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School of Accountancy 2015 Newsletter Mizzou School of Accountancy’s traditions of Excellence and Giving flourish Hannah Miles (BSAcc, MAcc, 2014), EY – St. Louis, winner of 2014 AICPA Elijah Watt Sells Award Mizzou alumni Bob and Sally Robuck establish generous scholarship endowment for Accountancy students at Mizzou RubinBrown establishes named faculty position at Mizzou Nathan Hutson (BSAcc, MAcc, 2012), RubinBrown – St. Louis, winner of 2013 AICPA Elijah Watt Sells Award

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Page 1: School of Accountancy 2015 Newsletter

School of Accountancy2015 Newsletter

Mizzou School of Accountancy’s traditions of Excellence and Giving flourish

Hannah Miles (BSAcc, MAcc, 2014), EY – St. Louis, winner of 2014 AICPA Elijah Watt Sells Award

Mizzou alumni Bob and Sally Robuck establish generous scholarship endowment for Accountancy students at Mizzou

RubinBrown establishes named faculty position at Mizzou

Nathan Hutson (BSAcc, MAcc, 2012), RubinBrown – St. Louis, winner of 2013 AICPA Elijah Watt Sells Award

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Message from the Director

School of Accountancy

Dear School of Accountancy Alumni and Friends:

Greetings from the University of Missouri! It’s been a fantastic year at Mizzou and I am writing to update you on our activities and accomplishments during 2014-2015.

We have had several notable events/accomplishments during this academic year, including:

• hiring of three tenure-track faculty• hiring/replacement for three staff positions• another excellent year of research productivity for Mizzou accountancy faculty,

including publication in top-tier and highly-regarded research journals• several high-profile, value-added professional development events for our students • generous support from alumni and firms, including new scholarship

endowments from Bob and Sally Robuck, John and Peg Slusher, and Ken Stone, as well as a new named faculty position from RubinBrown

• a comprehensive curriculum review and AACSB learning assessments subsequent to recent reaccreditation.

Our faculty accomplishments are detailed on pages 4-9. Our faculty consistently publish in top-tier journals (as evidenced in BYU’s accounting research rankings and Academic Analytics research productivity metrics, among others), engage in high quality teaching, and maintain high levels of service to both the academic and professional accounting communities. The School’s 150-hour and graduate programs are continuing their remarkable progress. The quality of our programs are affirmed in a variety of rankings and other even more important metrics such as faculty research productivity, student quality, internships/placements, alumni support, and accounting firms’ support/involvement.

Professional development opportunities for our students, faculty, and alumni are also extensive. Many of these are described and pictured in this newsletter, including:

• the Orin Ethics Symposium featuring former US Representative Mike Oxley, co-author of the Sarbanes-Oxley legislation (pages 15-22)

• a talk by Brown Smith Wallace tax managing partner (and Mizzou grad) Marty Doerr to our 2014 admit class on accounting careers and the profession (pages 37-39)

• a keynote address to our 2015 graduating class by PwC Missouri Market Leader (and Mizzou grad) John Tvrdik (pages 40-43)

• a keynote address to our 2015 Beta Alpha Psi initiates by Deloitte Tax Partner (and Mizzou alum) Scott Picker (pages 47-48)

• case competitions conducted by CBIZ MHM, Deloitte, KPMG, and PwC (pages 49-50) • guest lectures by several professionals such as Boyd Behnke and David Swiney (KPMG);

Kreg Brown (EKS&H); Brett Lewis and Jim Burton (Grant Thornton); Chris Barbee (PwC); Jim Grimes (RubinBrown) and so many other individuals and firms (including those who attended Professor-for-a-day events during Business Week in the Spring).

Our student organizations (pages 23-26) continue their strong linkages with the professional community. Our employer and donor support continue to be impressive. For example, we have several named faculty positions such as those for BKD, Brown Smith Wallace, CBIZ MHM, Deloitte, EY,

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KPMG, Missouri Society of CPAs, Nikolai, PwC, Williams Keepers, and now RubinBrown (page 14). Combined with new and existing student scholarship support from accounting firms and private donors (pages 14 and 27-28), they provide the sustenance for our operations and expansion.

On the hiring side, we are pleased to welcome three new faculty to our ranks: Feng Chen (from University of Toronto), Brant Christensen (Texas A&M), and Roy Schmardebeck (Arkansas). We are also in place to expand our faculty size by utilizing the proceeds of a specially approved accountancy program fee. This expansion will likely begin next year. We also have three excellent staff appointments/promotions: Koni Daws’ promotion to Director of 150-hour & Master’s programs in Accountancy; Shannon Ferguson’s appointment as Assistant Director of 150-hour & Master’s programs in Accountancy; and Shawn Pallardy’s appointment as Administrative Associate for the School of Accountancy. I am pleased to welcome all our new hires – and look forward to many years of productivity and excellence from them!

Our faculty aims at excellence in all three dimensions of academic performance: teaching, research, and service. At the same time, each faculty member plays to his/her strengths, resulting in an excellent team performance. The wide-ranging successes of our students and alumni are evidence of the high quality, well-rounded processes that our faculty employ in conjunction with the high quality “inputs” that we have in the form of our student admits, alumni support, and staff resources. As I begin my 25th year at Mizzou, a salient observation that I would make from my tenure here would pertain to the exquisite balance and coordination across our people (faculty, staff, alumni, and students), programs (undergraduate, Master’s, and doctoral), and opportunities for professional development.

As I travel the country and observe a variety of programs, I would also say that this abiding attention to balance, consistency, quality, and cost is what differentiates and defines Mizzou so well. As indicated in the cover of this newsletter, such attention clearly pays dividends in the form of student excellence (e.g., two consecutive years of AICPA Elijah Watt Sells Awards for performance on the CPA exam – Nathan Hutson for 2013 and Hannah Miles for 2014) and in the cycle of alumni giving (e.g., Bob and Sally Robuck scholarship endowment, RubinBrown named faculty position, John and Peg Slusher’s and Ken Stone’s most recent scholarship endowments).

To maintain and to continue to enhance our activities, I request your continued support. Your financial contributions toward supporting faculty research and teaching as well as student scholarships would be greatly appreciated. You can make a financial contribution by filling out the “Alumni & Friends Update” form at the end (inside back cover) of this newsletter. In addition, I ask that you please stay in touch with us. You can send us information by e-mail to [email protected]. You can also visit us our home page at http://accountancy.missouri.edu. Our Facebook page at https://www.facebook.com/MizzouAccountancy continues to grow with event pictures, memories, and the Mizzou Tigers’ school spirit! In addition, our Twitter and LinkedIn pages are also active (at https://twitter.com/MizzouAcct and “University of Missouri School of Accountancy” respectively). Please “like” or “follow” or “join” us on these social media!

On behalf of the faculty and staff of the School of Accountancy at Mizzou, I wish you all a great 2015-2016! Thanks for your support.

Best Regards,

Vairam ArunachalamDirector, School of Accountancy

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Faculty Activities

Vairam Arunachalam (PhD, Illinois ’91), Director of the School of Accountancy & PricewaterhouseCoopers / Joseph A. Silvoso Distinguished Professor, continues his teaching in the area of Forensic Accounting and Fraud Examination. In addition, he helps coordinate and organize the Orin Ethics Symposium, Dawdy Speaker Series, and several other educational forums for students, professionals, alumni, and faculty. This past year, Professor Arunachalam completed his service as a member of the Board of Directors of the Missouri Society of CPAs (MSCPA) and continued his service as a member of the University of Illinois’ Accountancy Advisory Board. In addition, he commenced his term as a member of the Board of Regents of the Institute of Certified Management Accountants. Professor Arunachalam also continues to serve as a member of AACSB accreditation review teams and will be serving as chair of accounting accreditation review teams in both 2016 and 2017. This past year, he had an article published in International Journal of Management Accounting Research, in addition to recent publications in Journal of Information Systems, Journal of Vocational Behavior, and Journal of Forensic & Investigative Accounting.

Billie Cunningham (PhD, North Texas ’80), EY Teaching Scholar and teaching professor. Professor Cunningham currently teaches the first undergraduate elementary accounting course and the MBA Accounting for Managers course. She continues to serve

as the advisor to Beta Alpha Psi. She serves on the editorial board of Issues in Accounting Education and the editorial advisory board of Accounting Education: An International Journal. Cunningham continues to serve as chair of the School of Accountancy’s 150-Hour Program Policy Committee. She currently serves as a member of the University of Missouri Student Success Working Group and is on the Steering Committee for the American Accounting Association’s Conference on Teaching and Learning in Accounting.

Jere R. Francis (PhD, University of New England, Australia ’82), is the Curators’ Professor, Trulaske Chair, and Director of the Accountancy Ph.D. program. He teaches doctoral research seminars and the School’s 5th year capstone course, Accounting & Strategic

Financial Analysis, a case-based course that inter-relates corporate strategy, accounting, financial analysis, and

business valuation. During the 2014-15 academic year, Professor Francis published papers in The Accounting Review, Contemporary Accounting Research, and Auditing: A Journal of Practice & Theory. He also presented his research at the annual meeting of the American Accounting Association and the European Auditing Research Symposium. Professor Francis serves on the editorial board of The Accounting Review, Review of Accounting Studies, and Auditing: A Journal of Practice & Theory. 

Matt Glendening (PhD, University of Iowa ’12), an assistant professor, continues to teach intermediate financial accounting. He also teaches an international accounting course that concludes with a student trip to London, UK. Professor Glendening’s research

interests pertain to the areas of financial reporting and disclosure. His current research examines the implications of corporate financial reporting for the efficiency of firm investments in innovation. He is an active member of the American Accounting Association (AAA) and has served as a reviewer and presenter at the AAA annual meeting.

Kristen Hockman (MAcc, University of Missouri ’00), Assistant Teaching Professor and Williams-Keepers Teaching Scholar, continues to teach Computer-Based Data Systems, Governmental Accounting, and Advanced Auditing. She also taught

Accounting Information Systems this past school year. She continues to serve as the Course Coordinator for the Computer-Based Data Systems course, which typically offers 14 sections each semester. She acts as an instructor and mentor to approximately 30 Trulaske College of Business students during their summer internships. Professor Hockman is the Campus Coordinator for the Becker CPA Review course. In this role, she informs students about the CPA Exam, assists students with the CPA Exam application process, schedules the review classes, instructs an online section of the review course for Mizzou students each semester, and provides students with support and guidance as they prepare for the CPA Exam. She is a member of the American Accounting Association, the Missouri Society of Certified Public Accountants, and the Government Finance Officers Association.

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Inder Khurana (PhD, Arizona State University ’89), KPMG/Joseph A. Silvoso Distinguished Professor, taught the international accounting seminar in the Ph.D. program and the capstone course focusing on business strategy, financial statement analysis, and

valuation in the 150-hour accountancy program during the past academic year. Several of his research papers were presented at the annual meetings of the American Accounting Association (AAA) and the European Accounting Association and the Mid-year meetings of the AAA. These papers are in the financial and auditing areas. He is currently working on examining the efficacy of audit quality indicators identified in the Public Company Accounting Oversight Board (PCAOB) issued concept statement. His coauthored paper titled “State Pension Liabilities and Credit Assessments” is forthcoming in Accounting Horizons.

Kyonghee Kim (PhD, Pittsburgh, ’05), Assistant Professor, CBIZ MHM Faculty Scholar. Professor Kim’s teaching interests are in financial and managerial accounting. She currently teaches cost and managerial accounting course. Her research focuses on

incentive compensation design, corporate voluntary disclosure and financial reporting, and corporate governance. She has published in scholarly journals such as Journal of Accounting and Economics, The Accounting Review, Journal of Management Accounting Research, Journal of Business Finance & Accounting, Journal of Corporate Finance, and The Financial Review. Her paper published in Journal of Management Accounting Research received the best paper award from the journal for the year 2012. She is an active member of the American Accounting Association and Missouri Society of Certified Public Accountants. She also serves as an ad hoc reviewer to journals, such as The Accounting Review, Journal of Corporate Finance, Journal of Banking and Finance, and The Financial Review.

Penny Kleen, (PhD University of Missouri-Columbia, 1996), assistant teaching professor, joined the faculty in 2007 after serving as a visiting professor at MU for a few years. Professor Kleen enjoys teaching Financial Accounting Theory & Practice I, II, and III to the

accounting majors and Financial Accounting Concepts to

the finance majors. She continues to serve as the faculty advisor to the Association of Accountancy Students (AAS), serving since 2009.

