Fall 2009 Newsletter (PDF) - Department of Accounting ...

C H A I R P E R S O N ’ S L E T T E RGreetings, Alumni and Friends!Department ChairpersonSanjay GuptaNewsletter EditorsFred JacobsLynne ZelenskiDepartment OfficeN270 Business College ComplexEast Lansing, MI 48824(517)355-7486www.bus.mdu.edu/accPictured on Cover(From left to right) BACK ROW:Sev Grabski, Dick Weber, Matt Anderson,Scott Bronson, John Jiang, Charlie Bokemeier,Kris Allee, Fred Jacobs, Joe Anthony, BrianPentland, Marilyn Johnson, and Sue Kattelus.MIDDLE ROW: Kathy Petroni, ShannonMulally, Lynne Zelenski, Isabel Wang, SanjayGupta, Joan Luft, Fred Rodammer, andHarold Sollenberger. FRONT ROW:K. Ramesh, Jennifer Butler Ellis, ChrisHogan, and Sue Haka. Not pictured: SteveDilley, Ranjani Krishnan, Nancy Lankton, BillMcCarthy, Harrison McKnight, Ed Outslay,Vallabh Sambamurthy, Karen Sedatole, MikeShields, and Cheri Speier.This newsletter is printed on paper madewith 25% post-consumer waste.I write this letter to you with mixed emotions. On theone hand, the state of Michigan continues to dominatethe national news as among the worst hit from the currenteconomic crisis, with high unemployment, foreclosures,and bankruptcies. On the other hand, the news from theAccounting and Information Systems department in theEli Broad College of Business at Michigan State Universitycould not be more positive, uplifting and upbeat. Facultyand student accomplishments are many; demand for ourprograms and placement of our students remain strongdespite recruiters’ understandable caution; alumni givingcontinues at a very generous level. In short, as a group, weare firing on all cylinders!Our featured story in this newsletter is about the facultyand staff’s service—to the profession, institutionally acrossthe university, the college and the department, and to thecommunity in a variety of different and interesting ways.The story highlights some examples of our service at all ofthese levels.On the research front, our faculty’s accomplishments aresimply eye-popping, and I am proud to brag about them.For example,• As a group, the faculty will have 12 publications in thetop-tier accounting and information systems journalsthis year, with four papers published in The AccountingReview in 2009 alone.• Kathy Petroni had two papers published in Journal ofAccounting Research and one paper accepted for publicationin The Accounting Review this year, a feat that mostaccounting faculty don’t accomplish in an entire career.• Karen Sedatole won the 2009 Notable Contribution tothe Management Accounting Literature Award.• Mike Shields was listed in the top 10 “Most Prolific Authors,”based on articles published in the top five accountingjournals in the last 50 years by over 4,000 authors.An excellent example of both outstanding research andservice is the work of Brian Pentland, director of the InformationTechnology Management doctoral program in ourdepartment. Just a few of Brian’s impressive accomplishmentsare: earning a $380,000 grant from the NationalScience Foundation under their Innovation and Changeprogram; receiving the 2009 Administrative ScienceQuarterly Scholarly Contribution Award at the annualAcademy of Management meetings; and co-chairing theorganization committee of the 2008 International Conferenceon Information Systems (ICIS) in Paris, the largestand most prominent global IS conference.Not to be outdone by the faculty, our students had somevery impressive accomplishments of their own. Our sixmemberstudent team, led by captain Andrea Silva andfaculty advisor Joe Anthony, won first place in the 2009Deloitte National Case Study Competition. Amy Andrews,a May 2009 graduate of our Master of Science inAccounting program, was selected for the Financial AccountingStandards Board’s highly competitive and prestigiousPostgraduate Technical Assistant program. And 12 ofour students won the Michigan Accountancy Foundation’s$4,000 scholarships out of the 30 awarded.For all of these laurels, we are very mindful and extremelygrateful for the support that you—our alumni and friends—so generously provide. Your support makes us realizethat you share in our vision of excellence. Your supportgives us the motivation to aim higher, the energy to workharder, and the desire to do better.An area where we continuously aim to do better is ourcurriculum. Recognizing the significant developments inthe financial markets and external reporting practices, thispast year we incorporated new content related to valuationissues and fair value accounting. We also began the processof introducing IFRS throughout our curriculum. Developingand maintaining a leading-edge curriculum remainsa top faculty priority and we will have more specifics toshare with you about our efforts next year.Until then, we look forward to your continued engagementand encouragement. Please feel free to share with usyour thoughts, suggestions, and news.Go Green! Go White!!Sanjay GuptaRussell Palmer Endowed Professor and Chairperson2 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

F E A T U R E S T O R YCONTRIBUTINGPentland Chairs InformationSystems ConferenceTO THE PROFESSIONBokemeier Serves the MACPAFaculty Lead as Journal EditorsResearch conferences are important in the academiccommunity. They provide a forum for facultyto receive critical feedback on their researchfrom a geographically diverse audience, learnof new developments in their specific field, andinteract with peers from around the world. Butthey don’t organize themselves. The responsibilityof reviewing hundreds of research papers, organizingthe paper presentation sessions, invitinghigh-profile speakers, and making the necessaryhotel arrangements is not only significant butpurely voluntary. Brian Pentland was one of severaldepartment faculty members who served as aconference organizer this year. He was a co-chairof the International Conference on InformationSystems (ICIS), held at the Palais des Congres inParis, France. The premier conference in the fieldof information systems, its theme was “Ethics,Design and Consequences of IT,” addressing theissues of design and choice in a world in whichinformation systems continues to change the organizational,political and economic landscapearound the globe.The conference received 817 submissions, with areview process that included over 2,000 reviewersand editors from 47 countries. The final programincluded 162 full papers, 45 research-in-progresspapers, and six panels. One of the panels, sponsoredby United Nations Educational, Scientific andCultural Organization (UNESCO), explored therole of information and communication technologiesin capacity-building in the developing world.Brian and his co-chairs, Moez Limayem from theUniversity of Arkansas and Richard Boland fromCase Western University, are pictured here with theplaques they received recognizing their efforts.Service to the public accounting profession at thestate level is best illustrated by Charlie Bokemeier’sinvolvement with the Michigan Association ofCertified Public Accountants (MACPA) over thepast 10 years. During this time he has been anactive member of the Educators Task Force andthe Educators’ Spring Conference Planning TaskForce, chairing each of these groups for two years.As a result of this involvement and his commitmentto practitioners and educators, he was askedto be on the MACPA Board of Directors. Charliebegan his three-year term in 2008, and as a member,attends the Fall and Spring Advisory Forumsand three board meetings a year. The exchangewith the MACPA is a two-way street for Charlie—hekeeps the practitioners abreast of changeson the educational front, and the practitionershelp Charlie understand the problems encounteredin implementing many of the new accountingand tax regulations. In Charlie’s opinion, theMACPA is one of the premier state associationsand is regularly cited for its exemplary work bythe AICPA and other organizations. Likewise, theMACPA admires his work and in 2008 namedhim as the “MACPA Educator of the Year.”Charlie, with Sanjay Gupta and Lynne Zelenski at thefall MACPA awards banquet.Academic journals are the heart of the researchcommunity. They are the primary mechanism forthe dissemination of research results. Journal editorshave the awesome responsibility of ensuringthat the articles accepted for publication employvalid research methods and generate results thatare incremental and relevant. As a byproduct,their decisions to accept or reject have significantimpact on the careers of countless academics.Editors are selected with the greatest care and areamong the top researchers in the profession—they work many hours, and their service to theprofession cannot be overstated. With only adozen or so scholarly accounting and informationsystems journals and hundreds of researchersto choose from, the department has had morethan its share of editorial board members overthe years. In the past few years, the faculty listedbelow have served as journal editors or associateeditors. They are pictured below, left.FRONT ROW, LEFT TO RIGHT:Kathy Petroni, Accounting Horizons, Journal ofAccounting & Economics (associate editor)Sue Haka, International Journal of Accounting(co-editor), Management Accounting Research(associate editor)Chris Hogan, Auditing: A Journal of Practice andTheory (associate editor)BACK ROW, LEFT TO RIGHT:Sev Grabski, International Journal of AccountingInformation Systems (associate editor)Mike Shields, Accounting, Organizations, andSociety (associate editor)Ranjani Krishnan, The Accounting Review(editor), Information Systems Research (guesteditor)Bill McCarthy, The Accounting Review (editor),MIS Quarterly (guest editor)Harrison McKnight, Electronic CommerceResearch and Applications (associate editor),International Journal of Organizational Trust(associate editor)NOT PICTURED:Joan Luft, Journal of Management AccountingResearch (associate editor)V. Sambamurthy (Samba), Information SystemsResearch (editor), MIS Quarterly Executive (editor)4 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

