inside - Terry College of Business

TULLupdate
Achieving excellence in accounting education
$1 Million Deloitte
Fund Established
John Davis
With pledged gifts totaling $1 million, the
Deloitte Foundation has established an endowment for the J.M. Tull School of Accounting.
The Deloitte Foundation Endowed Accounting
Support Fund will provide new annual funding
to attract and retain outstanding faculty, who will
be designated as Deloitte Foundation Endowed
Faculty Fellows, and provide scholarships to
deserving graduate and undergraduate students,
who will be recognized as Deloitte Foundation
Scholars.
In addition, during the five-year period in
which the endowed account is funded, Deloitte
The Fund will provide new
annual funding to attract and
retain outstanding faculty...and
provide scholarships to students.
employees and the Deloitte Foundation will
continue their support of the Deloitte Teaching
Fellowship, which provides resources for faculty
research and teaching, graduate fellowships, student organizations, and other priorities in the Tull
School of Accounting.
continued on page 3
inside
faculty spotlight
alumni news
honor roll
5
5
6
SPRING 2012 VOLUME 12, NUMBER 1
alumni spotlight
John Davis graduated from UGA in June 1976 with his bachelor’s
degree in accounting, and served as President of Beta Alpha Psi his senior
year. John currently serves on the Advisory Board for the J.M. Tull School
of Accounting and is a Partner with Dixon
Hughes Goodman LLP.
A native of Athens, with many fond
memories of Barrow and Alps Road
Elementary Schools, John has been a
Bulldawg since birth. His dad played
football at UGA in the 1940s when
Walley Butts was head coach. John’s
parents passed away when he was young,
causing him to spend his middle and high
school years away from Athens while living with relatives. His love for Athens
never ceased, and he returned for his college years.
After graduation, John joined a national accounting firm in Atlanta.
Several years later, he joined his friend, David Johnson, in creating
Johnson & Davis, PC. The firm was located in the Dunwoody area with
its primary focus on serving the accounting, tax and consulting needs of
retail automotive dealerships.
“Serving the automotive industry has been a very interesting and rewarding experience,” says Davis. “The owners are each unique and very good
business leaders, always leading the way with new and innovative business
practices. I have really enjoyed over 25 years of practicing in this industry.”
John and his wife, Yvette, live in the Virginia Highland area of
Davis continues to be recognized as a leader
in the automotive dealership industry niche by
working with local, privately held dealerships.
Atlanta. They have two energetic children, Jack, 4, and Vivienne, 2.
He also has two older children, Matthew and Michael, who live in the
Atlanta area.
John and Yvette are active members at Druid Hills Golf Club; John
spends time on the golf course while Yvette is a very accomplished tennis
player and active in the Atlanta Lawn Tennis Association (ALTA) and
the United States Tennis Association (USTA). John is a “scratch” golfer
and has competed in numerous State and National golf tournaments.
Most recently he qualified to play in both the 2010 and 2011 United
continued on page 3
TULL update
1
Message from the Director
As you can tell, the Tull School newsletter has had a facelift this spring. Specifically, we have
redesigned the newsletter in our continuing efforts for external communications to reflect
the quality of our programs while also maintaining cost efficiency.
We hope that you find the newsletter an informative way to reconnect with the Tull School in this more aesthetically pleasing format!
I also encourage you to update your contact and email information
with the Tull School by joining the Terry Online Community at
www.alumniconnections.com/olc/pub/GAUB/. The Tull School and
Terry College increasingly use email to communicate with alumni and
friends. Our efforts to contact electronically are only as good as our
contact information. Thus, please be sure to update your information
so you can share in all of the Tull School and Terry College news.
In the spring newsletter, I typically get to share positive news
regarding the School’s CPA exam pass rates. While similar this spring, the news is a bit different (in a great way). For the first time in the School’s history, the National Association of
State Boards of Accountancy reports that our MAcc students earned a first-time pass rate that
exceeds 90%. Specifically, ninety-two percent of our MAcc students passed all four parts of the
CPA exam on their initial attempt, which ranks third in the country among all institutions.
This pass rate is the highest ever achieved by our students and marks the ninth consecutive year
that the Tull School has ranked in the top ten for first-time CPA exam rates! Job well done!
For the first time in the School’s history, the National
Association of State Boards of Accountancy reports that
our MAcc students earned a first-time pass rate that
exceeds 90%.
The Public Accounting Report also recently released their annual rankings of
undergraduate, masters, and PhD programs. The Tull School’s undergraduate and
masters programs both ranked twelfth among all institutions (ninth and eighth, respectively
among public institutions). This marks the fifth consecutive year that our undergraduate and
masters programs have ranked in the top twelve among all institutions. Additionally, the Tull
School’s PhD program ranked fifteenth among all institutions and tenth among public institutions. These accolades reflect very positively on the quality of our programs, students and faculty and would not be possible without the generous support of our alumni and friends. Thank
you for your investment in the education of our students!
Last year, I mentioned that the School planned to expand our programs in the coming
years. In large part, we have already achieved the expansion in our MAcc program this academic year. Currently, we have our largest MAcc class on record of 172 students and anticipate that
132 of these students will graduate this year. (The remaining will graduate in 2013.) For comparison, 94 students graduated from our MAcc program in 2010 and 73 students graduated
in 2006. Expanding the MAcc program has allowed the School to meet the increased demand
for the program from our own undergraduate students as well as from top undergraduates
across the Southeast and nation. This expansion has also helped the School increase its footprint of employment opportunities as a larger number of students with more diverse interests
have resulted in more placements in New York and other cities outside the Southeast. These
opportunities, along with traditional impressive employment options that our students enjoy in
Atlanta, throughout the state and Southeast, bode well for the future of our programs and students. If you represent one of the firms or companies that provides these opportunities to our
students, thank you for the impact that you are having on the lives and careers of our students!
