Accounting Week of Welcome 4/20/2007 I am very biased

Accounting

Week of Welcome4/20/2007

I am very biased

Tops in the College

I may be biased but I believe the Accounting Program is

Tops in the College

And I want to show you why

• All over the country similar scenes are playing out as accounting firms large and small sweeten the pot in order to lure or retain employees. The Big Four have doubled their assurance staffs in the past five years and are expected to nearly double them again in the next five, thanks largely to Section 404 of Sarbanes-Oxley.

• ......."It's an extremely competitive hiring environment today," says Craig Nickerson, CFO of

Dynetech Corp.,

• ......"We'll have an incredible shortage of accountants for the next 10 to 15 years," predicts Allan D. Koltin, president and CEO of PDI Global Inc.,

• ...... Money is certainly one way to get people's attention. Entry-level annual salaries now average $45,000, according to career-oriented

Website Vault.com, a 9 percent increase over last year's rate, and accounting salaries are rising faster than the typical 5 percent increase in other professions. Once in the door, recent grads can expect to see raises of 5 to 10 percent a year.

•

..... Fifty percent of CFOs surveyed say they do plan to loosen the purse strings not only to attract new hires but to retain current staff as well.

ACCOUNTING STUDENTS ARE THE BEST STUDENTS IN THE ORFALEA

COLLEGE OF BUSINESS

Best students in OCoB

Graduating fall 2007 thru summer 2008

Summa

Cum Laude

Magna

Cum Laude

Cum

Laude

Accounting 9 11 22

non accounting 5 12 37

2078 3.986 Jewll Theresa Fin2078 3.985 Iisley Laura ACTG2084 3.969 Rietkerk Annette ACTG2084 3.96 RodriguezMichelle ACTG / Fin2084 3.956 Avneri Daniel ACTG / Fin2084 3.925 Muntzel Andrea ACTG2084 3.911 Olsen Skylar Econ2084 3.902 Booth Jacob ACTG2084 3.902 Lendvay Kristin Mktg2084 3.892 Zaida Diane Econ2078 3.882 Hwang Kami ACTG / Fin2084 3.879 FetherstonLaura ACTG / Fin2084 3.877 Peters Brenna Intl2086 3.852 Oboza Ewelina ACTG

2007-08 may have been an exceptional year

But it wasn’t that unusual



Summa

Cum Laude

Magna

Cum Laude

Cum

Laude

Accounting 9 6 31




Summa

Cum Laude

Magna

Cum Laude

Cum

Laude

Accounting 4 9 12


2003-04 Best students


Summa

Cum Laude

Magna

Cum Laude

Cum

Laude

Accounting 3 13 16


NEXT YEAR LOOKS JUST AS GOOD

Spring Banquet 5/19/2007

$$45,000 in scholarships

$45000 worth of Scholarshipspresented May 19, 2007 at the Accounting Spring Banquet

Derek Quint Accounting FacultyJacob Swan Barbich Longcrier Hooper & King Rahul Dharmani Barbich Longcrier Hooper & King James Huang BDO SeidmanAmy Fujisaki Central Coast Chapter of the California Society of CPAsAnnette Rietkerk Central Coast Chapter of the California Society of CPAsDaniel Avneri Central Coast Chapter of the California Society of CPAsMadison Sinclair Central Coast Chapter of the California Society of CPAsLaura Featherstone ChevronLindsey Graves ChevronDane Lewis Damitz Brooks Nightingale Turner & MorrissetAndrea Muntzel Deloitte. Johnny Luu Deloitte. Darren Noll Ernst & Young DiversityMichelle Rodriquez Ernst & Young DiversityMartha Caldwell Fluor CorporationStephen Dinh Frank, Rimerman + Co. Mason Reichmuth Glenn,Burdette, Phillips & BrysonPatrick Doyle Grant Thornton Stephanie Chin Harb Levy WeilandJacob Booth Hayashi & WaylandKevin Kumar KPMGKyle Slattery KPMGChristopher Boucher Mayer, Hoffman, McCann P.C. Armin Shahabi PricewaterhouseCoopersQuyen Le Phung PricewaterhouseCoopersAnne Ohlig Robert W. HillRonnie Yamanaka Seiler & Co. Angela Ward Stephen C. Mansfield Natalie Craig WTAS


our accounting students are not only good students

they do more than study

Orfalea College of Businessclub of the year

2007-08 Cal Poly Accounting Club2006-07 Delta Sigma Pi2005-06 Delta Sigma Pi2004-05 Cal Poly Accounting Club2003-04 Alpha Kappa Psi2002-03 Cal Poly Accounting Club2001-02 Cal Poly Accounting Club

so, they’re not perfect

Cal Poly Accounting ClubCPAC

Fall SymposiumOctober 6, 2006

37 employers attended

187 students attended



Careers in Accounting DayDecember 1, 2006

18 employers attended

140 students attended


Day in the ParkSpring Banquet

May 19, 2007

we expect 280

alumni, employers and students

Student Accounting Advisory CouncilSAAC

Tutoring Lab

Information sessions

Financial literacy

Volunteer Income Tax assistanceVITA – through the IRS

in 2005

72 students prepared

872 Federal and California returns


our accounting students do a lot more than study

Great Employers

Great Jobs

National Anchor SchoolOne of Three in California

National Premier School

One of seven in west region

“By the way, of the 12 or so schools we go to for Acctg/Finance our

Corporate Recruiting Dept rates Cal and Cal Poly as our best two

universities”

“Lockheed Martin has recently

upgraded Cal Poly to a key school …..”