F A C U L T Y / S T A F F N E W Swith J. Lee and G. Wyner, MIS Quarterly.“Routine dynamics,” with M. Feldman,Handbook of New and Emerging Approaches toManagement and Organization. “OrganizationalRoutines,” with M. Feldman, InternationalEncyclopedia of Organization Studies. “Issuesin Empirical field studies of OrganizationalRoutines,” with M. Feldman, Handbook ofOrganizational Routines.KATHY PETRONI“Analysts’ Incentives and Street Earnings,” withBok and Farber, Journal of Accounting Research.“The Effect of Regulation FD on TransientInstitutional Investors’ Trading Behavior,” withKe and Yu, Journal of Accounting Research.VALLABH SAMBAMURTHY“How should CIO’s Enable the Governance oftheir Enterprise’s Value Nets?” with A. Rai and R.Agarwal, MIS Quarterly Executive.HAROLD SOLLENBERGER“Credit Union Financial Performance: TheImpact of Asset Size,” with Andrew Stanecki,Bank Accounting & Finance.MIKE SHIELDS“Organizationally Oriented ManagementAccounting Research in the United States: ACase Study of a Radical Research Innovation,”with Jake Birnberg, Accounting, Organizationsand Institutions. “It’s Been-an-All-Too-Short Interesting Trip Through the BehavioralAccounting Literature: A Personal Perspective,”Behavioral Research in Accounting. “Effects ofOrganizational Process Change on ResponsibilityAccounting and Revelations of Managers’ PrivateKnowledge,” with Jake Birnberg and CaseyRowe, Accounting, Organizations and Society.“Anthony Hopwood: Management AccountingScholar,” with Chapman, Journal of ManagementAccounting Research. Handbook of ManagementAccounting Research, with Chris Chapman andAnthony Hopwood.DICK WEBER“Compensatory Damage Awards for NonphysicalPersonal Injuries: The Murphy Pendulum,” withDennis Gaffney, Maureen Smith-Gaffney, andRichard Davis, The ATA Journal of Legal TaxResearch. “IRS Provides New Safe Harborsfor Taxpayers Using Rolling-Average InventoryMethods,” with Dennis Gaffney, Maureen Smith-Gaffney, and Richard Davis, Journal of Taxation.ACCOUNTING REVIEWHIGHLIGHTThe Accounting Review is consideredthe premier accounting academicjournal. The 12% acceptance rate isindicative of both the quality of thejournal and the difficulty of gettingan article accepted. So it is quite anaccomplishment that from the end of2008 to the beginning of 2010, sevenarticles authored by our departmentfaculty will have appeared in the TheAccounting Review:KRIS ALLEE, “The Demand for FinancialStatements in an Unregulated Environment:An Examination of the Production and Use ofFinancial Statements by Privately Held SmallBusinesses,” with T.L. Yohn.—2009RANJANI KRISHNAN, “The Effects ofDisseminating Relative Performance Feedbackin Tournament and Individual PerformanceCompensation Plans,” with R.L. Hannan andA.H. Newman.—2008SANJAY GUPTA, “Special Purpose Vehicles:Empirical Evidence on Determinants andEarnings Management,” with M. Feng and J.Gramlich.—2009JOHN JIANG, KATHY PETRONI, ANDISABEL WANG, “Comprehensive Income:Who’s Afraid of Performance StatementReporting?” with L. Bamber.—2009/2010K. RAMESH, “The Interdependence betweenInstitutional Investor Stock Ownership andInformation Dissemination by Capital MarketData Aggregators,” with J. D’Souza and M.Shen.—2009/2010K. RAMESH, “Market Reaction Surroundingthe Filing of Periodic SEC Reports,” with E.X.Li.—2009KAREN SEDATOLE, “Transient InstitutionalOwnership and CEO Contracting,” with S.S.Dikolli and S.L. Kulp.—2009FACULTY RESEARCHRANKINGThe Chronicle of Higher Education’smost recent Faculty Scholarly ProductivityIndex lists both Broad’s Accountingfaculty and Information Systems facultyas the sixth most productive in thecountry. The index is based on datacompiled by Academic Analytics. Theranking considers the number of journalpublications, books published, citations,awards, honors, and grants.DEPARTMENTALFACULTY TEACHING ANDRESEARCH AWARDSThese awards were determined bythe Accounting and InformationSystems faculty.• Roland F. Salmonson Faculty Excellence inTeaching Award:EDMUND OUTSLAY• Faculty Excellence in Research Award:JOHN JIANGSTUDENT DESIGNATEDAWARDSThe following awards were voted on bythe students in the undergraduate andMS programs:• Outstanding Undergraduate Teacher:STEVE DILLEY• Outstanding MS Program Teacher:WILLIAM MCCARTHYFall 2009 Newsletter // Broad School Department of Accounting and Information Systems // 9

F A C U L T Y / S T A F F N E W SOutslay NamedDeloitte/Michael LicataEndowed Professor of TaxationAt the Deloitte and Touche faculty dinner inSeptember, ED OUTSLAY was formally namedthe Deloitte/Michael Licata Endowed Professorof Taxation. Michael Licata was a loyal andbeloved alum of the department from whichhe earned his bachelors’ degree in 1973. Whileworking his way toward becoming Partner-in-Charge of Tax Services in the Detroit office, hewas an incredibly strong supporter and steadfastcontributor to the department. After he passedaway, the Mike Licata/Deloitte Endowmentfund was created to honor and memorialize hislong-term commitment to MSU. The fund supportsa professorship held by Kathy Petroni, andthis fall this second professorship was added.Ed joined the faculty in 1981 and was promotedto full professor in just seven short years. He hasauthored research studies and monographs for theAAA and AICPA and has co-authored the leadingbook on international taxation published by theAICPA. He has testified before the U.S. SenateCommittee on Finance, and made presentationsat the Brookings Institution, the National Tax Association,and the U.S. Treasury Department. Hehas won several teaching awards, including theRoland F. Salmonson Faculty Excellence in TeachingAward (three times) and the John D. WithrowTeacher-Scholar Award, and several professionalawards, including the American Taxation AssociationTax Manuscript Award and the Ray M. SommerfeldOutstanding Tax Educator Award. At theUniversity level, Ed has won the Presidential Awardfor Outstanding Service and the highly prestigiousDistinguished Faculty Award. Ed personifies everythingthat Mike believed in and respected—apassion for the field of taxation, a dedication to hisstudents, and a commitment to the department,college and Michigan State University.Zelenski Awarded DistinguishedAcademic Staff AwardLYNNE ZELENSKI, director of academic servicesfor the department, was one of four recipients ofthe prestigious Michigan State University DistinguishedAcademic Staff Award. This award is presentedannually to four academic specialists andMSU Extension academic staff for extraordinaryachievement, excellence, and exceptional contributionsin advising, curriculum development,outreach, extension, research and/or teaching.The department joins with the university in recognizingher many contributions. She has beenemployed at the University for almost 25 years,10 of which have been spent with our department,first as the director of the MS Programand currently as the director of Academic Services.She assists in the administration of the department,coordinates departmental programs,works with external constituencies, and teachesthe accounting careers course. As noted in hernomination, her dedication, commitment tostudents, innovative ideas, initiative, and organizationalskills have significantly contributed tothe efficient operation of the department and itspositive perception within the Broad School, theUniversity and with external constituents.The award was presented at the annual UniversityAwards Convocation in February. We congratulateLynne on this much-deserved award!Gupta Selected for CICAcademic Leaders ProgramSANJAY GUPTA, Russell E. Palmer EndowedProfessor, and chair of the department was selectedby Michigan State University to participatein the 2009-10 Committee on InstitutionalCooperation (CIC) Academic Leadership Program(ALP). The CIC is a consortium of the BigTen universities plus the University of Chicagowho, for half a century, have shared expertise,leveraged campus resources, and collaborated oninnovative programs. The ALP was designed bythe CIC to develop the leadership and managerialskills of member-school faculty who havedemonstrated exceptional ability and academicpromise. Many of the programs’ nearly 1,000fellows have gone on to serve with distinctionas college presidents, provosts, and deans. TheALP consists of three seminars hosted by differentCIC universities. The program is specificallyoriented to address the challenges of academicadministration at major research universities andto help faculty members prepare to meet them.In addition to attending the seminars, ALP fellowsmay be required to participate in on-campusactivities throughout the academic year.10 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

