Fall 2006 Newsletter (PDF) - Department of Accounting

The Eli Broad College of Business

DEpartmEnt of aCCounting anD information SyStEmS

michigan State university

a l e g a c y o f e x c e l l e n c e

f a l l 2 0 0 6 n e w s l e t t e r

I n t h I s I s s u e

a tribute to al and DeweyStudent awards and accomplishments

faculty awards and achievementsSignificant Donors

Greetings:

as many of you are aware, the chairperson of our department and the russell E. palmer En-dowed professor, tom Linsmeier, left this past summer to become a member of the financial ac-counting Standards Board. His term on the faSB was effective July 1, 2006 and runs through June 30, 2011. tom made many contributions to our department during his seven years on our faculty. He taught intermediate financial accounting, financial Statement analysis, and some phD seminars. one of tom’s most notable accomplishments as our chairperson was the creation of the E&y Communication Center. under his guidance the Center has become an important asset utilized regularly by our mS accounting students to improve their oral and written com-munication skills. tom’s vision, strong leadership, and passion for accounting will be missed by faculty, staff, and students at The Eli Broad College of Business. fortunately, tom’s blood ap-pears to run a bit green so he will be a Spartan for many years to come! His son, peter, gradu-ated this past spring from mSu, and his daughter, rachel, is currently a freshman at mSu. tom has also generously agreed to continue to contribute to our mission by returning to campus to meet and talk with students and faculty about the activities at the faSB. The Department ex-tends their very best wishes to tom and his wife, fran, as they embark on this new adventure. Congratulations tom!

upon tom’s departure, i became the acting Chairperson of our Department. We will be search-ing this year for a more permanent replacement. But as you will see on the following pages, we have a talented faculty, a very supportive and capable staff, and hardworking students, so my job as acting Chairperson should be a pleasure.

al arens and Dewey Ward are featured on the cover of our newsletter to honor their official re-tirement from the university this spring. imagining the Broad School without the two of them is a difficult concept for many of us to accept. i recall when i was an undergraduate accounting major at mSu in 1980. i had registered for auditing (in the pit!) and thought that the class was to be taught by al. i was thrilled because of his outstanding reputation among students. a day or two before classes started i was disappointed to learn that there had been a schedule change and Dewey would be teaching the class. Well, after the first day of class i realized that whether i had Dewey or al, the class would be an excellent one. While taking the class and observing Dewey’s passion for his job, i decided that someday i would become an accounting professor just like him. for this, i will always be grateful. i imagine that most of you reading this letter also are grateful to Dewey or al and learned a great deal from them. Their physical presence will be missed but their “Legacy of Excellence” will live on!

i hope you enjoy the newsletter. if you have any concerns or issues that you would like to share with me, you can contact me at [email protected].

Best regards,

Kathy petroniDeloitte/michael Licata professor of accounting


Broad School Department of accounting and information Systems

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Department Chairperson:Kathy petroni

Newletter Editors:Bruce Bettinghaus

Lynne Zelenski

Department Office:n270 Business College Complex

East Lansing, mi 48824(517) 355-7486

www.bus.msu.edu/acc

Al’s retirement from the Broad School will bring a major change in his life and for MSU. Arens joined the Spartan faculty in 1968, coming from the University of Minnesota and earlier from the Minnesotan-country farm-lands. There was a Garrison Keillor-esqueness about him before any of us knew about Lake Wobegon. This year is Al’s 39th year of service to Michi-gan State—a truly distinguished career that has impacted the accounting profession world wide.

is used in an amazing array of situations. al and Dewey expect to continue work on these for years to come.

al has also been active in the academic ac-counting profession, particularly in his dedica-tion to the american accounting association (aaa). He has served on countless commit-tees and task forces and in many national of-fices—being particularly influential in the creation of the audit Section. He ultimately rose to be president of the aaa in 1990–1991. He is the fourth Broad School faculty member to serve as aaa president, after Charlie gaa, Herb miller, and Don Edwards.

al has been a leader on campus, across the aca-demic accounting field, and within the practic-ing audit profession. al has taught and preached accounting—mainly auditing—for his entire career here. Early in his time at mSu, al was selected as one of five national auditing educa-tors to become the first of the price Waterhouse auditing professors. This was michigan State’s first named accounting professorship and a true honor for him and us.

He is perhaps best known for his leading-edge auditing text book, introduced in 1976 and now in its 11th edition—Auditing: An Integrated Approach. There are international, Canadian (English and french), australian, Spanish, southeast asian, indonesian, russian, and probably even more editions in its over 30 years of existence. Hundreds of thousands of auditors were introduced to their profession from al’s ideas, explanations, examples, and insights. it is the most widely-used auditing text in the world. in a very pragmatic mode, he and his close colleague Dewey Ward have con-tributed significantly to students’ knowledge of basic accounting systems through their Sys-tems Understanding Aid and its various ver-sions and software adaptations. Different users view this work as an auditing tool, a financial accounting practice set, a basic systems exer-cise, and a learning assessment mechanism. it

aLvin a. arEnS pricewaterhouseCoopers professor of accounting, 1968–2006Department of accounting and information Systems



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professionally, al has put into practice his aca-demic theories and views and has been active on many fronts, including:

• years of teaching in new and experienced auditor training programs for many mid-sized and national Cpa firms;

• service to the michigan association of Cpas in continuing education and com-mittee activities;

• appointments to american institute of Cpas committees, included membership on its very prestigious and professionally impor-tant auditing Standards Board;

• member of the Committee of Sponsoring organizations of the treadway Commis-sion;

• member of the national association of State Boards of accountancy; and

• many, many other groups, firms, and con-ferences.

He received outstanding educator awards from the maCpa, the aiCpa, the auditing Sec-tion of the aaa, the national Beta alpha psi, and the Department, College, and university here, including mSu’s Distinguished faculty award in 1993.

His work has extended beyond our borders to curriculum work in the united arab Emirates and the philippines, speaking engagements in many countries, serving as the aaa Distin-guished international visiting Lecturer speak-ing across the people’s republic of China and other southeast asian countries.

on campus, al taught thousands of account-ing majors their auditing principles. al and Dewey gave us the most incredible auditing

teaching tag-team for nearly 30 years. He also was a tv star in the financial principles course and did live large lectures. He served his fel-low faculty as department chair on two occa-sions. recently, he has given strong leadership to the mS degree program, as mSu responded to the 150–hour Cpa requirements. He devel-oped and then taught the Careers in account-ing course. He has put his imprint on many curriculum and oversight committees in the Broad School and the department—far too many to even begin to describe.

al has over the years been extremely ac-tive in the liaisons between our campus and the business community—most directly with the Cpa profession. His major concerns were getting intern-ships and jobs for our students, re-cruiting more of the best students to accounting courses and careers, and assuring ourselves that the products of our programs were equipped for successful careers. He has played a very important role on the depart-ment’s fund raising activities.

always at his side is his wife, irene. The two of them have been at the center of the department’s social fabric. they have en-joyed travel together, particu-larly to irene’s family base of norway. They have been tre-mendously generous in their gifts to the university and to the department. Their northern michigan re-treat has given them and their families much en-joyment. and, it gives al access to even more golf

courses. al seems to have given his well-worn squash racquet some rest as he attempts to per-fect his putting. irene continues her interests in painting and the arts. We are anticipating many years of al’s presence—sometimes still directly involved and sometimes just from the sidelines. Thanks for your years of excellence.

