Fisher School of Accounting annual report

MISSING IMAGE

Material Information

Title:
Fisher School of Accounting annual report
Physical Description:
Serial
Creator:
Fisher School of Accounting, Warrington College of Business, University of Florida
Publisher:
Fisher School of Accounting, Warrington College of Business, University of Florida
Place of Publication:
Gainesville, Fla.
Publication Date:

Subjects

Genre:
serial   ( sobekcm )

Record Information

Source Institution:
University of Florida Institutional Repository
Holding Location:
University of Florida
Rights Management:
All rights reserved by the source institution and holding location.
System ID:
AA00001565:00002


This item is only available as the following downloads:


Full Text









-





AAA

















0ISE S g gO, ACiiIN
-' :,ee
AL ~I
A.- AO




1aj~e~L







A Note

From the

Director

The last year has been an
exciting time for the Fisher
School. A generational tran-
sition is taking place among
our faculty, with the retire-
ment of long-time profes-
sors and the addition of five
new assistant professors (a
change in almost one-third
of our faculty). The last time
the School saw this level
of faculty change was in
the mid-1980s. The Fisher
School has been fortunate
in its ability to attract high-
quality professors often re-
taining them for their entire
academic careers. Insur-


ing the future of the Fisher
School requires attracting
creative, energetic people,
and providing them the re-
sources to flourish in both
educating future leaders
of the accounting profes-
sion and contributing to ac-
counting theory and prac-
tice through research.
Our programs, students,
and faculty continue to be
recognized for excellence.
The 2010 Public Accounting
Report survey ranked our
undergraduate program as
the very best in the nation
among programs with me-
dium faculty size (and sev-
enth in the nation for pub-
lic institutions of any size).
Our graduate program was
ranked second nationally in
the same group (10th among
all public institutions). Ad-
ditionally, our undergradu-


ate program was ranked
12th and our graduate pro-
gram placed 13th among
public institutions by U.S.
News & World Report.
Our students continue
to work hard and remain
sought after in the market-
place. Fisher School gradu-
ates' CPA exam perfor-
mance continues to double
the national average. Our
student teams are repre-
senting us well in several
national competitions. Of
particular note, our UF
"xTAX Competition" team
was selected as one of the
five national finalists from
more than 400 teams at
participating universities
across the country, earning
a trip to Washington D.C.
and a $10,000 prize. The
Fisher School faculty's re-
search is well represented in


the top accounting journals
and key conferences around
the globe. Two of our Ph.D.
students presented their
research at the top confer-
ences in their field, taking
slots normally earned by
full-time faculty members.
The items in this report
are but a few examples of
the achievements of our
students and faculty. Please
visit us at http://war-
rington.ufl.edu/fsoa for
regular updates on the ac-
tivities of our students and
faculty.






Gary McGill
Director of the Fisher School
of Accounting






































I -


r,


''







tter onallyA~
i/Io Wd



t" ii
U" ng.







Fisher

students

reach

national

finals

UF students
outlast more
than 400 teams in
Pricewaterhouse-
Coopers event

The University of Flori-
da was selected as one of
five national finalists for
the PricewaterhouseCoo-
pers xTAX (Extreme Tax)
Competition.
UF's representative, Po-
tentia Consulting, beat out
more than 400 teams across
the country. Potentia Con-
sulting consisted of Adam
D'Augelli, Nikolai De Leo,
Chelsea Dickinson, Joey In-
sua and Zach Turner.
PwC xTAX is a nation-
wide campus competi-
tion where students work
amongst themselves and
with Pricewaterhouse-
Coopers professionals. The
teams replicate real world
situations by formulat-
ing answers to some of the
same issues that challenge
today's business and gov-
ernment leaders. Students
from the Fisher School of
Accounting and Warrington


College of Business Admin-
istration have participated
in the competition since the
contest's inception in 2002.
"Our team was put
together by our captain,
Nikolai, who pretty much
took it upon himself to
find people with particular
strengths which could fit
together nicely and meet
all of the needs of the com-
petition," says Insua, who
is scheduled to graduate
with a Bachelor of Science
in Accounting this spring.
"In particular, we focused
on putting together a team
of people with presentation
experience and with a hun-
ger to win. We didn't have
too much tax knowledge
going into the competition,
but felt that with research
and creativity we could
definitely have a chance
at winning."
Before advancing to na-
tionals, Potentia Consulting
navigated through a field of
seven other teams at UF's
competition in October
where they made presenta-
tions to a panel of judges
comprised of PwC manag-
ers and partners. The issue
the teams were presented
with at the competition was
aiding a country finance
health-care reform.
"After our presenta-
tion was complete, we were
confident that we had done
our best," Insua says. "We
knew that our presentation
was good, but there was
still a lot of uncertainty be-
cause we had not seen any


of the other teams present.
We were confident that we
had a good chance of win-
ning, but were prepared
for anything."
In addition to receiving
a $1,000 prize, the team's
presentation was filmed
and sent to a panel of na-
tional judges which named
the team one of five na-
tional finalists. The team
received $10,000 for its
accomplishment.
"I can't speak for ev-
eryone, but I was shocked
when we were selected for
nationals," Insua says. "It
wasn't because I thought
we weren't good enough, in
fact I knew we were. It's just
that it was hard to process
that we were going to be
representing UF for the first
time at the xTAX finals, and


that we were one of the best
five teams in the country."
Three months after win-
ning the UF competition,
Potentia Consulting deliv-
ered its winning presenta-
tion again at nationals in
Washington D.C. before a
panel of National Tax Part-
ners. It was an invaluable
experience for Insua and
his teammates.
"At the competition,
we had the opportunity to
learn a lot about PwC, and
opportunities for careers in
tax," Insua says. "We also
got to meet students from
all over the country, and
network with PwC profes-
sionals from different re-
gions. It was an incredible
learning experience, and I
think it brought our whole
team even closer."


We focused on
putting together
a team of people
with presentation
experience and
with a hunger
to win.


4*,






FSOA

resides

atop PAR

rankings

Undergraduate and
graduate programs
ranked among
nation's best
The 28th Annual Survey of
Accounting Professors pub-
lished by Public Accounting
Report (PAR) ranked the
Fisher School of Account-
ing's undergraduate pro-
gram first and its graduate
program second among
national universities with
similar faculty size.
The PAR categorized
schools into three groups
based on faculty size. The
largest faculties were placed
in Group I, mid-size facul-
ties in Group II and smaller
faculties in Group III.
UF was placed in Group
II despite the fact that the
Fisher School graduates as
many students as most pro-


grams in the large faculty
size group. UF's top-ranked
undergraduate program
was one of only two from
the state of Florida to make
the top 25 as was UF's grad-
uate program.
PricewaterhouseCoo-
pers Professor of Account-
ing and Fisher School Di-
rector Dr. Gary McGill says,
"I am always pleased to
have external rankings sup-
port what we already know
about the high quality of
our students, faculty, staff,
and programs."
In the overall rankings,
the Fisher School's under-
graduate program ranked
seventh among public in-
stitutions and 10th overall.
The School's graduate pro-
gram finished 10th among
public business schools and
13th overall.
UF's doctoral programs
were recognized twice by
the PAR for research and
teaching. UF ranked 14th
among public institutions
and 23rd overall for doc-
toral research and the Fish-
er School was 15th among
public schools and 21st
overall in doctoral teaching.


AJ! I nTf gs


Undergraduate
program
(mid-size faculty group)




Graduate program
(mid-size faculty group)



Undergraduate
program
(among public business schools)


Undergraduate
program
(overall)




Graduate program
(among public business schools)




Graduate program
(overall)



Doctoral program
(research
(among public business schools)



Doctoral program
(teaching)
(among public business schools)







176BSAc



118Mace


among public
graduate
programs


among public
undergraduate
programs


degrees were conferred
from Fall 2009 through
Summer 2010
U.S. News & World Report recently ranked the University
of Florida 13th among the nation's public universities with
respect to graduate accounting programs and 12th among
undergraduate accounting programs.

FSOA Student Demographics Degrees Conferred


-Ual Sprin Sum
I I Udergrduat


F09-SulO
F08-Su09
F07-Su08
F06-Su07
F05-Su06
F04-Su05
F03-Su04
F02-Su03
FO1-Su02
FOO-Su0l
F99-SuOO


malprngm --r fa


FSOA
students
support

VITA
program


About 150 students from the Fisher School of Accounting prepared approximately 750 tax
returns for low-income families this spring. "This is a situation that can help both par-
ties," said Michael Moss, VITA [Volunteer Income Tax Assistance] program director for
Alachua County. "They're [Fisher students] helping low-income people and getting work
experience in the area they're training in." Fisher students endured four training sessions
by IRS representatives and were required to pass a certification test to participate. Moss
said the families received $1.2 million in tax refunds and saved an estimated $150,000 in
tax preparation costs. Catherine Pao, a graduate student at Fisher, volunteered for the pro-
gram last spring and served as a program director this year. She said there were about 100
more volunteers this year than last year allowing the program to expand to 11 area sites,
including seven in Gainesville. "I was interested in doing taxes and helping out the com-
munity," Pao said. "I was very involved in that first year, but I felt like I could have more
of an impact." Moss said it is students like Pao who make area programs like VITA suc-
cessful. And Moss said the contributions of Fisher students are not lost on the community.
"They're quite appreciative," Moss said. "It's a win-win situation and students are at the
center of the whole thing."






School Demographics


46%


D Male
D Female


The School's student population is 54% male and 46% female and
is composed of 65% White, 5% African-American 15% Hispanic
11% Asian and 4% other students


CPA Performance

Exam performance for 2008 was recently released (October
2009), and the results show 120 undergraduate and 28 gradu-
ate students from the Fisher School of Accounting took part or
the entire exam during the 2008 year. FSOA BSAc graduates
were ranked 5th among peer schools with a passing rate of 55%
(national average 31%). Students with a graduate degree were
ranked first among peer schools with a 79% passing rate (com-
pared to the national average of 38.5%).


FSOA BSAc graduates


Other

Biannual Exit survey data indicate the vast majority of gradu-
ates begin their career in public accounting with starting sala-
ries averaging $50,000.





Graduate fellowships totaling approximately $95,000 were
awarded to 33 students at the 2010 Awards Banquet.


White
African-
American
Hispanic
Asian
Other


FSOA Macc graduates


M0001






FSOA

Student

Council


Beta

Alpha


The Fisher School of Accounting Council (FSOAC) is part of the campus-wide Board of
College Councils. The FSOAC serves as a liaison between faculty and students and under-
takes a variety of activities such as informing students about career opportunities, holding
social events for students and faculty, and to provide community service.

* This year the Council published 14 issues of the Fisherman to inform students of
matters of interest to accounting students. The ever popular Fall and Spring trips for
Council Gold members were to Jacksonville (visits to E&Y, Deloitte, and PwC) and
Miami (visits to BDO and KPMG), respectively.