S T U D E N T N E W SDOCTORAL PROGRAM NEWSPublications and Paper PresentationsHonorsGe Bai“Accounting Performance, Cost Structure, andFirms’ Capacity Investment Decisions” (withRanjani Krishnan and Sylvia Hsu), presented atthe 2009 AAA Managerial Accounting MidyearMeeting, St. Petersburg, FL.Derek Hillison“Using workflow data to explore the structure ofan organizational routine” (with T. Haerem andB. Pentland) in M. Becker and N. Lazaric (Eds),Organizational routines: Advancing EmpiricalResearch, Edward Elgar, Cheltenham (UK).“Why Rosetta Can’t Dance: TheCombinatorics of StandardizingInterorganizational Service Processes” (withB. Pentland and M. Wimble), presented atthe 68th Academy of Management Meeting,Organizational Communication & InformationSystems (OCIS) Division, Anaheim, CA.Michelle Lau“Accounting Contextual Variables inNegotiations: ‘Our Distrust is Very Expensive’”(with A. Drake, S. Haka, and F. Miller),presented at the 2009 AAA ManagerialAccounting Midyear Meeting, St. Petersburg, FL.Mahesh Ramamani“Understanding the Captive Unit Strategy—A View from the Indian IT / ITES Industry”(with R. Banpa), presented at the 2008 NewYork University Conference on Conference onGlobal Delivery of Professional Services, NewYork, NY.Harminder Singh“Watching (Out For) Each Other: The Role ofClan Controls in Managing Project Teams.” InProceedings of the 68th Academy of ManagementMeeting Academy of Management. “IT andFirm Clustering: A Point-Pattern Comparisonof the Service and Manufacturing Industries”(with M. Wimble and V. Sambamurthy)presented at the Fourth Symposium onStatistical Challenges in Electronic CommerceResearch (SCECR), New York, NY.Matt Wimble“Keeping the Lights On and Building NewSystems: An Examination of InformationTechnology Outsourcing in Services andManufacturing” (with V. Samabmurthy),presented at the 2008 Conference onInformation Systems and Technology (CIST),Washington, D.C. “Systematic Risk andInformation Technology”, (with B. Phillips, V.Samabmurthy and E. Gutowski), presented atthe Third Midwest United States Associationfor Information Systems Conference (MWAIS),Eau Claire, WI, Runner-up Best Paper.“Why Rosetta Can’t Dance: TheCombinatorics of StandardizingInterorganizational Service Processes” (withD. Hillison and B. Pentland), presented atthe 68th Academy of Management Meeting,Organizational Communication & InformationSystems (OCIS) Division, Anaheim, CA.“The Impact of Information Technology onIndustry-Level Efficiency: A Slacks-Based DEAComparison of the Service and ManufacturingSectors” (with V. Samabmurthy and A. Ross),presented at the Fourth Symposium onStatistical Challenges in Electronic CommerceResearch (SCECR), New York, NY. “IT andFirm Clustering: A Point-Pattern Comparisonof the Service and Manufacturing Industries”(with H. Singh and V. Sambamurthy) presentedat the Fourth Symposium on StatisticalChallenges in Electronic Commerce Research(SCECR), New York, NY.Derek HillisonParticipant, International Conference onInformation Systems Doctoral Consortium,Paris, France.Michelle LauDepartment of Accounting and InformationSystems 2008-09 Research Award.Mahesh RamamaniParticipant, Doctoral InternationalizationConsortium in Information Systems, Universityof Washington, Seattle, WA, 2008.Harminder SinghDepartment of Accounting and InformationSystems 2008-09 Research Award Participant,Big Ten Information Systems ResearchConsortium at University of Notre DameParticipant, AMCIS Doctoral Consortium,Toronto, CA.John TrippDepartment of Accounting and InformationSystems 2008-09 Teaching Award.Matt WimbleParticipant, Big Ten Information Systems ResearchConsortium at University of Notre Dame.Shawn XuDepartment of Accounting and InformationSystems 2008-09 Teaching Award.GrantsThe following students were awarded summer2009 Research Fellowships:Ge BaiDerek HillisonMike HopwoodMichelle LauMahesh RamamaniDimitris VrettosMatt Wimble12 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

S T U D E N T N E W SPlacementsShawn XuDissertation: “The Change of AccountingConservatism Around Earnings Restatements:An Analysis of the Impact of CEOCompensation.” Employment: University ofMichigan at FlintNew StudentsACCOUNTINGMarilyn Johnson enthusiastically spearheaded the recruiting efforts of the AccountingPhD Programs Committee by organizing and hosting recruiting days, which bring a selectgroup of PhD applicants to East Lansing for an intense day of interaction with faculty and PhDstudents. The recruiting efforts led to another successful incoming class of four students:New StudentsINFORMATION TECHNOLOGYMANAGEMENTEun Ju Jung holds an MBA fromKyungpook National University, South Korea,and is currently working at the Korea Institutefor Defense Analyses (KIDA) in Seoul.Yu Huang holds a Bachelor’s degree fromHuazhong University of Science &Technology, Information Management &Information Systems.• Colleen Boland has an MBA fromthe University of Wisconsin-Madison, hasbeen an instructor at Grand Valley StateUniversity, and comes with extensive publicaccounting experience.• Matt DeAngelis has a Masters inAccounting from Penn State, and mostrecently, has worked at PwC’s TransactionsServices Group. Matt comes to us withhigh recommendation from Professor JimMcKeown (PhD ‘69) of Penn State.• Dan Lynch is returning to MSU aftercompleting a MS in accounting at NotreDame and gaining tax accounting experienceat Plante & Moran.• Amy Swaney was recruited through thePromising Scholar Program initiated twoyears ago. Amy just completed an MBA atMSU and comes to us with extensive industryexperience.EventsPricewaterhouseCoopersSummer WorkshopPricewaterhouseCoopers Summer Workshopsare designed to give Ph.D. students one-on-oneand small group exposure to leading accountingresearchers. In May, we hosted Professor GeoffSprinkle of Indiana University. His expertisein managerial accounting nicely dovetailedwith the area expertise of several studentscurrently being mentored by Sue Haka, RanjaniKrishnan, Joan Luft, Karen Sedatole, and MikeShields. The PwC Summer Research Workshopis important in the continued developmentof our PhD students as independent scholars,who enhance their critical skills by engaging inenergetic academic exchanges with a leadingaccounting scholar. We thank PwC for theirongoing support of this program.Distinguished ScholarPresentationsUnder the leadership of K. Ramesh, weare continuing the Distinguished ScholarPresentations Program. These presentationsare designed to provide an efficient forumfor faculty and Ph.D. students to addresscutting edge research questions using stateof-the-artresearch methods. In June, MSU’sJeff Wooldridge, a University DistinguishedProfessor from the Department of Economics,shared his perspective on linear and nonlinearpanel data models. He illustrated manyapplied econometric techniques using variousaccounting datasets, and he provided concreteapplication guidelines to academic accountants.Promising Scholar ProgramThe Promising Scholar Program (PSP), initiatedby Karen Sedatole, had another successfulyear. PSP brings some of our department’s topMS students and the Broad School’s top MBAstudents together to learn more about careersin academic accounting. The program includesa presentation about academia, a question andanswer session, a research seminar, and lunchwith accounting faculty. While the recruitmentof Amy Swaney was a success for MSU thisyear, the department hopes that PSP willmore broadly add to the pool of talented PhDapplicants that the profession needs so dearly.Fall 2009 Newsletter // Broad School Department of Accounting and Information Systems // 13