Feel free to e-mail Al at [email protected] if you would like to make some comments. He will be happy to hear from you.

aLvin a. arEnS pricewaterhouseCoopers professor of accounting, 1968–2006Department of accounting and information Systems

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Sometime in the ’80s, a few guys went to an away football game

and some basketball playoff games. Had lots of fun, but wives felt

left out. So, a new tradition started—a camper trip to an away

football game. With 12 to 18 people in a large rented van, we

cruise across the Midwest. In the 20-some years since, we have

covered every Big 10 school (except Michigan—there’s noth-

ing to see there) plus a few others like Pitt and Notre Dame. Be-

yond campuses, we’ve seen the James Dean Museum; Johnny

Appleseed’s gravesite; Dan Quayle Museum; Galena’s Ulysses S.

Grant’s home; Wilmette’s Bahai Temple; Herbert Hoover’s birth-

place; Kewanee, the Pig Capital of the World; Niagara Falls with

snow; Rockford’s Time Museum; Chanute Air Force Base after it

closed; Wrigley Field; site of Bill Mazeroski’s walk-off home run

at Forbes Field; Tippecanoe Battlefield; Gizzard City; the Due-

senberg Museum; Ronald Reagan’s birthplace; the real Field of

Dreams; the bridges of Madison County; a DC 3 half buried in a

corn field; Old Ben—world’s largest preserved steer; the Ruther-

ford B. Hayes library; and the “Breaking Away” movie’s limestone

quarry. Also, getting students to buy us beer in the U of Wiscon-

sin Union; line dancing in Oolitic, the Limestone Capital of the

World; houseboating on Lake Monroe, and many more “major”

life events! This is what memories are made of!

Oh, there were other special events like: The Kentucky Derby

where we all became Kentucky Colonels. Colonel Al, Colonel

Irene, Colonel Dewey, and Colonel Phyllis are taking on that dis-

tinguished retired-British officer look! Yes, the same group did

the Indianapolis 500, tent camping on the way. On a trip to the

NCAA Regional in Kansas City, the clock stopped (actually, just

didn’t start) allowing Larry Brown and U of Kansas to catch up and

left Jud crying in his coffee. Gee, almost forgot the smelt-dipping

trips—cold, not many smelt. Many American Accounting Associ-

ation meetings and side trips involved faculty “companionship,”

particularly the one in Nashville when Al was President.

Yes, great memories, including more that I, unfortunately, have

forgotten. These memories compose what I think being col-

leagues really means.

Being a colleague is More than Just working together

by Harold Sollenberger

I remember interviewing Al Arens on his initial visit to Michigan

State University. It would be unrealistic to have thought then that

we would be colleagues for nearly 40 years.

Early in our careers as assistant professors trying to achieve ten-

ure, we actually did some writing together. You know—cooperate

and graduate! But, our teaching, research, writing, and even pro-

fessional interests were very different. Being friends, on the same

faculty, and seeing each other almost daily still did not necessarily

mean that we would be close friends. One the earliest “bonding”

events for Al and I was “borrowing” university manure for our gar-

dens—enough on that.

I also remember recruiting Dewey Ward to MSU while I was de-

partment chair. Dewey was from Texas but had a wife from

northern Indiana. We needed another auditor. After two offers,

common sense hit Dewey; and he and Phyllis came to MSU where

he belonged.

Dewey and Al, while very different, became our Bobbsey Twins

of auditing.

Over the years, we formed groups to do fun things—some turned

into traditions that just won’t stop—we hope. In the late ‘70s, Al

started a poker group—faculty, some spouses, and some other

friends (yes, some of us had “other” friends). This was while I

was chair; I often played poorly and lost—allowing “my” faculty

friends to take money from the chair, boosting their morale.

In the late ‘70s, three of us purchased homes on the Red Cedar

River—Gil Harrell in marketing, Al, and myself. We decided to

canoe to a football game. Start at Sollenbergers, canoe to Arens,

then to Harrells, and on to Erickson Hall on campus. Well, over the

years, additional people have come and gone (Linsmeiers lived

on the river, but Tom’s now on the FASB); we’ve had only 3 true

tip-overs (ask Dewey about one); the trip is shorter today; but we

still have great fun.



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Dewey and Al, while very different, became our Bobbsey Twins of auditing.

common denominator. The results of Dewey’s and the committees’ work were rewarded with the highly prestigious Innovation in Account-ing Education Award from the american ac-counting association.

Dewey has been involved in the audit Section of the american accounting association from its start. He has chaired numerous committees and then served as chairperson of this major section of the aaa in 1986–1987. you know you have arrived as a patriarch when you are elected as Historian of your favorite organiza-tion! He has also led the aaa’s midwest re-gion. He served many years on various other aaa committees, including the Council and nominating Committee. He has been on nu-merous accounting education-related editorial boards for many years.

Dewey has also had a close working relation-ship with the institute of internal auditors. He served on a number of research-related commit-tees side-by-side with internal audit profession-als. only a few academics are felt to be “worthy” to help direct work within this group.

There is something symbolic about the awards Dewey has won nationally and locally. With-in the Broad School, a new award was created in the early ‘90s to recognize experienced and truly accomplished teachers. This was more than “just” a teaching award; it represented a “compleat” professor award. Dewey was se-lected as a co-winner of the first John D. and Dortha J. Withrow Endowed teacher/Scholar awards. in addition, he has won the Salmon-son and Beta alpha psi teaching awards within the Department. Business Week, in its business school mBa-ranking editions, highlights a few key faculty at each of its ranked schools. Dewey was listed as one of these at The Broad School, even though he spent most of his teaching time with our Ba and mS students. Word does get around!

He built a reputation as the consummate educator. nationally, Dewey spent a huge amount of time working with other auditing professors on developing audit case materi-als and teaching tools to be made available to other professors. He led teams that re-ceived three Coopers & Lybrand Excellence in Audit Education Grants. Dewey was the



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D. DEWEy WarD professor of accounting, 1978–2006Department of accounting and information Systems, michigan State university

The Broad School is losing a superior professor, a caring person, and a

transplanted Texan who has kept most of his Texan humility and gra-

ciousness with the retirement of Dewey Ward. He is best known by his

students as a thoroughly proficient and entertaining instructor, who is

truly dedicated to their development—personally and professionally. Al

Arens and Dewey gave us the most extraordinary audit teaching team for

nearly 30 years. To most of us in the department, we just accepted them as

a given, a normal state of affairs. But, to have observed Dewey in action

is to now realize how much of himself he gave to each and every classroom

meeting and to each group of students.

on campus, Dewey has done admirable duty! for years (not counting), Dewey was the Beta alpha psi faculty advisor. to be the ideal ad-visor requires giving some direction, keeping your hands off as much as possible, and being almost invisible. Dewey let the students do their thing. and, they did it well. one major and ongoing event, meet the firms night, is completely student run and managed by Beta alpha psi.

Dewey’s interest in auditing research extended to working with doctoral students. He chaired four dissertations, serving on many others. He has influenced the development of new lead-ing auditing professors, now at other schools. He has written often with these same former students, now colleagues elsewhere. He also served as Director of our doctoral program, recruiting new doctoral students and teaching a doctoral research course.

now, let’s continue with his writing and the de-velopment of teaching resources. Dewey has had a long-term interest in case materials for audit-ing, starting with the apple Blossom Cologne Company back in texas. at the Broad School he quickly teamed with al arens to develop what is now known as the Systems Understanding Aid (Sua). it has seen many versions, editions, and software updates. But, the underlying truth is that this rath-er simple concept has had probably

been critical, not just “recently” added! His expectations of student performance have al-ways been rigorous. oh, he also did a stint as large-lecture performer in aCC 201 for sev-eral years. Then, back to auditing. from his first audit students here in 1978 to his last in the Spring of 2006, every student has seen the passion this man has for his profession and the commitment he has for his students.

phyllis, Dewey’s life partner, continues her work as the manager of armond Dalton pub-lishers. Dewey and phyllis have seen their two children grow, go to college, marry, and now follow their parents into education careers—plus produce a bunch of grand kids. They con-tinue to enjoy their enclave “up north.” and, they have now added an estate in florida. We expect them to be here for the annual canoe and away-game trips. all continues to be well in the Ward household.