* The Council also held 10 community service events the most notable of which
included:

o Assisted Peaceful Paths in moving into their new office after afire destroyed
their building.
o Volunteered numerous weekends for the United Way of North Central Florida's
weekend hunger backpack program. The program identifies chronically hungry
children on the free/reduced lunch program that are in need of nutritional assistance
over the weekend.

o Raised more than $1,300 through a variety of fund-raising events to support the
American Cancer society.
o Supported the Family Fun and Safety Expo by staffing the event and helping with set
up, clean up, handing out pamphlets and books. This event raised funds to provide
programs to the children of Alachua County Schools.

* Hosted 180 guests at the School's annual Spring Awards Banquet.


The UF chapter of this honorary accounting fraternity was established in 1938. The primary
objective of Beta Alpha Psi is to encourage and give recognition to scholastic and profes-
sional excellence in the business information field. Beta Alpha Psi conducts a very active
professional program each year, including:


P i Professional Speaker Series (a formal course featuring speakers from the
PSI professional community)
SFSOA Accounting Firm Social (This event is an opportunity for smaller to mid-sized,
local and regional accounting firm representatives to return to campus and meet and
recruit our accounting students. This event was designed to make students more
comfortable with recruiting functions and expose them to opportunities with smaller,
regional, and boutique style firms.









FacultyPuS0lic@ti 00720S0






S t e p h e n A s a r e ........................................................................................................................................................................
"The Effect of Goals on Auditors' Judgments and their Perceptions of and Conformity to other Auditors' Judgments," Managerial Auditing Journal, Volume 24
(2009): 724-742; with A. Cianci.
"The Impact of Competing Goals, Experience, and Litigation Consciousness on Auditors' Judgments," International Journal of Auditing, Volume 13 (2009) 223-
236; with A. Cianci and G. Tsukamis.
"Internal Auditors' Evaluation of Fraud Factors in Planning an Audit: The Importance of Audit Committee Quality and Management Incentives," International
Journal of Auditing, Volume 12 (November 2008) 181-203; with R. Davidson and A. Gramling.
"The Effect of a Justification Memo and Hypothesis Set Quality on the Review Process," Behavioral Research in Accounting, Volume 20 (2008) 1-12; with A. Wright.


J o e l D e m s k i............... ...........................................................................................................
"Tension Relevance," Journal i r Accounting Research (2009); with J. Fellingham and H. Lin.
"Asset Revaluation Regulations," Contemporary Accounting Research (Fall 2009), with H. Lin and D. Sappington.
"Quantum Information and Accounting Information: Exploring Conceptual Applications of Topology," Journal of Accounting and Public Policy (March-April
2009), with S. FitzGerald, Y. Ijiri, Y. Ijiri, and H. Lin.
"Quasi-Robust Multiagent Contracts," Management Science (May 2009), with A. Arya, J. Glover, and P. Liang.
"Useful Additional Evaluation Measures," Journal i .r Accounting Research, (2008 Special Issue), with J. Fellingham and H. Lin.
"Interaction between Measurement and Production," Journal of Management Accounting Research (2008), with J. Fellingham, H. Lin and D. Schroeder.
"Where is the Passion?" (Panel on Big Unanswered Questions in Accounting), Accounting Horizons (December, 2008).
"Asset Revaluation Regulation with Multiple Information Sources," Accounting Review (July 2008); with H. Lin and D. Sappington.
"Accounting and Economics," The New, Dictionary of Economics (2008).
"The FASB's Conceptual Framework for Financial Reporting: A Critical Analysis by the AAA Financial Accounting Standards Committee," Accounting Horizons
(June, 2007), with G. Benston (primary author), D. Carmichael, B. Dharan, K. Jamal, B. Laux, S. Rajopal, and G. Vrana.
"Is Accounting an Academic Discipline?" Accounting Horizons (June, 2007).
"Anticipatory Reporting Standards," Accounting Horizons (December, 2007); with J. Christensen.
"Analytic Modeling in Management Accounting Research," in C. Chapman, A. Hopwood, and M. Shields (eds.) Handbook of Management Accounting Research
(Elsevier, 2007).


M a r c u s K ir k ............................ .............................................................................................................................................
"Research for Sale: Determinants and Consequences of Paid-for Analyst Research" Journal of Financial Economics (forthcoming).
"Memory, Transaction Records, and the Wealth of Nations" Accounting, Organizations and Society, Volume 34, Issue 8, November 2009: 895-917; with Sudipta
Basu and Greg Waymire.


R o b e r t K n e c h e l...................................................................................................
"Litigation Risk and Audit Firm Characteristics," Auditing: A Journal of Practice & Theory (forthcoming); with J.Casterella and K. Jensen.
"Auditor Differentiation, Mitigating Management Actions and Audit Reporting Accuracy for Distressed Firms," Auditing: A Journal of Practice & Theory
(forthcoming 2010); with L. Bruynseels and M. Willekens.
"The Effect of Benchmarked Performance Measures and Strategic Analysis on Auditors' Risk Assessments and Mental Models," Accounting Organizations &
Society, Vol 35: 316-333; with S. Salterio and N. Kotchetova.
"Accruals and the Pricing and Production of Audit Services," Auditing: A Journal of Practice & Theory (forthcoming 2010); with C. Schelleman.
"Why Standards Matter," Published in Zicht op Schilder: Ethiek, control en toezicht (Libor amicorum voor prof dr. Arnold Schilder). University of Amsterdam
Business School, 2010.
"Audit Lessons from the Economic Crisis: Rethinking Audit Quality," Published lecture. Maastricht University (September 2009).
"Evaluation of the Differences between International Standards of Auditing (ISA) and the Standards of the US Public Company Accounting Oversight Board
(PCAOB)," Internal Market and Services Directorate of the European Commission (July 2009); with A. Vanstraelen and R. Meuwissen.
"A Modified Audit Production Framework: Evaluating the Relative Efficiency of Audit Engagements," The Accounting Review, (September 2009): 1607-1638;
with P. Rouse and C. Schelleman.
"Is Self-Regulated Peer Review Effective at Signaling Audit Quality?" The Accounting Review, (May 2009): 713-735; with J. Casterella and K. Jensen.
"The Effects of Advertising and Solicitation on Audit Fees," Journal of Accounting and Public 2009 Vol 29: 60-81; with D. Hay.
"Economic Incentives for Voluntary Reporting on Internal Risk Management and Control Systems," Auditing: A Journal of Practice & (May 2008): 35-66;
with R. Deumes.
"Determinants of Auditor Choice: Evidence from a Small Client Market," International Journal of Auditing, (2008): 9-24; with L. Niemi and S. Sundgren.
"Evidence on the Impact of Internal Control and Corporate Governance on Audit Fees," International Journal of Auditing (March 2008) Vol. 12, No. 1, pp. 9-24;
with D. Hay and H. Ling.

















"The Business Risk Audit: Origins, Obstacles (and Opportunities)," Accounting Organizations & Society (May/July 2007) 383-408.
"Does Auditor Industry Specialization Matter? Evidence from Market Reaction to Auditor Switches," Auditing: A Journal of Practice & (May 2007) 19-45.
"The Relationship between Auditor Tenure and Audit Quality Implied by Going Concern Opinions," Auditing: A Journal of Practice & (May 2007) 113-
131; with A. Vanstraelen.


G a ry M c G ill............... ....... ..................................................................................................
"Achievement Goals, Feedback, and Task Performance," Human Performance, Volume 23, Issue 2, April 2010, 131 154; with A. Cianc and J. M. Schaubroeck.
"Acquiring International Tax Knowledge," Advances in Taxation, Volume 18, 143-169, 2008; with J. Fecowycz, E. Larkins, and T. Porcano.
"The Variation of Homeowner Tax Preferences by Income, Age, and Leverage," Real Estate Economics, Vol. 35, No. 4, 2007; with D. Ling.
"The GAAP in Tax Education: Integrating Tax and Financial Accounting in the Tax Curriculum," The Tax Advisor, February 2007, 118-121; with E. Outslay.


D av id R ep p en h ag en ................................................................... ................. ... .. ........ ..... ... ... ..
"Contagion of Accounting Methods: Evidence from Stock Option Expensing," Review of Accounting Studies (forthcoming).


J e n n y T u c k e r ..........................................................................................................................
"Is silence golden? Earnings warnings and change in subsequent analyst following." Journal of Accounting, Auditing & Finance (forthcoming).
"Within-industry Timing of Earnings Warnings: Do Managers Herd?" Review of Accounting Studies (forthcoming, web publication 12/13/2009); with
Senyo Tse.
"To guide or not to guide? Causes and consequences of stopping quarterly earnings guidance," Contemporary Accounting Research, Spring 2010, Vol. 27, No. 1,
pp.143-185; with Joel Houston and Baruch Lev.
"Is openness penalized? Stock returns around earnings warnings." The Accounting Review, July 2007, Vol. 82, No. 4, pp. 1055-1087.


I P oid ReppenhagenI11 v Tucker =1














WE r .




--- I M







Focus on

literature

UF's Accounting
Faculty and
Ph.D. Graduates
Highly Ranked
in Contributions
to Accounting
Literature

A new paper authored
by Jean L. Heck of Saint
Joseph's University has
named several current and
former members of the Fish-
er School faculty and UF
graduates as significant con-
tributors to the accounting
literature over the past half-
century (1959-2008). Heck's
data indicates that 10,542
unique authors published
in the core 25 accounting
journals over this period.


Joel Demski, Frederick
E. Fisher Eminent Scholar
in Accounting, was noted
as the most prolific author
in the accounting literature
of the past half-century.
Demski was the number
one author in two analyses:
one of authors published
in five leading accounting
journals, and a second of
authors published in the
25 core accounting journals
examined. Two other cur-
rent Fisher School faculty
members appear in the top
ranked authors in the lead-
ing five journals: W. Rob-
ert Knechel, Ernst & Young
Professor, at number 391
and Stephen Asare, KPMG
Term Professor, at #529.
Several former faculty and
UF graduates also appear
on the list of prolific con-
tributors to the accounting
literature. Heck calls the au-
thors identified in the study
"truly remarkable."


- *---*- '-
i .. .' --'- '
*.. ,-* ... .