S T U D E N T N E W SNational Championship and $22,ooo in Prize MoneyIN APRIL 2009 the winning team from the localMSU Deloitte Case Study Seminar travelledto Scottsdale to participate in the National Seminar,competing against teams from Florida A&MUniversity, University of Houston, University ofSouthern California, University of Washington,and the University of Wisconsin-Madison.This event is sponsored each year by the DeloitteFoundation, through contributions fromretired partners, and this year marked the 14thannual seminar.The student team worked with a Deloitte advisor,Kyle Urek, and faculty member, Joe Anthony, toidentify issues and develop a research plan, devisea solution, and prepare a case presentation. Theteam’s assigned case was to advise on potentialvoluntary adoption of IFRS for an internationaldiamond mining company. They presented theircase and solution to a panel of faculty advisorsand active and retired partners acting as the auditcommittee of their client. The panel thenasked questions and raised issues for responseand discussion.We congratulate the winning team, pictured from left to right, Bardy Jaddou, Joe Thomas, Andrea Silva (teamcaptain), Gwendolyn Lee, Nick Schall, and Mike Mehl. In the back row, left to right, are Deloitte members of the “auditcommittee”, Jim Fuehrmeyer, Bill Platz and Jim Johnson.AND THEY WON! Each student received a$2,000 scholarship from the Deloitte Foundation,and their successful efforts yielded an additional$10,000 award for the department.12 Students Awarded MichiganAccountancy Foundation ScholarshipsEach year, the Michigan Accountancy Foundation (MAF) awardsscholarships to deserving accounting students attending Michigan’scolleges and universities. Through the generous support of MACPAmembers, professional firms, and other CPA leaders, students receive$4,000 to help them complete their final year of education.Once again, the Broad School’s accounting students have been verysuccessful, receiving 12 of the 32 MAF scholarships awarded.We congratulate these outstanding students—back row, left to right: KylePrice, Eric Dennett, John Thelen, and Ryan Smith. Middle row: Abel Teshome,Brian Boer, Kathryn Wheatley, and Gabriel Ramirez. Front row:Candace McCastle, Christie Parker, Andrea Silva, and Brittany Fitch.14 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

STUDENT AWARDSFSA Student Achievement Award: Amy FloryDaniel Collins Accounting Research Award:Tara Keener, Igor LevitAccounting Student Association OutstandingMember of the Year: Rebekah GorzalskiBeta Alpha Psi Outstanding Member of theYear: Justin KolbowS T U D E N T N E W SNational Association of Black AccountantsOutstanding Member of the Year: Terry Ward2008 DEPARTMENT SCHOLARSHIP/FELLOWSHIP WINNERSBDO Seidman: Rebecca Alvesteffer, ErinBojarzin, David Donofrio, Jessica Kamprath,Kelly Kaye, Jeff McFarland, William Popielarz,Kelli Rogge, Ryan SiebD. Jean Sanders Beck: David Kroll, Yiou LiuWilliam and Carol Brink: Jaesun Lee, JenniferLucas, Kelly MacKenzie, Lakshmi Malaivaiyavur,Stephanie Messano, Megan Murphy, EmilyNelson, Jomay Ng, Morgan Ott, Christie Parker,Kristen Reid, Frank Wiegand, Fan XiaArthur H. Carter: Andrew Castine, JustinKolbow, Brad LaBram, Jonathan Leins, DavidLucio, Nathan Mathes, Matthew Michrina,Bryan Murawski, Spencer Ornes, Aaron Parisho,Jeffrey Pisani, Richard Pratt, David Presar, KylePrice, Nathan Saunders, Thomas Scott, RyanSikorski, Ryan Smith, Gregory Stein, BrianStevanovic, Abel Teshome, Yuanming Tian,Martin Vogel, Geoffrey WaitDaniel J. and Bette H. Church: MichaelAdornetto, Joshua Bahena, Joshua Branham,Bardeleon Jaddou, Daniel Lee, Zhi Liu, AnthonySasinowski, Chad Schlosser, James Waskom,Yining ZhongSteven D. Clark Accident Fund: ElizabethGutowski, Louis Hengesbach, Dennis Reckinger,Erin SchlicherCrowe Horwath: Steven Eroyan, MichaelHarrington, Mark Hermelyn, Thomas Huynh,Stephen Thill, John A. ThelenDeloitte: Jillian Angelocci, Eric Ball, SheaBryant, Soo Ok Choi, Monte Cooper, Jr., KristieCoplin, Yujia Zhai, Xianglin ZhangDeloitte Diversity Scholarship: ShanekaHallback & James HardyJohn Dallal: Kathryn WheatleyDoeren Mayhew: Michael Daramola, MeghanGriffin, Kate Hawthorne, Jordan HeierDow Corning: Kwaku Danso-AbeamErnst & Young: Xi Chen, Brittany Fitch, LaurenHafner, Jiha Kim, Kelli Kutz, Krichelle Lorence,Nicholas Quigley, Haoli XueErnst & Young Doctoral Fellowship: Ge Bai,Colleen Boland, Matthew DeAngelis, MikeHopwood, Michelle Lau, Daniel Lynch, EricMarinich, Joe Schroeder, Amy Swaney, TylerThomas, Dimitris VrettosScott and Patricia Eston: Timothy Borgeson,James House, Sadiya Nur, Gabriel Ramirez,Andrew Stanecki, Joe ThomasGrant Thornton: Shannon Comer, PaulDolinshek, Robert Lipovsky, Andrew McMahan,Kelly Wnuk, Yue ZhangGardner M. and Pauline A. Jones: JoshuaEndsley, Lisa Frentz, Duyen Pham, DanielleReardonMarlys and Jack Gray Doctoral Fellowship:Amy SwaneyKPMG: Katelyn Aitken, Brandon Barnes, MarkDeLuca, Kristyn Dinger, YoungKeun MinThomas Luccock: John VandercruyssenWilliam and Delrose Marlene Martino: KyleCorcoran, Brian BoerJames E. McCartney: Shruti Agrawal, DanaCasault, Roman Krivochenitser, Andrea SilvaRussell and Vera McCurry: Carol Bossenbroek,Sarah WilsonRichard and Barbara McWhirter: CrystalCollier, Lisa Hettler, Molly O’HaraPlante & Moran: Melanie Crowther, OliviaEdgar, Kristina Gonzalez, Rebekah Gorzalski,Amanda Hartsell, Clark Janisse, Jennifer Korn,Jacob McManus, Michael Mehl, Megan TravisPricewaterhouseCoopers: Philip Cherian,Natsumi Danjobara, Craig Riffel, Kelly Thomas,Cheryl WagnerGlenn and Susan Schafer: Audrey Andison,Adam Bradford, Eric Dennett, MichaelDesnoyer, Jeffrey Genung, Andrea Guertin,Matthew KawieckiFrank N. Sidoti: Pui Chiang, Katelyn Esch,Young Kim, Ross Kraynak, Mengyan Lin,Xianshen Liu, Raymond Markham, TanitMartin, Adam Mott, Michael Purcell, DanielRodden, Emily Schenk, William Schwartz,Michael Showerman II, Benjamin Taormina,Peter Tynes, Tianchen XuConstance Richards Smith: Stephen Ahrens,Annie Aladjova, Jordon Albrecht, MandyAnsari, Nicole Carlini, Brian Conway, JonathonDiCicco, Eric Essian, Michael Grady, KevinKwiatkowski, Kathryn Martz, Kristen McCusker,Keith Mika, Ross Mills, Alan Olson,Antonina Palazzolo, Jessica Reuter, EdwardRogers, Valerie Sampson, Madison Schliewe,Demetrius Scott, Mengyu Shi, Brice Stevens,Staci Tobe, Allison VanderbergCecil R. and M. Beatrice Upham: Derek Boer,Sichun WangVirchow Krause: Michael Bello, Zachary Evert,Matthew Fitch, Scott Forbes, Andrew Gavin,Amanda Lovera, Joseph Werner, Jason WrightRoger E. and Laura Hamill Wilkinson: LesleyBergquist, Christopher KassabFall 2009 Newsletter // Broad School Department of Accounting and Information Systems // 15