Elaine Mauldin (PhD, Nebraska ’97), is an associate professor and the BKD Professor. She teaches Accounting Information Systems and IS Control & Assurance. Professor Mauldin also conducts research in auditing and corporate governance. For example, this

year her project examining CFO versus audit committee influence on audit fees was published in The Accounting Review and her project examining risk committees and audit fees was accepted for publication in Auditing: A Journal of Practice & Theory. She has published papers in other leading accounting journals such as Journal of Accounting & Economics, Contemporary Accounting Research, Journal of Information Systems, and Accounting Organizations & Society. She is also serving the profession as a member of the American Accounting Association’s (AAA) Council and Strategic Task Force. In addition to serving as a reviewer for various journals, Professor Mauldin is an editor for The Accounting Review.

Stevie Neuman (PhD, Texas A&M University ’14) is an assistant professor and the Brown Smith Wallace Faculty Scholar. She teaches Introduction to Taxation to junior and senior accountancy students. Her research interests are primarily directed at

investigating aspects of firms’ tax strategies, as well as firms’ tax risk. Specifically, Professor Neuman is interested in the determinants of tax strategy choice, the properties of sustainable tax avoidance, and the measurement of firms’ tax risk. She has published her research in Contemporary Accounting Research. Professor Neuman is an active member of the American Accounting Association and American Taxation Association, presenting her work and serving as a reviewer and discussant at both the annual and tax-section meetings during the 2014-2015 academic year. She enjoyed becoming acquainted with the faculty, staff, students, alumni, and accounting professionals associated with Mizzou during her first year.

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Nate Newton (PhD, Texas A&M University ’13), is an assistant professor and the Missouri Society of CPAs Faculty Scholar. He teaches Auditing Theory and Practice I. His research interests relate to current issues facing the audit profession. In a previously-

published paper, he investigated how local competition among audit firms influences the likelihood of client restatements. Continuing that line of research, he is currently exploring how competition affects opinion shopping, internal control problems, and the potential for earnings management. He is active in the American Accounting Association (AAA) and presented two of his studies at AAA meetings this year. In addition, he has served as a moderator, reviewer, and discussant at AAA meetings and a reviewer for the AAA’s publications, Auditing: A Journal of Practice and Theory and Accounting Horizons. Professor Newton has also attended events hosted by the Missouri Society of CPAs and the Missouri Association of Accounting Educators and has enjoyed interacting with other Missouri accounting professionals and educators.

Raynolde Pereira (PhD, Arizona ’01) is the Andersen/Silvoso Professor. He teaches in the area of taxation and financial reporting. His research interests primarily involve corporate tax, accounting and disclosure quality, and international accounting and auditing.

He has also carried out research in the areas of corporate financing, international auditing, and not-for-profit and regulatory reporting. His work has been published in leading accounting, finance, and law journals such as the Journal of Financial and Quantitative Analysis, Journal of Accounting Research, the Accounting Review, Review of Accounting Studies, Contemporary Accounting Research and the Journal of Law and Economics. His work has been presented at international, national, and regional accounting and finance conferences. He is an active member of the American Accounting Association with involvement in the international accounting and tax sections. He continues to serve as an ad hoc reviewer to several top accounting and finance journals.

Chris Prestigiacomo (PhD, University of Missouri ’95), Associate Teaching Professor.  He serves as the coordinator of the School’s (and College’s) AACSB maintenance of accreditation efforts. He has taught the second principles course (2037), cost/

managerial (3347), the intermediate financial course for finance majors (4356), the capstone (8450), the course required for minors (2010), two MBA modules in financial statement analysis and a hybrid financial statement analysis/investments course in the executive MBA Program. He was honored as the Faculty Member of the Year (May 2008) by the students of the Trulaske School of Business, Teacher of the Year (June 2009) by the Kansas City Alumni, Williams-Keepers Teaching Excellence Award (2008 and 2010), the Lambda Chi Alpha Professor of the Year (2010) and the Bruce and Pam Walker Outstanding Faculty Service Award (2012). He has earned the Chartered Financial Analyst (CFA) designation as well as that of Certified Management Accountant (CMA). Recently, he served as an editor for Cengage Publishing. Effective Fall 2011, Professor Prestigiacomo was appointed to the Nikolai Teaching Scholar position. He was also initiated into the University of Missouri chapter of Mortarboard in 2015.

Ken Shaw (PhD, Wisconsin, ’95), associate professor and Deloitte Professor. He currently teaches Intermediate Financial Accounting and Corporate Governance and Financial Reporting in the Masters of Accountancy program. He also teaches

Accounting for Managers in the online executive MBA program. He is the faculty advisor for the School’s student chapter of the Association of Certified Fraud Examiners. His current research examines issues relating to stock option accounting, pension accounting, deferred taxes, and corporate governance. In the past year he published a paper on critical accounting estimates in Accounting Horizons. In addition to serving as an ad hoc reviewer for several accounting, finance, and business journals, Professor Shaw serves on the editorial boards of the Journal of Business Research and Research in Accounting Regulation. He is the chair of the College’s Internationalization Committee.

Faculty Activities

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Rachel A. Wilson (LLM, New York University ’00). Professor Wilson currently teaches several sections of Introduction to Taxation, Taxation of Corporations and Shareholders, Tax Research and Procedure, and Multijurisdictional Taxation (a class that

combines state and local taxation and international taxation), and Mergers and Acquisition Taxation. Professor Wilson acts as the faculty advisor for the Tax Club, which aims to increase interest among students in a career in tax. This year, Wilson acted as faculty advisor to students competing in accounting competitions, including the PwC xTAX Competition and the Deloitte FanTAXtic National Competition.  In November 2014, she advised and accom-panied the University of Missouri student team to Dallas for the regional round of the Deloitte FanTAXtic National Competition. Wilson serves as a board member of the University of Missouri Law School’s Tax Law Society.

Vairam Arunachalam Director & PricewaterhouseCoopers/Joseph A. Silvoso Distinguished Professor

Billie Cunningham EY Teaching Scholar

Jere Francis Robert J. Trulaske, Sr. Chair and Curators’ Professor

Kristen Hockman Williams Keepers Teaching Scholar

Faculty Members with Named Faculty Positions

Inder Khurana KPMG/Joseph A. Silvoso Distinguished Professor

Kyonghee Kim CBIZ MHM Faculty Scholar

Elaine Mauldin BKD Professor

Stevie Neuman Brown Smith Wallace Faculty Scholar

Nate Newton MSCPA Faculty Scholar

Raynolde Pereira Arthur Andersen & Co. Alumni/ Joseph A. Silvoso Distinguished Professor

Chris Prestigiacomo Nikolai Teaching Scholar

Kenneth Shaw Deloitte Professor

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Erin Anderson (MAcc, University of Missouri ’00), spent twelve years in the public accounting sector as a Certified Public Accountant. She began her career in Chicago in the audit practice of Arthur Andersen before transitioning to Deloitte. She primarily audited a

publicly-traded multinational pharmaceutical company and a large, privately-owned management and hotel ownership company. While working for Deloitte, Erin transferred to the Cambridge, England office. In Cambridge, she expanded her portfolio by working on smaller start-up companies. After five years total with Deloitte, Erin moved to Ernst & Young in Cambridge and continued as a manager in their audit practice for six years. Erin returned to Columbia in 2012 and has worked in adjunct teaching roles including the redevelopment and teaching of Accounting 2026 and 2027, the teaching of Accounting 7310, and serving as a job coach to students in MU’s Professional Development Program.

Sandra A. Freese, CPA, CRMA (BS, Illinois ’92), is the Vice President of Internal Audit at Landmark Bank, a $2.2 billion privately-owned financial institution with 40+ locations in Missouri, Oklahoma, and Texas. Sandra has 15 years of audit experience (nine as

CAE) and 20 years of experience in the financial services field. She served as the President of the Central Missouri chapter of The Institute of Internal Auditors for three years, and currently serves on the Board of Trustees for Banking Education for the Missouri Bankers Association. Early in her professional career, Sandra worked for Ernst & Young (St. Louis) and Edward Jones. Sandra is also an Adjunct Professor in the University of Missouri’s School of Accountancy, teaching a graduate level elective course on Internal Auditing. The course includes a group project wherein students assume the role of the Internal Audit Division of an organization of their choosing. The objective of the project is to make a 30 minute presentation to the Audit Committee of the Board of Directors and Senior Management. The presentation includes the Internal Audit Charter, audit risk assessment, annual audit plan, and results of a recent internal audit; all of which are developed by the students over the course of the semester.  

Kari Gingrich, CPA (MAcc, University of Iowa ’08), Adjunct Professor, began her career in higher education teaching introductory accounting and economics courses at the University of Iowa, where Professor Gingrich earned the Byron G. Ross award for excellence in accounting

instruction. Kari worked for KPMG in Chicago and Des Moines before relocating to Columbia with her husband and son to pursue a career teaching. She began teaching the Introduction to Federal Income Taxation course at MU, as well as Introduction to Accounting, Financial Accounting Concepts, Cost Accounting, and Governmental Accounting. Kari also works as a job coach to students involved with business internships through MU’s Professional Development Program. Professor Gingrich enjoys the opportunity to work closely with students from the Trulaske College of Business as they enter their working lives. Kari is a licensed CPA in the state of Missouri and serves as Treasurer of the Board of Directors for The Language Tree, a language immersion school in Columbia.

Roy Greenway, CPA, CFE, CIA, CFF, CFI, CRT (MS in Accounting, Texas Tech Univ.), Adjunct Professor at MU and is (and has been) the General Auditor for the City of Kansas City MO for the past 13 years. He held numerous positions in Internal Audit and

Corporate Tax at Phillips Petroleum for 22 years and prior to that had 8 years in public accounting. This year, Roy began his MU career by teaching one section of the Investigative and Forensic Accounting Class. This class focuses on increasing awareness of fraud, identifying its red flags and continues with instruction on investigative techniques including interview / interrogation approaches. Students can select from a variety of projects to expand their learning by presenting case studies of recent criminal fraud, testing several quarters Earnings Per Share data for publicly traded companies for compliance with Benford’s Law and a completing challenging “find the fraud” project that simulates a real world scenario. The class also focuses on the litigation aspects of forensic accounting, requirements of expert witnesses, valuation methodology and related skills and techniques. In the Fall semester, Roy also was a guest lecturer in Dr. Vairam Arunachalam’s Fraud Examination class where he introduced the students to successful interviewing / interrogation techniques. In February 2013, Roy was selected to speak at the

Adjunct Faculty Activities

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Association of Certified Fraud Examiners 24th Annual Conference in June 2013 on the topic of vendor auditing. He also gave presentations on Congregational Fraud at the Harding University’s Lectureship in October 2012.

Chad M. John (Masters in Forensic Accounting, Florida Atlantic University, ’10; BSAcc, University of Missouri ’92), CPA-CFF, CFE, Adjunct Professor, is in his third year teaching Forensic Accounting, a graduate level elective course in the School of Accountancy.

Chad graduated from the University of Missouri with a BS in Accountancy. Chad brings to the classroom over four years in public accounting with Ernst & Young LLP and 18 years investigating complex white collar crime as a Special Agent with the Federal Bureau of Investigation. The Forensic Accounting course Chad teaches provides students with not only an academic understanding of the skills required and opportunities available for forensic accountants, but also real-world experiences through expert guest speakers in the law enforcement and forensic accounting professions. The course includes a hands-on capstone case wherein the students perform a forensic investigation, requiring an interview of an identified suspect. Chad continues to accept public speaking invita-tions throughout the year to civic, professional, and academic groups regarding today’s white collar crime. Chad is a licensed CPA in the state of Missouri, Certified in Financial Forensics, and is a Certified Fraud Examiner.

Katelyn Kraft, CPA (MAcc, University of Missouri 2009), Adjunct Professor, began her career in the private sector helping launch a website and specialized search engine. Katelyn worked for servicenoodle.com as the accounting manager until accepting an audit

position with Williams Keepers, LLC. During her time at Williams Keepers, Katelyn focused primarily on clients within the banking industry, local governments and student financial aid audits. Currently she is teaching Financial Accounting Concepts, an accounting course for finance majors and works as a job coach to students enrolled in the Professional Development Program BA 4500. Professor Kraft is a licensed CPA in the state of Missouri, and is the accounting manager for a local marketing firm (Lift Divison).

Loren A. Nikolai (PhD, Minnesota,’73). As an EY Professor Emeritus, he taught one section of the first honors elementary accounting course in the fall semester and one section of the second honors elementary accounting course in the spring semester

on a volunteer basis, primarily for Cornell Leadership Program students and selected pre-accountancy students. In November, he participated in the Missouri Association of Accounting Educators meeting. He played 208 rounds of golf last year to surpass his goal of 200. Because of the recent rainy spring, he is only shooting for 180 rounds this year. However, his goal may not be achieved because he continues to take piano lessons and has again volunteered to teach one section of the first and second honors elementary accounting courses next academic year.

