The Eli Broad College of Business DepartmeNt oF … · Broad School Department of Accounting and Information Systems 1 ... lege’s most recent balanced scorecard ... Broad School

F a l l 2 0 0 8 N e w s l e t t e r

Broad School Department of Accounting and Information Systems

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Fall 2008

The Eli Broad College of Business

DepartmeNt oF accouNtiNg aND iNFormatioN systemsMichigan State University

celebratiNg milestoNes

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c h a i r p e r s o N ’ s l e t t e r

Department Chairperson:Sanjay Gupta

Newsletter Editors:Bruce Bettinghaus

Fred JacobsLynne Zelenski

Department Office:N270 Business College Complex

East Lansing, MI 48824(517) 355-7486

www.bus.msu.edu/acc

It is now exactly one year since I started as chairper-son. To be honest, the year is a blur–filled with ac-tivity, excitement, accomplishments and more. It is remarkable how many things we do and how well we do each of those things. Take, for example, our core missions of teaching and research: the Broad Col-lege’s most recent balanced scorecard showed that our department had the best student teaching evaluation scores as a group in the entire college, and the Chron-icle of Higher Education recently ranked both the Ac-counting and the Information Systems faculty 6th in the nation in research productivity.

Last year I wrote that the pull for me to come to the Broad School and Michigan State University was its programs, people and promise. During this first year, I have come to realize that I underestimated how good we are in each of these areas.

Programs–We continue to be ranked in the top-10 undergraduate and master’s programs in accounting in the 2007 Public Accounting Report’s 26th Annual Survey of Accounting Professors.

People–It is a distinct honor and privilege to be sur-rounded by talented faculty colleagues, a dedicated staff and bright students. Several examples in each category are detailed inside this newsletter but I will mention a few to just whet your appetite. Our cover features Sue Haka who is the 2008-09 president of the American Accounting Association, a tremendous recognition for Sue’s multi-faceted contributions to our profession over the years. The AAA also recog-nized Bill McCarthy with the 2008 Outstanding Educator award. The management accounting sec-tion of the AAA recognized Mike Shields with the 2008 Notable Contribution to Management Ac-counting Literature Award. Fred Jacobs was one of the faculty recipients of the 2008 AT&T Instruction-al Technology Award. Ed Outslay became the Broad College’s first recipient of the Service-Learning and Civic-Engagement award for his tireless work with VITA. Charlie Bokemeier has been named the 2008 MACPA Accounting Educator of the Year. And these are only a few examples.

Promise–Despite the fact that a recent newspaper story reported that the nation’s misery index is the highest since 2005, as I look around me on the sec-ond floor of the Business College Complex at MSU, I truly believe that nothing could be farther removed from that feeling. Take for instance our PhD students of yesterday, today and tomorrow. In terms of our for-mer doctoral students, Sue Martin has been named as the first female president of Eastern Michigan Uni-versity. Another former doctoral graduate, Carolyn Callahan, has been appointed to the prestigious Fi-nancial Accounting Standards Advisory Committee. This year we had three strong placements of our doc-toral students–Edward Li at the University of Roch-ester, Pankaj Setia at the University of Arkansas and Alex Woods at the College of William and Mary. And for things to come–we just learned that Tyler Thomas, one of our incoming doctoral students, has been awarded the University Distinguished Fellow-ship, one of only 20 in the entire university’s incom-ing class of 500 plus doctoral students!

There is one notable change on our faculty. Harold Sollenberger, also featured on the cover, has retired after over 42 years of dedicated service to MSU. As the article in this newsletter details, Harold has not only been involved in but has been instrumental in shaping virtually all of the key programs within the Broad School. While we are sincerely grateful for all of those contributions, we will miss him greatly.

We have much to be proud of, but in no small mea-sure, we owe our success to your loyal, enthusiastic and generous support. We sincerely thank you! We assure you that we will continue to aim higher, work harder and become better over the years to remain deserving of your support.

Go Green!

Sanjay Gupta Russell Palmer Endowed Professor

Greetings, Alumni and Friends:



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Sue Haka, Ernst and Young Professor of Accounting, is the incoming president of the American Accounting Association (AAA). Her presidency is the culmination of many years of dedicated service to the profession. Technically a one-year appointment, the presidency is a three year commitment. Last year she served on the executive board of the AAA as the president-elect, this year as president, and next year as the past pres-ident. After this she is on the hook for three more years of service on the nominating committee as a past president.

Sue began her work with the AAA soon after she joined the faculty at Michigan State in the fall of 1982. She has held over 30 committee ap-pointments and editorships for the association over that time. She has served as the president of the Management Ac-counting section, and chaired both the audit and finance committees for the association.

Great institutions are built with the sustained effort of great people. Just as Sue helps to con-tinue the excellent work of the AAA she also serves the students, alumni, and the faculty of the Broad School and Michigan State Universi-ty. Sue firmly balances the academic foundation of teaching, research and service. Sue has won the departmental teach-ing award twice, served on over 20 doctoral dis-sertation committees, and served as thesis advisor to 12 of our PhD graduates. She was the department’s chair from 1998 to 2001, and has served on over 45 department, college and university commit-tees. Her contributions to the university have been noticed and appreciated. Sue won both the MSU Teacher-Scholar Award in

1986 and the Distinguished Faculty Award in 2006. Both of these awards are given to only a handful of faculty each year and they represent both early success and sustained excellence.

In addition to the activities mentioned above, Sue has published over 20 refereed research papers, and serves as a coauthor on two textbooks. She currently is the associate editor for the International Journal of Ac-counting and Management Accounting Research. She served as the editor of Behavioral Research in Accounting and associated editor for five other journals. She has served on boards of both non-profit and public compa-nies, assisted in the accreditation of business schools, and has given over 30 academic presentations. She has been married to Cliff Haka (direc-

tor of MSU Libraries) for over 35 years. Sue and Cliff have a daughter, Abby, and a new grandson. In between all of this, Sue even managed to hit a cou-ple of golf balls. Her sustained efforts have helped to build a strong foundation for the fu-ture of academic accounting at the Broad School and globally.

As the President of the AAA, Sue leads the accounting acad-emy in a time of uncertainty and change. Many challenges

and opportunities face the academic accounting com-munity, including changes in the auditor-client rela-tionship, ongoing changes in financial reporting, and the critical shortage of PhD accounting faculty mem-bers. Please see her letter to the MSU community on the next page to understand the challenges and oppor-tunities our profession faces.

SUE HAk A SERVES AS PRESIDENT OF THE AMERICAN ACCOUNTING ASSOCIATION

F e a t u r e s t o r y

On a recent trip to China, Sue had the opportunity to interact with Chinese accounting officals. Pictured on the left is Sue with (from left to right) Liu Yuting, the Director of Accounting in the MInistry of Finance, Jin Lianshu, the leader of the Accounting Society of China, and Jianqiau Lu, also from the MInistry of Finance and who served as the interpreter.

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As I begin my American Accounting Association (AAA) presidential year, the opportunities and threats besetting the accounting academy create a sort of tipping point--a point where, with the right push, the academic community could rejuvenate and renew itself, but without some effort, the accounting academy may fall into further decline.

current status of the accounting academic communityThe decline has been documented in a recent AAA /AICPA co-spon-sored study1 that reveals the disturbing current state of U.S. account-ing faculty. David Leslie, the Chancellor Professor of Education at College of William and Mary, completed the study using the Nation-al Survey of Post Secondary Faculty (NSOPF) data base. This data base is maintained by the U.S. Department of Education. The survey is compiled every five years and includes U.S. faculty in all disci-plines. Professor Leslie’s results show that the number of U.S. ac-counting faculty has declined by over 13 percent in the last ten years. During this same period, the number of accounting undergraduates has increased by 12 percent.2

THE ACCOUNTING ACADEMY AT A TIPPING POINT: RENEWAL OR DECLINE?A A A PRESIDENT’S LETTER TO THE MSU COMMUNITY

1993 1999 2004 % Change

Tenured 5,825 4,900 4,779 -18.0%

On-Track 2,384 1,400 1,909 -19.9%

Not Eligible 12,112 11,100 10,922 -9.8

total 20,321 17,400 17,610 -13.3%

accounting Faculty

1993 1999 2004 % Change

Accounting 6,331 4,555 5,121 -19.11%

All other business fields

16,933 16,027 20,352 +20.20%

accounting and all other business Faculty

The Leslie study also shows that accounting faculty numbers at insti-tutions such as MSU have declined by over 19 percent over the past 10 years, but the faculty for non-accounting disciplines in business schools have increased by over 20 percent. It appears that faculty posi-tions are migrating out of accounting and into other disciplines.

the challenges we FaceIn addition to these current demographics, the future outlook is even more disturbing. The average age of current accounting faculty is 56; implying half of current faculty members are eligible to retire within the next five to ten years. Leslie reports that U.S. institutions historically graduate around 140 PhDs per year, but the number of expected faculty retirements is projected at 500 per year for the next 10 years. The evidence suggests that without an investment by uni-versities in future accounting faculty, accounting may eventually dis-appear from universities.

hope for the FutureHowever, I am not discouraged because current global trends create a dynamic and interesting atmosphere for the accounting academy. The increasing global focus on, and cooperation on accounting issues emphasizes the importance of accounting in global markets. Further, the world-wide demand for accountability and changing technological capabilities are the very trends that are attracting record numbers of students to accounting.

by sue f. hak a, ernst and young professor of accounting



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past msu aaa presidents

Since its beginning in 1916, five AAA presidents

have been from Michigan State University.

This puts us in a tie for second place in AAA

presidents along with the University of Texas.

Just ahead of us is the University of Illinois (six

presidents), and the University of Michigan

(six presidents).

Past Presidents of the American Accounting

Association from Michigan State University:

1960 charles John gaa

1965 herbert elmer miller

1970 James Don edwards

1990 alvin a. arens

2008 susan F. haka

THE ACCOUNTING ACADEMY AT A TIPPING POINT: RENEWAL OR DECLINE?A A A PRESIDENT’S LETTER TO THE MSU COMMUNITY

The challenge to the accounting academic community and to all those who believe accounting has a place in universities, is to use the current world-wide interest in accounting to attract future faculty. As I travel the globe to talk with academic accountants, I entreat them to talk with their students about the benefits of an academic life; the joys of teaching and the exhilaration that comes from inves-tigating the role of accounting in society. These are the makings for a wonderful life’s pursuit.

If the accounting academy, working professional accountants, those who hire accounting graduates, and others who care about university accounting education work together, we can tip the academy toward renewal. The big four firms and the AICPA are banding together to create a large pool of funds to provide financial support for doctoral students. Formal efforts to inform current master’s students about aca-demic accounting careers are being integrated into curricula across the country. For example, MSU has been engaging interested master’s stu-dents in faculty workshop activities.