S T U D E N T N E W SAmy Andrews to Intern at FASBAMY ANDREWS (BA ‘08, MS ‘09), has been selected for the Financial Accounting Standards Board (FASB)Postgraduate Technical Assistant Program in 2009-2010. During her year at the FASB, she will be very involvedwith the accounting standard-setting process and will develop an in-depth understanding of the rolesplayed by preparers, auditors, and users of financial information. To qualify for this highly competitive FASBinternship, candidates must be nominated by the member school, have an outstanding academic record, anddemonstrate strong oral and written communication skills. Only one applicant per school is considered, andonly six interns were chosen. “We are thrilled that Amy will be joining us, and I truthfully have to say thatAmy was an extremely strong candidate,” said Ginny Cintron, director of Human Resources for the FinancialAccounting Foundation. Amy has deferred employment with PricewaterhouseCoopers in Detroit in order to participatein the program for a year. We congratulate Amy on this wonderful accomplishment and opportunity!Hengesbach Wins AICPA ScholarshipLOUIE HENGESBACH has been awarded a $3,000 scholarship from the American Institute of Certified PublicAccountants (AICPA). The AICPA Scholarships for Minority Accounting Students provide competitive awards tooutstanding full time undergraduate students at regionally accredited institutions to encourage their selectionof accounting as a major, entry into the profession and ultimately achieving the CPA designation. Louie, who willbe a junior this year, is very appreciative of the assistance provided by the AICPA.Ramirez Selected for AICPA Scholars ProgramGABRIEL RAMIREZ, JR. was selected by the AICPA to attend their 2009 Accounting Scholars LeadershipWorkshop on May 28-30 in Atlanta, Georgia. This opportunity is awarded annually to 100 minority studentsnationwide. The theme of the program was “CPAs: Embracing a New Era,” and through speakers, panel discussionsand interactive programs, Gabe learned more about the infinite career paths available in accounting andhow to be an effective leader. He said he enjoyed meeting other accounting professionals and said, “I think itis important to recognize that the accounting profession is constantly changing due to globalization and thatminorities have and will continue to have a major influence on the profession.” Congratulations to Gabe forbeing selected to participate in this fantastic opportunity.Teeple Wins Becker Scholarship for SuccessALLARD TEEPLE was one of 50 students from around the country chosen to receive a Becker Scholarship for Success.The scholarship is worth $2,800 and is designed to assist high caliber students with financial need prepare forthe CPA exam. Shannon Mulally, director of our MS program, nominated Allard and was excited to learn that hewas selected. “Receiving this scholarship is a tremendous honor not only for me, but for my entire Bay MillsIndian Community,” said Allard. “With so few Native Americans pursuing accounting degrees, it is all the morerewarding to be recognized and given this wonderful opportunity to prepare for the CPA exam and get my accountingcareer off to a great start.”16 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

S T U D E N T N E W SSpeakers SeriesThis past year, four professionals visited campus as part of the department’s ongoing professional speakerseries supported in part by a grant from Alcoa, Inc. This series exposes students and faculty to the perspectivesof distinguished professionals on important contemporary accounting issues.Valuation ProfessionalsIn the fall semester, Timothy Cummins from Stout Risius Ross, and JohnBintz (BA ‘86) from Valuation Research Corporation, came to campus toshare their firms’ views of the importance of valuation in the marketplaceand the role of accounting information and accountants in valuation settings.They discussed these issues with the faculty and doctoral students ata morning seminar, lunched informally with them, and then conducted alarge session with undergraduate and graduate students in the afternoon.Timothy is Managing Director of Stout Risius Ross, and John is Vice-President of Valuation Research Corporation.In the spring semester, Jay Wachowicz (BA Finance ‘95), from Stout RisiusRoss visited ACC 807, Financial Statement Analysis, and shared both hisknowledge of the recent changes to the fair value accounting standard andhis view of valuation using accounting information. Jay’s insights were extremelyvaluable in this capstone course that integrates concepts learned inseveral other courses such as finance, strategy, operations, and accounting.PCAOB ExpertIn the fall the department hosted Bill Gradison from the Public CompanyAccounting Oversight Board (PCAOB). Bill was appointed bythe Securities and Exchange Commission as a founding member of theboard and served as acting chairman in 2006. At an evening presentationattended by 150 undergraduate and graduate accounting students,he discussed topics of current interest in theauditing profession, including auditing inthe current economic environment, auditingfair value estimates, and the future of theprofession. He also conducted a faculty seminarwith Ron Boster, his special advisor, onmatters relating to the establishment and operationsof the PCAOB, Auditing StandardNo. 5 on internal controls, and the PCAOBinspection process.STUDENT SNAPSHOT 2008-09Undergraduate Program• Accounting majors (juniors and seniors): 516• Junior/senior average GPA: 3.56• Accounting majors in Honors College: 65• Placement (within 3 months of graduation):66% graduate school; 18% employed in publicaccounting, industry or government/non-profitorganizationsEnd of the Year CelebrationMS Program• Students enrolled: 176• Placement (within 3 months of graduation):88% employed in public accounting, industryor government/non-profit organizations;1% graduate schoolRankingsUNDERGRADUATE PROGRAM• #15 in U.S. News & World Report (2008)• #12 in Public Accounting Report’s AnnualProfessor’s Survey (2008)MS PROGRAM• #11 in Public Accounting Report’s AnnualProfessor’s Survey (2008)This past spring, the Master of Science in Accounting program held its first endof-the-yearparty for graduating students at Dublin Square in East Lansing. TheMS Student Activities Board planned the event, complete with mock awardsand raffle prizes. Everyone had a great time and over 100 students and facultyattended. This event will surely become a program tradition!Fall 2009 Newsletter // Broad School Department of Accounting and Information Systems // 17

D O N O R / A L U M N I N E W SExternal Advisory BoardThe External Advisory Board provides invaluable guidance, feedback and adviceto the department. At the fall meeting, board members were first apprised ofdepartment news and issues and then put to work reviewing and providinginput to our curriculum as it relates to international accounting issues. Boardmembers also had the opportunity to interact with student leaders from theAccounting Student Association, Beta Alpha Psi and the National Association ofBlack Accountants. The student leaders talked about their group goals, activities,and challenges, and board members provided their thoughts and advice.The board had another full agenda in the spring, including a field trip! Insteadof meeting in a Broad School conference room, they met in the SpartanClub overlooking Spartan Stadium. The meeting began with a discussionof the economy and its impact on the university and the board members’organizations. There was also discussion of assessment in the MS program andCPA exam issues, and finally, the board had the chance to review and provideinput into our curriculum as it relates to auditing and valuation. At the endof the day, the board toured the Clara Bell Smith Student Athlete AcademicSupport Center and the new Skandalaris Football Center. Everyone agreedthat it was fun to see and learn about another part of campus.We extend our gratitude to board members completing their service this pastyear. We thank Kathleen Jenkins, Matt McColl, Chris Sugden, Julie Wahrman,and Dave Winclechter for their commitment to Michigan State Universityand invaluable input to the Department.2009-2010 EXTERNAL ADVISORY BOARD MEMBERS ARE:External Advisory Board members pose with the original ceramic Spartan statue at thespring 2009 meeting in Spartan Stadium. Pictured are (left to right): Pat Withrow, LauraHirst, Kathy Jenkins, Kevin Voigt, Clare Silbert, Marilyn Johnson, Matt McColl, MikeMarcero, Jim Gibbons, and Eric Ringle.Matthew Becker, BDO Seidman, LLPJoe DeGennaro*, Doeren Mayhew, CPAs & ConsultantsDenise Essenberg, Pricewaterhouse Coopers, LLPGeorge Gans*, Deloitte & Touche, LLPJim Gibbons, KPMG, LLPLaura Hirst, State of MichiganLinda Hubbard, Carhartt, Inc.Phyllis Knight, Champion Enterprises, Inc.Chris Lipscomb*, Pulte HomesMike Marcero, PricewaterhouseCoopers, LLPPatrick O’Keefe*, O’Keefe & AssociatesKevin Ohl*, ConsultantBob Palmer, Plante & Moran, PLLCPaula Reichle*, Sparrow Health SystemEric Ringle, Deloitte & Touche, LLPJoanna Shaw*, US SignalClare Silbert, Ernst & Young, LLPJeff Smith*, Ernst & Young, LLPKevin Voigt, KPMG, LLPPat Withrow, The Dow Chemical CompanyJim Young, Northern Illinois University*New members18 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