If your firm or company is not currently recruiting our students but would like to do so, please
do not hesitate to contact our graduate coordinator, Laura Clark.
2
TULL update
Voynich
Awarded
AICPA Gold
Scott Voynich (BBA
’75) was awarded the
Gold Medal Award for
Distinguished Service, the
highest honor given to
a CPA by the American
Institute of CPAs. Voynich
was presented the award
at the fall meeting of the
AICPA in Phoenix in
October.
Currently managing partner with Robinson, Grimes
& Company, P.C., Columbus
Georgia, Voynich served as
AICPA chair from 2003-04.
In 2005, Voynich received
the Terry College of Business
Distinguished Alumni Award.
ONLINE?
visit
terry.
uga.edu/
accounting
for the latest
Tull School
news and updates
Deloitte Fund
continued from page 1
John Davis
continued from page 1
“As a leading employer of our students, we greatly appreciate the outstanding
career opportunities Deloitte provides to our students and the multitude of professional successes that our students have enjoyed with them,” said Ben Ayers, the Tull
School’s director. “The generous support of Deloitte professionals and the Deloitte
Foundation led us to establish the Deloitte Foundation Endowed Accounting
Support Fund. It is a great testament to their vested interest in the education of our
students and their commitment to accounting excellence.”
“I am happy to announce this gift on behalf of the more than 250 UGA alumni
at Deloitte,” said Will Herman, a partner in Deloitte’s Atlanta office. “Supporting
educational initiatives is strategic to Deloitte and the Deloitte Foundation, and
we are proud to support the Tull School of Accounting and the Terry College of
Business.”
Ed Heys, the managing partner of Deloitte’s Atlanta Office, added, “We
are pleased to be able to demonstrate our commitment to the Tull School of
Accounting through this endowment. Our firm has benefitted greatly from the
education that our UGA alumni received from the Tull School, and we appreciate
the hard work of the faculty and leadership.”
States Golf Association Senior Amateur
Championships. John was runner up
this past year in the Druid Hills Golf
Club Championship and also is the
current Senior Club Champion.
In 1998, Johnson & Davis merged
with Dixon Odom PLLC, a North
Carolina-based firm that also had a large
presence in the automotive industry. A
merger between Dixon Odom and Crisp
Hughes Evans LLP in 2004 formed
Dixon Hughes PLLC and another with
Goodman & Company LLP in 2011
created Dixon Hughes Goodman LLP.
Dixon Hughes Goodman has more than
1,700 professionals across 30 offices in
11 states and D.C. It is recognized as
the largest CPA firm headquartered in
the Southern U.S., ranking among the
nation’s top 15 in size. In addition to
focusing on the dealership industry, John
is influential in growing the firm’s seven
other industry focuses, which include
Financial Institutions, Government
Contracting, Healthcare, Insurance,
Manufacturing/Distribution/Services,
Construction & Real Estate and Not-forProfit & Government.
John continues to be recognized as
a leader in Dixon Hughes Goodman’s
dealership industry niche by working
with local, privately held dealerships as
well as large, publicly traded dealership
groups. He can still be found on campus at Beta Alpha Psi meetings where
he also helps with the firm’s recruiting
efforts.
John has been very active in professional organizations during his career.
He has served on the steering committee for the American Institute of
Certified Public Accountants (AICPA)
Auto Conference for over ten years,
including five as Chairman. He is
involved with the Georgia and Metro
Atlanta Auto Dealer Associations,
as well as the National Auto Dealer
Association, and is a frequent speaker
at automotive conferences. John also
serves on the Advisory Board for the
Children’s Healthcare of Atlanta Sports
Network.
John has several golf goals remaining on his “to do list,” including the
desire to play in the US Senior Open
and the British Senior Amateur.
Tull MAcc Team Wins Annual
Internal Audit Case Competition
The winning team in action: (L to R) Alex Pirie, Eugene Kim, and
David Barker.
In November, the MAcc team of David Barker, Eugene Kim, and Alex Pirie won
first place in the First Annual Internal Audit Case Competition sponsored by The
Institute of Internal Auditors Atlanta Chapter and Georgia State University. They
competed in oral finals against nine other teams from universities and colleges
throughout Georgia, those ten teams being selected from numerous others based
on written submissions. Each team member received a cash award of $1,000. Denny Beresford served as the faculty advisor for the team.
TULL update
3
Summer Residency
Programs Get Key
Financial Support
from Deloitte
Deloitte LLP has committed to provide financial support to the Terry Accounting Residency
Program, a summer program hosted at UGA for
high school students interested in studying business and accounting.
Deloitte, the largest professional services organization in the U.S., has pledged $100,000 in support of the accounting program and a second summer program called the Terry Business Academy.
Both programs will be offered in two summer
sessions, introducing up to 150 outstanding high
school students to coursework and career options
in accounting and business, while sampling campus life at UGA.
Deloitte’s investment in the program is a part
of the firm’s multimillion-dollar national commitment to help prepare all students for college and
career success.
With Deloitte’s involvement, this year marks the
first time both summer programs will be offered
free of charge to participants.
“Deloitte’s support is a game-changer in
terms of the value high school students will take
from the Terry Business Academy and the Terry
Accounting Residency Program,” said Randy
Groomes, who directs the summer programs.