John J. Sheehan, CPA (JD/MBA St. Louis University) Adjunct Professor. John teaches a section of Taxation of Business Entities in the Masters of Accountancy Program. The course focuses on tax technical issues involving various forms of business entities

including corporations, subchapter S entities and partnerships. The students as well complete assignments involving tax compliance, tax research and tax planning impacting the various types of business entities. He is a partner with Williams Keepers LLC and is located in Jefferson City. His practice includes tax advisory services to closely-held businesses and their owners. He is past chairman of the Jefferson City Chamber of Commerce and the Jefferson City YMCA and is currently active in a variety of civic and community boards. He is also a Board member of the Missouri State Board of Accountancy.

Paul L. Vogel, Paul is President, CEO and Founder of Argos Partners, LLC. During the Spring 2015 academic year, he taught Partnership Tax, which was available to both Accountancy and Law students. Paul received his LLM in Tax Law from Washington University in

Saint Louis - School of Law, his JD from the University of Missouri - School of Law, and both his MAcc (with an emphasis in Taxation) and his BSAcc from the University of Missouri – Trulaske College of Business. He is a licensed attorney in Missouri and Illinois and a licensed CPA in Missouri and Texas.

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New Faculty and Staff

Feng Chen (PhD, Columbia University 2008) is an incoming assistant professor of accountancy. He teaches Intermediate Accounting classes. Professor Chen’s research interests involve financial reporting quality, corporate disclosure policy, corporate

governance, international accounting, and financial statement analysis. His research has been published in scholarly journals such as Contemporary Accounting Research and The Accounting Review. Recently, his coauthored paper, titled “Accounting Conservatism and Performance Covenants: A Signaling Approach”, is conditionally accepted for publication at Contemporary Accounting Research. Professor Chen is an active member of both the American Accounting Association and the Canadian Academic Accounting Association. In the past year, Professor Chen presented his research at various conferences and workshops in Australia, Canada, China, Singapore, and the U.S.

Brant Christensen (BS, MAcc, BYU 2009, PhD, Texas A&M 2015) is an incoming assistant professor of accountancy. Brant teaches Accounting Information Systems and his research interests focus on the external audit function, audit quality, and audit-related

standard setting and regulation. Brant worked for two years in PwC’s assurance practice and is a CPA in the state of Ohio. He was awarded competitive research grants from The Center for Audit Quality in 2012 and 2013, was one of ten recipients of the 2013 Deloitte Foundation Doctoral Fellowship, and was awarded the Dean’s award for Outstanding Research by a Doctoral Student in 2014. His research has been accepted for publication in Auditing: A Journal of Practice and Theory, The Journal of the American Taxation Association, and Accounting Horizons. Brant and his wife, Marcie, enjoy spending their free time with their three energetic boys (8, 5, and 3 years old) and one baby girl.

Roy Schmardebeck (BS, MAcc, BYU 2009; PhD, Arkansas 2015) is an incoming assistant professor of accoun-tancy. Roy teaches Intermediate Financial Accounting and his research interests focus on financial reporting and corporate governance. Roy worked for

two years as a CPA in Ernst and Young’s assurance practice. He received the Distinguished Doctoral Fellowship from the University of Arkansas and he was chosen to be a fellow at the 2014 AAA/Deloitte/J. Michael Cook Doctoral Consortium. His research has been accepted for publication in The Accounting Review. Roy and his wife, Brenna, enjoy spending their free time with their three children.

With the retirement of Phyllis Moore in May 2015, Koni Daws has been pro-moted to the Director of the 150-Hour and Master of Accountancy programs. Koni is assisting in the formulation and implementation of a variety of strategic initiatives as well as operational func-

tions to further enhance our nationally ranked accoun-tancy program. She advises students in the program, works with firms to increase internships and full-time placement, coordinates the study abroad class and trip, and teaches a variety of classes. Koni is the faculty advisor for NABA (National Association of Black Accountants) and during the 2014-2015 academic year, she taught Intro to Accounting for non-business majors, and co-facilitated International Accounting, a winter intersession study abroad course. The study abroad program will be going to London, England again in January 2016 where students will visit public accounting firms, private companies and a regulatory agency. Koni holds a Master of Accountancy degree from Mizzou, Master of Sport Administration from Wichita State University and a BSBA Accounting from the University of Nebraska-Lincoln. She has exten-sive experience in public and private accounting, including five years with Coopers & Lybrand, two years with a regional public firm, and several years at a regional retail store headquarters. Also, she had a variety of academic/advising positions in athletics at Texas A&M-Commerce, Southern Methodist University, and Oklahoma State University. She has served as Director of Finance for the National Association of Intercollegiate Athletics (NAIA), the College of Education at Oklahoma State University and most recently the athletic department at University of

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Nebraska at Kearney. Koni holds a CPA license in the State of Missouri and is a member of the Missouri Society of CPAs (MSCPA).

Shannon Ferguson, (MAcc, BSAcc, University of Missouri ’09), starting in May 2015 will serve as the Assistant Director of the 150-hour and Master’s Programs in Accountancy. In this role, she will advise students in the program, instruct classes, coordinate the pro-

gram’s study abroad program and serve as a liaison to the accounting firms to facilitate internship and full-time placements for the program’s graduates. Shannon has previously worked at PricewaterhouseCoopers LLP as an Assurance Manager in their St. Louis office. She has been with the firm since her graduation from Mizzou. Shannon holds a CPA license in the State of Missouri and is a member of the American Institute of CPAs (AICPA) and Missouri Society of CPAs (MSCPA).

Shawn Pallardy joined us December 1, 2014 as the Business Support Specialist II. She was with the Trulaske College of Business for a year prior to her start in the School of Accountancy, working as an Office Support Assistant in the Dean’s Office. She graduated from

Central Methodist University in May 2013 with a BS in marketing and advertising. Before joining the Trulaske College of Business, she worked in Boone Hospital’s Marketing Department, and was a Sporting Columbia Soccer Club coach. Shawn lives in Boonville, MO with her husband Ben.

New Staff (continued) and 2014-2015 Research Workshops

2014-15ResearchWorkshops

■ Weili Ge, University of Washington, presented “The Effect of Internal Control on Corporate Corruption: Evidence from China,” on September 12, 2014

■ Linda Myers, University of Arkansas, presented “Does Big 4 Consulting Impair Audit Quality?” on October 10, 2014

■ Brian Bushee, University of Pennsylvania, presented “Corporate Jets and Private Meetings with Investors,” on October 24, 2014

■ Jennifer Brown, Arizona State University, presented “Competitive Pressure and Tax Avoidance,” on November 7, 2014

■ Robert Knechel, University of Florida, presented “Non-Audit Services and Improvements in Clients’ Operating Performance and Risk Management,” on March 13, 2015

■ Hal D. White, Penn State University, presented “Management Forecasts and Seasoned Equity Offerings: A Re-Examination,” on April 17, 2015

Page 12: School of Accountancy 2015 Newsletter

12 School of Accountancy

Albring, S., M. Banyi, D. Dhaliwal, and R. Pereira. “Does Firm Information Environment Influence Financing Decisions? A Test Using Disclosure Regulation,” Management Science, forthcoming.

Bauman, M. and K. Shaw. 2014. “An analysis of critical accounting estimate disclosures of pension assumptions. Accounting Horizons, 28 (4): 819-845

Beck, M. J., and Mauldin, E. 2014. “Who’s Really in Charge? Audit Committee versus CFO Power and Audit Fees.” The Accounting Review, 89 (6): 2057-2085.

Boone, J., I. Khurana, and K.K. Raman. 2015. “Did the 2007 PCAOB Disciplinary Order against Deloitte have Information Value for Audit Market Participants?” The Accounting Review 90(2): 405-441.

Cameran, M, J. Francis, A. Marra, and A. Pettinicchio. 2015. “Are There Adverse Consequences of Mandatory Auditor Rotation: Evidence from the Italian Experience,” Auditing: A Journal of Practice and Theory, February 2015, Vol. 34, No.1: 1-24.

Chen, L., and I. Khurana. 2015. “The Impact of Eliminating the Form 20-F Reconciliation on Shareholder Wealth: Evidence from the U.S. Cross-listed Firms,” The Accounting Review 90: 199-228.

Dhaliwal, D., S. Huang, I. Khurana, and, R. Pereira. 2014. “Product Market Competition and Accounting Conservatism,” Review of Accounting Studies 19: 1309-1345.

Francis, J., S. Huang, and I. Khurana. “The Role of Similar Accounting Standards in Cross-Border Mergers and Acquisitions,” Contemporary Accounting Research, forthcoming.

Hines, C., A. Masli, E. Mauldin, and Peters, G. 2015. “Board Risk Committees and Audit Pricing,” Auditing: A Journal of Practice and Theory, forthcoming.

Khurana, I., and C. Wang. 2015. “Debt Maturity Structure and Accounting Conservatism,” Journal of Business, Finance & Accounting 42 (1-2) 167-203.

Kim, K., E. Mauldin, and S. Patro. 2014. “Outside Directors and Board Advising and Monitoring Performance,” Journal of Accounting and Economics, 57 (2-3): 110-131.

Mauldin, E., and C. Wolfe. 2014. “How Do Auditors Address Control Deficiencies that Bias Accounting Estimates?” Contemporary Accounting Research 31 (3): 658-680.

Neuman, S., T. Omer, and A. Thompson. 2014. “Determinants and Consequences of Tax Service Provider Choice in the Not-for-Profit Sector,” Contemporary Accounting Research, forthcoming.

Newton, N., J. Persellin, M.S. Wilkins, and D. Wang. “Internal Control Option Shopping and Audit Market Competition,” The Accounting Review, forthcoming.

Schiffel, L., K. Smith, and V. Arunachalam, “Impacts of Nonfinancial Performance Measures on Health Insurance Decision-Making,” International Journal of Management Accounting Research, forthcoming.

Research Articles Accepted or Published During AY 2014-15 for School of Accountancy Faculty

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We are pleased to report that Hannah Miles (BSAcc & MAcc, 2014; EY – St. Louis) and Nathan Hutson (BSAcc & MAcc, 2012; RubinBrown – St. Louis) have won AICPA Elijah Watt Sells awards for 2014 and 2013 respectively for their outstanding performance on the CPA exam. The award is given to candidates who pass all four sections of the CPA exam on their first attempt with a score of 95.5 (or higher) across all exam sections. In 2014, there were 91,384 individuals who sat for the CPA exam – and just 60 candidates qualified for the Elijah Watt Sells Award.

Hannah remarks that “I am honored to be a recipient of this award, and I am extremely grateful for all of the Mizzou faculty that helped me get where I am today.” Nathan adds that “I would not have been able to achieve this level of success without the tools I obtained during my time at Mizzou. The structure of Mizzou’s accounting program is phenomenal when it comes to facilitating employment opportunities for its students. Through frequent on-campus recruiting programs and events, students are able to directly connect with top employers in both public accounting and industry regarding opportunities all over the country. As a professional currently working in the public accounting industry, the reputation that Mizzou’s accounting program has is truly outstanding.” Congratulations, Hannah and Nathan!

Mizzou Graduates win consecutive years of AICPA Elijah Watt Sells Awards

Hannah Miles (BSAcc, MAcc, 2014), EY – St. Louis, winner of 2014 AICPA Elijah Watt Sells Award

Nathan Hutson (BSAcc, MAcc, 2012), RubinBrown – St. Louis, winner of 2013 AICPA Elijah Watt Sells Award

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Bob and Sally Robuck establish scholarship endowment for Mizzou Accountancy students

We are pleased to report that the Bob and Sally Robuck Endowed Scholarship was formally established this past year. This generous scholarship endowment from Bob and Sally Robuck is intended to support accountancy students, with a preference for first-generation college students from several Missouri counties.

As Bob Robuck (BSBA – Accountancy ’64) reflects, “When I was in college, I received a Curator’s scholarship which enabled me to attend the University of Missouri. Sally and I are pleased to establish this scholarship fund to provide other young people with the opportunity to attend the University of Missouri. Hopefully, it will enable students to attend college that might not otherwise have the opportunity to do so. Education enables all of us to live a more happy and productive life. The University of Missouri is a GREAT place to earn a GREAT education!”

We are indeed appreciative of the support that Bob and Sally Robuck have provided to Mizzou accountancy students. Their generosity is inspiring!

RubinBrown establishes named faculty position at Mizzou

We are pleased to announce the establishment of the RubinBrown Faculty Scholar named faculty position at Mizzou. With the leadership and support of alumnus Steve Hays (Partner and long-standing member of the School of Accountancy Advisory Board) and alumnus Bob Jordan (Partner), RubinBrown has established the named faculty position to help us with faculty recruiting in a competitive market (or, alternatively, to award to an existing faculty member). The search for a faculty member to hold this position will commence Fall 2016. We are appreciative of the support from RubinBrown.

“RubinBrown is honored to establish the RubinBrown Faculty Scholar for the University of Missouri-Columbia,” says Steve Hays. “Many of our talented and inspiring RubinBrown team members graduated from Mizzou’s excellent accountancy program. We’re thrilled to support this position and the high standards of excellence at the School.”

