uw foster school accounting newsletter fall 2014
DESCRIPTION
Annual newsletter of the Washington Foster School of Business Accounting DepartmentTRANSCRIPT
FOSTER
MICHAEL G. FOSTER SCHOOL OF BUSINESS | UNIVERSIT Y OF WASHINGTON | FALL 2014
UW Financial Reporting Conference 10th Anniversary
INDEX10th Annual Financial Reporting Conference . . . . . .2
Greetings from the Chair . . . . . . . . . . . . . . . . . . . . . . .3
Faculty Updates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4
Student Updates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8
Beta Alpha Psi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10
MPAcc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12
Faculty Research Awards . . . . . . . . . . . . . . . . . . . . . .13
What Are They Reading? . . . . . . . . . . . . . . . . . . . . . .13
Research . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14
PhD Program Placement . . . . . . . . . . . . . . . . . . . . . . .15
FASB Town Hall Meeting . . . . . . . . . . . . . . . . . . . . . .16
ADF Board . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17
2013-14 Accounting Department Contributions . . . . . . . . . . . . . . . . . . . . .18
THE 10TH ANNUAL FINANCIAL REPORTING CONFERENCE, sponsored by the Foster School of Business and the Milgard School of Business, was held May 9, 2014, at Bell Harbor International Conference Center.
More than 300 attendees enjoyed the sold-out conference.
Russell Golden, current chairman of the FASB, shared information on issues the board has been working on, and the former Chief Accountant at the SEC Division of Enforcement, Susan Markel, spoke about current issues at the SEC.
The lunch keynote speaker, Jason Child, Groupon’s Chief Financial Officer, discussed managing Groupon’s unprecedented growth since the company went public in 2011.
Foster professor Zoe-Vonna Palmrose moderated the first afternoon panel, “Transparent Disclosures in a Complex World.” Joining her on the stage were panelists Kristen Garton, Director, Financial & SEC Reporting, Costco; Bob Laux, Senior Director, Corporate Accounting, Microsoft; Steve Meisel, Partner, National Professional Services Group, PricewaterhouseCoopers; and John White, Partner, Corporate Department, Cravath, Swaine & Moore and former Director of the SEC Division of Corporate Finance.
Foster professor Frank Hodge moderated the final panel of the day, “Private Company Accounting.” Panelists included Steven Brown, Private Company Council member and Vice President, US Bank; Rob Jensen, Chief Financial Officer, The Bartell Drug Company; Diane Rubin, Private Company Council member and recently retired partner, Novogradac & Company; and Andrew Read, Director, Private Audit Services, Deloitte.
We would like to thank our Premier Sponsor, Microsoft, our Principal Sponsor, Deloitte, and our Major Sponsors, Clark Nuber, DaVita, Ernst & Young, KPMG, Port of Tacoma, PricewaterhouseCoopers, Resources Global Professionals, and Russell for their generous support.
The eleventh annual Financial Reporting Conference is scheduled for May 8, 2015, in Seattle. We have invited FASB chairman Russell Golden to speak at the morning session. Mark your calendars. Please check our website for further information as the date draws near: foster.washington.edu/academic/departments/accounting
10th Annual Financial Reporting Conference
The eleventh annual Financial Reporting Conference is scheduled for May 8, 2015, in Seattle. We have invited FASB chairman Russell Golden to speak at the morning session.
Acknowledgements and thanks to the publication team:
Mary ClarfeldKarin Mellskog, UW Creative CommunicationsFrank Hodge
JoAnn KochaCynthia SilvernaleWeili Ge
Cover photo courtesy of Bell Harbor International Conference Center
Faculty members Peter Demerjian and Sarah McVay with FASB Board Member Russell Golden
Groupon CFO Jason Child with faculty members Frank Hodge and Asher Curtis
MICHAEL G. FOSTER SCHOOL of BUSINESSPG.2
Accounting Development Fund. Without your support, we would be just another accounting department. With your support, we are a top-ten accounting department with extraordinary faculty, talented students, and the support needed to keep things that way.
My door is always open. If you find your-self in the Foster School please stop by and say hello.
Sincerely, Frank Hodge
IN MANY WAYS, OUR NEWSLETTER is like a photo album — it captures the many great memories created over the last year in the Accounting Department. Here are some highlights.
SIGNIFICANT EVENTSThis past spring we celebrated the 10th anniversary of our Financial Reporting Conference. The conference has sold out each of the last five years, and each successive year it sells out more quickly. Last year, it sold out within weeks. You can read more about the 2014 Financial Reporting Conference on the previous page.
Also in the spring, we hosted a Financial Accounting Standards Board Town Hall meeting. We were one of only two schools in the U.S. to host such a meeting in 2014. Three FASB board members and three Private Company Council board members were on campus to participate, and spoke to students after the meeting. You can read more about the Town Hall meeting towards the end of the newsletter.
FACULTY NEWSThis year, we say goodbye to several beloved faculty members and welcome two new ones. Pete Dukes, after 35 years of being a leader in the Accounting Department, the Foster School, and the University of Washington, is retiring in December. We will miss Pete’s leadership dearly, and I in particular will miss his mentorship and support. We also say
goodbye to Elizabeth Widdison, who has taught thousands of undergraduate stu-dents in her Introduction to Managerial Accounting (ACCTG 225) class and hundreds of graduate students in our graduate MPAcc program. Elizabeth did a wonderful job as the department’s Beta Alpha Psi advisor for several years.
Two new faculty members join us this year: Phil Quinn from the University of Iowa and Terrence Blackburne from Wharton. We look forward to filling future photo albums with the accomplishments of these two individuals. You can read more about Pete, Elizabeth, Phil, and Terrence in the following pages, as well as news about Professor Dave Burgstahler winning a prestigious international research award and Professor Jake Thornock being promoted to Associate Professor.
STUDENT NEWSFrom winning national case competitions, to traveling to Alaska to help people in remote villages fill out their tax returns, to being appointed to the University of Washington Board of Regents, you can read about Foster accounting students’ many accomplishments throughout the newsletter. We are proud of them, and for good reason; they are a talented group of caring individuals.
I will close with a heartfelt thank you to all of you who helped make many of the accomplishments described in this newsletter possible by donating to our
Greetings from the Chair FRANK HODGE
Congratulations to Department Chair, Frank Hodge, for
winning three prestigious awards this year: The Dan Siegel
Award for Service, The Charles E. Summer Outstanding
Teaching Award, and the Foster School’s highest teaching
honor, the PACCAR Award.
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PG.3UNIVERSITY of WASHINGTON
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esGetting to Know Pete Dukes
The person…FAMILY: Phyllis, wife for 50 years as of July 2015, two adult children and their spouses (Peter and Deanna, and Anna and Noble) and most important, six adorable grandchildren.
EDUCATION:
Undergraduate: Engineering, University of Illinois, Urbana, IL. Graduate: Stanford University, Palo Alto, CA.
HEROES: My older brother, Charles, who helped me leave the farm to become a first generation college graduate, and my wife, who believed in me.
HOBBIES: Cooking and repairing bikes.
SPORT: Football, basketball and track in high school; basketball in college and in the Navy; and ran marathons and played soccer for two decades before taking up cycling. I love sports, both participating and watching.
TRAVEL: Everywhere.
AN OUT OF THE BOX IDEA: Use the money brought into universities by intercollegiate athletics for advancing student learning.
A TIMELESS IDEA THAT INFLUENCES ME: Always look for the best in others.
A QUOTE: “Things turn out best for the people who make the best of the way things turn out.” – John Wooden.
MOTTO TO LIVE BY: Reach out, care about, and help others.
My favorite…JOB AT THE UW: I have one of the most varied career paths of any faculty at Foster, and I have enjoyed every assignment.