Five Leading Accounting Journals


25 Core Accounting Journals


ahCerrrit&Eet c tu
Joel Demski
Rashad Abdel-Khalik (emeritus)
- Willard Stone (deceased)
Doug Snowball (deceased)
David Sappington (UF Economics)
W. Robert Knechel
Stephen Asare


Senyo Tse
SRobert Freeman
- William Messier Jr.
- Linda Smith Bamber
Karl Hackenbrack


Steven Kachelmeier
Robert Sterling
SBryan Church
Julie Collins
Prem Jain
Mohamed Shehata
Richard Tubbs
Sanjeev Bhojraj
Richard Hatfield


SLinda McDaniel
Lillian Mills
Patrick Hopkins


Joel Demski
Rashad Abdel-Khalik (emeritus)
- W. Robert Knechel
Willard Stone (deceased)
Stephen Asare


William Messier Jr.
SMichael Bamber
SSenyo Tse
-a Robert Freeman
SLinda Smith Bamber
SRowland Atiase
SAnwer Ahmed


Gary John Previts
SWanda Wallace
Steven Kachelmeier
Bryan Church
Julie Collins
William Hillison


Lillian Mills
SLinda McDaniel
Patrick Hopkins


Anwer Ahmed
Rowland Atiase
Michael Bamber






E -o l Gina .aeic
I.















wrm ._lYIU
a. Micae Wila E.








1, Cok/eloite rown Jr




RTi YOU *a Ea ENSy YOU* iam








EveryinWounin Quasity EveryinmilDo
S F
*Acaounting





*eoit & Duggan, Joinera a






ErT& YON Yon ERNST& YON Youa
e Eveythin ME G ityh Evecouingting




Frdeic E. Fihe Scha.
Fihe Emnn Enancemen
Scoar Cai aun


SDeloitte eli









a a a
Accunin

Fun a


h eoit

Partnara
Proesorha


Endowments


I ...


Del






SERN
Quatyh











SFFisher Shoolel
of AAocontng Fellwshi
e Geron, G Preston Robinson

















































t FOUNDATION












ST Deferred Gifts
C



Prfss h a Scoasi Endowment
FOUDAIO


..C. . . . . . . .




Deere Gifts


Bernard Berkman
William T. Brooks
John Bumgarner
J. Michael Cook
Harry Daniels
Timothy Deckert
A. Ross Evans
Jimmy C. Fischer
Frederick E. Fisher


Dr. Jack Guistwhite
Andrew McGhin, Jr.
Davis Rembert
Jay Rossin
Dr. John Simmons
Douglas H. Thompson, Jr.
Alfred Warrington IV







$1-$99


Larry A. Aiello
Jaimee Alvarez
Carrie Y. & Ronald D. Anderson
Aspect
C. Elwood & Trudy L. Aust
Richard P Bernard
Laurence R. Bernstein
Alexandra M. & Brad Bond, C.PA.
Susan M. & Thomas D. Borland
J. Vincent & Victoria V. Boyle
Manley T. & Violet B. Branham
Tara M. Brant
Michael I. Braverman
Scott T. Bridgman
Jason L. & Kristina G. Brinkman
Raymond L. & Mrs. Clelia B. Bullard
Eric W. Thrailkill & Nanci S. Bullock
Jessica L. Burns
Brenda E. & David J. Byrne
Heather L. Henderson &
Carlos Camarotti
Lawrence K. Chen
Jennifer L. & Eric B. Christensen
Robert J. & Valerie M. Cohrs
David M. & Esther E Comite
Wayne R. & Janice N. Compton
John C. & Gwen L. Connery
Randall S. & Sheila E. Conway
Mrs. Mallory G. & Scott M. Curtin
Raphael Dagan
Frank S. Damas
Kevin E. & Barbara L. Dembinski
Maj. Roger C. Pierce, USAF (Ret.) &
Diann V. Dimitri
Mrs. Mondania M. &
Chad D. Drummond
Erin R. Dunn
Charles D. & Jessica A. Dupree
Patrick J. & Elizabeth D. Dussinger
Douglas C. & Eileen N. Ebanks
Merrill Edison
John C. Elder
Larry C. & Cynthia M. Fedro
Mr. & Mrs. Daniel Fitzgerald
Sharon P. & Walter Fourakre
Tracy A. Frady
Mrs. Brooke D. & Kurt M. Frahn
Neil D. Freeman
Gloria M. & Todd C. Garrison
James W. & Pamela C. Gibson
Michelle K. & Mark E. Glater
Mark T. & Nina W. Godwin
Hunter N. & Mrs. Fara R. Gold
Michael H. & Mrs. Jean Gold
Julie S. & Robert Goodfriend
Michelle D. & Raziel Gridi




Donations


Malcolm D. & Sandra K. Gropper
GTE FCU Charitable Foundation
Ann E. Hager
Edward Halsey
Deborah D. & Charles W. Hamil III
Melissa L. Hansen
Erika R. Lewin-Harris &
Terrence W. Harris
Matthew H. & Pamela J. Hartmann
Jennifer L. Haynes
Carolann Higgins
William A. & Sharon L. Hillison
Eugene S. & Suzanne T. Hine
Shannon M. Hogan
Carlos M. Hondal, Jr.
Mr. & Mrs. David Van Hoven
Joshua S. Hunter
Larry E. & Suzanne S. Israel
Dirk L. Jacobs
Norman C. (d) & Emily G. Johnson
Andrew T. Jones
Douglas S. & Linda W. Jones
Barbara L. Keiger
Janet P. & Shaun N. Kelly
Mrs. Minde W. & Lewis J. King
Nora M. & Andrew Z. Kish
Lawrence A. Kraujalis
Lynn E. & James R. Kupferschmid
John C. & Kimberly A. Lege
Coman C. & Mrs. Mirtala Leonard
Joan E. & Brian Leshner
David S. & Kari M. Lieber
Nicole C. & Matthew J. Mascera
Thomas M. & Sharon L. McDaniel
Alan M. & Jacqueline M. McDonald
Hubert C. & Jacqueline G. McIntosh
Mrs. Amrita S. & Bryan McRae
Nathaniel W. Whitley &
Ashley L. Mead
Randall S. & Mary T. Meyer
Shari W. & Jess E. Miller
Wanda P. & Allen E. Miller
Elaine M. & Alan Moore
Jennifer R. & Michael G. Moore
Jane E & Brian P. Mormile
Pamela M. Morrow
Thomas E. &
Mrs. Area R. Nordmann
Patrick W. Odell
Heather P. & Alejandro A. Pacin
Leanne E. & Kenneth B. Paquin
Robert J. & Debra B. Parish
Carlos M. & Edith Perez
Richard M. Tubbs & Shari Piekarski
Coulla Pieri
Gregory S. & Jennifer M. Popkin


Kristina N. Porter
Michael L. Posten II
Leah M. Price
Douglas R. Puglio
Robert D. & Deborah A. Pullen
Fredrick M. & Rebecca L. Roche
Kathleen E. Rossi
Alan I. & Sherie A. Rubin
James D. Ruyle
Glenn A. Scharf
Vincent E. & Alina T. Schreiber
Dona W. Sheldon
Siemens Energy, Inc.
Scott M. Silbermann
Daniel J. & Mrs. Honit L. Simon
Kim C. & Cheryl S. Simpson
Jodi L. & Keith A. Skolnick
Julie D. & Don H. Slagle
Douglas A. & Cynthia O. Smith
Henry I. Sonnabend
Christopher L. Spencer
Michael J. & Margaret H. Stiglitz
Stephen A. & Jacqueline S. Stites
Michael J. & Christina M. Sullivan
Esther Superstein
Stephen R. & Ann H. Swank
Alan L. Swartz
Bernard & Rita B. Swichkow
SYSCO Corp.
Stephanie L. Thompson
Mark E. Timmes
Charles D. & Pamela D. Townsend
Mrs. Jean A. & John S. Tsagaris
Alexander S. Urquhart
Carlos R. Urtiaga
Jennifer L. Vasser
Cheryl Jordan-Venero &
Ramon J. Venero
Carol A. & Gill A. Villemaire
Debbie R. Vogel
Nathan L. Wadlinger
Arimentha R. Walkins
John E. & Patricia E. Watson
Jeffrey S. & Janet N. Week
John V. Weidkunas
Harry R. & Edith Wells
David L. & Anne Whitehead
Tabitha N. & Christopher K. Wilkey
Terrance & Amie E. Wilson
Mrs. Deann L. & Frank H. Wojcicki
Robert M. Wolf
Mrs. Carlina J. &
James M. Womeldorph
Richard J. & Vicky M. Wright


Gregory B. Adams
American Express Foundation
Allyson A. & Derrick E. Andres
Jill F. & Jonathan L. Andron
Graham E. & Laurie A. Argott
Kim E. & Karen V Autrey
Laura L. Ayoub
Jeffrey D. & Sandy Baiocco
Cheryl L. & Gabriel R. Baizan
Alden & Cindy K. Baker
Lyle J. Ball
Bank of America Foundation
Russ J. Battiato
Gary M. & Mrs. B. Brenda Beecher
Barry N. & Arlene J. Berlin
Laura P. & Timothy M. Bever
Cecilia E. Billingsley
Andrew J. & Carol M. Bohlmann
Gene S. & Janet J. Bonham
Amy L. Bridgham
Catherine C. & Larry R. Brooks
Mervin T. & Charlotte A. Brown
Thomas A. & Elsa T. Burgess
Deric V. Cablish
Robert J. Carey
Linda M. & Robert G. Carneal
M. L. Campbell-Castaline &
Todd M. Castaline
Irene V. & John N. Castelino
Robert E. & Sharon Z. Chevalier
Linda C. Christensen
Rolando C. Cicarelli
Julie M. & Christopher B. Collins
H. N. & Margaret S. Cornell
Victor M. Corral
Antonio & Stephanie S. Correa
Andrew D. & Diane M. Crooks
Gayle E. & Shawn P. Davidson
Chadwick H. Davis
Kelly R. & Meredith B. Dee
Michele G. DeLong
Steven M. & Emily D. Demar
Kevin D. & Mrs. Darice E Dennis
Dominique A. DeSantiago
Dwaine E. & Ellen C. Eastham
Robert D. Eddy
Matthew E. & Susan D. Edelman
Joel W. & Cindy K. Eng
Mark E. & Mary Y. Engwall
Patrick C. & Patricia H. Everett
Christina E & Kurt A. Ewoldt
Exelon Corp.
Constance K. & Jason C. Faulkner
Lisa H. & Kevin Fazzari
Suanne H. & Philip D. Fechtmeyer
Barbara Rinde & Marc S. Feller
Margaret H. & George N. Fernandez
Edwin A. Foreman