“Spending time on our campus will open participants’ eyes to career options they may want to
pursue, and we hope it helps them prepare for the
demands and expectations of higher education and
the job market after college.”
The Terry Accounting Residency Program is
a four-day program with a targeted focus on the
accounting profession. It exposes students to the
basics of accounting, as well as career prospects
with regional and national accounting firms and
related fields. The program also introduces some
job-skill fundamentals, like resume writing, business etiquette and workplace ethics. This summer,
the accounting program is offered June 17-20 and
July 8-11.
The Terry Business Academy is an intensive
one-week residential program. Students learn
about different business majors and career paths
and work in teams on developing and presenting
a business plan. The week also includes site visits
to the headquarters of leading corporations and
innovative companies and scheduled social events.
The academy is scheduled for June 3-9 and June
24-30.
4
TULL update
Memorial Honors Ken Gaver
Ken’s wife, Dr. Jenny Gaver
In November, a memorial bench was dedicated to honor Dr. Ken
Gaver. Three former Ph.D. students, Penny Bagley, Sarah Clinton, and
Isabel Wang coordinated the efforts to raise money for the bench and
memorial plaque. Other contributing students include Aamer Sheikh,
Barb Chaney, Betsy Haywood-Sullivan, Bill Henniger, Chad Simon,
Dahlia Robinson, Danny Lanier, Ed Douthett, Enya He, Jason Porter,
Jeff Patterson, John Jiang, Jon Duchac, K.C. Rakow, Lee Warren,
Mary Calegari, Melanie McCoskey, Neil Bhattacharya, Skip Hughes,
Suzanne Sevin, Tina Yang, Youngsoon Cheon, Sean McGuire and Ted
Christensen.
The bench is situated in the Mary Virginia Terry Garden between
Brooks and Sanford Halls. Ken was a member of the Tull faculty from
1990-2005. The bench will serve as a quiet spot of relaxation and
reflection for those impacted by his work and friendship.
Jane Thayer
faculty spotlight
Jane Thayer is finishing her fourth year at the Tull School this
spring. UGA became her home after she completed her PhD at Emory
University in 2008. Jane, originally from Alabama, moved back to the
Southeast from Texas upon beginning her studies at Emory. She was
excited to remain in the Southeast upon
receiving an offer to become an assistant
professor at UGA.
For her undergraduate studies, Jane
attended Birmingham-Southern College
in Birmingham, Alabama. As BSC was
a liberal arts college, she was required
to take most of her classes outside of
the business school. However, accounting quickly became her favorite course.
Classes at BSC were small and fostered
student-teacher relationships. Jane
remembers vividly the day she attended
her office visit with Ernst & Young,
receiving an offer during the visit. After
leaving her interview, she stopped at the business school to tell her professors of the offer, even before she called her parents with the news. “I
had such a close relationship with my professors and I was so excited to
tell them about my offer.” Today, Jane enjoys being the recipient of that
news from her own students. “That is such an important and exciting
time in our students’ lives. I feel blessed to have the opportunity to celebrate that milestone with them.”
Jane worked with E&Y in the Birmingham office as a staff auditor
for two years before taking a position with one of her clients, EBSCO
Industries. After two years, she left EBSCO to pursue an MBA degree at
the McCombs School of Business at The University of Texas at Austin.
At McCombs, Jane had the opportunity to teach in their Supplemental
Instruction program. This program, geared toward courses with high
dropout and failure rates, provided students an opportunity to attend
extra, non-mandatory lectures. She was the supplemental instructor for
Accounting 311, the first accounting course for all McCombs’ students.
It was during this experience that Jane realized how much she enjoyed
teaching. During her MBA program, she also attended workshops conducted by the accounting faculty at McCombs for visiting researchers.
These workshops gave Jane a sense of what accounting researchers studied. She was hooked. She knew a PhD was in her future.
Before applying to doctoral programs, however, Jane worked in
Dallas, Texas for three years as a valuation consultant in Deloitte’s
Financial Advisory Services (FAS) group. She left Deloitte as a manager
in FAS and began her studies at Emory in fall 2003. During her doctoral studies, Jane focused her research on the judgment and decision
making of users of financial accounting information. Since completing
her PhD, she has published her research in The Accounting Review and
Contemporary Accounting Research.
Jane is an avid reader and enjoys travelling. In the last few years, she
has traveled to the United Kingdom, France, Italy, Turkey, and South
Africa. She also loves visiting any of the small towns on Highway 30-A
in the Florida panhandle for a relaxing beach vacation!
News About
Graduates and
Students
Seth Abrams (BBA ’97 & MAcc ’98) has been
named partner at Gifford Hillegass & Ingwersen,
LLP, Atlanta.
PhD student Ann Backof discussed the paper
“Speak Up or Shut Up? The Moderating Role of
Client Importance on Auditor Defense Tactics” at
the AAA Auditing Section’s Midyear conference.
Amanda Chamberlain (BBA & MAcc ’11) and
Aylssa Jaklitsch (BBA ’11) have passed the CPA
exam.
Hope Ham (BBA & MAcc ’07) and husband Ben
Ham announced the birth of son Jediah Benson
Ham on December 14. Hope is employed by
American Express and Ben will soon complete
medical school and plans on an orthopedic residency. The family lives in Augusta.
Home Depot in Atlanta has promoted Clay Jones
(BBA & MAcc ’05) to Accounting Manager.