SPOT ON UW CAMPUS: Alaska Airlines Arena.
MOMENT DURING FOSTER CONSTRUCTION PROJECT: The first when Dean Jiambalvo and President Emmert came up with a feasible plan that made it possible for PACCAR and Dempsey Halls to move forward. The second was when I objected to a partially completed floor plan and the architects and the contractor changed it.
BOOKS: The Rise and Fall of the Third Reich, The Boys in the Boat, and Unbroken.
TELEVISION SERIES: Downton Abby.
SPORT TO DO: Cycling.
SPORT TO WATCH: Collegiate basketball (men’s or women’s).
FOOD AT ORIN’S PLACE: Brownies — I am the cookie monster!
TIME OF YEAR: Two. In the fall when the classes start, and the students are full of energy, high hopes and enthusiasm, and then at graduation, when we congratulate our graduates and send them out into the world.
FOOD: Anything Italian.
My least favorite...MOMENT DURING FOSTER CONSTRUCTION PROJECT: During a cost cutting meeting when the size of the auditorium went from 400 seats to 250 seats.
TREND IN HIGHER EDUCATION: Helicopter parents.
TREND IN SPORTS: The one-and-done student athlete in college basketball.
What I’d like to...LEARN: A foreign language, and to play the piano.
SEE: New Zealand.
SEE MORE OF: Italy. Love to ride my bike there.
Pete and Phyllis Dukes with the entire Dukes clan.
PG.4 MICHAEL G. FOSTER SCHOOL of BUSINESS
Extraordinary Faculty Member, Professor Roland (Pete) Dukes Retiring
Top Foster Lecturer Elizabeth Widdison Retires
ACADEMIC SERVICE — THESE TWO WORDS describe the ethic that Pete Dukes has lived by during his 35 years at the University of Washington. He is retiring this year, leaving behind a legacy that will benefit generations of future Foster students.
Pete came to the UW from Cornell University 35 years ago. He immediately felt at home in the Accounting Department — becoming chair within four years of his arrival (1983-1992), and repeating that service to the community twice more, most recently in 2012. Pete served on many academic and adminis-trative committees, and then served five years as Dean of the Banking School, eight years as Foster School’s Associate Dean for Undergraduate Programs, and three years as the University’s Faculty Athletic Representative (FAR). As the FAR, he represented
the UW at the PAC-12 council and voted on NCAA legisla-tion, but to Pete, mentoring the student-athletes was the most meaningful part of the job. He looked out for their welfare, ensuring they were supported academically and treated well by the athletic department.
His most significant impact on the Foster School was his service as the New Facilities Chair before, during and after the construction of Paccar
and Dempsey Halls. Pete says that assignment was incredibly rewarding. He was a significant member of the design team, and was a key reason the projects came in on time and under budget.
Known for his energetic style in the classroom, Pete taught financial accounting and financial statement analysis to under-graduates, MBA students, and PhD candidates. His belief that one must expect, embrace, and lead change meant that he was a tireless advocate for accounting curriculum review, and pas-sionate about improving undergraduate education.
Pete served the accounting industry by volunteering for numerous positions on accounting journal editing boards, chairing and participating on multiple American Accounting Association committees and subcommittees. He plans to con-tinue to be active in the Association during retirement, and will continue his service as a member of the ADF board.
One of Pete’s goals in retirement is to continue traveling. As a young Navel Flight Officer he represented the US Navy at the Paris Air Show in 1965, and caught the travel bug. He has spent time in countries all over the world and would like to do more traveling with his family. He’d like to do some cycling overseas, but spending time with his six grandchildren is highest on his list. He also plans to write a book for them about his family history — including his unique journey from the cornfields of Illinois to his career at the University of Washington.
Congratulations, Pete! We wish you the best.
LECTURER ELIZABETH WIDDISON recently retired after 15 years at Foster. She will best be remembered by students for her excel-lence in teaching of two significant courses: the undergraduate “Introduction to Managerial Accounting” class and the commu-nications classes in the MPAcc A&A track.
After a 20-year career in music education in England and the United States, Elizabeth returned to school to study accounting, and won the Elijah Watt Sells award for her high CPA scores. She worked as an accounting instructor and WSCPA consultant before joining the Foster faculty in 1999 for what she refers to as her “dream job.”
Accounting 225 students would laugh at how she introduced a discussion of cost concepts with Pothead — the garden gnome — and challenging: “What costs do you see?” MPAcc students would recoil in shock at Elizabeth’s highly detailed red-pen mark-up of their papers. Many MPAcc graduates, however, now cite how well her critiques prepared them to enter the profession.
Elizabeth also was the faculty advisor for the UW’s thriving Beta Alpha Psi Delta Chapter, and was recognized as 2014’s Accounting Faculty of the Year by Foster’s Undergraduate Business Council.
Elizabeth has continued her interest in music. She was associate conductor and business manager of the award-winning Seattle Girls’ Choir; sang in, and was a board-member of, the Seattle Choral Company; and is now a board member of Ancora, a women’s choral ensemble. In retirement, Elizabeth hopes to dust off her piano and rekindle her keyboard skills. She is also looking forward to visiting her grandchildren in Texas, reading books, and traveling the world.
She will, however, always have her blue pen red pen with her to mark up misguided language usage!
PG.5UNIVERSITY of WASHINGTON
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esTERRENCE BLACKBURNE’S JOURNEY to the Foster School was more circuitous than most. He began his education at the University of Oklahoma and majored in Political Science, then obtained his masters in International Policy at Stanford. He landed in Washington, DC, working for the White House Office of Management and Budget during the Bush
administration. He spent five years holding the purse strings for several critical programs including the operating budgets for the Army, the Navy and the Marine Corps. Working in the National Security Division was fascinating — but budget analysis and ensuring that expenditures were consistent with President Bush’s policies were even more fascinating. He real-ized how critical it was to understand the finances underlying policies. Accounting often drove decisions, and he decided to pursue a PhD in Accounting from the Wharton School at the University of Pennsylvania.
He joined Foster’s Accounting Department after completing his PhD dissertation, “Regulatory Oversight and Reporting Incentives: Evidence from SEC Budget Allocations.” He is teaching Intermediate Accounting this fall, and his eyes light up when he talks about teaching. “I love the interaction in the classroom — I believe in participative classes. Foster students are engaged and enjoy the back and forth as much as I do.”
Terrence and his wife, Gayle Christensen (Assistant Vice-Provost for Global Affairs at the UW) were thrilled to come to the Pacific Northwest with their two young children. She was raised in Portland, so they jumped at the opportunity to come to Seattle. Terrence loved the weather this summer, enjoys the abundant water around the area, and has taken advantage of both by canoeing Lake Washington and walking to work from his home.
Welcome, Terrence!
WE ARE PLEASED to welcome to our faculty Phil Quinn from the University of Iowa. Professor Quinn’s research interest focuses on the role of managers in the capital markets. Additionally, he has researched the SEC’s Division
of Enforcement’s reaction to the stock options back-dating scandal.
His career began at Ernst & Young in Minneapolis, Minnesota. He subsequently received a PhD at the University of Iowa, where he worked with two Foster School graduates — Professors Ryan Wilson (PhD 2007) and Rick Mergenthaler (PhD 2008). Phil’s dissertation, “Managerial Ownership and Incentive Alignment: Evidence from Mandatory Stock Ownership Plans,” examines how such plans affect accounting decisions.
Phil taught managerial accounting for seven semes-ters as a doctoral student at Iowa before joining the Foster School. He looks forward to continuing to teach managerial accounting and also to collabo-rating with the Accounting Department’s faculty, which includes another Iowa PhD — Professor Dave Burgstahler.
