DREXEL UNIVERSITY’S LEBOW COLLEGE OF BUSINESS DEPARTMENT OF ACCOUNTING

LETTER FROM ThE DEPARTMENT hEAD It’s hard to believe that summer is over, and that we are about to embark on a new academic year.

I recently returned from the American Accounting Association (AAA) conference in Washington, D.C. I enjoy attending these conferences because I always see good friends, meet new ones and return to my desk refreshed, recharged and full of new ideas. One of the highlights of this year’s conference was learning more about the study released by the Pathways Commission on Accounting Higher Education. For those of you who aren’t familiar, this commission was created in 2010 by the American Institute of CPAs and AAA to investigate ways

to enhance the relevance of the accounting education experience. I believe that colleges must prepare students for the accounting field by encouraging three qualities: integrity, analytical skills and a global viewpoint. The department hosts many guest speakers to provide information to prospective accounting students about career options and supports four very active student groups to promote the profession and its diversity. I plan to delve deeper into the report and see how we can support more of the commission’s recommendations in our curriculum.

Since our last newsletter a year ago, we’ve had some exciting updates in our department. I’d like to welcome six new members to our Accounting Advisory Board. They are: Duane Amendola, Deanna Byrne, John Culbertson, Robert Grondwaldt, Nancy Gunza and Sheila Van Wicklen. The advisory board has continued to assist the department in enhancing our programs to benefit our students, faculty and business community. We appreciate the time and effort of these individuals, and you can learn more about our board members elsewhere in this newsletter.

Last November, we hosted our second CPE seminar for alumni and friends of the department. Cynthia Fornelli from the Center of Audit Quality highlighted the seminar with her discussion on the change in the role of the auditor. Dr. Anthony Curatola was the moderator for our alumni panel that discussed “Hot Topics in Taxation.” This year we are planning a series of breakfast meetings to be held throughout the year in different venues. This change was in response to the demand for more opportunities for continuing professional education. We hope you will plan on joining us this year and reconnecting with the department and fellow alumni.

And finally, I’d like to congratulate a longtime friend of LeBow College, Carl Hertrich ’71, a retired audit partner at KPMG LLP, who was named the winner of Drexel LeBow’s 2012 Alumni Award. Carl has received many professional awards throughout the years and has made many great contributions to our field. We are grateful for his professionalism, knowledge and selfless service to both the accounting field and LeBow. I’d like to encourage you to take some time to visit our website www.lebow.drexel.edu/faculty/departments/accounting/ for our current updates and details regarding the accounting department and the activities available to you. Links for LeBow on Facebook, Twitter and LinkedIn are also available on the website.

Thank you so much for your participation, and I hope to see you soon on campus! Sincerely, Hsihui Chang, Ph.D., CPA KPMG Professor of Accounting

SUMMER 2012 ISSUE 1 I VOL. 3

7 WAYS TO RECONNECT 1 Hire an intern/co-op.

2 Sponsor an accounting student award.

3 Volunteer to speak at a student sponsored event.

4 Join us for Continuing Professional Education.

5 Contribute to the Accounting Excellence Fund.

6 Participate in the Career Fair.

7 Join us for “Careers in Accounting” on April 24, 2013.

DEPARTMENT OF ACCOUNTING

NEWSLETTER

INSIDE THIS ISSUE:NEW MEMBERS 2 FACULTY NEWS 3 NETWORKING ROADMAP 4-5 FACULTY SPOTLIGHT 6 STUDENT ACCOMPLISHMENTS 7-8 ACCOUNTING EXCELLENCE BANQUET 9 STUDENT ORGANZIATIONS /HONORS 10-11 UPCOMING EVENTS 12

SEPTEMBER 2012 I ISSUE 3DEPARTMENT OF ACCOUNTING NEWSLETTER

LEBOW.DREXEL.EDUDREXEL UNIVERSITY’S LEBOW COLLEGE OF BUSINESS DEPARTMENT OF ACCOUNTING

Dr. ChanG featUreD In Market Street In the article, ”Accounting for Happiness” in the Spring/Summer issue of Market Street, Hsihui Chang was featured for his volunteer work with the Buddhist Tzu Chi Foundation, a nonprofit charity organization that sends volunteers—including his wife –on missions around the world. Chang’s volunteerism also includes working for the Bethesda Project whose mission is to care for the abandoned poor. On the second Saturday of each month, Chang and a team of Tzu Chi volunteers prepare and serve food in a homeless shelter.

“When I started doing this, I felt an enormous sense of satisfaction and happiness,” Chang said. “When you look into the faces of these people, and you realize immediately that you can make a difference, nothing makes me feel as good.

To read the entire article, please visit http://www.lebow.drexel.edu/Newsroom/Publications/MarketStreet/SpringSummer2012/index.php.

DUane amenDoLa ’95 is currently a vice president and the assistant controller for Comcast Corporation in Philadelphia. Amendola has worked with Comcast since 2001, serving in various divisions of Comcast including senior director of finance for the Colorado region. After graduating, Amendola joined the Philadelphia office of Deloitte in its audit practice. His wife is also a Drexel alumna, Tracy (Matson) Amendola; she earned her B.S. in Human Resources and Accounting in 1995.