John Slusher and Ken Stone establish scholarship endowments at Mizzou

We are pleased to announce the establishment of generous scholarship endowments by John and Peg Slusher (BSBA 1966), who retired as Accountant & Business Manager at Rockwell Collins, and Ken Stone (BSBA 1958, MA 1969, PhD 1976), who retired as a Professor at the University of Central Missouri. John Slusher’s scholarship fund will be utilized for undergraduate accountancy students. Ken Stone’s scholarship fund will be utilized for Ph.D. and/or Master’s students, also beginning this Fall. We thank both John Slusher and Ken Stone for their inspiring generosity and for their giving back to future generations of students!

Alumni Contributions

Ken Stone (PhD ’76)

John Slusher (BSBA ’66)

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Orin Ethics Symposium

The Orin Ethics Symposium series is designed to increase awareness and understanding of the ethics issues in business and accountancy. Past speakers have included former US Senator Paul Sarbanes, Madoff whistleblower Harry Markopolos, former Senator Chris Dodd, PCAOB Board Member Jeanette Franzel, and former Chairman of Federal Deposit Insurance Corporation (FDIC) Sheila Bair. In Fall 2014, our featured speaker was former Congressman and former Chairman of the House Financial Services Committee, Michael Oxley as detailed in the announcement below.

Snapshots from the symposium, capturing different components of the event, follow.

Rep. Oxley and Mr. Orin at a breakfast meeting with students

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Orin Ethics Symposium

Mr. Orin introduces Mr. Oxley to the students

Andrew Borowick (MAcc 2014) with Rep. Oxley and Mr. OrinRep. Oxley talks about what drove the Sarbanes-Oxley legislation

Student organization leaders at the breakfast meeting

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Rep. Oxley discusses key portions of “SOX”

The Orin Ethics Symposium is a signature event hosted by the School of Accountancy in the Trulaske College and attracts a wide audience

Dean Joan Gabel welcomes the symposium audience

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Orin Ethics Symposium

Q&A session with Rep. Oxley

Mr. Orin delivering a vote of thanks to Rep. Oxley

Mr. Orin presenting Rep. Oxley with a plaque

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192015 Newsletter

Group picture of alumni, staff, and professionals with Rep. Oxley

Vairam Arunachalam welcoming faculty and professionals to a luncheon with Rep. Oxley

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Orin Ethics Symposium

Professor Nate Newton with Jim Cogswell, Director of MU Libraries

Jim O’Hallaron, President/CEO of Missouri Society of CPAs (MSCPA) at the event

Alumni Jack Lay (Reinsurance Group of America) and Randy Oberdiek (BKD) at the luncheon

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From R to L: Don Danner (Chair of MSCPA), Brent Wilson (CBIZ), and Kristen Hockman at the luncheon

Richard Orin and Ila Levitan with MU Chancellor Bowen Loftin after the symposium

Vairam Arunachalam with Rep. Oxley prior to a tour of Mizzou campus

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Orin Ethics Symposium

MU accounting alumnus Richard M. Orin (BSBA ’49), has established the Orin Ethics Symposium in the Trulaske College of Business. Mr. Orin is an attorney and CPA in New York. He earned a BSBA in 1949 from MU and was elected into Beta Gamma Sigma business honor fraternity and Alpha Pi Zeta. While at MU, he was also a member of Alpha Epsilon Pi fraternity. He earned two degrees from New York University: a JD in 1955 and an LLM in taxation in 1957. Mr. Orin is a founding member and former president of the American Association of Attorney-Certified Public Accountants. He was a 1988 DR Scott Memorial Lecturer and is the author of Professional

Ethics published by the Foundation of Accounting Education. Mr. Orin served in the US Navy in Work War II and in the US Army in the Korean conflict. He is the recipient of the Meritorious Service Award presented by the US Selective Service System. He resides in New York and has two children and six grandchildren. He is a member of the College’s Herbert J. Davenport Society.

This fall we will have former Congressman and former Chairman of the House Financial Service Committee, Barney Frank, presenting a review of the Dodd-Frank Legislation. You are cordially invited to attend the symposium (RSVPs are not needed).

“A Review of the Dodd-Frank Legislation”

Orin Ethics Symposium

Date To Be Announced Bush Auditorium Cornell Hall

Barney Frank served as United States Congressman from Massachusetts for over three decades, starting in 1981, when he won the seat formerly occupied by Father Robert Drinan. An outspoken and deeply-respected legislator, noted for his keen sense of humor, Frank has played a key role in some of the most important legislation of our country’s recent history, including the repeal of “don’t ask, don’t tell.” As Chair of the House Financial Services Committee from 2007 to 2011, Frank helped craft the compromise bill to slow the tide of home mortgage foreclosures in the wake of the subprime mortgage crisis, as well as the subsequent $550 billion rescue plan, and the landmark Dodd-Frank Wall Street Reform and Consumer Protection Act—the sweeping set of regulatory reforms named partly after Frank and signed into law in July 2010, to prevent the recurrence of the financial crisis. Frank also led the passage of the Credit Cardholders’ Bill of Rights Act, a measure lauded by consumer advo-cates, and fought to preserve affordable rental housing, as well as to reduce military spending in favor of providing for im-portant quality-of-life needs at home. Born Barnett Frank on March 31, 1940, in Bayonne, New Jersey to Jewish immigrants from Eastern Europe—Frank’s parents were a truck stop owner and a legal secretary—Barney Frank graduated from Harvard in 1962 and went on to pursue a Ph.D. He left before completing the degree to take a job as chief assistant to Boston Mayor Kevin White in 1968. Frank won a seat in the Massachusetts State Legislature in 1972, and though still closeted, went on to become a national leader of the LGBT rights movement, introducing the state’s first two gay rights bills in 1973.

Participants can earn 1.5 Ethics CPE credits for attending the symposium. An additional 1.5 Ethics CPE credits, for a total of 3 Ethics CPE credits, can be earned for those who also attend the Ethics in Practice luncheon following the symposium. Go to http://accountancy.missouri.edu/ethics-symposium for more information on CPE and confirmed date TBA.

Barney Frank Former Congressman & Former Chairman of the House Financial Services Committee

accountancy.missouri.edu accountancy.missouri.edu

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Student Organizations

The Association of Accountancy Students

The Association of Accountancy Students (AAS) is a professional organization open to both current and prospective accounting majors of any class level. The goal of AAS is to offer innovative meetings that broaden students’ knowledge about the benefits of a career in accounting, promote communication within the School of Accountancy, and improve understanding of business etiquette and practices. By bringing in different companies to give presentations, AAS provides members with an excellent chance to begin networking with potential employers for internships and full time jobs. Association of Accountancy Students is a great way to get involved, not only within the business school, but also within the community. The following executive board committee leads AAS for the spring semester of 2014:

President: Kimberly Baker Vice President: Landon Washam Program Director: Ashish Patel Treasurer: Jialu Li Secretary: Erica MoreyRecruitment Team: Isaac Gillen Webmaster: David Thomas Service Chair: Diana Lanis Student Council Rep: Ryan Janasik

During the Spring and Fall semesters, the Association of Accountancy Students offers an assortment of innovative and informative meetings from a range of firms. The programs consist of a wide variety of topics ranging from interview and resume help, forensic accounting, to

financial advisors and auditing clients. This past semester we were fortunate enough to have PwC, KPMG, Ernst & Young, Deloitte, Williams Keepers, and CAT present at our meetings to share their insights regarding what to expect of the Accountancy program, internships, and the early years in the accounting field. Email Erica Morey, President for Fall 2015, at [email protected] with any questions or comments you may have. For more information, please visit the Association of Accountancy Students website at http://mizzou.orgsync.com/org/aas.

Association of Certified Fraud Examiners

The Association of Certified Fraud Examiners (ACFE) is an international professional organization dedicated to fighting fraud and providing fraud prevention training and education. Both student and professional chapters exist and provide opportunities for networking among those interested in preventing and prosecuting fraud. The ACFE focuses primarily on white-collar crime, including embezzlement and financial misstatements. For more information on ACFE, please visit http://www.acfe.com/.

This year the MU ACFE student chapter completed its fifth full year of existence at the University of Missouri. The chapter hosts professionals from accounting firms, the FBI, and specialty forensic firms to speak to students regarding fraud prevention and detection. These meetings provide opportunities for students to discover the anti-fraud field as well as network with professionals in the field. These connections have led to internships, job shadowing opportunities, and scholarships. For example, with support from the St. Louis chapter of the ACFE, student Jamie Evans will be attending the ACFE Global Fraud conference this summer in Baltimore, MD.

During the past year the chapter hosted visits from Chris Barbee, Global Forensic Services Leader at PricewaterhouseCoopers LLP; Jeremy McGannon, Senior Consultant at FTI Consulting (Chicago); Kreg Brown, Audit Partner at EKS&H (Denver); and Jim Grimes, Manager of Business Advisory Services at RubinBrown LLP. If you or someone you know has an interest in presenting at one of our meetings, please contact Professor Ken Shaw ([email protected]), faculty advisor to the student ACFE chapter.

Please email chapter President Andrew Metz ([email protected]) with any questions or comments you may have. For more information on

Front (from left): Jialu Li, Kimberly Baker, Erica Morey; Middle (from left): Ash Patel, Diana Lanis; Back (from left): Isaac Gillen, Landon Washam, David Thomas; Not pictured: Ryan Janasik

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Student Organizations

Mizzou’s ACFE chapter, please visit http://mizzou.orgsync.com/org/acfe.

President: Andrew MetzVice President: Dylan HewlettTreasurer: Will HumphreySecretary: Nick SwobadoWeb Master: Abby Hoffman

Beta Alpha Psi, Gamma Theta Chapter

Beta Alpha Psi is an international scholastic and professional organization for financial information professionals. At Mizzou, membership to Beta Alpha Psi is an honor exclusively for GPA qualifying accountancy students admitted to the 150-Hour Accountancy Program. Throughout the year, Beta Alpha Psi holds meetings with accounting firms and other professional organizations. BAP members learned about opportunities in the service lines of audit, tax, and advisory from the firms. This year we held meetings with all of the Big 4 accounting firms as well as BKD, UHY, Williams-Keepers LLC, Brown Smith Wallace, CBIZ, and Grant Thornton. We also explored career paths in the private sector when we held our meeting with Caterpillar. Besides attending meetings with professionals, we participate in community service projects. Members of Beta Alpha Psi volunteer their time for the Central Missouri Food Bank, Adopt-a-Highway, D&D Animal Sanctuary, and Marine Parents. Members also assist the Trulaske College of Business by proctoring accounting exams and participating in

Clean-up Cornell. In addition, the group participated in the College’s annual Business Week. This event includes a picnic, canned food drive, 5K walk/run, and many other opportunities throughout the week. Lastly, this spring we hosted our initiation banquet for our members at the Tiger Hotel. For more information, visit our website at bap.students.missouri.edu or “like” our Facebook and Twitter page. Firms who visited this fall and spring: Deloitte, KPMG, Caterpillar, Grant Thornton, Ernst & Young, Brown Smith Wallace, PwC, Williams Keepers, BKD, UHY, CBIZ, and Becker CPA Review.

President: Nick NedomaVice President of Social Activities: Nick EftimoffVice President of Community Service: Amy DeardeuffTreasurer: Andrew ScavoneSecretary: Allison BoyleWebmaster: Dan TlapekBusiness Week Liaison: Amanda RaulstonVice President of Professional Activities: Josh BeckerleFaculty Advisor: Billie Cunningham

National Association of Black Accountants (NABA)

The mission of NABA is as follows: “As the Mizzou Student Chapter of NABA our mission as a professional organization is to unite students committed to academic and professional excellence while creating leaders in the world of Accounting, finance, and other business professions. While developing technical skills is one of our goals, we also aim to promote diversity and commit to our civic duties through giving back to our community”.

Our University of Missouri (MU) Student Chapter has made every effort to fulfill our national organization’s mission through several key programs and services designed to address the needs of all students majoring and partaking in the fields of accounting and finance. This past school year, MU NABA welcomed speakers from Ernst & Young, PwC, and Williams-Keepers, as well as influential members of our own university, in hopes of learning and understanding more about not only the accounting and finance industry, but also succeeding in the workforce as a whole.

To promote and develop professional skills, as well as present underclassmen with several leadership, internship and full-time job opportunities, MU NABA’s members have continued to participate in networking events with established accounting firms and financial companies,

L to R: Nick Eftimoff, Allison Boyle, Josh Beckerle, Amanda Raulston, Daniel Tlapek, Andrew Scavone, Amy Deardeuff, Nick Nedoma 

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The Three Horsemen Of Mizzou

community service events at the Food Bank, and other events in the Columbia community such as Tiger Night of Fun. Along with professional networking events NABA also hosts a few social events each semester so the members and any of those interested can network and socialize outside of the classroom environment. Just recently NABA hosted a bowling event, which was a great time involving board members and even some newly recruited members. MU NABA also continues to organize and lead the greatly received Accounting 2036 & 2037 Exam Review Sessions, which are open to all students in those courses.