Feel free to e-mail Dewey at [email protected] if you would like to make some comments. He will be happy to hear from you.

more impact on accounting student learning across the country than any other single tool. it comes in manual and computer-based ver-sions. as mentioned in al’s article, it is used in amazingly diverse settings: an auditing con-cepts tool, a financial accounting practice set, a basic data-flow/systems exercise, and a learn-ing assessment mechanism. our department used the Sua to help assess our students’ ac-counting comprehension level during our re-cent accreditation examination. al and Dewey expect to continue work on these in the years ahead. Dewey has also published over a dozen articles, mainly resulting from the many dis-cussions he has had with doctoral students.

Dewey’s teaching has been primarily Auditing. yep, that’s the name of the course and no mis-taking its content! oh, there is the graduate version—Advanced Auditing! over the years, it has had different numbers, had other names, had other versions, but is fundamentally au-diting. His courses have fortunately not paral-leled the ups and downs of the marketplace of audits. it is hard-core and a constant base of quality content, relevant extensions, and pro-fessional behavior norms. Ethics have always



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accounting student speaks at undergraduate graduation ceremony

This spring at the Broad School Undergraduate Commencement ceremonies, Adanma Chinemerem Okoro, one of

our MS students, was chosen to be the student commencement speaker. Adanma was selected from amongst 10

other applicants. As part of the selection process, students were asked to submit their resume and a statement of

interest describing why he or she would like to be the student speaker at graduation. Applicants were then inter-

viewed by a selection committee and Adanma rose to the top. In her speech, Adanma asked the graduates to con-

sider how they measure their own success. We encourage you to read her speech, it can be found at http://www.

bus.msu.edu/information/news_archive/05.12.2006.html. congratulations adanma on this great honor!

Cass “guts” a house damaged by Katrina



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tor had not been opened, and as we were haul-ing it out, it sprang open and six-month-old food and water poured out. We found soggy photo albums on the top shelves in closets and rusted jewelry strewn around the bedroom. our group of 24 completely gutted this house in two days. The family that owned the house was there helping, and at the end they hugged us all and cried; everyone was teary-eyed. The next few days of work went on just like this; a different house and a different family.

We left this trip knowing that we had accom-plished our objective and that it was a success, but were saddened and greatly affected by the fact that we were only able to help three fami-lies. it feels good to know that we have made a difference in a few peoples’ lives, but there are thousands more that need help. We hope that by telling our story we might encourage others to get involved.

When i was a sophomore at mSu, i first went on alternative Spring Break (aSB) through the Service Learning Center. We traveled to Soddy Daisy, tennessee and built trails for the Cumberland trails association. my senior year i decided i wanted to go on a volunteer spring break again, but i wanted it to be more

“meaningful.” When i found out about the gulf Coast Hurricane relief aSB trip, i knew that it would be a perfect match. When i went to sign up they asked me if i wanted to be the site leader and i said “yes.”

my co-site leader and i started planning in early november. We spent hours on Saturdays in coffee shops planning the trip. in the weeks before the trip it started to feel like a full time job, but with a lot of work and organization, it all came together.

We worked and stayed with the Louisiana united methodist Storm recovery Center. on our first work morning, the volunteer co-

ordinators gave us an address and pointed us in the direction of the tool shed and told us to “gut the house.” They weren’t able to send anyone to show us what to do because there was just so much to do and so few people to do it. as we were driving through the neigh-borhoods to get to our assignment, we were shocked by what we saw. Six months after the hurricane and floods, the electricity was still out and the streets were completely dead.

as we entered the house, we were disgusted. nothing had been touched for six months. The water had been up to the ceiling and the walls were black with mold. We start-ed throwing the remnants of the house into the street where piles of debris were often six feet high all up and down the streets. There were rats living in a laundry hamper full of soggy clothes. Everything had been floating and dressers ended up underneath beds, and kitchen appliances were dislocated and ended up in bedrooms and bathrooms. The refrigera-

accounting Student, Cass Hausserman,

Gives Back to the CommunityCass Hausserman is a student in the Master of Science in Accounting pro-

gram. She has been active in a variety of student organizations, was a student

assistant for Accounting 250, and currently serves as the Corporate Treasurer

for the MSU Student Housing cooperative. This past spring break, Cass trav-

eled with a group of MSU students to New Orleans on Alternative Spring

Break. Below is her account of the experience.

Cass “guts” a house damaged by Katrina



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Broad wins trip to nationals in pwc xtax

On November 9, 2005, nine teams of Broad

School students, 45 in all, gathered at the

James B. Henry Center for Executive De-

velopment to advise the government of

the fictional country of Vastaria on struc-

turing its tax laws to encourage economic

growth as part of the PricewaterhouseC-

oopers (PwC) sponsored xTAX competi-

tion. The students had only two weeks to

work on the case and develop a polished

and professional presentation of their ad-

vice. Each team had the assistance of a PwC

mentor and Professors Ed Outslay and Dick

Weber. The top team, comprised of Jeffrey

Vander Boon, Katherine Koivisto, Michael

Scott, Nathan Vejcik and Roger Rice, aka

The James Brown Tax Machine, was then

entered into the next stage of the competi-

tion. Based on videos of the various coun-

try-wide campus competitions, the Broad

team was one of only five teams selected to

advance to the national level competition,

which was held in Washington D.C. in Janu-

ary. The five national teams all made pre-

sentations before a group of PwC partners.

This was an experience they all enjoyed.

The competition was enriching for all the

students involved and helped them im-

prove their teamwork and presentation

skills. The support and effort put in by PwC

in running the competition was a key to the

success of this experience. The returning

students and advisers are looking forward

to repeating this success in 2006.

another successful Deloitte case competition

fall 2005 was another successful year for the Deloitte Student Case Competition. forty-two students in seven teams participated. Each team had the assistance of one of seven students that were veterans of the prior year’s competition. Each team also included a Broad School faculty advisor and a Deloitte advisor. The students were asked to research complex, current financial reporting issues and prepare presentations of their solutions. a team of Deloitte professionals and professor Joe anthony served as both critical ques-tioners and judges for the competition. The 2005 winning team included Meghan Depp, Alison Hull, Ha Na Jung, Nicole Korinek, Erin Reicher and Anthony Vul-taggio. The team was ably coached by professor Ed outslay, Student advisor april Thaxter and Deloitte advisor raelynn Barc. Congratulations are also extended to all participants. Each team demonstrated outstanding academic skills, and poise in their presentations. many thanks to Deloitte for sponsoring another successful competition!

2006-0� aIcpa/accountemps scholarship winner

Christine Hoppesch is a recipient of the 2006-07 aiCpa/accountemps Student Scholarship. Christine was one of five recipients from schools across the nation to receive $2,500 to support their education.