Ernst & Young has promoted Steve Konenkamp
(BBA ’79 & MAcc ’81) to be their America’s Chief
Operating Officer – Assurance. Steve will spend
much of his time in NYC, but continue living in
Atlanta.
Ph.D. student Jason Matthews discussed the
paper “Client Supply Chain Relationships, Audit
Firm Selection, and Implications for Audit Quality
and Pricing” at the AAA Auditing Section’s
Midyear conference.
Trinity Accounting Group of Athens has hired
Jandi Todd (BBA ’10 & MAcc ’11) to their Client
Accounting Services Staff.
Ashley Marsh Tyndal (BBA ’04 & MAcc ’06) and
husband Chris Tyndal (AB ’03) welcomed their
first child, daughter McClendon Bridges Tyndal,
on August 11.
What’s News With You?
Send your news items or
any changes in contact
information to
lclark@uga.edu
TULL update
5
HONOR roll
J. M. Tull School of Accounting
We thank the following individuals and companies for their contributions to the Tull School in 2011.
$100K and Up
Ernst & Young
$50K and Up
Deloitte
Dixon Hughes Goodman
KPMG
PricewaterhouseCoopers
Reznick Group
$25K and Up
AICPA Foundation
J. Bradford Branch
William W. Douglas III
and Lisa Layman Douglas
$10K and Up
R. Edwin Bennett and
Terry Bennett
Dennis R. Beresford
and Marian Beresford
Terry Steven Brown
and Lisa Brown
Warren G. Carson Jr.
Donald B. Carter
and Gretchen Carter
George T. Ethridge
and Alecia H. Ethridge
Deborah H. Hembree
and Hal Hembree
Edward Scarborough Heys Jr.
and Lori Heys
Phillip S. Hodges and
Catherine D. Hodges
Stephen M. Joiner and
Margaret C. Joiner
Timothy Allen Keadle and
Kathryn Thomas Keadle
Karole F. Lloyd and
John P. Lloyd
Jon D. McKee
Rand Meyer
Robert C. Patton and
Cornealia H. Patton
Porter Keadle Moore
B. Keith Ruth
Gerald A. Shirk
6
TULL update
Keith H. Shurbutt and
Tiffaney Shurbutt
John Michael Voynich and
Susie Voynich
$5,000 to $9,999
M. Brantley Barrow and
Sharon B. Barrow
Donnie B. Blackburn and
Pamela L. Blackburn
Thomas W. Breedlove and
Heather Breedlove
Randy D. Butler and
P. Beth Butler
Coca-Cola Company
Coca-Cola Enterprise
Frazier & Deeter
Grant Thornton
Christopher M. Griffin and
Jennifer L. Griffin
Swinton A. Griffith, III
Travis J. Hannon
Lester L. Harper, Jr. and
Katherine W. Harper
William A. Herman, IV and
Lonii V. Herman
Gail C. Hughes and
Tim Hughes
Joseph W. Reid and
Elizabeth S. Reid
Richard L. Rodgers and
Lara N. Rodgers
Ann M. Scheuerman
John F. Schraudenbach and
Terri K. Schraudenbach
R. Travis Storey and
Margaret W. Storey
Clarence B. Stowe
Michael L. Thompson
Truist
Mary Alice Trussell and
Philip E. Trussell
William T. Walton and
Darlene Walton
$2,500 to $4,999
Benjamin C. Ayers and
Marilyn Ayers
BDO USA LLP
Tim E. Bentsen and
Elesa Bentsen
Maxwell E. Blocker and
Marlene M. Blocker
Donna V. Bolien and
Jacques Bolien
Francis A. Brown and
Jan T. Brown
Britt Kyle Byrom and
Frances Cobb Byrom
Todd A. Cameron
Carl W. Duyck and
Dennis J. Flood
Charlie Britt Fiveash
Robert Fleshman
Gifford, Hillegass &
Ingwersen, LLP
Habif, Arogeti & Wynne, LLP
Kevin P. Heslin
Christopher G. Hines
Scott C. McGee
Moore Stephens Tiller LLC
Nichols, Cauley &
Associates, LLC
Mitchell L. Siegel
William Edward Smith and
Camille O’Neill Smith
Holly Adams Thibault and
Robert Stephen Thibault
$1,500 to $2,499
Sylvia Harley Arant
Craig Randal Brown
Emily M. Cochran
Wanda Irvin DeLeo and
Gene DeLeo
William George Dodge
Christopher E. Etheridge
and Ellen L. Etheridge
ExxonMobil Foundation
Jon Milton Glazman and
Marsha Jay Glazman
Carey L. Gordon and
Eileen Gordon
Mark Greeff
Matthew Wayne Hunt and
Cathy Lynn Hunt
William F. Kimble
F. David Leiter Jr. and
Michelle Kelley Leiter
Dexter Manning
Jason F. Martin and
Sarah Catherine Martin
Mauldin & Jenkins, LLC
William E. McLendon
Mary A. Middelton and
Steven Middleton
Moore Colson
William B. Peard and
Carey Peard
Tracy Pecone
Robert E. Pound
Ashley P. Scott and
Carr D. Scott
Lindsey Selleck
Smith & Howard, PC
Richard B. Taylor and
Sherrie Taylor
Edwin E. Thomas and
Amy Ruth Thomas
Holly D. Thomas
Gregory A. Thompson and
Maria G. Thompson
Turner Broadcasting Systems
Williams, Benator & Libby, LLP
$1,000 to $1,499
Alexander S. Aldworth
Amgen Foundation, Inc.
Liberty S. Berman
Michael P. Berrigan and
Blair S. Berrigan
Karen W. Braun
Charles P. Butler, Jr.
