UW Foster Accounting 2011

PG.1University of Washington

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Fall 2011

Michael G. Foster school of Business, university of WashinGton

Accounting

PG.2 Michael G. Foster school of Business

UBCOWFoster school’s PAccAr hAll hosted the annual UBcoW (University of British columbia, oregon, and Washington) Accounting conference. our beautiful new building was the perfect backdrop for the weekend, as we combined the conference with a reunion of former PhD students and faculty from across the country. Attendees took tours of the new building, enjoyed visiting during breaks and meals, and participated in presentations of cutting-edge research by peers across the nation.

UBcoW has been the Northwest’s premier academic accounting conference for over 35 years. the con-ference brings together leading accounting researchers and faculty to discuss six manuscripts over two days. terry shevlin, Accounting Department chair, called the discussions “invigorating.” the combina-tion of the Accounting PhD alumni and former faculty reunion with the UBcoW conference highlighted

IndexuBcoW . . . . . . . . . . . . . . . . . . . . . . . . 2

chair’s report. . . . . . . . . . . . . . . . . . . 4

Zoe-vonna Palmrose . . . . . . . . . . . . . 5

Faculty updates . . . . . . . . . . . . . . . . . 6

student updates . . . . . . . . . . . . . . . . 8

alumni news . . . . . . . . . . . . . . . . . . 10

Beta alpha Psi . . . . . . . . . . . . . . . . . 12

research . . . . . . . . . . . . . . . . . . . . . . 14

PhD Program Placement . . . . . . . . . 14

Fritzky chair Guest speakers . . . . . 16

Financial reporting conference . . . 17

2010-11 accounting Department contributions . . . . . . . 18

PG.2 MichAel G. Foster school of BUsiNess

“i enjoyed the chance to go back to seattle and reconnect with uW people. i also appreciated the chance to show some

gratitude for what the uW has done for me over the years. the new building is great!” Dr. ilia Dichev, emory university

Former uW Professor Bill Felix, emeritus Professor Gary sundem and current lecturer Joe Paperman

Professors Dawn Matsumoto, D. shores and Jane Jollineau

emory Professor ilia Dichev (PhD ‘95) with Professor Dave Burgstahler


Papers presented at the 2011 UBCoW conference

•“how Do investors’ affective reactions to corporate social responsibility Performance influence their estimates of Fundamental value?” presented by Mark Peecher, university of illinois

•“the Deterrence effects of sec enforcement and class action litigation,” presented by shivaram rajgopal, emory university

•“evaluating Proposed remedies For credit rating agency Failures: improving independence and Justifying Departures From Quantitative credit rating Models,” pre-sented by lloyd tanlu, university of Washington

•“Where in the World are ‘Permanently reinvested’ Foreign earnings?” presented by linda Krull, university of oregon

•“hush Money: the impact of rank and File stock options on employee Whistle-Blowing,” presented by andrew call, university of Georgia

•“the effect of Managerial ‘style’ on the tone of earnings conference calls,” presented by Jenny li Zhang, university of British columbia

how Foster’s Accounting Department is such a positive research environment. “our PhD’s are scattered across the country and are incredibly productive in quality research and publication,” said shevlin. one PhD attendee, Michelle hanlon, Professor at Mit, commented on the opportunity to make connections with alumni from years besides her own — she appreciated how the common bond of graduating from Foster was greatly reinforced by the reunion aspect of the conference.

Foster PhD alumni shared memories of the program. ilia Dichev, Professor at emory University, remem-bers hard work on many levels — psychological as well as intellectual. he will never forget the support he received from the department when his young family found themselves in a tight spot financially. Zoe-Vonna Palmrose, Professor at UW Foster school of Business, appreciated the flexibility she found

“i enjoyed the entire conference. it was great to see the faculty, many of whom were there when i was a student. it was great to see the vast number of PhD students who graduated from uW between 1983-2010. it was also fun to be back on the uW campus!”

Dr. Michelle hanlon, Mit

(continued on page 4)

“the uW is truly a special place and we PhD alums owe a lot to it and its fabulous accounting faculty.”

Dr. urooj Khan, columbia university

Professor terry shevlin and Mit Professor Michelle hanlon (PhD ‘03)

Professor Bob Bowen and indiana university Professor Max hewitt (PhD ‘07)

columbia Professors trevor harris (PhD ‘83) and urooj Khan (PhD ‘09)


As We PUt toGether our annual newsletter, i am reminded of the quality of the Foster school — from the people that make up our community to the campus with our excellent physical facilities, Paccar hall at the center. i am amazed and pleased to present some of the accomplishments of our outstanding Accounting alumni, faculty and students.

We are proud to announce the return of a former PhD student, Zoe-Vonna Palmrose. she joins us as our newest Professor of Accounting. As you will read inside, she brings not only her skills as a long-serving tenured pro-fessor at Usc, but also her knowledge and facility with governmental regula-

tions as a public policy researcher and resource for governmental regulatory bodies in Washington, Dc.

other faculty news includes the promo-tion of Weili Ge to associate professor with tenure and the election of emer-itus Professor Gary sundem as President of the international Association for Accounting education and research.

We sponsored two significant confer-ences this year. our annual Financial reporting conference was well attended, and we hosted the UBcoW research conference here at Paccar hall. Visiting with former Foster Accounting PhD students at the UBcoW research conference was a highlight, and many of the attendees found the level of research in presented papers to be exceptional — making this conference extremely rigorous and useful for UBcoW members.

i have just completed my fifth year as chair of the Accounting Department. i wish to thank everyone for their time, effort and financial support, and i invite you to come and visit Paccar hall. As

further evidence of the outstanding support we receive from alumni and local business organizations i wish to thank clark Nuber in providing sponsor-ship of our Newsletter to help defray the costs of preparation and distribution.

if you have any comments on articles in this newsletter or any other comments about the Accounting Department please contact me at [email protected].

the Chair’s report terry shevlin

thank you to our supporters!

• ADF donations on the rise• Internships consistently offered

to our students• Alumni and professionals visit

classrooms, attend BAP, share experience and knowledge.

Professor Frank hodge with former uW Professor Jamie Pratt, indiana university

Former uW Professor shiva rajgopal, emory university, and university of texas-Dallas Professor todd Kravet (PhD ‘09)

in our PhD program. “i was able to minor in law and economics, when capital mar-kets research dominated most PhD programs. i also found that with Bill Felix and Jim Jiambalvo, the UW was one of the few universities with faculty interested in auditing research.” Memories and catching up with peers made this conference extraordinary. the opportunity to discuss intellectually stimulating work in a beautiful setting ensured that the conference will remain the top accounting conference in the area.

continued from page 3UBCOW

Foster School’s Accounting Department increased in US News school rankings over the past three years. Foster now ranks 6th among all public school accounting departments and 10th overall.

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in 2005, Zoe-vonna collaborated with former Microsoft cFo and nasdaq chair Mike Brown (Ba 1969) on “thog’s Guide to Quantum economics: 50,000 years of accounting Basics for the Future,” a work of “scientific fiction” that follows an immortal family of hunter-gatherer-bookkeepers through the ages as they invent arithmetic and writing, and sensibly adapt their recordkeeping to simplify the complexity of their increasingly modern economic lives.

Zoe-Vonna Palmrose – Professor of Accounting

But this is not Zoe-Vonna’s first experience at the Foster school. she is an alum, having graduated in 1982, earning her PhD with a dissertation on quality differentiated audits and the pricing of audit services. she left for california, working first at Berkeley before settling in for a long tenure at Usc. We welcome her home with great joy and respect.

Zoe-Vonna has always called the Pacific Northwest home. she hasn’t been yearning for the cool air and beautiful vistas of Puget sound all these years. she and her husband, John carson, made their home here and she commuted from Washington state to both california and Washington, Dc, for thirty years. “it was our way to manage a dual-career household,” she says. John, now retired, was a seattle Police Department lieutenant.