Christine graduated with a Ba in accounting from the Broad School this past may with a cumulative gpa of 4.0 and is

currently working toward her masters of Science in accounting with a specialization in tax. Christine interned at plante & moran in the summer of 2005 and at pricewa-terhouseCoopers this past summer. She is in the process of taking the Cpa exam and is looking forward to starting her career in public accounting in the summer of 2007. Congratulations Christine on this prestigious award!

seven Broad students win Michigan accountancy foundation award

once again, Broad School accounting students have been successful in earning the michigan accountancy foundation’s fifth/graduate year Student Scholarship awards. We take great pride in these seven outstanding students. This particular schol-arship is provided through the generos-

ity of michigan Cpas and provides up to $4,000 to each student to help complete their final year of education. In the picture are this year’s award winners (left to right): Tyler Hitson, Mike Vehlewald, Christen Page, Jamie Roberts, and Christine Hoppesch. Not pictured are Daniel Lynch and Ashley Pruitt. They competed against other scholarship applicants from twenty-two accredited michi-gan universities and were selected because of their high academic and outstanding civic achievements. most amazing was the fact that Broad School students received more awards than any other school. Thank you Cpas of michigan for honoring our students!

FSA Student Achievement Award Jill maxey

Daniel Collins Accounting Research Award Jennifer Szott, Cristina Wuerth

Accounting Club Outstanding Member of the Year maria goodfellow

Beta Alpha Psi Outstanding Member of the Year Jillian perlin

National Association of Black Accountants Outstanding Member of the Year monte Cooper

Financial Executives International Award marie Wells

Becker Conviser Christine Hoppesch, Christen page

BDO Seidman LLP nikolina Dimovski, Christa Landowski, Stacy Lomonaco, Brittney novak, anthony pero, aimee Schauer

D. Jean Sanders Beck teresa DeLisle, Lindsey morehouse, Kelly Wilson

William and Carol Brink Jessica Bodis, rebecca Bohn, Brent Coles, Danielle Diliberti, mary Evans, megan flori, Sarah Harla, Cass Hausserman, Lei Jin, Hana Jung, yekaterina Kasmynina, nicole Kessinger, Kasey marshall, Emily ogden, Julie opaleski, pei-yun peng, melissa pennington, Kathryn Quick, richard Sellers, yuanjing Xu, Lan yao

Arthur H. Carter michael Banish, Christopher Baum, Daniel Bettes, ian Burt, alan Chambers, rick Chasney, ryan Coe, William Cook, andrew Corsi, ryan Darichuk, Lloyd Eberhart, Jonathan Elson, peter gray, robert Howley, James idziak, andrew Kramer, Joseph Krystyniak, nicholas Lang, Joseph Leibold, ya Lu, Stuart machisak, matthew mcCloskey, Darren mcKnight, Christopher michner, michael nitz, Joseph porenta, robert Schlaud, Bryan Schulmeister, Kevin Schulmeister, yaman Subei, Chuan tian, David treado, Jeffrey triick, Eric vanderveen, michael vehlewald, anthony vultaggio, todd Westenbroek

Daniel J. and Bette H. Church Laya adibsereshki, amy andrews, Christine Cervenak, Seth Connors, ryan gray, alison Hull, Karl Keck, nicole mcDonald, John robinson, Christopher rose, Kylie verhelle, Sonal Wagh

William C. and Delrose Marlene Martino tiffany Davis, Jennifer matera, Hsuan yi Wang

James E. McCartney Brett Dense, nicole Korinek, matthew pruente, Jenna Zerwas

Richard and Barbara McWhirter Lauren mavis, Colin taggart

Plante & Moran LLP Steven Doil, Justin Bowman, Jessica Hagan, matthew richard, Katherine Koivisto, Datus tomasovich

PricewaterhouseCoopers LLP Jerran Devers, matthew Doyle, Christine Hoppesch, Jamie roberts, Hsueh-tzu yang

Glenn and Susan Schafer Jamie Charron, Jillian perlin, Jennifer Bakker, Lisa Hopcian

Frank N. Sidoti rachel ainslie, Jessica Bailey, richard Barry, fuk Hung Choi, neeti Chokshi, ilya gekhman, Kimberly Hanley, Brad Klein, Katherine Lanspeary, Hyunwoo Lim, Kevin matula, pei-yun peng, maureen Scarff, Stephen Shonce, megan Swank, Elizabeth vernon, ChuQiao Zeng

Constance Richard Smith Christen Berndt, ryan Dubuc, anna fisher, Carolyn Hartman, Brian mcandrew, Lindsay rodin, amanda Shatzman

Cecil R. and Beatrice M. Upham marcus Belanger, tyler Hitson, garret mausolf

Roger E. and Laura Hamill Wilkinson megan messana, Jennifer Stewart, Sze-Kar Wong

Crowe Chizek Joseph green, michelle Krause, Steven meyer, Jin Hyu Shin

Daniel Collins Jennifer Szott, Cristina Wuerth

Deloitte & Touche LLP akuada okpala, ashley pruitt, troy teschke, megan tomkovich

Department of Accounting & Information Systems andrea Dery, Josh Engelkemier, natalie Hughes, Jenna Lemke, Kara omell, Daniel perl, nicole Williams

Doeren Mayhew Jeffrey garavalia, Christopher mcDoniel

Ernst & Young LLP aaron Jenkins, adanma okoro, madiha rizwan, mark Willoughby

Scott and Patricia Eston Wei Cao, Cymbre Jaskot, ning Li, Brian neale, Stephen rose, Hye-Jeong tarkowski, Channa Zhang

Grant Thornton abigail Caskey, tong Chen, David fiebig, michele Hedrich, amy Heist, Jacob Sutter, Brandon Warman, Brian Waters

Gardner M. and Pauline A. Jones Lisa gerback, Lucie richards

Marlys and Jack Gray Dimitris vrettos

KPMG LLP Laura Cole, nathan ferguson, Christen page, Jeffrey vander Boon



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StuDEnt aWarDS

2006 DEpartmEnt SCHoLarSHip/fELLoWSHip WinnErS



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Ms in accounting orientation

This fall, the MS in Accounting program instituted a new, man-

datory orientation program for all 152 new MS students. At the

program, students were introduced to the structure and expec-

tations of graduate school, were provided with information and

advice regarding the CPA exam, were introduced to the Broad

Coaches program, and learned about the services provided by

the E&Y Business Communication Center. A professional team-

building workshop gave students the opportunity to meet and

interact with each other. After lunch, students attended breakout

sessions for their academic specialty options. The breakout ses-

sions were led by faculty in each area, and provided students with

the opportunity to learn more about the courses and professional

development opportunities in each specialty option. The event

was well received and plans are underway for next year’s event.

If you have ideas or comments please share them with Shannon

Mulally, the MS program director, [email protected].

Maintaining aacsB accreditation

During Spring Semester 2006, a team visited the department

from the Association to Advance Collegiate Schools of Business

(AACSB) to complete a detailed review of the department’s ac-

counting programs. The team recommended extension of the

department’s prestigious AACSB Accounting Accreditation.

The AACSB team recommended a six-year extension of accredi-

tation. In their report, the team cited the department as having

“a well-documented strategic plan and processes to execute it.”

The review team acknowledged the high quality of our students

and noted that student satisfaction is high in both the BA and

MS programs. In addition, the team recognized the quality of the

accounting curriculum particularly mentioning the integration of

the elements of corporate governance across courses and the

strength in business communications. Finally, the team recog-

nized the overall quality of the faculty citing both excellence in

research and instructional effectiveness.

The team also provided consultative advice regarding issues that

the department should consider. These issues included review-

ing 1) the doctoral program with the objective of making it reflect

the strength of the tenured faculty and 2) the ability of our MS

program to build broader business knowledge in our students.

The department recently considered these issues at the Fall Fac-

ulty retreat.

The department thanks the AACSB team, Jamie Pratt, KPMG Pro-

fessor of Accounting at the Kelley School of Business, Indiana Uni-

versity and Richard Dietrich, chair, Department of Accounting at

the Fisher College of Business, Ohio State University, for their ef-

forts in preparing an outstanding review report.

