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Departments | Accounting

Faculty News


Jaime Schmidt’s Research Selected for Assurance-Related Research Award

The American Institute of CPAs’ (AICPA) Assurance Research Advisory Group (ARAG) recently announced two awards for research that addresses assurance topics of interest to the CPA profession. ARAG, a group of practitioners and academics formed in collaboration with the American Accounting Association, issued a request for proposals last July. After reviewing submissions, Associate Professor Jaime Schmidt and her research team were chosen as one of the winners of a grant to fund their current research, “Identifying Significant Components and Determining Component Materiality in Group Audits: Does a Focus on Size Miss the Mark?” Jaime’s research team consists of Ann G. Backof, Assistant Professor at the University of Virginia, Brant E. Christensen, Assistant Professor at the University of Missouri-Columbia, and Steven M. Glover, Professor and Associate Dean at Brigham Young University.

Two projects were selected by the ARAG for this honor. “The two projects that rose to the top should result in useful insights into the behaviors and factors that can influence private company auditing. We look forward to reviewing the research when completed. It is an important facet of our comprehensive commitment to enhance audit quality, “said Susan S. Coffey, CPA, CGMA, and the Association of International Certified Professional Accountants’ Executive Vice President for Public Practice.

Lecturer Donna Johnston-Blair Selected Fall 2016 Faculty Honor Roll

Lecturer Donna Johnston-Blair was one of a handful of professors in the McCombs School of Business to be selected for the Fall 2016 Faculty Honor Roll! Her students rated her as excellent across all the criteria of the Course Instructor Survey, noting she was a standout among the exceptional faculty at the business school.

Donna is currently teaching Fundamentals of Taxation and Fundamentals of Financial Accounting this semester and we fully expect her students will continue to rate her as excellent because of her passion for teaching and how much she cares for her students.

Congratulations Donna!

Lillian Mills Selected as Editor for TAR

Lillian Mills was selected to serve as an Editor of The Accounting Review for 2017-2020. Per the AAA,

The journal's Editorial Policy states that The Accounting Review  "should be viewed as the premier journal for publishing articles reporting the results of accounting research and explaining and illustrating related research methodology.  The scope of acceptable articles should embrace any research methodology and any accounting-related subject, as long as the articles meet the standards established for publication in the journal."  It also states that "[t]opical areas of interest to the journal include accounting information systems, auditing and assurance services, financial accounting, management accounting, taxation, and all other areas of accounting, broadly defined.  The journal is also open to all rigorous research methods."
Consistent with this Editorial Policy, the group of Editors listed above have expertise in a wide range of accounting-related subjects and methodologies. Nonetheless, if authors submit an article to The Accounting Review that requires expertise not resident with these individuals, an ad hoc Editor with the required expertise will be assigned to handle the manuscript.

New York Mortgage Trust, Inc. (the "Company") announced its Board of Directors has appointed Michael Clement as a Director of the Company, effective immediately. Mr. Clement has also been appointed to serve as a member of the Board’s Audit, Compensation and Nominating and Corporate Governance Committees.

Commenting on the announcement, Steven R. Mumma, the Chairman of the Company’s Board of Directors and Chief Executive Officer, stated, “We are excited to welcome Kevin [Donlon] and Michael to the Board. Michael is a highly regarded thought leader in the accounting arena who also has significant experience working with financial institutions and financial market participants. His wealth of knowledge in economics, finance and accounting will be of great benefit to the Company and Board.” Alan L. Hainey, lead independent director, added "We are excited about the additions of Kevin and Michael. Michael brings significant accounting expertise and an additional independent voice to the board, while Kevin brings a strong strategic mind and the knowledge of an area of significant focus for the Company."

Jaime Schmidt Wins Outstanding Faculty Award

At the spring MPA commencement ceremony, Jaime Schmidt was awarded the James W. Deitrick Outstanding Faculty Award by the 2016 graduating class. 

This award is presented each year by the MPA Council to a faculty member that not only demonstrates a passion for teaching and accounting, but also shows a commitment to students at a level beyond what is required.