The Eli Broad College of Business
Department of Accounting a nd
Infor m ation Systems
Michigan State University
a legacy of excellence
Fall 2006 Newslet ter
In This Issue
A Tribute to Al and Dewey
Student Awards and Accomplishments
Faculty Awards and Achievements
Significant Donors
Chairperson’s
Letter
Department Chairperson:
Kathy Petroni
Newletter Editors:
Bruce Bettinghaus
Lynne Zelenski
Department Office:
N270 Business College Complex
East Lansing, MI 48824
(517) 355-7486
www.bus.msu.edu/acc
Greetings:
As many of you are aware, the chairperson of our department and the Russell E. Palmer Endowed Professor, Tom Linsmeier, left this past summer to become a member of the Financial Accounting Standards Board. His term on the FASB was effective July 1, 2006 and runs through
June 30, 2011. Tom made many contributions to our department during his seven years on our
faculty. He taught Intermediate Financial Accounting, Financial Statement Analysis, and some
PhD seminars. One of Tom’s most notable accomplishments as our chairperson was the creation
of the E&Y Communication Center. Under his guidance the Center has become an important
asset utilized regularly by our MS Accounting students to improve their oral and written communication skills. Tom’s vision, strong leadership, and passion for accounting will be missed by
faculty, staff, and students at The Eli Broad College of Business. Fortunately, Tom’s blood appears to run a bit green so he will be a Spartan for many years to come! His son, Peter, graduated this past spring from MSU, and his daughter, Rachel, is currently a freshman at MSU. Tom
has also generously agreed to continue to contribute to our mission by returning to campus to
meet and talk with students and faculty about the activities at the FASB. The Department extends their very best wishes to Tom and his wife, Fran, as they embark on this new adventure.
Congratulations Tom!
Upon Tom’s departure, I became the Acting Chairperson of our Department. We will be searching this year for a more permanent replacement. But as you will see on the following pages, we
have a talented faculty, a very supportive and capable staff, and hardworking students, so my job
as Acting Chairperson should be a pleasure.
Al Arens and Dewey Ward are featured on the cover of our newsletter to honor their official retirement from the University this spring. Imagining the Broad School without the two of them
is a difficult concept for many of us to accept. I recall when I was an undergraduate accounting
major at MSU in 1980. I had registered for Auditing (in the pit!) and thought that the class was
to be taught by Al. I was thrilled because of his outstanding reputation among students. A day or
two before classes started I was disappointed to learn that there had been a schedule change and
Dewey would be teaching the class. Well, after the first day of class I realized that whether I had
Dewey or Al, the class would be an excellent one. While taking the class and observing Dewey’s
passion for his job, I decided that someday I would become an accounting professor just like him.
For this, I will always be grateful. I imagine that most of you reading this letter also are grateful
to Dewey or Al and learned a great deal from them. Their physical presence will be missed but
their “Legacy of Excellence” will live on!
I hope you enjoy the newsletter. If you have any concerns or issues that you would like to share
with me, you can contact me at petroni@msu.edu.
Best Regards,
Kathy Petroni
Deloitte/Michael Licata Professor of Accounting
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
Alv in A. Ar ens
PricewaterhouseCoopers Professor of Accounting, 1968–2006
Department of Accounting and Information Systems
Al’s retirement from the Broad School will bring a major change in his life
and for MSU. Arens joined the Spartan faculty in 1968, coming from the
University of Minnesota and earlier from the Minnesotan-country farmlands. There was a Garrison Keillor-esqueness about him before any of us
knew about Lake Wobegon. This year is Al’s 39th year of service to Michigan State—a truly distinguished career that has impacted the accounting
profession world wide.
Al has been a leader on campus, across the academic accounting field, and within the practicing audit profession. Al has taught and preached
accounting—mainly auditing—for his entire
career here. Early in his time at MSU, Al was
selected as one of five national auditing educators to become the first of the Price Waterhouse
Auditing Professors. This was Michigan State’s
first named accounting professorship and a true
honor for him and us.
He is perhaps best known for his leadingedge auditing text book, introduced in 1976
and now in its 11th edition—Auditing: An
Integrated Approach. There are International,
Canadian (English and French), Australian,
Spanish, southeast Asian, Indonesian, Russian,
and probably even more editions in its over 30
years of existence. Hundreds of thousands of
auditors were introduced to their profession
from Al’s ideas, explanations, examples, and
insights. It is the most widely-used auditing
text in the world. In a very pragmatic mode, he
and his close colleague Dewey Ward have contributed significantly to students’ knowledge
of basic accounting systems through their Systems Understanding Aid and its various versions and software adaptations. Different users
view this work as an auditing tool, a financial
accounting practice set, a basic systems exercise, and a learning assessment mechanism. It
is used in an amazing array of situations. Al
and Dewey expect to continue work on these
for years to come.
Al has also been active in the academic accounting profession, particularly in his dedication to the American Accounting Association
(AAA). He has served on countless committees and task forces and in many national offices—being particularly influential in the
creation of the Audit Section. He ultimately
rose to be President of the AAA in 1990–1991.
He is the fourth Broad School faculty member
to serve as AAA President, after Charlie Gaa,
Herb Miller, and Don Edwards.
continued on page 4
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
>>>
Alv in A. Ar ens
PricewaterhouseCoopers Professor of Accounting, 1968–2006
Department of Accounting and Information Systems
<<<
continued from page 3
Professionally, Al has put into practice his academic theories and views and has been active
on many fronts, including:
•years of teaching in new and experienced
auditor training programs for many midsized and national CPA firms;
•service to the Michigan Association of
CPAs in continuing education and committee activities;
•appointments to American Institute of CPAs
committees, included membership on its
very prestigious and professionally important Auditing Standards Board;
•member of the Committee of Sponsoring
Organizations of the Treadway Commission;
•member of the National Association of State
Boards of Accountancy; and
•many, many other groups, firms, and conferences.
He received outstanding educator awards from
the MACPA, the AICPA, the Auditing Section of the AAA, the National Beta Alpha Psi,
and the Department, College, and University
here, including MSU’s Distinguished Faculty
Award in 1993.
His work has extended beyond our borders to
curriculum work in the United Arab Emirates
and the Philippines, speaking engagements in
many countries, serving as the AAA Distinguished International Visiting Lecturer speaking across the People’s Republic of China and
other southeast Asian countries.
On campus, Al taught thousands of accounting majors their auditing principles. Al and
Dewey gave us the most incredible auditing
teaching tag-team for nearly 30 years. He also
was a TV star in the financial principles course
and did live large lectures. He served his fellow faculty as department chair on two occasions. Recently, he has given strong leadership
to the MS degree program, as MSU responded
to the 150–hour CPA requirements. He developed and then taught the Careers in Accounting course. He has put his imprint on many
curriculum and oversight committees in the
Broad School and the department—far too
many to even begin to describe.
Al has over the years been extremely active in the liaisons between our campus
and the business community—most
directly with the CPA profession. His
major concerns were getting internships and jobs for our students, recruiting more of the best students to
accounting courses and careers, and
assuring ourselves that the products
of our programs were equipped for
successful careers. He has played a
very important role on the department’s fund raising activities.
Always at his side is his wife, Irene.
The two of them have been at
the center of the department’s
social fabric. They have enjoyed travel together, particularly to Irene’s family base of
Norway. They have been tremendously generous in their
gifts to the University and
to the department. Their
northern Michigan retreat has given them and
their families much enjoyment. And, it gives Al
access to even more golf
courses. Al seems to have given his well-worn
squash racquet some rest as he attempts to perfect his putting. Irene continues her interests
in painting and the arts. We are anticipating
many years of Al’s presence—sometimes still
directly involved and sometimes just from the
sidelines. Thanks for your years of excellence.