MS students visit with each

other over lunch

MS students

Brian Neale and

Marie Wells discuss

the proposed Honor

Code with new

MS students

The External advisory Board provides invalu-able guidance, feedback and advice to the de-partment. The board meets both in the fall and spring of each year and once again, mem-bers were kept busy with a full agenda. Board members consistently report that the activity they enjoy and value most in the meetings, is having the opportunity to interact with cur-rent students. as the meetings are planned each year, student interaction is built into the agenda. This past fall, board members met

with students to discuss their experiences pre-paring for and taking the Cpa exam. in the spring, the Board met with students in the in-formation Systems option in the mS program. board members say that understanding stu-dent thoughts and experiences are critical to the advice and guidance they give.

Besides meeting with students, the department solicited feedback from the board on a variety of other topics as well. Board members had din-ner with the faculty and discussed the over-

EXtErnaL aDviSory BoarD

thomas J. linsmeier is appointed to the fasB

The Department is proud to announce that Tom Linsmeier,

the former Russell W. Palmer Endowed Professor of Ac-

counting and chair of the Department has been appointed

by the Financial Accounting Foundation (FAF) to a five-year

term as a member of the Financial Accounting Standards

Board (FASB). The FAF is responsible for the oversight, ad-

ministration, and finances of both the Financial Accounting

Standards Board (FASB) and its counterpart for state and local government, the

Governmental Accounting Standards Board (GASB). The FASB is the designated

organization in the private sector responsible for establishing U.S. standards for

financial accounting and reporting.

“Thomas Linsmeier, one of the nation’s most respected accounting academ-

ics, will bring a valuable perspective to the work of the FASB,” said Robert E.

Denham, Chairman of the Financial Accounting Foundation Trustees. “I am

confident that Tom’s knowledge and experience will help advance the Board’s

mission to establish and improve financial accounting and reporting standards

that enhance investor confidence and the efficiency of capital markets.”

Tom received his MBA and Ph.D. degrees with majors in accounting from the

University of Wisconsin- Madison; his BBA degree in accounting is from the Uni-

versity of Wisconsin-Milwaukee. He began his academic accounting career in

1985 at the University of Iowa. In 1994, he became an Academic Fellow in the

Office of the Chief Accountant of the U.S. Securities and Exchange Commission

(SEC). He also served as a Special Consultant to the SEC with responsibility for

formulating U.S. disclosure rules for reporting market risks inherent in deriva-

tives and other financial instruments. Subsequent to his time at the SEC, he held

professorial and research positions with the University of Illinois and Queen’s

University in Canada, respectively. He had been a member of the accounting

faculty at Michigan State University since 1999.

all preparation of graduates for the workforce, reviewed and provided feedback to accredita-tion plans and documents, and reviewed and commented on the information technology curriculum. in addition, during the spring meeting, members had the special opportuni-ty to meet and have conversation with mSu’s new provost, Kim Wilcox. a full and produc-tive year!

The department would like to extend gratitude to board members completing their service this past year. a special thank you goes out to Donna Coallier, Kelly francis, and Bill Kinney for their commitment to the Broad School and invaluable input to the department.

Mike Agosta, ford motor Company

Paul Arment, gordon advisors, p.C.

Paul Balas, pricewaterhouseCoopers, LLp

Mark Beasley, north Carolina State university

Marty Clemens, Eli Lilly and Company

Jeffrey Dobbs, Kpmg, LLp

Denise Essenberg, pricewaterhouseCoopers, LLp

Vincent Foster, main Street mezzanine fund, Lp

Michael Herrinton, Ernst & young, LLp

Linda Hubbard, Carhartt, inc.

Kathy Jenkins, Jenkins magnus volk & Carroll pC

Matthew McColl, Ernst and young, LLp

Teri Myers, mtS Health partners, L.p.

Lawrence Oberst, BDo Seidman, LLp

Chris Sugden, Edison venture fund

Steve Terry, retired, michigan State university

Nancy Vella, Deloitte & touche, LLp

Brad Virkus, plante and moran, pLLC

Julie Wahrman, Deloitte & touche, LLp

David Winclechter, financial Consultant

Joel Wittenberg, Kellogg Company



1 2

2006-2007 External Advisory Board Members are:

grabski and speier take on new responsibilities

Severin Grabski, Associate Professor, has joined the office

of the Vice Provost for Libraries, Computing and Technol-

ogy (LCT) at MSU as Senior Advisor and Coordinator for

Instructional Technology and Faculty Development.

This role has a wide variety of responsibilities, but is par-

ticularly important to helping LCT understand instruc-

tional trends and faculty needs, and to be effective in

supporting faculty and students by being an advocate

for their interests. Sev’s responsibilities include repre-

sentation on LCT and MSU advisory committees, proj-

ect and applications/services workgroups, and external

national committees, and coordination of technology

classroom planning. He will also help LCT collaborate

with other related University offices and programs. Sev

will continue to teach in the Department of Accounting

and Information Systems.

Professor Cheri Speier is serving as Acting Associate

Dean of the Broad School MBA and MS programs dur-

ing the 2006-2007 academic year. The Broad School

has four MBA programs: the Full-Time MBA, Weekend

MBA, Executive MBA located in Troy, Michigan, and the

new Corporate MBA program. The Corporate MBA de-

gree program is a flexible MBA program that combines

web-based modules, intensive residency sessions, and

applied projects, and is delivered to working managers

employed by a single organization.

The Broad School is also home to three Master of Sci-

ence programs including the MS in Accounting, MS in

Supply Chain, and MS in Manufacturing and Engineer-

ing Management. Cheri has taught in both the MBA and

MS programs during her eight year tenure in the Broad

school, and is excited about playing a different role in

helping to continue our tradition of excellence.

For many single parents, who are struggling to make ends meet, the dream of a college edu-cation seems out of reach. But thanks to the compas-sion and generosity of alvin and irene arens, 13 single parents will be offered the chance to literally change their lives through higher education. focused on creating educational opportu-nity for professional careers in business, education or nursing, the arens Scholarships will provide annual, renewable gifts of $10,000 in the freshman, sophomore, junior and senior year for each of the students (and a fifth year for the Education program). four awards are designated for the Eli Broad College of Busi-ness, four in nursing, and five in Education, providing a gift of $1,150,000 for the three schools through the cash awards, com-bined with an estate gift.

Students must meet the admissions requirements in each of the colleges, requiring rigorous academic scholarship capability, but the arens are much more focused on need. “What is critical to us is that the students are able to complete their degrees, enter a profession and overcome the negative economic cycle that they faced be-fore this assistance,” says Arens. “Breaking the cycle of generational poverty is made possible when people have prac-tical skill sets that allow them to enter the professional work force—and that is what we want to do through these awards.”

The couple has generously funded other university projects in-cluding the Kresge art museum, WKar radio, mSu Safe place, a faculty folk Endowment and has provided ongoing support to accounting and information Systems in the Broad School. They are members of the mSu Kedzie Society.

arens Scholarship to finance Educational opportunity for Single parents

Irene and Al Arens



1 �

Scott BronsonScott Bronson joined the faculty this fall as an assistant professor. Scott earned his ph.D. from The university of tennessee earlier this year, and his primary teaching and research interests are in auditing. He is currently teaching the undergraduate auditing course. Scott has a number of research projects underway and his paper titled “firm

Characteristics and voluntary management reports on internal Control” will be published this fall in Auditing: A Journal of Practice and Theory.