Career Services graduate status report

2005-06 Most jobs in Bus College2004-05 Most jobs in Bus College2003-04 Most jobs in Bus College2002-03 Most jobs in Bus College2001-02 Most jobs in Bus College2000-01 Most jobs in Bus College1999-00 Most jobs in Bus College1998-99 Most jobs in Bus College1997-98 Most jobs in Bus College

2006-07

Careers Services results aren’t complete

Career Services graduate status report

Summer internships -summer 2006

81 paid internships with Big 4 alone

Link to Career Services

http://www.careerservices.calpoly.edu/students/careerplanning/gsr.htm

Summer internships

• Barbich Longcrier Hooper & King

• Chevron Deloitte• Ernst & Young Gallo

• Frank, Rimerman• Grant Thornton KPMG• Moss Levy Hartzheim Perry-

Smith• PricewaterhouseCooper Tribune

Sophomore Leadership Programs

• Deloitte• Ernst & Young• . Grant Thornton• KPMG• . PricewaterhouseCooper

Thanks for the job security

Jobs - recent article

But just wait: Gen X'ers will be in high demand when the

Baby Boomers move to retireby Rick Telberg

While many graduating college students have surrendered hope of finding a job in this beleaguered economy, accounting majors appear to be in hot demand and winning record high salaries.

Good teachers

Fall 2005

3.64 / 4.00 Average evaluations for all accounting classes

That was tops in the College of Business

Winter 2006


second in the college

Good teachers

Spring 2006


Good teachers

Fall 2006


Practicalreal life stuff

Every summer

PricewaterhouseCoopers invites Cal Poly accounting faculty for a week training in New Jersey

Practicalreal life stuff

In June

KPMG holds a 1 ½ day update for accounting faculty

Practiclereal life stuff

In 2005 and 2006

KPMG allowed me to participate in over 5 weeks of their audit methodology training

path to the CFO’s office

MBA CFOCPA

Your career doesn’t stop with getting a good job

Accounting alum are Partners @• Deloitte• Ernst & Young• KPMG• PricewaterhouseCoopers

• Grant Thornton

• Barbich Longcrier Hooper & King• Bartlett Pringle & Wolf• Damitz Brooks Nightingale Turner & Morrisset• Glenn Burdette Phillips & Bryson• Seiler & Co

• San Jose Sharks Ken Caveney Dir of Finance• Resources Steve Giusto CFO• Macerich Tom O'Hern Exec VP & CFO • Balboa Life Setareh Pouraghabagher, Senior VP• Southeast Toyota Corky Nelson CFO • Danger Inc Nancy Hilker CFO • Caesars Wally Barr Pres & CEO• Renovis John Doyle VP & CFO• Cuesta Constr Andy Kief President

• Bell Industries Tracy A. Edwards Pres & CEO, ret

• Brocade Michael Byrd President, ret

• Hambrecht & Quist Patrick J. Allen CFO, ret

• Caesars Wally Barr CEO, ret

•

Dean’s Advisory Council 2003

Impressions of the members

survey for the Oct 2003 meeting


1. Recruited by major accounting firms disproportionately to the size of the college

2. Advisory Council that functions in significantly active and practical ways

3. Faculty that blends academia with experienced practitioners

4. Top accounting program for top accounting students to go to top accounting firms


5. Excellent professors almost all around

6. Tough and rigorous academic program

7. Very successful track record for developing highly skilled, highly demanded graduates

8. Focus in practical aspects of accounting. Grads are pretty much ready made for Big 4 firms and programs align with their requirements


9. Excellent track record placing Cal Poly grads with the Big 4

10.Good reputation in the Big 4 community

11.Not focused as much on corporate accounting needs as much as might be required by industry

12.Excellent network within the school itself as well as with Cal Poly accounting grads in industry


13. Leading edge teaching and curriculum

14.High caliber faculty15.Industry recognizes for

outstanding quality

Strategic Planning Process 2002

Summer of 2002

survey of Alumni & Employers


The survey question

The students in this Area/concentration receive a high-quality business education

Highest ranking

Accounting


The survey question

The students in this Area/concentration receive preferential consideration from employers in my industry

Highest ranking

tie Accounting & MIS (management)

Great students

Great employers

Great jobs

Successful alumSuccessful alum

The Marketplace for Accounting and Financial Professionals

Pay News

Accountants' Pay Jumps on Lack of SupplyDona DeZube

January 10, 2006

If you’re an accountant who can both crunch numbers and talk management through them with the same panache, you are in high demand and low supply in many U.S. markets. And you may be worth more than you think.

“There’s very little supply and salaries in the last seven to nine months have escalated 10%-15% just due to the fact that there’s a crunch,” says Shane Hill, senior vice president, Hudson Financial Solutions, Raleigh, N.C. “Everyone is looking for the same person – someone who can do the technical work and then communicate about it.”

Trend Set to Continue Sometimes, the salary you earn is influenced by simply being in the right job at the right time, .....

“Due in part to low enrollment in university accounting programs in the late 1990s, many companies are experiencing a shortage of candidates for senior accountant positions,” says Senna.

“Competition for these professionals is very strong and many individuals are receiving multiple offers,' she says. As a result, employers have had to develop strong recruiting processes, including working with recruiting firms. Companies also are offering higher salaries and better benefits in

an effort to attract and retain these professionals.”

http://www.jobsinthemoney.com/accounting_finance/Pay-News

I believe the Accounting Program is

Tops in the College

Now – do you see why

Documents

Accounting Week of Welcome 4/20/2007 I am very biased