Zoe-Vonna has pronounced the Paccar Building both stunning and functional. she finds both the physical building and the spirit of the community exhilarating. “the students are so keen, so engaged and interested!” she says.

coming back has confirmed her connection and deep roots here. Welcome home, Dr. Palmrose!

Zoe-VoNNA PAlMrose BelieVes having a “true north” on one’s compass helps contribute to the public policy dialogue on accounting and auditing issues of the day. Foster Business school’s Accounting Department is honored to have this illustrious researcher and teacher join the faculty. Zoe-Vonna’s experience with the Washington, Dc, scene deepens the range and reach of our curriculum. her understanding of issues related to the quality of financial reporting and auditing expands the horizons for our students and fellow researchers. she comes to us highly decorated – she twice received the American Accounting Association’s Wildman Medal and was the AAA’s Presidential scholar in 2008, and she has been named one of the 100 most influential people in finance.

Zoe-Vonna’s work from 2006 to 2008 at the securities and exchange commission as Deputy chief Accountant for Professional Practice in the office of the chief Accountant involved helping lead and coordinate the commission’s oversight of the Public company Accounting oversight Board, which was created by the sarbanes oxley Act of 2002 to regulate public company audits. she and her staff also received the sec’s law and Policy Award for their efforts in helping rationalize the imple-mentation of soX section 404 for reporting on the effectiveness of internal control over financial reporting.

Zoe-Vonna joined the Accounting Department this fall, and is already deep into collaborative research projects related to audit quality with Jane Jollineau and Amanda Winn. she teaches financial statement analysis to graduate students (both MBA and MPAcc), focusing on increasing their critical thinking abilities in using and interpreting financial reports, including the usefulness and limitations of the GAAP financials and the sec-required disclosures.

Zoe-vonna and her husband, John, on their boat, thogey (named after the main character in her book)

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esMy favorite…TIME OF YEAR: summer in hawaii

MOVIES: The Shawshank Redemption, Sense and Sensibility

TV SHOWS: Modern Family, Friday Night Lights

BOOKS: Pride and Prejudice, The Miraculous Journey of Edward Tulane

FOOD: scallop and Pomelo salad at long’s Provincial

DESSERT: lavender cupcakes from cake envy in Greenlake

MORNING DRINK: tall, no-room, Americano

PLACE ON EARTH: A beach on o’ahu known to locals as sherwoods

QUOTE: “Where your treasure is, there your heart will be also” – Matthew 6:21

BRAND: “happiness in a Box” – Zappos

TREND: Urban gardening

EDUCATIONAL TREND: studying abroad

INNOVATION: Double-entry bookkeeping tiVo

PART OF MY JOB: Watching students transform into young professionals concocting killer exams

My least favorite…TIME OF YEAR: June in seattle

FOOD: cantaloupe

DESSERT: crème Brule

TREND: reality television

INNOVATION: Video games

The person…FAMILY: John, husband of 20+ years, and my two sons, Daniel (10) and Joseph (7)

EDUCATION: Undergraduate – University of hawaii Graduate – University of Washington

HEROES: those who exhibit grace in the midst of suffering

HOBBIES: Baking! And (because of the former hobby) jogging and swimming, but my main hobby is running my kids around to their various activities

RECENT TRAVEL: hiking trip in the Alps with my friend and colleague, Jane Jollineau

BEST KNOWN FOR: Matsumoto’s house of GAAP Planning parties

INFLUENTIAL PEOPLE IN MY LIFE: Bob Bowen – my dissertation chairman and the reason i was hired back at the UW My husband John – he’s the most optimistic person i know

AN OUT-OF-THE-BOX IDEA: Giving ten percent of your income to charity

A TIMELESS IDEA: treating others the way you would want them to treat your children (my version of the Golden rule)

AN INSIGHT: having more options only increases the chance you will regret the choice you make

What I’d like to…LEARN: how to grow vegetables

SEE: Machu Picchu

SEE MORE OF: My family in hawaii

Dawn and John with their sons Daniel and Joseph

Getting to Know Professor Dawn Matsumoto…


Pete Dukes, avid cyclist and husky fan

coNGrAtUlAtioNs Are DUe to Weili Ge on two fronts. After five years in the Foster school, she has been promoted to Associate Professor, and this summer she was promoted to parenthood with the arrival of baby Anya. Weili and her husband lixin lin are thrilled with both events.

Weili started at the Foster school as an assistant pro-fessor in 2006, after earning her PhD at the University of Michigan. her research focus is on earnings quality, internal control over financial reporting, and accounting fraud. Weili appreciates all the mentoring she received from other Foster accounting faculty. “this is a great department for new

iN sePteMBer, ProFessor Pete DUkes was appointed Faculty Athletics representative for the University, a half-time position reporting directly to UW President Young. Pete will look out for the welfare of our student athletes, making sure they are treated appropriately and have appropriate support for academic suc-cess. he will also verify the eligibility of student athletes, assist students with petitions for medical “redshirt” years, and ensure the University complies with NcAA regulations. the position includes representing Washington at the PAc-12 council, and drafting and voting on legislation of the NcAA.

Being close to athletics comes naturally to Pete. Pete coached girl’s basketball at roosevelt high and played basketball when he was in the Navy. At the UW, he served for six years on the President’s Advisory committee on intercollegiate Athletics. he was a faculty mentor for the Men’s Basketball team in the early 2000s, and has been a fan of UW sports since his arrival thirty years ago. he is a passionate cyclist and enjoys exploring the Pacific Northwest on lengthy riding trips.

Pete says he is enjoying his new assignment, although at the moment he is on the very steep part of the learning curve and feels like he is “drinking from a fire hose.”

Foster BUsiNess school eMeritUs ProFessor Gary sundem was recently elected President of the international Association for Accounting education and research (iAAer). he previously served on the iAAer executive committee and has been the iAAer representative to the international Accounting education standards Board (iAesB), a standard-setting body of the international Federation of Accountants (iFAc). in addition, he has been in charge of the iAesB academic research projects for the past four years.

Professor sundem will head an executive committee consisting of 20 accounting academics and professionals from 15 different countries.

Weili Ge Promoted

Dukes Is New Faculty Athletics Representative

International News: Sundem Elected President of IAAER

IAAER’s activities• SponsoroftheWorldCongressofAccounting

educators and researchers

• Co-sponsorofseveralannualglobalconferences

• Organizeroffacultyconsortiaindevelopingcountries

• Administratorofacademicresearchprogramsforprojects that have a direct impact on practice.

faculty. there is a lot of support through reading working papers and critiquing research development.”

since arriving at Foster, Weili has excelled both at teaching and at research. she was honored as “Undergraduate Accounting Faculty Member of the Year for 2011, while her co-authored paper, “Why do cFos Become involved in Material Accounting Manipulations?” won the Glen Mclaughlin Prize for research in Accounting ethics.

Acctg 440, a senior-level course focusing on financial state-ment analysis, is great fun for Weili to teach. students follow a single company throughout the quarter and finish by writing an analyst report on the company. the course is designed to cap their undergraduate degree and help students think critically and polish writing skills.

Weili is focusing on research this quarter and trying to get a full night of sleep. she returns to teaching Accounting 440 Winter Quarter.