The American Accounting Association and the Accounting Programs Leadership Group have begun an advocacy program directed at deans, provosts and presidents to make them aware of the demographics and the potential future of accounting at universities. Encouraging depart-ment chairs, deans, and provosts to create more positions for doctoral students is challenging, because doctoral students are cost centers, not profit centers! The MSU Accounting Doctoral Program has intensified recruitment efforts and admitted more doctoral students in accounting in the past two years.

Renewal of the accounting academy is the key to ensure that account-ing retains its position in universities as a highly demanded, vibrant academic discipline. Perhaps MSU faculty members can convince you to consider enrolling in a doctoral program to pursue an academic ca-reer in accounting? If so, don’t hesitate to get in touch.

1 Study can be accessed at htp://aaahq.org/temp/phd/AccountingFacultyUSCollegesUniv.pdf

2 Sanders, B. 2005. The Supply of Accounting Graduates and the Demand for Public Accounting Recruits–2005: For Academic Year 2003-2004. New York, NY: American Institute of Certified Public Accountants. Available at: http://ceae.aicpa.org/NR/rdonlyres/11715FC6-F0A7-4AD6-8D28-6285CBE77315/0/Supply_DemandReport_2005.pdf.


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Harold is known on campus for many things, but none more than for his impact on well over 25,000 students through his teaching of intro-ductory managerial accounting to all students entering the Broad School. He was an early pi-oneer in using television, ensuring that every student learned accounting from a professor instead of a graduate assistant. Later, when

there were adequate large classrooms, he used live lectures. Harold was able to make man-agerial accounting exciting to both account-ing and non-accounting majors. As a result of his inspirational teaching in the introductory course, hundreds of students became account-ing majors who might otherwise have chosen a different major.

One of the most important traditions in the department is the use of highly qualified teaching assistants to meet with students in small groups during selected days in intro-ductory accounting courses. Harold was the innovator of this approach and spent count-less hours interviewing potential teaching as-sistants, training them and motivating them to be effective. During his career he worked with hundreds of teaching assistants, more than any other faculty member in the college and probably anyone in the university. The introductory accounting students were huge beneficiaries of this concept, but the teaching assistants gained from the experience of teach-ing and even more from Harold’s guidance and example. Most of these assistants have

H A rOlD SOl l ENbErgEr Professor of Accounting, Department of Accounting and Information Systems, 1967–2008

Faculty and students celebrate Harold’s last day of teaching ACC202. The student assistants surprised him with these commemorative t-shirts.

Harold’s retirement from the Broad School is a huge loss for the Department

of Accounting and Information Systems, the Broad School and the university.

Harold arrived at Michigan State from Indiana University as a new assistant

professor and spent the next 42 years dedicating himself as a teacher, as an ad-

ministrator, as an active member of the practicing accounting profession, and

as a highly respected colleague.



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stated that it was the most valuable learning experience they had while at Michigan State. Their loyalty to Harold is extraordinary.

Everyone on the faculty considers teach-ing the introductory managerial accounting course a full-time teaching responsibility, but not Harold. He also taught managerial ac-counting in the critically important Execu-tive MBA Program in Troy for over 30 years. Faculty who teach in that program typically work all day, go to Troy for dinner with the students, teach for four hours, return home at close to midnight, and are back in the office the next morning. In addition to teaching in the program, he arranged for and accompa-nied the program’s students on international trips for more than a dozen years. He is clear-ly one of the most important reasons for the success of that program.

After only seven years on the faculty, Harold agreed to become department chair at a time when the department was struggling with too few faculty members, programs that were out of date, and no external fund raising except for the funds provided by the university. He was chair for seven years and brought about changes that have profoundly affected the de-partment up to the present day even though his tenure as chair ended more than 25 years ago. Following are some of the most important contributions he made during that period:

• Hired 21 new faculty members, many of whom are still on the faculty.

• Started the master’s in accounting program, which has become a premier program in the department and the Broad School.

• Sought and obtained accreditation for the

accounting degree programs from the As-sociation to Advance Collegiate Schools of Business (AACSB).

• Established a director of the doctoral pro-gram, which is now a critical part of the department.

• Separated the accounting and finance facul-ty, which resulted in both groups becoming stronger.

• Hired Bill McCarthy as the first faculty member educated as a specialist in informa-tion systems, which ultimately resulted in the information systems faculty being a part of the department.

• Started the department fundraising program by asking businesses who hire our students, department alumni, and friends to con-tribute financially to the success of the de-partment. This has become one of the most important contributions to the department’s national standing.

A few years after stepping down as depart-ment chair, Harold was asked to become as-sociate dean of the MBA Programs for the Broad School, a program that had fallen behind the

leading programs in the country. Harold again demonstrated exceptional leadership ability by hiring outstanding support people and pursu-ing excellence in program revisions, student recruitment, and placement services. Like our department, the MBA program was far stron-ger when he stepped down as the leader than when he started.

Harold has also spent his entire career active in the business community advising banks and credit unions. He has led many one- and two- week seminars during the summers for more than 30 years teaching bankers and credit union managers how to more effective-ly manage their asset and liability portfolios.


Harold has been one of the most active faculty members in the Broad school. If you wanted something done, and done right, Harold was your man.

In recent years, Harold has spent considerable time doing research and publishing articles in practice journals helping credit unions become more effective and efficient organizations.

Harold has been one of the most active faculty members in the Broad School. If you wanted something done, and done right, Harold was your man. He was faculty advisor to Honors College students for almost his entire career and as a direct result of his efforts the depart-ment has one of the largest groups of Honors College students of any department in the uni-versity. He chaired two college-wide strategic planning committees, the department accredi-tation assessment committee, and countless MBA program committees. He is well known for accepting committee assignments, doing them to perfec-tion and getting them done on time.

No one needs to worry about Harold in retirement. First and foremost, he is a devoted and caring husband to Lois, who has been a lifelong partner

to Harold in all things personal and profes-sional, father to his daughter kristin and son Alan, and grandfather to his four grandchil-dren. He is also an active Christian and plans to become a lay minister, continuing his active role in his church. Harold has many friends both within the university and in Okemos where he has lived for more than 40 years. If that is not enough, Harold and Lois are the most active and avid collectors that you are ever likely to meet. Harold’s first love is his life-long active stamp collection. That is just the start. Between them Harold and Lois have over 40 different collections. Following are just ten that most people would consider somewhat unusual, but for them it’s just a lot of fun.

• Southwest Native American pottery

• Early US stamps, essays and proofs

• Church hymnals

• Railroad date nails

• Candy-making machines and metal molds

• Chinese etched gourds and cricket cages

• Pie birds

• Beatrix Potter Peter Rabbit books

• Mao buttons

• Russian crosses and icons

The profession, the university, the Broad School and the department are all indebted to Harold for his many outstanding contributions. We all wish Harold and Lois well in retirement.

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Pictured above are some of Lois and Harold’s candy molds, pie birds, and pottery.

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becker CPA review: Jingyu Gao, Nan Luo

bDO Seidman: Lesley Bergquist, Daria kapustina, William Schwartz, Jeffrey VanderBoon

D. Jean Sanders beck: Ryan Coe, Jessica Sack, Stephanie Weismann

William and Carol brink: Lindsay Brookins, Christine Cervenak, kristie Coplin, Mark Cosgrove, Erin Critchett, Jaclyn DiCicco, Lauren kritcher, Igor Levit, John Robinson, Dana Salinger, Yuanjing Xu

Arthur H. Carter: kyle Anderson, Shea Bryant, Stephen Daniels, Josh Engelkemier, Terrance Foessett, Scott Foley, Gabriel Friedman, Brian Glauser, Mark Hermelyn, Bardeleon Jaddou, Clark Janisse, Yekaterina kasmynina, Matthew kawiecki, Stephen klein, Evan kuk, Brian Lehnerer, Wentao Liu, Zhi Liu, Brendan Long, David Lucio, John Mabry II, Thomas Marchese, Joseph Mckeown, Benjamin Miller, Jack Miller, Garrett Putansu, John Rademacher, William Richardson, Craig Riffel, Ronald Risinger, Thanapat Rojanavipat, Scott Rohlig, Thomas Scott, kevin Schulmeister, Sang Hyuk Seo, Ryan Sieb, Joongsoo Sin, Thomas Skinner, Ryan Skynar, Ryan Smith, Brice Stevens, Steven Swantek, John Thelen, Robert Tutag, John Vandercruyssen, Scot Vanderschuur

Daniel J. and bette H. Church: Jordan Heier, kristen kiehler, Jiha kim, Edwin Masaviru, Antonina Palazzolo, Duyen Pham, Nicholas Quigley, Jessica Reuter, Valerie Sampson, Michael Stein, kelly Wnuk

Crowe Chizek: Jillian Angelocci, Charles Marchese, David Rouse

Deloitte: Christopher Dechelbor, Nikolina Dimovski, Lauren Mavis, Xuemei Ren, Stephen Shonce, Scott Sommerville, Tuo Zhao

Deloitte Diversity Scholarship: Ashley Johnson

John Dallah: Lauren Hafner, Jerry Tran

Department of Accounting & Information Systems: Eric Ball, Eun Hye Sung

Doeren Mayhew: Jennifer korn, David kroll

Ernst & Young: Robert Adams, Jessica Bodis, Amy Flory, Tyler Neal, Ryan Sikorski, Bradley Zuyddyk

Ernst & Young Doctoral Fellowship: Ge Bai, Mike Hopwood, Michelle Lau, Eric Marinich, Joe Schroeder, Tyler Thomas, Dimitis Vrettos, Shawn Xu

Scott and Patricia Eston: katelyn Aitken, Fuk Hung Choi, Shannon Comer, Bridget Glazier, Sarah Harla, Mallory Holloway, Lindsey Naglick, Diana Rombola, Erin Schlicher, Andrew Stanecki, Chipley Tuweiq, Anil Wastani, Ziv Weizman

general Mills: Andrew kasischke

grant Thornton: Matthew Szubinski, David Treado, Lynsii Ward

gardner M. and Pauline A. Jones: Shawn Gillespie, Daisy Zeng

Marlys and Jack gray Doctoral Fellowship: Tyler Thomas

KPMg llP: Thomas kasper III, Jacob Sutter, Ian Tarrant

Thomas luccock: Gabriel Ramirez

William C. and Delrose Marlene Martino: Eric Aytes, Mitchell Lee

James E. McCartney: Rebecca Alvesteffer, Joseph Churchill, Elizabeth Gutowski, Amanda Hartsell, Amanda Lovera, Pangsiri Jutidharabongse

russell and Vera McCurry: Antonia Aladjova, Dalena Tran

richard and barbara McWhirter: Lisa Hettler, Molly O’Hara, Colin Taggart

Plante & Moran: Amy Andrews, Tara keener, Erik krueger, Garret Mausolf, Carolyn Obrecht