Chris HoganChris Hogan joined the faculty this year as an associ-ate professor. Chris received her ph.D. from The ohio State university, and taught at vanderbilt university and Southern methodist university prior to joining the Broad School. Her primary teaching and research interests are in auditing, and she’ll be teaching the graduate-level au-

diting course this spring. Chris has served on several american accounting association (aaa) committees and the auditing Section of the aaa. She’s published research articles in journals including The Accounting Review, Con-temporary Accounting Research, Journal of Accounting and Economics and Audit-ing: A Journal of Practice and Theory.

Shannon MulallyShannon mulally joined the department last fall as the new Director of the mS in accounting program. Shannon has an ma in Educational Counseling and a Ba in interna-tional relations from northern michigan university. She previously worked in admissions for northern michigan university. She serves on several state and national admis-

sions-related organizations and presents at state conferences. Shannon is very ex-cited to work with the faculty, staff, and students of the mS program.

Fred Rodammerfred rodammer joined the department this fall as a pro-fessor of practice. He teaches itm 309 and serves as Director of the Center for Leadership of the Digital Enter-prise and Director of the iBm on-Demand Supply Chain Laboratory. He received his ph.D. in Systems Engineer-ing from the university of virginia and worked in indus-

try for over twenty years prior to joining the Broad School in 2004. fred served as a global Supply Chain Director for a $1B business within Dow Chemical, and as the global Supply Chain and eBusiness Director for Dupont Dow Elas-tomers. He led development and implementation of global supply chain, logis-tics and eBusiness strategies and championed supply chain Six Sigma efforts.

Karen SedatoleKaren Sedatole joined the faculty this year as an associate professor. Karen received her ph.D. from The university of michigan and taught at The university of texas at aus-tin prior to joining the Broad School. Her primary teach-ing and research interests are in managerial accounting. She’ll be teaching the mBa managerial accounting core

course this spring. Karen is co-director of the aaa management accounting Section Doctoral Consortium, and has published research articles in journals including The Accounting Review, Contemporary Accounting Research, and Ac-counting, Organizations & Society.

faculty research and recognitions

Susan HakaSusan Haka, Ernst and young professor of accounting, received the michigan State university Distinguished faculty award at the university convocation ceremony on february 9th. She was one of 10 finalists and was se-lected based on her teaching skills, research activities and service to department and college. The nominators recog-

nized Sue for her research and scholarly activities, her exceptional instruction-al performance and her public outreach and service. She has over 20 years of teaching experience, and her research focuses on the role of accounting systems in business processes.

Ranjani KrishnanThe american accounting association has given the 2006 notable Contribution to accounting Literature award to ranjani Krishnan for her co-authored paper, “Honesty in managerial reporting,” published in The Accounting Review. The criteria for this prestigious award includes: uniqueness and potential magnitude of contribution to

accounting education, practice and/or future accounting research; breadth of potential interest; originality and innovative content; clarity and organization of exposition; and soundness and appropriateness of methodology. ranjani was also honored this year in the Broad School with the 2006 Withrow Endowed Emerging Scholar award. This award recognizes faculty members who, early in their careers, make substantial contributions to the college in teaching, re-search, and service.

Mike Shieldsmike Shields, Eli Broad professor of accounting, was re-cently selected to receive the 2006 institute of manage-ment accounting (ima) Lee Brummet award. The award recognizes the most distinguished teachers in manage-ment accounting based on a notable accounting teaching career, a record of scholarship in management account-

ing and service to the ima. mike’s teaching interests include managerial accounting, strategic management accounting, operational management ac-counting and management control systems; and his research uses theories and research methods in psychology to study budgeting, performance measurement, performance evaluation and incentives. He has published over 50 journal ar-ticles and is a past editor of the Journal of Management Accounting Research.

Isabel (Yanyan) Wangisabel (yanyan) Wang, assistant professor, is being hon-ored with two major awards for her manuscript, “under-standing private Earnings guidance and its implications for Disclosure” by the 2006 american accounting associ-ation (aaa) Competitive manuscript award and the Best Dissertation award from the financial accounting and

reporting Section (farS) of the aaa. These two awards are highly sought after national honors. it is unusual for one paper to win both tributes, way to go isabel! The aaa Competitive manuscript award encourages research among members of the association and associate members who have earned their phD within the past five years. The farS Best Dissertation award is given yearly to recognize the author of an outstanding financial accounting/reporting dis-sertation. The awards Committee considers the importance of the financial accounting/reporting issue, the quality of execution of the study and the con-tribution of the research.

new faculty and staff



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faculty publications

The 2005—2006 academic year saw the faculty of the Department of Accounting and Information Systems continue to make major contributions to the academic literature. A partial list of the research publications of the faculty follows.

Nancy Lankton“using paper-Based Scenarios to Examine percep-tions of interactive Health Communication Systems,” with r.D. St. Louis, Communications of the AIS.

Joan Luft“responsibility for Cost management Hinders Learn-ing to avoid the Winner’s Curse,” with r. Bloom-field, The Accounting Review.

Harrison McKnight“factors of information Credibility for an internet ad-vice Site,” with C. Kacmar, proceedings of the 39th Hawaii international Conference on System Science.

Ed Outslay“pro-Bono tax Services The role of tax academics and Students,” with C. Bauman, n. nichols, S. anderson, n. olson, m. pursley, and S. Sottile, Tax Adviser.

“u.S. tax aspects of Doing Business abroad,” (aiCpa 2005) with michael L. moore and gary a. mcgill.

Brian Pentland“organizational routines as a unit of analysis,” with martha feldman, industrial and Corpo-rate Change. “organizational routines and the macro-actor,” with martha feldman, In Actor-Network Theory and Organizing.

Kathy Petroni and Marilyn Johnson

“The influence of Corporate paCs on accounting Standard Setting: The Case of Stock option ac-counting reform,” with David farber, in Account-ing Horizons.

K. Ramesh“response to the faSB’s Exposure Draft on fair value measurements,” with Christine Botosan, Hol-lis ashbaugh, anne Beatty, paquita Davis-friday, Karen nelson, robert uhl, mohan venkatachalam, and george vrana, in Accounting Horizons.

Steve Dilley“Sale of a residence and Like-Kind Exchanges, part i” with Kenneth orbach, The tax adviser. “Sale of a residence and Like-Kind Exchanges, part ii” with Kenneth orbach, The tax adviser. “The Basis, at-risk, and passive activity rules and rapid Depre-ciation,” Tax Notes. “The potential tax Savings from Sec. 199 for Small Corporations and individu-als” testimony before irS hearing.

Steve Dilley and Fred Jacobs“The Qualified production activities Deduction: Some planning tools,” Tax Notes.

Severin Grabski“Syntactic and Semantic understanding of Con-ceptual Data models,” and g. gerard, Interna-tional Journal of Accounting Information Systems.

“Semantically modeled Enterprise Databases,” with C.L. Dunn, in Encyclopedia of Database Tech-nologies & Applications 2005.

Sue Haka“measurement of profit Center performance,” Black-well Encyclopedia of Management 2nd edition.

Fred Jacobs“personalized assignments in a Large Lecture intro-ductory accounting Class,” 2006 midwest aaa regional meeting program.

Ranjani Krishnan“Expense misreporting in nonprofit organizations,” with michelle yetman and robert yetman, The Ac-counting Review.

Ranjani Krishnan, Joan Luft and Mike Shields

“Effects of accounting-method Choices on Subjec-tive performance-measure Weighting: Experimen-tal Evidence on precision and Error Covariance,” The Accounting Review.



