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Professor Vivek Mande was selected for the 2005-2006 College of Business and Economics Outstanding Faculty Award. Professor Mande competed with faculty from all six departments in the College for this honor. The recipient is chosen by a committee of the Dean’s Executive Council, who sponsor the award, which is based mainly on innovative teaching as well as research and service to students. In addition to a plaque commemorating this honor, Professor Mande also received a cash award and the use of a Hyundai automobile for a year, compliments of Hyundai of America Corporation, located in Fountain Valley. Professor Mande teaches in the area of financial accounting at both the undergraduate and graduate levels and conducts research in financial accounting and auditing. He also has a special interest in emerging issues such as Sarbanes/Oxley 404 requirements and SFAS 123R provisions and models. Professor Mande is also the Director of the Center for Corporate Reporting and Governance. ACCOUNTING PROFESSOR RECEIVES CBE OUTSTANDING FACULTY AWARD A new member of the Accounting faculty, Professor Terry Grant, was awarded the 2005-2006 Moss Adams Research Fellow- ship. The Moss Adams alumni of CSUF and the Moss Adams Foundation, present a generous award each year to a junior member of the Department of Accounting who has achieved outstanding success in his or her research efforts over the past year. Dr. Grant was chosen for this honor because of the number and quality of publica- tions he completed last year. His research interests are in the area of financial reporting. DEPARTMENT OF ACCOUNTING Fall 2005 College of Business and Economics Department Events: • CSUF Concert Under The Stars—Sept. 16, 2005 • SEC Financial Reporting Conference sponsored by the Center for Corporate Reporting & Governance. Held at the Hyatt Regency Hotel in Irvine, CA. on September 19, 2005. • Meet the Firms — September 29, 2005 at the Atrium Hotel, Irvine, CA. • CSUF Fall Preview Day — October 15, 2005 Inside this issue: Greetings from the Chair 2 Center for Corporate Reporting & Governance 2 Accounting Advisory Association 2 Faculty Notes 3 Accounting Society 3 Beta Alpha Psi 3 Donor Constituents 4 Department of Accounting Mission: To offer high-quality accounting programs that meet the requirements of the accounting profession and are relevant to a diverse group of undergraduate and graduate students; to advance accounting education and knowledge through basic, applied and pedagogical research; and to promote valuable associations with business and professional communities. MOSS ADAMS 2005-2006 RESEARCH FELLOW is Professor Terry Grant. Page 2 DEPARTMENT OF ACCOUNTING Greetings from the Chair The Spectrum MBA managerial accounting class visited the Smurfit-Stone Company, an Irvine manufacturing firm, to see how the manufacturing function is carried out. Smurfit-Stone manufacturers boxes for major companies including Kimberly Clark. Pictured to the right are members of the class, listening to Christy Lindsey, one of the students who works in the accounting department for Smurfit-Stone and served as the hostess for the tour. After a discussion of the types of boxes and customers, the class went on a tour of the plant to gain an understanding of how costs are accumulated for a job-order cost system. After the tour, the students were honored by having the Controller, Cheryl Kennard, discuss with them various issues of accounting for manufacturing costs. It is always a pleasure to be able to tell you of the accomplishments and ambitions of the CSUF Department of Accounting. In June, we graduated 325 undergraduate and 25 graduate students. This Fall our enrollment is up substantially over Fall 2004, and we have added two new tenure-track faculty to our department. The enrollment in our program at the CSUF Irvine campus undergraduate program continues to grow, and we are offering more of our electives on that campus. Our graduate programs are experiencing strong growth, especially our Masters of Science in Taxation, both on the main campus and the Spectrum campus. New courses being proposed include a 15-unit class to be offered in the summer to non-business/non-accounting undergraduates so they are able to complete an accounting Master’s program more quickly and sit for the CPA exam. With the demand for our students at an all-time high, it is certainly