Robert D. & Mrs. Theza L. Friedman
Christopher &
Kathie A. Frieman-Breakiron
Susan K. & Jeffery L. Fuller
Jewish Communal Fund
Kevin P. & Tara A. Gannon
GE Foundation
Helene W. & Robert M. Geller
Robert J. & Elizabeth A. Gilley
William L. Gladstone
Brian S. & Abby E. Gleicher
David A. & Jennifer L. Glinter
Rebecca R. Goodpasture
Rodd D. & Lori K. Gould
Susan L. & Donald E. Grant
Jennifer A. Griffin
Scott M. & Mary H. Grossman
Jack C. & Margaret S. Guistwhite
Steven P. & Mrs. Nurit N. Haft
Melissa T. & Gary N. Hardie
Heather L. & Troy V. Harnage
Robert L. & Martha C. Hartman
Kenneth S. Hartwig
Tracie K. & Timothy E. Henderson
Jennifer C. Hepler
Paul L. Hertenstein
Janice M. & John A. Hertig
James S. Hill
Dale E. & Janet M. Hocking
Kevin S. & Dawne G. Hohn
James T. F & Ulrike B. Houston
John A. & Margaret L. Hubner
James R. & Betty T. Hunter
Jennifer M. Hurley
Roger A. & Kay C. Ingley
Scott W. & Amy R. Jacobson
T. Michael & Melissa L. Janney
Thomas E. & Marietta D. Jennings
The JK Group, Inc.
Lisa R. & C. F. Johnson, III
Robert O. & Lorene R. Johnson
Peter F & Donna Jonas
Richard E. & Shirley E. Jones
Peter C. & Karyl S. Jordan
Fred & Mrs. Terry C. Jove
Cheryl A. & Steven C. Kammerud
David L. & Mrs. Sydney C. Kaplan
Robert J. Kelly
Robert S. & Sarita Kelner
William O. Kemp
Robert P. & Dawn M. Kenney
Donald T. & Kara Keyes
Linda J. & W. Clay King
Father Brian G. King
Thomas L. & Cynthia J. Kirk
Rhona L. & Marvin A. Kirsner
Traci M. & Daniel S. Klein
Bruce P. & Fern Konners


Mark F & Shelly H. Labay
Jacque A. & Heather B. LaBelle
Col. Bruce D. &
Elizabeth C. Landrum
Cynthia G. Larsen
Ian E. Lasher
Cheryl F. & Patrick J. Leddy
Alan & Eleanor Lefkowitz
Lawrence N. & Cheryl L. Legg
LexisNexis
Mark K. & Sherri K. Lindenberg
Russell C. & Erin G. Lindsay
R. Joseph Lopez
Renee M. Lynch
Kari C. & Thomas J. Mainelli
Gary J. Margolis
Thomas F. & Frances C. McAllister
Jill M. Mendicina
Thomas C. & Ruth B. Mennitt
William Merrick
Tina M. & Michael K. Meyer
Jane E. & Robert A. Miles
Robert A. Miles
Monsanto Co.
Hannah B. & Carl E. Morris
Douglas J. &
Mrs. Tracy M. Mortellaro
Steven A. & Susan L. Moses
Thomas M. Munas
Theresa A. & William V. Murray
Linda L. & Mark A. Mustico
Karen V. & Ira R. Nassi
Douglas C. & Lauren A. Neal
Kelly A. & Joshua B. Nelson
Melody A. Nundy
Erinn K. Oatis
Linda W. & Phillip J. Orfield
Charles T. & Barbara H. Parks
Suzanne V. Pellicci
PepsiCo
Phillip A. Peters
Brian K. Barkley & Nancy Phillimore
Robert A. & June Pita
Faith A. & W. Douglas Pitts, Jr.
Plainfield Asset Management LLC
Kevin F Polli
George R. & Lisa H. Ponczek
Julie H. & Arthur Poole
Gordon L. Postle
Gary J. & Frances A. Previts
Doris M. Zulueta-Pujol &
Henry L. Pujol, III
James W. & Doris J. Rhodes
Monica G. & Mark A. Roncskevitz
William A. & Doris H. Ross
Robert A. & Kathleen O.
Rowland, C.P.A., C.M.A.
William A. & Kelley A. Sadlowski
Louis M. & Mary A. Saig


Cherie K. Sanderson
John M. & Eileen A. Sarris
Paul A. & Catherine Schaefer
Christopher M. &
Rhonda K. Schaeffer
Mark D. & Mrs. Shalini M. Schane
Donna B. & Joseph A. Schmitt
Jonathan Shin
Richard A. & Staci F. Shore
Laura M. & Howard P. Sills
Suzanne M. & Paul G. Silvestri
Brandon S. Singer
Julie H. & Edward R. Smith, Jr.
Lindsay M. Smothers
Kimberly L. & Clinton E. Snedeker
Mark D. Snedeker
Christopher C. Soud
Herbert & Debbie S. Spahn
Thomas S. & Elizabeth R. Stark
Stam W. & Lucinda M. Stathis
Mike & Dulce U. Stenglein
Thomas W. & Elizabeth A. Stevens
Nicole M. Stewart
Gregg A. & Denise M. Straus
Mia C. & Phillip L. Stutzman
SunTrust Banks of
Florida Foundation
Mary E. & Timothy M. Sweeney
Joan H. & Gary J. Szorosy
Stephen D. & Christina Tatoul
David A. Grossman &
Margaret M. Taylor
Kathy J. & Gregory F. Tayon
Kevin L. Thomas
Stephen R. & Ellen C. Thornton
James S. Turley
Traci J. Tyson
United Technologies Corp.
Chester B. Vanatta
Mark D. & Tina M. Veil
Randolph H. Waterfield
Bergen County United Way
Julie L. & Patrick T. Webster
Joshua J. Weiner
James R. & Cynthia L. White
Eric J. & Julie W. Wild
Donald D. Wilson, Jr.
Paula L. & Eric J. Wilson
Kenneth L. & Marlene P. Wingert
Irene P. Winn
Lawrence A. & Deidre P. Wolfenden
T. Warren Wooten
Carole A. & J. Dean Wright, Jr.
Thomas E. & Colleen M. Zei
Tamara L. & David J. Zeph
Michael R. & Elizabeth Zern
Christine N. & John T. Zettel
Xin Zhang


Douglas R. & Lori A. Aiosa
Sarah M. Barrantes
Jesse V. & Mariana B. Boyles
Jeffrey M. & Nan S. Bressler
Ciro L. Buttacavoli
Emilio T. Escandon &
Gisela Cabrera
Joseramon Carrasco
Diana J. Chen
Katherine M. & Matthew Dalen
Matthew Dumar
Robert L. Edris
Kelly M. & John W. England
J. David & Janet S. Foshee
Wachovia Wells Fargo Foundation
Deborah R. & H. Edward Garvin
J. Travis Gilmer
The Glenmede Corp.
Michael S. & Denise V. Goldman
Ray J. Groves
Cary A. & Karen L. Gums
Darrell T. & Stephanie A. Hanna
Bennie M. Hoffenberg
Dixon Hughes PLLC
Mary E. & Scott M. Jacobsen
Linda K. & Charles L. Johnson
Daryl A. & Kathy S. Johnson
Alicia L. Koross
Michael L. & Linda S. Lang
Lisa Lettenmaier
Rochelle S. Matza, C.P.A.
Patrick Messerli
Richard J. & Mrs. Honor C. Mills
John T. & Lorraine P. Nertney
David P. & Josephine Nichols
Vincent P. Oatis III
Ronak S. Patel
Todd A. Piacentine
George F & Susan G. Price
Robert W. & Maureen M. Sim
Jack & Margarita Sinuk
Virginia O. & Humberto J. Vidal
Pauline Wong
Henry D. & Marci L. Yunes


-4






$,00 -w $499


Mrs. Champa &
HareshAsnani, M.D., FA.C.C.
Diane M. Barrett
Paul W. & Judith D. Bassaline
Jeremy B. & Stephanie A. Blank
Verne E. & Andrea S. Bragg
Anthony C. Bucaro
Joseph F Cannella
Theodore F & Martha J. Chive
Wendi R. &
Thomas A. Christensen, Jr.
Christopher Clabby
Peter M. Colley
Douglas L. & Melanie S. Cooper
Thomas P. & Diana S. Cornett
Rick & Deborah Covert
Jonathan J. Davies
Allison N. Eng-Perez
Bonnie K. & John K. Farnell
Adrienne J. & Randall C. Figur
Miguel A. & Kristin R. Fonseca
Crum & Forster
Chrislynn R. & Glenn S. Freed
Richard Gawrych
Nancy J. French-Gerlach &
Robert J. Gerlach
Marc E. & Cindy K. Goodman
Edward M. & Mrs. Yaeko Hanna
R. Thomas & Patricia D. Harrell
David R. Hazels
Todd A. Hewlett
Crowe Horwath LLP
Mary Lee & William S. Josey
Elizabeth R. Krentzman
Chip & Mary F. Lane
Ben & Mary E. Latham
Jeannette M. Leighton
Howard A. &
Mrs. Melany G. Levenson
Stanley I. & Susan H. Levy
Macy's Foundation
Scott A. Mager
John Messer
James R. & Kira J. Metcalfe
Joan L. Millett
Bert T. & Carmen S. Mills
Louis F. Morr
Robert D. Neary
Mrs. Shan L. & John F. Nemeth
Jeffrey T. & Virginia B. Nickell
J. Stephen & Jeanne C. Nouss
Matthew S. & Caroline K. Nugent
Florence E. & Jesse B. Ostrum
Daniel A. & Carla Powers
Regions Financial Corp.
Sean M. & Maureen D. Richards
Gregory Rusk
Thomas M. & Martha J. Sawyer
Jerome A. & Marjorie C. Schine


Paul H. & Jennifer M. Silverglate
T. Howard & Nancy S. Smith
Randall S. Sogoloff
Jeffrey A. & Debra N. Steinberg
Jamie J. Summers
G. Michael &
Jane M. Tebbe-Shemelya
James B. & Sandra M. Wadsworth
Michael W. & Jeanne S. Walworth
S. Benjamin & Maura Weiner
Gregory F. & Susan K. Wilder


Deloitte


tax case


study


FSOA Students
Receive Honorable
Mention in the 2009
Deloitte Tax Case
Study Competition

Led by faculty advisor San-
dra Kramer, a team of Fisher
School of Accounting stu-
dents received honorable
mention in the graduate di-
vision of the 2009 Deloitte


Abbott Laboratories
Michael D. & Joyce M. Abney
Chris F & Dana L. Allen
Marc W. Bjorkman
Community Foundation
of Tampa Bay, Inc.
Joseph G. & Amy Dowds
Family Trust
FPL Group Foundation, Inc.
Glenn N. & Bonnie S. Geffner
Jeffrey P. &
Melissa A. Rose-Van Gelder
Michael L. & Ava B. Goodson
C. Harold & Joan H. Hippler







Tax Case Study Competition.
The team members were Yu-
gia Hu, Grensy Quintero,
Lan Su, Anthony Vetter and
Alexandra Kowalczyk (al-
ternate). Each student on
the team received $200 and
the school received $2,000.
The tax competition,
held on Friday, October
17th in Jacksonville, was
sponsored by the Deloitte
Foundation. Teams worked
against the clock to com-
plete a complex, hypotheti-
cal case study that drew on
students' knowledge of tax
topics. Students were given
five hours to complete a case
study that required them to
analyze information, identi-


MarcumRachlin Foundation
Henry H. Miyares
David P. & Becky Rosenbaum
Gregory A. & Holly S. Rosica
David L. Scharnweber
William E. & Catherine H. Snyder
Loreen M. & Marc A. Spencer
Julie Haney & Robert S. Sullivan
Robert Tache
Warren L. & Susan M. Tedder
Robert H. & Carmen L. Thibault
Charles W. & Sylvia W. Uhrig


fy issues and alternative tax
treatments, and develop a
recommended solution that
appropriately cites the Inter-
nal Revenue Code and Trea-
sury Regulations. At the end
of the competition, teams
prepared a written solution
to their case and submitted
it to a panel of judges from
Deloitte Tax for evaluation.