When Phil isn’t roaming the halls at PACCAR or enjoying one of his favorite meals at Chipotle, he is expanding his horizons and learning how to sail at the Washington Yacht Club. Like many of our faculty, Phil is an athlete — he enjoys running around Green Lake and is training for his sixth marathon.
Welcome, Phil!
Foster Welcomes New Professors Phil Quinn and Terrence Blackburne
Foster’s Undergraduate Accounting program ranks
11th nationally, 7th among public universities.
PG.6 MICHAEL G. FOSTER SCHOOL of BUSINESS
WE ARE PLEASED TO ANNOUNCE that Jake Thornock, William R. Gregory Faculty Fellow, has been promoted to Associate Professor as of September 2014.
Prior to joining the Foster School of Business, Jake was a PhD student at the University of North Carolina, where he was awarded the Delozier Fellowship for Outstanding Doctoral Student. Before earning his PhD, Jake earned undergraduate and master’s degrees in accounting from Brigham Young University and worked as a financial advisor for a regional brokerage firm and as a tax accountant.
Jake has diverse research interests, including interest in taxa-tion, tax havens, earnings information content, information technologies and short selling. He has been widely published in professional journals and cited by national media. Some of his research has policy implications and has been presented to the SEC, the IRS and the Senate Subcommittee on Investigations.
Jake enjoys teaching Intermediate Accounting in the under-graduate accounting program. For his efforts in the classroom, Jake recently received the Crockett Award and Fowler Award for educational innovation at UW, as well as a mentorship award from the Foster PhD program.
OUR RETIRED FACULTY often stop by Paccar Hall to visit. We have enjoyed catching up with them and recently spoke with Kasi Ramanathan and Jane Jollineau.
Kasi Ramanathan lives with his wife, Raji, in nearby Kenmore. They both enjoy volunteering in the community, including Kasi’s weekly seminars on Hindu Scriptures. They were involved in the formal inauguration of the area’s first Hindu temple, The Hindu Temple and Cultural Center
in Bothell, an initiative Kasi has worked toward since 1988.
They also spend time visiting their daughter in San Francisco, and touring the US, India, and other countries.
Kasi tells us one of his favorite activities is the monthly meeting of the Foster Business School’s retired faculty.
Faculty Promotion: Jake Thornock
Emeritus Faculty Updates
Jake and his wife, Kerrie, are devoted to their children, Allie, Luke, Mia, and Josie. He loves music, from classical to blues to grunge to progressive rock, and has played the guitar for many years. He’s also a college football fanatic (go Huskies!) and loves to read good sci-fi.
Jane Jollineau continues to work with PhD students at Foster while teaching in southern California, where she and her husband, Foster Emeritus Professor Bob Bowen, moved in 2012. She collaborates with accounting professors here, recently publishing a paper in The Accounting Review with Foster Professor Lloyd Tanlu and Foster PhD candidate Amanda Winn, now a faculty member at Illinois.
Jane and Bob live in a historic 1925 Spanish revival home near Balboa Park, California. They have traveled with the USD Business School faculty to India, Korea and Japan. They also take occasional trips to Seattle, visit family in Saint John, New Brunswick and Austin, and spend some time in Maui, which is one of the few places with arguably better weather than San Diego. Jane and Bob miss their Seattle friends and colleagues, but, as Jane says, “thankfully many have visited!”
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Mario Alongi, David Parkinson, Lisa Anton, Patrick Leake, and Eddie Lin
Bryan Keightley, John David McLeary, Natasha Pulliam and Trenton Dos Santos-Tam
Foster Brings Home the Gold! Accounting Students Win Deloitte Case Competition
KPMG ALPFA Case Competition
THE UW FOSTER SCHOOL hosted the Deloitte Case Competition last February, in which teams of undergradu-ates are given a difficult accounting problem and must use their analytical skills to provide a potential solution. A panel of judges, consisting of several Deloitte personnel and two professors from Foster, evaluated the student pre-sentations. One team clearly stood out and was awarded first place.
Their local win qualified the team for the national com-petition in Dallas in April 2014. The UW team competed
THE KPMG-SPONSORED Association of Latino Professionals in Finance and Accounting (ALPFA) national case competition in Orlando pitted 24 teams from universi-ties across the country. Before the competition, four Foster students were coached by KPMG professionals and UW faculty member Jake Thornock.
Once they arrived in Orlando, the team was given a case examining the merger of Disney and LucasFilms, and the students were asked to evaluate the merger and provide recommendations. They had three hours to assess the case, develop recommendations and create a presenta-tion. The next day, they competed against seven other universities and were chosen to advance to the final round. They presented their analysis to three KPMG national part-ners, who evaluated them on content, presentation and responses to difficult questions. Out of 24 teams, the UW team was the first runner up!
against five other national finalist schools, including Notre Dame and BYU. Several Deloitte professionals, including Don Heisler, chair of the Accounting Development Fund, worked with the team to polish their presentation skills and to ensure they considered all important accounting issues. The team performed beautifully at nationals, working together to solve a complex accounting problem and to respond to challenging questions from the panel of national partners at Deloitte. We are pleased to report that the UW team won the national competition!
PG.8 MICHAEL G. FOSTER SCHOOL of BUSINESS
CONGRATULATIONS TO KIERSA SANDERS! The accounting faculty chose her as the Most Outstanding Accounting Graduate based on her leadership skills, contributions to the community, and drive to excel.
Kiersa helped manage case competition efforts as a Beta Alpha Psi leader, introduced prospective students to campus as a Student Ambassador, and mentored high school students through the Young Executives of Color (YEOC) program. Off campus, Kiersa participated in a number of summer leadership programs, spending time at Daniels School of Business, Harvard Business School, and Yale School of Management.
Kiersa was able to juggle her on-campus efforts with off-campus jobs and volunteer activities, all while maintaining a 3.79 GPA in Foster’s Accounting Department. She began her career at Deloitte Consulting this fall, and we look forward to following her continued success.
Most Outstanding Accounting Graduate
MARNIE BROWN IS A THIRD-GENERATION Husky and has been active in campus matters since her freshman year. She has worked as a campus tour guide, served on the University Book Store board of trustees, and was vice chair of the university’s Services and Activities Fee Committee. Now she will be representing University of Washington students as a Regent.
After graduating this past June, Marnie spent the summer in several countries. She worked in Australia for Ernst and Young on a global internship, which she says was fascinating — she was able to observe client interactions, prepare useful tax research for a partner, and possibly best of all, learn what Australian football was like! She also traveled to LA and Orlando (where she was thrilled to visit Disney World) and finally Ireland as a graduate assistant on the Foster Business School’s Exploration Seminar, “Will the Celtic Tiger Rise Again?” She loves traveling — she believes “the more you see, the more you realize how much you haven’t seen,” which she finds humbling and important to remember.
Born and raised in Olympia, Marnie credits her parents for her success — their support and the opportunities she was given have helped her become an accomplished student, world traveler and now University Regent.
She is excited to bring a student perspective to the Board of Regents as she begins work on a master’s degree in the MPAcc Taxation program.
Foster Accounting Student, Marnie Brown, Appointed to Board of Regents
PG.9UNIVERSITY of WASHINGTON
beta
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siThe Collaboration team then traveled to Atlanta, Georgia, along with thirteen BAP Officers, to compete against teams from around the world. The team of Payton Burnett and Jennifer Cheng, together with two students from Seattle University, took home the 2nd place prize in their category.
After documenting the progress the chapter made throughout the year, the chapter entered the Gold Video Challenge Competition and was honored to be awarded the Gold Distinction, given annually to only 15 of the over 300 BAP chapters.