Edward L. Casey
Crowe Horwath LLP
Robert J. Dumas Jr. and
Rene M. Dumas
James Don Edwards and
Clara M. Edwards
Karl James Ehrsam
John L. Erwin
Kenneth M. Gaver and
Jennifer J. Gaver
Jonathan Robert Hanak and
Bethany Joy Hanak
Robert G. Heald
Danielle R. Holyoke
Terry Ray Huggins and
Katherine Huggins
Hyslop Shannon Foundation
Jonathan Kent Korol and
Janet Korol
James R. Morton
Lauren A. Olson
Carter R. Posner and
Angela L. Posner
Jason P. Rogers
Marc D. Sasser and
Lauren A. Sasser
David Howell Scott and
Jill F. Scott
Adrienne B. Seymour
William Charles Shimp and
Laurie R. Shimp
Anita C. Soucy and
Bruce Serchuk
Brian Staniszewski
Harvey E. Tarpley and
Sylvia Tarpley
W. Marks Towles Jr. and
Jane S. Towles
Mr. Jonathan R. Tucker
Souraya T. Jammal
Uniejewski
John M. Waters
Jerry M. Weil
J. Paul Whitehead, III
Brett M. Williams
$500 to $999
Duff B. Ayers
Barton W. Baldwin and
Brenda S. Baldwin
M. Brantley Barrow, II
Daniel Alexander Bennett
and Jessica D. Bennett
N. Fife Bentley
John William Bishop Jr.
William Thomas Bradfield
and Joan G. Bradfield
Michael J. Brake
Windham Brannon
Blaney G. Carter
Jennifer L. Chapman
Cherry, Bekaert &
Holland, LLP
Christopher Scott Cooper
and Melissa S. Cooper
Patrick William Crouch and
Ashley C. Crouch
Thomas M. Doherty
Elliott Davis, LLC
Joseph R. Estes
Georgia-Pacific Corporation
Michael Fernando Gonzales
Rodger Edwin Herndon II
J. Dennis Hester
Patrick Rush Hickey
Scott B. Jackson
Jeremy Daniel Jones and
Corrie L. Jones
William J. Kennerly
Allison R. Kessler
Cameron K. King
Adam Ryan LeBlanc and
Christy Anne LeBlanc
Jason Matthew Levin
Laurence A. Madeo and
Silvia A. Madeo
Diana Miller
Katherine E. Morris
Northwestern Mutual
Life Foundation
Missy M. Paris and
Taylor W. Paris
William Todd Rahn
Jessica S. Rhodes
Caleb R. Rich
Rödl and Partner USA
Paige N. Roper
Allen L. Ryan
Wes Smith and Catherine
Megan Smith
Southern Company
Services, Inc.
Jonathan R. Thompson
James K. Underwood
Deborah Ross Urquhart and
Richard V. Urquhart
Kyle M. Veal and
Valerie P. Veal
Bryan S. Warnock
Marla M. Watson and
James T. Watson Jr.
Kenneth B. Williams
F. Jenine Woodley
$100 to $499
W. Gregory Adkisson
Charles Lester Bagby and
Judy P. Bagby
John Benjamin Barrack and
Patricia D. Barrack
Michael V. Barrett and
Natalie Ann Barrett
Ryan James Barrow and
Susan Paige Barrow
Mary Beth Bereznak
David G. Bergman
Steven Robert Biagioni
Jeffrey Michael Bicksler and
Leslie Jane Bicksler
Adam Christiansen Blakely
and Gina Maria Blakely
John James Blee, II
Kayla Renae Bly
Timothy Patrick Brunelle
Claire Tobin Bruton
Charles J. Butler, III
Anonymous
James Robert Carter and
Susan Gail Carter
MClifford W. Casteel
Thomas W. Cervino Jr.
Shannon Chen
Tiga Yves Wai Yip Choi
Monalisa A. Chowdhury
John M. Clark
Maggie E. Clemons
Stephen James Cornwall and
Helen Cornwall
Michael A. Cummins
Sarah Jayne Darvill
Mark C. Dawkins
Christopher Ryan Deitrich
Sarah Anne Donald
Jessica M. Draper
Myles Dayton Emmert
Equifax Foundation
David Andrew Fallis
Akbar Hussain Firdosy and
Nisreen A. Firdosy
Jian Nan Fu and Jing Lin
Adrianne A. Gaines
Stephanie C. George and
Noah R. George
Samuel Jason Grant and
Tracey Lynn Grant
Chelsea R. Gray and
David D. Gray
Ginger Michelle
Brown Hackett
Justin H. Harmon
Eric Anthony Hauff
Heather B. Herndon
Kyle R. Herndon
Joseph Mills Hollis and
Megan M. Hollis
Brian P. Holloway
Neal A. Housworth
Paul Im
Sarah C. Jakelski
Haiying Jiang
Matthew A. Johnston and
Lana Brooke Johnston
George Herbert Jones IV
Stephen Louis Kahn and
Debra Kahn
Megan E. Keller
Gretchen R. Kent
Philip E. Laminack and
Elizabeth A. Laminack
William C. Lankford Jr. and
Ann Courtney Lankford
David Jon Lerner and
Melissa H. Lerner
Jason Alan Levitt
Kristina F. Lischke
Kelli Nicole Lovett
Joseph Edwin Lowe and
Edith C. Lowe
Julie Y. Lyon and
John L. Lyon
Linda Bartlett Marett
James Masterson
Kelly N. McCauley and
Patrick M. McCauley
Emily A. McGee
David Judson McGowan
Ryan Joseph Meccarielli and
Tonya Meccarielli
Lindsey Patricia Medbery
Ralph V. Melbourne, Jr.