Feel free to e-mail Al at arens@msu.edu if
you would like to make some comments. He will be happy to hear from you.
Being a Colleague is More Than
Just Working Together
Dewey and Al, while very different,
became our Bobbsey Twins of auditing.
by Harold Sollenberger
I remember interviewing Al Arens on his initial visit to Michigan
Sometime in the ’80s, a few guys went to an away football game
State University. It would be unrealistic to have thought then that
and some basketball playoff games. Had lots of fun, but wives felt
we would be colleagues for nearly 40 years.
left out. So, a new tradition started—a camper trip to an away
football game. With 12 to 18 people in a large rented van, we
Early in our careers as assistant professors trying to achieve ten-
cruise across the Midwest. In the 20-some years since, we have
ure, we actually did some writing together. You know—cooperate
covered every Big 10 school (except Michigan—there’s noth-
and graduate! But, our teaching, research, writing, and even pro-
ing to see there) plus a few others like Pitt and Notre Dame. Be-
fessional interests were very different. Being friends, on the same
yond campuses, we’ve seen the James Dean Museum; Johnny
faculty, and seeing each other almost daily still did not necessarily
Appleseed’s gravesite; Dan Quayle Museum; Galena’s Ulysses S.
mean that we would be close friends. One the earliest “bonding”
Grant’s home; Wilmette’s Bahai Temple; Herbert Hoover’s birth-
events for Al and I was “borrowing” university manure for our gar-
place; Kewanee, the Pig Capital of the World; Niagara Falls with
dens—enough on that.
snow; Rockford’s Time Museum; Chanute Air Force Base after it
closed; Wrigley Field; site of Bill Mazeroski’s walk-off home run
I also remember recruiting Dewey Ward to MSU while I was de-
at Forbes Field; Tippecanoe Battlefield; Gizzard City; the Due-
partment chair. Dewey was from Texas but had a wife from
senberg Museum; Ronald Reagan’s birthplace; the real Field of
northern Indiana. We needed another auditor. After two offers,
Dreams; the bridges of Madison County; a DC 3 half buried in a
common sense hit Dewey; and he and Phyllis came to MSU where
corn field; Old Ben—world’s largest preserved steer; the Ruther-
he belonged.
ford B. Hayes library; and the “Breaking Away” movie’s limestone
quarry. Also, getting students to buy us beer in the U of Wiscon-
Dewey and Al, while very different, became our Bobbsey Twins
sin Union; line dancing in Oolitic, the Limestone Capital of the
of auditing.
World; houseboating on Lake Monroe, and many more “major”
life events! This is what memories are made of!
Over the years, we formed groups to do fun things—some turned
into traditions that just won’t stop—we hope. In the late ‘70s, Al
Oh, there were other special events like: The Kentucky Derby
started a poker group—faculty, some spouses, and some other
where we all became Kentucky Colonels. Colonel Al, Colonel
friends (yes, some of us had “other” friends). This was while I
Irene, Colonel Dewey, and Colonel Phyllis are taking on that dis-
was chair; I often played poorly and lost—allowing “my” faculty
tinguished retired-British officer look! Yes, the same group did
friends to take money from the chair, boosting their morale.
the Indianapolis 500, tent camping on the way. On a trip to the
NCAA Regional in Kansas City, the clock stopped (actually, just
In the late ‘70s, three of us purchased homes on the Red Cedar
didn’t start) allowing Larry Brown and U of Kansas to catch up and
River—Gil Harrell in marketing, Al, and myself. We decided to
left Jud crying in his coffee. Gee, almost forgot the smelt-dipping
canoe to a football game. Start at Sollenbergers, canoe to Arens,
trips—cold, not many smelt. Many American Accounting Associ-
then to Harrells, and on to Erickson Hall on campus. Well, over the
ation meetings and side trips involved faculty “companionship,”
years, additional people have come and gone (Linsmeiers lived
particularly the one in Nashville when Al was President.
on the river, but Tom’s now on the FASB); we’ve had only 3 true
tip-overs (ask Dewey about one); the trip is shorter today; but we
Yes, great memories, including more that I, unfortunately, have
still have great fun.
forgotten. These memories compose what I think being colleagues really means.
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
D. Dewey War d
Professor of Accounting, 1978–2006
Department of Accounting and Information Systems, Michigan State University
The Broad School is losing a superior professor, a caring person, and a
transplanted Texan who has kept most of his Texan humility and graciousness with the retirement of Dewey Ward. He is best known by his
students as a thoroughly proficient and entertaining instructor, who is
truly dedicated to their development—personally and professionally. Al
Arens and Dewey gave us the most extraordinary audit teaching team for
nearly 30 years. To most of us in the department, we just accepted them as
a given, a normal state of affairs. But, to have observed Dewey in action
is to now realize how much of himself he gave to each and every classroom
meeting and to each group of students.
There is something symbolic about the awards
Dewey has won nationally and locally. Within the Broad School, a new award was created
in the early ‘90s to recognize experienced and
truly accomplished teachers. This was more
than “just” a teaching award; it represented
a “compleat” professor award. Dewey was selected as a co-winner of the first John D. and
Dortha J. Withrow Endowed Teacher/Scholar
Awards. In addition, he has won the Salmonson and Beta Alpha Psi teaching awards within
the Department. Business Week, in its business
school MBA-ranking editions, highlights a
few key faculty at each of its ranked schools.
Dewey was listed as one of these at The Broad
School, even though he spent most of his
teaching time with our BA and MS students.
Word does get around!
He built a reputation as the consummate
educator. Nationally, Dewey spent a huge
amount of time working with other auditing
professors on developing audit case materials and teaching tools to be made available
to other professors. He led teams that received three Coopers & Lybrand Excellence
in Audit Education Grants. Dewey was the
common denominator. The results of Dewey’s
and the committees’ work were rewarded with
the highly prestigious Innovation in Accounting Education Award from the American Accounting Association.
Dewey has been involved in the Audit Section
of the American Accounting Association from
its start. He has chaired numerous committees
and then served as chairperson of this major
section of the AAA in 1986–1987. You know
you have arrived as a patriarch when you are
elected as Historian of your favorite organization! He has also led the AAA’s Midwest Region. He served many years on various other
AAA committees, including the Council and
Nominating Committee. He has been on numerous accounting education-related editorial
boards for many years.
Dewey has also had a close working relationship with the Institute of Internal Auditors. He
served on a number of research-related committees side-by-side with internal audit professionals. Only a few academics are felt to be “worthy”
to help direct work within this group.
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
On campus, Dewey has done admirable duty!
For years (not counting), Dewey was the Beta
Alpha Psi Faculty Advisor. To be the ideal advisor requires giving some direction, keeping
your hands off as much as possible, and being
almost invisible. Dewey let the students do
their thing. And, they did it well. One major
and ongoing event, Meet the Firms Night, is
completely student run and managed by Beta
Alpha Psi.
Dewey’s interest in auditing research extended
to working with doctoral students. He chaired
four dissertations, serving on many others. He
has influenced the development of new leading auditing professors, now at other schools.
He has written often with these same former
students, now colleagues elsewhere. He also
served as Director of our doctoral program,
recruiting new doctoral students and teaching
a doctoral research course.
Now, let’s continue with his writing and the development of teaching resources. Dewey has had
a long-term interest in case materials for auditing, starting with the Apple Blossom Cologne
Company back in Texas. At the Broad School
he quickly teamed with Al Arens to develop
what is now known as the Systems Understanding
Aid (SUA). It has seen many versions, editions,
and software updates.
But, the underlying
truth is that this rather simple concept
has had probably
more impact on accounting student learning
across the country than any other single tool.