Beta Alpha Psi News
BAP students to Alaska to prepare taxes through the VITA program.
REGIONAL & NATIONAL NEWSLast spring, faculty advisor Elizabeth Widdison took the Beta Alpha Psi Delta Chapter leadership team to Portland, Oregon for the 2014 Northwest Regional Conference. Twenty-six Foster School students (including both incoming and outgoing officers) participated in workshops and professional sessions on accounting topics. They bonded with each other, met students from around the region and competed in the Deloitte Best Practices regional competition. Our BAP students had one of their strongest showings in chapter history, taking home the 1st place prize in the Collaboration category and 2nd place prizes in the Leadership and Strategic Planning categories.
LOCAL NEWS
BAP students pitch-in to clean the Ronald McDonald House.
Service ActivitiesBeta Alpha Psi continues to provide its members a variety of ongoing service projects. Once again, stu-dents from the Delta Chapter participated in the United Way’s Volunteer Income Tax Assistance (VITA) program; this year, over fifty students participated. For the second year in a row, BAP students, with the support of the Accounting Development Fund, the Bill Wells Endowment and Ernst & Young, traveled to Alaska to provide VITA services to remote villages. Along with other one-time events held throughout the year, there were also daily service opportunities at the University District Food Bank and as a free accounting tutor for Foster students. In total, our chapter provided over 4500 service hours last school year.
PG.10 MICHAEL G. FOSTER SCHOOL of BUSINESS
Elizabeth Widdison was delighted to pass the BAP advisorship baton to Tom Phillips beginning fall 2014.
BAP student Jaime Miller signs in at the Meet the Firms event, fall 2014.
Students Victoria Carrero and Madeline Bastrom network with Shane Waldemar of Ernst and Young.
What is Beta Alpha PsiBETA ALPHA PSI is an interna-tional honorary organization for Financial Information students and professionals. The primary objective of Beta Alpha Psi is to encourage and give recognition to scholastic and professional excellence in the business information field. This includes promoting the study and prac-tice of accounting, finance, and information systems; providing opportunities for self-develop-ment, service and association among members and practicing professionals; and encouraging a sense of ethical, social, and public responsibility.
Did you know?Beta Alpha Psi was founded in 1919. There are over 300 chap-ters on college and university campuses worldwide with over 300,000 members initiated since Beta Alpha Psi’s formation.
The University of Washington’s BAP chapter was the fourth chapter in the nation, formed in 1921 with 12 student members, and carries the fourth Greek letter as its name — Delta chapter. Foster’s Delta Chapter has been awarded Superior Chapter for thirteen consecutive years.
Professional Activities The Delta Chapter creates many opportunities to meet professionals by attending weekly professional meet-ings, mentorship programs, personal enrichment workshops, networking dinners, and the Meet the Firms career fair.
Last year, the chapter hosted speakers from the FBI, Nordstrom’s Internal Audit department, the Washington Society of CPAs, and many others. Meetings also featured professionals from regional, national and Big 4 accounting firms, including Tim Ryan, Vice Chairman and Markets, Strategy and Stakeholders Leader of PwC.
Annual Awards and Alumni BanquetOver 200 faculty, students and professionals celebrated the end of the academic year at the Beta Alpha Psi Delta Chapter Annual Banquet last May. The group commemorated an outstanding individual, our faculty advisor for the past two years, Elizabeth Widdison. The entire accounting department, all of Beta Alpha Psi, and the countless students who she has influenced over the years wish her a wonderful retirement. The role of faculty advisor will be taken over by Thomas Phillips for the upcoming school year.
Save the date for next year’s banquet — it will be May 21, 2015, at the HUB.
PG.11UNIVERSITY of WASHINGTON
Amy Hood, Microsoft CFO, offers students the benefit of her real time experience in instructor Bob Weede’s Advanced Issues in Accounting class, spring quarter 2014.
Shelley Reynolds, keynote speaker at MPAcc Graduation, is Amazon’s Principal Accounting Officer and Vice President, Worldwide Controller since April 2007.
A UW veteran, Francine Shafer remains a vital part of the MPAcc program advising students and cultivating alumni relations.
100% of 2014 A&A graduates and 95%
of Tax graduates had jobs by graduation.
What is MPAcc? • A three-quarter long, full-time
professional master’s degree program
• Applicants choose between two tracks: Auditing and Assurance or Taxation
• Graduates are qualified to sit for the CPA exam
• Graduate placement rates are outstanding due to Foster’s reputation for producing strong candidates
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PG.12 MICHAEL G. FOSTER SCHOOL of BUSINESS
Dave Burgstahler, Julius A. Roller Professor of Accounting at the Foster School of Business, was recently awarded a 2014 Schoeller Senior Fellowship Award. The award is given annu-ally to a renowned senior scholar doing research that contributes to responsible leadership in business and society. The award provides research funds of 50,000 euros. Dave received his award at a ceremony in Nuremberg, Germany on May 22, 2014. Congratulations, Dave!
What Are They Reading?
Professor Paige Patrick received the 2014 Management Accounting Section Dissertation Award at the AAA meeting in Atlanta, August 2014. Congratulations Paige!
D. SHORESQuiet: The Power of Introverts in a World That Cannot Stop TalkingCrooked Letter, Crooked Letter
Think Like a Freak . . . a follow-up to Freakonomics and
Superfreakonomics, this book continues making the argument for embracing evi-dence from data, even if it isn’t what we may want to personally believe . . . an easy, enjoyable read. I have also been reading (multiple times a night) Goodnight Moon with my daughter — she is a big fan!
Quiet . . . a fascinating book based on psychological research. After reading it, I better understand my behavior as an introvert and I now give myself permission to stop posing as an extrovert.
Crooked Letter, Crooked Letter . . .a wonderful celebration of humanity and its amazing capacity for survival, redemption, and forgiveness.
Capital in the Twenty-First Century . . . applying a broad time-series of data from a wide array of countries, Thomas Piketty explores the distribution of wealth between the haves and the have-nots.
Colorless Tsukuru Tazaki and His Years of Pilgrimage . . . with dreamy, evocative prose, Murakami traces the journey of the title character, searching for friends left far in the past.
Where’d You Go, Bernadette? . . . a laugh-out-loud story of a mother, a daughter, and a cruise to Antarctica results in a hilariously keen and ultimately affectionate portrait of Seattle.
ASHER CURTISThink Like a FreakGood Night Moon
PETER DEMERJIAN Capital in the Twenty-First CenturyColorless Tsukuru Tazaki and his Years of PilgrimageWhere’d You Go, Bernadette?
Faculty Research Awards
PG.13UNIVERSITY of WASHINGTON
DAVE BURGSTAHLERDiscussion of “The Shapes of Scaled Earnings Histograms are Not Due to Scaling and Sample Selection: Evidence from Distributions of Reported Earnings per Share,” Contemporary Accounting Research, 2014.
“Do Scaling and Selection Explain Earnings Discontinuities?” with Elizabeth Chuk, Journal of Accounting and Economics, forthcoming.
ASHER CURTIS“Forecasting Sales: A Model and Some Evidence from the Retail Industry,” with Russell Lundholm and Sarah McVay, Contemporary Accounting Research, 2014.
“Does Short-Selling Amplify Price Declines or Align Stocks with their Fundamentals?” with Neil Fargher, Management Science, forthcoming.
“The Disclosure of Non-GAAP Earnings Information in the Presence of Transitory Gains,” with Sarah McVay and Benjamin Whipple, The Accounting Review, 2014.
“An Analysis of the Implications of Discontinued Operations for Continuing Income,” with Sarah McVay and Mindy Wolfe, Journal of Accounting and Public Policy, 2014.