Weili and lixin with their daughter anya


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esA teAM oF Foster AccoUNtiNG stUDeNts partici-pated in the national kPMG-sponsored Association of latino Professionals in Finance & Accounting (AlPFA) competition in california this August. the UW was one of only 28 schools invited to participate in kPMG’s presti-gious national competition.

the Foster team, Nicolas colmenero, sonia Gorski, chris Guimaraes, Abril lopez and Felicia Montoya, received a case study about McDonald’s corporation in January 2011. For six months, the students worked on an in-depth analysis of McDonald’s strategic risks, business processes, and accounting issues. they made recommen-dations to McDonald’s audit committee, and suggested ways the company could manage strategic risks.

case questions included complex probing on financial derivatives, hedging activities, share-based compensation as well as corporate governance. in August, the team traveled to the AlPFA convention at Disneyland and pre-sented their case findings to a panel of kPMG judges.

the AlPFA convention provided the students an opportu-nity to network with accounting professionals and attend Microsoft excel learning sessions. they also explored potential career paths at a national job fair.

iN the sPriNG, Boeing sponsors a yearly writing competition for students studying cost accounting. Unlike many competitions which stress presentation skills, this event focuses on writing. students were given a case on whether Boeing should develop their own metal or outsource the development. they were given cash flow analysis and variable cost information.

lecturer larry Ducharme did the initial grading and the top twelve papers were sent to Boeing executives for analysis.

First place winner, caitlin rindal, liked working on a real world example and appreciated the opportunity to practice her profes-sional research writing skills. Zac copeland and Bethany Friesen won second and third place in the competition.

Boeing Writing Competition Benefits Accounting Students!

UW Foster Students at KPMG ALPFA Competitionthe 2011 team had three mentors: UW faculty member Patricia Angell, kPMG audit manager Mark turley and senior associate christian ellis.

students reported great satisfaction with the overall experience, enjoying the challenge of the case and the collegiality of the competition in Florida.

nicolas colmenero, Felicia Montoya, abril lopez, sonia Gorski and chris Guimaraes

scholarship Winners: amy rufener, Monica ittes, eliza nesvog and aymeric Prieur

Boeing capital controller Kevin Murphy, caitlin rindal (First), Zac

copeland (second Place) and Bethany Friesen (third Place)

WSCPA Scholarship Winners


Pitichoke chulapamornsri, 2011 outstanding accounting Graduate award Winner

Foster tax competition Winners: lucie Goodwin, erika Marquez, eliza nesvog and Maria onojchenko

team lybrand Winners: Jonny lu, Daniel Beasley, caitlin snaring, Patrick Butler and nash springberry

the WiNNer oF the 2011 Most oUtstANDiNG Accounting Graduate is Pitichoke chulapamornsri, who graduated in June of 2011 and is currently employed in a major financial services firm.

originally from thailand, Pitichoke moved to the United states in his teens. he was an enthusiastic student at the Foster school, participating in leadership roles on the Undergraduate Business council, volunteer positions with the Undergraduate Program office and assisting with the organization of the Global Business case competition.

During his junior year, he studied abroad at Peking University, studying the chinese economy and chinese taxation. he also participated in the Princeton in Beijing intensive chinese language program in Beijing, china.

the Most outstanding Accounting Graduate award is based on leadership, strategic thinking, contribution to the community, grades and classroom performance. the accounting faculty reviewed the accomplishments of seven nominated students and chose Pitichoke based on his service to the school and his passion for excellence. his accomplishments at the Foster school include representing the school at multiple case competitions in seattle, Utah and Asia, tutoring fellow students in managerial and financial accounting, and graduating cum laude in Business Administration with con-centrations in both Accounting and Finance, and a certificate of international studies in Business (chinese track).

PriceWAterhoUsecooPers sPoNsoreD the eighth UW Foster xAct competition, offering an opportunity for students to work together in a competition. Upper level accounting majors mentored sophomores, and for the first time, freshmen, in this unique competition, which exposes students to the world of professional accounting.

Foster students formed 16 teams for the two-week competition. Pricewaterhousecoopers judges evaluated each team on their presentation, research, and response to a Q & A session. they were mentored by Pwc senior Associate eric liang. MPAcc tax graduate Michael Grohman, Pwc associate, coordinated the Foster xAct competition.

this year’s winning team was team lybrand, which included UW sophomores Jonny lu, caitlin snaring and Nash springberry, and juniors Patrick Butler and Daniel Beasley. the Foster team was selected as one of five finalists from 850 teams across the country and will travel to New York city in early 2012 for the finals!

kPMG sPoNsoreD Foster school’s MPAcc taxation Program’s annual competition, a case study designed to stimulate student interest in tax and tax law. Five Northwest schools came to Paccar hall to compete in the two-day event. students were given four hours to provide a solution to a comprehensive individual tax situation during the first round of the competition. three finalists were chosen from the written responses and invited to the finals on the following day. they were given additional facts and asked to present recommendations to their clients.

Foster school’s team won first place in the competition. congratulations to lucie Goodwin, erika Marquez, eliza Nesvog and Maria onojchenko, as well as to all the students who tried on the mantle of tax advisor for the first time.

Most Outstanding Accounting Graduate

Eighth PwC xACT Winners Off to NYC Finals!

MPAcc Annual Tax Competition


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DoN heisler, UW Foster school AlUM, is a partner with Deloitte & touche llP and leads its technology, Media and telecommunications industry practice in seattle. he also serves as the audit lead for the Pacific Northwest Venture capital practice and as the partner in charge of audit recruiting in seattle.

Don was born and raised in eastern Washington, and began his education at Walla Walla University, where his father was Dean of the school of engineering. he had always been independent minded, and came to Western Washington for an internship at a young, up and coming technology company — Microsoft. enjoying life in the big city, he enrolled in the University of Washington to complete his business degree.

“i was not admitted to the Business school on my first go around. it was the first door that had ever been shut on me,” he laughs. this pivotal moment taught him the value of persistence, aggressiveness, and diligence. once here, he explored his passion for accounting. coming from a small agriculturally-based community, he had no idea what a public company was, nor did he understand the purpose of the Big 6 in the marketplace. Foster school’s Beta Alpha Psi (BAP) allowed him to integrate into the professional world and helped him understand the relationship of accountants to large public companies.

Don Heisler, Deloitte Partner

he believes the Foster faculty have a deep passion for education and cutting-edge research that makes them skilled and keen educators. “My biggest misconception of the UW was that i would be in huge classes with pro-fessors who didn’t care about teaching or want to get to know me. i left feeling completely opposite of that.” Among the teachers he remembers, Jim Gillick and lloyd heath helped him discover the real substance behind the accounting profession, and Bill resler deepened his understanding of tax. “While Bill did his best to make tax exciting, auditing was in my blood.”

Don started at Deloitte & touche 18 years ago. Working at Deloitte has been an “amazing” experience. he feels strongly that the accounting profession is not only about personal success, but also about lifting others upward with your successes. he has found the collegiality and support extremely meaningful.

“The substance of Paccar Hall has really upped the game and mental confidence of the Foster School graduates.”Don heisler

Don and lorelei with their children

Deloitte has expanded his horizons in just about every way pos-sible. From opportunities to serve industry-leading world class companies, opportunities to travel for work to over 15 different countries, and most importantly the opportunity to meet his wife (who is a Deloitte alum), Deloitte has influenced just about every aspect of his life.

Don has not lost his enthusiasm for the Foster school, returning to campus to lecture in the MPAcc program and host the annual Deloitte Accounting case competition, among other activities. he finds it an honor to give back to the community of staff, faculty and students, calling the experience he has here “abso-lutely contagious.” the level of energy, enthusiasm and freshness among Foster students energizes him whether he is lecturing, recruiting, or participating in BAP activities.

he is a proud alum when he walks into the new Paccar hall. “the substance of Paccar hall has really upped the game and the mental confidence of the Foster school graduates, and i am immensely proud that Deloitte contributed to the new building.”

Don is a big supporter of the Accounting Development Fund (ADF). he is a member of the executive board and finds involve-ment through ADF helps him understand the measures by which the Foster school is evaluated against peer institutions, as well as the qualities the Foster school is looking for in candidates applying for enrollment. he enjoys ADF’s focus and support of faculty and believes that helping to attract and retain the com-mitted and engaged teachers and researchers is an extremely important commitment from ADF to the school.