It comes in manual and computer-based versions. As mentioned in Al’s article, it is used
in amazingly diverse settings: an auditing concepts tool, a financial accounting practice set,
a basic data-flow/systems exercise, and a learning assessment mechanism. Our department
used the SUA to help assess our students’ accounting comprehension level during our recent accreditation examination. Al and Dewey
expect to continue work on these in the years
ahead. Dewey has also published over a dozen
articles, mainly resulting from the many discussions he has had with doctoral students.
Dewey’s teaching has been primarily Auditing.
Yep, that’s the name of the course and no mistaking its content! Oh, there is the graduate
version—Advanced Auditing! Over the years,
it has had different numbers, had other names,
had other versions, but is fundamentally auditing. His courses have fortunately not paralleled the ups and downs of the marketplace of
audits. It is hard-core and a constant base of
quality content, relevant extensions, and professional behavior norms. Ethics have always
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
been critical, not just “recently” added! His
expectations of student performance have always been rigorous. Oh, he also did a stint as
large-lecture performer in ACC 201 for several years. Then, back to auditing. From his
first audit students here in 1978 to his last in
the Spring of 2006, every student has seen the
passion this man has for his profession and the
commitment he has for his students.
Phyllis, Dewey’s life partner, continues her
work as the manager of Armond Dalton Publishers. Dewey and Phyllis have seen their two
children grow, go to college, marry, and now
follow their parents into education careers—
plus produce a bunch of grand kids. They continue to enjoy their enclave “up North.” And,
they have now added an estate in Florida. We
expect them to be here for the annual canoe
and away-game trips. All continues to be well
in the Ward household.
Feel free to e-mail Dewey at
wardddd@msu.edu if you would like to
make some comments. He will be happy to
hear from you.
Accounting Student, Cass Hausserman,
Gives Back to the Community
Cass Hausserman is a student in the Master of Science in Accounting program. She has been active in a variety of student organizations, was a student
assistant for Accounting 250, and currently serves as the Corporate Treasurer
for the MSU Student Housing cooperative. This past spring break, Cass traveled with a group of MSU students to New Orleans on Alternative Spring
Break. Below is her account of the experience.
When I was a sophomore at MSU, I first went
on Alternative Spring Break (ASB) through
the Service Learning Center. We traveled to
Soddy Daisy, Tennessee and built trails for
the Cumberland Trails Association. My senior
year I decided I wanted to go on a volunteer
spring break again, but I wanted it to be more
“meaningful.” When I found out about the
Gulf Coast Hurricane Relief ASB trip, I knew
that it would be a perfect match. When I went
to sign up they asked me if I wanted to be the
site leader and I said “yes.”
My co-site leader and I started planning in
early November. We spent hours on Saturdays
in coffee shops planning the trip. In the weeks
before the trip it started to feel like a full time
job, but with a lot of work and organization, it
all came together.
We worked and stayed with the Louisiana
United Methodist Storm Recovery Center.
On our first work morning, the volunteer co-
ordinators gave us an address and pointed us
in the direction of the tool shed and told us
to “gut the house.” They weren’t able to send
anyone to show us what to do because there
was just so much to do and so few people to
do it. As we were driving through the neighborhoods to get to our assignment, we were
shocked by what we saw. Six months after the
hurricane and floods, the electricity was still
out and the streets were completely dead.
As we entered the house, we were disgusted.
Nothing had been touched for six months.
The water had been up to the ceiling and
the walls were black with mold. We started throwing the remnants of the house into
the street where piles of debris were often six
feet high all up and down the streets. There
were rats living in a laundry hamper full of
soggy clothes. Everything had been floating
and dressers ended up underneath beds, and
kitchen appliances were dislocated and ended
up in bedrooms and bathrooms. The refrigera-
Cass “gu
ts” a hou
se d a ma g
ed
by K atrin
a
tor had not been opened, and as we were hauling it out, it sprang open and six-month-old
food and water poured out. We found soggy
photo albums on the top shelves in closets and
rusted jewelry strewn around the bedroom.
Our group of 24 completely gutted this house
in two days. The family that owned the house
was there helping, and at the end they hugged
us all and cried; everyone was teary-eyed. The
next few days of work went on just like this; a
different house and a different family.
We left this trip knowing that we had accomplished our objective and that it was a success,
but were saddened and greatly affected by the
fact that we were only able to help three families. It feels good to know that we have made a
difference in a few peoples’ lives, but there are
thousands more that need help. We hope that
by telling our story we might encourage others
to get involved.
Accounting Student Speaks at Undergraduate Graduation Ceremony
This spring at the Broad School Undergraduate Commencement ceremonies, Adanma Chinemerem Okoro, one of
our MS students, was chosen to be the student commencement speaker. Adanma was selected from amongst 10
other applicants. As part of the selection process, students were asked to submit their resume and a statement of
interest describing why he or she would like to be the student speaker at graduation. Applicants were then interviewed by a selection committee and Adanma rose to the top. In her speech, Adanma asked the graduates to consider how they measure their own success. We encourage you to read her speech, it can be found at http://www.
bus.msu.edu/information/news_archive/05.12.2006.html. Congratulations Adanma on this great honor!
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
Another Successful Deloitte Case Competition
Fall 2005 was another successful year for the Deloitte Student Case Competition. Fortytwo students in seven teams participated. Each team had the assistance of one of seven
students that were veterans of the prior year’s competition. Each team also included a
Broad School faculty advisor and a Deloitte advisor. The students were asked to research
complex, current financial reporting issues and prepare presentations of their solutions.
A team of Deloitte professionals and Professor Joe Anthony served as both critical questioners and judges for the competition. The 2005 winning team included Meghan
Depp, Alison Hull, Ha Na Jung, Nicole Korinek, Erin Reicher and Anthony Vultaggio. The team was ably coached by Professor Ed Outslay, Student Advisor April
Thaxter and Deloitte Advisor Raelynn Barc. Congratulations are also extended to all
participants. Each team demonstrated outstanding academic skills, and poise in their
presentations. Many thanks to Deloitte for sponsoring another successful competition!
Broad Wins Trip to
Nationals in PwC xTAX
On November 9, 2005, nine teams of Broad
School students, 45 in all, gathered at the
James B. Henry Center for Executive Development to advise the government of
2006-07 AICPA/Accountemps Scholarship Winner
the fictional country of Vastaria on structuring its tax laws to encourage economic
Christine Hoppesch is a recipient of the 2006-07 AICPA/
Accountemps Student Scholarship. Christine was one of five
recipients from schools across the nation to receive $2,500 to
support their education.
growth as part of the PricewaterhouseCoopers (PwC) sponsored xTAX competition. The students had only two weeks to
work on the case and develop a polished
and professional presentation of their ad-
Christine graduated with a BA in Accounting from the Broad
School this past May with a cumulative GPA of 4.0 and is
currently working toward her Masters of Science in Accounting with a specialization
in tax. Christine interned at Plante & Moran in the summer of 2005 and at PricewaterhouseCoopers this past summer. She is in the process of taking the CPA exam and
is looking forward to starting her career in public accounting in the summer of 2007.