PricewaterhouseCoopers: Jingyu Gao, Jin Hyu Shin, Madison Schliewe

glenn and Susan Schafer: Mason Barker, Jonathan Elson, Jessica kubacki, Fei Lu, Nan Luo, Philip Mathew, Xiaolei Qian, Tyler Radde

Shell Oil Company: kevin konwinski

Frank N. Sidoti: Shruti Agrawal, Brandon Barnes, katelyn Esch, Constance Jasiak, Rishi khetrapal, Seul ko, Jennifer Lucas, Andrew McMahan, Jamie Montague, Spencer Ornes, Yawar Rizwan, kevin Smiley, Sichun Wang, LeeAnn Webb

Constance richards Smith: Nicole Carlini, Monte Cooper, Melanie Crowther, Audrey Dafoe, Mark DeLuca, Eric Dennett, Rebekah Gorzalski, Meghan Griffin, Jacinta Holton, Chibuzor Isiogu, kelli kutz, Sha Liang, kelly Mackenzie, kathryn Martz, Nathan Mathes, Stephanie Messano, Emily Nelson, Alan Olson, Christie Parker, Richard Pratt, David Presar, kyle Price, Brian Stevanovic, kathryn Wheatley

Steven D. Clark Accident Fund: Ahmed El-Dessouky, Angela Palmer, Eric Roof, Nicole Sroka, karey Vangelder, Christopher Zilli

Cecil r. and M. beatrice Upham: Jin Wook kim, Ryan Macke

Virchow Krause: Audrey Andison, kelly koczara, Adam Mott, Joseph Thomas, Mengyu Shi

roger E. and laura Hamill Wilkinson: Michelle kenney

2008 SCHOLARSHIP AND FELLOWSHIP WINNERS

This past December, Charlie Bokemeier

and several accounting students had the

opportunity to have breakfast and conver-

sation with Fiscal Wake-Up Tour panelists.

Fiscal Wake-Up Tours began in September

2005 when former Comptroller General of

the United States, David M. Walker, along

with representatives from groups across

the ideological spectrum began participat-

ing in a series of nationwide town-hall style

forums to bring attention to the mounting

federal debt as well the challenges posed

by emerging demographic and economic

trends. The goal of the Tour is to educate

citizens about America’s finances, encour-

age citizen involvement, and promote leg-

islative and other reforms by federal, state,

and local officials. The Tour visited campus

last fall semester.

At the invitation of MSU’s Institute for Pub-

lic Policy and Social Research, accounting

students Marcus Belanger, Ryan Coe, Seth

Connors, Kathy Kasmynina, Bryan Schul-

meister, and Jenna Zerwas had a chance to

interact with the panel. A lively discussion

evolved over breakfast, and it became clear

to the participants that while these repre-

sentatives came from different philosophi-

cal beliefs and backgrounds, there was one

thing they agreed on passionately, and that

was the numbers. Our students asked ques-

tions relating to such topics as the deficit,

future cost of health program options, the

social security system, the pension guaran-

tee program, and the affect of war spend-

ing on the future of various social programs.

The students were astounded by the poten-

tial financial impact of these issues and ex-

pressed interest in getting more involved

in the government process. That is the re-

sponse the panelists are hoping for as they

tour the country with their message.

Afterwards, Charlie received positive com-

ments from the panelists about how in-

sightful the students’ questions had been.

The facilitator of the event commented that

the panelists enjoyed talking with the stu-

dents, and said they were impressed by

their engagement and awareness of what is

going on with federal spending. This was a

fantastic opportunity for all, and well worth

the early morning rise!

Accounting Students Attend Breakfast with the Fiscal Wake-Up Tour Panelists

Each year students from the MSU chapter of the National Association of Black Accountants (NABA) attend the Central Regional Student Conference. This year 24 Broad students attended the conference in Schaumberg, Illinois, along with students from 38 other colleges and universities. At the conference, scholarships were awarded and seven Broad students were recognized for their outstanding academic achievement. The recipients included (pictured from left to right) Re-naldo Major, Chatoya Antwine, Morgan Moss, Tiffany Bridgeforth, Pam Balen-tine, Arica Jones and Jarrell Burkett.

At the conference, students attended seminars and workshops to enhance com-munication, interpersonal and leadership skills. The students also had the op-portunity to network with employers and interview for internships and full-time employment. Our NABA chapter had one of the strongest presences at the con-ference. The chapter’s success is based on a legacy of mentoring, leadership, and overall commitment to providing students with academic success and career op-portunities. The next Central Regional Student Conference will be hosted in De-troit in October 2008.

Naba students awarded scholarships at

regional conference

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Each year, the Michigan Accountancy Foundation (MAF) awards scholarships to deserving accounting students attend-ing Michigan’s colleges and universities. Once again, Broad accounting students have been very successful in earning MAF awards.

Through the generous support of the Michigan Association of Certified Public Accountants (MACPA) members, profes-sional firms and other CPA leaders, stu-dents receive $4,000 each to help them

complete their final year of education. We take great pride in these outstand-ing students! This year’s winners are Amy Andrews, Jessica Bodis, Erin Crichett, Amy Flory, Michelle Gleason, Robert Howley, Ashley Johnson, Garret Mausolf and Ronald Risinger.

The “Tax Avengers” were selected from 13 local teams made up of 65 Broad students to represent MSU in the national PricewaterhouseCoo-pers xTAX competition. Competing against 39 teams from across the country, the Tax Avengers was one of five teams selected to contend for the Alexander Hamilton Trophy in Washington, DC. This was the third time in five years that an MSU team has reached the national finals.

The xTAX competition provides a great opportunity for accounting stu-dents to be involved in a real-life simulation where they have to produce a quality product in a short amount of time and present it in a profes-sional manner. Each team spent two weeks working on a consulting engagement for the construction industry in the mythical country of Levenia. The project involved developing a strategy utilizing the right mix of tax and economic incentives to encourage “green” construction in Levenia. Faculty advisors, Professors Dick Weber and Ed Outslay provided guidance and advice. Each team presented their proposal to the Levenian Construction Council (a panel of PricewaterhouseCoo-pers professionals). The teams did a great job and all 65 Broad students received a prize in recognition of their participation. Two teams were designated as the winners and received a prize of $1000. The Tax Aveng-ers were nominated to go to the national finals.

The Tax Avengers, seniors katie koivisto and kathy kasmynina, junior kathryn Wheatley, and sophomores Robert Malmstadt and Madison Schliewe, represented the Broad School well at the nationals. Although they did not bring home the Alexander Hamilton Trophy, each enjoyed a wonderful experience in Washington, DC, and came home with $2,000 and the offer of an internship with PricewaterhouseCoopers. The success of the Tax Avengers once again demonstrates the quality of our students and faculty. Congratulations to all!

MSU “Tax Avengers” go to xTAX Finals

The Tax Avengers from left to right: faculty advisor Dick Weber, Katie Koivisto, Kathy Kasmynina, Robert Malmstadt, Madison Schliewe, Kathryn Wheatley, faculty advisor Ed Outslay, and PwC partner, Michael Marcero.

Nine students awarded michigan accountancy Foundation scholarships

FSA Student Achievement Award: Matthew Pruente

Daniel Collins Accounting research Award: Chad Baragar, Marcus Belanger, Dale kim

Accounting club outstAnding MeMber of the YeAr: Rachel Akkerman

beta Alpha Psi Outstanding Member of the Year: Tara keener

nAtionAl AssociAtion of blAck AccountAnts outstAnding MeMber of the YeAr: Earline Crawford

2008 Student Awards

Scholarship recipients were honored at the MACPA Awards dinner on September 8, 2008 in Birmingham, MI. Attending

the banquet (from left to right) were Robert Howley, Michelle Gleason, Jessica Bodis, Garret Mausolf, Amy Flory,

Amy Andrews, Ashley Johnson and Ron Risinger.

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Awards, Appointments & recognitions

Vallabh Sambamurthy Re-appointed as Editor-in-Chief, Information Systems Research

Vallabh Sambamurthy, Eli Broad Professor of Information Technology, has been re-appoint-ed to a second term as editor-in-chief of Infor-mation Systems Research, one of the top journals for academic research on information systems. The journal is funded by INFORMS, which is the largest professional society in the world for professionals in the field of management sciences and operations research. It is one of the 12 journals supported by the society and is featured in both the Business Week and Financial Times lists of academic journals used for ranking the intellectu-al capital generated by business school faculty. The journal publishes research from a broad range of perspectives including behavioral, design, econom-ic, organizational, and strategic aspects of infor-mation systems. During his first term (2004-07), Sambamurthy is credited with having raised the number of submissions by nearly 100% to about 300-350 manuscripts a year, reducing the cycle time for reviews (approximately 90-100 days) and acceptance (approximately 18 months), and dou-bling the number of papers accepted for publica-tion. The impact factor for the journal, which is a measure of how extensively it is read by others, has continued to rise during the past three years and now places the journal as being among the ones most widely read and cited for research on informa-tion systems. Sambamurthy will complete his sec-ond term in December 2010.

Shields Receives AAA Notable Contribution to Management Accounting Literature Award

Mike Shields was awarded the 2008 Notable Con-tribution to the Management Accounting Lit-erature Award by the Management Accounting Section of the American Accounting Association for the Handbook of Management Accounting Re-search co-edited with Chris Chapman and Antho-ny Hopwood. The four criteria for this prestigious award are (1) relevance to theory, practice, or in-struction of management accounting; (2) broad appeal to those interested in management ac-counting; (3) originality, innovativeness, and po-tential contribution to knowledge; and (4) impact or potential impact on other research. This award-winning two-volume book was published this past year by Elsevier.

McCarthy Receives AAA Outstanding Educator Award

In August 2008, William McCarthy was presented with one of the highest honors that an accounting professor can earn, the American Accounting Asso-ciation’s Outstanding Accounting Educator Award. The general criteria for this award are contributions to accounting education from scholarly endeavors in research and teaching over a sustained period of time through: educational innovation, excellence in teaching, publications, research guidance to grad-uate students, and significant involvement in pro-fessional and academic societies and activities. This award is given to either one or two professors world-wide each year, and Bill is the first recipient from Michigan State University.