$-I$


The Bond Foundation, Inc.
Susan J. & James R. Comerford, Jr.
Community Foundation of
Central Florida, Inc.
K. Michael & Sandra M. Davis
Deloitte Services LP
Joseph G. & Amy S. Dowds
Eli Lilly & Co. Foundation
Becky B. Moore &
W. David Ellrich, Jr.
Ernst & Young Foundation
Matthew D. & Shirley A. Fitzgerald
Grant Thornton Foundation
Johnnie P. & Julann J. James
Jeffrey C. & Karen C. Jones


K,
M
K
G.
R
Pr
Pr
Xa
Li
M
St
R.
R.


aufman, Rossin & Co. J. Michae
ichael L. & Kimberly P. Kohner Deloitte I
PMG Foundation Joelen K.
eorge C. & Teresa D. Lawrence
obert N. & Tammi L. Lowe
icewaterhouseCoopers LLP
ida-Guida & Co. P.A.
avier E. & Mrs. Ember J. Prida
uciano L. & Linda A. Prida
ark & Nancy J. Schroeder
even N. & Vicki J. Stolberg Mark A.
Stephen & Holly L. Thibault
Michael & Laura E. Willis


0S000 S $9S S99


1 & Mary Anne Cook
Foundation
& Robert G. Merkel


5500 555 6o6e


(d) & Dorothy H. (d) Ahrano


The critical component for success for

any program comes from its students,

faculty, alumni, and friends. The

Fisher School of Accounting is

fortunate to have strong

support from its over

8,500 alumni.


.* .-
- i *1Li
a. :~r yt~-* $2:;-f





















Backpacking

through accounting


Daniel Riger and Sharon
Lashinsky participated in
an international account-
ing research project based
in Maastricht, The Neth-
erlands. They served as
research assistants for a
project commissioned by
the European Union to
compare the differences be-
tween United States audit-
ing standards promulgated
by the Public Company Ac-
counting Oversight Board
(PCAOB) and international
auditing standards created
by the International Audit-
ing and Assurance Stan-
dards Board (IAASB).
The trip was sponsored
by the Fisher School of Ac-
counting in conjunction
with Maastricht University.
Sharon and Dan's participa-
tion was arranged by Pro-
fessor Robert Knechel, the
Director of the International
Center for Research in Ac-
counting and Auditing at
the Fisher School.
After an amazing first
weekend acquainting them-


selves with the city, it was
time for Sharon and Dan to
get to work. Ann Vanstrael-
en, a project leader, handed
each of them a binder con-
taining 363 lines of com-
parisons divided into eight
topics outlining the differ-
ences between the Interna-
tional Standards on Audit-
ing (ISA) and the PCAOB
Auditing Standards. A copy
of the identified differences
had been sent to both the
PCAOB and the IAASB,
but at that point, only the
PCAOB had responded with
their comments. Further, she
told Dan and Sharon that
the binder contained a file
of comments from a panel
of experts that they had se-
lected to review the identi-
fied differences. Ultimately,
Dan and Sharon were asked
to read each PCAOB com-
ment and state whether the
comment affected the iden-
tified difference and, if so,
in what way. They also read
the experts' comments for
each topic and assessed if

":.


any of those comments af-
fected the study or perhaps
introduced new previously
unidentified differences.
Dan and Sharon made
sure to enjoy their time
spent in Maastricht. They
would often go for after-
noon coffees with faculty
members and were taken to
lunches at local restaurants.
Sharon and Dan enjoyed
listening to local bands or
went to Lumiere, the local
movie theater.
Sharon and Dan's sec-
ond weekend was also spent
in Maastricht where they
attended the beginning of
the city's "cultural season."
Sharon and Dan saw the
Limburg Symphony Orches-
tra, a piano recital in the the-
ater's salon and a silent play
in the theater's basement.
The third week they
saw a movie titled "In Bru-
ges" and made the decision
to visit Bruges that week-
end. They hopped on a
train to Bruges where they
took a water tour through
the beautiful canals and
climbed to the top of the bell
tower in the city square.
Week four went by
quickly. The weather was
beautiful and Sharon and
Dan often went hiking in
the countryside. That week-
end, Sharon and Dan took
an overnight train to Gap,
a small town in the French
Alps, to go white-water
rafting. They took the over-
night train that evening to
Paris where they visited the
Louvre and climbed up the


Arc de Triomphe and the
Eiffel Tower.
During week five, Sha-
ron and Dan finished their
analysis of the PCAOB com-
ments. However, Sharon
and Dan were informed
that that several of the ISAs
were recently redrafted and
thus required updating. It
seemed like the project was
always changing and it was
a race to keep up with the
regulators. This challenge
of staying one step ahead of
the revisions was a common
theme and kept the work in-
teresting and exciting.
During week six, Sharon
and Dan continued updat-
ing the study. The weather
got colder and leaves were
getting more colorful signal-
ing that it was almost time
for Sharon and Dan to head
back to Florida. Dan spent
the weekend exploring the
national museums and mon-
uments of The Hague and
Amsterdam while Sharon
enjoyed a wonderful sev-
en-hour bicycle ride along
Maastricht's countryside.
During their final days
in Maastricht, Dan and Sha-
ron worked diligently to
finish as much as they could
before leaving. They loved
their experiences and can-
not wait to return to Europe
and visit their newfound
friends. Both Sharon and
Dan believe that this expe-
rience was a once-in-a-life-
time opportunity and hope
that other students can have
similar opportunities in the
coming years.










Full Text

PAGE 3

2010 Annual Report Fisher School of Accounting

PAGE 4

A Note From the Director The last year has been an exciting time for the Fisher School. A generational tran sition is taking place among our faculty, with the retire ment of long-time profes new assistant professors (a change in almost one-third of our faculty). The last time of faculty change was in the mid-1980s. The Fisher School has been fortunate in its ability to attract highquality professors often re taining them for their entire academic careers. Insur ing the future of the Fisher School requires attracting educating future leaders of the accounting profes sion and contributing to ac counting theory and prac tice through research. Our programs, students, and faculty continue to be recognized for excellence. The 2010 Public Accounting Report undergraduate program as among programs with me enth in the nation for pub lic institutions of any size). Our graduate program was ranked second nationally in the same group (10th among all public institutions). Ad ditionally, our undergradu ate program was ranked 12th and our graduate pro gram placed 13th among public institutions by U.S. News & World Report Our students continue to work hard and remain sought after in the market place. Fisher School gradu ates CPA exam perfor mance continues to double student teams are repre national competitions. Of particular note, our UF xTAX Competition team was selected as one of the more than 400 teams at across the country, earning a trip to Washington D.C. and a $10,000 prize. The Fisher School facultys re search is well represented in the top accounting journals and key conferences around the globe. Two of our Ph.D. students presented their research at the top confer slots normally earned by full-time faculty members. The items in this report are but a few examples of students and faculty. Please regular updates on the ac faculty. Gary McGill Director of the Fisher School of Accounting Our programs, students, and faculty continue to be recognized for excellence.

PAGE 5

Paul Madsen holds a B.S. and M.S. in Finance a Ph.D. in Accounting from Em his Ph.D. he worked for National Wood Products as a staff accoun nancial reporting with a focus on accounting standards and regu lation, capital markets, and the origins of accounting. Dr. Mad sen has presented his research at the American Accounting Asso ciation Annual Meeting, the BYU Accounting Symposium, and of Washington, Carnegie Mellon Kathy Rupar holds a Ph.D. in Accounting from bachelors and masters degrees linois. Prior to joining the aca demic world, she spent time in the audit industry. Professor Ru cial reporting. On the research front, her curiosity of human be the unexpected ways in which market participants interpret dif ferent formats and disclosures of Marcus Kirk holds a Ph.D. in Accounting from ing and disclosure choices of managers and how these choices affect the quality of the informa capital market participants. He is also interested in the integral role of accounting within an economys institutional infra structure. His research has been Northwestern and London Busi ness School. James Vincent holds a Ph.D. in Accounting from M.S. in Accounting from Bing tems as a program and cost ac and managerial accounting and his research interests include the differential effect of accounting information on different types nisms and accounting regulation. David Reppenhagen holds a Ph.D. in Accounting from Dr. Reppenhagen also holds a bachelors degree in Business Administration and a masters degree in Accounting from the worked for Ernst & Young in its rently teaches undergraduate ac accounting course. His research ing including information trans fer and the effects of regulation on accounting. New Faculty

PAGE 6

Reluctant traveler becomes global trekker Dr. W R Knechel advances ICRAA reputation one nation at a time Ernst & Young Profes sor of Accounting Dr. W R Knechel was going about his business one day when Fisher School of Accounting engaged him in the strang jokingly telling Dr. Knechel that he didnt want to see What do you mean you dont want me here? Knechel asked. not doing what you do best What Dr. Knechel does best is increase the inter national reputation of the Fisher School of Account ing. And the only way to do locales and forge relation ships with the brightest accounting minds in the world. That it is Dr. Knechel who has become Fishers international representa of the United States until 16 years ago. But thanks to his wife, Anna, who is of has transformed himself into quite the global trekker. I had always intended to do international stuff, but I hadnt got to the point where I planned it, Dr. country. Id been to London, but she said that doesnt count for an American. We went to Prague together a non-English speaking countryand one thing led to another. ments has been the estab lishment of the International Center for Research in Ac counting and Auditing. The Centers mission is to ad and education goals of Fish conferences on corporate a conference on African business, sponsored a lot of faculty and Ph.D. students, Dr. Knechel says. The in tention in the long term is to aspects of the curriculum, gram run through the Cen ter. In the end, the real mis sion is research-oriented. Considering Dr. Knechel nonchalantly rattle off the ited 12 countries on four continents, including Italy, Singapore. He holds for mal teaching positions at The Netherlands and the New Zealand. Robert is one of the leading internationally rec that is based in non-U.S. conducted with internation al partners. Dr. Knechel says the next step is to expand the breadth of the ICRAA and help attract top quality doc toral students to the Center ity. Until then, Dr. Knechel will continue his exciting journeys across the globe. Robert is one of the leading internationally recognized scholars in the field of auditing.

