University of North Texas • University of Notre Dame • University of Oklahoma • University of Oregon • University of Rhode Island • University of South Carolina • University of South Florida • University of Southern California • University of Southern Mississippi (continued on page 5) 4 Newsletter

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• University of Texas – Arlington • University 2013 Deloitte Foundation/Federation of Schools of of Texas – Austin • University of Texas – Accountancy Faculty Consortium Dallas • University of Texas – El Paso • University of Texas – San Antonio • University of Utah • University of Virginia, McIntire “Similar Economic Events - Different Accounting School • University of West Georgia • Utah Treatment” State University • Virginia Commonwealth University • Virginia Tech • Wake Forest May 31–June 1, 2013 University, Calloway School • Weber State University • University • Western Westlake, Texas Michigan University • Wichita State University • Wright State University

ACCREDITED AFFILIATES Friday, May 31, 2013 Central Michigan University • Creighton 1:00 – 1:50pm Optional Tour of Deloitte University University • Eastern Illinois State University • Ohio University • Pacific Lutheran University 2:00 – 2:10 Welcome and Announcements • Towson University • University of Dayton 2:10 – 3:10 Conceptual Framework Update • University of Southern Maine • Villanova Speaker: Jim Leisenring, FASB University • Wayne State University 3:10 – 4:10 Presentation: The Business Model in Accounting AFFILIATES Speaker: Katherine Schipper, Duke University Boston College • California Lutheran University • Castleton State College 4:10 – 4:30 Break • Colorado State University • Eastern 4:30 – 5:30 Case Study: Financial Instruments - Intent Michigan University • Fairleigh Dickinson University • Florida Atlantic University • Speaker: Katherine Schipper, Duke University Florida Gulf Coast University • Florida 5:30 – 6:30 Free Time Institute of Technology • Fordham University • Gonzaga University • Indiana University 6:30 – 7:15 Reception of Pennsylvania • LaSalle University • Long 7:15 – 8:30 Dinner Island University – CW Post Campus • Louisiana State University • Manhattan College • Mercy College • Metropolitan Saturday, June 1, 2013 State College of Denver • Minnesota State University, Makato • Monmouth University • 7:30 – 8:00am Continental Breakfast Pace University • Pittsburg State University 8:00 – 8:10 Welcome and Announcements • Rochester Institute of Technology • Sam Houston State University • San Jose State 8:10 – 8:55 Mini Case Study: Revenue Recognition University • Southern Connecticut State Speaker: Mary Stone, University of Alabama University • The University of Tennessee at Martin • Touro College • University of Hawaii 8:55 – 9:55 Presentation: The Differing Definitions of Control and the at Manoa • University of Massachusetts at Impact on Accounting Recognition Lowell • University of Missouri – Kansas Speaker: Bob Uhl, Deloitte & Touche LLP City • University of Nebraska at Kearney • University of West Florida • University of 9:55 – 10:15 Break Wisconsin – Eau Claire • Widener University • 10:15 – 11:00 Mini Case Study: Financial Instrument De-recognition Yeshiva University Speaker: Leslie Hodder, Indiana University NON-PROFIT ASSOCIATES 11:00 – 11:30 Faculty Breakout – Additional Examples AACSB • AICPA • Alabama Society of CPAs • Connecticut Society of CPAs • Florida Institute Moderator: Mary Stone, University of Alabama of CPAs • Institute of Chartered Accountants 11:30am – 12:30 pm Lunch of Ontario • Missouri Society of CPAs • National Association of State Boards of 12:30 –1:00 Discussion of Examples Accountancy, Inc. (NASBA) • New York State Moderator: Mary Stone, University of Alabama Society of CPAs • North Carolina Association of CPAs • Ohio Society of CPAs • Society of Louisiana CPAs • Texas Society of CPAs

PRIVATE ENTERPRISE Deloitte • Ernst & Young • Grant Thornton, LLP • KPMG, LLP

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(continued from page 5) 1:00 – 2:30 Panel Discussion: Bringing It All Together 2013 FSA CALENDAR Moderator: Bill Platt, Deloitte & Touche LLP Panelists: Bob Uhl, Deloitte & Touche LLP May 31 Jim Leisenring, FASB Katherine Schipper, Duke University FSA Board of Directors Meeting Deloitte University, Westlake, TX 2:30 – 2:45 Closing Remarks and Adjournment 2:45 – 3:35 Optional Tour of Deloitte University May 31 – June 1 Deloitte Foundation/FSA Faculty Consortium Deloitte University, Westlake, TX 2013 AICPA Accounting Competition To Focus on

Personal Financial Planning July FSA Elections he AICPA’s fall accounting competition for undergraduate students — now in its fourth year — will focus on the topic of personal financial planning. Teams of three or four Tfull-time students will advise a client on how to best plan for his financial future, gain- August 3 ing insight into the real-life challenges and opportunities of a Personal Financial Specialist (PFS). Previous years’ competitions have explored sustainability, fraud and forensics, and Conference on Teaching and Learning the election. Anaheim, CA Registration opens for undergraduate college August 4 students on Aug. 19; however, students can sign up for the FSA Board of Directors Meeting ThisWayToCPA Community Anaheim, CA now to receive updates on important competition dates and deadlines, as well as apply for Fall their free AICPA Student Affiliate Fall FSA newsletter published Membership. Three teams with the best financial plans will advance to the finals, receiving a trip package to Washington, D.C., to compete for the top award of $10,000.