D O N O R / A L U M N I N E W SSECOND FLOOR LOBBY GETS MAKEOVER—THANK YOU DOW!The Department received a much neededmakeover in 2009. No, we weren’t on TV,but we did benefit from the generosity ofDow Chemical, completely transformingour lobby into an attractive, comfortableand functional space. Thanks to the hardwork of Pat Withrow, Global Process Controller,Customer Invoicing & AccountsReceivable, at Dow and member of ourExternal Advisory Board, we were able todirect $8,000 of the Dow’s Aid to EducationProgram toward our lobby project. Thenewly remodeled lobby features comfortableseating areas, a display cabinet, and storagecredenzas. No sooner was the project completedthan students were found gatheringand working in the new space. Situatedright outside the Ernst & Young AccountingBusiness Communication Center, it isthe perfect area for serving refreshmentsduring the bi-annual open houses. We haveincluded an “after” picture of the lobbywith this story; unfortunately, we don’thave a “before” picture to demonstrate thedramatic transformation. We thank Dowfor contributing to our lobby project andenabling us to create a welcoming, professionalimage to students and visitors!E&Y CommunicationCenter CelebratesFifth AnniversaryStaff of the center from left to right: Rachel Kim, Rose Clark-Hitt, JoshHitt, and Jennifer Butler Ellis (director).The Ernst & Young Accounting Business Communication Centercelebrated five years of success in September 2008. Over the lastfive years, student appointments have steadily grown, the facultyhas become more involved, and the integration of communicationskill development throughout the MS in accounting curriculum hasdramatically increased. This year, data was collected in the center tosystematically examine ways to help students improve their writtenand oral communication skills. Findings from the data, presented atthe National Communication Association’s annual conference, werethen used to develop messages for students about effectively usingthe communication center to help them develop their communicationskills. Another research paper will be presented at the upcomingannual conference that discusses new program ideas for the center.Finally, a panel for the upcoming conference was developed andproposed with the goal of understanding student needs, motivation,and preferences regarding communication skills. The past five yearshave been exciting, and we extend our gratitude to Ernst & Youngfor supporting our vision.Fall 2009 Newsletter // Broad School Department of Accounting and Information Systems // 19

D O N O R / A L U M N I N E W SRECOGNIZING THE MAJOR CONTRIBUTORS TO THE DEPARTMENT OF ACCOUNTING ANDINFORMATION SYSTEMS AND/OR THE ELI BROAD COLLEGE OF BUSINESS.CONTRIBUTORS OF $5,000 OR MOREBrian & LauraAmbroseJames & SharonBradowWilliam R. BrinkEli & EdytheBroadCraig & VickiBrownKeith & PegBurnsThomas & NancyChurchMartin LouisClemensScott & PatriciaEstonArlene & IrwinEttingerRichard L. Evans Richard J.FinebergVincent D. FosterJack & MarlysGrayMr. Michael L.& Mrs. Lisa S.HerrintonMichael L.KennedyMatthew L.McCollRichard & DebraO’ConnorRobert W.SchabergRobert S. SiegelBud SmithNot Pictured:Ken & StacyStaneckiRandall &MargaretTavierneStephen & NancyVellaMr. & Mrs. JamesH. WallJohn F. & CathyH. WalshMr. & Mrs.Jeffrey K.WillemainJohn & Becky DuffeyMr. Hugh HickokEd & Carol LakeMrs. Donald L. NeebesDonald J. PuglisiRichard & Marlene RitchieDr. & Mrs. Ray S. SchmidgallClare M. & Richard S. SilbertKenneth F. & Elizabeth F. SommerDoug & Shelly ThomasGary C. & Margaret A. ValadeMr. & Mrs. Brian J Van ElslanderJulie C. WahrmanDavid & Holli WinclechterCONTRIBUTING COMPANIESAbraham & Gaffney, P.C.Accenture Foundation, Inc.Alcoa, Inc.Alpha Phi InternationalAuto-Owners InsuranceBDO Seidman, LLPBecker Professional ReviewBeckman Coulter Inc.Capital Area United Way, Inc.Capital City Vision, PCChrysler Corporation FundComerica, Inc.Crowe Chizek & Company LLCCrowe Horwath LLPDeloitte & Touche LLPDoeren Mayhew & Co., P.C.Dow Chemical CompanyEli Lilly and CompanyErnst & Young FoundationGeneral Mills FoundationThe Gerber FoundationGrant Thornton LLPJ.P. Morgan Chase FoundationJanus FoundationKPMG FoundationLamont, Hanley & Associates, Inc.MTS Systems CorporationManer CosterisanMicrosoft CorporationOwens-Corning FiberglasPlante & Moran, PLLPPricewaterhouseCoopers FoundationThomson Reuters (Tax & Accounting)UBS Financial Services, Inc.UHY Advisors MI, Inc.Verizon FoundationVirchow, Krause & Company, LLPW.K. Kellogg FoundationThe Sam & Sheila Young 1998 Trust20 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

D O N O R / A L U M N I N E W SAll contributions were made July 1, 2008–June 30, 2009CONTRIBUTORS OF $2,500 TO $4,999George E. Borel Michael J.Burwell & JamieK. BurwellDaniel & BetteChurchGregory & JudithCoursenWilliam A. &Jane R. DittmoreSanjay & KiranGuptaMark & MarciaHooperEnoch & NancyJenNot Pictured:KrishnamoorthyRamesh & MariaS. KangAnthony C. & RachelleE. FlanaganRyan A. HorningRobert & Christine LauxGregory & Lisa NowakJeff & Kristen SmithRobert G. &Carol A. MayScot & ElisabethMorrisonEdmund & JaneOutslayRichard D. &Deborah L.PatersonWilliam K. &Johnnie N. SacksBrad & CherylStevensCONTRIBUTORS OF $1,000 TO $2,499Douglas P. BajorMatthew K. &Kristy J. BeckerThomas &Kathryn BeneshDrs. L. Charles &Janet BokemeierGerald & CoralieCieslinskiCarmine &Wendy GuerroSue & Cliff Haka Mr. Eric J.HespenheideXuefeng Jiang &Yanyan WangNot Pictured:Joseph R. Angileri and Julie S.Douse-AngileriJanet G. AsheFrancis Troy BarnhartCraig A. and Gail BorosMr. David B. BrowerCharles R. CiuniLarry CooleyWilliam and Tami CoynePeter DahlbergH. J. DobbsTimothy L. and Susan DumondGordon and Shirline DurkeeRon and Eileen EcksteinV. Pat EstonCynthia A. GabrielGeorge S. and Daphna GansWolfgang E. GieseckeJohn J. and Beth J. GrantStephen and Kimberly HarfenistJoseph P. and Amy HogueKaren S. HoldenFrederick T. HondzinskiWilliam and Carolyn KinneyMichael A. Licata, Jr.Jill Dempster LicataThomas N. and Catherine O.LuccockDaniel C. MaherMike and Laura MarceroScott M. MartinekTerrence M. and Elizabeth A. MeterLarry Oberst FamilyMr. and Mrs. James P. O’RilleyDr. and Mrs. Ronald J. PattenVincent P. and Patricia M. PavlakLawrence and Susan PerlinRobert F. and Maureen P. PhelpsMr. Peter PrychodkoBob and Joni ReinhartLarissa R. and Eric E. RingleRoland and Josephine SalmonsonPeter J. & Diane ScribnerSusan B. & Richard SherrattDavid & Heather SimmetRavinder & Meena SrinivasanBrian J. SullivanCraig M. & Dawn M. ThorntonKevin P. Voigt & Leslie L.Krantz-VoigtMichael L. & Debbie WiegandGary A. & Beverly A. ZellJerry & RoseJonckheereRobert M. &Martha D. PalmerGlenn A. TestRandy A. KoningDr. & Mrs.Michael D. ShieldsWilliam &Wendy WhiteGeorge & NancyKrullMr. & Mrs.Raymond SpinolaRoger & LauraWilkinsonRichard A. &Barbara J.McWhirterMichael J. &Michele M.SwartzJeffrey E. ZaleskiJeff & NancyMengelRick & IreneTangheFall 2009 Newsletter // Broad School Department of Accounting and Information Systems // 21