Congratulations Christine on this prestigious award!
vice. Each team had the assistance of a PwC
mentor and Professors Ed Outslay and Dick
Weber. The top team, comprised of Jeffrey
Vander Boon, Katherine Koivisto, Michael
Scott, Nathan Vejcik and Roger Rice, aka
The James Brown Tax Machine, was then
entered into the next stage of the competi-
Seven Broad Students Win Michigan
Accountancy Foundation Award
tion. Based on videos of the various country-wide campus competitions, the Broad
team was one of only five teams selected to
Once again, Broad School accounting
students have been successful in earning
the Michigan Accountancy Foundation’s
Fifth/Graduate Year Student Scholarship
awards. We take great pride in these seven
outstanding students. This particular scholarship is provided through the generosity of Michigan CPAs and provides up to $4,000 to each student to help complete
their final year of education. In the picture are this year’s award winners (left
to right): Tyler Hitson, Mike Vehlewald, Christen Page, Jamie Roberts, and
Christine Hoppesch. Not pictured are Daniel Lynch and Ashley Pruitt. They
competed against other scholarship applicants from twenty-two accredited Michigan universities and were selected because of their high academic and outstanding
civic achievements. Most amazing was the fact that Broad School students received more
awards than any other school. Thank you CPAs of Michigan for honoring our students!
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
advance to the national level competition,
which was held in Washington D.C. in January. The five national teams all made presentations before a group of PwC partners.
This was an experience they all enjoyed.
The competition was enriching for all the
students involved and helped them improve their teamwork and presentation
skills. The support and effort put in by PwC
in running the competition was a key to the
success of this experience. The returning
students and advisers are looking forward
to repeating this success in 2006.
Student Awa r ds
FSA Student Achievement Award
Beta Alpha Psi Outstanding Member of the Year
Jill Maxey
Jillian Perlin
Daniel Collins Accounting Research Award
National Association of Black Accountants
Outstanding Member of the Year
Jennifer Szott, Cristina Wuerth
Accounting Club Outstanding Member of the Year
Maria Goodfellow
Monte Cooper
Financial Executives International Award
Marie Wells
2006 Depa rtment Schol a rship/Fellowship W inners
Becker Conviser
Christine Hoppesch, Christen Page
BDO Seidman LLP
Nikolina Dimovski, Christa Landowski, Stacy
Lomonaco, Brittney Novak, Anthony Pero,
Aimee Schauer
D. Jean Sanders Beck
Teresa DeLisle, Lindsey Morehouse,
Kelly Wilson
William and Carol Brink
Crowe Chizek
Joseph Green, Michelle Krause, Steven Meyer,
Jin Hyu Shin
Daniel Collins
Jennifer Szott, Cristina Wuerth
Deloitte & Touche LLP
Laya Adibsereshki, Amy Andrews, Christine
Cervenak, Seth Connors, Ryan Gray, Alison
Hull, Karl Keck, Nicole McDonald, John
Robinson, Christopher Rose, Kylie Verhelle,
Sonal Wagh
10
Tiffany Davis, Jennifer Matera, Hsuan Yi Wang
James E. McCartney
Brett Dense, Nicole Korinek, Matthew Pruente,
Jenna Zerwas
Akuada Okpala, Ashley Pruitt, Troy Teschke,
Megan Tomkovich
Richard and Barbara McWhirter
Department of Accounting &
Information Systems
Plante & Moran LLP
Jessica Bodis, Rebecca Bohn, Brent Coles,
Andrea Dery, Josh Engelkemier, Natalie
Danielle Diliberti, Mary Evans, Megan Flori,
Hughes, Jenna Lemke, Kara Omell, Daniel Perl,
Nicole Williams
Sarah Harla, Cass Hausserman, Lei Jin, Hana
Jung, Yekaterina Kasmynina, Nicole Kessinger,
Doeren Mayhew
Kasey Marshall, Emily Ogden, Julie Opaleski,
Jeffrey Garavalia, Christopher McDoniel
Pei-Yun Peng, Melissa Pennington, Kathryn
Quick, Richard Sellers, Yuanjing Xu, Lan Yao Ernst & Young LLP
Aaron Jenkins, Adanma Okoro, Madiha
Arthur H. Carter
Rizwan, Mark Willoughby
Michael Banish, Christopher Baum, Daniel
Bettes, Ian Burt, Alan Chambers, Rick Chasney, Scott and Patricia Eston
Ryan Coe, William Cook, Andrew Corsi, Ryan Wei Cao, Cymbre Jaskot, Ning Li, Brian Neale,
Darichuk, Lloyd Eberhart, Jonathan Elson,
Stephen Rose, Hye-Jeong Tarkowski, Channa
Peter Gray, Robert Howley, James Idziak,
Zhang
Andrew Kramer, Joseph Krystyniak, Nicholas
Lang, Joseph Leibold, Ya Lu, Stuart Machisak, Grant Thornton
Abigail Caskey, Tong Chen, David Fiebig,
Matthew McCloskey, Darren McKnight,
Michele Hedrich, Amy Heist, Jacob Sutter,
Christopher Michner, Michael Nitz, Joseph
Brandon
Warman, Brian Waters
Porenta, Robert Schlaud, Bryan Schulmeister,
Kevin Schulmeister, Yaman Subei, Chuan Tian, Gardner M. and Pauline A. Jones
David Treado, Jeffrey Triick, Eric VanderVeen, Lisa Gerback, Lucie Richards
Michael Vehlewald, Anthony Vultaggio, Todd
Marlys and Jack Gray
Westenbroek
Dimitris Vrettos
Daniel J. and Bette H. Church
William C. and
Delrose Marlene Martino
KPMG LLP
Lauren Mavis, Colin Taggart
Steven Doil, Justin Bowman, Jessica Hagan,
Matthew Richard, Katherine Koivisto,
Datus Tomasovich
PricewaterhouseCoopers LLP
Jerran Devers, Matthew Doyle, Christine
Hoppesch, Jamie Roberts, Hsueh-Tzu Yang
Glenn and Susan Schafer
Jamie Charron, Jillian Perlin, Jennifer Bakker,
Lisa Hopcian
Frank N. Sidoti
Rachel Ainslie, Jessica Bailey, Richard Barry,
Fuk Hung Choi, Neeti Chokshi, Ilya Gekhman,
Kimberly Hanley, Brad Klein, Katherine
Lanspeary, Hyunwoo Lim, Kevin Matula,
Pei-Yun Peng, Maureen Scarff, Stephen Shonce,
Megan Swank, Elizabeth Vernon,
ChuQiao Zeng
Constance Richard Smith
Christen Berndt, Ryan Dubuc, Anna Fisher,
Carolyn Hartman, Brian McAndrew, Lindsay
Rodin, Amanda Shatzman
Cecil R. and Beatrice M. Upham
Marcus Belanger, Tyler Hitson, Garret Mausolf
Laura Cole, Nathan Ferguson, Christen Page,
Jeffrey Vander Boon
Roger E. and
Laura Hamill Wilkinson
Megan Messana, Jennifer Stewart,
Sze-Kar Wong
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
MS in Accounting Orientation
This fall, the MS in Accounting program instituted a new, mandatory orientation program for all 152 new MS students. At the
program, students were introduced to the structure and expectations of graduate school, were provided with information and
advice regarding the CPA exam, were introduced to the Broad
Coaches program, and learned about the services provided by
the E&Y Business Communication Center. A professional teambuilding workshop gave students the opportunity to meet and
interact with each other. After lunch, students attended breakout
sessions for their academic specialty options. The breakout ses-
Maintaining AACSB Accreditation
sions were led by faculty in each area, and provided students with
During Spring Semester 2006, a team visited the department
the opportunity to learn more about the courses and professional
from the Association to Advance Collegiate Schools of Business
development opportunities in each specialty option. The event
(AACSB) to complete a detailed review of the department’s ac-
was well received and plans are underway for next year’s event.
counting programs. The team recommended extension of the
If you have ideas or comments please share them with Shannon
department’s prestigious AACSB Accounting Accreditation.
Mulally, the MS program director, mulally@bus.msu.edu.
The AACSB team recommended a six-year extension of accreditation. In their report, the team cited the department as having
d ent s
MS s t u
nd
eale a
N
Brian
iscus s
d
s
ll
We
Marie
Honor
posed
o
r
p
e
th
ew
with n
Cod e
s
t
n
de
MS s t u
“a well-documented strategic plan and processes to execute it.”