PETER DEMERJIAN“Managerial Ability and Earnings Quality,” with B. Lev, M. Lewis and S. McVay, The Accounting Review, 2013.
WEILI GE“The Effect of Manager-Specific Optimism on the Tone of Earnings Conference Calls,” with Angela Davis, Dawn Matsumoto, and Jenny Zhang, Review of Accounting Studies, forthcoming.
FRANK HODGE“Does Coordinated Presentation Help Credit Analysts Identify Firm Characteristics?” with R. Bloomfield, P. Hopkins and K. Rennekamp, Contemporary Accounting Research, forthcoming.
“Does Voluntary Adoption of a Clawback Provision Improve Financial Reporting Quality?” with E. deHaan and T. Shevlin, Contemporary Accounting Research, 2013.
DAWN MATSUMOTO“Assessing Methods of Identifying Management Forecasts: CIG vs. Researcher Collected,” with E. Chuk and G. Miller, Journal of Accounting and Economics, 2013.
“The Effect of Manager-Specific Optimism on the Tone of Earnings Conference Calls,” with Angela Davis, Weili Ge and Jenny Zhang, Review of Accounting Studies, forthcoming.
Accounting Department Publications: 2013-14SARAH MCVAY“Does Ineffective Internal Control over Financial Reporting affect a Firm’s Operations? Evidence from Firms’ Inventory Management,” with M. Feng, C. Li, and H. Skaife, The Accounting Review, forthcoming.
“The Disclosure of Non-GAAP Earnings Information in the Presence of Transitory Gains,” with A. Curtis and B. Whipple, The Accounting Review, 2014.
“Forecasting Sales: A Model and Some Evidence from the Retail Industry,” with A. Curtis and R. Lundholm, Contemporary Accounting Research, 2014.
“An Analysis of the Implications of Discontinued Operations for Continuing Income,” with A. Curtis and M. Wolfe, Journal of Accounting and Public Policy, 2014.
“The Disclosure of Non-GAAP Earnings Following Regulation G: An Analysis of Transitory Gains,” with M. Baumker, P. Biggs and J. Pierce, Accounting Horizons, 2014.
“Managerial Ability and Earnings Quality,” with P. Demerjian, B. Lev, and M. Lewis, The Accounting Review, 2013.
ZOE-VONNA PALMROSE“PCAOB Audit Regulation a Decade after SOX: Where It Stands and What the Future Holds,” Accounting Horizons, December 2013.
LLOYD TANLU“Evaluating Proposed Remedies for Credit Rating Agency Failures” with S. J. Jollineau and A. Winn, The Accounting Review, 2014.
JAKE THORNOCK“Exploring the Role that Delaware Plays as a Domestic Tax Haven,” with Scott Dyreng and Bradley Lindsey, Journal of Financial Economics, 2013.
“Can Short Restrictions Actually Increase Informed Short Selling?” with Adam Kolasinski and Adam Reed, Financial Management, 2013.
“The Effects of Dividend Taxation on Short Selling and Market Quality,” The Accounting Review, 2013.
“Optimistic Reporting and Pessimistic Investing: Do Pro Forma Earnings Disclosures Attract Short Sellers?” with Ted Christensen and Michael Drake, Contemporary Accounting Research, 2014.
“Taking the Long Way Home: Offshore Investments in U.S. Equity and Debt Markets and U.S. Tax Evasion,” with Michelle Hanlon and Edward Maydew, Journal of Finance, forthcoming.
“The Reputational Costs of Tax Avoidance,” with John Gallemore and Edward Maydew, Contemporary Accounting Research, forthcoming.
rese
arch
PG.14 MICHAEL G. FOSTER SCHOOL of BUSINESS
Nicole L. Cade was awarded one of ten grants given to top doctoral students across the country by the Deloitte Foundation. The awards support PhD can-didates who intend to pursue academic careers after graduation.
Accounting PhD Program Placement
2014Kristina Demek, University of Central FloridaAmanda Winn, University of Illinois at Urbana-Champaign
2013Ed deHaan, Stanford University
2012Jared Jennings, Washington University
2011Brad Blaylock, Oklahoma State UniversityAlex Edwards, University of TorontoAllison Koester, Georgetown University
2010Liz Chuk, University of Southern CaliforniaValerie Li, University of Washington-Bothell
THE ACCOUNTING DOCTORAL PROGRAM admits 2-4 students over 65 applicants per year. Listed below are recent graduates with placement information. Nearly all have published papers with faculty in the top accounting journals.
Impressive PhD AwardsTWO FOSTER ACCOUNTING PHD candidates won prestigious grants to continue their studies this year, and two students were honored with the Dean’s excellence award.
2009Urooj Khan, Columbia UniversityL. Jennie Zhang, University of British Columbia Todd Kravet, University of Texas-Dallas
2008Richard Mergenthaler, University of Iowa
2007Andrew Call, University of GeorgiaMax Hewitt, Indiana UniversityWhee Ling Kevin Koh, Nanyang Technological University, SingaporeChristine Mashruwala, Baruch CollegeShamin Mashruwala, Baruch CollegeTom Vance, University of Waterloo, CanadaRyan Wilson, University of Iowa Winner 2008 ATA Dissertation Award
2006Kathleen Hertz Rupley, Portland State UniversityMitchell Oler, Virginia Tech University
Nicole Cade and Darren Bernard received the Dean’s Achievement Award given to third year PhD students. The award is presented in recognition of excellence in the areas of research, teaching, service and/or academic performance.
Frank Hodge with graduates Kristina Demek (left) and Amanda Winn (right) on graduation day. Congratulations to Kristina and Amanda as they successfully launch their academic accounting careers.
2005Stacie Kelley Laplante, University of GeorgiaYen Hee Tong, Nanyang Technological University, Singapore
2004Koji Kojima, Kwansei Gakuin University, Japan
2003W. Brooke Elliot, University of Illinois-ChampaignMichelle Hanlon, University of Michigan Winner 2004 ATA Dissertation Award Winner 2004 Financial Reporting Section Dissertation AwardTina Zamora, Boston College
Brady Williams won the 2014 AAA/Grant Thornton Doctoral Dissertation Awards for Innovation in Accounting Education for his dissertation research, Income Shifting Potential and the Boundary of the International Firm.
PG.15UNIVERSITY of WASHINGTON
FASB Town Hall Meeting at Foster School
ADF Board member Ron Rauch and FASB board member Larry Smith discussing the issues with audience members.
UW Business School alumnus, Diane Rubin, chairs the FASB Town Hall Meeting in one of Foster’s newest facilities, Dempsey Hall.
ON MAY 8, 2014, the Financial Accounting Standards Board (FASB) and the Private Company Council (PCC) chose the Foster School as the site for one of only two town hall meetings held in the United States this year.
The town hall meeting was led by Diane Rubin, a Foster School alumnus and a member of the PCC. FASB Chairman Russell G. Golden and two other FASB board members, Lawrence W. Smith and Daryl E. Buck joined the discussion about various PCC projects, including consolidations, interest rate swaps and accounting for goodwill. Also on the panel were PCC members George W. Beckwith and Steven J. Brown.
The PCC determines alternatives to existing US GAAP to address the needs of users of private company financial statements, based on criteria mutually agreed upon by the PCC and the FASB. The opportunity to bring FASB and PCC board members to campus to discuss issues facing many of the Northwest’s private companies is something the Accounting Department is proud to have facilitated.