Don’s greatest joy is watching his two children grow up. his wife, lorelei, is a Global client service Director with resources Global Professionals and has as successful and demanding a career as his. he calls it an “art form” to maintain a good work/life balance, and he has committed to be at the dinner table with his family most evenings. he is passionate about his family, and brings home the same commitment to support and excellence as he has given to his colleagues at Deloitte and the Foster school.


Robert W. AshThe Benaroya Capital Company

Ana BowmanCertified Public Accountant

Joe Brotherton The Brotherton Companies

David A. Brown Plum Creek Timber Co.

*Larry D. Calkins Holland America Line-Westours, Inc.

Roland (Pete) E. DukesUniversity of Washington

Luke FewellMicrosoft

Saul GatesCoinstar

*Gary P. Grimstad Moss Adams

*Donald HeislerDeloitte

**Kelly KellerPricewaterhouseCoopers

Karissa LackeyKPMG

David Lewis Novinium

Stephen E. Marsh Certified Public Accountant

Thomas E. Melang Melang, Hopps & Company

Gerhard G. MuellerUW Professor Emeritus

*Kevin J. Murphy Boeing Capital Corp.

Scott D. MurphyGoldfinch Bros., Inc.

*Charles PancerzewskiCertified Public Accountant

Brandon PedersenAlaska Air Group

Rodney A. PiersonPhysicians Insurance

Ronald G. Rauch Clark Nuber

Gary Rigsby Attachmate Corp.

*Lori RussellSweeney Conrad

Suzanne SchifflerMcGladrey

Dave SchillingMoss Adams

Steve SefcikUniversity of Washington

Kathy SmithErnst & Young

*Walter R. SmithBader Martin Ross & Smith

Trevor A. StuartIntellectual Ventures

Jeff WiseDeloitte

David YonceWCP Solutions

ACCOUNTING DEVELOPMENT FUND BOARD OF TRUSTEES

Paccar hall opened in august of 2010 — but that was not the end of our Foster school makeover. Balmer hall, the building housing the old classrooms, was razed last fall and a second building has begun to rise.

Foster School Building Project – Phase II

the new building will house needed classrooms on the first two floors, and administrative offices and a reception area on the two upper floors. according to accounting Professor Pete Dukes, who has shepherded both buildings as chair of the Foster school Building committee, lMn architects created a fantastic design. the new building will complement Paccar hall in materials, look, and feel. Pete is pleased with the efficiency and expertise sellen construction brought to the job.

the Phase ii project, as the new building is called, will be completed in april of 2012. it will house the Dean’s office, itt services, the undergraduate and Graduate Program offices, the MBa career center, and a new ernst & young undergraduate career center. on the top floor, anthony’s home Port executive Meeting room will be a high-capacity meeting and reception space.

* Executive Committee Members**Chair of the Executive Committee

Support Accounting!you can make a world of difference for the faculty & students in the Department of accounting by making a donation to the accounting Development Fund.

Just visit our accounting homepage and click on “support accounting.”

foster.washington.edu/accounting

thank you.


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sithis autumn meeting schedule includes speakers from accounting firms like McGladrey and BDo seidman llP, and corporations such as chevron. Professionals speak on topics like iFrs, ethics in accounting, and also inform the students using personal insights from their careers. BAP members also have a chance to ask questions and speak with the professionals after the meeting adjourns.

Annual Awards and Alumni Banquetthe UW BAP annual banquet was held at the seattle Design center this past May. there were over 200 faculty, students and professionals in attendance to celebrate the end of the academic year and commemorate outstanding individuals. An award was given in honor of Dean Jiambalvo — the recipient was the Accounting Department’s executive secretary, JoAnn kocha.

Be sure to save the date for next year’s banquet — it will be in May 2012 at the Burke Museum.

Beta Alpha Psi News

BaP president nathan Bannick with officers caitlin rindal and Joel carsleynew BaP faculty advisor Joe Paperman

reGional neWsthe entire leadership team of 52 students (incoming leaders as well as outgoing officers) attended regionals in oregon last spring, along with faculty advisor Deborah Medlar and incoming faculty advisor Joe Paperman. At the Deloitte Best Practices competition, students from the Delta chapter presented the new programs chapter leaders initiated during the year. the incoming leadership team also participated in team dynamics workshops and attended professional and alumni sessions on topics ranging from work-life bal-ance to careers in forensic accounting.

the 2012 regionals will be co-hosted by the Delta chapter and the new UW-Bothell chapter.

loCal neWsService Activitiesthe chapter continues to maintain a variety of diverse service projects, including VitA, Accounting tutoring for Foster undergrads, and assisting at the University District Food Bank, as well as the BeDc, ethics and integrity, and Junior Achievement programs.

this fall, Beta Alpha Psi members will be serving at events like the Northwest harvest’s Annual Food Auction, the Big Brothers Big sisters seahawks game, and the kZok radiothon.

Professional Activities the Delta chapter creates multiple networking opportunities through professional meetings, men-torship programs, “Meet the Firms” events and personal enrichment workshops for students to meet professionals.

Beta alPha Psi is an honorary organization for Financial information students and professionals. the primary objective of Beta alpha Psi is to encourage and give recogni-tion to scholastic and professional excellence in the business information field. this includes promoting the study and practice of accounting, finance and information systems; providing opportuni-ties for self-development, service and association among members and practicing professionals, and encouraging a sense of ethical, social, and public responsibility.

What is Beta Alpha Psi?


Did you know?The University of Washington’s BAP chapter was the

fourth in the nation, formed in 1921 with 12 student

members, and carries the fourth Greek letter as its name

— Delta chapter. In 2011, the Delta chapter had over 200

student members.

Deborah Medlar, former faculty advisor for the Delta chapter of Beta alpha Psi, was recently appointed chapter advocate for the northwest region of BaP.

Deborah has been involved with the Delta chapter at the university of Washington for the past five years. Deborah is a member of the Washington society of cPas and she is admitted to practice law in the state of Washington.

as chapter advocate(ca), she will attend and coor-dinate regional meetings as well as all Board and ca meetings. the regional ca offers assistance and encouragement to chapters as needed, nurtures Faculty advisors, and ensures the regional voice is heard.

congratulations, Deborah!

New Chapter Advocate

Ernst & Young Diversity Initiative Award

Delta chapter won one of ten awards given to schools with special programs on Diversity. the chapter con-tinues to support its program in which students serve as accounting consultants to minority-owned small businesses.

Outstanding Faculty Advisor

Delta chapter’s Faculty Director Deborah Medlar was named an outstanding Faculty advisor.

BAP Nationals – Project Run With It

this year at nationals in Denver, Brian nguyen, a member of the Delta chapter, was part of the team that won the ‘Project run With it’ competition. he won a cash award that will go toward future service events within the BaP Delta chapter.

National Awards

Foster Alum Wins AICPA Award!

Foster grad, Maria Goto, won the aicPa 2009 elijah Watt sells award presented to the top national cPa exam candidates for the best scores on the exam that year. the awards are presented annually to candidates who have earned the ten highest cumulative scores. she is currently earning her MBa at the university of hawaii at Manoa. congratulations for this extraordinary achievement, Maria!

Top Washington CPA Exam Winners!x

Four Foster accounting students were among the top ten performers in Washington state on the 2010 cPa exam. congratulations to shelby yarnell and Michael Dean (pictured) as well as Bobby stoumbos and scott Feldman. We still await the announcement of the aicPa national awards as we go to press. congratulations for making us proud!

CPA Exam Superstars!


BoB BoWen“Financial Whistle Blowing: target Firm characteristics and economic consequences,” with Andy call and shiva ragjopal, The Accounting Review, 2010.

DAVID BURGSTAHLERIntroduction to Management Accounting, 15th ed., with charles horngren, Gary sundem, William stratton, and Jeff schatzberg, Prentice hall, 2010.