The review team acknowledged the high quality of our students
and noted that student satisfaction is high in both the BA and
MS programs. In addition, the team recognized the quality of the
accounting curriculum particularly mentioning the integration of
the elements of corporate governance across courses and the
strength in business communications. Finally, the team recognized the overall quality of the faculty citing both excellence in
research and instructional effectiveness.
The team also provided consultative advice regarding issues that
the department should consider. These issues included reviewing 1) the doctoral program with the objective of making it reflect
the strength of the tenured faculty and 2) the ability of our MS
MS students
visit with each
other over lu
nch
program to build broader business knowledge in our students.
The department recently considered these issues at the Fall Faculty retreat.
The department thanks the AACSB team, Jamie Pratt, KPMG Professor of Accounting at the Kelley School of Business, Indiana University and Richard Dietrich, chair, Department of Accounting at
the Fisher College of Business, Ohio State University, for their efforts in preparing an outstanding review report.
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
11
Exter na l Adv isory Boar d
The External Advisory Board provides invaluable guidance, feedback and advice to the department. The board meets both in the fall
and spring of each year and once again, members were kept busy with a full agenda. Board
members consistently report that the activity
they enjoy and value most in the meetings, is
having the opportunity to interact with current students. As the meetings are planned
each year, student interaction is built into the
agenda. This past fall, board members met
with students to discuss their experiences preparing for and taking the CPA exam. In the
spring, the Board met with students in the Information Systems option in the MS program.
board members say that understanding student thoughts and experiences are critical to
the advice and guidance they give.
Besides meeting with students, the department
solicited feedback from the board on a variety
of other topics as well. Board members had dinner with the faculty and discussed the over-
Thomas J. Linsmeier is Appointed to the FASB
The Department is proud to announce that Tom Linsmeier,
the former Russell W. Palmer Endowed Professor of Ac-
all preparation of graduates for the workforce,
reviewed and provided feedback to accreditation plans and documents, and reviewed and
commented on the Information Technology
curriculum. In addition, during the spring
meeting, members had the special opportunity to meet and have conversation with MSU’s
new Provost, Kim Wilcox. A full and productive year!
The department would like to extend gratitude
to board members completing their service
this past year. A special thank you goes out to
Donna Coallier, Kelly Francis, and Bill Kinney
for their commitment to the Broad School and
invaluable input to the department.
2006-2007 External Advisory
Board Members are:
counting and chair of the Department has been appointed
Mike Agosta, Ford Motor Company
by the Financial Accounting Foundation (FAF) to a five-year
Paul Arment, Gordon Advisors, P.C.
term as a member of the Financial Accounting Standards
Paul Balas, PricewaterhouseCoopers, LLP
Board (FASB). The FAF is responsible for the oversight, ad-
Mark Beasley, North Carolina
State University
ministration, and finances of both the Financial Accounting
Standards Board (FASB) and its counterpart for state and local government, the
Marty Clemens, Eli Lilly and Company
Governmental Accounting Standards Board (GASB). The FASB is the designated
Jeffrey Dobbs, KPMG, LLP
organization in the private sector responsible for establishing U.S. standards for
financial accounting and reporting.
“Thomas Linsmeier, one of the nation’s most respected accounting academics, will bring a valuable perspective to the work of the FASB,” said Robert E.
Denham, Chairman of the Financial Accounting Foundation Trustees. “I am
confident that Tom’s knowledge and experience will help advance the Board’s
mission to establish and improve financial accounting and reporting standards
that enhance investor confidence and the efficiency of capital markets.”
Denise Essenberg,
PricewaterhouseCoopers, LLP
Vincent Foster, Main Street
Mezzanine Fund, LP
Michael Herrinton, Ernst & Young, LLP
Linda Hubbard, Carhartt, Inc.
Kathy Jenkins, Jenkins Magnus Volk
& Carroll PC
Matthew McColl, Ernst and Young, LLP
Tom received his MBA and Ph.D. degrees with majors in accounting from the
Teri Myers, MTS Health Partners, L.P.
University of Wisconsin- Madison; his BBA degree in accounting is from the Uni-
Lawrence Oberst, BDO Seidman, LLP
versity of Wisconsin-Milwaukee. He began his academic accounting career in
Chris Sugden, Edison Venture Fund
1985 at the University of Iowa. In 1994, he became an Academic Fellow in the
Office of the Chief Accountant of the U.S. Securities and Exchange Commission
Steve Terry, retired, Michigan
State University
(SEC). He also served as a Special Consultant to the SEC with responsibility for
Nancy Vella, Deloitte & Touche, LLP
formulating U.S. disclosure rules for reporting market risks inherent in derivatives and other financial instruments. Subsequent to his time at the SEC, he held
professorial and research positions with the University of Illinois and Queen’s
Brad Virkus, Plante and Moran, PLLC
Julie Wahrman, Deloitte & Touche, LLP
University in Canada, respectively. He had been a member of the accounting
David Winclechter, Financial Consultant
faculty at Michigan State University since 1999.
Joel Wittenberg, Kellogg Company
12
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
Grabski and Speier Take on
New Responsibilities
Arens Scholarship to
Finance Educational Opportunity
for Single Parents
For many single parents, who are struggling to
make ends meet, the dream of a college education seems out of reach. But thanks to the compas-
Severin Grabski, Associate Professor, has joined the office
of the Vice Provost for Libraries, Computing and Technology (LCT) at MSU as Senior Advisor and Coordinator for
Instructional Technology and Faculty Development.
This role has a wide variety of responsibilities, but is particularly important to helping LCT understand instructional trends and faculty needs, and to be effective in
supporting faculty and students by being an advocate
for their interests. Sev’s responsibilities include representation on LCT and MSU advisory committees, project and applications/services workgroups, and external
national committees, and coordination of technology
classroom planning. He will also help LCT collaborate
with other related University offices and programs. Sev
will continue to teach in the Department of Accounting
and Information Systems.
Professor Cheri Speier is serving as Acting Associate
Dean of the Broad School MBA and MS programs dur-
sion and generosity of Alvin and Irene Arens, 13 single parents
will be offered the chance to literally change their lives through
higher education. Focused on creating educational opportunity for professional careers in business, education or nursing,
the Arens Scholarships will provide annual, renewable gifts of
$10,000 in the freshman, sophomore, junior and senior year for
each of the students (and a fifth year for the Education program).
Four awards are designated for the Eli Broad College of Business, four in Nursing, and five in Education, providing a gift of
$1,150,000 for the three schools through the cash awards, combined with an estate gift.
Students must meet the admissions requirements in each of the
colleges, requiring rigorous academic scholarship capability, but
the Arens are much more focused on need. “What is critical
to us is that the students are able to complete
their degrees, enter a profession and overcome
the negative economic cycle that they faced before this assistance,” says Arens. “Breaking the cycle
of generational poverty is made possible when people have practical skill sets that allow them to enter the professional work
force—and that is what we want to do through these awards.”
ing the 2006-2007 academic year. The Broad School
has four MBA programs: the Full-Time MBA, Weekend
MBA, Executive MBA located in Troy, Michigan, and the
new Corporate MBA program. The Corporate MBA degree program is a flexible MBA program that combines
web-based modules, intensive residency sessions, and
The couple has generously funded other University projects including the Kresge Art Museum, WKAR Radio, MSU Safe Place,
a Faculty Folk Endowment and has provided ongoing support to
Accounting and Information Systems in the Broad School. They
are members of the MSU Kedzie Society.
applied projects, and is delivered to working managers
employed by a single organization.