a good time to be a member of the Department of Accounting at CSUF. Betty Chavis The Center for Corporate Reporting & Governance will be hosting its fifth semiannual conference on Monday, September 19, 2005. Keynote speakers at the “SEC Financial Reporting Conference” include Scott Taub, Deputy Chief Accountant at the Securities & Exchange Commission (SEC), Katherine Schipper, Member of the Financial Accounting Standards Board (FASB), and Greg Fletcher, Assistant Chief Auditor at the Public Company Accounting Oversight Board (PCAOB), who will be speaking about updates and current projects at their respective agencies. The day will conclude with a luncheon address by Marc Blythe, a partner with Ernst & Young, and a panel on the revised accounting rules regarding stock-based compensation. Panelists include Cindy Alexander, Assistant Chief Economist at the SEC, Jonathan Glover, Professor of Accounting at Carnegie Mellon University and former SEC Academic Fellow, and Seth Rosen, a principal-in-charge of KPMG’s compensation and benefits practice area. Following the conference, the CCRG will be hosting the Haskell & White Corporate Governance Seminar, in which academic researchers in accounting, economics and finance from universities across the country were able to present their research. Accounting professionals in attendance will be able to earn up to six CPE hours. The Center’s last conference, “Section 404 Compliance,” held on Friday, April 29, 2005 at the Irvine Marriott drew over 225 attendees. The SEC and PCAOB speakers spoke about internal control audit filings received so far under Section 404 of the Sarbanes-Oxley Act, and continued discussion at the regulatory agencies about how to offer guidance on meeting the new requirements. A panel of experts offered various perspectives on 404 and offered advice to smaller companies still working on their own compliance efforts. Further information about the CCRG, including videos from the April 2005 conference and PowerPoint slides from previous events, is available at our website: http:// business.fullerton.edu/centers/ccrg. You may also contact the Center’s director, Dr. Vivek Mande at (714) 278-7659 or by email at vmande@fullerton.edu. Accounting 511 Class Visits Smurfit-Stone Manufacturing Company. Page 3 COLLEGE OF BUSINESS AND ECONOMICS Accounting Society Fall 2005 — Officers Faculty Advisor—Kim Tarantino President—Anthony Chanez Executive VP—Kevin Graven Treasurer—Johnny Parresol VP of Membership—Matt DeMaio VP of Finance—Richard Irwin Corresponding Sec’y—Tracyrose Aguilando Recording Secretary—Hye-uk (Tia) Yoon Beta Alpha Psi is a national honors fraternity that encourages and recognizes scholastic and professional excellence in the field of accounting. BAP sponsors office tours and speaker meetings that allow students to gain valuable information about the accounting industry and the opportunities to network with business professionals. They also continually support the community through volunteer services, such as MS Society Bike Tour, Children’s Cleanup and Orange County (OC) Food Bank. Students participate in Mock Interviews with accounting professionals to prepare them for the on-campus recruiting that takes place in the Fall. Meet the Firms is a professional event that is similar to a job fair, with attendance from the Big 4, middle tier and local accounting firms. Beta Alpha Psi and the Accounting Society will be co-hosting the Awards Banquet, honoring students’ scholastic achievements in December, 2005. The Accounting Society at Cal State Fullerton has always been an outstanding business fraternity. It creates a unique environment for students to gain valuable knowledge about accounting professions. Members have opportunities to network with different firms in either social or formal events. The Accounting Society prides itself for being a tremendous resource for students to utilize. It assists them to pursue a successful career in the field of accounting. Mock Interviews and Meet the Firms, in conjunction with Beta Alpha Psi, are two major events that help students in the interview/ recruiting process. Those who are actively involved in the Accounting Society gain effective leadership skills that are critical to the success in the field of accounting. Beta Alpha Psi Delta Beta Chapter Fall 2005 — Officers Faculty Advisor—Mohsen Sharifi President—James K. Lin Executive VP—Karen L. Lin Treasurer—Jason