(L-R) Daryl Buck (FASB), Steve Brown (PCC), Russ Golden (FASB), Diane Rubin (PCC), Larry Smith (FASB), and George Beckwith (PCC)
List of ProfessorshipsDave Burgstahler Julius Roller Professorship in AccountingAsher Curtis Lane A. Daley Faculty Fellowship Pete Dukes Durwood L. Alkire Endowed Professorship Weili Ge Moss Adams Endowed Professorship Frank Hodge Emmett S. Harrington Endowed Professorship in Accounting Dawn Matsumoto PricewaterhouseCoopers and Alumni Professorship in Accounting Sarah McVay Glen & Lucille Legoe Professorship in Accounting Zoe-Vonna Palmrose Kermit O. Hanson Professorship Steve Sefcik A. Kirk Lanterman/Holland America Line Professorship in Accounting Jake Thornock William R. Gregory Faculty Fellowship
PG.16 MICHAEL G. FOSTER SCHOOL of BUSINESS
ACCOUNTING DEVELOPMENT FUND BOARD OF TRUSTEES
Robert W. Ash The Benaroya Capital Company
Joe Brotherton The Brotherton Companies
David A. Brown Plum Creek Timber Co.
*Larry D. Calkins Holland America Line-Westours, Inc.
Roland (Pete) E. Dukes University of Washington
Luke FewellMicrosoft
Saul Gates Inrix, Inc.
*Gary P. Grimstad Certified Public Accountant
**Donald Heisler Deloitte
Frank HodgeUniversity of Washington
*Kelly KellerPricewaterhouseCoopers
David Lewis Novinium
Stephen E. Marsh Certified Public Accountant
Thomas E. Melang Melang, Hopps & Company, PLLC
Gerhard G. MuellerUW Professor Emeritus
*Kevin J. Murphy Boeing Capital Corp.
*Charles PancerzewskiCertified Public Accountant
Brandon PedersenAlaska Air Group
Rodney A. PiersonPhysicians Insurance
Ronald G. Rauch Clark Nuber
Gary Rigsby Attachmate Corp.
*Lori RussellSweeney Conrad
*Karen SaundersKPMG
Dave Schilling Moss Adams
Steve Sefcik University of Washington
Kathy SmithErnst & Young
*Walter R. SmithBader Martin Ross & Smith, P.S.
Matt StoverErnst & Young
Trevor A. StuartIntellectual Ventures
Jeff WiseMarchex
* Executive Committee Members**Chair of the Executive Committee
Devoted Alumni and FriendsTHANK YOU FOR YOUR GENEROSITY this past year! The programs and resources our students depend on for a first-class accounting education would be severely diminished without private giving from our alumni and friends. Directly because of your efforts, the Accounting Department continues to rise in national rankings.
Our ADF Board of Trustees and the donors listed on the following pages are our supporters — we are proud to recognize your generosity!
Thank you!
Don Heisler DELOITTE CHAIR, ACCOUNTING DEVELOPMENT FUND
Frank Hodge FOSTER BUSINESS SCHOOL CHAIR, ACCOUNTING DEPARTMENT
PG.17UNIVERSITY of WASHINGTON
than
k yo
u!
FY14 DONORS ORGANIZATIONS $1,000 - $1,999Sweeney Conrad, P.S.
FY14 DONORS INDIVIDUALS $1,000 - $1,999Maryanne (‘81) & Monti (‘81)
Ackerman
Jeffrey (‘81) & Mabel Bialik
Gregg (‘76) & Jane Blodgett
Joseph (‘76 & ‘82) & Maureen (‘76) Brotherton
Craig (‘80) & Susan (‘81) Bruya
Shirley (‘70) & Edward Cheramy
Amy Hu (‘97) & Richard (‘97) Chinn
Charles Dickey (‘90) & Sheila Wyckoff-Dickey
Roland & Phyllis Dukes
Luke Fewel (‘97)
Crystal (‘04 & ‘05) & Josh Finkelstein
Stephanie Fohn (‘82)
Saul (‘91) & Carolyn (‘90) Gates
Trevor (‘83) & Michele (‘83) Harris
Max Hewitt (‘07)
Frank & Abigail Hodge
Leon (‘50) & Ruby (‘50) Holman
Wilbur (‘62 & ‘68) & Judith (‘63 & ‘66) Jurden
Jane (‘78) & Peter Lamb
Richard (‘84) & Valerie Larkins
David (‘77) & Dana Lewis
Glenn Light (‘49)
H. Paul Lowber (‘78)
Craig Manseth (‘88)
Kimiaki Maruo (‘90)
Dawn (‘98) & John Matsumoto
Chad (‘97) & Sabrina (‘96) Miller
Brandon (‘01) & Serena Nett
Rodney (‘70 & ‘72) & Nancy Pierson
Guy (‘59) & Nancy Pinkerton
Kevin (‘98) & Reenie Rowe
Alena Shafer (‘04 & ‘05)
Isabella (‘80) & Louis (‘79) Snyder
Amy Steele (‘02 & ‘03)
Chris Strand (‘80)
Colleen Strand*
$500 - $999Reed (‘73) & Nan Bettinger
Robert (‘85) & Elizabeth Block
Janice (‘68) & Dennis (‘68) Conrad
Donald Corbett
Charles (‘81) & Elizabeth Dohoney
Lynnette (‘90) & Mike Frank
Kelley (‘88) & Dean (‘88) Gaylor
William Gregory (‘55)
Harumi (‘79) & Douglas Guiberson
Scott (‘88) & Kelly (‘90) Hunt
Matthew (‘04 & ‘06) & Lori Hurl
Karen Ikeda (‘84)
Kevin Kaldestad (‘79)
Lixin Lin (‘07) & Weili Ge
Stephen (‘77) & Ann (‘79) Marsh
Ronald (‘91) & Kim (‘92, ‘93 & ‘99) McFadden
Frank (‘66) & Mary (‘65) Montgomery
Bruce (‘85) & Cynthia Parks
Brandon (‘88) & Janet (‘88) Pedersen
Jan Pistorese (‘80)
Wendy (‘01) & Mark Rafn
Steve (‘85) & Linda Reichenbach
Emily & Benjamin Rollins
John (‘48 & ‘08) & Ruth Sato
James Schneidmiller (‘76) & Gina Vangelos (‘80)
Wendy (‘88) & Stephan Sefcik
Ralph (‘75) & Alicia (‘73) Siegel
Joan (‘86) & Scott St. Marie
Bradley Stern (‘81)
Peter Stirling (‘86)
Norman (‘76) & Lynn Swick
Mary Tang (‘95 & ‘96)
Walter (‘73) & Kelly (‘74 & ‘77) Wallace
Robert (‘58) & Judith Wilson
$100 - $499Walter Alexander (‘71)
Hadis Ali (‘13)
Leonard (‘74) & Penny Almo
Jessica Andrews (‘03 & ‘04)
Brandon Ardillo (‘08)
Lisa (‘85) & Kenneth (‘85 & ‘88) Baronsky
Brianne Belur (‘03 & ‘04)
Paul (‘52) & Marion (‘51) Bentson
Jeff Bergstrom (‘02)
Richard Bradish (‘50, ‘58 & ‘63)
Karen (‘84) & Benny (‘82 & ‘86) Brandvold
June Bright (‘56 & ‘83)
Marni (‘05) & Justin (‘01) Broom
Grace Bunnya (‘02)
William (‘62 & ‘72) & Margaret Burg
Ralph Byron (‘57)
Jessica Caesar (‘11 & ‘12)
Katherine Campbell (‘96) & Duane Helleloid (‘98)
James (‘69) & Lynn (‘71) Carlsen
Mary Carlson (‘76 & ‘09)
Gerald Chrobuck (‘71 & ‘74)
Thomas Colombo (‘93)
Daniel (‘91) & Christan Connors
James Dayka (‘84)
Chengying Deng (‘09 & ‘10)
Joseph DeVleming (‘07 & ‘08)
Mary Dickinson (‘87)
2013-14 Accounting Department ContributionsLISTED ON THE FOLLOWING PAGES are those individuals, corporations, and foundations whose gifts were received by the Accounting Department in Fiscal Year 2014 (July 1, 2013 through June 30, 2014). We sincerely apologize for misspellings or inadvertently omitting any listing, and we appreciate the opportunity to correct our records. Please contact us at 206.543.4368 to advise us of any errors.