The nomination package for Bill was prepared by Julie Smith David of Arizona State University, one of his former students. It also included teach-ing testimonials from many of his other students from a 30-year career at MSU as well as many research and service testimonials from non-MSU scholars worldwide.

Bill is most known for his seminal work in the se-mantic modeling of enterprise economic phenomena and accounting ontologies, especially as that work relates to the construction and use of enterprise in-formation systems and ecommerce interoperability structures. He has also been an international leader in the development of accounting information sys-tem courses and curricula.

Anderson Selected for CIC Academic Leadership Program and KPMG Professor in Residence Program

Matthew Anderson was selected by Michigan State University to participate in the 2008-09 Commit-tee on Institutional Cooperation (CIC) Academic Leadership Program. Established in 1987, the Ac-ademic Leadership Program is designed to develop the leadership and managerial skills of faculty on CIC campuses who have demonstrated exceptional ability and administrative promise. The program al-lows selected candidates to engage in a variety of ac-tivities with university administrators, and to visit other CIC campuses to broaden their outlook and experiences. This year’s visits include trips to the University of Iowa and The University of Michigan.

Additionally, Matt served as a Professor in Resi-dence with kPMG over the summer. This gave him an opportunity to see up close the practice com-ponent of the profession, and provided him with a better sense of where we in academics are relative to practice. According to Matt, “It was an eye-open-ing, outstanding learning experience, and I look forward to sharing some of my experiences with my students this fall. I want to warn everyone that I am now a bona fide auditor.” kPMG established the program in order to strengthen its ties to the aca-demic community and provide faculty with the op-portunity to gain up-to-date industry experience. Congratulations Matt!

Bokemeier MACPA Educator of the Year

Charlie Bokemeier has been named as the 2008 MACPA Accounting Educator of the Year. The award recognizes educators who excel in teaching accounting and promoting the CPA profession. The primary criteria for the award include excel-lence in classroom teaching, motivating students and educational innovation and notable contribu-tions to the academic community and/or the ac-counting profession. Charlie has distinguished himself through his teaching of the introductory accounting principles course taken by 2,000 stu-dents each year, and is well-liked and respected by students. Additionally, Charlie serves as the ad-viser to the Accounting Student Association and advises Honors College students majoring in ac-counting. He is a dedicated educator and this past year the undergraduate accounting students honored “Dr. B” by presenting him with the Out-standing Teacher award at the department’s annu-al spring banquet.

Charlie has been active with the MACPA, serv-ing on and chairing the Educator Task Force and chairing the Educator Spring Conference. He is currently a member of the Board of Directors of the MACPA.

The MACPA award was presented to Charlie at the annual MACPA Awards Dinner on September 8th. Congratulations to Charlie on this much-de-served award!

Jacobs Recognized with AT&T Instructional Technology Award

Fred Jacobs won a 2008 AT&T Faculty-Staff In-structional Technology Award for his online course, ACC 230, Survey of Accounting Concepts. The award, funded by AT&T, is an all-University award that recognizes best practices in the use of technol-ogy to enhance teaching and learning. Fred’s course includes financial and managerial accounting and is required in more than 20 undergraduate major pro-grams outside the Broad School. In 2007-08, an online section was offered each semester, and 426 students enrolled in it during the year, comprising 47 percent of the total course enrollment. Fred uses both of MSU’s course management systems, ANGEL and Lon-Capa, to deliver content, enable practice, facilitate student collaboration, enhance faculty-stu-dent communication, and assess performance. He records lectures with software that captures audio, PowerPoint slides, and hand-written tablet PC anno-tations. Students can watch these lectures repeated-ly on their computers and/or iPods. Randomization software is used to create a unique homework prob-lem for each student. In addition, an easily accessi-ble electronic bulletin board allows students to post questions and answers, helping to create a learning community among students and permitting Fred to communicate with many students on an “individ-ual” basis. Finally, the online section provides the flexibility of anytime/anywhere learning without any loss in effectiveness–for the past several semes-ters, online students have performed as well as tradi-tional students on common examinations.

D e p a r t m e N t N e w s



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Outslay Receives MSU Outreach Award for VITA work

Ed Outslay, Deloitte/Michael Licata Endowed Professor of Taxation was the college’s recipient of MSU’s 1st Annual Curricular Service-Learning and Civic Engagement Award.

Ed was named for the award by the Broad School for his 26 years of dedication to the Voluntary In-come Tax Assistance Program (VITA). In addition to his activities in the organization at the national level, Ed trains as many as 300 students annual-ly–primarily accounting majors–to help prepare tax returns for low-income residents and international students. Thanks to his efforts, Broad School stu-dents gain skills in tax preparation as well as a sense of civic responsibility.

The award was given to mark the 40th Anniversary of the Center for Service-Learning and Civic Engage-ment (CSLCE), a university-wide center jointly-ad-ministered through the offices of the Vice President for Student Affairs and Services and the Associate Provost of University Outreach and Engagement. The award was presented during the CSLCE’s 40th Anniversary celebration in early April.

Gupta and Outslay Receive PricewaterhouseCoopers Research Grant

As part of the PricewaterhouseCoopers (PwC) INQuires program, Professors Sanjay Gupta and Ed Outslay, along with doctoral student Mike Hopwood, received a grant for their research re-garding the corporate and stock market response to the FAS 109 component of the newly enacted Michigan Business Tax (MBT). PwC INQuires is a program for funding applied research. PwC initiated this program in the spring of 2007 to as-sist faculty and PhD students seeking to increase the knowledge base that contributes to the prac-tice of auditing and tax. This year over $395,000 will be awarded to 26 researchers. The MBT is a major change in Michigan’s corporate tax regime from a value-added tax to mainly an income tax that has important implications for corporations doing business in Michigan and that led to in-tense political lobbying. Sanjay and Ed’s research seeks to shed light on how corporations changed their financial accounting and reporting for the new legislation, and shareholder wealth effects of the new tax regime.

Departmental Faculty Teaching & Research Awards

Faculty Excellence in Research Award:Ranjani krishnan

Faculty Excellence in Teaching Award:Bruce Bettinghaus

Student Designated Awards

These awards were initiated by and voted on by the students in the undergraduate and MS programs:

Outstanding MS Program Teacher:kathy Petroni

Outstanding Undergraduate Teacher:Charlie Bokemeier

On September 9, 2008 the office staff had a surprise visit from the Pillsbury Doughboy. He was visiting campus for our annual Meet the Firms accounting career fair. On the left of the Dough-boy is Joyce Hengesbach, and on the right, Jane Lott. Just when you thought it was going to be another boring day in the office …

a special guest!

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This past May, the department co-sponsored with the American Ac-counting Association an accounting interoperability workshop entitled “Ontological Specification of Interoperability Semantics for Financial Information and Business Reporting Systems” in Arlington, Virginia. The workshop was funded by the National Science Foundation (NSF) under the auspices of an NSF grant awarded to William McCarthy.

The workshop included a group of 30 accounting, philosophy, and computer science scholars plus some of the more eminent practition-ers in the field of accounting systems and public reporting standards. Their purpose was to assess the research and practical directions for the next 10 years with regard to financial information interoperability and business reporting systems. The two most prominent practitioner

communities participating were those associated with the AICPA-sponsored standard of XBRL (eXtensible Business Reporting Language for accounting disclosure) and those associated with the United Na-tions sponsored standard of UMM (the UN Modeling Methodology for transaction-level ecommerce transactions). Areas of common interest and practice conflict for the various interoperability communities were identified, and theoretical directions for this important area of account-ing practice were enumerated for NSF funding consideration.

Broad School participants included Bill and several of his doctoral program graduates: Graham Gal (University of Massachusetts), Guido Geerts (University of Delaware), Cheryl Dunn (Grand Valley State Uni-versity), and Julie Smith David (Arizona State University).

NsF accounting interoperability workshop




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ClODE Update: Supply Chain Strategy Simulator and New research Projects

How do business executives learn to work in environments they haven’t encountered pre-viously? According to Vallabh Sambamurthy, Eli Broad Professor of Information Technolo-gy, because of the “turbulence and complex-ity” associated with information technologies and the digital enterprise, business leaders often find themselves confronting new envi-ronments and situations.

To assist executives in developing the mind-set, management processes, and experience to lead digital enterprises effectively, the Cen-ter for Leadership of the Digital Enterprise (CLODE) has developed a new simulation tool. The Supply Chain Operations Decision Envi-ronment (SCODE) is a training platform that allows executives to experience a global sup-ply chain environment. The simulation software developed by David Closs, the John H. McCo-nnell Professor of Business Administration and a senior researcher at CLODE, and MSU’s Aca-demic Technology Services allows executives and students to manage and experience glob-

al supply chain operations under a variety of changing conditions. Participants in a SCODE simulation start with initial data that establish the type of digital enterprise market or scenar-io in which they will be competing. The teams then decide how to design their supply chains by making decisions about sourcing, plant ca-pacity, marketing, distribution center location and capacity, and international operations. The SCODE simulation is essentially a “flight simu-lator,” allowing testing of supply chain strate-gies and decision making under a wide range of global environments.

CLODE has also successfully piloted two new research programs this year. The first project is titled Supply Chain Sustainability, and its focus is on examining and developing best practic-es for enhancing security and risk mitigation in global supply chains. With a greater concern over the resilience of supply chain systems to handle disruptions caused by natural disas-ters, accidents or sabotage, how should firms mitigate those risks while still keeping the

costs in control? Further, with concern about environmental sustainability, what practices and approaches should firms adopt in their supply chain systems? These questions will be the focus of research.

The second project is aimed at examining the phenomenon of Services Science from the perspective of supply chain and information systems research. This research will focus on how firms should design their systems for pro-curing and leveraging scarce human talent in a services enterprise, particularly in enterpris-es that demand high levels of expertise, such as consulting, medical practice, information technology services, and auditing, tax, and fi-nancial services.

Please refer any questions, comments, or ideas regarding CLODE to Fred Rodammer, director, at 517-355-0309; [email protected].

THE CENTER FOR LEADERSHIP OF THE DIGITAL ENTERPRISE

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Joe Anthony“Firm Size, Capita l Structure and Earnings Announcement Price Response,” The Journal of Applied Business Research.

Sanjay gupta“Do Firms Use Tax Cushion Reversals to Meet Earnings Targets,” with Rick Laux, Proceedings of the 2007 American Accounting Association Annual Meeting. “Shareholder Taxes and Corporate Phi-lanthropy,” with Dhammika Dharmapala, Proceed-ings of the 2007 American Accounting Association Annual Meeting.