The Broad School is also home to three Master of Science programs including the MS in Accounting, MS in
Supply Chain, and MS in Manufacturing and Engineering Management. Cheri has taught in both the MBA and
MS programs during her eight year tenure in the Broad
school, and is excited about playing a different role in
helping to continue our tradition of excellence.
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
Irene and Al Arens
13
New Faculty and Staff
Scott Bronson
Scott Bronson joined the faculty this fall as an Assistant
Professor. Scott earned his Ph.D. from The University of
Tennessee earlier this year, and his primary teaching and
research interests are in auditing. He is currently teaching
the undergraduate auditing course. Scott has a number
of research projects underway and his paper titled “Firm
Characteristics and Voluntary Management Reports on Internal Control” will
be published this fall in Auditing: A Journal of Practice and Theory.
Chris Hogan
Chris Hogan joined the faculty this year as an Associate Professor. Chris received her Ph.D. from The Ohio
State University, and taught at Vanderbilt University and
Southern Methodist University prior to joining the Broad
School. Her primary teaching and research interests are
in auditing, and she’ll be teaching the graduate-level auditing course this spring. Chris has served on several American Accounting
Association (AAA) committees and the Auditing Section of the AAA. She’s
published research articles in journals including The Accounting Review, Contemporary Accounting Research, Journal of Accounting and Economics and Auditing: A Journal of Practice and Theory.
Shannon Mulally
Shannon Mulally joined the department last fall as the new
Director of the MS in Accounting program. Shannon has
an MA in Educational Counseling and a BA in International Relations from Northern Michigan University. She
previously worked in admissions for Northern Michigan
University. She serves on several state and national admissions-related organizations and presents at state conferences. Shannon is very excited to work with the faculty, staff, and students of the MS program.
Fred Rodammer
Fred Rodammer joined the department this fall as a Professor of Practice. He teaches ITM 309 and serves as
Director of the Center for Leadership of the Digital Enterprise and Director of the IBM On-Demand Supply Chain
Laboratory. He received his Ph.D. in Systems Engineering from the University of Virginia and worked in industry for over twenty years prior to joining the Broad School in 2004. Fred served
as a Global Supply Chain Director for a $1B business within Dow Chemical,
and as the Global Supply Chain and eBusiness Director for DuPont Dow Elastomers. He led development and implementation of global supply chain, logistics and eBusiness strategies and championed supply chain Six Sigma efforts.
Karen Sedatole
Karen Sedatole joined the faculty this year as an Associate
Professor. Karen received her Ph.D. from The University
of Michigan and taught at The University of Texas at Austin prior to joining the Broad School. Her primary teaching and research interests are in managerial accounting.
She’ll be teaching the MBA managerial accounting core
course this spring. Karen is co-director of the AAA Management Accounting
Section Doctoral Consortium, and has published research articles in journals
including The Accounting Review, Contemporary Accounting Research, and Accounting, Organizations & Society.
14
Faculty Research and Recognitions
Susan Haka
Susan Haka, Ernst and Young Professor of Accounting,
received the Michigan State University Distinguished
Faculty Award at the University convocation ceremony
on February 9th. She was one of 10 finalists and was selected based on her teaching skills, research activities and
service to department and college. The nominators recognized Sue for her research and scholarly activities, her exceptional instructional performance and her public outreach and service. She has over 20 years of
teaching experience, and her research focuses on the role of accounting systems
in business processes.
Ranjani Krishnan
The American Accounting Association has given the 2006
Notable Contribution to Accounting Literature Award to
Ranjani Krishnan for her co-authored paper, “Honesty
in Managerial Reporting,” published in The Accounting
Review. The criteria for this prestigious award includes:
uniqueness and potential magnitude of contribution to
accounting education, practice and/or future accounting research; breadth of
potential interest; originality and innovative content; clarity and organization
of exposition; and soundness and appropriateness of methodology. Ranjani was
also honored this year in the Broad School with the 2006 Withrow Endowed
Emerging Scholar Award. This award recognizes faculty members who, early
in their careers, make substantial contributions to the college in teaching, research, and service.
Mike Shields
Mike Shields, Eli Broad Professor of Accounting, was recently selected to receive the 2006 Institute of Management Accounting (IMA) Lee Brummet Award. The award
recognizes the most distinguished teachers in management accounting based on a notable accounting teaching
career, a record of scholarship in management accounting and service to the IMA. Mike’s teaching interests include managerial
accounting, strategic management accounting, operational management accounting and management control systems; and his research uses theories and
research methods in psychology to study budgeting, performance measurement,
performance evaluation and incentives. He has published over 50 journal articles and is a past editor of the Journal of Management Accounting Research.
Isabel (Yanyan) Wang
Isabel (Yanyan) Wang, Assistant Professor, is being honored with two major awards for her manuscript, “Understanding Private Earnings Guidance and its Implications
for Disclosure” by the 2006 American Accounting Association (AAA) Competitive Manuscript Award and the Best
Dissertation Award from the Financial Accounting and
Reporting Section (FARS) of the AAA. These two awards are highly sought
after national honors. It is unusual for one paper to win both tributes, way to go
Isabel! The AAA Competitive Manuscript Award encourages research among
members of the Association and associate members who have earned their PhD
within the past five years. The FARS Best Dissertation Award is given yearly
to recognize the author of an outstanding financial accounting/reporting dissertation. The Awards Committee considers the importance of the financial
accounting/reporting issue, the quality of execution of the study and the contribution of the research.
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
Faculty Publications
The 2005—2006 academic year saw the faculty of the Department of Accounting and Information Systems continue to
make major contributions to the academic literature. A partial list of the research publications of the faculty follows.
Steve Dilley
Nancy Lankton
V. Sambamurthy
“Sale of a Residence and Like-Kind Exchanges, Part “Using Paper-Based Scenarios to Examine Percep- “Emergent by Design: Infosys Technologies LimitI” with Kenneth Orbach, The Tax Adviser. “Sale of
tions of Interactive Health Communication Systems,” ed,” with R. Garud and A. Kumaraswamy, Orgaa Residence and Like-Kind Exchanges, Part II” with
nization Science. “The Antecedents of CIO Role
with R.D. St. Louis, Communications of the AIS.
Kenneth Orbach, The Tax Adviser. “The Basis, AtEffectiveness in Organizations: An Empirical Study
Risk, and Passive Activity Rules and Rapid Depre- Joan Luft
in the Healthcare Sector,” with D. Smaltzand R.
ciation,” Tax Notes. “The Potential Tax Savings
Agarwal, in IEEE Transactions on Engineering
“Responsibility for Cost Management Hinders Learnfrom Sec. 199 for Small Corporations and IndividuManagement. “Leadership in Software Developing to Avoid the Winner’s Curse,” with R. Bloomals” testimony before IRS hearing.
ment Teams,” with S. Faraj, in IEEE Transactions
field, The Accounting Review.
on Engineering Management.
“Winning the 3Legged Race: When Business and Technology Run
Steve Dilley and Fred Jacobs
Harrison McKnight
Together,” with Faisal Hoque, Robert W. Zmud,
“The Qualified Production Activities Deduction:
“Factors of Information Credibility for an Internet Ad- Tom Trainer, and Carl Wilson, Prentice Hall.
Some Planning Tools,” Tax Notes.
vice Site,” with C. Kacmar, Proceedings of the 39th
Hawaii International Conference on System Science.
Mike Sheilds
Severin Grabski
“Syntactic and Semantic Understanding of Con- Ed Outslay
ceptual Data Models,” and G. Gerard, Interna“Pro-Bono Tax Services The Role of Tax Academics and
tional Journal of Accounting Information Systems.