1 �

V. Sambamurthy“Emergent by Design: infosys technologies Limit-ed,” with r. garud and a. Kumaraswamy, Orga-nization Science. “The antecedents of Cio role Effectiveness in organizations: an Empirical Study in the Healthcare Sector,” with D. Smaltzand r. agarwal, in iEEE transactions on Engineering management. “Leadership in Software Develop-ment teams,” with S. faraj, in IEEE Transactions on Engineering Management. “Winning the 3-Legged race: When Business and technology run together,” with faisal Hoque, robert W. Zmud, tom trainer, and Carl Wilson, prentice Hall.

Mike Sheilds“reducing accounting fixation: Determinants of Cognitive adaptation to variation in account-ing method,” with Dearman, in Contemporary Ac-counting Research. “revenue Drivers: reviewing and Extending the accounting Literature,” in Ad-vances in Management Accounting.

Harold Sollenberger“proposed Capital reforms: good news/Bad news,” CuES Skybox, Credit union Executives Society, and Credit union management. “Building a Consensus on Credit union Capital adequacy,” in Bank Accounting & Finance.

Cheri Speier“The Emerging Supply Chain management profes-sion,” with John Dischinger, David J. Closs, Eileen mcCulloch, William grenoble and Donna mar-shall, in Supply Chain Management Review.

Dick Weber“accounting for intangibles: irS provides auto-matic Changes of method to Conform with regs,” with Dennis gaffney, richard Davis and maureen gaffney, in Journal of Taxation.

Departmental teaching & research awards

Freddy CoronadophD Student Excellence in research award

Fabienne MillerphD Student Excellence in teaching award

Joan Luftfaculty Excellence in research award

K. Rameshfaculty Excellence in teaching award

recognizing the major contributors to the Department of accounting and information Systems and/or the Eli Broad College of Business.

ContriButorS of $5,000 or morE July 1, 2005–June 30, 2006*

Darryl & Sharon (Baines) allen

Brian & Laura ambrose

alvin & irene arens

Carol Banninga ashley

paul & Brenda Balas

James & Sharon Bonsall

William r. & Carol f. Brink

Eli & Edythe L. Broad

Keith & peg Burns

Thomas & nancy Church

martin Louis Clemens

gregory & Judith Coursen

Bill & Sue ann Crowley

arlene & irwin Ettinger

richard J. fineberg vincent D. foster richard W. & nancy J. Heiss

mark & vicki matthews

mr. & mrs. Donald L. neebes

mr. richard a. & mrs. Debra B. o’Connor

richard D. & Deborah L. paterson

robert W. Schaberg glenn & Susan Schafer

robert S. Siegel Bud Smith John & Cathy Walsh

mr. & mrs. Jeffrey K. Willemain

Jeanine & Kevin ClarkDonna CoallierJim & Kathy CorneliusLawrence J. Defiore, Cpa

marc t. mcCurryrobert olsteinrussell E. palmerDonald J. puglisi

not piCturED:

richard & marlene ritchieDr. & mrs. ray S. SchmidgallKenneth f. & Elizabeth f. Sommermonte & Barb Story

Christopher & Deborah Sugdengary C. & margaret a. valadeDavid & Holli Winclechter

*report is based upon actual contributions received during the fiscal year as reported by university Development.



1 6

george E. Borel mr. James r. & mrs. Sharon a. Bradow

mr. paul J. Brazda & mrs. Linda a. Brazda

Daniel & Bette Church

Dr. g. michael & mrs. Janet r. Crooch

Jack & marlys gray mrs. Lisa a. & mr. michael L. Herrinton

mr. mark E. & mrs. marcia a. Hooper

mr. & mrs. Howard t. Hoover

maria Kang & K. ramesh

michael & penelope Kennedy

george & nancy Krull

mr. paul E. & mrs. tracy a. Lindow

robert g. & Carol a. may

Jeffrey & nancy mengel

tom & Kathy petroni

recognizing the major contributors to the Department of accounting and information Systems

ContriButorS of $2,500 to $4,999 July 1, 2005–June 30, 2006*

anthony C. & rachelle E. flanaganJames & melissa gibbons

not piCturED:

ContriButing CompaniESAuto-Owners InsuranceBDO Seidman, LLPBecker Professional ReviewCarabell, Leslie and Company, P.C.Comerica, Inc.Crowe Chizek & Company LLCDeloitte & Touche LLPDoeren Mayhew & Co., P.C.

Dold, Spath, McKelvie & Deluca, P.C.

Eli Lilly and CompanyErnst & YoungFord Motor Company FundGeneral Mills FoundationGeneral Motors CorporationThe Gerber Companies

Foundation

Grant Thornton LLPHoneywellKellogg CompanyKPMGMicrosoft CorporationMTS Systems CorporationNorthwestern Mutual

Life Insurance

Plante & Moran, PLLPPricewaterhouseCoopers LLPSPX FoundationThomson Tax & AccountingUHY Advisors MI, Inc.Verizon FoundationVirchow, Krause

& Company, LLP



1 �

Bill & Linda Stewart

randall & margaret tavierne

Stephen & nancy vella

James H. & Susan L. Wall

Brad & Cheryl Stevens

recognizing the major contributors to the Department of accounting and information Systems

ContriButorS of $1,000 to $2,499 July 1, 2005–June 30, 2006*

Douglas p. Bajor Judy & E. f. Baskin

Kathryn & Thomas Benesh

Dr. L. Charles & Dr. Janet L. Bokemeier

William & toni Bufe

gerald & Coralie Cieslinski

Carmine & Wendy guerro

Eric J. Hespenheide Enoch & nancy Jen

randal Koning Thomas J. Linsmeier & frances J. malloy

matthew mcColl

William a. & Jane r. Dittmore

nancy a. mcCort

Janet G. Ashe

David Barrons

Suzanne Barrons

Timothy & Jessica Burkhardt

Alexander Calderone

Charles Ciuni

Larry Cooley & Cathy Gaber-Cooley

William & Tami Coyne

Peter Dahlberg

Timothy & Linda Dankoff

Jill Dempster Licata

Gordon & Shirline Durkee

Ronald & Eileen Eckstein

Richard Evans & Jean Foy

Timothy Forrester

Michael & Tricia Foster

Kendall & Jacquelyn Fox

Katherine & Jeffrey Frey

Terry W. Fuller

Thomas & Amy Graham

John & Beth Grant

David & Lori Helisek

Susan & William Hermann

Mr. Hugh Hickok

Mark Hunter

Paul Janell

William & Carolyn Kinney

Laurie Kipp Klecha & Michael Klecha

Daniel Maher

Patrick & Carol Mansfield

Michael Marcero

Mrs. Mary B. & Mr. James E. McCartney

Terrence & Elizabeth Meter

Colin & Marie Nisbet

Kevin J. Ohl & Susan Cornell-Ohl

Mr. & Mrs. James P. O’Rilley

Robert & Martha Palmer

Lawrence & Susan Perlin

James Quigley

Laura Rasico

Robert & Joan Reinhart

Roland & Josephine Salmonson

James Shrier

Clare Silbert

Steven M. Strauss & Jeanette E. Clute

Michael & Michele Swartz

Gregory & Susan Taylor

Doug & Shelly Thomas

Lowell & Susan Thompson

Julie Wahrman

Don Wheeler

William & Wendy White

Jon & Marcia Woods

Jeffrey Zaleski

not piCturED:

mr. Jack L. otto

paul pacter Charles & patricia roy

Janet & michael Shields

Harold & Lois Sollenberger

mr. & mrs. raymond Spinola

robert & Beth Stricof

glenn a. test

roger & Laura Wilkinson

Lawrence & rona Wizel

rick & irene tanghe

*report is based upon actual contributions received during the fiscal year as reported by university Development.