October 2014, several members of NABA travelled to Chicago to attend the Central Region NABA Student Conference. This Conference brings together hundreds of professional and student members, academia’s and corporate representatives. The students attended several professional development workshops such as resume building and networking, and they have the opportunity to network with corporate professionals. The Association also has workshops on how to build and improve a student association on campus. The group is now more prepared to grow NABA and further develop NABA’s value proposition, which is to offer unparalleled personal and professional development, support, involvement, leadership, internship and job opportunities to minority students majoring in accounting and finance. Listed below are the 2014-15 officers. To get more information about getting involved with NABA, please contact NABA’s 2015-16 President Breyanna Taylor ([email protected]).

President: Jasmine Calerway Vice President: Michael DiazTreasurer: Breyanna TaylorSecretary: Ciara ClayLiaison: Terris TaltonSCREP: Janelle CrockettMarketing/Recruitment: David Sprowl and Arais FarahHistorian: Brandon Spruill

NASBA – Student Center for the Public Trust (CPT)

Student CPT is a student-run ethics organization. The purpose of CPT is to raise the awareness of ethical dilemmas students will face once they enter their profession while building key leadership skills. The organization provides students with an opportunity to develop and apply ethical business practices and ethical leadership skills. It also provides students with the opportunity to socialize and network with a diverse group of students and professionals. Finally, the organization helps promote a positive focus on students and faculty who exhibit ethical leadership at Mizzou.

The organization was honored to have Alfonzo Alexander, the Chief Relationship Officer and President of NASBA-CPT, serve as the guest speaker at the kick-off meeting in September 2015. StudentCPT’s second meeting was held in conjunction with the Orin Ethics Symposium in October 2015. Members of StudentCPT served at the Central Missouri Food Bank in April 2015.

Undergraduate and graduate students of any major are welcome to attend our meetings and become members of CPT. We will hold two meetings per semester. If you would like to know more about CPT, please e-mail Professor Hockman at [email protected].

Back row L to R: Brandon Spruill, Michael DiazFront row L to R: Jasmine Calerway, Terris Talton, Breyanna Taylor, Janelle Crockett

L to R: Shannon Gilmore, Jack Buechel, and Caroline Boeger

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26 School of Accountancy

Student Organizations

President: Jack BuechelVice President: Shannon GilmoreTreasurer: Jasmine CalerwaySecretary: Caroline Boeger

Tax Club

Tax Club is a student-run club for both the tax-committed and the tax-curious. The club serves three primary purposes. First, the club introduces students to what the practice of tax is really like in a fun and informative environment, seeking to dispel some of the common misconceptions about tax. Second, the club provides a forum for tax-inclined students to network with one another to create lasting relationships that will mutually benefit each other’s careers. Third, students have the opportunity to connect with Mizzou alumni working in the tax field to expand their professional network. During the course of the academic year, events sponsored by Tax Club include hosting important speakers, holding social gatherings, and providing tax-related field trips. Students in their sophomore through graduate years are welcome to attend Tax Club events. Our Tax Club board members include: Maddie Hanlen (President), Kristi Estrada (Vice President), Paul Rothermich (Treasurer), Hannah Ingram (Secretary), Clayton Armfield (Professional Communications Liaison), Jami Wolff (Social Chair), and Justen Yao (Webmaster). If you would like to know more about Tax Club, contact a member of our board or email Professor Rachel Wilson at [email protected]. You can also find information about us by joining our Facebook page (Mizzou Tax Club) or by following Mizzou Tax on Twitter (@MIZ_TAX).

accountancy.missouri.edu

facebook/MizzouAccountancy

University of Missouri School of Accountancy

Email: [email protected]

For more information, follow us on...

Mission

The mission of the School of

Accountancy is to provide programs

that are at the forefront of

accounting education. The mission

is three-fold in nature: educational,

research, and service. The School’s

educational mission is to provide

students with the knowledge,

learning capabilities, and personal

and professional skills necessary to

excel in professional and academic

careers. The School’s research

mission is to create economic and

social value through the discovery,

application and dissemination of

knowledge related to accountancy

theory, practice and education.

The school’s service mission is to

maintain a close relationship with the

accounting profession and to fulfill

its service responsibilities to the

academic community and society.

Page 27: School of Accountancy 2015 Newsletter

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Scholarships

2014-15 Accountancy Awards

Accountancy Alumni ScholarshipShannon GilmoreRobert HofmanQing HuaLiuan Yang

Accountancy Doctoral ScholarshipNick HallmanAnne Albrecht

Alumni with Arthur Andersen LLP Award

Adam AbdelhadiKrista Gmelich

Arunachalam Family ScholarshipFaith Schaberg

Kim R. Bailey Memorial Scholarship

Samantha CataldoJill Walsh

BKD Accountancy ScholarshipsJames BenoistCaroline BoegerJoseph BrickerRobert DaughertyKelly DobbsCourtney EngleJohn HirnerLandon HoodMitchell MorseSarah AlexanderChance WilliamsShiyu Zhou

Grace Botner Butler Endowed Scholarship

Wilber Cox

Stephen G. Butler/KPMG LLP Scholarship

Aaden AadenJanelle CrockettMichael DiazSpencer ErvinSaeed HamedMichael HelbigBlake Hill

Deloitte & Touche Foundation Fellowship

Bradley Kuziel

Kenneth E. Dimitry Memorial Scholarship

Wei Wang

Raymond C. Dockweiler Scholarship

Kelsey DenkerAlexander Gavin

Ernst & Young Accountancy Scholarship

Sean DelaneyParissa HemmatJennifer HessColton KruepAmanda RaulstonAndrew ReillyJacob RohneFanyi TanHannah VarelClaire Vogt

Gregg & Cheryl Givens Scholarship

James Burst

Grant Thornton ScholarshipJeffrey CroweZachary LesterNicholas Lucas

Harreld Scholarship in AccountingGeorge Lester

Donald G. Hendren Memorial Scholarship

Allison BoyleAndrew CochranAndrew NoelkerBrett Willette

Arthur Wm. Hoffman ScholarshipAdam DesplinterJames Piephoff

C. Ray Holman ScholarshipChloe ArmstrongAsh Patel

Ronald N. Kohl Memorial Scholarship

Kimberly BakerRyan Miener

KPMG LLP Scholarship AwardKristi EstradaJason KuzielMeg Rasche

Don Landers Endowed Scholarship

Kyle Skubic

Clyde D. Mason Memorial Scholarships

Jennifer BerillaChen ChenLuke FornwaltCarter MarcksMichael PotzeboskiKristen Silverstri

W. Mark & Linda Meierhoffer Scholarship

Daniel Alvey

C. Richard Morehead Scholarship in Accountancy

Jeremy KellerDiana LanisSpencer White

Outstanding Graduate Teaching Assistant Award

Anne Albrecht

Outstanding Graduate Research Assistant Award

Nick Hallman

Bobbye & Scott Picker Scholarship in Accounting

Raymond Tiu

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28 School of Accountancy

Scholarships

Pricewaterhousecoopers LLP Foundation Scholarships

Alejandro AyalaTheresa BakerCharles DentThomas DeuschleTimothy FedderThomas FlemingWill HovaterLauren KroneJoseph QuintanillaKatherine RuppeMelanie SaundersJustin SiebertMicah ThurmonAllison Ward

John W. Rader Accountancy Scholarships

Michael BaldettiGulzaib KhanMadeline ParisotMackenzie PaullHaoshuang Sun

Rubinbrown ScholarshipSarah Alexander

School of Accountancy Advisory Board Scholarship

John BerillaNicholas NedomaFaith SchabergTrent SteffensDaniel Tlapek

The John Schweitzer Accountancy Grant

Matthew MagritierMatthew MatteucciAustin PeeblesLucas Singer

John & Peg Slusher Accounting Scholarship

Jack Abeln

The St. Louis Chapter Tax Executives Institute

Curtis Strubinger

Patricia Vasterling Memorial Scholarship

Haley Burch

Weiss Family ScholarshipLandon WashamBryan Wolz

Maxine (Jagels) Wharton & Lee L. Wharton Scholarship Endowment

Haley BrockElise GouldsmithRichard LaplantZachary LargeJessica LoweGretchen SchmidtleinWilber CoxAlexandra Yslas

Earl Wilson Doctoral ScholarshipNick Hallman

39

Mizzou 39Each year, the Mizzou Alumni Association and the Alumni Association Student Board recognizes 39 outstanding students for their academic achievement, leadership, and service to the University of Missouri and the community. The number 39 is in honor of MU’s founding in 1839. Hai Kim received the award this year.

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School of Accountancy Advisory Board

School of Accountancy Advisory Board Members, 2014-15

Lori Caster BS Acc ’88 Former Group Vice President Schnucks Markets, Inc. St. Louis, MO

Jeffrey Comotto BS BA ’80, JD ’83 Vice President, Taxes (Retired) Anheuser Busch Companies St. Louis, MO

Julie Cubbage BS Acc ’95 Senior Vice President & Principal Cassidy Turley St. Louis, MO

Jay Dawdy BS Acc ’89 President Gryphon Strategies White Plains, NY

Marty Doerr BS BA ’76 Member in Charge Brown Smith Wallace LLC St. Louis, MO

Jeff Echelmeier BS Agr ’87, MS ’90 Member-Owner Williams-Keepers Columbia, MO

Jeff Gray BSAcc ’93 Partner PricewaterhouseCoopers LLP Kansas City, MO

Steven Hays BS BA ’80 Partner RubinBrown LLP St. Louis, MO

Frederick K. Helfrich BSAcc ’94 Partner BKD LLP St. Louis, MO

Michael W. Hickenbotham BS Acc ’92 Partner Ernst & Young LLP St. Louis, MO

Chuck Hutchins BS Acc ’84 Vice President Leggett & Platt, Inc. Carthage, MO

Bob Kimes BS Acc ’94 Partner PricewaterhouseCoopers LLP St. Louis, MO

Lisa Klempert BSAcc ’93 Partner SFW Partners LLC St. Louis, MO

Nikki Krawitz MS Accountancy ’82 Vice President for Fin & Adm (Retired) University of Missouri System Columbia, MO

Jack Lay BS BA ’76 Sr Exec VP/CFO Reinsurance Group of America, Inc. Chesterfield, MO

Brett L. Lewis BS Acc ’84 Office Managing Partner Grant Thornton Kansas City, MO

Joseph P. Maloney, Jr. BS BA ’83, MA ’84 Partner KPMG LLP St. Louis, MO

Bob Maus BS BA ’81 Director of Global Business Strategies Monsanto Company St. Louis, MO

✧Ed Miles BS BA ’74 AVP Financial Analysis AT&T Dallas, TX

Rick Mills BS BA ’78 Chief Operating Officer CBIZ MHM Leawood, KS

W. David Myers BS Acc ’84 Partner The Whitlock Co. Springfield, MO

Randy Oberdiek BS Acc ’84 Partner BKD LLP Kansas City, MO

The semi-annual meeting of the School of Accountancy Advisory Board was held in Columbia on November 14 with 19 members present. Topics discussed included faculty hiring, departures and appointments, 150-Hour Program update, study abroad program update, presentations from faculty regarding the curriculum (financial, tax and audit), CPA Exam, and revenue/funding matters.

The second meeting of the Advisory Board was held May 8 with 15 members present. Topics discussed were faculty hiring, professional activities, update on the 150-Hour program, study abroad program, NASBA Center for the Public Trust student chapter formed at Mizzou, curriculum review, and new program/ revenue ideas.

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School of Accountancy Advisory Board

Janine A. Orf BS Acc ’81 Former Vice President-Investor Relations Patriot Coal St. Louis, MO

John Passanisi BSAcc ’93 Partner Ernst & Young LLP Kansas City, MO

Laura Ray BSAcc ’01, MAcc ’01 Partner Deloitte LLP Chicago, IL

Brad Richmond BS BA ’79 Senior VP & CFO Darden Orlando, FL

Greg Rottjakob BSAcc ’87 Tax Managing Partner Deloitte LLP St. Louis, MO

David Swiney BS BA ’86 Principal – Forensic KPMG LLP Dallas, TX

Steve Sutton BS ACC ’82 MAcc ’84, Ph.D. ’87 KPMG Professor University of Central Florida Orlando, FL

Paul L. Vogel BS Acc ’89, M Acc ’90, JD ’93 President & CEO Argos Partners, LLC St. Louis, MO

Brent Wilson BS Acc ’94 Managing Director CBIZ MHM Kansas City, MO

✦Joined Board during the year✧Rotated off Board during the year

Vairam Arunachalam welcoming and updating the Board

Dean Joan Gabel updating the Board about the Trulaske College

Student CPT leaders Shannon Gilmore and Jack Buechel reviewing CPT activities with Board

Prof. Matt Glendening and Koni Daws presenting Study Abroad report

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The College’s Herbert J. Davenport Society annual banquet was held in Columbia on October 24, 2014. Named after the college’s first dean, the society promotes private participation in the support and development of the college. The School of Accountancy is very proud that five of the 2014 inductees are accountancy alumni. New members are Garry and Llona Weiss, Steven and Gina Lanham, Janet and Ray Pullen, Terrance and Katherine Richardson, and Ken Stone.