FY14 DONORS ORGANIZATIONS $25,000 OR MOREPwC LLP
$10,000 - $24,999KPMG
Microsoft Corporation
The Boeing Company
Ishiyama Foundation
Deloitte
Chevron Corporation
$5,000 - $9,999Amgen Foundation, Inc.
Clark Nuber, PS
Bader Martin, PS
EY
Resources Global Professionals
$2,000 - $4,999Grant Thornton Foundation
Glaser Foundation
FY14 DONORS INDIVIDUALS $25,000 OR MOREBrian (‘94 & ‘04) & Aurora
(‘93) Nugent
$10,000 - $24,999Marybeth Austin (‘59 & ‘72)
Spencer & Jennifer Furch
Dennis (‘69) & Lana (‘72) Huse
Brad (‘97) & Danielle Tilden
$5,000 - $9,999Robert & Clodagh Ash
David (‘76 & ‘83) & Leslie Brown
Larry (‘76) & Sue Calkins
Robert Carlile
Kelly Keller & Troy Tidwell
Anne McGonigle (‘85) & Gregory Witter
Charles (‘61) & Gayle Pancerzewski
Peter (‘84) & Laurel (‘80) Shimer
Terry (‘78) & Virginia Tranter
$2,000 - $4,999Scott Angel (‘80)
Kristianne (‘75) & John Blake
Gregory (‘86) & Paula Blume
Kevin & Margo Bouchillon
Christopher (‘96) & Kelly (‘96) Brown
Michael Chinn (‘96 & ‘97)
Gerald (‘64) & Susan Christensen
William (‘66) & Helene (‘00) Fowler
Glenn (‘78 & ‘80) & Renee Graham
Richard (‘74) & Jeannie Greaves
Gary (‘75) & Marcia (‘77) Grimstad
Patricia Angell (‘80 & ‘99) & Mark Hall (‘81)
Donald (‘94) & Lorelei Heisler
Leigh (‘80) & James (‘80) Hill
Christopher Hugo (‘92 & ‘93) & Julie Blum (‘92 & ‘93)
Cathleen (‘79) & Kevin Hylton
Joann Jen (‘05)
Douglas (‘68) & Willeen (‘68) Klan
Donald (‘87) & Joellen Loeb
Shirley Luhman
Richard (‘56) & Julianne McLean
Thomas (‘61 & ‘71) & Brenda (‘61) Melang
Mark (‘93) & Catherine (‘93) Mollandor
Gerhard & Coralie Mueller
Kevin Murphy (‘78 & ‘97) & Karen Freeman
Heather (‘91) & Eric (‘92) Nelson
Zoe-Vonna Palmrose (‘78 & ‘82) & John Carson
Joseph Limacher (‘89, ‘92 & ‘97) & Diana (‘96) Peterson
Bill and Wendy Platt
Ronald (‘77) & Jacquelyn Rauch
Gary Rigsby (‘89)
Lori (‘82) & Michael Russell
Jacqueline (‘87) & James Selvar
Walt Smith
Trevor (‘89) & Martsi (‘90) Stuart
Gary & Elizabeth Sundem
* deceased
PG.18 MICHAEL G. FOSTER SCHOOL of BUSINESS
Nellie Dillery (‘03 & ‘04)
Fawzi Dimian (‘64 & ‘68)
Kevin Durkin (‘11 & ‘12)
Steven Ednie (‘91)
Gordon Edwards (‘94)
Malcolm (‘01) & Carolyn Edwards
Abenezer Emnetu (‘13)
Steven (‘68) & Sylvia (‘70) Engel
Jonathan Eraham (‘02 & ‘03)
Mark (‘78) & Sally (‘81 & ‘85) Esser
Ryan Evans (‘03 & ‘04)
Thomas Farris (‘12 & ‘13)
John Ferry (‘89) & Mou Mallick-Ferry
Jacqueline Fifield (‘81)
Daniel Fletcher (‘05 & ‘06)
Glen (‘85) & Kathleen Furuta
Jennifer Galbreath (‘90)
Barbara Gasparich (‘90)
John (‘82) & Hildagard Gess
Bonnie Godfred (‘69)
Todd Gornick (‘85)
Preston Graham (‘03 & ‘04)
Lisa (‘70) & Edwin (‘72) Gredzens
Alaina Grimstad (‘06 & ‘07)
Kurt (‘88) & Kirstin (‘93) Havnaer
Wayne Hays (‘74)
Loyd Heath
Teresa Hegdahl (‘96)
Richard (‘79 & ‘80) & Tammy (‘83) Helgeson
Joanne (‘73) & Gerald Herber
Kristin Hillblom (‘08 & ‘09)
Paul (‘86) & Sara (‘87) Hodge
Arlen Horst (‘82) & Katherine Macdonald (‘89 & ‘06)
Amy Jackson (‘93)
Cassandra Kacirek
Dan (‘72 & ‘73) & Janice Kawamoto
David Keefe (‘77)
John Keel (‘09)
David (‘96) & Scarlet (‘97) Kendrick
Herbert (‘66) & Peggy King
Leon (‘67) & Starr (‘87, ‘90 & ‘91) Klube
Keith (‘82) & Diane Komoto
Todd (‘08 & ‘09) & Laura Kravet
Jeremy Kuhlmann (‘03 & ‘04)
Vildana Kunduklija (‘08 & ‘09)
Frank Kuntz (‘85)
Hideki Kurokawa (‘80)
Theresa (‘84) & Aaron Lafrombois
Frank (‘50) & Verlee Larner
Michael Leichner (‘06 & ‘07)
Richard (‘59) & Hanna LeMaster
Matthew LePley (‘00)
Bekki Leu (‘98, ‘00 & ‘01)
Ho Leung (‘97) & Kit So
Ross Linderman (‘00)
Colleen Lindstrom (‘87)
Michael Lucas (‘12 & ‘13)
Martin (‘67 & ‘70) & Andrea (‘70) Lybecker
Denise (‘86) & Hung (‘86 & ‘98) Mach
Satoshi Matsui (‘90)
RoAnne Matsuura (‘86)
Timothy (‘85) & Julie (‘86) McCann
Shelley (‘82) & Kyle (‘86) McCleary
Shea McManigal (‘10 & ‘11)
Gary Meek (‘80)
Robert (‘70) & Patricia Meyers
Tyler (‘95 & ‘96) & Julie (‘97) Mickey
Kyle Minnie (‘09 & ‘11)
Nadine Morgan (‘73)
Timothy (‘93) & Pamela Morin
Barbara (‘80) & John Nason
Jeffrey Neste (‘06 & ‘08)
Richard (‘69 & ‘70) & Dorothy Pacholski
Mustafa Patwa (‘91 & ‘93)
Gregory (‘73) & Zandra Peters
Erik (‘90) & Michele Petter
Jeffrey (‘01 & ‘02) & Elysa (‘03) Piha
Jonathan Qu (‘11 & ‘12)
Kavasseri & Raji Ramanathan
Carolyn Read
Stephen Reddaway (‘92)
Christine Reehoorn (‘11 & ‘12)
David Reischl (‘03 & ‘04)
Tasha (‘96) & Cody Repp
Lawrence Ross (‘59)
Diane Rubin (‘73 & ‘75)
Shahbaz (‘89) & Shahla Saudagaran
Rebecca Scannell (‘04 & ‘05)
George (‘68) & Mary Jo Scott
William (‘65) & Linda Scott
John (‘77) & Dorcy Seethoff