Joyce Marie Middleton
Jessica Drew Miles
G. Lee Mimbs, Jr.
Arun T. Misra
Suzanne Byrd Monsen
Perry Glen Moore and
Dawn R. Moore
Ellie May Morris
Corey Scott Mullins and
Rebecca W. Mullins
Grant Joseph Nelson
Jason M. Norris
Allene M. Northcutt
Novelis Corporation
David J. O’Hare
Margaret J. O’Shea
Gregory P. O’Sullivan
Courtney S. Parsons
Zubin Nilesh Patel
Frederick Peng
Tara N. Pierce
Lucy Ann Pollard
Mr. Scott R. Quesnel
Lauren Odmark Reid
Charles Maclean Renwick
Todd Steven Restel and
Eva Marie Restel
Monty C. Rhodes
Jacob Scott Richardson and
Susan G. Richardson
Joseph A. Richwine
Susan Miller Robinson
Laura Christine Rose
Rebecca I. Rosenberg
J. Matt Royal
Lynn Holtz Sandry and
James Vincent Sandry
continued on page 9
TULL update
7
FACULTYactivities
Steve Baginski’s “Management Earnings Forecasting Policy
and the Cost of Equity Capital,” co-authored with former
doctoral student K. C. Rakow (St. Xavier University) has been
accepted by the Review of Accounting Studies.
Additonally, Advances in Accounting has accepted “An
Examination of the Effects of Management Earnings Forecast
Form on Financial Analyst Forecast Revisions,” which Steve
co-authored with John Hassell (Indiana University) and Matt
Wieland.
Steve also presented his paper with former doctoral student
Sean McGuire, Nathan Sharp, and Brady Twedt (all at Texas
A&M University), entitled “To Tell the Truth: Management
Forecast Characteristics During Periods of Accounting
Fraud,” at both UGA and Penn State University.
Steve continues to serve on the editorial board of The
Accounting Review and an as associate editor at Review of
Quantitative Finance and Accounting, and he remains involved
in international research activities by co-authoring current working papers with faculty in France, Italy, and Singapore.
Linda Bamber served on the panel, “Life as an Academic
Scholar” at the American Accounting Association (AAA)
New Faculty Consortium in Washington, D.C. in February.
Linda is listed on the Honor Roll of The Accounting
Review’s Most Frequent and Timely Reviewers.
She is a member of the AAA’s Outstanding Accounting
Educator Award Committee and the Canadian Academic
Accounting Association’s Annual Conference Scientific
Committee.
Michael Bamber was one of two featured speakers at the
AAA’s Auditing Section Doctoral Consortium in Savannah,
Georgia in January. At the Auditing Section’s Midyear conference that immediately followed, Michael discussed the paper
“The Effects of Auditor Rotation, Professional Skepticism,
and Interactions with Managers on Audit Quality.”
In October, Denny Beresford participated in a panel discussion on current accounting and auditing issues at the
PricewaterhouseCoopers Audit Committee Current Issues
Conference in New York City.
Later that month, he spoke to the Richmond, Virginia
chapter of Financial Executives International on accounting
and corporate governance issues.
Denny participated in a panel discussion sponsored by the
Center for Audit Quality on “Recent Regulatory Efforts –
What is the Nexus to Audit Quality?” at the AAA’s Auditing
Section Midyear conference in January in Savannah, Georgia.
Also in January, Denny was interviewed for Current
Accounts, the monthly publication of the Georgia Society of
CPAs on “The FAF Debate – Key Points Discussed,” a conversation on Private Company Finance Reporting Standards
and the need for a separate board.
8
TULL update
He served as a panelist for a discussion on financial reporting/accounting and hot topics at the 2012 Audit Committee
Issue Conference sponsored by KPMG in Miami, Florida
at the end of January, and spoke in February to the Dallas,
Texas chapter of the national Association of Corporate
Directors on current governance and disclosure issues.
As of January 1, 2012, Denny began his re-appointed
two-year term on the Standing Advisory Group of the Public
Company Accounting Oversight Board and his re-elected
three-year term on the Board of Directors of the National
Association of Corporate Directors.
The Accounting Review has accepted for publication
Margaret Christ’s paper, “Framing Sticks as Carrots: An
Experimental Investigation of Contract Frame and Effort
in Agency Relationships,” co-authored with Kristy Towry
(Emory University) and Karen Sedatole (Michigan State
University).
In January, Margaret’s paper, “Integrated Information
Systems, Risk Sharing, and Alliance Risk,” co-authored
with Andreas Nicolaou, (Bowling Green State) won the
Outstanding Research Paper Award at the Accounting
Information Systems Section meeting of the AAA. Also that
month, Margaret presented the paper at the Management
Accounting Section meeting of the AAA in Houston, Texas.
Jackie Hammersley has been named to the editorial board of
Accounting, Organizations and Society.
In January, Jackie participated in the Career Advice panel
discussion and was a discussion group leader at the AAA’s
Auditing Section’s Doctoral Consortium in Savannah,
Georgia. She served as the Vice-Chair of the Auditing
Section’s Midyear Meeting that followed.
Also in January, Jackie presented her paper “Auditing
Estimates: A Task Analysis and Propositions for Improving
Auditor Performance,” co-authored with doctoral student
Emily Griffith and Kathryn Kadous (Emory University), at
Florida State University.