Sue Haka“Does ABC Exacerbate Hold-up Problems in Buyer-Supplier Negotiations,” with A. Drake, The Accounting Review.

Chris Hogan“Evidence on the Audit Risk Model: Do Auditors Increase Audit Fees in the Presence of Internal Control Deficiencies?” with Michael Wilkins, Con-temporary Accounting Research.

John Jiang“Beating Earnings Benchmarks and the Cost of Debt,” The Accounting Review.

Marilyn Johnson“The Role of Tax Regulation and Compensation Con-tracts in the Decision to Voluntarily Expense Em-ployee Stock Options,” with Walt Blacconiere and Melissa Lewis, Journal of Accounting and Economics.

ranjani Krishnan“The Effects of Disseminating Relative Perfor-mance Feedback in Tournament versus Individual Performance Compensation Plans,” with Lynn Hannan and Drew Newman, The Accounting Review. “The Influence of Ownership on the Governance Role of Accounting Information,” with Leslie Eldenburg, Contemporary Accounting Research. “Perceptions about Quality of Life in a School-Based Population of Adolescents with Menorrhagia: Implications for Adolescents with Bleeding Disorders,” with A. Pawar, k. Davis, k. Bosma and R. kulkarni, Haemophilia.

Nancy lankton“Antecedents and Dimensions of Online Service Ex-pectations,” with Vance Wilson, IEEE Transactions on Engineering Management. “Factors Influencing Expectations of E-Services within a Direct-Effects Model of User Satisfaction,” with Vance Wilson, E-Service Journal.

Joan luft and Mike Shields“Accuracy in Judging the Nonlinear Effects of Cost and Profit Drivers,” with Anne Farrell, Contempo-rary Accounting Research.

bill McCarthy“ISO/IEC 15944-4: Business Transaction Scenarios– Accounting and Economic Ontology,” The Interna-tional Organization for Standardization.

Harrison McKnight“Transfer from Offline Trust to key Online Per-ceptions: An Empirical Study,” with kC Lee and Inwon kang, IEEE Transactions on Engineer-ing Management. “An Extended Trust Building Model: Comparing Experiential and Non-Experi-ential Factors,” with N. L. Chervany, in Emerging Information Resources Management and Technologies (khosrow-Pour, editor). “Initial Trust Formation in New Organizational Relationships,” with Larry Cummings and Norman Chervany, in Landmark Papers on Trust (Reinhard Bachmann and Akbar Zaheer, editors).

Ed Outslay“International Taxation,” with Norman kanter and Jonathan koschei, in Corporate Controllers Manual.

“Consolidated Tax Returns,” with Norman kant-er and Jonathan koschei, in Corporate Controllers Manual. “Social Security Subsidizes the Federal Government,” with James Wheeler, Jeffrey Gram-lich and Dennis Gaffney, Tax Notes.

brian Pentland“Routine Dynamics,” with Martha Feldman, in Handbook of New and Emerging Approaches to Management and Organization (Daved Barry and Hans Hansen, editors). “Ecological Models of Inter-Organizational Routines in Electronic Com-merce,” in Handbook of Information Technology in Organizations and Electronic Markets (Angel Sala-zar and Steve Sawyer, editors). “Narrative Net-works: Patterns of Technology and Organization,” with Martha Feldman, Organization Science. “Is-sues in Empirical Field Studies of Organizational Routines,” with Martha Feldman, Handbook of Organizational Routines, (Markus Becker, editor).

“Communities and Technologies,” Proceedings of the Third Communities and Technologies Con-ference (Charles Steinfield, Mark Ackerman and Noshir Contractor, editors).

Kathy Petroni“The Effect of Regulation FD on Transient Institu-tional Investors’ Trading Behavior,” with Bin ke and Yong Yu, Journal of Accounting Research.

K. ramesh“Response to the FASB Exposure Draft, ‘Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans: An Amendment of FASB Statements No. 87, 88, 106, and 132(R),’” Account-ing Horizons. “Response to the FASB Exposure Draft, ‘The Fair Value Option for Financial Assets and Financial Liabilities, Including an Amendment of FASB Statement No. 115,’” Accounting Horizons.

Pankaj Setia and Vallabh Sambamurthy

“Realizing Business Value of Agile IT Applica-tions: Antecedents in the Supply Chain Net-works,” with David Closs, Information Technology and Management.

Vallabh Sambamurthy, Harminder Singh and Matt Wimble

“IT and Firm Clustering: A Point-Pattern Compari-son of the Service and Manufacturing Industries,” Fourth Symposium on Statistical Challenges in Electronic Commerce Research.

Faculty publicationsThe 2007–2008 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.



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Kris Allee kris Allee joins the faculty as an assis-tant professor. kris earned his PhD from Indiana University in 2008 and obtained his MAcc and BS from Brigham Young University. kris was an associate econo-mist for the Feder-al Reserve Banks in

St. Louis, Mo. and Richmond, Va. He has taught math, financial accounting, and financial statement analysis. During the coming spring semester kris will be teaching financial statement analysis in the MS program. While at Indiana, kris was recog-nized as an excellent teacher, winning the Indiana University kelley School of Business Doctoral Stu-dents Association Teaching Award. kris’s research examines implied cost of equity capital estimates, the production and use of financial statements by small businesses, the determinants of investor so-phistication, and dividend tax capitalization. He has published research in Accounting, Organizations and Society, Business Horizons, and The Journal on Baseball and American Culture.

D. Harrison McKnightHarrison Mcknight was promoted to as-sociate professor this past year. He ob-tained a PhD in Management of In-formation Systems (MIS) at the Uni-versity of Minnesota in 1997 and joined our faculty in 2001. Harrison teaches in-

formation systems analysis and design at both the undergraduate and graduate levels and also a PhD-level behavioral research seminar. He primarily conducts field research focusing on trust-building and technical employee retention. Some of his work has been published in MIS Quarterly, Information Systems Research, IEEE Transactions on Engineering Management, and the Academy of Management Re-view. Harrison received the department’s Faculty Excellence in Research award in 2006-2007.

Vallabh Sambamurthy and Matt Wimble

“Systematic Risk and Information Technology,” with Elizabeth Gutowski and Brandis Phillips, Proceedings of the Third Midwest United States Association for Information Systems Conference (MWAIS). “The Impact of Information Technol-ogy on Industry-Level Efficiency: A Slacks-Based DEA Comparison of the Service and Manufac-turing Sectors,” with Anthony Ross, Fourth Sym-posium on Statistical Challenges in Electronic Commerce Research. “The Efficient Use of Infor-mation Technology: An Industry-Level Analysis,” with Roger Calantone, Workshop on Information Systems Economics (WISE).

Karen Sedatole“Improvements in the Information Content of Non-Financial Forward-Looking Performance Mea-sures: A Taxonomy and Application,” with Shane Dikolli, Journal of Management Accounting Research.

“When Formal Controls Undermine Trust and Cooperation,” with Margaret Christ and kristy Towry, Strategic Finance.

Susan Kattelus Susan kattelus joins the faculty as a visit-ing professor to teach principles of manage-ment accounting and government/nonprof-it accounting, and to assist with accredita-tion. She has a PhD and BA from Michi-gan State University and an MSA from

Eastern Michigan University. Sue recently retired from Eastern Michigan University where she was a tenured professor and department head. She is a CPA and CGFM, a frequent presenter at profession-al conferences, and has published in The Account-ing Review, Issues in Accounting Education, among others. She co-authors the marketing-leading text, Accounting for Governmental and Nonprofit Entities (McGraw-Hill/Irwin 2007) and is lead author for the 15th edition of the text.

Mike Shields“Effects of Organizational Process Change on Re-sponsibility Center Managers’ Revelations of Pri-vate knowledge,” with Casey Meredith Rowe and Jacob Birnberg, Accounting, Organizations and So-ciety. “A Case Study of an Actor Constructing an Institution: The Development of Management Ac-counting Research as a Global Institution,” in Total Quality in Academic Accounting–Essays in Honour of Kari Lukka (Markus Granlund, editor).

Harold Sollenberger“Financially ‘High Performing’ Credit Unions: Eval-uating Performance within a Strategic Financial Vision–Research Methods and Results,” Filene Re-search Institute. “Credit Unions Then and Now: Performance Analysis Shows Long-Term Trends,” with Colin Taggart, Bank Accounting & Finance.

“CU Ratios: A Twenty-Year Comparison,” with Colin Taggart, Credit Union Management.

Cheri Speier“Silver Bullet Junkies and the Codifiers That Love Them: Behavioral Roots Behind a Legacy of Bad Modeling and Use,” with Elliot Bendoly, Deci-sion Sciences. “Electronic Journals in Business Schools: Legitimacy, Acceptance, and Use,” with Daniel Wren, Susan Hahn and Jonathan Palmer, Journal of the AIS. “A Framework for Protect-ing Your Supply Chain,” with David Closs, Ju-dith Whipple and M. Douglas Voss, Supply Chain Management Review.

Isabel Wang“Private Earnings Guidance and Its Implications for Disclosure Regulation,” The Accounting Review.

Dick Weber“Compensatory Damage Awards For Nonphysical Personal Injuries: The Murphy Pendulum,” with Dennis Gaffney, Maureen Smith-Gaffney and Rich-ard Davis, The ATA Journal of Legal Tax Research.

New Faculty Faculty promotions


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Accounting Placementsbei Dong Dissertation: “The Discretionary Reporting of Noncontrolling Interests and Its Association with the Market Assessment of Credit Risk” Employment: College of Business, University of South Florida

Edward X. liDissertation: “Real Time Disclosure through Current Reports: The Case of Material Contracts” Employment: William E. Simon Graduate School of Business Administration, University of Rochester

Alexander WoodsDissertation: “Subjective Adjustments to Objective Performance Measures: An Empirical Examination in Complex Work Settings” Employment: The Mason School of Business, The College of William and Mary

Information Technology Management (ITM) Placementsbrandis PhillipsDissertation: “Information Systems Portfolio Management: The Impact of Portfolio Management Practices on Risk and Effectiveness” Employment: School of Business and Economics, North Carolina A&T University

Pankaj SetiaDissertation: “Performance Impacts of Complementarities Between Information Technologies and Demand Management Processes” Employment: Sam M. Walton College of Business, University of Arkansas

Publications and Paper PresentationsMichelle lau

“The Impact of Accounting Contextual Variables on Negotiator’s Perceived Risk, Trusting Behavior, and Negotiated Outcomes” (with Andrea Drake, Sue Haka and Fabienne Miller), presented at the 2008 AAA Annual Meeting in Anaheim, CA.