PAGE 7

Fisher students reach national nals UF students outlast more than 400 teams in PricewaterhouseCoopers event da was selected as one of the PricewaterhouseCoo pers xTAX (Extreme Tax) Competition. tentia Consulting, beat out more than 400 teams across the country. Potentia Con sulting consisted of Adam DAugelli, Nikolai De Leo, Chelsea Dickinson, Joey In sua and Zach Turner. PwC xTAX is a nation wide campus competi tion where students work with PricewaterhouseCoopers professionals. The teams replicate real world situations by formulat ing answers to some of the same issues that challenge ernment leaders. Students from the Fisher School of Accounting and Warrington College of Business Admin in the competition since the contests inception in 2002. Our team was put together by our captain, Nikolai, who pretty much took it upon himself to together nicely and meet all of the needs of the com petition, says Insua, who is scheduled to graduate with a Bachelor of Science in Accounting this spring. In particular, we focused on putting together a team of people with presentation experience and with a hun too much tax knowledge going into the competition, but felt that with research at winning. tionals, Potentia Consulting competition in October where they made presenta tions to a panel of judges comprised of PwC manag ers and partners. The issue the teams were presented with at the competition was health-care reform. After our presenta tion was complete, we were our best, Insua says. We knew that our presentation was good, but there was still a lot of uncertainty be cause we had not seen any of the other teams present. had a good chance of win ning, but were prepared for anything. a $1,000 prize, the teams and sent to a panel of na tional judges which named accomplishment. eryone, but I was shocked when we were selected for nationals, Insua says. It wasnt because I thought we werent good enough, in fact I knew we were. Its just that it was hard to process that we were going to be that we were one of the best Three months after win ning the UF competition, ered its winning presenta tion again at nationals in Washington D.C. before a panel of National Tax Part experience for Insua and his teammates. At the competition, we had the opportunity to learn a lot about PwC, and opportunities for careers in tax, Insua says. We also got to meet students from network with PwC profes sionals from different re gions. It was an incredible learning experience, and I think it brought our whole We focused on putting together a team of people with presentation experience and with a hunger to win.

PAGE 8

FSOA resides atop PAR rankings Undergraduate and graduate programs ranked among nations best Accounting Professors pub lished by Public Accounting Report (PAR) ranked the Fisher School of Account ings undergraduate pro program second among similar faculty size. The PAR categorized schools into three groups based on faculty size. The largest faculties were placed II despite the fact that the Fisher School graduates as many students as most pro grams in the large faculty size group. UFs top-ranked undergraduate program was one of only two from the state of Florida to make the top 25 as was UFs grad uate program. PricewaterhouseCoo pers Professor of Account ing and Fisher School Di I am always pleased to port what we already know about the high quality of our students, faculty, staff, and programs. the Fisher Schools under graduate program ranked The Schools graduate pro public business schools and UFs doctoral programs were recognized twice by the PAR for research and teaching. UF ranked 14th among public institutions toral research and the Fish er School was 15th among public schools and 21st Undergraduate program (mid-size faculty group) (mid-size faculty group) Undergraduate program (among public business schools) Undergraduate program (among public business schools) Doctoral program (research) (among public business schools) Doctoral program (teaching) (among public business schools) 1 2 7 10 10 13 14 15 PAR Rankings

PAGE 9

About 150 students from the Fisher School of Accounting prepared approximately 750 tax returns for low-income families this spring. This is a situation that can help both par experience in the area theyre training in. Fisher students endured four training sessions cessful. And Moss said the contributions of Fisher students are not lost on the community. center of the whole thing. Undergraduate Fall Spring Summer Total Undergraduate F09-Su10 46 120 10 176 F08-Su09 40 152 12 204 F07-Su08 37 108 10 155 F06-Su07 46 119 19 184 F05-Su06 58 118 26 202 F04-Su05 46 103 29 178 F03-Su04 47 92 34 173 F02-Su03 35 100 25 160 F01-Su02 43 95 30 168 F00-Su01 52 77 24 153 F99-Su00 52 99 41 192 Graduate Fall Spring Summer Total Graduate 14 95 9 118 16 83 11 110 23 68 10 101 11 76 7 94 30 95 14 139 17 74 16 107 8 65 29 102 26 80 23 129 10 71 19 100 21 42 39 102 20 69 37 126 FSOA Student Demographics Degrees Conferred & 176 BSAc 118 Macc degrees were conferred from Fall 2009 through Summer 2010 U.S. News & World Report respect to graduate accounting programs and 12th among undergraduate accounting programs. 13 th among public graduate programs 12 th among public undergraduate programs FSOA students support VITA program

PAGE 10

54% 65% 46% 5% 4% 11% 15% White AfricanAmerican Hispanic Asian Other Male Female School Demographics The Schools student population is 54% male and 46% female and is composed of 65%White, 5%African-American 15% Hispanic 11% Asian and 4% other students Macc Admission Prole The average GPA for undergraduate students admitted in Fall 2009 was 3.67. Graduate students admitted in Fall 2009 had av erage upper-division GPA, Accounting GPA, and GMAT scores of 3.6, 3.41, and 617, respectively. CPA Performance Exam performance for 2008 was recently released (October 2009), and the results show 120 undergraduate and 28 gradu ate students from the Fisher School of Accounting took part or the entire exam during the 2008 year. FSOA BSAc graduates were ranked 5th among peer schools with a passing rate of 55% (national average 31%). Students with a graduate degree were pared to the national average of 38.5%). 3.67 Undergrad GPA 3.60 Upper-division GPA 3.41 Undergrad Accounting GPA 617 GMAT Scores Other Biannual Exit survey data indicate the vast majority of gradu ates begin their career in public accounting with starting sala ries averaging $50,000 Graduate fellowships totaling approximately $95,000 were awarded to 33 students at the 2010 Awards Banquet. $50,000 FSOA Macc graduates 79% Passing Rate FSOA BSAc graduates 55% Passing Rate $95,000

PAGE 11

FSOA Student Council Beta Alpha Psi The Fisher School of Accounting Council (FSOAC) is part of the campus-wide Board of their building. Volunteered numerous weekends for the United Way of North Central Floridas children on the free/reduced lunch program that are in need of nutritional assistance over the weekend. Raised more than $1,300 through a variety of fund-raising events to support the American Cancer society. up, clean up, handing out pamphlets and books. This event raised funds to provide programs to the children of Alachua County Schools. The UF chapter of this honorary accounting fraternity was established in 1938. The primary professional community) comfortable with recruiting functions and expose them to opportunities with smaller,

PAGE 12

Stephen Asare ........................................................................................................................................................................ Managerial Auditing Journal International Journal of Auditing International Journal of Auditing Behavioral Research in Accounting Joel Demski ............................................................................................................................................................................ Journal of Management Accounting Research Contemporary Accounting Research (Fall 2009), with H. Lin and D. Sappington. Journal of Accounting and Public Policy (March-April Management Science Journal of Management Accounting Research, (2008 Special Issue), with J. Fellingham and H. Lin. Interaction between Measurement and Production, Journal of Management Accounting Research (2008), with J. Fellingham, H. Lin and D. Schroeder. Accounting Horizons (December, 2008). Accounting Review Accounting and Economics, The New Palgrave Dictionary of Economics (2008). Accounting Horizons Is Accounting an Academic Discipline? Accounting Horizons (June, 2007). Anticipatory Reporting Standards, Accounting Horizons Analytic Modeling in Management Accounting Research, in C. Chapman, A. Hopwood, and M. Shields (eds.) Handbook of Management Accounting Research Marcus Kirk ........................................................................................................................................................................... Journal of Financial Economics (forthcoming). Memory, Transaction Records, and the Wealth of Nations Accounting, Organizations and Society Robert Knechel ...................................................................................................................................................................... Litigation Risk and Audit Firm Characteristics, Auditing: A Journal of Practice & Theory Auditor Differentiation, Mitigating Management Actions and Audit Reporting Accuracy for Distressed Firms, Auditing: A Journal of Practice & Theory with L. Bruynseels and M. Willekens. The Effect of Benchmarked Performance Measures and Strategic Analysis on Auditors Risk Assessments and Mental Models, Accounting Organizations & Society, Auditing: A Journal of Practice & Theory Why Standards Matter, Published in Zicht op Schilder: Ethiek, controle en toezicht (Libor amicorum voor prof. dr. Arnold Schilder) Business School, 2010. (PCAOB), Internal Market and Services Directorate of the European Commission The Accounting Review with P. Rouse and C. Schelleman. The Accounting Review Journal of Accounting and Public Policy Auditing: A Journal of Practice & Theory, with R. Deumes. International Journal of Auditing, International Journal of Auditing with D. Hay and H. Ling. Faculty Publications 2007-2010 (excluding textbooks)

PAGE 13

Accounting Organizations & Society Auditing: A Journal of Practice & Theory (May 2007) 19-45. Auditing: A Journal of Practice & Theory (May 2007) 113Gary McGill ............................................................................................................................................................................ Human Performance Acquiring International Tax Knowledge, Advances in Taxation Real Estate Economics The Tax Advisor David Reppenhagen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . eview of Accounting Studies (forthcoming). Jenny Tucker ......................................................................................................................................................................... Is silence golden? Earnings warnings and change in subsequent analyst following. Journal of Accounting, Auditing & Finance (forthcoming). Review of Accounting Studies Senyo Tse. To guide or not to guide? Causes and consequences of stopping quarterly earnings guidance, Contemporary Accounting Research Is openness penalized? Stock returns around earnings warnings. The Accounting Review Stephen Asare David Reppenhagen Jenny Tucker Joel Demski Robert Knechel Marcus Kirk Gary McGill

PAGE 14

There is a great demand for new faculty emerging from Ph.D. programs across the country. Thanks to the gen the Fisher School of Ac counting plans on helping meet that demand. lion to support graduate student studies and pri marily Ph.D. students at Fisher. The gift is eligible for matching funds from the state of Florida that could potentially increase the gift to more than $8 million. Theres a serious short age of Ph.D. students cur rently and there has been terhouseCoopers Professor of Accounting and Fisher terms of helping us attract the best Ph.D. students in the country because we will support as well as all the re sources that go along with being a Ph.D. student like search conferences and the ability to purchase data that is used in research. Supporting Ph.D. stu dents is a costly undertak Ph.D. students fees and tuition along with paying a stipend. And because there desperately for the elite. To compete for the best and to be able to offer competi says. It may cost us some where between $30,000 and $50,000 a year per Ph.D. stu dent and a Ph.D. program we bring in a Ph.D. student were committing probably $200,000. So the endowment Fisher and he would like He said there are two main characteristics that hell be ing candidates. There are a lot of things were looking for, but they need to be curious and If theyre not those two things, it wont matter how smart they are. Most of your real learning in a Ph.D. pro gram is working on your own research or collabora other Ph.D. students. Its re ally exploring all the areas nobody told you to look at that makes the difference. Its that curiosity that makes them look at the right things and think about the world in a different way. What un answered questions are out there which are critical, and how might I go about ad dressing some old questions in new ways? Accounting endowment elevates Fisher Ph.D. program among elite Ahrano familys $4.2 million gift vital to faculty development

