Team Awarded the Charles River Associates Award for the Best Paper on Corporate Finance

Professor of Accounting, Lillian Mills; Assistant Professor of Finance, Jonathan Cohn; and PhD Student, Erin Towery were awarded the Charles River Associates Award for the Best Paper on Corporate Finance from the Western Finance Association (WFA) for their paper, "The Evolution of Capital Structure and Operating Performance After Leverage Buyouts: Evidence from U.S. Corporate Tax Returns."

This is a highly competitive award as over 1000 papers are submitted to the WFA each year with at least half covering corporate finance topics. Join us in congratulating them for their achievement!

The 2012 William Ihlanfeldt Scholar Award

Our most recent scholarship has been created in honor of Mr. William Ihlanfeldt. He is an Accounting Advisory Council Member since 1992, retired from Shell Oil Company as Assistant Controller in 1994. His 45-year career with Shell spanned a variety of financial and market economics projects, including early efforts in solar energy and on-line real time systems. He has been generous in professional service through the AICPA, FEI, IMA, TSCPA, and AAA.

As an Ihlanfeldt Scholar, our winning student enjoyed the opportunity to interview this distinguished professional and accompany him to the spring 2012 Accounting Advisory Council meeting, It was a unique opportunity to connect with a senior mentor and other leaders in our accounting community.

We are happy to announce this years winner is student  Ashton Cherbonnier.

AICPA Honors Top CPA Examination Performers with the Elijah Watt Sells Award

One of our own alumni, Emily Kiser, now currently employed with PricewaterhouseCoopers in Dallas, received this honor.

The 2010 award was presented to candidates who obtained the 10 highest cumulative scores on all four sections of the computerized Uniform CPA Examination. In 2010, several candidates received identical cumulative scores, which resulted in a tie and increased the total number of 2010 winners to 19. These candidates completed testing during 2010 and passed each exam section on their first attempt. More than 103,000 candidates sat for the Exam in 2010.

Congratulations Emily Kiser!

Professor Awarded

Accounting professor Eric Hirst was chosen to receive the 2011 American Accounting Association Distinguished Contributions to Accounting Literature Award for his publication, “Comprehensive Income Reporting and Analysts’ Valuation Judgments.”

Ranked Number One Again!

In the latest polling by the Public Accounting Report, The Department of Accounting ranks #1 in undergraduate, graduate, and doctoral programs for yet another year.

Winner: AICPA's Sustained Contribution Award

Professor Emeritus Anna Fowler has been selected to receive the Sustained Contribution Award. This award recognizes outstanding peers who have contributed to the AICPA and the CPA profession, as whole, through their volunteer service.

Kathy Eddy, chair of the awards committee and former AICPA chair declares:

"The work they've done in volunteer leadership roles at the AICPA will help strengthen the profession for many years to come."

We are pleased and honored to have such a distinguished member of the community as part of our faculty.

PwC xACT National Finalists!

We are pleased to congratulate Vishal, Satvika, Rahul, Kyle and Kevin for their hard work and impressive showing to be among the five teams invited to NYC for the PWC xACT national finals.
Thank you Brian Lendecky for your continuing service to this case competition. This is his 6th year with this competition and the UT team has made the National Finals four times now.
The 2011 games will be hosted in New York this January 8th and 9th.

We wish our team the best of luck!

2011 Deloitte FanTAXtic National Competition

2nd Place!

The national competition of the Deloitte tax case competition was held this weekend in Dallas. Our team of graduate and undergraduate students, lead by faculty advisor Teri Holbrook ranked 2nd out of 85 teams.

The competition was a great opportunity to challenge our students and share accounting approaches with other top name accounting programs, including Brigham Young, USC, Univ of Missouri, St. John Fisher College, Baylor and Fordham Univ. Along with the great networking opportunity our team won $1,000 for each student and $5,000 for the Accounting Program. They rose to the challenge of writing a technical memo, researching issues and delivering a presentation under strict time constraints, with stellar results.

We are very proud of the work they did together as a team to represent our school and our accounting program.

National Speakers

Professor Michael Granof  presented his research in New York, October 31st, 2011.
As part of the Emanual Saxe Distinguished Lecturer Series he spoke at Baruch College to colleagues and students. 
His speech “Can there be Government Accounting without Accountability” was met with resounding positive response.

As one of our many traveling speakers, Granof continues to make more connections to our accounting peers around the globe.

2011 Deloitte FanTAXtic Regional Competition

Congratulations to Andrew Townsell, Angela Deng, Elizabeth Broussard, Sarah Neff and Yolanda Han for their successful regional performance on the new Deloitte FanTAXtic case competition.  They are one of eight teams advancing to the national competition to be held on November 18-20 at Deloitte University.

The team configuration is one graduate student, two seniors, and two sophomores.  Their advisor, Professor Terri Holbrook, praised their poise and professionalism.  For the final set of facts during the competition, the students worked on their own without help from their advisor, and during the Q&A had thoughtful answers to all the Deloitte partners’ questions.  Terri says she could not be more proud of them, and especially the way the more senior students coached our sophomores, who have never had a tax course.   All five students participated fully in the research and presentation, and they were most impressive.

Please also thank Terri Holbrook for her efforts.  Advising such case competitions is a labor of love and service, and she brings her own exceptional professionalism to the students as a great role model.  Thank you.

Wish them luck as they advance to the National Competition held November 18th- 20th at Deloitte University .