D O N O R / A L U M N I N E W SRECOGNIZING THE MAJOR CONTRIBUTORS TO THE DEPARTMENT OF ACCOUNTING ANDINFORMATION SYSTEMS AND/OR THE ELI BROAD COLLEGE OF BUSINESS.$500-$999Joseph H. and Madeline M. AnthonyCarol Banninga AshleyLouis R. BarkmanJudy and E. F. BaskinAnn K. BeaujeanRichard L. and Rhoda C. BeaujeanJohn R. BebesStephen J. and Dana L. BosakWilliam and Colleen BowmanTimothy A. and Jessica A. BurkhardtCarabell, Leslie and CompanyRichard M. CzarnotaBruce R. DelbecqJeffrey T. Delorme andBillie E. LampinenGlen M. DonovanWilliam A. ErkenChristina K. and Michael J. FerlandSharon M. FilasMichael D. and Tricia L. FosterKatherine A. and Jeffrey D. FreyStephen E. and Sharon P. GarciaBrian D. and Pamela GibsonSusan GillM. James and Sarah G. GunbergJim and Laurel HarrisSusan M. and William M. HermannJoan M. HoeferMr. and Mrs. Howard T. HooverAndrew K. and Jennifer HubackerSean C. and Margaret H. KeenanDebra C. KiteleyJack G. KoenigsknechtCharles F. KosalKevin E. and Deidre M. KrauseMariann G. KriegerDouglas J. and Tina M. KrizanicLori D. and Mark T. LachowiczStacy L. and Robert F. LongJeffrey L. and Marilee G. MillerJudith A. MurphyDavid S. NathanRick and Lori NoechelCharles W. Painter III andPatricia Scollard PainterTom and Kathy PetroniJohn R. and Mary Ann PipskiLawrence Anthony PociaskBradley J. PodrazaRobert M. and Teresa L. PollockSusan M. ReeseJune and Brian RudyGerald SchemidtLaura A. StanzaErik S. StrangScott P. and Kerri L. SzalonyKen and Ann ThelenB. J. WolffHan Sang YiJean M. Young andDonald W. Young, Jr.Mary W. and Roger D. Zimmerman$250-$499Matthew J. and Connie M. AndersonLaurence S. and Jean M. AppelAlana J. AskewKenneth Banka and Theresa Kluk BankaGregory D. BoehmerDouglas G. and Peggy A. BohrerScott D. and Kathryn A. CaranoGordon J. and Joanne L. CurnowLaura M. CurranMelanie A. DaweRobert L. and Shari DaytonCatherine M. DeclergShannon E. DennisCheryl L. DunnBrock S. ElliottJulie A. ErhardtPatricia A. Essex and Mark F. AsmanWilliam and Joan FalkEric V. and Lisa FormbergGeorge A. and Diane M. FoxSeverin V. and Sharon S. GrabskiLucas J. Greyerbiehl andElizabeth DoughertyDianne M. GroshekKurt L. and Shauna R. HarasScott R. and Renee L. HavemanThomas S. and Shannon B. HerbstTammy and Archie HoebeckeRichard and Donna HoeferCheryl A. and Mark E. IrelandJohn N. and Keziah M. KampJoseph M. and Lenora G. KauffmanStephen L. KazmirowskiMichael R. and Jennifer D. KratochwillLaurel J. LeclairSarah B. LoweJohn J. and Charlotte J. MarquardtAlan J. and Karen J. MaxeyJames C. and Nancy A. McKeownHerb and Mary Ann McLachlanNancy L. and Joseph D. MeconiFabienne MillerRex E. and Lisa A. MillerMary Moeller Fineis and Jeffrey J. FineisMichael A. MoyskiBenjamin S. NeuhausenBrian M. and Robin NorredSarah E. and David C. NutterErik C. and Stacy OlsonJennifer N. PatronaJay and Gail PearlsteinJay B. and Vicky PetersonSheila C. and Vern C. PowellPatricia A. Rich and Jeffrey A. HartzelRyan J. and Jacqueline V. RieglingMichael P. ScheetzNicholas G. SchunckChristopher M. and Laura A. ScottLarry P. SeeseJamie SimpsonDaniel M. SporkaJustin B. StilwillDennis B. and Patricia K. SullivanBarbara J. and Joel E. ThompsonJeff and Margaret TuoriMichael J. WaldronMichael D. and Suzanne E. WanstreetJames O. WardDr. Richard P. WeberJennifer A. and Kenneth J. WilliamsChristine M. and Michael T. WiluszRobert Woolley, Jr.Huifang Zhu$100-$249Susan S. Ahrens and Thomas J. MeyerRobert D. and Naomi E. AllenDavid J. and Gloria AmbroseMegan C. AndersonCharlotte AnkersNelson W. Armstrong, Jr. andJudith R. ArmstrongRebecca A. AshburnMr. Bruce J. AutenLincoln and Mary A. AveryCarolyn AxisaChad M. BaragarPamela J. BarberDaniel W. BargyBrent J. BarkerKaren M. and Richard B. BartramLauren B. BeckerSandra N. and Bryan C. BenjaminJeffrey I. BennettJill M. BerryElizabeth A. BlazoSteven J. and Carol J. BorsumMichael S. BrackenridgeTammy BrunerJonathan S. BrussMichael T. CarmodyLisa M. CarrollDana CataniaJamie B. CharronBarbara J. ChegerCynthia M. ChmuraBrent G. CieszynskiCatherine L. ClarkLori D. and Jeffrey W. ClarkMason L. and Suzanne G. ClarkBranden L. CollinsJune V. ColvilleLaura J. and William R. ColvilleJames L. and Judy CorfieldGary L. and Theresa CoronaJohn E. and Gail J. CrichtonRichard E. and Dolores C. CzarneckiDebra R. and Timothy B. DansbyKeith A. and Donna J. DarbyRyan L. DarichukRob and Lynette DavisonMichael J. DeanHoward M. DedowPatricia J. and Thomas E. DennisSteven M. DiMambroTimothy M. DixonJohn M. DobrowolskiAmy M. DrouillardNicole M. DrunsinskyNancy M. and James DykhouseScott W. and Yvonne DzurkaMarvin R. and Marilyn A. EckerlePaul E. and Angela G. EdwardsMary A. EvansG N. FarwigKevin R. FisherEric B. FishtahlerShanon M. FishtahlerKatherine E. FlemingMegan R. FloriTodd D. FredericksKaren FunkJoseph J. GaglioW. M. GeorgeLaura L. GodlewskiScott F. GreenmanElizabeth and Rob HaarJessica L. HaganMindi M. HarrJohn R. and Jane HepferRobert L. and Joanne M. HeritierStacey L. HicksScott HilliardCasey E. HodgsonEllen L. HoekstraEileen K. and Daniel J. HoganLisa M. HopcianBarbara G. JacksonTimothy D. JacksonAngela JanssenMr. and Mrs. Larry JeffersKathleen A. JenkinsRobert W. JohnsJeremy R. JohnsonBradley R. and Kathryn S. JonesZachary W. and Amanda KennedyKerilyn M. and Christopher M. Kittman22 // Broad School Department of Accounting and Information Systems // Fall 2009 Newsletter