Weili Ge“Do cFos have style? An empirical investigation of the effect of individual cFos on Financial reporting Practices,” with Dawn Matsumoto and li Zhang, Contemporary Accounting Research, 2011.

“Why do cFos Become involved in Material Accounting Manipulations?” with Mei Feng, shuqing luo and terry shevlin, Journal of Accounting and Economics, 2011.

“Predicting Material Accounting Misstatements,” with Patricia Dechow, chad larson, and richard sloan, Contemporary Accounting Research, 2011.

“Understanding earnings Quality: A review of the Proxies, their Determinants and their consequences,” with Patricia Dechow and catherine schrand, Journal of Accounting and Economics, 2010.

FRANK HODGE“Using online Video to Announce a restatement: influences on investment Decisions and the Mediating role of trust,” with Brooke elliott and lisa sedor, The Accounting Review, forthcoming.

Accounting Department Publications: 2010-11 (Those listed as forthcoming were all accepted in 2011)

“the effects of Financial statement information Proximity and Feedback on cash Flow Forecasts,” with Pat hopkins and David Wood, Contemporary Accounting Research, 2010.

“Does the location and organization of Disaggregated information improve Financial statement transparency?” with rob Bloomfield, Pat hopkins and kristi rennekamp, accepted for presentation at the 2011 Contemporary Accounting Research conference.

Jane JollineaU“subordinates as the First line of Defense against Biased Financial reporting,” with tom Vance and Alan Webb, conditionally accepted at Journal of Management Accounting Research.

DAWN MATSUMOTO“is silence Golden? An empirical Analysis of Firms that stop Giving Quarterly earnings Guidance in the post reg-FD period” with shuping chen and shiva rajgopal, Journal of Accounting and Economics, 2010.

“Do cFos have style? An empirical investigation of the effect of individual cFos on Financial reporting Practices,” with Weili Ge and li Zhang, Contemporary Accounting Research, 2011.

“What Makes conference calls Useful? the information content of Managers’ Presentations and Analysts’ Discussion sessions,” with Maarten Pronk and erik roelofsen, The Accounting Review, 2011.

ZOE-VONNA PALMROSE“ceo involvement in selecting Board Members, Audit committee effectiveness, and restatements,” with Joe carcello, terry Neal, and susan scholz, Contemporary Accounting Research, 2011.

rese

arch

Accounting PhD Program Placement

2011Brad Blaylock, oklahoma state Universityalex edwards, University of torontoallison Koester, Georgetown University

2010liz chuk, University of southern californiavalerie li, University of

Washington-Bothell

2009urooj Khan, columbia University,l. Jenny 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

2005stacie Kelley laplante, University of Georgia

the AccoUNtiNG DoctorAl ProGrAM admits 2-4 students from more than 100 applicants per year. listed below are recent graduates with placement information. Nearly all have published papers with faculty in the top accounting journals.

university of southern california Professor liz chuk (PhD ‘10) and columbia Professor urooj Khan (PhD ‘09)


yen hee tong, Nanyang technological University, singapore

2004Koji Kojima, kwansei Gakuin University, Japan

2003W. Brooke elliot, University of illinois-champaignMichelle hanlon, Mit Winner 2004 AtA Dissertation Award Winner 2004 Financial reporting section Dissertation Awardtina Zamora, seattle University

steve riCeTax Accounting, Matthew Bender, 2011.

terry shevlin“tax Avoidance, large Positive temporary Book-tax Differences, and earnings Persistence,” with Brad Blaylock and ryan Wilson, The Accounting Review, forthcoming.

“the Value of a Flow-through entity in an integrated corporate tax system,” with Alex edwards, Journal of Financial Economics, forthcoming.

“Domestic income shifting by chinese listed Firms,” with tanya tang and ryan Wilson, Journal of the American Taxation Association, forthcoming.

“real effects of Accounting rules: evidence Form Multinational Firms’ investment and Profit repatriation Decisions,” with John Graham and Michelle hanlon, Journal of Accounting Research, 2011.

“Why do cFos Become involved in Material Accounting Manipulations?” with Mei Feng, Weili Ge and shuqing luo. Journal of Accounting and Economics, 2011.

“Barriers to Mobility: the lockout effect of Us taxation of Worldwide corporate Profits,” with John Graham and Michelle hanlon, National Tax Journal, 2010.

“Accounting restatements and information risk,” with todd kravet, Review of Accounting Studies, 2010.

“examining investor reaction to irs Announcement 2010-09,” with Alex edwards and Allison koester. Tax Notes, 2010.

“Are Family Firms More tax Aggressive than Non-Family Firms?” with shuping chen, Xia chen and Qiang cheng, Journal of Financial Economics, 2010.

MARK SOLIMAN“Non-GAAP earnings and Board independence,” with richard Frankel and sarah McVay, Review of Accounting Studies, 2011.

“Going, Going, Gone? the Demise of the Accruals Anomaly,” with John hand and Jeremiah Green, Management Science, 2011.

GARY SUNDEM“integrity in Financial reporting: Why and how”, in Business and Financial Crises: Some Urgent Priorities for Accounting and Accountants, Daniel Zeghal, ed. (cGA Accounting research center, University of ottawa), 2010.

Introduction to Management Accounting, 15th ed., with charles horngren, William stratton, Dave Burgstahler, and Jeff schatzberg, Prentice hall, 2010.

Introduction to Financial Accounting, 10th ed., with charles horngren, John elliott, and Donna Philbrick, Prentice hall, 2010.

LLOYD TANLU“conflict of interest and the intrusion of Bias,” with Don Moore and Max Bazerman, Judgment and Decision Making, 2010.

JAKE THORNOCK“the information content of Annual earnings Announcements and Mandatory adoption of iFrs,” with Wayne landsman and ed Maydew, Journal of Accounting and Economics, forthcoming.

thank youto clark nuber for

sponsoring this edition

of the newsletter

university of Georgia Professor stacie Kelley laplante (PhD ‘05), loyola Marymount Professor laurel Franzen (PhD ‘00) and university of oregon Professor angie Davis (PhD ‘01)


the cUrreNt holDers of the Fritzky chair of leadership, Paula and stephen reynolds, brought two high profile speakers to the Accounting Department this fall.

tim ryan, Pricewaterhousecooper’s United states Assurance leader and Vice President, arrived in early November to talk and visit with students and faculty of the Accounting Department. Undergraduate students in intermediate Accounting classes participated in his presentation on recent developments on the liability side of the balance sheet. the presentation was timely, considering how global current events are currently centered on long-term debt issues. his focus on the responsi-bilities of auditors sharpened student understanding of the role of an auditor in today’s financial markets. he is fond of saying “it’s the auditor’s job to call balls and strikes.” students and faculty were fascinated by anecdotes he shared from his years of experience auditing some of the world’s largest corporations, including the time he had to issue a material weakness on AiG.

in the afternoon, ryan discussed career issues with students in the MPAcc Auditing and Assurance Program. these students, seven months away from full-time work in the accounting world, were treated to an insider’s view of a successful career path. they unanimously found the conversation to be meaningful and insightful.

the Fritzky guest brought to campus a few days later was henry keizer, VP of kPMG. he spoke to students and faculty

about the changes in the accounting profession and the role of an auditor in today’s business environment. keizer told students to always look beyond what facts clients give them, evaluating how those things relate to other information in the environment. even with current regulatory pressure, there will be business failures among the successes, so maintaining pro-fessional integrity is critical. “Guard your integrity with your life,” he said.

the biggest change he has seen during his 34 years is the advent of post-enron regulations and the Public company Accounting oversight Board. he indicated that, as with all change, opportunity emerges. the role of an auditor transforms as the information demanded by the investing community changes.

the Accounting Department has been enriched with the visit of such compel-ling speakers. students and faculty were extremely grateful to the reynolds for bringing these two visitors to campus.