PAGE 15

A new paper authored by Jean L. Heck of Saint former members of the Fish er School faculty and UF tributors to the accounting century (1959-2008). Hecks data indicates that 10,542 unique authors published in the core 25 accounting Joel Demski, Frederick E. Fisher Eminent Scholar in Accounting, was noted in the accounting literature of the past half-century. Demski was the number one of authors published journals, and a second of authors published in the 25 core accounting journals examined. Two other cur rent Fisher School faculty members appear in the top ranked authors in the lead ert Knechel, Ernst & Young Professor, at number 391 Term Professor, at #529. UF graduates also appear tributors to the accounting literature. Heck calls the au truly remarkable. Focus on literature UFs Accounting Faculty and Ph.D. Graduates Highly Ranked in Contributions to Accounting Literature Current & Emeritus Faculty 1 Joel Demski 16 Rashad Abdel-Khalik (emeritus) 240 Willard Stone (deceased) 325 Doug Snowball (deceased) 351 391 W. Robert Knechel 529 Stephen Asare Former Faculty 168 Senyo Tse 209 Robert Freeman 272 William Messier Jr. 322 Linda Smith Bamber 426 Karl Hackenbrack 429 Anwer Ahmed 517 Rowland Atiase 540 Michael Bamber Ph.D. Graduates 195 246 Robert Sterling 344 Bryan Church 357 Julie Collins 376 Prem Jain 569 Mohamed Shehata 572 Richard Tubbs 613 622 BAcc/MAcc Graduates 227 Linda McDaniel 330 Lillian Mills 347 Patrick Hopkins Current & Emeritus Faculty 1 Joel Demski 46 Rashad Abdel-Khalik (emeritus) 69 W. Robert Knechel 165 Willard Stone (deceased) 489 Stephen Asare Former Faculty 72 William Messier Jr. 205 Michael Bamber 312 Senyo Tse 365 Robert Freeman 432 Linda Smith Bamber 499 Rowland Atiase 603 Anwer Ahmed Ph.D. Graduates 34 61 Wanda Wallace 127 209 Bryan Church 244 Julie Collins 444 William Hillison BAcc/MAcc Graduates 417 Lillian Mills 497 Linda McDaniel 517 Patrick Hopkins 25 Core Accounting Journals

PAGE 16

E. Lovelle Ahrano Scholarship Richard E. Darby Accounting Scholarship Ernst & Young Endowment Frederick E. Fisher Eminent Scholar Chair Deloitte & Touche Honor Roll Professor J. Michael Cook/Deloitte Professorship Fund Gina Babicz Memorial Fellowship William E. Davis Family Fellowship in Accounting Ernst & Young Professorship of Accounting Fisher School Enhancement Fund Duggan, Joiner & Company Accounting Endowment William E. Crown, Jr. Fellowship Batson-Siegel Accounting Scholarship Deloitte Partners Professorship Endowment Frederick E. Fisher Accounting Fund FSOA Commemorative Gallery Fund J. Roy Duggan Professorship Joy McCann Culverhouse Excellence in Accounting Fund Endowments

PAGE 17

FSOA Directors Excellence Fund Joelen K. and Robert G. Merkel Endowment Randall L. Parks Endowment Thibault Family Endowment Luciano Prida, Sr. Term Professorship KPMG Professorship in Accounting Gerson Hall Excellence Support Fund Don Miller 5 th Year Accounting Scholarship Pricewater houseCoopers Faculty Fellowship in Accounting Leland M. Reiner Memorial Scholarship Jack Kramer Professorship Gerson, Preston and Company CPA Fellowship Ralph W. Miller Scholarship Pricewater houseCoopers Professorship in Accounting The Bond Foundation, Inc. Endowment Joseph Lumia Memorial Fellowship Deferred Gifts Bernard Berkman William T. Brooks John Bumgarner J. Michael Cook Harry Daniels Timothy Deckert Jimmy C. Fischer Frederick E. Fisher Jay Rossin Dr. John Simmons Douglas H. Thompson, Jr.

PAGE 18

Donations Larry A. Aiello Carrie Y. & Ronald D. Anderson Aspect C. Elwood & Trudy L. Aust Richard P. Bernard Laurence R. Bernstein Alexandra M. & Brad Bond, C.P.A. Susan M. & Thomas D. Borland Tara M. Brant Scott T. Bridgman Raymond L. & Mrs. Clelia B. Bullard Eric W. Thrailkill & Nanci S. Bullock Jessica L. Burns Heather L. Henderson & Carlos Camarotti Lawrence K. Chen Jennifer L. & Eric B. Christensen Wayne R. & Janice N. Compton Randall S. & Sheila E. Conway Raphael Dagan Frank S. Damas Maj. Roger C. Pierce, USAF (Ret.) & Mrs. Mondania M. & Chad D. Drummond Erin R. Dunn Charles D. & Jessica A. Dupree Patrick J. & Elizabeth D. Dussinger Douglas C. & Eileen N. Ebanks Merrill Edison John C. Elder Larry C. & Cynthia M. Fedro Mr. & Mrs. Daniel Fitzgerald Sharon P. & Walter Fourakre Tracy A. Frady Mrs. Brooke D. & Kurt M. Frahn Neil D. Freeman Ann E. Hager Edward Halsey Deborah D. & Charles W. Hamil III Melissa L. Hansen Erika R. Lewin-Harris & Terrence W. Harris Matthew H. & Pamela J. Hartmann Jennifer L. Haynes Carolann Higgins William A. & Sharon L. Hillison Eugene S. & Suzanne T. Hine Shannon M. Hogan Carlos M. Hondal, Jr. Joshua S. Hunter Larry E. & Suzanne S. Israel Dirk L. Jacobs Andrew T. Jones Douglas S. & Linda W. Jones Barbara L. Keiger Janet P. & Shaun N. Kelly Mrs. Minde W. & Lewis J. King Nora M. & Andrew Z. Kish Lawrence A. Kraujalis Lynn E. & James R. Kupferschmid John C. & Kimberly A. Lege Coman C. & Mrs. Mirtala Leonard Joan E. & Brian Leshner Nicole C. & Matthew J. Mascera Thomas M. & Sharon L. McDaniel Alan M. & Jacqueline M. McDonald Mrs. Amrita S. & Bryan McRae Nathaniel W. Whitley & Ashley L. Mead Randall S. & Mary T. Meyer Shari W. & Jess E. Miller Wanda P. & Allen E. Miller Elaine M. & Alan Moore Jane F. & Brian P. Mormile Pamela M. Morrow Thomas E. & Mrs. Arca R. Nordmann Patrick W. Odell Heather P. & Alejandro A. Pacin Leanne E. & Kenneth B. Paquin Robert J. & Debra B. Parish Carlos M. & Edith Perez Richard M. Tubbs & Shari Piekarski Coulla Pieri Kristina N. Porter Michael L. Posten II Leah M. Price Douglas R. Puglio Robert D. & Deborah A. Pullen Fredrick M. & Rebecca L. Roche Kathleen E. Rossi Alan I. & Sherie A. Rubin James D. Ruyle Dona W. Sheldon Siemens Energy, Inc. Scott M. Silbermann Daniel J. & Mrs. Honit L. Simon Kim C. & Cheryl S. Simpson Jodi L. & Keith A. Skolnick Julie D. & Don H. Slagle Douglas A. & Cynthia O. Smith Henry I. Sonnabend Christopher L. Spencer Michael J. & Margaret H. Stiglitz Stephen A. & Jacqueline S. Stites Esther Superstein Stephen R. & Ann H. Swank Alan L. Swartz Bernard & Rita B. Swichkow SYSCO Corp. Stephanie L. Thompson Mark E. Timmes Charles D. & Pamela D. Townsend Mrs. Jean A. & John S. Tsagaris Alexander S. Urquhart Carlos R. Urtiaga Nathan L. Wadlinger Arimentha R. Walkins John E. & Patricia E. Watson Jeffrey S. & Janet N. Weck Harry R. & Edith Wells Tabitha N. & Christopher K. Wilkey Terrance & Amie E. Wilson Mrs. Deann L. & Frank H. Wojcicki Robert M. Wolf Mrs. Carlina J. & James M. Womeldorph American Express Foundation Allyson A. & Derrick E. Andres Jill F. & Jonathan L. Andron Laura L. Ayoub Jeffrey D. & Sandy Baiocco Alden & Cindy K. Baker Lyle J. Ball Bank of America Foundation Russ J. Battiato Barry N. & Arlene J. Berlin Cecilia E. Billingsley Andrew J. & Carol M. Bohlmann Amy L. Bridgham Catherine C. & Larry R. Brooks Thomas A. & Elsa T. Burgess Robert J. Carey M. L. Campbell-Castaline & Todd M. Castaline Linda C. Christensen Rolando C. Cicarelli Julie M. & Christopher B. Collins H. N. & Margaret S. Cornell Antonio & Stephanie S. Correa Andrew D. & Diane M. Crooks Kelly R. & Meredith B. Dee Dominique A. DeSantiago Dwaine E. & Ellen C. Eastham Robert D. Eddy Matthew E. & Susan D. Edelman Joel W. & Cindy K. Eng Mark E. & Mary Y. Engwall Christina F. & Kurt A. Ewoldt Exelon Corp. Constance K. & Jason C. Faulkner Suanne H. & Philip D. Fechtmeyer Barbara Rinde & Marc S. Feller Edwin A. Foreman $1 $99 $100 $499