About the Competition Since its launch in 2010, more than 1,600 students from over 150 colleges and universities have registered for the AICPA Accounting Competition. A majority of those who participated in 2012 said they had a better understanding of the accounting profession as a result and were more likely to pursue their CPA license. Teams may select an advisor — a faculty member, graduate student or CPA practitioner — to help throughout the three-round competition. Finalists explore the process of working through a problem, assembling a case and presenting it to a panel of judges. In addition to awards of $10,000, $5,000 and $2,500, students have the opportunity to network with influential members of the CPA profession. Full competition rules and details will be available on ThisWayToCPA.com/competition this summer.

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2013 FSA Student Award Recipients

Adam Szmuc Katherine Brummel Arizona State University Kennesaw State University Adrienne Craig Jesse Ray Arizona State University Kent State University Christopher Scott Wardell Tyler Piede Auburn University Lehigh University Cody Veit Gavin Y. Lewis Baylor University Louisiana Tech University Lauren Hatchouel Ethan Polnasek Bentley University Loyola University Chicago Karris A. Kimball Xiaochen Liu Boise State University Marquette University Jacob A. Nix Matthew Butler Bowling Green State University Marshall University Ashley A. Shepherd Alexa Rae Sanders Bradley University Miami University Douglas R. Woodbury Logan Daniel Weiland Brigham Young University Miami University Cesar Serrano Brittany Diamantoni California State University – Fullerton Michigan State University Eritt W. Sinkko Hollie Marie Phillips Case Western University Mississippi State University Amber N. Davis Jeremy R. Davis Clemson University Missouri State University Allison Pearman Andrea Travis College of William and Mary New Mexico State University Steven Puffer Amanda K. Wheet College of William and Mary Northern Illinois University Marshall Phares Lisa Elizabeth Hobbs Drake University Oklahoma State University Andrew Clark Amanda Morin East Tennessee State University Old Dominion University Jessica Peterson Brendan Lynch Florida State University Rider University Justine L. Cherochak Max Adams George Mason University San Diego State University Allison E. Jansen Allison Riggs Georgia Southern University Southern Illinois University Meera Joshi Mary Wang Georgia State University St. John’s University Han-Yi Kuo Marketa Nickle Idaho State University Stetson University Abigail Marie Barra Chelsea Gyarmathy Illinois State University Texas A&M University Amanda G. Hoffman Brittany Benzaia James Madison University Texas Tech University LTC Donald J. Hazelwood, Jr. Kara Gagliardo John Carroll University The University at Albany – SUNY Jackie Spahn Juliana Reifsnyder Kansas State University The University of Akron

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Sarah E. Shannahan Erica Thu-Quyen Lam The University of Alabama University of Nebraska – Lincoln Adam Steven Arnold Peng Gao The University of Alabama at Birmingham University of New Orleans Patrick Joseph Bell Emily Garcia The University of Memphis University of North Carolina at Charlotte Courtney Kay Pinac Carol J. Haman The University of Mississippi University of North Texas Jaime Denise Schwarze Jillian H. Stuckenschneider The University of Oregon University of Notre Dame Clarissa Mitchell Wade H. Brockaway The University of Southern Mississippi University of Oklahoma Diane Michelle Henry Teresa C. Shaughnessy The University of Texas at Dallas University of Rhode Island Jason R. Rahman Hannah Grace Stroud The University of Texas at El Paso University of South Carolina Christopher Winsley Viktoryia Pinkerton The University of Utah University of South Florida Ryan W. Trimble Jeffrey Hildreth Truman State University University of Southern California Brian S. Wagner Margaret D. Sharp University at Buffalo University of Tennessee Audrey Davidson Melanie Dawn Lara University of Arkansas University of Texas at Arlington Steven Peterson Marie Claire Williams University of Central Florida University of Texas at Austin Adrianne Leigh Pylypiw Kathryn A. Matteson University of Colorado Denver University of Virginia Danika R. Tibbetts Megan Powers University of Denver University of West Georgia Blake L. Hebbel Kyle Abplanalp University of Florida Utah State University Charné Claassens James Andrew Stewart University of Georgia Virginia Commonwealth University Pratichya Pandey Cassandra A. Mendoza University of Houston – Clear Lake Virginia Tech Ching Annie Wong Melanie Lynne Green University of Illinois at Urbana – Wake Forest University Champaign Justin Peterson David E. Naccache Weber State University University of Iowa Xin Geng Faye Anna Aubrey West Virginia University University of Kentucky Robert M. Brown Jr. Jonathan D. Sevy Western Michigan University University of Louisville Barrett Smith University of Missouri

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