Monika (‘01) & Michael Senf
Alane Senyohl (‘87)
Grant Shaver (‘10)
Albert Sheehan (‘42)
Brian Shigaya (‘85)
Kurt (‘96) & Kylee (‘97) Shintaffer
Jeremy Skogsbergh (‘02 & ‘03)
Karen Smarr (‘79)
John (‘82) & Monica (‘82) Suryan
Norman (‘57) & Phyllis Swenson
Ruby & Lance Tatsuno
Jacob Thornock
Jeffrey Totusek (‘80)
Mark (‘91) & Kathleen (‘88) Trumbauer
Brian (‘85) & Carol Ulman
Glen Ulmer (‘72)
John (‘82) & Diana Van Aelstyn
Julie (‘89) & Eric (‘89) Varness
James Wahlen (‘82)
Robert (‘62) & Betty Wales
William (‘89) & Jeanne Wells
Darren West (‘07 & ‘08)
Kristina (‘89 & ‘95) Wetzel & Daren Salstrom
Paula (‘78 & ‘89) Wilson & Paul Baron
Adam Wirtala (‘05 & ‘06)
Jeffrey (‘00 & ‘01) & Jodie Wise
Caprice Wummer (‘84)
Qing Xu (‘04)
Kate (‘94) & Ming (‘96) Yan
Megan Yeung (‘09 & ‘10)
Chris (‘75) & Coleen Yoshina
Camille Yuan-Soo Hoo (‘76) & Thomas Hoo
Alla Zbirun (‘01)
Christopher Zibert (‘04)
Deborah (‘86) & John (‘87) Zygar
LESS THAN $100Peggy Andersen (‘75)
Valerie Bachand (‘14)
Frank (‘79) & Rosanna (‘81) Bellotti
Merrill (‘84) & Peter Biesada
Stephen Boerstler (‘94)
Bruce (‘81) Bollert & Jane Wagner
Ronald (‘80 & ‘83) & Susan Bueing
Loren Burt (‘78)
Timothy Carroll (‘75)
Ryan Caruso (‘07)
Nicholas Castillo (‘05)
David Cavaness (‘56)
Erik Chambers (‘14)
Michael Chau (‘14)
Keqiang Chen (‘09 & ‘10)
Kai Choi (‘05)
Laura Cosway (‘85)
Carl Cox (‘96)
Thomas Critchfield (‘04 & ‘05)
David Cullen (‘81) & Sandra Grimm
George (‘50) & Betty DeBon
Peter Demerjian
Satya Djojosugito
Phil (‘83) & Deb Dormaier
Julius Dossen (‘95)
Anne (‘84) & Quentin (‘85) Eng
Thomas (‘74) & Lisa Ferguson
Randy Fong (‘94)
Amanda Frost (‘14)
Kelsey Frost (‘12 & ‘13)
Kristin Frost (‘12 & ‘13)
Steven (‘87 & ‘94) & Tina Glover
Daniel Greaves (‘14)
Brian (‘83 & ‘94) & Maureen Guenther
Joseph Haberzetle (‘99 & ‘00) & Katherine Gardner
Lee Hall (‘79)
Glen Halverson (‘73)
Kimberly Harris (‘09 & ‘10)
Kelsey Harstad (‘05)
Robert Heberling (‘09 & ‘10)
Sydnie Heberling (‘03 & ‘04)
Lisa (‘97) Horwich & Joseph Paperman
Xiaohong Huang (‘95)
Matthew Huggins
Kimberly Hughes (‘85)
Susan Hulbert (‘72)
Stephanie Iem (‘11 & ‘13)
Kristen (‘86) & William Jacobs
Jason Jenkins (‘14)
Barbara Johnson (‘87)
Cori Johnson (‘13)
Rebecca (‘88) & Bruce (‘88) Jones
Donald Kane (‘54)
Robert Kappel (‘57)
Allison Kollack (‘98)
Lilia Kondo (‘14)
James (‘69) & Barbara (‘66 & ‘80) Larson
Leonard Lee
Sarah Lin (‘14)
Christopher Lott (‘11)
Douglas (‘84) & Theresa Lovett
Kenneth Luginbuhl (‘14)
Michel Magnan (‘89)
Anthony Mai (‘07 & ‘08)
Anvar Mamedov (‘14)
Elliot Margul (‘13)
Richard (‘60) & Ida McCoy
Laura McDowell (‘14)
Gary McNeil (‘68 & ‘78)
Cassandra Merritt
Donald (‘64) & Joan Michela
Galen Miura (‘85)
Jon (‘87) & Corinna Munson
Hai Nguyen (‘06) & Phung Huynh (‘06)
Chima Nwala (‘96)
Patricia (‘82) & Timothy O’Donnell
Alice Oh (‘14)
Jessica Olsen (‘14)
Alicia (‘02 & ‘03) & Chris Perkins
Jodi (‘88) & Andrew Pickering
Constance Place (‘89)
Diane Ravenscroft (‘97)
Edward (‘58) & Carole Rich
Joel (‘75) & Nanci (‘75) Richards
Gail Round (‘76 & ‘86)
Andrea Ruud (‘07 & ‘08)
Stephen (‘75) & Kim Sakai
Kiersa Sanders (‘14)
Jana (‘97) & Trevor (‘97) Schneider
Gary Schulze (‘78)
Christine (‘87) & Allyn (‘87 & ‘93) Seymour
Erin Shen (‘99)
Donna Snyder (‘99)
Lauren Sporck (‘13)
Sheryl Straggi (‘06 & ‘07)
Harry Taniguchi (‘81)
Kimberly (‘91) & Michael (‘93) Thomson
Annie Tieu (‘91)
Natasha Tieu (‘14)
Ryan Van Tighem (‘09 & ‘10)
Cindy Weyers (‘84)
Gordon (‘98) & Bridget Williams
Roya Williams
Ashley Woller (‘09 & ‘10)
James Wong (‘88)
Jeffrey (‘94 & ‘03) & Jun Wong
Rae Woods
Jean Yoon
PG.19UNIVERSITY of WASHINGTON
PROFESSORSDavid BurgstahlerRoland “Pete” DukesFrank Hodge (CHAIR)James Jiambalvo (DEAN)Dawn MatsumotoZoe-Vonna PalmroseStephan Sefcik (ASSOCIATE DEAN)
ASSOCIATE PROFESSORSWeili GeSarah McVayD. ShoresJake Thornock
ASSISTANT PROFESSORSTerrence BlackburneAsher CurtisPeter DemerjianPaige PatrickPhillip QuinnLloyd Tanlu
DEPARTMENT OF ACCOUNTINGBOX 353226SEATTLE, WA 98195-3226
NON-PROFIT ORG.
U.S. POSTAGE
P A I D
SEATTLE, WA
PERMIT NO. 62
SENIOR LECTURERSWilliam Resler
LECTURERSRyan AnthonyWendy BaeslerMichael DimeoMark GibsonJason HedlundRich JohnsonIlesa McAuliffeJohn McLeanJoe PapermanNancy PasternackThomas PhillipsVaronica RaganJane ReichElizabeth WeberRobert Weede
STAFFJoAnn KochaFrancine ShaferCynthia Silvernale
EMERITUS FACULTYRobert Bowen James Gillick Loyd Heath Jane JollineauGerhard Mueller Eric Noreen Kavasseri Ramanathan Steven Rice Terry Shevlin Gary Sundem William Wells
FOSTER