PAGE 19

$500 $999 Robert D. & Mrs. Theza L. Friedman Christopher & Kathie A. Frieman-Breakiron Susan K. & Jeffery L. Fuller Jewish Communal Fund Robert L. & Martha C. Hartman Kenneth S. Hartwig Tracie K. & Timothy E. Henderson Jennifer C. Hepler Paul L. Hertenstein Janice M. & John A. Hertig James S. Hill Dale E. & Janet M. Hocking James T. F. & Ulrike B. Houston John A. & Margaret L. Hubner James R. & Betty T. Hunter Jennifer M. Hurley Roger A. & Kay C. Ingley Scott W. & Amy R. Jacobson T. Michael & Melissa L. Janney Thomas E. & Marietta D. Jennings Lisa R. & C. F. Johnson, III Robert O. & Lorene R. Johnson Peter F. & Donna Jonas Richard E. & Shirley E. Jones Peter C. & Karyl S. Jordan Robert J. Kelly Robert S. & Sarita Kelner William O. Kemp Robert P. & Dawn M. Kenney Donald T. & Kara Keyes Linda J. & W. Clay King Thomas L. & Cynthia J. Kirk Traci M. & Daniel S. Klein Bruce P. & Fern Konners Mark F. & Shelly H. Labay Jacque A. & Heather B. LaBelle Col. Bruce D. & Elizabeth C. Landrum Ian E. Lasher Cheryl F. & Patrick J. Leddy Alan & Eleanor Lefkowitz Lawrence N. & Cheryl L. Legg LexisNexis Mark K. & Sherri K. Lindenberg R. Joseph Lopez Renee M. Lynch Kari C. & Thomas J. Mainelli Thomas F. & Frances C. McAllister Jill M. Mendicina Thomas C. & Ruth B. Mennitt William Merrick Tina M. & Michael K. Meyer Jane E. & Robert A. Miles Robert A. Miles Monsanto Co. Hannah B. & Carl E. Morris Douglas J. & Mrs. Tracy M. Mortellaro Thomas M. Munas Linda L. & Mark A. Mustico Douglas C. & Lauren A. Neal Kelly A. & Joshua B. Nelson Melody A. Nundy Erinn K. Oatis Charles T. & Barbara H. Parks PepsiCo Phillip A. Peters Brian K. Barkley & Nancy Phillimore Robert A. & June Pita Faith A. & W. Douglas Pitts, Jr. Julie H. & Arthur Poole Doris M. Zulueta-Pujol & Henry L. Pujol, III James W. & Doris J. Rhodes William A. & Doris H. Ross Robert A. & Kathleen O. Rowland, C.P.A., C.M.A. William A. & Kelley A. Sadlowski Louis M. & Mary A. Saig Cherie K. Sanderson John M. & Eileen A. Sarris Paul A. & Catherine Schaefer Christopher M. & Rhonda K. Schaeffer Mark D. & Mrs. Shalini M. Schane Donna B. & Joseph A. Schmitt Jonathan Shin Richard A. & Staci F. Shore Laura M. & Howard P. Sills Brandon S. Singer Julie H. & Edward R. Smith, Jr. Lindsay M. Smothers Kimberly L. & Clinton E. Snedeker Mark D. Snedeker Christopher C. Soud Herbert & Debbie S. Spahn Thomas S. & Elizabeth R. Stark Stam W. & Lucinda M. Stathis Mike & Dulce U. Stenglein Nicole M. Stewart Mia C. & Phillip L. Stutzman SunTrust Banks of Florida Foundation Mary E. & Timothy M. Sweeney Stephen D. & Christina Tatoul Margaret M. Taylor Stephen R. & Ellen C. Thornton James S. Turley Traci J. Tyson United Technologies Corp. Bergen County United Way Julie L. & Patrick T. Webster Joshua J. Weiner James R. & Cynthia L. White Eric J. & Julie W. Wild Donald D. Wilson, Jr. Paula L. & Eric J. Wilson Kenneth L. & Marlene P. Wingert Irene P. Winn Lawrence A. & Deidre P. Wolfenden T. Warren Wooten Carole A. & J. Dean Wright, Jr. Thomas E. & Colleen M. Zei Michael R. & Elizabeth Zern Christine N. & John T. Zettel Xin Zhang Douglas R. & Lori A. Aiosa Sarah M. Barrantes Jeffrey M. & Nan S. Bressler Emilio T. Escandon & Joseramon Carrasco Diana J. Chen Katherine M. & Matthew Dalen Matthew Dumar Robert L. Edris Kelly M. & John W. England Darrell T. & Stephanie A. Hanna Bennie M. Hoffenberg Dixon Hughes PLLC Mary E. & Scott M. Jacobsen Linda K. & Charles L. Johnson Daryl A. & Kathy S. Johnson Alicia L. Koross Michael L. & Linda S. Lang Lisa Lettenmaier Rochelle S. Matza, C.P.A. Patrick Messerli Richard J. & Mrs. Honor C. Mills John T. & Lorraine P. Nertney Ronak S. Patel Todd A. Piacentine Robert W. & Maureen M. Sim Jack & Margarita Sinuk Pauline Wong Henry D. & Marci L. Yunes

PAGE 20

Mrs. Champa & Haresh Asnani, M.D., F.A.C.C. Diane M. Barrett Paul W. & Judith D. Bassaline Jeremy B. & Stephanie A. Blank Anthony C. Bucaro Joseph F. Cannella Wendi R. & Thomas A. Christensen, Jr. Christopher Clabby Peter M. Colley Douglas L. & Melanie S. Cooper Thomas P. & Diana S. Cornett Allison N. Eng-Perez Bonnie K. & John K. Farnell Adrienne J. & Randall C. Figur Miguel A. & Kristin R. Fonseca Crum & Forster Edward M. & Mrs. Yaeko Hanna R. Thomas & Patricia D. Harrell Todd A. Hewlett Crowe Horwath LLP Mary Lee & William S. Josey Elizabeth R. Krentzman Chip & Mary F. Lane Ben & Mary E. Latham Jeannette M. Leighton Howard A. & Macys Foundation Scott A. Mager John Messer James R. & Kira J. Metcalfe Joan L. Millett Bert T. & Carmen S. Mills Louis F. Morr Robert D. Neary Mrs. Shan L. & John F. Nemeth J. Stephen & Jeanne C. Nouss Matthew S. & Caroline K. Nugent Florence E. & Jesse B. Ostrum Daniel A. & Carla Powers Regions Financial Corp. Sean M. & Maureen D. Richards Thomas M. & Martha J. Sawyer Jerome A. & Marjorie C. Schine Abbott Laboratories Michael D. & Joyce M. Abney Chris F. & Dana L. Allen Marc W. Bjorkman Community Foundation of Tampa Bay, Inc. Family Trust Jeffrey P. & C. Harold & Joan H. Hippler $1,000 $4,999 $5,000 $9,999 T. Howard & Nancy S. Smith Randall S. Sogoloff Jeffrey A. & Debra N. Steinberg Jamie J. Summers Jane M. Tebbe-Shemelya James B. & Sandra M. Wadsworth Michael W. & Jeanne S. Walworth S. Benjamin & Maura Weiner MarcumRachlin Foundation Henry H. Miyares William E. & Catherine H. Snyder Loreen M. & Marc A. Spencer Robert Tache Warren L. & Susan M. Tedder Robert H. & Carmen L. Thibault Deloitte tax case study FSOA Students Receive Honorable Mention in the 2009 Deloitte Tax Case Study Competition dra Kramer, a team of Fisher School of Accounting stu mention in the graduate di Tax Case Study Competition. The team members were Yu Alexandra Kowalczyk (al ternate). Each student on The tax competition, held on Friday, October sponsored by the Deloitte Foundation. Teams worked against the clock to com plete a complex, hypotheti cal case study that drew on students knowledge of tax study that required them to analyze information, identi recommended solution that appropriately cites the Inter sury Regulations. At the end of the competition, teams prepared a written solution to their case and submitted it to a panel of judges from

PAGE 21

The Bond Foundation, Inc. Susan J. & James R. Comerford, Jr. Community Foundation of Central Florida, Inc. Eli Lilly & Co. Foundation Becky B. Moore & Ernst & Young Foundation Matthew D. & Shirley A. Fitzgerald Johnnie P. & Julann J. James Jeffrey C. & Karen C. Jones J. Michael & Mary Anne Cook Deloitte Foundation Mark A. (d) & Dorothy H. (d) Ahrano $10,000 $49,999 $50,000 $99,999 $100,000 and over Kaufman, Rossin & Co. Michael L. & Kimberly P. Kohner Robert N. & Tammi L. Lowe PricewaterhouseCoopers LLP Luciano L. & Linda A. Prida Mark & Nancy J. Schroeder R. Stephen & Holly L. Thibault R. Michael & Laura E. Willis The critical component for success for any program comes from its students, faculty, alumni, and friends. The Fisher School of Accounting is fortunate to have strong support from its over 8,500 alumni.

PAGE 22

Daniel Riger and Sharon Lashinsky participated in an international account ing research project based in Maastricht, The Neth research assistants for a project commissioned by the European Union to compare the differences be tween United States audit ing standards promulgated by the Public Company Ac (PCAOB) and international auditing standards created by the International Audit ing and Assurance Stan dards Board (IAASB). The trip was sponsored by the Fisher School of Ac counting in conjunction Sharon and Dans participa tion was arranged by Pro fessor Robert Knechel, the Director of the International Center for Research in Ac counting and Auditing at the Fisher School. weekend acquainting them time for Sharon and Dan to en, a project leader, handed each of them a binder con taining 363 lines of com topics outlining the differ ences between the Interna tional Standards on Audit ing (ISA) and the PCAOB Auditing Standards. A copy had been sent to both the PCAOB and the IAASB, but at that point, only the PCAOB had responded with their comments. Further, she told Dan and Sharon that of comments from a panel of experts that they had se Dan and Sharon were asked to read each PCAOB com ment and state whether the comment affected the iden in what way. They also read the experts comments for each topic and assessed if any of those comments af fected the study or perhaps Dan and Sharon made sure to enjoy their time spent in Maastricht. They would often go for after noon coffees with faculty members and were taken to lunches at local restaurants. Sharon and Dan enjoyed listening to local bands or went to Lumiere, the local Sharon and Dans sec ond weekend was also spent in Maastricht where they attended the beginning of the citys cultural season. Sharon and Dan saw the Limburg Symphony Orches tra, a piano recital in the the aters salon and a silent play in the theaters basement. The third week they ges and made the decision end. They hopped on a train to Bruges where they took a water tour through the beautiful canals and climbed to the top of the bell tower in the city square. Week four went by quickly. The weather was beautiful and Sharon and Dan often went hiking in the countryside. That week end, Sharon and Dan took a small town in the French Alps, to go white-water Arc de Triomphe and the Eiffel Tower. analysis of the PCAOB com and Dan were informed were recently redrafted and thus required updating. It seemed like the project was always changing and it was a race to keep up with the regulators. This challenge of staying one step ahead of theme and kept the work in teresting and exciting. During week six, Sharon and Dan continued updat ing the study. The weather getting more colorful signal ing that it was almost time for Sharon and Dan to head back to Florida. Dan spent the weekend exploring the national museums and mon uments of The Hague and Amsterdam while Sharon en-hour bicycle ride along Maastrichts countryside. in Maastricht, Dan and Sha ron worked diligently to their experiences and can not wait to return to Europe friends. Both Sharon and rience was a once-in-a-life time opportunity and hope similar opportunities in the coming years. Backpacking through accounting