Gage VP of Membership—Jun Shao Recording Secretary—Dao Chau VP of Correspondence— Nancy Cheng The Accounting Advisory Association (AAA) is focusing on reuniting with as many CSUF Accounting alumni as possible through annual events on campus. If you are an alumnus of the Department of Accounting at CSUF we would love to invite you to join one of our events for an opportunity to see some of your college friends and find out what is new and exciting at CSUF. On the fund-raising front we are gaining many new alumni showing interest in faculty research and student scholarships for Accounting. Our goal is to enhance the accounting program both academically and technologically with additional funds allowing the department to keep up with the other prestigious and accredited accounting programs throughout the country. The AAA officers this year are: Monica Rebella, President, Wayne Pinnell, Executive Vice President, Bradley Behrendt, VP of Finance, Alexander Kahn, VP of Membership, Jennifer Cavender and Denise Stillman, Co-Secretary. Please feel free to contact me if you have any questions or want more information regarding the AAA at monica.rebella@us.pwc.com. Monica Rebella We have two new faculty this Fall — Gerry Grant, who teaches Cost and Systems; and Terry Grant, who teaches financial — yes, same last name = husband and wife! Paul Foote returns from a year’s absence serving as associate dean for Chapman University. Mary Fleming enjoyed a trip to South Africa while she was on FERP. Robert McCabe retired after being a part of the Accounting faculty since 1990. He taught Auditing and Financial. Accounting Advisory Association Through the generosity of our alumni last year, the Department of Accounting continues to offer scholarships to our top students as well as provide resources to our honor students and faculty. Our plans for the use of the funds are quite modest. • Ten scholarships for the Department of Accounting Honors Program. • Student travel funds for the Beta Alpha Psi and a tax team to attend the Tax Challenge Program. • Faculty summer research fellowships. • Technology Project Room for honor/graduate accounting students equipped with electronic library resources and computers. • Funds for teaching fellowships to enhance the accounting programs. JOIN OUR GROWING LIST OF ‘SHAREHOLDERS!” Please consider another contribution this year or consider being a first time contributor — we need your help. Thank you. DEPARTMENT OF ACCOUNTING College of Business and Economics Department of Accounting P.O. Box 6848 - LH 630 Fullerton, CA 92834-6848 (714) 278-2225 We’re on the Web! http:// business.fullerton.edu/ accounting/ Department of Accounting “Shareholders” 2005 Special Recognition: $20,000 Moss Adams Faculty Research Fellowship Preferred Shareholders ($1,000 and above) Sally Anderson Corinne Baughman Bradley Behrendt Ernst & Young Foundation Financial Executives Institute—Orange County Michael Gillmore Michael Harrison Haskell & White, LLP Song K. Kim Greg Kling KPMG Foundation Moss Adams Foundation Mr. & Mrs. James R. Peters Philip Schimmel Chris Schmidt Jim Skorheim Scott Swearingen Common Shareholders— Class A ($500—$1,000) Kling & Pathak The Capital Group Companies Charitable Foundation in honor of Fabiola Torres-McDonald Brian Tunnelle Todd Nakamoto Common Shareholders— Class B ($100—$500) Steve Bowers Donald Bradshaw Marshal Brecht David E. Burt Tom Chadwell Betty Chavis Mr. & Mrs. Dennis Ciolli Michael & Mary Curtius Michael Downing Jeff Duncan Theodore Flati, Jr. Julie D. Gallant Mary A. Glenn Michael Haynes Mark L. Henigan Michael Hicken Mark & Helena Krikorian Scott W. Holt Brian Igawa Sherryl M. Keegan John Kelton Debrah F. Knight Kenneth W. Lahr Shana M. Lakso Richard Lockwood Donna Z. Lum Moss Adams LLP Julie A. Nakata Beverly Nihei Mr. & Mrs. John Ott Donald & Alaire Outlaw Glenn Riding RSM McGladrey & Pullen Christopher Reese David Ryssel Cary Treff Mr. & Mrs. Robert Vanasse Verne D. Wagner Warrant Holders (Under $100) Jeff Altshuler Mr. & Mrs. Jack Andersen Katherine Andersen Jason Avila Andrew Bautista Patsy K. Blount Robert Cameron Brian Colodny Peter DeGregori Michele Dougherty Jing Feng Miguel Figueroa Terri Grassi John Halim Patricia Handy Gerald B. Hoth Linda Hurley Upumoni Laolagi Andrew D. Luzi Julia Molina Hung My Nhieu Diane Randall Debra M. Reeves Stephen K. Schenck Michael Stauffer Trinh-Ai Tasedan John Tupy Ira & Claudine Unterman