Fritzky Chair Guest Speakers, Fall 2011

Fritzky Chair in Leadership, 2011-2012stephen and Paula reynolds bring a wealth of business experience and connections to the Foster school. Paula is on several large corporate boards, headed the restructuring of AiG and was the former President and ceo of safeco. stephen is the former President, ceo and chairman of Puget sound energy. currently they head the business advisory group, Prefer West llc.

KPMG vP henry Keizer speaking with faculty Fritzky chair Paula reynolds, Pwc vP tim ryan and accounting Department chair terry shevlin

JAMES “JIM” JIAMBALVO

DeanKirby L. Cramer Chair in Business Administration

PhD, The Ohio State University

Foster: Since 1978

HIGHLIGHTS

Led a capital campaign raising more than $181 million,

resulting in new facilities and doubling faculty

endowments and student scholarships

Notable Contribution to Auditing Literature Award

from the American Accounting Association (2006)

Served as Associate Editor of The Accounting Review,

and on the editorial boards of Contemporary

Accounting Research and the Journal of Management

Accounting Research

Author of Managerial Accounting (Third Edition)

DID YOU KNOW?

Jim plays a mean blues guitar.

foster.washington.edu

JAMES JIAMBALVO

2008-09

THE SKIP

PER


the 7th ANNUAl FiNANciAl rePortiNG coNFereNce was held May 13, 2011 at the Bell harbor international conference center on the seattle waterfront. the Foster school of Business and the Milgard school of Business jointly organize the confer-ence to provide a forum for the Pacific Northwest business community to interact with standard setters and regulators and hear the opinions of experts on current topics in accounting.

Approximately 300 individuals attended this year’s conference and earned cPe credit for the all-day event.

in the morning, Financial Accounting standards Board (FAsB) member tom linsmeier discussed current topics under FAsB consideration. he discussed pressures to complete convergence and joint projects with iAsB including revenue recognition, leases and treatment of financial instruments. he was followed by a presentation by the securities exchange commission (sec) chief Accountant James kroeker who shared with the attendees the topics currently on the sec’s agenda.

the lunch keynote speaker, Jeffrey s. lyon, chairman and ceo of kidder Matthews, described the status and future outlook for commercial leasing in the Pacific Northwest and how it impacts the regions’ economy.

in the first afternoon session, Foster Accounting Professor Jane kennedy moderated a panel titled “lease Accounting changes-Mountain or Molehill?“ Panel members included Michael Zanoni, corporate controller, Amazon; kevin Murphy, controller, Boeing capital; and Jim howell, VP of Finance & chief Accounting officer, Nordstrom. this topic is timely because a new leasing

standard is on the horizon that would essentially eliminate the concepts of operating and capital leases. companies would be required to capitalize their future lease payments. the proposed new standards may require significant estimates for contingent payments among other things.

the second afternoon session was a lively panel discussion on disclosure overload, “Disclosure: is More Always Better?” the session was motivated by a growing frustration of all financial reporting stakeholders, including investors, that there is too much disclosure and that disclosures have become too complex and not informative. Foster Accounting Professor Zoe-Vonna Palmrose moderated the session with John lacey, Professor and ernst & Young research Fellow, california state University, long Beach; Brandon Pedersen, VP & cFo, Alaska Air Group; and Matt Dmytryszyn, research Analyst, lasalle capital Management. the panelists discussed the growth in required GAAP and MD&A disclosures over the last few decades and provided their insights and perspectives on what’s useful and what’s not.

We would like to thank our keynote sponsor, Microsoft and our Major sponsors, clark Nuber, columbia Bank, DaVita, kPMG, Port of tacoma, Pwc, Propel insurance, resources Global Professionals, and russell investments for their generous support of the 2011 Financial reporting conference.

Seventh Annual Financial Reporting Conference

conference participants amazon corporate controller Michael Zanoni speaking on lease accounting Panel

The 8th annual Financial Reporting Conference is scheduled for Friday, May 11, 2012 in Seattle. Mark your calendars. Please check our website for further information as the date approaches: foster.washington.edu/accounting

accounting Department chair terry shevlin, sec chief accountant James Kroeker and Professor Zoe-vonna Palmrose

Fritzky chair Paula reynolds, Pwc vP tim ryan and accounting Department chair terry shevlin


than

k yo

u!

FY11 donorS organIzaTIonS $1,000 - $1,999Deloitte services

Delta chapter Beta Alpha Psi

Glaser Foundation, inc.

rigos Prof. education Programs ltd.

state of Washington

sweeney conrad, Ps

United Way of king county

Vanguard charitable endowment Prog.

$500 - $999Attachmate corporation

Ge Foundation

$100 - $499Flow international corporation

Frank J. kuntz, cPA, Ps

Bill & Melinda Gates Foundation

Porter & company, Ps

roman l. Weil Associates

saltchuk resources, inc.

shell oil company Foundation

the Attorney-cPA tax clinic

Union Pacific corporation

oTher gIFTSMellon Bank corporation

FY11 donorS IndIvIdualS $1,000 - $1,999richard Askew

Gregg (‘76) and Jane Blodgett

craig (‘00, ‘01) Brimmer and ellen (‘01) sims

craig (‘80) and susan (‘81) Bruya

Andrew (‘94) cates

Daniel cheyney

Michael (‘96, ‘97) chinn

Aaron (‘96) Faulk

William (‘66) and helen (‘00) Fowler

Dan Gaffney

rob Grannum

Michele (‘83) and trevor (‘83) harris

Max (‘07) hewitt

leon (‘50) and ruby (‘50) holman

renuka kathpal

Beverly (‘73) and charles (‘74) keeslar

taft kortus

Jane (‘78) and Peter lamb

David (‘77) and Dana lewis

kurt lippman

James (‘95) Madias

stephen (‘77) and Ann (‘79) Marsh

Dawn (‘98) and John Matsumoto

Jeffrey (‘73, ‘76) and ethel (‘74) Maxwell

thomas (‘61, ‘71) and Brenda (‘61) Melang

rodney (‘70, ‘72) and Nancy Pierson

Mark reis

James (‘65) and Doreen rigos

John (‘48, ‘08) and ruth sato

kenneth (‘81,’84, ‘86) and suzanne (‘82) schiffler

terry and susan shevlin

isabella (‘80) and louis (‘79) snyder

cathy sorensen

Mary (‘95, ‘96) tang

sid tobiason

randy and Aleta Wells

Bart (‘73) and cynthia (‘73) Wilson

lorin (‘40) Wilson

$500 - $999Jeffrey (‘81) and Mabel Bialik

robert (‘85) and elizabeth Block

Frederick (‘72) choi

Janice (‘68) and Dennis (‘68) conrad

Donald corbett

luke (‘97) Fewel

Mark Fitzpatrick

David Follett

rodney (‘84) Fujita

Brian (‘83), (‘94) and Maureen Guenther

Michael hall

Frank and Abigail hodge

karen (‘84) ikeda

Amy (‘93) Jackson

Joann (‘05) Jen

linda kress

lixin (‘07) lin and Weili Ge

h. (‘78) lowber

Martin (‘67, ‘70) and Andrea (‘70) lybecker

Andrea Monroe

Jeffrey (‘04, ‘05) Mustonen

Brandon (‘01) and serena Nett

Dianne Nicholson

richard (‘69, ‘70) and Dorothy Pacholski

Bruce (‘85) and cynthia Parks

John (‘77) and Dorcy seethoff

kurt (‘96) and kylee (‘97) shintaffer

Mark and lois soliman

Joan (‘86) and scott st. Marie

Allan steinman and Diane sigel-steinman

David (‘78) and Joy stiefel

Peter (‘86) stirling

chris (‘80) and colleen strand

Jeffrey (‘85) stuart

Norman (‘76) and M. swick

lloyd tanlu

terry (‘78) and Virginia tranter

edward (‘87) Vanderwel

Walter (‘73) and kelly (‘74, ‘77) Wallace

Jeffrey (‘00, ‘01) and Jodie Wise

thomas and Purita Yamakawa

2010-11 Accounting Department ContributionslisteD oN the FolloWiNG PAGes are those individuals, corporations, and foundations whose gifts were received by the Accounting Department in Fiscal Year 2011 (July 1, 2010 through June 30, 2011). We sincerely apologize for misspell-ings 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.