Gina and Steven Lanham, BS Acc 1992, MAcc 1993Director of Financial SystemsThe MetroSt. Louis, MO

Ray and Janet Pullen, BS BA 1977Team Leader-Heartland Clinic FinanceHeartland Health SystemSt. Joseph, MO

Terry Richardson, BJ 1990Tax PrincipalPricewaterhouseCoopersDallas, TX

Ken Stone, BS BA 1958, MA 1969, PhD 1976University of Central Missouri (retired)

Llona & Garry Weiss, BS BA 1976Cetera Investment Advisors, LLC

Davenport Society

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Alumni have often inquired of me about the history of the prestigious Davenport Society in the Trulaske College of Business. Therefore, this year, I went to our resident historian – Mr. Richard M. Orin – for an update! Below is an article that he wrote for me and that was also circulated at the centennial Davenport Society banquet.

Davenport Society

Herbert J. Davenport:Our First Dean

By Richard Orin (BS BA ’49)

Our first Dean was born in Wilmington, Vermont, the son of Charles N. Davenport, a lawyer, and Louise Haynes. Both parents came from established New England families. He invested his inheritance in real estate in South Dakota while in his early 20s but lost his fortune in the panic of 1893.

He studied at the University of South Dakota (PhB 1884), Harvard Law School (1884-1886), the University of Leipzig (1890), the Ecole des Sciences Politiques of Paris (1890-1891), and the University of Chicago (PhD 1898).

He worked from 1899 to 1902 as a high school principal in Lincoln, Nebraska. He began his university career at the age of 41 in the Department of Economics at the University of Chicago where he taught from 1902 to 1908. Afterward, he taught at the University of Missouri from 1908 to 1914 and as the first Dean of the School of Commerce from 1914 to 1916. Thereafter, he taught at Cornell University from 1916 to 1929.1

In 1911, he married Harriet Crandall and they had two children. He served as president of the American Economic Association in 1920.

He was the author of four books of important and influential treatises in economic theory. They were “Outlines of Economic Theory” (1896), “Value and Distribution” (1908), “Economics of Enterprise” (1913), and “The Economics of Alfred Marshall” (1935).

As a teacher, he was a dynamic, argumentative personality, always insisting on immediate answers, and he was a firm adherent of traditional economics. He was responsible for bringing Thorstein Veblen to the University of Missouri.2

He wrote: “To this end, Economics must cease to be a system of apologetics, the creed of the reactionary, a defense of privilege, a social soothing syrup, a smug pronouncement of the righteousness of whatever is – with the still more disastrous corollary of the unrighteousness of whatever is not.”3

He searched for real causes of economic phenomena and cleansing neoclassicism of their moralist and social functionalist interpretations that were more acceptable in the twentieth century. To him, private gain did not equate with social welfare and normal business practice based on his personal experience as a businessman, lawyer and economist. His neoclassical microeconomics was a confluence of the works of J. Laurence Laughlin (University of Chicago and Cornell University), Thorstein Veblen (University of Chicago, Stanford University, and University of Missouri), Frank W. Taussig (Harvard University), Irving Fisher (Stanford University), and Alfred Marshall (Cambridge University).4

My mentor, DR Scott, was his student and taught exclusively at Missouri from 1920 to 1954. Dr. Scott dedicated his exceptional book to him (1931) and credited his rigid training in the logical analysis of an economic organization around the market and attributed to him the personal inspiration which formulated his interest in the development of economics. He had left him skeptical of all economic analyses based upon the assumption of a competitive market, if it did not appear to represent the current economic paradigm.5

We are, indeed, proud of our namesake and honor his memory.6 (See reverse for footnotes)

Our first Dean was born in Wilmington, Vermont, the son of Charles N. Davenport, a lawyer, and Louise Haynes. Both parents came from established New England families. He invested his inheritance in real estate in South Dakota while in his early 20s but lost his fortune in the panic of 1893.

He studied at the University of South Dakota (PhB 1884), Harvard Law School (1884-1886), the University of Leipzig (1890), the Ecole des Sciences Politiques of Paris (1890-1891), and the University of Chicago (PhD 1898).

He worked from 1899 to 1902 as a high school principal in Lincoln, Nebraska. He began his university career at the age of 41 in the Department of Economics at the University of Chicago where he taught from 1902 to 1908. Afterward, he taught at the University of Missouri from 1908 to 1914 and as the first Dean of the School of Commerce from 1914 to 1916. Thereafter, he taught at Cornell University from 1916 to 1929.1

In 1911, he married Harriet Crandall and they had two children. He served as president of the American Economic Association in 1920.

He was the author of four books of important and influential treatises in economic theory. They were “Outlines of Economic Theory” (1896), “Value and Distribution” (1908), “Economics of Enterprise” (1913), and “The Economics of Alfred Marshall” (1935).

As a teacher, he was a dynamic, argumentative personality, always insisting on immediate answers, and he was a firm adherent of traditional economics. He was responsible for bringing Thorstein Veblen to the University of Missouri.2

He wrote: “To this end, Economics must cease to be a system of apologetics, the creed of the reactionary, a defense of privilege, a social soothing syrup, a smug pronouncement of the righteousness of whatever is – with the still more disastrous corollary of the unrighteousness of whatever is not.”3

He searched for real causes of economic phenomena and cleansing neoclassicism of their moralist and social functionalist interpretations that were more acceptable in the twentieth century. To him, private gain did not equate with social welfare and normal business practice based on his personal experience as a businessman, lawyer and economist. His neoclassical microeconomics was a confluence of the works of J. Laurence Laughlin (University of Chicago and Cornell University), Thorstein Veblen (University of Chicago, Stanford University, and University of Missouri), Frank W. Taussig (Harvard University), Irving Fisher (Stanford University), and Alfred Marshall (Cambridge University).4

My mentor, DR Scott, was his student and taught exclusively at Missouri from 1920 to 1954. Dr. Scott dedicated his exceptional book to him (1931) and credited his rigid training in the logical analysis of an economic organization around the market and attributed to him the personal inspiration which formulated his interest in the development of economics. He had left him skeptical of all economic analyses based upon the assumption of a competitive market, if it did not appear to represent the current economic paradigm.5

We are, indeed, proud of our namesake and honor his memory.6 (See reverse for footnotes) 1 Samuels, Warren J., “Davenport, Herbert Joseph” American National Biography Online Feb. 2000. 2 Orin, Richard M., “The Three Horsemen of Mizzou” School of Accountancy, Robert J. Trulaske, Sr. College of Business, University of Missouri, 2013 Newsletter. 3 Davenport, Herbert J., “Economics of Enterprise”, Augustus M. Kelley Publishers, New York (1968). 4 Dorfman, Joseph, “Thorstein Veblen and His America”, Augustus M. Kelley Publishers, Clifton (1972). 5 Scott, DR, “The Cultural Significance of Accounts”, Scholars Book Co., Houston (1973). 6 Orin, Richard M., BS BA 1949

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Trulaske College of Business bestows the Alumni Citation of Merit as the highest honor for alumni and friends of the college. This year, we are proud to note that three of the recipients are accountancy alumni. Their profiles and accomplishments are detailed below.

Martin M. DoerrBS ACC ’76, University of MissouriMember in Charge of Tax, Brown Smith Wallace, LLCSt. Louis, Missouri

Marty is the Member-in-Charge of the Tax Practice of Brown Smith Wallace. He is responsible for the technical oversight of the tax practice, as well as overall client service, staff training and recruiting, and policy matters. Marty comes from The May Department Stores Company where he served as the Senior Vice President-Tax. While at May, Marty handled all aspects of tax compliance, IRS audits and negotiations, state income tax and sales tax audit issues, captive insurance formation, golden parachute planning, and other tax-advantaged business strategies. Before that, he was partner with Arthur Andersen, where he led the firm’s national retail tax practice. His areas of expertise include mergers and acquisitions, compensation planning, partnerships, and accounting methods.

A licensed CPA, Marty is a member of the American Institute of Certified Public Accountants and the Missouri

Society of Certified Public Accountants. Marty also is active in his community, serving as a board member (including treasurer and president) for the Greenbriar Country Club, and serving on the Accountancy Advisory Board for the Robert J. Trulaske, Sr. College of Business. He formerly served as parish council president and finance committee chairman for St. Monica Parish.

Marty, who has been instrumental in establishing the Brown Smith Wallace Faculty Scholar, is a sponsor-level member of the Davenport Society and a member of the Jefferson Club. Marty and his wife, Marianne (also a Mizzou alum), have four children, two of whom were spirited Tigers. Their daughter Monica was a four-year member and captain of the Mizzou women’s cheerleading squad and their son Adam was a founding member of the men’s club baseball team.

Joseph P. Maloney, Jr.BS ACC ’83, University of MissouriM ACC ’84, University of MissouriPartner, KPMG LLPSt. Louis, Missouri

Joe is an audit partner in KPMG LLP’s St. Louis office. He also leads that office’s audit group that specializes in serving Private Market Clients.

Joe started his career with KPMG in 1984 after graduating from the University of Missouri. His clients have included both privately held and public companies,

Alumni Citation of Merit

Alumni Citation of Merit awardees Marty Doerr, Joseph Maloney, and Mel Niemeyer with Vairam Arunachalam

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Alumni Citation of Merit

including several clients who have prepared for or completed their initial public offerings. He also served several foreign-owned public entities with operations located in the United States.

During his 30-year career, Joe’s client work has focused on clients primarily in the Consumer and Industrial Business segment. He also has been involved in several acquisition and divestiture projects, including assisting clients in due diligence on acquisitions for the review and evaluation of business combination considerations.

Joe is the lead partner for KPMG’s recruiting team at the University of Missouri. In that role, he leads a team that has hired 40-50 accounting students annually over the last several years to join KPMG offices, not only in St. Louis and Kansas City but also throughout the United States in either full-time or internship positions. Because of the significant role the University of Missouri has played in KPMG’s national recruiting efforts, several students also have been placed internationally as part of their full-time or internship positions.

Joe serves as a dedicated member of the School of Accountancy Advisory Board for the Robert J. Trulaske, Sr. College of Business.

He and his wife, Linda, also a graduate of MU’s School of Accountancy (BS ACC ’83), met at Mizzou and are members of the Davenport Society and the Jefferson Club. They have two sons: Patrick and Daniel.

Melvin J. NiemeyerBS ACC ’89, University of MissouriMBA ’96, Harvard UniversityPartner, Transaction Services Group, PricewaterhouseCoopersChicago, Illinois

Mel is PwC’s Deals Business Strategy Leader and a member of PwC’s Deals Leadership team. He started his career at PwC in 1989 in PwC’s audit practice in St. Louis and joined PwC’s Deals business in 1996 after earning his MBA.

Since Joining the Deals business, Mel has advised both financial and strategic buyers on complex domestic and international transactions, carve-outs and disposals ranging from $10 million to $50 billion. With his expertise, Mel has advised over 500 deals across multiple sectors, advising corporate and private clients on evaluating targets in the industrial products,

manufacturing, distribution, consumer products, and business services sectors. He also draws on an international perspective after leading cross-border acquisition teams on transactions across the globe. Mel has had great impact in successfully guiding senior leaders considering acquisitions and divestitures as part of their strategy.

Mel has guided Mizzou students as a team teacher and keynote speaker at the 2013 Beta Alpha Psi Initiation Banquet for accountancy majors. Mel is a life member of the Mizzou Alumni Association as well as a member of the Davenport Society and Jefferson club. While at Mizzou, he was a member of the honor societies Omicron Delta Kappa and QEBH. Mel was also a member of AASB, Beta Alpha Psi and the Homecoming Steering Committee.

Mel is divorced and has two children: Lillian and Mara. Mel and his daughters live in Chicago, Illinois.

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Networking Skills

I have often been asked about our highly acclaimed professional development program (PDP) for accountancy and business students in the Trulaske College of Business at MU. To highlight an exemplar topic and individual, I talked to my good friend Denise Mills, Chief Mindset Officer and co-founder of LeaderFuelNow, “a leadership development consultancy specializing in shifting mindset, boosting performance and engaging and helping people be more effective in all areas of business and life.” Denise is a great friend of the School of Accountancy and has been a frequent visitor to our programs, along with her spouse, Rick Mills (BSBA-Accountancy, 1978; Chief Operating Officer of CBIZ MHM). I requested Denise to give me her perspectives on networking and she shared with me the following summary that provides an excellent analysis of the topic, along with some valuable tips.