Students,” with C. Bauman, N. Nichols, S. Anderson,
“Semantically Modeled Enterprise Databases,”
N. Olson, M. Pursley, and S. Sottile, Tax Adviser.
with C.L. Dunn, in Encyclopedia of Database Tech“U.S. Tax Aspects of Doing Business Abroad,” (AICPA
nologies & Applications 2005.
2005) with Michael L. Moore and Gary A. McGill.
Sue Haka
“Reducing Accounting Fixation: Determinants of
Cognitive Adaptation to Variation in Accounting Method,” with Dearman, in Contemporary Accounting Research. “Revenue Drivers: Reviewing
and Extending the Accounting Literature,” in Advances in Management Accounting.
Harold Sollenberger
Brian Pentland
“Proposed Capital Reforms: Good News/Bad News,”
“Measurement of Profit Center Performance,” Black“Organizational Routines as a Unit of Analysis,” CUES Skybox, Credit Union Executives Society,
well Encyclopedia of Management 2nd edition.
with Martha Feldman, Industrial and Corpo- and Credit Union Management.
“Building a
rate Change. “Organizational Routines and the
Consensus on Credit Union Capital Adequacy,” in
Fred Jacobs
Macro-Actor,” with Martha Feldman, In Actor- Bank Accounting & Finance.
“Personalized Assignments in a Large Lecture Intro- Network Theory and Organizing.
ductory Accounting Class,” 2006 Midwest AAA
Cheri Speier
Regional Meeting Program.
Kathy Petroni and
“The Emerging Supply Chain Management ProfesMarilyn Johnson
sion,” with John Dischinger, David J. Closs, Eileen
Ranjani Krishnan
“The Influence of Corporate PACs on Accounting
McCulloch, William Grenoble and Donna Mar“Expense Misreporting in Nonprofit Organizations,” Standard Setting: The Case of Stock Option Ac- shall, in Supply Chain Management Review.
with Michelle Yetman and Robert Yetman, The Ac- counting Reform,” with David Farber, in Accountcounting Review.
ing Horizons.
Dick Weber
“Accounting for Intangibles: IRS Provides AutoRanjani Krishnan, Joan Luft
K. Ramesh
matic Changes of Method to Conform with Regs,”
and Mike Shields
“Response to the FASB’s Exposure Draft on Fair
with Dennis Gaffney, Richard Davis and Maureen
“Effects of Accounting-Method Choices on Subjec- Value Measurements,” with Christine Botosan, Hol- Gaffney, in Journal of Taxation.
tive Performance-Measure Weighting: Experimen- lis Ashbaugh, Anne Beatty, Paquita Davis-Friday,
tal Evidence on Precision and Error Covariance,” Karen Nelson, Robert Uhl, Mohan Venkatachalam,
The Accounting Review.
and George Vrana, in Accounting Horizons.
Departmental Teaching & Research Awards
Freddy Coronado
Joan Luft
PhD Student Excellence in Research Award
Faculty Excellence in Research Award
Fabienne Miller
K. Ramesh
PhD Student Excellence in Teaching Award
Faculty Excellence in Teaching Award
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
15
Recognizing the major contributors to the Department of Accounting and Information Systems
and/or the Eli Broad College of Business.
Contr ibutors of $5,000 or Mor e July 1, 2005–June 30, 2006*
Darryl & Sharon
(Baines) Allen
Brian & Laura
Ambrose
Alvin & Irene
Arens
Carol Banninga
Ashley
Paul & Brenda
Balas
James & Sharon
Bonsall
William R.
& Carol F. Brink
Eli & Edythe L.
Broad
Keith & Peg
Burns
Thomas & Nancy
Church
Martin Louis
Clemens
Gregory & Judith
Coursen
Bill & Sue Ann
Crowley
Arlene & Irwin
Ettinger
Richard J. Fineberg Vincent D. Foster
Richard W.
& Nancy J. Heiss
Mark & Vicki
Matthews
Mr. & Mrs.
Donald L. Neebes
Mr. Richard A.
& Mrs. Debra B.
O’Connor
Richard D. &
Deborah L.
Paterson
Robert W. Schaberg Glenn & Susan
Schafer
Robert S. Siegel
Bud Smith
John & Cathy
Walsh
Mr. & Mrs.
Jeffrey K.
Willemain
Not Pictur ed:
Jeanine & Kevin Clark
Donna Coallier
Jim & Kathy Cornelius
Lawrence J. DeFiore, CPA
Marc T. McCurry
Robert Olstein
Russell E. Palmer
Donald J. Puglisi
Richard & Marlene Ritchie
Dr. & Mrs. Ray S. Schmidgall
Kenneth F. & Elizabeth F. Sommer
Monte & Barb Story
16
*Report is based upon actual contributions received during the fiscal year as reported by University Development.
Christopher & Deborah Sugden
Gary C. & Margaret A. Valade
David & Holli Winclechter
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
Recognizing the major contributors to the Department of Accounting and Information Systems
Contr ibutors of $2,500 to $4,999 July 1, 2005–June 30, 2006*
George E. Borel
Mr. James R. &
Mrs. Sharon A.
Bradow
Mr. Paul J. Brazda
& Mrs. Linda A.
Brazda
Daniel & Bette
Church
Dr. G. Michael &
Mrs. Janet R.
Crooch
Jack & Marlys Gray Mrs. Lisa A. &
Mr. Michael L.
Herrinton
Mr. Mark E. &
Mrs. Marcia A.
Hooper
Mr. & Mrs.
Howard T. Hoover
Maria Kang &
K. Ramesh
Michael &
Penelope Kennedy
George & Nancy
Krull
Mr. Paul E. &
Mrs. Tracy A.
Lindow
Robert G. &
Carol A. May
Jeffrey & Nancy
Mengel
Tom & Kathy
Petroni
Brad & Cheryl
Stevens
Bill & Linda
Stewart
Randall &
Margaret Tavierne
Stephen & Nancy
Vella
James H. &
Susan L. Wall
Not Pictur ed:
Anthony C. & Rachelle E. Flanagan
James & Melissa Gibbons
Contr ibuting Compa nies
Auto-Owners Insurance
BDO Seidman, LLP
Becker Professional Review
Carabell, Leslie and Company, P.C.
Comerica, Inc.
Crowe Chizek & Company LLC
Deloitte & Touche LLP
Doeren Mayhew & Co., P.C.
Dold, Spath, McKelvie
& Deluca, P.C.
Eli Lilly and Company
Ernst & Young
Ford Motor Company Fund
General Mills Foundation
General Motors Corporation
The Gerber Companies
Foundation
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
Grant Thornton LLP
Honeywell
Kellogg Company
KPMG
Microsoft Corporation
MTS Systems Corporation
Northwestern Mutual
Life Insurance
Plante & Moran, PLLP
PricewaterhouseCoopers LLP
SPX Foundation
Thomson Tax & Accounting
UHY Advisors MI, Inc.
Verizon Foundation
Virchow, Krause
& Company, LLP
17
Recognizing the major contributors to the Department of Accounting and Information Systems
Contr ibutors of $1,000 to $2,499 Douglas P. Bajor
Judy & E. F.
Baskin
Kathryn & Thomas Dr. L. Charles
Benesh
& Dr. Janet L.
Bokemeier
Carmine & Wendy Eric J. Hespenheide Enoch & Nancy
Guerro
Jen
Randal Koning
July 1, 2005–June 30, 2006*
William & Toni
Bufe
Gerald & Coralie
Cieslinski
William A. &
Jane R. Dittmore
Julie A. Erhardt
Thomas J.
Linsmeier &
Frances J. Malloy
Matthew McColl
Nancy A. McCort
Mr. Jack L. Otto
Paul Pacter
Charles & Patricia
Roy
Janet & Michael
Shields
Harold & Lois
Sollenberger
Mr. & Mrs.