Harminder SinghSingh, H., Das, A., and Joseph, D. (2007)

“Country-Level Determinants of E-Government Maturity,” Communications of the AIS, 20(40), November 2007, pp 632-648.

Honorsge baiDepartment of Accounting and Information Systems 2007-08 Research Award

Dara MarshallParticipant, AAA Doctoral Consortium Participant, FASB Summer Scholar Program

Panjak SetiaParticipant, International Conference on Information Systems Doctoral Consortium Department of Accounting and Information Systems 2007-08 Research Award

Tyler ThomasRecipient, University Distinguished Fellowship

Matt WimbleDepartment of Accounting and Information Systems 2007-08 Teaching Award

Alex WoodsDepartment of Accounting and Information Systems 2007-08 Teaching Award

grantsMike HopwoodPwC INQuires grant to study “The Corporate and Stock Market Response to the FAS 109 Component of the Michigan Business Tax” (with Sanjay Gupta and Ed Outslay).

brandis PhillipsMSU Dissertation Completion Award

New StudentsEric Marinich has an MS in accounting from the University of Cincinnati and prior accounting work experience at several broker-dealer firms.

Joe Schroeder has an MS in accounting from Ball State and five years work experience with Ernst & Young.

Tyler Thomas has an MS in accounting from Washington State University where he was an adjunct faculty member while also working as a revenue auditor for the State of Washington.

EventsPricewaterhouseCoopers Summer Workshops are designed to give PhD students one-on-one and small group exposure to leading accounting researchers. In August, we hosted Professor Chris Ittner from the Wharton School at the University of Pennsylvania. Chris discussed managerial accounting research on the use and performance implications of non-financial performance measures, as well as the identification and measurement of value drivers.

Distinguished Scholar Presentations Under the leadership of k. Ramesh, we initiated the Distinguished Scholar Presentations this past year. These presentations are designed to provide an efficient forum for faculty and PhD students to address emerging research issues. In January Penn State’s Andy Leone discussed the use of web crawling programs to create unique accounting data sets. In March, MSU’s Dr. Jeff Wooldridge, a University Distinguished Professor from the Department of Economics, shared his perspective on self-selection models.

Promising Scholar ProgramAnother new initiative, the Promising Scholar Program (PSP) is designed to address the growing shortage of accounting professors. PSP brings some of our department’s top MS students and the Broad School’s top MBA students together for half a day, to learn more about careers in academic accounting. Initiated by karen Sedatole, the program includes a presentation about academia, a question-and-answer session, a research seminar, and lunch with accounting faculty.

Doctoral program News

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The Department Partners with the MACPA for the High School leaders Conference

The Michigan Association of Certified Public Accountants (MACPA) and the Department of Accounting and Information Systems welcomed Mich-igan high school juniors and seniors to explore the unlimited career pos-sibilities available in business and accounting at the MACPA High School Leaders Conference held on February 12, 2008. This is the third year the Broad School has been involved in the event. Other event partners and sponsors include the National Association of Black Accountants, Deloitte, Ernst and Young, kPMG, Plante & Moran, and PricewaterhouseCoopers. Similar events are also hosted at Eastern Michigan University, Oakland University, Wayne State University, and Western Michigan University. Fourteen Michigan high schools participated in the MSU event.

Many CPAs say they made their career choice in high school and this innovative conference provided high school students and educators with an accurate and realistic representation of the profession. Throughout the half-day event, students had the opportunity to hear from a variety of ac-counting professionals. In addition to providing valuable information about the accounting profession, the event featured a segment on financial literacy. The 30-minute session focused on the American Institute of Cer-

tified Public Accountants’ “Feed the Pig” campaign to educate students on how to effectively save money. The pig, Benjamin Banks, even made an ap-pearance and participants had fun taking their picture with him.

Faculty hams it up with Benjamin Banks. Pictured are (left to right) Gail Sparks Pitts from Oakland University and current chairperson of the MACPA Board of Directors, Lynne Zelenski, Benjamin Banks, Charlie Bokemeier, and Harold Sollenberger.

Each fall a campus-wide effort is launched,

known as the Community Charitable Cam-

paign (CCC), to raise funds for the Lansing-

area United Way. The CCC leaders strive for

a high level of participation by members in

each administrative unit. The department

achieved “Gold” status and came in sec-

ond among all units on campus (350) in the

CCC. The department had an 86 percent

participation rate and gave $12,200.

For the past three years, the department has

generated the second highest total contribu-

tions among all campus administrative units.

For the past several years, our department,

the Administrative Information Services (the

University IT folks), and the Libraries have

shared the first three slots. But what is espe-

cially notable, is that our two main competi-

tors have 3 and 4 times our number of FTEs

to bring to the table. Now, there are linkages

in this warfare. Cliff Haka, director of Librar-

ies, is our own Sue Haka’s husband. And, the

Director of AIS is a close friend of Harold Sol-

lenberger, our department’s lead dog in the

CCC race. We have earned our “Gold” status

for participation, have exceeded our contri-

bution target, but have not yet achieved the

“No. 1” spot in total giving. Maybe next year!

(These are the same kind of intrigues that

many of you enjoy in your workplaces!)

Department is recognized for Charitable Contributions

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Accounting alumnus Russell E. Palmer (BA

1956) has been selected to receive the Dis-

tinguished Alumni Award from Michigan

State University. The Award is presented an-

nually to a select group of graduates who

have distinguished themselves by attain-

ing the highest level of professional accom-

plishment while demonstrating exemplary

personal integrity and character. Russ is

chairman and CEO of The Palmer Group,

a corporate investment firm. He served as

dean of the Wharton School for seven years

and prior to that he served for 10 years as

managing partner and CEO of Touche Ross

and Co. (now Deloitte and Touche). He be-

came CEO of Touche Ross at age 37, the

youngest person ever to attain that position

in a “Big Eight” firm.

An active philanthropist, Russ has been in-

volved with many charita ble organizations,

including serving as chairman of the New

York chapter of the Salvation Army. The

Russell E. Palmer Charitable Trust provides

leadership, support services, education-

focused programs, scholarships and finan-

cial support to West Philadelphia public

high schools and an array of local and other

non-profit organizations. He has served on

boards of several companies, educa tional

institutions and non-profit organizations

and is a trustee emeritus of the University

of Pennsylvania. He has given generous-

ly to MSU and the Broad School, including

the Russell E. Palmer Endowed Professor in

Accounting, the Eli Broad College of Busi-

ness Building Fund, a charitable bequest to

establish the Russell E. Palmer Scholarship

Fund, and contributions to MSU president’s

discretionary fund.

Retired faculty member Al Arens and his

wife Irene have been selected to receive the

Philanthropist Award from Michigan State

University. The Philanthropist Award is pre-

sented annually to a select group of individu-

als or organizations with a proven record of

providing major, ongoing financial support

and leadership to the University. Al and Irene

have demonstrated outstanding philan-

thropic responsibility to MSU and their gen-

erosity has had a major impact on the Univer-

sity and our students. They have supported

the Kresge Art Museum, WKAR Radio, MSU

Safe Place, a Faculty Folk Endowed Scholar-

ship, and established the Arens Scholarship

at MSU to finance educational opportunity

for single parents pursuing careers in busi-

ness, nursing and education. Al and Irene

have also set up the new Al Arens Endowed

Fund for Teaching Excellence supporting the

use of teaching assistants in the introduc-

tory accounting courses. This fund was es-

tablished to honor Al upon his retirement,

and true to his generous nature, he agreed

to provide $125,000 in matching gifts. The

award was presented to Al and Irene this past

homecoming weekend at the MSU Alumni

Association Grand Awards Ceremony.

al and irene arens receive philanthropist award

palmer receives Distinguished alumni award

Russ and Wendy Palmer

Al and Irene Arens



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Susan Work Martin, a graduate of the Broad School (MBA 1976,

PhD 1988), was named President of Eastern Michigan University

(EMU) in May of this year. Dr Martin officially took the reins of EMU

on July 7th.

Since July 2006, Sue has been provost and vice-chancellor of aca-

demic affairs at the University of Michigan–Dearborn.

The majority of Sue’s higher education career was at Grand Val-

ley State University, where she taught and published as profes-

sor of accounting and taxation. Sue served as director of the

master of taxation program, director of international business

programs, and chair of the accounting and taxation department.

In June 2001, she joined the provost’s office and served in roles

as assistant, associate, and executive associate vice president of

academic affairs.

Before GVSU, Sue was deputy state treasurer for the Bureau of

Local Government Services for Michigan from June 1981-June

1984. She also was the commissioner of revenue for the state of

Michigan from 1985-1988 (at the same time she was earning a

PhD from MSU).

Sue is chair of the State of Michigan Hospital Finance Author-

ity, originally appointed by former Gov. Blanchard and then re-

appointed by Governors Engler and Granholm. She also was

appointed by Gov. Granholm to serve as her ex-officio represen-

tative on The Detroit Medical Center Financial Emergency Task

Force in 2003-2004.

For more on Sue’s appointment and the challenges she faces go to:

http://www.emich.edu/focus_emu/061008/presidentprofile.html

Congratulations Sue!

a l u m N i N e w s

Carolyn M. Callahan, a 1985 graduate of our PhD program, has

been selected as one of the two new faculty members nationally

to represent the academic community on the Financial Account-

ing Standards Advisory Council (FASAC). She will serve a four-year

term beginning this year.

The United States Securities and Exchange Commission established

the FASAC in 1973, in coordination with the Financial Accounting

Standards Board (FASB). The FASB sets up the generally accepted

accounting principles to which U.S. corporations must conform. The

primary function of the FASAC is to advise the FASB on issues re-

lated to projects on the board’s agenda, new agenda items, project

priorities, procedural matters, and other matters as requested by

the board chairman.

Members of FASAC are drawn from the top ranks of chief execu-

tive officers, chief financial officers, senior partners of public ac-

counting firms, executive directors of professional organizations,

and senior members of the academic and analyst communities.

We are proud to have a graduate of our doctoral program serving

on this prestigious council.

Callahan is currently the Doris M. Cook Chair in Accounting in the

Walton College at the University of Arkansas. She has a long his-

tory of national professional service to the American Accounting

Association. In 2003, she received the American Association of

Higher Education’s Black Caucus Harold Delaney Exemplary Ed-

ucational Leadership Award. In 2005, she was awarded a presti-

gious American Council of Education Fellowship.

Congratulations Carolyn!

Doctoral Alumna is Named President of Eastern Michigan University

PhD graduate to Serve on FASAC

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External Advisory board Members 2008-2009

Matthew becker, BDO Seidman, LLP

Denise Essenberg, Pricewaterhouse Coopers, LLP

Jim gibbons, kPMG, LLP

laura Hirst, State of Michigan

linda Hubbard, Carhartt, Inc.