Most people acknowledge that networking is an essential competency for business success. And yet many cringe at the very thought of a room full of strangers engaging in small talk, glad-handing with feigned interest. But that image, and that mindset, is a very limited perspective of only one stereotypical networking activity.

Networking is about connecting to information, resources, and to other people through relationships. For example, think about the different steps and

stages throughout your career – starting as early as a recommendation of which college to attend, to that first job out of college, to an internal promotion. Networking played a part in the opportunities that were presented to you and where you got the information that affected your choices and ultimately, your decisions. Simply defined, networking is friends helping friends. And in a broader sense, people helping people.

So what’s the formula for networking success? First and foremost, recognize that you already have an established network. In fact, many of them. Your family is a network; your co-workers, your college friends, and your children’s parents are all networks. Who you see at church and any event that you attend on a fairly consistent basis, are all in your network. Start by asking your closest friends for introductions to people who you’re interested in meeting. They’ll be honored that you asked. The next step is to approach networking with a healthy mindset and then practice some simple networking tips.

A Healthy MindsetHow you think about networking will directly affect your results. If you think it’s hard to do, you will make it hard for yourself. If you think it’s a waste of time, it will be. However, if you change your perspective and think that you can learn something from everyone you meet, you will. You will engage in conversations that are interesting to you and you will develop meaningful relationships along the way.

Five Simple Tips1. Be purposeful: Know your why. Why do you

feel you need to network? What are the benefits of developing new relationships at this stage of your life? What information or resource would be invaluable to you at this time? The answers to these questions will help you prioritize where to spend your networking time and energy.

2. Be aware: Create your comfort zone. What is your networking style preference? One on one? Small groups or larger functions? What type of events do you enjoy most? Structured with a facilitator or unstructured networking where you’re on your own? Choose events that fit your style. Attend events where you’ll feel comfortable and the people who attend are the people whom you need to meet. This can easily be accomplished by calling the event organizers or by

Denise Mills, LeaderFuelNow

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Networking Skills

replying to the email invitation you received. Another option is to attend events with someone you know.

3. Be intentional: Do your research. Who do you want to meet? Who has the information that you need to know? Go where they go. If you want to meet bankers, then attend the Banker’s Association events. CPA’s have a state organization with many local chapters. If you want to meet business people, then your local chamber is a good place to start. Chambers also sponsor specialized events for target audiences such as business leaders, small businesses and women’s events. And don’t forget about networking internally and developing relationships within your organization as well.

4. Be prepared: Call ahead. Increase your comfort zone by knowing more about what you’re walking into. This can be easily accomplished by calling the event organizer to learn more about the event. How many people do they expect to attend? Is it a stand up cocktail event or will there be tables? Is there a speaker? If so, plan to stay a few minutes after the presentation as often the speaker’s topic creates great conversation. You may even choose to introduce yourself to the speaker after the event as they are typically subject matter experts who might be of value to you.

5. Be meaningful: Engage in quality small talk. Create a short list of questions that align with what you need and what you’re interested in talking about. Ask questions such as “What are the current trends in your industry?” “How does technology affect the way you do business?” “What key data points drive your business?” This will create meaningful conversations wherever you go.

Everyone’s style and comfort zone is different when it comes to networking. Adapt the tips above to fit your personal style. Developing quality relationships through networking will be invaluable to you throughout your career.

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2014 New Admit Class Orientation Banquet

In September 2014, we welcomed 153 new admits to our 150-hour program. The outstanding class is made up of students from at least eight different states and at least four countries, and boasted an average incoming GPA of 3.725.

Students were welcomed into the program with a new admit workshop, held the first week of school. At the workshop students had the opportunity to network with each other and get to meet their EY Accounting Excellence Mentors (outstanding seniors in our program selected to be mentors to the coming class), who assisted these students working on the Accounting 3326 “Practice Set,” which is designed to refresh students’ knowledge over

recording transactions, preparing closing and adjusting entries, and creating financial statements. Completion of the Practice Set enables the students to start their first Financial Accounting course on solid footing.

A week later, the School of Accountancy hosted a New Admit Dinner at the Reynolds Alumni Center. The dinner was another chance for the new class to get to know each other, but also to network with accounting professors and recruiter from across the state and country. Marty Doerr, Member-in-Charge of the Tax Practice of Brown Smith Wallace, an alumnus of our program, served as the keynote speaker for the event.

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2014 New Admit Class Orientation Banquet

Marty Doerr of Brown Smith Wallace was the keynote speaker Marty Doerr delivered an inspiring talk on the attributes of professional success

Jennifer Sides (Anders – St. Louis) with students Jennifer Larkin (BKD) talking to students

Brett Lewis (Grant Thornton) introducing his teamTrish Ross (PricewaterhouseCoopers) at the event

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Kreg Brown (EKS&H-Denver) introducing his firm

Hannah Castellano introducing RubinBrown

John Passanisi (EY), center, interacting with students

Scott Picker and Elizabeth Griffith (Deloitte) with students

Jackie Hinkle (McGladrey) with a new admit

Amy Gregory (Caterpillar) introducing her team

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2015 Graduation Banquet

On April 23, 2015, a banquet was held at the University of Missouri Alumni Center for members of the 2015 graduating class of the 150-Hour program to celebrate their graduation and to commemorate their experience at MU. The banquet was attended by faculty and staff. The keynote speaker was John Tvrdik (BS ACC 1989), Managing Partner, Missouri Market, PricewaterhouseCoopers. John conveyed a very motivating message to the graduating students, and here are some of the wonderful memories from the event. More detailed coverage is available at our School’s Facebook page, including many fun “awards” presented at the event!

Keynote speaker John Tvrdik (PwC Missouri Market Leader) interacting with Mizzou faculty members Matt Glendening and Nate Newton

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Students mingling prior to the event

The graduation committee, Phyllis Moore, and Koni Daws with a cake befitting the occasion

John Tvrdik delivered a highly insightful keynote address, emphasizing the importance of developing human capital and networking

Tim Barron and friends/cohort at graduation

Students celebrating graduation with “selfies” on their phones

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Phyllis Moore received a standing ovation at the graduation ceremony for her retirement and service

Prof. Billie Cunningham with her Acct 2036 TA team

2015 Graduation Banquet

Graduation committee members draw (audited) lottery numbers for door prizes!

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Kristen Hockman with her Acct 2258 TAs

Graduation committee members and program staff with John Tvrdik

Prof. Chris Prestigiacomo (“Dr. P” as he is affectionately known to students) with his Acct 2037 TA team

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2015 Graduation Banquet

Jessica Hulett (2nd from left) with Phyllis Moore, Vairam Arunachalam, and Koni Daws, being recognized for her outstanding work study service for almost three years in the School of Accountancy

Nate Newton was selected by the graduating class as “Faculty Member of the Year”

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Study Abroad Update

The International Accounting course is a graduate level course, delivered in blended format with the students spending six weeks in class at Mizzou prior to travelling abroad to see the learned concepts first-hand. In January 2015, the International Accounting class once again travelled to London, England for the experiential learning portion of the class.

The students arrived in London Wednesday morning, January 7 and met up with Director Koni Daws and Assistant Professor Matt Glendening. Via a guided bus tour, the group immediately began discovering the city of London by seeing the London Eye, Trafalgar Square, Hyde Park, the House of Parliament and stops at Buckingham Palace and Clarence House, Prince Charles’ London residence. On Saturday January 10, the group continued the guided sightseeing portion of the trip by exploring Westminster Abbey, Big Ben, St. Paul’s Cathedral, and of course, viewing the Crown Jewels during the Tower of London tour.

January 8th the group began its schedule of professional site visits with a meeting with Michael Wells at the International Accounting Standards Board (IASB), where the students were updated on the implementation status of the International Financial Reporting Standards (IFRS) in various countries and where the United States is in that process. This was an excellent visit as it set the platform for IFRS discussions during the remaining profession visits.

From January 9 through January 14th, the group met with several companies, including AT&T, PwC, Reinsurance Group of America (RGA), and EY. During the professional visits, the students were encouraged to

Buckingham Palace

Westminster Abbey

Meeting at IASB

John Slamecka, Regional VP-AT&T

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ask questions and engage in discussion with speakers, all of which were high-level managers or executives with a wealth of knowledge and experience to share. Each visit provided a different perspective on International Accounting and some of the issues US companies encounter when going business globally.

The professional visit portion of the trip was rounded off with a visit to St. Louis-based FleishmanHillard, an international communications agency with more than 80 offices in 30 countries, which introduced the students to the public relations and marketing issues that face many industries globally.

The students made the most out of their limited free time exploring the city of London.

The School of Accountancy is currently planning next year’s trip to London, which include visits to public and private accounting firms, the IASB, FleischmanHillard, and hopefully one or two private manufacturing companies outside of London.

Study Abroad Update

PwC Visit

FleishmanHillardReinsurance Group of America (RGA) Visit

Kathy McCormick outside Buckingham Palace

The Jewel House Guards protecting the Crown Jewels

EY Visit

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Beta Alpha Psi Initiation Banquet

The Beta Alpha Psi Initiation banquet was held Thursday, April 16, 2015 at Tiger Hotel. In attendance were all new BAP initiates and officers, accountancy faculty/staff, and representatives from all our recruiters. Scott Picker, Deloitte Tax Partner in Kansas City, served as the keynote speaker for the event.

The Missouri BAP chapter is one of the oldest in the nation and has a long tradition

Scott Picker with Deloitte Professor Ken Shaw

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Beta Alpha Psi Initiation Banquet

A group photo of BAP initiates at Tiger Hotel

During his keynote address, Scott Picker emphasized several valuable points for career success

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On March 13th, Business Career Services (BCS) hosted the CBIZ MHM Accounting Case Competition. The event was a grand success, with more than a half dozen teams competing, and the leadership team of CBIZ MHM, along with Denise Mills and Vairam Arunachalam, serving on the judges panel.

CBIZ MHM Case Competition

“Chief architect” Mark Winiarski providing the judging panel (Rick Mills, Denise Mills, Bill Hancock, and Vairam Arunachalam) with case guidelines

Students were asked to analyze a revenue recognition case

Sponsored by:Register for this exciting opportunity today!

We’re looking for 6 teams of 3-4 undeclared accounting andaccounting emphasis students!

FIRST PRIZE: $2,000 - SECOND PRIZE: $1,000WHEN: March 12 & 13 - WHERE: Cornell Hall

For more information, please contact: Ryan Murray in BCSTo register, please visit:

facebook.com/mubcs or twitter.com/mubcsBusiness Career

Services

Inaugural BCS Accounting Case Competition

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CBIZ MHM Case Competition

A student team presenting its analysisStudent team presenting

1st place winning team with judges panel

Case competition participants with judges and Roxanne LaMonica (1st row, L), recruiting leader for CBIZ MHM

2nd place winning team with judges panel

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Guest Lectures/Snapshots from the Year

Boyd Behnke (KPMG – retired national partner for quality assurance) visits Professor Nate Newton’s Intro to Auditing class as a guest professor during the Fall 2014 semester

Mizzou Tiger, Paul Vogel, visits the School of Accountancy Office on way to Partnership Taxation class with Law/Accountancy students

Chris Barbee (PwC – retired global head of Forensic Services) at Traditions Plaza (across from Jesse Hall) after homecoming visit to Mizzou

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Guest Lectures/Snapshots from the Year

KPMG recruiting team visits Cornell Hall

David Swiney (KPMG) delivering a guest lecture in the Fraud Examination class

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Stevie Neuman (2nd from right) with Brown Smith Wallace leadership team at Bellerive Country Club in St. Louis (L to R: Chris Menz, Jenna Kerwood, Doug Eckert, and Marty Doerr)

December 2014 graduating class

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Guest Lectures/Snapshots from the Year

Retirees at School’s Holiday Luncheon (L to R): Jim & Sandy Stallman, Earl Wilson, Mary Meyer, Loren Nikolai, Ele & Ray Dockweiler

Jim Burton (Grant Thornton) delivering a guest lecture in Fraud Examination class

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News updates

Lindy Thomas Antonelli (BSBA-Accountancy, 1985), Partner at Armanino, has been awarded the Top Intacct Cloud Financials Software Reseller for the 5th year in a row. She leads her firm’s national Cloud Accounting Solutions practice out of their Naperville, IL office.

Jeff Comotto - After retiring from Anheuser-Busch in January 2014, Jeff and his wife, Christine, opened The Inn at Defiance, Missouri, a boutique Bed & Breakfast in Missouri’s premier wine region! More information is available at http://www.thedefianceinn.com/.