Raymond Spinola
Robert & Beth
Stricof
Rick & Irene
Tanghe
Glenn A. Test
Roger & Laura
Wilkinson
Lawrence & Rona
Wizel
Not Pictur ed:
Janet G. Ashe
David Barrons
Suzanne Barrons
Timothy & Jessica Burkhardt
Alexander Calderone
Charles Ciuni
Larry Cooley & Cathy Gaber-Cooley
William & Tami Coyne
Peter Dahlberg
Timothy & Linda Dankoff
Jill Dempster Licata
Gordon & Shirline Durkee
Ronald & Eileen Eckstein
Richard Evans & Jean Foy
Timothy Forrester
Michael & Tricia Foster
Kendall & Jacquelyn Fox
Katherine & Jeffrey Frey
Terry W. Fuller
Thomas & Amy Graham
John & Beth Grant
David & Lori Helisek
Susan & William Hermann
Mr. Hugh Hickok
Mark Hunter
Paul Janell
William & Carolyn Kinney
Laurie Kipp Klecha & Michael Klecha
Daniel Maher
Patrick & Carol Mansfield
Michael Marcero
Mrs. Mary B. &
Mr. James E. McCartney
Terrence & Elizabeth Meter
Colin & Marie Nisbet
Kevin J. Ohl & Susan Cornell-Ohl
Mr. & Mrs. James P. O’Rilley
Robert & Martha Palmer
Lawrence & Susan Perlin
James Quigley
Laura Rasico
Robert & Joan Reinhart
Roland & Josephine Salmonson
James Shrier
Clare Silbert
Steven M. Strauss & Jeanette E. Clute
Michael & Michele Swartz
Gregory & Susan Taylor
Doug & Shelly Thomas
Lowell & Susan Thompson
Julie Wahrman
Don Wheeler
William & Wendy White
Jon & Marcia Woods
Jeffrey Zaleski
18
*Report is based upon actual contributions received during the fiscal year as reported by University Development.
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
$500-$999
Jennifer & Ryan Barish
John Bebes
Matthew & Kristy Becker
Karen & Milan Belans
Stephen & Dana Bosak
Mr. David B. Brower
Mark Davidoff
Bruce Delbecq
Patricia Derry
Glen Donovan
Sharon Filas
George A. & Diane M. Fox
Cynthia Gabriel
Susan Gill
Severin & Sharon Grabski
Mano & Judith Hardies
Stephen & Kimberley Harfenist
Jim & Laurel Harris
Tammy & Archie Hoebecke
Joan Hoefer
Patrick & Marlyce Horan
Mr. & Mrs. Larry Jeffers
Joseph & Lenora Kauffman
Sean & Margaret Keenan
Christopher & Cynthia Knoll
Jack Koenigsknecht
Kevin & Deidre Krause
Mariann Krieger
William & Shirley Linne
David & Jeanne McCartney
David Nathan
Richard & Lori Noechel
Lawrence & Kimberly Oberst
Nancy & Thomas Olenski
Kenneth Pagel
Jay & Gail Pearlstein
James & Suzanne Reinhart
Robert & Maureen Rietz
Michael Seadle & Joan Luft
David & Heather Simmet
Kelly Sinclair-Springer
& Randall Springer
Stacy Smith
Harold Soper
Brian Sullivan
Mr. Kenneth A. &
Mrs. Ann K. Thelen
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Mrs. Donna C. Hoefer
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Timothy Jackson
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Jay Johnson
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Angelo Meli
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Gale Newell
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Max Noble
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Winifred H. Rome
Kenneth Rosenzweig
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Theodore & Ann Schafer
Thomas Schellenberg & Joan Young
Travis Schmidt
Larry Seese
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Parvez & Bakhtavar Sopariwala
Justin Stilwill
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Erik Strang
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James Ward
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Tracy Wiles
Abbey Wilson
Joseph Wing
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Mr. & Mrs. Robert Wyman
Jennifer Young
Gary A. & Beverly A. Zell
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Lawrence Ozzello
Seth & Lorena Parker
Renee Redmond
Andrea Selley
Arthur & Nancy Sieting
Carter & Doris Strong
Stephanie & Curtis Tatro
Denis & Jill Wills
$250-$499
Mr. & Mrs. Seymour Adler
Laurence & Jean Appel
Dennis & Terry Bogard
Michael S. Brackenridge
Jack Branham
Robert Byelich
Matthew Cole
Gary & Theresa Corona
Jennifer Curtis
Melanie Dawe
Robert & Miriam Donahue
Patricia Essex & Mark Asman
$100-$249
Matthew & Connie Anderson
Brent Baker
Daniel Bargy
Catherine & Jeffrey Bonnes
Steven & Carol Borsum
Carolyn Bowden
Jonathan Bruss
Scott & Kathryn Carano
Michael Carmody
Lisa Carroll
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Antonio & Jodie Cosbey
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Robert J. Davison
Joseph Dineen
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Renee Dory
Marvin & Marilyn Eckerle
Paul & Angela Edwards
Rui Fan
Ronald & Sharon Felzke
Christina & Michael Ferland
William & Carol Ferrara
David Fetyko
Other Contr ibutions
Philip Alt
Rebecca Ashburn
Jeffrey Bennett
James & Marta Birchfield
Kimberly Christensen
George & Laura Ferns
Katherine Fleming
Joan M. Garety
Thomas Gomersall
Paul Kambly
Ryan Kiley
Kevin Mccarty
Fall 2006 Newsletter
Broad School Department of Accounting and Information Systems
19
Alumnus of the Year 2006
Robert W. Sch aberg
Bob was raised in Lansing and attended Sexton High School. He graduated with
an accounting degree from Michigan State in 1964. He started his career working
for Lybrand, Ross Bros. & Montgomery (LRB&M) in Detroit. After a few years of
experience, he earned an MBA from Wayne State University; then resumed working for LRB&M. In 1972, he began working for Amurcon Corporation in Michigan.
After five years, Amurcon supported him in a move to Virginia where he established
Amurcon Corporation of Virginia (ACOV). Bob has served as president of this company since its inception and is now its sole stockholder.
In the early 90’s, Bob created the Virginia Nonprofit Housing Coalition (VNHC) to support
a philanthropic focus. He and wife, Anna Lou,
recruited a board that shared a common interest in providing affordable housing and
utilizing earnings from VNHC to support
community projects. Anna Lou is responsible for the company’s grants and gifting programs. Bob and Anna Lou serve on a number
of community boards and they, as well as all
other VNHC board members, serve VNHC
voluntarily. Bob has spent the majority of the
last 10 years building VNHC; an accomplish-
ment for which he is extremely and justifiably
proud. As a nonprofit, the organization has
been able to purchase housing properties from
ACOV at affordable prices, renovate them and
rent them to low and moderate income families. To date, the organization has supported
numerous philanthropic projects, including a
scholarship program for children living in its
housing communities.
This past year Bob created an Endowed Chair
in the Department of Accounting and Information Systems in The Eli Broad College
of Business, through a commitment from
the VNHC. The nonprofit organization has
agreed to make gifts to Michigan State University in the amount of $1,500,000 to support the Ernest W. and Robert W. Schaberg
Endowed Chair in Accounting.
He credits his parents, Ernest and Vernita, for
raising him right and providing him the values he has today. Bob provides evidence of this
appreciation by including his father’s name in
the endowment title.
Nonprofit Org.
U.S. Postage
The Eli Broad College of Business
Department of Accounting and Information Systems
Michigan State University
N270 North Business Complex
East Lansing, Michigan 48824-1122
PAID
East Lansing
Michigan
Permit No. 21