Stacie LaPlante presented “Does Tax Deferral Enhance Firm
Value?,” co-authored with Ben Ayers and Casey Schwab,
at the University of Arizona in October, the University of
Toronto in December, and the University of Tennessee in
January.
In November, Stacie discussed a paper on accelerated
depreciation take-up rates at the National Tax Association’s
annual meeting in New Orleans, Louisiana.
Jane Thayer’s paper “Do Financial Statement Users Judge
Relevance Based on Properties of Reliability?,” co-authored
with Lisa Koonce (University of Texas at Austin) and Kathryn
Kadous (Emory University) has been accepted for publication
by The Accounting Review.
Jeremy Griffin and Michael
Bamber Receive Awards at
AAA Mid-Year Meeting
(Pictured: (L-R) Jeremy Griffin and Michael Bamber)
Jeremy Griffin (Tull PhD, 2010; Assistant Professor at
Notre Dame) received the Outstanding Auditing Dissertation
Award presented by the Auditing Section of the American
Accounting Association for his dissertation “The Effects
of Uncertainty and Disclosure on Auditors’ Fair Value
Materiality Decisions.” Jeremy was presented the award at the
Auditing Section’s Mid-year meeting in Savannah in January.
Michael Bamber was Jeremy’s dissertation chair and received
an award for his outstanding service in this capacity.
Daniel Bennett Awarded
ICMA Bronze Medal
The Institute of Certified Management Accountants,
the certification division of the Institute of Management
Accountants, recently announced the leading performers on
its Certified Management Accountant Exam. Approximately
4,200 individuals worldwide took the two-part CMA exam
during the September/October 2011 testing period. The
ICMA Bronze Medal was awarded to Daniel Bennett (BBA
’07 & MAcc ‘08) for achieving the third-highest exam score. Daniel is employed with Home Depot in Atlanta. In June
of last year, Daniel married Jessica Doles (BBA ’08 & MAcc
‘09). Jessica is employed with Wood Partners.
Tull’s Laura Clark Named
Advisor of the Year
Laura Clark has been named 2011 Terry College of Business
Academic Advisor of the Year. Dean Sumichrast will present
the award on Terry Honors Day in April.
Honor Roll
continued from page 7
Stephen J. Schlesser
Eric T. Sconyers
Henry Scrudder and
Susan Scrudder
Jeffery J. Seay and
Rebecca K. Seay
John Edward Seymour and
Jill Seymour
Keith M. Slagle and
Candace Ashley Slagle
Bob Sluss
Chantelle C. Smith
Nicholas Alexander Smith
Kari A. Stark
Randolph A. Starnes and
Mary-Evelyn N. Starnes
Bradley David Stephens and
Laura Elizabeth Stephens
Thomas P. Sterne and
Kathleen H. Sterne
Bryan Andrew Stillwagon
and Courtney R. Stillwagon
Michael Travis Storin and
Saba N. Storin
Clinton Emory Thompson
and Mary Anne Thompson
Douglas Drewry Thornton
and Elizabeth Paulk Thornton
Ilan A. Tobin
Jerry E. Trapnell and
Sally D. Trapnell
Carly A. Tritt
Christopher Jay Wesley
Turner and
Elizabeth H. Turner
Amrita M. Veliyath
Melissa K. Walters
Alexia Courtney Ward
Richard D. Ward
Mindy Wheelock
Casper Eldredge Wiggins Jr.
and Connie S. Wiggins
Mark Edmond Young and
Diane M. Young
$99 and Under
Mr. and Mrs. James F.
Becker and Family
Nancy Hall Brunner and
Michael John Brunner
Anthony G. Chalker
Theodore E. Christensen
J. Ken Collins and
Lucy Collins
James T. Cook and
Elaine D. Cook
Brittany J. DeHaven
Paul Joseph Dubsky and
Elizabeth A. VerEecke
Dubsky
Allison Roberson Dyer
Sirmantha Celesta Ellison
Robert W. Filiberto
Lindsey M. Gough
Michele Cox Henderson and
Steve K. Henderson
Joshua C. Holley
Leslie Brooke Holley and
Adam Polakov
Robert Lee Howren and
Gina H. Howren
Susan Hermanson Ivancevich
Deborah May Johnston and
James R. Johnston
William F. Kauder Jr. and
Doris D. Kauder
Amirouche Kherbouche
Gregory D. Kirby and
Mary Katherine Kirby
William Robert Kuhn Jr.
and Marian C. Kuhn
Claire G. Lipson and
Stephen Joe Lipson
Homer Terrell McMichael Jr.
and Jaime Lane McMichael
Travis Christopher Miller
and Katherine S. Miller
Robert Cameron Murray
Keith M. Oelke and
Lisa K. Oelke
Roger T. Palmer
Thomas C. Presley and
Lindley Nicole Presley
Chase R. Quinn
Bruce A. Quinnell and
Lynn M. Quinnell
Douglas Kenneth Schneider
Brittany V. Scrudder
Marc F. Smith
Benjamin Sims Stein and
Nadine Stein
Taran Stringer
Mackenzie A. Walker
Elizabeth Mayo Watts and
Dennis A. Watts
Mitchell Welch and
Mary Helen Welch
Matthew M. Wieland
Ricardo A. Zertuche
TULL update
9
CAMPAIGNforTERRY
Tull School
Advisory Board
Mr. John A. Davis
Member, Dixon Hughes Goodman
Yes, I will support the Tull School of Accounting Excellence Fund at the
University of Georgia. Please accept my annual fund gift of $___________
to benefit the Tull School of Accounting Excellence Fund.*
Please indicate whether your company will match this gift:
no
I would like information on making a gift via marketable securities:
yes
Mr. William W. Douglas, III
CFO, Coca-Cola Enterprises Inc.
no
Mr. Will Herman
Partner, Deloitte & Touche
Donor’s Signature
Mr. Kenneth G. Jackson
CFO, Shaw Industries
Donor’s Name (please print)
Mr. Timothy A. Keadle
Partner, Porter Keadle Moore
Address
Mr. Tim Kemper
Principal, Reznick Group
City State Zip
Mr. William C. Lankford Jr.