Campbell Arthur Griffin, Jr., (MA ’52) is now located in Houston. He was formerly a partner in the law firm of Vinson & Elkins L.L.P., and was a member of the Management Committee of the Firm from 1981 through 1990. He was the Partner in charge of the Firm’s Dallas office from its opening in July, 1986, until September, 1989. Mr. Griffin retired as a Partner of the Firm on December 31, 1992, after more than thirty-five years with the Firm.

Larry N. Killough (PhD ’69), KPMG Professor of Accounting and Information Systems in the Pamplin College of Business at Virginia Tech, has been conferred the title of “professor emeritus” by the Virginia Tech Board of Visitors. The title of emeritus may be conferred on retired professors, associate professors, and administrative officers who are specially recommended to the board of visitors by Virginia Tech President Timothy Sands. Nominated individuals who are approved by the board of visitors receive the emeritus honor from the university.

Don McGregor, BS BA ’79, of Madison, Conn., retired from AT&T Alascom in Anchorage, Alaska, after 29 years as executive director of finance.

John Moore, BS Acc ’91, JD ’94, of Prairie Village, Kan., a partner at Husch Blackwell, was named a 2014 BTI Client Service All-Star.

Brad Richmond retired from Darden after more than 32 years with the company. He spent nearly 9 years as CFO, and moved into an advisory role to assist with the transition subsequent to his retirement. Brad continues to serve on the School of Accountancy Advisory Board.

David Wasinger, BS Acc ’85, of St. Louis, managing partner of the Wasinger Law Group PC, won what online magazine Business Insider called the two biggest cases from the 2007-09 U.S. financial crisis. The cases involved JPMorgan Chase & Co. and Bank of America. He served on the UM System Board of Curators from February 2005- April 2011.

Promotions

Ernst & Young LLP announced that Dave Anderson (BSBA ’86) has been promoted to managing partner for its Kansas City office, will retire on June 30, 2015, and be replaced by Tax Partner. Anderson has 28 years of experience in accounting and handled some of the

firms largest accounts in the Kansas City area. He’s a 1986 graduate of the University of Missouri-Columbia, where he now leads campus recruiting for Ernst & Young. Anderson serves as co-director of the Central Midwest EY Entrepreneur of the Year program, and is the Kansas City office’s Inclusiveness Leader and executive sponsor of its Diversity Professional Network.

Andrew Espe (MAcc 2001) has spent the last 14 years serving financial services industry clients as a part of KPMG’s Audit practice. After graduating from Mizzou, he began his career with KPMG in the St. Louis office in 2001 and was recently promoted

to partner in the fall of 2014. In his new role, Andrew leads engagement teams through financial statement audits for public and private clients in St. Louis, Indianapolis, Cleveland, and Cincinnati. Andrew had a frontline view of the issues of the Financial Crisis for some of the largest financial institutions in the U.S. and has extensive experience with registration statements for initial public offerings, business combinations and fair value measurement matters. He volunteers with the United Way of Greater St. Louis Community Investment Committee and leads KPMG’s Junior Achievement Finance Park initiatives in St. Louis. When he can get away, his passion for golf has taken a temporary back seat to soaking up all of the time he can with his family (wife, Jessica (Niedbalski) Espe – BHS Communication Science and Disorders 2000, daughter, Celia (age 9) and son, Anderson (age 7)), especially for coaching his kids’ softball, baseball and basketball teams.

Alumni News

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Alumni News

Jenny Ramsey (MAcc 2000) was admitted as an assurance partner at PwC last year. Jenny brings over 14 years of experience providing audit services to both public and prively held companies across a wide range of industries. Based in Kansas City, she serves global audit

clients in both asset management and insurance, and through these engagements, her experience includes financial audits in regulated industries, public registration, and controls reviews.

Josh Scheinerman (MAcc 2000) has been with KPMG since graduating from our accounting program 15 years ago and provides audit services to clients primarily in the Media and Telecommunications, Renewable Energy and Industrial Manufacturing industries.

Prior to graduating, he began his career with KPMG as an intern in the St. Louis office, and then joined the firm full time in 2000. Josh was recently promoted to partner in the fall of 2014.  He gained valuable international experience while on a four year assignment (2006 to 2009) in KPMG’s accounting and advisory practice in Zurich, Switzerland where he worked with clients on a range of cross-border transactions involving complex accounting and financial reporting issues. This opportunity provided Josh with valuable insights to the risks and challenges organizations face on the global stage, and helps his clients navigate complicated financial reporting environments. He has also worked with clients on a number of SEC registrations, IPOs, and business combinations. He co-champions his firm’s local Great Place to Work Committee, which is an important employer of choice initiative for KPMG. Josh grew up in Phoenix, Arizona prior to pursing his accounting education and degree with us in Missouri. He and his wife Lindsay enjoy sports, traveling, and parenting their two dogs Stu and Ducky.

Wedding

Lindsey Belvins, BS Acc ’08, of Blue Springs, Mo. And Ryan Volmert, BS BA ’07 of St. Peters, Mo., Sept. 29, 2012.

Awards

The Kansas City Business Journal named the following alumni as 2014 CFO of the Year Award winners:

Jim Fitts, BS Acc ’87, Milbank Manufacturing Co. Inc.Ray Smith, BS Acc ’87, Ray Smith PKD Foundation

The St. Louis Business Journal name the following alumni as one of the 2015 CFO of the Year Award winners:

Pamela Boone, BS Acc ’85, CFO of Synergetics USA Inc.

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We had the honor of hosting Dr. Quiester Craig (PhD ’76) at Mizzou on Thursday, August 28, 2014. As one of the longest-serving business deans in US history, Dr. Craig brought unique and invaluable perspectives to

all the groups that he met with. He interacted with several students groups, faculty/staff, and administrative leadership. We were pleased to welcome Dr. Craig back to Mizzou!

Below are some snapshots from Dr. Craig’s memorable visit.

Dr. Quiester Craig Visits Mizzou

Dr. Craig with Daryl Smith (Director of Diversity) and Isaac GloverDr. Craig’s visit during our centennial year was a very appropriate timing

Dr. Craig talked about the values of persistence and the pursuit of excellence in life

Dr. Craig with Vasey Academy students

Dr. Craig with Vairam Arunachalam and Dale Wright

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James O’Leary, BS BA ’53, of Gladstone, Mo., Jan. 1, 2014, at 91. Jim was born March 29, 1922 in Tulsa, OK to Dennis and Nona O’Leary. He was an Army veteran of World War II where he served as a messenger. Following the war he attended the University of Missouri and received an accounting degree. Jim was employed by the Internal Revenue Service from where he retired. He loved playing tennis, attending baseball games and the Missouri Tigers and the Kansas City Chiefs. He never met a stranger. In his later years his niece, Theresa, would take him to Argosy Casino where he enjoyed gambling. He was preceded in death by his parents; brother, Frank; sisters, Grace, Cecilia, Mary, Gerry and Patricia. Survivors include a brother, Philip O’Leary, and several nieces and nephews.

Gina Tutera Lanham was born June 23, 1964, the last and 6th child of Frank and Elena Tutera. She was a graduate of the University of Missouri, Sinclair School of Nursing in December of 1986. She worked for the UMC Hospital and Clinics from January 1987 until April 1994 as an RN in both Rehabilitation and later in

Labor and Delivery. She continued her career in Labor and Delivery at Christian Hospital and St. John’s Mercy Medical Center (now Mercy) until October of 2014, when she was diagnosed with metastatic breast cancer. She died May 8, 2015 and is survived by her husband of 25 years Steven G. Lanham (BSAcc ’92, MAcc ’93).

Gina was an avid sports and fitness enthusiast. She would spend her free time spinning, bicycling, running, weight lifting, and most recently participating in cross fitness. She loved a physical challenge and would never give up without trying something at least 3 times. She played golf, liked to travel and loved coming to Columbia every fall for tailgating and MU Football. She loved the city and the university so much she planned to live there when she retired.

Gina endowed her portion of their estate to the Sinclair School of Nursing to help ensure that the school maintains a high standard of nursing education for years to come. 

In Memoriam

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Dr. Bob Kvam, who passed away last year at 92, was an ardent and dedicated teacher and friend. Those who knew him have narrated to me their joyful experiences with him as teacher. One part of this relates to how thoughtfully he did the things he did. Below is an article that his daughter Janet brought to my office recently. The article is a poignant look not only at technology, but also a partial insight into how methodical Dr. Kvam was during his illustrious career at Missouri.

A Walk Back in Time with Dr. Kvam

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A Walk Back in Time with Dr. Kvam

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A Walk Back in Time with Dr. Kvam

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Phyllis Moore retired June 1, 2015, after 25 years of distinguished service at Mizzou. She was with the School of Accountancy for 7 years and retired as the Director of the 150-Hour and Master of Accountancy Programs. Below are some pictures from her retirement reception with family, friends, faculty, staff, and retirees.

Phyllis Moore Retirement Celebration

Phyllis outside her office

Family & friends at her reception

Koni Daws presenting a gift from the School and staff

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Phyllis Moore Retirement Celebration

Grace Butler, Phyllis and her family listening to Dr. Nikolai’s tips for successful retirement

Dr. Mary Beth Marrs congratulating Phyllis

Specialty cake designed for Phyllis’ retirementPhyllis being recognized by students

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Traditions PlazaLocated in the heart of the University of Mizzou’s campus, in honor of the 175th Anniversary, is the newly opened Traditions Plaza. This is an outdoor gathering location consisting of bricks carved with quotations, MU traditions and locations, and donor’s names funded by the Mizzou Alumni Association (MAA).

This outdoor amphitheater/stage is perfect for not only classes, but concerts, rallies, and informal gatherings. Read more at http://mizzoumag.missouri.edu/2014/11/introducing-traditions-plaza/.

New Building Announcement – Applied Learning CenterOn May 18, 2015, outside the Trulaske College of Business, Governor Nixon announced that matching funds of $10 million would be provided towards the construction of the Applied Learning Center – an expansion of the Trulaske College of Business at the University of Missouri.

What’s New at MIZ-ZOU?

MU Chancellor R. Bowen Loftin, Gov. Jay Nixon, Harbour Group President Samuel A. Hamacher and UM System President Tim Wolfe gather outside the Trulaske College of Business to announce the allocation of $10 million in state funds for applied learning.

Photo by Nicholas Benner

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What’s New at MIZ-ZOU?

Mizzou Recreation Complex

Students on campus continue to enjoy the state of the art Mizzou Recreation facility which was constructed in the early 2000’s. Activities enjoyed include RecSports, Club Sports, Personal Training, Aquatic Activities, and so much more throughout the facility in the middle of campus. New additions this year included Clark’s Boxing Gym where students can enjoy drop-in classes as well as open gym activities as well as Stalcup’s Garage in which students participate in open gym sessions to facilitate strength and stability through the use functional training equipment.

Mizzou Rec.com

The MU Student Center remains a central point for our students on campus. Whether meeting for one of their various student organizations, grabbing a meal between classes or coordinating with many of the student resources that are located with the center, students feel at home within their student center.

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Top Program for Top Students / Career Preparation

TOP PROGRAM FOR TOP STUDENTS Leading CPA pass rate The average first-time pass rate on the Uniform CPA Examination is above 75 percent - impressive, as the average nationwide rate is below 50 percent.

425 students Approximate number of students in the program. Our small size helps foster a unique sense of community with students.

Scholarships Nearly $150,000 in scholarships are awarded by the School of Accountancy annually in addition to University of Missouri scholarships.

Internships Almost all students complete a professional accounting internship for academic credit. Above 95 percent result in full-time placement.

Jobs and Salary Above 95% placement rate for graduates with an average starting salary well above $50,000.

Not Just Public Accounting Though the program is geared towards public accounting, students also take positions with corporations, governmental agencies, non-profits, and start their own firms.

CAREER PREPARATION Today’s successful accountant needs a breadth of skills. CPAs are essential to good stewardship of a company’s goals and assets, understanding the dynamic marketplace and the bottom-line impact of major business decisions.

WHAT OPPORTUNITIES EXIST AT TRULASKE? Accounting Student Organizations Association of Accountancy Students, Association of Certified Fraud Examiners, Beta Alpha Psi, National Association of Black Accountants, NASBA-CPT, Tax Club

Specialization Track Graduate Certificate in Taxation

Business Case Competitions Deloitte Tax Competition, KPMG International Case Competition, PwC xACT and xTax Competitions, AICPA Case Competition

Speaker Series We bring in experts in accounting to share industry insight.

■ 150-Hour Program staff

■ Orientation events

■ Graduation events

■ Teaching resources

■ Databases (e.g., RIA tax database + FASB Codification database)

■ Newsletter and alumni/recruiter relations

Uses of the Business GraduateSupplemental Fee

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University of MissouriSchool of Accountancy303 Cornell HallColumbia, Missouri 65211

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