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Julie a. Erhardt

Jennifer & Ryan BarishJohn BebesMatthew & Kristy BeckerKaren & Milan BelansStephen & Dana BosakMr. David B. BrowerMark DavidoffBruce DelbecqPatricia DerryGlen DonovanSharon FilasGeorge A. & Diane M. FoxCynthia Gabriel

Susan GillSeverin & Sharon GrabskiMano & Judith HardiesStephen & Kimberley HarfenistJim & Laurel HarrisTammy & Archie HoebeckeJoan HoeferPatrick & Marlyce HoranMr. & Mrs. Larry JeffersJoseph & Lenora KauffmanSean & Margaret KeenanChristopher & Cynthia KnollJack Koenigsknecht

Kevin & Deidre KrauseMariann KriegerWilliam & Shirley LinneDavid & Jeanne McCartneyDavid NathanRichard & Lori NoechelLawrence & Kimberly OberstNancy & Thomas OlenskiKenneth PagelJay & Gail PearlsteinJames & Suzanne ReinhartRobert & Maureen RietzMichael Seadle & Joan Luft

David & Heather SimmetKelly Sinclair-Springer

& Randall SpringerStacy SmithHarold SoperBrian SullivanMr. Kenneth A. &

Mrs. Ann K. ThelenCraig & Dawn ThorntonGeorge & Patricia WalshNorman & Marilyn WiseRobert Woolley, Jr.Marisha Wozniak

$500-$999

$250-$499Mr. & Mrs. Seymour AdlerLaurence & Jean AppelDennis & Terry BogardMichael S. BrackenridgeJack BranhamRobert ByelichMatthew ColeGary & Theresa CoronaJennifer CurtisMelanie DaweRobert & Miriam DonahuePatricia Essex & Mark Asman

William & Joan FalkEric & Lisa FormbergMr. Richard A. Hoefer &

Mrs. Donna C. HoeferKenneth & Theresa Kluk BankaMichael J. & Marilyn KnilansRobert KoehlerWilliam LichwallaKevin LoudonFredric & Melissa MarriaAlan & Karen Maxey

Nancy & Joseph MeconiJeffrey & Marilee MillerMary Moeller Fineis & Jeffrey FineisJim MonnierRonald & Shirley PattenPatrick & Vicki PattonVincent & Patricia PavlakJohn R. & Mary Ann PipskiBrian PolliceRobert & Teresa PollockSheila & Vern Powell

Christopher & Laura ScottJamie SimpsonWilliandres & Ola SmithJeffrey & Margaret TuoriGregory VankirkPhillip & Christine VarvatosMichael & Suzanne WanstreetRichard WeberJennifer & Kenneth WilliamsKaren & Steve WolfJean & Donald Young

$100-$249Matthew & Connie AndersonBrent BakerDaniel BargyCatherine & Jeffrey BonnesSteven & Carol BorsumCarolyn BowdenJonathan BrussScott & Kathryn CaranoMichael CarmodyLisa CarrollDana CataniaGina CiaramitaroAntonio & Jodie CosbeyRichard & Dolores CzarneckiRobert J. DavisonJoseph DineenJohn DobrowolskiRenee DoryMarvin & Marilyn EckerlePaul & Angela EdwardsRui FanRonald & Sharon FelzkeChristina & Michael FerlandWilliam & Carol FerraraDavid Fetyko

Joseph GaglioJames & Donna GeistertPaul GibbsCurtis GilesLaura GodlewskiWilliam & Elizabeth GoodwinPhilip & Darlene GoyDianne GroshekJames HarbaughDiana HarrisBeth & Scott HiltJoseph HogueJeffery & Patty IrwinBarbara JacksonTimothy JacksonAngela JanssenKathleen JenkinsJay JohnsonBradley & Kathryn JonesStephen KazmirowskiAndrew & Heidi KernJeffrey KingGlen & Jayne KleinCathy & Keith Kunkel

Carol LambLori LeeSang Ho LeeNeil LindholmJames & Stacey MahoneyKeith MannorTracey MarantoStephen MarshJill MartinezCorinne MassaJoseph & Joan McHughJames & Nancy McKeownAngelo MeliMolly MuhnGale NewellLisa NicholsMax NobleChristen PageSusan ReeseMarla RochschildJames & Teresa RoestelWinifred H. RomeKenneth RosenzweigEric & Melissa Rothert

Elizabeth & Steven RustTheodore & Ann SchaferThomas Schellenberg & Joan YoungTravis SchmidtLarry SeeseIvan & Joanna ShawAlan & Stacy SollenbergerParvez & Bakhtavar SopariwalaJustin StilwillKevin Stockmaster & Angela CottoneErik StrangJacqueline Van BaalKathryn VanderMolenRichard & Amy VogtGregory & Patricia WalthornJames WardCarl & Sharon WarrenTracy WilesAbbey WilsonJoseph WingAllan & Virginia WrightMr. & Mrs. Robert WymanJennifer YoungGary A. & Beverly A. Zell

otHEr ContriButionSPhilip AltRebecca AshburnJeffrey BennettJames & Marta BirchfieldKimberly ChristensenGeorge & Laura Ferns

Katherine FlemingJoan M. GaretyThomas GomersallPaul KamblyRyan KileyKevin Mccarty

Debra & Timothy McGilskyGary & Marlene MescherDeborah & John ObrechtTimothy & Juanita OeschLawrence OzzelloSeth & Lorena Parker

Renee RedmondAndrea SelleyArthur & Nancy SietingCarter & Doris StrongStephanie & Curtis TatroDenis & Jill Wills



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in the early 90’s, Bob created the virginia non-profit Housing Coalition (vnHC) to support a philanthropic focus. He and wife, anna Lou, recruited a board that shared a common in-terest in providing affordable housing and utilizing earnings from vnHC to support community projects. anna Lou is responsi-ble for the company’s grants and gifting pro-grams. Bob and anna Lou serve on a number of community boards and they, as well as all other vnHC board members, serve vnHC voluntarily. Bob has spent the majority of the last 10 years building vnHC; an accomplish-

Bob was raised in Lansing and attended Sexton High School. He graduated with an accounting degree from Michigan State in 1964. He started his career working for Lybrand, Ross Bros. & Montgomery (LRB&M) in Detroit. After a few years of experience, he earned an MBA from Wayne State University; then resumed work-ing for LRB&M. In 1972, he began working for Amurcon Corporation in Michigan. After five years, Amurcon supported him in a move to Virginia where he established Amurcon Corporation of Virginia (ACOV). Bob has served as president of this com-pany since its inception and is now its sole stockholder.

ment for which he is extremely and justifiably proud. as a nonprofit, the organization has been able to purchase housing properties from aCov at affordable prices, renovate them and rent them to low and moderate income fami-lies. to date, the organization has supported numerous philanthropic projects, including a scholarship program for children living in its housing communities.

This past year Bob created an Endowed Chair in the Department of accounting and in-formation Systems in The Eli Broad College

the eli Broad college of Business Department of accounting and Information systemsMichigan State UniversityN270 North Business ComplexEast Lansing, Michigan 48824-1122

Nonprofit Org.u.s. postage

paIDEast Lansing

MichiganPermit No. 21

Alumnus of the Year 2006

roBErt W. SCHaBErg

of Business, through a commitment from the vnHC. The nonprofit organization has agreed to make gifts to michigan State uni-versity in the amount of $1,500,000 to sup-port the Ernest W. and robert W. Schaberg Endowed Chair in accounting.

He credits his parents, Ernest and vernita, for raising him right and providing him the val-ues he has today. Bob provides evidence of this appreciation by including his father’s name in the endowment title.

Documents

Fall 2006 Newsletter (PDF) - Department of Accounting