Partner, Moore Stephens Tiller
Please make all checks payable to the UGA Foundation c/o the Tull School
Mr. Rand M. Meyer
Partner, KPMG
Return to:
Penny Morrison-Ross, Office of Development
Terry College of Business, The University of Georgia
Brooks Hall, Athens, GA 30602
Phone: (706) 583-0874
Fax: (706) 583-0730
Mr. B. Keith Ruth
Partner, PricewaterhouseCoopers
at the University of Georgia Mr. John F. Schraudenbach
Partner, Ernst & Young
Mr. Charles W. Schulze
Partner, Elliott Davis
of Business publications identifying me as a donor. I would like my name to
Mr. Gerald A. Shirk
Chief Accounting Officer
Georgia-Pacific
I(
wish
do not wish) for my name to appear in UGA/Terry College
appear as:
(you may include your spouse for recognition purposes)
*All funds given to the Tull School of Accounting count towards the
Terry College of Business Dean’s Circle of Giving.
investing INleaders
10
yes
TULL update
Triple Threat
Most Tull students find the school’s accounting curriculum no small challenge and have their plates fairly full just
pursuing that single major. For many, the idea of a double
major sounds rather daunting. But Tull senior Meredith Lind
is obviously up to that challenge…and more. Meredith is a
triple major in accounting, finance, and psychology.
Lind didn’t originally intend to pursue three majors, or
even to earn an accounting degree, when she entered UGA.
She planned on double majoring in finance and pre-med. “I
had big plans to open my own dentist office,” she says, “until
summer of my sophomore year when, one day into a dental
internship, I quickly realized that I did not have the stomach
for the medical field. In fact, all things medical make me
want to faint.”
With all the science core curriculum she’d completed,
and a developing interest in behavioral economics, Meredith
continued with the finance major and replaced pre-med
with psychology. After taking Steve Baginski’s Intermediate
Accounting as a business elective, her interest was piqued
enough to add an accounting degree to her bucket list.
“I fully expect to utilize all three of my majors in the business world,” says Lind. “The combination of finance and
accounting has truly been invaluable to me, and has enabled
me to develop strong financial analysis and decision-making
skills. My psychology degree has provided me with insight
into human behavior and taught me how to communicate
effectively with a variety of personality types, manage conflict, and handle working relationships. My psychology studies have also taught me to consider the emotional aspects
of business decisions in addition to the financials. Through
these studies, I have gained a unique perspective on managing human capital.”
student spotlight
intern with Deloitte
within the Business
Valuation group.
“This internship utilized both
my finance and
accounting skills
and allowed me to
understand how
theoretical principles have real-world
application. I also
did some forensic
accounting work
on a potential fraud
case, which was
very interesting.”
Meredith will
graduate this
May and head to
New York City to intern with Morgan Stanley as a Financial
Summer Analyst. She will then begin full time with Deloitte
in Atlanta as a Business Valuation Associate. While working
at Deloitte, Meredith plans to continue her studies and earn
her Masters of Accountancy, and has made it one of her many
goals to pass all parts of the CPA exam within the next year.
Even with what would seem an overwhelming schedule
that shows little signs of slowing down even upon graduation,
Meredith makes time for hobbies including photography,
sports, and travel. “In fact, my graduation present is the trip I
am most looking forward to – the Winter Olympics in Sochi,
Russia with my mom. It’s not until 2014 but I’m already
The combination of finance and accounting has truly been invaluable to me,
and has enabled me to develop strong financial analysis and decision-making
skills. My psychology degree has provided me with insight into human behavior and taught me how to communicate effectively with a variety of personality types, manage conflict, and handle working relationships.
Meredith credits her ability to prioritize as key in managing what would seem to most an overwhelming course load.
“I have found that focusing on the most relevant tasks at
any given time allows me to achieve my best work without
becoming overly stressed or overwhelmed. In addition, while
I am extremely focused on my schoolwork and education, I
also realize the importance of getting out, meeting new people, and enjoying life. It also helps that I have a great support
network of friends and family.”
Last summer, Meredith was a Financial Advisory Services
planning it! I grew up playing soccer and I play on an intramural team whenever I get a chance. I mostly try to get out
and experience new things every chance I get.”
ONLINE?
terry.uga.edu/accounting
for the latest Tull School news and updates
TULL update
11
Non-Profit
US Postage
PAID
Athens, GA
Permit 165
J.M. Tull School of Accounting
Terry College of Business
Brooks Hall
Athens, Georgia 30602-6252
TULLupdate
Achieving excellence in accounting education
Robert T. Sumichrast, Dean
Ben Ayers, Director
Tull School of Accounting
Karen Czarick, Editor
Laura Clark, Co-Editor
J.M. Tull School of Accounting
Terry College of Business
The University of Georgia
Brooks Hall
Athens, Georgia
(706) 542-1616
terry.uga.edu/accounting
lclark@uga.edu
12
TULL update