D O N O R / A L U M N I N E W SAll contributions were made July 1, 2008–June 30, 2009$100-$249 CONTINUEDGlen J. and Jayne S. KleinMichael J. and Marilyn KnilansLinda and Dennis KolowichAndrew J. KramerDonna J. and Joshua J. KramerAnthony G. KrauseNancy L. and Thomas A. KrupiarzCathy N. and Keith E. KunkelBryan E. and Jo Ann KurtzChrista A. LandowskiNicholas A. LangKristi L. and Tuan T. LeJoseph J. LengletLi LiChristopher C. LillaMia G. LombardiKevin L. LoudonJennifer J. LusaRina S. MadiasPaul J. and Roseann MaguireStephen C. MarshJacqueline S. and Robert A. MataMarc T. McCurryDanielle M. and Steven McNallyMariella C. MercerKevin L. MoffattWalter E. Moore, Jr. and Joyce K. MooreLauren M. NaluKei H. NgMichael A. and Barbara R. NigroDavid A. OberstThomas P. O’ConnorNathan D. and Molly E. OttoNino Palazzolo and Laura FranoDavid A. and Kay A. PedersenJillian M. PerlinLisa E. Pietrinferno andAlfred J. Pietrinferno IIIJoann M. PolickDerek J. PolzienNicole B. PuttBradley T. and Marilyn J. RaymondJessica A. and Robert E. ReidyDaisha K. RhoadesDr. John and Shirley RichardsonLindsay K. RodinWilliam A. Roth, Jr. andDorothy P. RothFrank and Amy SaccaAimee L. SchauerAnn E. and Daniel D. SchwarkCarolyn ScowcroftMichael S. Seadle and Joan L. LuftAmy SelvigLisa M. Sheffield-Lillie andJames E. LillieSarah A. SherlockParvez R. and Becky SopariwalaKristin S. SophieaJoanne E. SpencerAlice and Richard StrattonMonte R. SwainMyles M. TalbotGregory D. and Susan M. TaylorWilliam H. and Elissa ThomsonMarcia T. and Frank ToddJennifer A. Van DalenKathryn S. VanderMolenPhillip J. and Christine A. VarvatosPeter J. VasellMichael T. VehlewaldSarah R. and Thomas VilleneuveKatie M. VivianoRichard D. and Amy C. VogtGayle I. Vorpagel and Tom DimitroffMr. and Mrs. Jon A. WalgrenJennifer A. WallaceGregory R. and Patricia WalthornKaren S. and Richard S. WamplerCarl S. and Sharon A. WarrenMr. and Mrs. Steven M. WebsterTracy J. WilesAndrea R. WilkinsNorman and Marilyn WiseJohn D. and Dortha J. WithrowCristina R. WuerthKyoung-No YoonDiane M. and William R. YordyRenee ZainerOTHER CONTRIBUTIONSAngela D. AcostaSydney M. and Janet M. AdamskiGerald W. and Sharon K. AmbroseThomas J. and Patricia A. BassThelma BeaujeanJeffrey A. and Laura L. BennettAlan F. and Cherie N. BergerRichard and Margaret BethelL’Nora BieskeRichard S. Black, Jr. andJennifer A. BlackKenneth A. and Lori G. BluhmJoan K. BonnerJeanne and William R. BorrowsDaniel J. BrinksRona L. and Christopher J. CaswellMargarete L. and Steven M. ChalkerTammy L. and Darryl J. ChickSteve ClarkDonald F. and Carol D. ConditJason D. DistelrathBrian E. DootShirley R. DylewskiDiane EbertsGrace A. and Harry J. EbertsJames and Lois J. EbertsMarsha J. FentonGeorge W. and Laura I. FernsDavid F. FetykoJames W. and V. Joan FleserJohn J. FraasPaul S. GagackiBernice and Alvin GatesArlene G. and Harold GendelmanSuzanne and William C. GieszerDianna L. GirardNorman H. GodwinAlison M. GoldbergTom and Carol GrayThomas T. and Margaret E. GrebinskiRonald L. and Kim I. GrinnellJames A. and Deborah GuyskyRonald C. and Virginia F. HaasKathryn E. HamiltonLucy Hansell WyattErnest I. and Diane E. HansonLaurie and Carl D. HarmLynn and Mary HarveyErika HechtSara J. HendrixMary Ellen and Bob HenehanJohn L. and Martha L. HesseMaureen E. and Kevin T. JeakleAndrew J. and Heidi L. KernSara KiteJoanne M. KlainShirley E. and Leslie H. KlauerDamon K. and Renee C. KosofskyBarbara S. KucheraLois J. KurtaJames V. and Linda A. KurtzClaire L. and Brian S. KzeskiCarol A. and Jeff R. LambJack E. and Judith L. LandmanMichael J. and Sarah K. LangPhilip L. LatorMary MalaspinaMatthew S. ManoskyKevin D. MaroldJames D. and Carol MartiGarret R. MausolfTressa A. and Lee McAllisterBruce and Sheryl McCristalTerry McKenney Person andJohn W. PersonAnn T. McKennisSally A. MellonMary C. Mertz-Smith andGavin J. SmithPaul T. MilnikelRichard E. and Emily H. MoelleringBrandon D. MontesDonald D. and Lorraine M. MooreMike and Midge MorrowWako MyogaJon O. and Mary H. NelsonTimothy L. and Juanita OeschMary Ann OrrSeth K. and Lorena F. ParkerRosemary W. PeitzCarol H. PertaErwin E. and Carol A. PetersonGeorge and Nancy PetroffDaniel S. PoggioloScott A. PotterMary M. PowellLael L. and Duane K. RedickMilton RedickAnn C. RhodesTheresa A. RossRobert RyndressEsterene SandersKaren E. and Lawrence E. ScanlonRobert L. Schlaud, Jr.Stephanie M. and Donovan ShephardArthur R. Sieting, Jr. andNancy P. SietingJames T. and Charlene E. SobolLaura L. and Glenn SteffensArnold SteinJames B. and Carolyn A. StokoeJennifer L. SzottTroy R. Teschke, Jr.Betsy A. TownsendJoan E. TravisTom VanderkuyJacqueline A. VenierRichard R. and Annette K. WeiserFall 2009 Newsletter // Broad School Department of Accounting and Information Systems // 23

The Eli Broad College of BusinessDepartment of Accounting and Information SystemsMichigan State UniversityN270 North Business ComplexEast Lansing, Michigan 48824-1122Nonprofit Org.U.S. PostagePAIDEast LansingMichiganPermit No. 21Alumna of the Year 2009Susan Work Martin, Ph.D.President, Eastern Michigan UniversityThe department proudly announces that Susan W. Martin is its alumna ofthe year for 2009. Susan is a 1988 graduate of Broad’s PhD program inaccounting. In July 2008, Susan was appointed the first woman President ofEastern Michigan University (EMU). She joined EMU after serving for twoyears as provost and vice-chancellor at the University of Michigan-Dearborn.She also enjoyed an 18-year career at Grand Valley State University where sheserved as executive associate vice-president in the Office of the Provost.Susan has been very active in both state and federal government. Forsix consecutive terms from 1989-2011, she has been chair of the Stateof Michigan Hospital Finance Authority. She served as the ex-officiorepresentative of Governor Jennifer Granholm on the Temporary OversightCommittee for the Detroit Medical Center in 2003-2004, as Michigan’sCommissioner of Revenue from 1985-1988, and she also served as DeputyState Treasurer for Local Government from 1981-1984. At the federallevel, Susan was appointed to the Internal Revenue Service CommissionersAdvisory Council from 2002-2004 and the Electronic Tax AdministrationAdvisory Council from 1998-2000.In announcing this award, we are pleased to recognize Susan’s untiringefforts in both academia and government —she has certainly made adifference in her professional career!