Kathy Jenkins, Jenkins Magnus Volk & Carroll PC

Phyllis Knight, Champion Enterprises, Inc.

Mike Marcero, PricewaterhouseCoopers, LLP

Matthew McColl, Ernst and Young, LLP

Teri Myers, MTS Health Partners, L.P.

bob Palmer, Plante & Moran, PLLC

Eric ringle, Deloitte & Touche, LLP

Clare Silbert, Ernst & Young, LLP

Chris Sugden, Edison Venture Fund

Kevin Voigt, kPMG, LLP

Julie Wahrman, Deloitte & Touche, LLP

David Winclechter, Financial Consultant

Pat Withrow, The Dow Chemical Company

Jim Young, Northern Illinois University

The External Advisory Board provides invaluable guidance, feedback and advice to the department. At the fall meeting board members had the opportunity to meet our new department chairperson, Sanjay Gupta. Besides getting apprised of department news and issues, the fall meeting served as a “getting to know you” event. Sanjay had the opportunity to meet board members and learn more about how the board has operated, and board members learned more about Sanjay’s ideas and initial goals for the department.

During the spring meeting the board was put to work reviewing and providing input to our accounting curriculum as it relates to international accounting standards and issues. As part of this process, members had the opportunity to learn about MSU’s and the Broad School’s international efforts and talk with accounting students who have had study abroad experiences.

We would like to extend our gratitude to Board members completing their service this past year. A special thank you goes out to Mike Agosta, Paul Arment, Paul Balas, Marty Clemens, Jeff Dobbs, Steve Terry, and Brad Virkus for their commitment to Michigan State University and invaluable input to the department.

External Advisory Board members at the fall 2007 meeting. BACK ROW (left to right): Brad Virkus, Chris Sugden, Marty Clemens, Mike Agosta, Ed Outslay, Steve Terry, Bob Duncan, Paul Arment, Matt Becker, Jim Gibbons, Eric Ringle, Sanjay Gupta, Paul Balas; FROnT ROW: Lynne Zelenski, Matt McColl, Denise Essenberg, Pat Withrow, and Kathy Jenkins.

External Advisory Board



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Mike Licata: Reflections by Ed OutslayThis October marks the 10th anniversa-ry of the untimely passing of our good friend Mike Licata from cancer. Mike graduated magna cum laude with a BA in Accounting from our program in 1973 and joined Haskins & Sells (now Deloitte) in Detroit, eventually becom-ing Partner-in-Charge for Tax Services. In many ways, Mike was the quintessen-

tial American success story, a child of Italian immigrants who earned every penny for his college education working in a Chevrolet assem-bly plant and married his high school sweetheart, Jill. I imagine he thought back to those days on the assembly line many years later as he helped General Motors implement some of the most innovative and creative (and perfectly legal!) tax planning strategies at the time.

Mike also was the quintessential Spartan, a person whose blood ran as green as anyone I have ever met. He was as passionate in his sup-port of the accounting department and business school as he was in his support of the athletic teams. As head of recruiting at MSU, Mike set in motion the strong financial commitment we continue to receive from Deloitte alumni and the Deloitte foundation annually. Led by Nancy Vella, Mike’s good friend and colleague, the Detroit office created the Mike Licata / Deloitte Endowment Fund, which supports professorships held by kathy Petroni and myself, and scholarships for accounting students. Shortly before Mike’s death, then-Dean James Henry honored Mike for his contributions to the business school by naming the recruiters’ lounge in the Lear Corpo-ration Career Services Center after him, an event his wife Jill recalls as one of his proudest moments.

Those of us who were fortunate to know Mike personally remember him for his commitment to excellence and integrity. While he de-lighted in sharing his tax planning ideas with our tax students, he always emphasized the importance of knowing where the line be-tween tax avoidance and tax evasion was. I know he would have been disappointed in the tax profession’s involvement in tax shelters that occurred in the years following his death.

We take great pleasure in seeing Jill every year at the Deloitte faculty dinner and sharing our stories and remembrances of Mike. It has been said that like the stars, there are people whose remembrance gives light in this world, long after they have passed away. We in the accounting department continue to be the beneficiaries of Mike’s light, and we thank Jill and his colleagues at Deloitte for carrying on his legacy.

a l u m N i N e w s

Three generations of MSU Accounting graduates

We knew that we had two generations of Oberst family members as alumni of our department, but last fall while chatting with Larry Oberst we learned that his father was also an alumnus. Robert k. (Bob) Oberst graduated with an accounting degree from Michigan State University in 1952, his son, Larry, graduated in 1979 with his BA in accounting and an MBA in 1980, and Larry’s son, David, graduated with his BA in 2005 and his MS in 2006.

In reflecting back on the changes over the years, Bob says by far the biggest change has come in technology. “It was a tedious job prepar-ing a trial balance using multi-column worksheets and the old reli-able 10-key adding machine. Most of our reports and analyses were prepared manually using a number 2 pencil and accounting paper.” Larry agrees with his Dad, but also thinks there have been signifi-cant changes in complexity of the profession, “The complexity of the profession and the related rules and regulations has also increased significantly (when I graduated, we were only up to SFAS 33).”

Both Larry and David were teaching assistants and even had some of the same professors which David said, “felt pretty weird.” Larry fondly remembers having Dewey Ward for the first of many audit-ing classes he would teach in the Broad School. As an assignment, they had to measure the coal pile at the University’s power plant. The winner received a fifth of Jack Daniels whiskey–another indica-tor of how times have changed!

Bob is now retired and lives in Jackson, Michigan. Larry is a partner with BDO Seidman in Grand Rapids. David is a senior level auditor for Deloitte in Chicago.

The Obersts (from left to right: David, Bob and Larry) posed for this picture when they were together for Christmas 2007.

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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, 2007–June 30, 2008*

Brian & Laura Ambrose

Paul & Brenda Balas

William R. & Carol F. Brink

Eli & Edythe Broad

keith & Peg Burns

Martin Louis Clemens

Bill & Sue Ann Crowley

Richard J. Fineberg Richard W. & Nancy J. Heiss

Mark & Vicki Matthews

Richard D. & Deborah L. Paterson

Robert W. Schaberg Glenn & Susan Schafer

Robert S. Siegel Bud Smith John & Cathy Walsh

Mr. & Mrs. Jeffrey k. Willemain

kevin & Jeanine ClarkDonna L. CoallierMr. Hugh HickokEd & Carol Lake

Robert OlsteinMrs. Donald L. NeebesRoger M. & kim L. PitzerDonald J. Puglisi

Jan & Michael Crooch

NOT PICTURED:

Richard & Marlene RitchieDr. & Mrs. Ray S. Schmidgallkenneth F. & Elizabeth F.

Sommer

Gary C. & Margaret A. ValadeMr. & Mrs. Brian J. Van

ElslanderDavid & Holli Winclechter

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



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Stephen & Nancy Vella

Scott & Patricia Eston

Mr. Michael L. & Mrs. Lisa A. Herrinton

Matthew L. McCollMichael kennedy

Chris & kim Brothers

Craig & Vicki Brown

Hugh & Joan Hoyt

Bill & Linda Stewart

Randall & Margaret Tavierne



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Thomas & Nancy Church

Gregory & Judith Coursen

George E. Borel Mr. Paul J. Brazda & Mrs. Linda A. Brazda

Daniel & Bette Church

Mr. Mark E. & Mrs. Marcia A. Hooper

Mr. Paul E. & Mrs. Tracy A. Lindow

Robert G. & Carol A. May

Recognizing the major contributors to the Department of Accounting and Information Systems

CONTRIBUTORS OF $2,500 TO $4,999 July 1, 2007–June 30, 2008*



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Brad & Cheryl Stevens

James & Sharon Bradow

krishnamoorthy Ramesh & Maria S. kang

Anthony C. & Rachelle E. FlanaganRyan HorningRobert & Christine LauxJeff & kristen SmithDoug & Shelly Thomas

NOT PICTURED:

James H. & Susan L. Wall

Scot & Elisabeth Morrison

Edmund & Jane Outslay

Mr. & Mrs. Raymond Spinola

CONTRIBUTING COMPANIESAccenture Foundation, Inc.Auto-Owners Insurance

CompanyBill’s PillsCarabell, Leslie and CompanyThe Chartered Institute of

ManagementChrysler Corporation FundComerica, Inc.Crowe Chizek & Company LLCDTE EnergyDeloitte & Touche LLPDoeren Mayhew & Co., P.C.

The Dow Chemical CompanyEaton CorporationEli Lilly and Company Ernst & Young FoundationGeneral Mills FoundationGeneral Motors FoundationThe Gerber FoundationGrant Thornton LLPJ.P. Morgan Chase FoundationJanus FoundationkPMG FoundationLeo Burnett Worldwide, Inc.

MTS Systems CorporationMarathon Ashland Petroleum LLCMicrosoft CorporationNorthwestern Mutual Life

InsurancePfizer FoundationPlante & Moran, PLLPPricewaterhouseCoopers LLPShell Oil CompanyVerizon FoundationVirchow, krause & Company,

LLP

William A. & Jane R. Dittmore

James & Melissa Gibbons

Sue & Cliff Haka Mr. & Mrs. Howard T. Hoover

Enoch & Nancy Jen Jerry & Rose Jonckheere

Thomas J. Linsmeier & Frances J. Malloy

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Recognizing the major contributors to the Department of Accounting and Information Systems

CONTRIBUTORS OF $1,000 TO $2,499 July 1, 2007–June 30, 2008*

Megan AndersonLaurence and Jean AppelJennifer and Ryan BarishJohn BebesMr. David B. BrowerTimothy and Jessica BurkhardtAlexander CalderoneLarry CooleyMelanie DaweGlen DonovanMr. and Mrs. Robert DriessnackTimothy and Susan DumondChristina and Michael Ferland

Douglas P. Bajor Judy & E. F. Baskin

kathryn & Thomas Benesh

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

Eric J. Hespenheide Randy A. koning

Joseph Angileri and Julie Douse-Angileri

Janet G. AsheCharles CiuniWilliam and Tami CoynePeter DahlbergH. Jeffrey DobbsGordon and Shirline DurkeeRon and Eileen EcksteinWilliam ErkenTimothy Forresterkendall and Jacquelyn FoxStephen and Sharon GarciaWolfgang E. GieseckeThomas and Amy GrahamJohn and Beth GrantStephen and kimberly HarfenistJoseph and Amy HogueWilliam and Carolyn kinneyJack koenigsknechtJill Dempster LicataMichael Licata, Jr. Thomas and Catherine LuccockDaniel C. MaherMike and Laura Marcero