FY11 donorS organIzaTIonS $25,000 or MoreMoss Adams

Pricewaterhousecoopers

$10,000 - $24,999chevron corporation

ishiyama Foundation

kPMG

Microsoft corporation

$5,000 - $9,999clark Nuber, Ps

Deloitte & touche Foundation

Fidelity investments charitable Gift Fund

resources Global Professionals

$2,000 - $4,999Accenture Foundation

Amgen

Amgen Foundation, inc.

Bader Martin, Ps

the Boeing company

ernst & Young

Grant thornton Foundation

Mirikitani Foundation

the Ash Family Foundation

the h & r Block Foundation

schwab Fund for charitable Giving

the seattle Foundation

FY11 donorS IndIvIdualS $10,000 - $24,999Aurora (‘93) and Brian (‘94,

‘04) Nugent

Gary and elizabeth sundem

$5,000 - $9,999robert and clodagh Ash

Donald (‘58) De Mers

richard (‘74) and Jeannie Greaves

Gary (‘75) and Marcia (‘77) Grimstad

Anne (‘85) McGonigle and Gregory Witter

laurie (‘75) and John (‘76) tangney

David (‘82) and Michelle Yonce

$2,000 - $4,999Marybeth (‘59, ‘72) Austin

christie and Bryan Bakker

robert (‘82) and kelly Best

kristianne (‘75) and John Blake

robert Bowen and Jane kennedy

David (‘76, ‘83) and leslie Brown

Jeffrey (‘95) Brown

Gerald (‘64) and susan christensen

lenore and shane Drollinger

Dorothy eggan

hugh (‘56) eggan

elaine ervin

Alexis Fowler

Darin Goehner

Gerald (‘47) Gorans

Glenn (‘78, ‘80) and renee Graham

Mark (‘81) hall and Patricia (‘80, ‘99) Angell

louise hanson

leigh (‘80) and James (‘80) hill

christopher (‘92, ‘93) hugo and Julie (‘92, ‘93) Blum

cathleen (‘79) and kevin hylton

carleen (‘90, ‘98) Janson snyder

Judith (‘63, ‘66) and Wilbur (‘62, ‘68) Jurden

kelly keller and troy tidwell

Douglas (‘68) and Willeen (‘68) klan

Matt and shirley kosmicki

Glenn (‘49) light

ronald (‘57) and shirley luhman

Anthony (‘76) and Janice Maki

clifford Mirikitani

Gerhard and coralie Mueller

kevin (‘78 ‘97) Murphy and karen Freeman

eric (‘88) Nicholson

charles (‘61) and Gayle Pancerzewski

Diana (‘96) Peterson and Joseph (‘89,’92, ‘97) limacher

ronald (‘77) and Jacquelyn rauch

Gary (‘89) rigsby

lori (‘82) and Michael russell

tom (‘94) sanger

David (‘90) schilling

laurel (‘80) and Peter (‘84) shimer

Walter (‘70) and Andrea (‘72, ‘09) smith

trevor (‘89) and Martsi (‘90) stuart

Bradley (‘97) and Danielle tilden

laurie (‘82) and Mickey tish

tamara (‘90, ‘91) and Glenn Wattum

robert (‘58) and Judith Wilson


$100 - $499Maryanne (‘81) and Monti (‘81) Ackerman

Walter (‘71) Alexander

leonard (‘74) and Penny Almo

russell (‘63) and Jean Amick

erick (‘05, ‘06) Anderson

Mark (‘84) Anderson and Deborah smith

Brandon (‘08) Ardillo

Jonathan (‘92) and Dana Avedovech

louis (‘50) and leah Baroh

Brad Berg

David (‘82) Bergsvik

Jonathan (‘01, ‘08) and Denette (‘01, ‘02) Blustein

elizabeth (‘04, ‘06) Bolla

richard (‘50, ‘58, ‘63) Bradish

Jared (‘04, ‘05) Brigham

June (‘56, ‘83) Bright

Justin (‘01) and Marni (‘05) Broom

lynne (‘80, ‘82) Brown

Grace (‘02) Bunnya

William (‘67, ‘72) and Margaret Burg

Jeremy (‘00) Burroughs

ralph (‘57) Byron

katherine (‘96) campbell and Duane (‘98) helleloid

James (‘69) and lynn (‘71) carlsen

Mary (‘76, ‘09) carlson

carrie (‘86) and robert casanas

kathleen (‘95) clark Gatton

Daniel (‘91) and christan connors

Annette (‘78) and Gregory (‘78) cox

Joseph (‘07), (‘08) DeVleming

Mary (‘87) Dickinson

Fawzi (‘64, ‘68) Dimian

Julie (‘05, ‘06) Do

Phil (‘83) and Deb Dormaier

James Dubeck

larry (‘79, ‘89, ‘94) and Patricia Ducharme

steven (‘68) and sylvia (‘70) engel

Mark (‘78) and sally (‘81, ‘85) esser

Jeff Fay

thomas (‘74) and lisa Ferguson

kurt (‘83) and Jill (‘87) Frost

Betti (‘77) Fujikado

Glen (‘85) and kathleen Furuta

Jennifer (‘90) Galbreath

carolyn (‘90) and saul (‘91) Gates

Dean (‘88) and kelley (‘88) Gaylor

John (‘82) and hildagard Gess

Diane (‘89) and stephen Getsiv

stephen (‘97) Gillin

steven (‘87, ‘94) and tina Glover

Bonnie (‘69) Godfred

Preston (‘03, ‘04) Graham

harumi (‘79) and Douglas Guiberson

steven (‘81, ‘91, ‘92) and Amy Gustafson

Joseph (‘99, ‘00) haberzetle and katherine Gardner

kirstin (‘93) and kurt (‘88) havnaer

Wayne (‘74) hays

loyd heath

erica heinrich

Joanne (‘73) and Gerald herber

Arlen (‘82) horst and katherine (‘89, ‘06) Macdonald

lisa (‘97) horwich and Joseph Paperman

hunter (‘07) hughes

Matthew (‘04, ‘06) and lori hurl

Ward (‘93, ‘94) and B. Jones

Andrew (‘72, ‘76) Judd and Ann (‘99) crusius

Dan (‘72, ‘73) and Janice kawamoto

David (‘77) keefe

richard (‘02) kemmling

Allison (‘09, ‘11) and eric koester

keith (‘82) and Diane komoto

Frank (‘85) kuntz

theresa (‘84) and Aaron lafrombois

Frank (‘50) and Verlee larner

lai (‘80) lee and edgardo Gariando

richard (‘59) and hanna leMaster

ho (‘97) leung and kit so

ka (‘97, ‘98) leung

ross (‘00) linderman

Denise (‘86) and hung (‘86, ‘98) Mach

satoshi (‘90) Matsui

roAnne (‘86) Matsuura

Bruce (‘84) and D’Anne McFarlane

Gary (‘68, ‘78) McNeil

Deborah (‘78) Medlar and Quentin hoth

Gary (‘80) Meek

Frank (‘66) and Mary (‘65) Montgomery

Nadine (‘73) Morgan

Jeffrey (‘06, ‘08) Neste

karla (‘94) North

Nicolas (‘00) and April (‘00) Pacholski

Mustafa (‘91, ‘93) Patwa

Brandon (‘88) and Janet (‘88) Pedersen

Judith (‘76) Peterick

Gregory (‘73) and Zandra Peters

Jeffrey (‘01, ‘02) and elysa (‘03) Piha

William (‘68) and carla Porter

susan Queary

Brian (‘88) and lori reeder