Scott MartinekNancy A. McCortTerrence and Elizabeth Meterkimberly OberstLarry Oberst FamilyMr. and Mrs. James P. O’RilleyDr. and Mrs. Ronald J. PattenVincent and Patricia PavlakLawrence and Susan PerlinJohn R. and Mary Ann PipskiNancy Piwonkakatherine and Brock PlumbMr. Peter PrychodkoBob and Joni ReinhartTheresa R. RizikDaniel RozemaRoland and Josephine SalmonsonPeter J. and Diane ScribnerClare and Richard SilbertBrian SullivanLowell and Susan ThompsonCraig and Dawn ThorntonGeorge and Patricia WalshBrian Wilson

NOT PICTURED:

Charles & Patricia Roy

Janet & Michael Shields

Harold & Lois Sollenberger

William & Wendy White

Glenn A. Test Roger & Laura Wilkinson

Rick & Irene Tanghe

Sharon FilasMichael and Tricia Fosterkelly FrancisBrian and Pamela GibsonSusan GillDianne GroshekJim and Laurel HarrisDavid and Lori HelisekSusan and William HermannTammy and Archie HoebeckeJoan HoeferFrederick HondzinskiJoseph and Lenora kauffman

Sean and Margaret keenanJeffrey kingMariann kriegerDouglas and Tina krizanicDavid and Jeanne McCartneyJudith A. MurphyDavid NathanRichard and Lori NoechelBrian O’ReillyMr. Jack L. OttoCharles and Patricia PainterRobert and Martha PalmerTom and kathy Petroni

Robert and Teresa PollockLogan PowellLarissa and Eric Ringlekaren and kevin SedatoleErik StrangRobert and Beth StricofScott and kerri Szalonyken and Ann ThelenJennifer and kenneth WilliamsNorman and Marilyn WiseRobert Woolley, Jr.Han Sang Yi

$500-$999




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Richard L. Evans

George & Nancy krull

Jeffery Zaleski

Michael & Michele Swartz

Mark & Theresa Redman

Matthew k. & kristy J. Becker

Randal Elder & Beth Binkwoski

Sanjay & kiran Gupta

Yanyan Wang Jeff & Nancy Mengel

ken & Stacy Stanecki

Xuefeng Jiang



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$250-$499Mr. and Mrs. Seymour AdlerMatthew and Connie AndersonJoseph and Madeline Anthonykenneth Banka and Theresa kluk BankaAnn Beaujean and Steven ClarkJill BerryDennis and Terry BogardDouglas and Peggy BohrerMichael S. BrackenridgeJudson and Wendy CaskeyRichard CzarnotaTimothy and Linda DankoffBruce DelbecqSteven DiMambroRenee DoryWilliam DouglasPaul and Angela Edwards

Jennifer Eppert Hoover and Randall Hoover

Daniel EpsteinPatricia Essex and Mark AsmanV. Pat EstonWilliam and Joan FalkEric and Lisa FormbergGeorge A. and Diane M. Foxkatherine and Jeffrey FreyGeorge and Daphna GansSeverin and Sharon GrabskiTamra and Gregg GreenwoodScott and Renee HavemanScott Heydens and kerri LumettaRichard and Donna HoeferBrian and Melissa Howell

Laurie kipp klecha and Michael klecha

Michael J. and Marilyn knilansRobert and Jennifer kosalkevin and Deidre krauseJoseph LengletStacy and Robert LongAlan and karen MaxeyHerb and Mary Ann McLachlanJeffrey and Marilee MillerRex and Lisa MillerMary Moeller Fineis and Jeffrey FineisJim MonnierBenjamin NeuhausenMr. and Mrs. Thomas J. Nobel, Jr.Jay and Gail PearlsteinDavid A. and kay A. Pedersen

Sheila and Vern PowellMelissa ReavesSusan ReeseGerald SchemidtJoseph and Patricia SchetzJamie Simpsonkelly Sinclair-Springer and Randall

SpringerHarold SoperBarbara and Joel ThompsonGail and Freidrich Von RuedenMichael and Suzanne WanstreetJames WardRichard WeberMichael L. and Debbie WiegandJean and Donald YoungHuifang Zhu

$100-$249Marcia AlbertsRebecca AshburnCorinne Asher and Lester WeitmanPamela BarberDaniel Bargykaren Bauman and Richard BartramPhilip and Diana BearLauren BeckerSandra and Bryan BenjaminJeffrey BennettElizabeth BlazoGregory BoehmerRoselyn BonseJames and Julia BroganTammy BrunerJonathan BrussJacqueline BuchholzMargarita BusciglioScott and kathryn CaranoMichael CarmodyDana CataniaCynthia ChmuraBranden CollinsAntonio and Jodie CosbeyRichard and Dolores CzarneckiDouglas DanielsRyan DarichukRobert J. DavisonScott DawsonMichael DeanPatricia DerryMichelle DeSchryverDennis and Sherry DieboltThomas and Evelyn DiLisioJohn DobrowolskiNancy and James Dykhouse

Marvin and Marilyn EckerleBrock ElliottMary EvansG. FarwigEric Fishtahlerkatherine FlemingJohn FraasRonald and Linda FrechenJoseph GaglioPaul GibbsLaura GodlewskiLucas Greyerbiehl and Elizabeth

DoughertyMindi Harrkenneth Harvey and Joanne Harvey

AmisStacey HicksLisa HopcianHui Fen Hsu Bellkeiko IkehataJeffery and Patty IrwinBarbara JacksonTimothy JacksonAlicia and Jamie JanischMr. and Mrs. Larry JeffersJeremy JohnsonBradley and kathryn Joneskatherine JulienStephen kazmirowskiAmanda kennedyGlen and Jayne kleinMr. and Mrs. M. Donald kowitzAndrew kramerJarret kruseCathy and keith kunkelRichard kuzich

kristi and Tuan LeLaurel LeclairRichard and Martha LobdellMia LombardiPaul LoredoSarah LoweBenjamin LuedekeJames and Stacey Mahoneykeith MannorMatthew ManoskyJohn and Charlotte MarquardtJohn MayJames and Nancy Mckeownkyle MckeownDebra McNamaraNancy and Joseph MeconiWalter and Joyce MooreLauren NaluBrian and Robin NorredDavid OberstAlan F. OlsonNathan and Molly OttoJennifer PatronaDenise and Steven PattersonRoy A. and Elaine R. PentillaBradley PodrazaShannon and Sara Radgenskathryn RadoJeffrey RadtkeJames and Suzanne ReinhartDaisha RhoadesPatricia Rich and Jeffrey HartzelRyan and Jacqueline Rieglingkenneth RiskoDaniel RockwoodJames and Teresa Roestel

kenneth RosenzweigMarla RothschildMichael ScheetzAnn and Daniel SchwarkLarry SeeseAmy SelvigIvan and Joanna ShawBradley and Rebecca ShortridgeSteven ShultsParvez and Becky Sopariwalakristin SophieaDaniel SporkaLaura and Glenn SteffensJustin Stilwillkevin Stockmaster and Angela CottoneGregory and Susan TaylorDavid ThompsonJohn and Maureen TierneyGordon ToyzanJennifer Van DalenGregory VankirkMichael VehlewaldBarbara VetulaMr. and Mrs. Arthur F. Vinekatie VivianoMr. and Mrs. Jon A. WalgrenGregory and Patricia WalthornSteven WedgeCarolyn WelchMarian WeldonTracy WilesRobert WilsonCristina WuerthJennifer YoungVictoria and kent YoungDon and Rosemary Zehnder

OTHER CONTRIBUTIONSJoseph BasilicoCatherine and Jeffrey BonnesSteven and Carol BorsumJames and Marion ChapmanChristopher CrydermanDanielle DilibertiJason DistelrathTimothy DixonThomas DuckerGeorge and Laura Ferns

Julie GeigerJonathan GreenDoris GriffithErnest and Diane HansonDavid HillGerald and Joyce HoughAndrew and Heidi kernJoanne klainJoshua kramerMelanie krygier

Douglas and Marlene LaingPhilip Latorkevin LoudonRyan MackeCarl and Sheila MandelbaumJonathan McCarthyBarbara and Christopher MobloErik OlsonJessica ReidyWilliam and Dorothy Roth

Christopher and Michelle RutowskiHarvey and Bonnie SchroederMr. and Mrs. Louis SiciliaJennifer SzottTroy TeschkeHenry and Gayle Van Eekathryn VanderMolenJacqueline VenierHsuan WangAndrew Yang



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Printed on paper made with 10% post-consumer waste.

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 2008

Brian M. AmbroseGlobal Vice Chairman

Vice Chairman–Strateg y & InternationalKPMG LLP

New York, New York

The department of Accounting and Information Systems is proud to announce that Brian Am-brose is our alumnus of the year for 2008. Brian was a founding member of the Department of Accounting and Information Systems External Advisory Board from 1994-1998. Over his ca-reer, Brian has also been very active with not-for-profit/charitable organizations having served as a board member and treasurer of the Home Health Agency Assembly of New Jersey, the Passaic Val-ley Visiting Nurse Association, the Passaic Val-ley United Way, the Japan America Society of St. Louis, the Irish American Chamber of Com-merce of St. Louis, and most recently as treasurer and member of the board of trustees of kirk in the Hills Presbyterian Church.

Brian graduated from Michigan State University in 1977 and joined the Detroit office of kPMG. In 1980 Brian transferred to the New Jersey practice where he was elected into the partnership in 1989. In 1990, Brian was transferred to the St. Louis of-fice, at the request of a client, where he held the po-sitions of Partner-in-Charge of the Manufacturing, Retailing and Distribution Practice, Managing Partner and then National Industry Director of Automotive. Brian was transferred back to Detroit in 1997 where he was the Executive Partner–In-dustrial Markets and the Lead and Engagement Partner for the US operations of DaimlerChrysler Corporation. Brian served on the kPMG Ameri-cas and US Board of Directors from 2004-2007. In his current role as Global Vice Chairman, Brian travels extensively around the world and serves on the China, India, Vietnam and Cambodia and other kPMG International Boards.

In addition to his membership in the AICPA and MACPA, Brian is a member of the Detroit Econom-ic Club, the Detroit Athletic Club and Forest Lake Country Club.

Brian, his wife Laura, who is also an MSU alumna, and their two daughters, Sarah and Jessica, reside in Troy.

Documents

The Eli Broad College of Business DepartmeNt oF … · Broad School Department of Accounting and Information Systems 1 ... lege’s most recent balanced scorecard ... Broad School