Margaret (‘75) rieder

lawrence (‘59) ross

Diane (‘73, ‘75) rubin

carlen (‘00) ruelos

Andrea (‘07, ‘08) ruud

shahbaz (‘89) and shahla saudagaran

James (‘76) schneidmiller and Gina (‘80) Vangelos

George (‘68) scott

William (‘65) and linda scott

heather (‘95, ‘96) secrest

Wendy (‘88) and stephan sefcik

Michael senf

Alane (‘87) senyohl

Alena (‘04, ‘05) shafer

George (‘69) and susan shanafelt

Grant (‘10) shaver

D. shores

karen (‘79) smarr

Amy (‘02, ‘03) steele

Bradley (‘81) stern

John (‘82) and Monica (‘82) suryan

Norman (‘57) and Phyllis swenson

ruby and lance tatsuno

Wayne (‘57) tavis

Michael (‘88) and Gayle teramoto

Douglas thorn

Jacob thornock

Norma (‘83) tollman

Jeffrey (‘80) totusek

James (‘82) Wahlen

richard (‘78, ‘81, ‘83) and catherine (‘81) Wakefield

robert (‘62) and Betty Wales

chris Warner

William (‘89) and Jeanne Wells

Fred (‘73) and cristel (‘77) Wemer

Paula (‘78), (‘89) Wilson and Paul Baron

ryan (‘07) and Nicole Wilson

seena (‘05, ‘08) Wise

Ashley (‘09, ‘10) Woller

David (‘93) Wong

Deanna (‘88) Wong

Gerald (‘72) Wong

caprice (‘84) Wummer

kate (‘94) and Ming (‘96) Yan

camille (‘76) Yuan-soo hoo and thomas hoo

christopher (‘04) Zibert

oTher gIFTSshonoy (‘09) Agrawaal

Peggy (‘75) Andersen

Jessica (‘03, ‘04) Andrews

Andrew (‘00, ‘01) Baker

lisa (‘85) and kenneth (‘85, ‘88) Baronsky

Frank (‘79) and rosanna (‘81) Bellotti

Gary (‘92) and suzanne (‘92) Bergstrom

steve (‘80) and kathleen Bernhoft

Merrill (‘84) Biesada

ervin (‘95) Black

stephen (‘94) Boerstler

Paul (‘78) Brandon

shannon (‘05) Bray

loren (‘78) Burt

emily (‘07) chadwick

keqiang (‘09, ‘10) chen

teng-teng (‘07) cheong

Natalie (‘11) cholaj

Gerald (‘71, ‘74) chrobuck

thomas (‘93) colombo

Joseph (‘89) cooper

Warren (‘75) couture

carl (‘96) cox

Pamela (‘92) and roland cunningham

Paige (‘03) Dashiell

Pride (‘77) Davies

George (‘50) and Betty DeBon

roy (‘81) and Peggy Dillon

Michael (‘94) english

Jessica (‘04) erickson

John (‘89) Ferry and Mou Mallick-Ferry

randy (‘94) Fong

theodore (‘59, ‘61, ‘64) and helen (‘83) Fosberg

Marc (‘00, ‘01) Fung

Jared (‘05) Furutani

Jim (‘55) and elizabeth Galimanis

sarah (‘03, ‘04) Gangar

kevin (‘80) and cynthia (‘94) Garrison

Meri (‘85) Gilbert

Matthew (‘07, ‘11) Goodwin

Georgeta (‘06, ‘07) Gruescu

Jeffery (‘76) Guddat

clifford (‘80) and Janet hall

lee (‘79) hall

Glen (‘73) halverson

sydnie (‘03), (‘04) heberling

Virginia (‘55) hennes

christy (‘00, ‘01) horgan

Marissa (‘07, ‘08) ikuta

kristen (‘86) and William Jacobs

Barbara (‘87) Johnson

ransom (‘79) and Janalu Johnson

rebecca (‘88) and Bruce (‘88) Jones

Douglas (‘68) and Barbara kanaya

Donald (‘54) kane

Valerie (‘82) kendall

Allison (‘98) kollack

Vildana (‘08, ‘09) kunduklija

Anthony (‘74) and cecilia kwan

lisa (‘07) kwok

karissa (‘99) lackey

James (‘69) and Barbara (‘66, ‘80) larson

tracy lawson

Diane (‘07) lin

Michael liranzo

Jennifer (‘08) livesay

Anne (‘04) lund

Anthony (‘07, ‘08) Mai

timothy (‘85) and Julie (‘86) Mccann

colin (‘06, ‘07) Mckendry

Amir (‘87) and Deborah (‘87) Medawar

christina (‘95) Merritt

Darany (‘72) Mingmaninakin and Paul Palotas

liting (‘02, ‘03) Mitchell

Peter (‘69, ‘71) and Jo Moerbeek

James Monroe

Jeffrey and kari Mueller

connie (‘77) Munekiyo and Neal cohen

Jon (‘87) and corinna Munson

Nicholas (‘08) Nageli

Bruce (‘75, ‘76, ‘77) and Bea (‘74) Nahon

Barbara (‘80) Nason

cindy (‘85) Nelson

scott (‘07, ‘08) Neste

eliza (‘11) Nesvog

Mark (‘97) okinaka

Jill (‘95) orth

Aymeric (‘11) Prieur

carol-Jean (‘85) Puvogel

Jonathan (‘11) Qu

carolyn read

stephen (‘92) reddaway

Margo (‘87) reich

Amanda (‘06, ‘07) rich

edward (‘58) and carole rich

Gail (‘76, ‘86) round

kevin (‘98) and reenie rowe

stephen (‘75) and kim sakai

Jana (‘97) and trevor (‘97) schneider

Maximilian (‘05, ‘06) schroedl

Gary (‘78) schulze

Allyn (‘87, ‘93) and christine (‘87) seymour

Francine and kent shafer

erin (‘99) shen

christopher (‘67, ‘78) and karen sherfey

Diane (‘95) shey

sara (‘92, ‘97) stayte and David rosenberg

kendall (‘87) and carrie (‘90) stever

hiroshi (‘52) suzuki

Amy (‘97) thielman

kimberly (‘91) and Michael (‘93) thomson

Michael (‘09) Upton

Deborah (‘81) Ward

roman Weil

kristina (‘89, ‘95) Wetzel and Daren salstrom

cindy (‘84) Weyers

Bradley (‘08, ‘09) Williams

James (‘88) Wong

rae Woods

ProFessorsrobert Bowen

David Burgstahler

roland “Pete” Dukes

loyd heath (eMeritUs)

James Jiambalvo (DeAN)

Jane Jollineau

Gerhard Mueller (eMeritUs)

eric noreen (eMeritUs)

Zoe-vonna Palmrose

Kavasseri ramanathan (eMeritUs)

stephan sefcik (AssociAte DeAN)

terry shevlin*

Gary sundem (eMeritUs)

* Department chair

DePArtMeNt oF AccoUNtiNGBoX 353226seAttle, WA 98195

NoN-ProFit orG.

U.s. PostAGe

P A I D

seAttle, WA

PerMit No. 62

assoCiate ProFessorsWeili Ge

Frank hodge

Dawn Matsumoto

D. shores

Mark soliman

assistant ProFessorslloyd tanlu

Jacob thornock

senior leCtUrersJames Gillick

Deborah Medlar

William resler

steven rice

William Wells

leCtUrershelen adams

Patricia angell

larry Ducharme

Joe Paperman

Jane reich

elizabeth Widdison

staFFJoann Kocha

Francine shafer

cynthia silvernale

Department of Accounting

Foster school oF Business at the university oF WashinGton

UW Foster Accounting 2011

Documents

Transcript of UW Foster Accounting 2011