Deanna BYrne ’92 is an assurance partner in the Philadelphia office of PwC. She is currently the leader of the Philadelphia Consumer and Industrial Products and Services team and has more than 19 years of diversified accounting, auditing and financial reporting experience serving the consumer product, industrial products and healthcare industries. Byrne was named a 2010 Woman of Distinction by the Philadelphia Business Journal and was recently honored as an Honorary Inductee of Drexel’s Beta Alpha Psi fraternity. She is also on the board of the Philadelphia World Affairs Council.

John CULBertSon ’04 is a manager with almost 10 years of experience in the Tax Services Group and Commercial Department of Bowman and Company. He is responsible for a wide range of clients and provides accounting, tax planning and preparation services to individuals, business owners, partnerships, estates and trusts.

roBert GronWaLDt ’82 is the lead professional auditor for Statoil Gulf Services, LLC located in Houston. Prior to that appointment he spent 20 years at Mobil and at four other energy companies which has allowed him to travel the world in his 28-year career to date. While at Drexel, Gronwaldt participated in numerous extracurricular activities including soccer, the Society for the Advancement of Management and the Accounting Society. He also served as the president of Sigma Alpha Mu Fraternity. Gronwaldt has funded a scholarship for Philadelphia School District graduates who, like himself, are first-generation college students. Gronwaldt was also the president of Drexel’s Houston Alumni Club for 10 years.

nanCY GUnza ’85 is a partner in the Philadelphia office of CliftonLarsonAllen LLP (CLA), having joined the firm in 2010 after spending more than 20 years with a Big-4 firm. Gunza has over 25 years of experience providing audit, accounting and consulting services to not-for-profit and governmental agencies with an emphasis on higher education entities. She is a member of the AICPA and PICPA and holds a CPA license in Pennsylvania. She is chair of the PICPA’s Not-for-Profit Committee. In 2002, Gunza was recognized as a Woman of Distinction by the Philadelphia Business Journal and the National Association of Women Business Owners.

SheILa Van WICkLen has more than 20 years of experience in corporate finance and 10 years of experience in traditional financial analysis and management reporting. She is now the global finance training and engagement director at the Dow Chemical Company based in Spring House, Pa. where she manages the overall structure and strategy of the Global Finance learning and development programs. She also is responsible for global finance communications and engagement activities and is accountable for the implementation of these efforts throughout the Global Finance Organization. Van Wicklen is also the gender diversity lead for finance and is a member of the Women’s Innovation Network steering team for Dow North America.

NEW ADVISORY BOARD MEMBERS

StaCY kLIne, CPA: Reading is my favorite escape. My choices tend to be from the historical fiction and science fiction/fantasy genres. I also like to discuss books with my teen daughters; we read The Maze Runner this summer. Recently, I finished the Game of Thrones books and am anxiously awaiting the next in the series. On my list next is Stephen King’s 11/22/63…already on my Kindle!

BarBara GreIn, Ph.D.: I just finished reading Princeps by L. E. Modesitt, Jr. and started The Columbus Affair by Steve Berry. After that, I will probably read a detective story, either by Lee Child or Dick Francis.

hUBert GLoVer, Ph.D.: I spent my summer teaching and found time to read more mystery books and also learn more about my new toy the iPad 3 and iMatch where I now have more than 30,000 songs in the clouds.

anthonY CUratoLa, Ph.D.: I am hoping to finish a book that I started over the Christmas holidays and did not get very far in reading, called Splinter Cell: Conviction by Tom Clancy. I also hope to read a book on tax cheating that I received from Don Morris who authored the book. It should be quite entertaining.

BernharD reIChert, Ph.D.: I read articles on self-evaluation, articles on honesty and articles on subjective performance evaluation for research. I also read Knuffle Bunny: A Cautionary Tale to Oliver, my 10-month old son.

JennIfer WrIGht, CPA: A colleague gave me Linchpin, Are You Indispensable? by Seth Godin a few months ago, so I read that over the summer. I was also excited for the new John Grisham book that came out this summer — great beach reading.

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The advisory board has been instrumental in enhancing our undergraduate and graduate programs, supporting our alumni events and student programs with gifts of time and financial support.

We would like to welcome the newest members to our advisory board: Duane Amendola, Deanna Byrne, John Culbertson, Robert Grondwaldt, Nancy Gunza and Sheila Van Wicklen. Thank you to all our board members for their commitment to the department and the college.

FACULTY NEWS

What WaS on YoUr SUmmer reaDInG LISt?

In memorY of profeSSor CaS SrInIVaSanThe LeBow community recently lost a highly respected member of our faculty, Cas Srinivasan. Srinivasan was an accounting professor who served as department head from 1978 to 1986 and

retired from LeBow in 1988. He was an unassuming person who built a very strong department. When recruiting outstanding additions to the faculty, he always insisted on hiring applicants who would be collegial, supportive mentors of junior faculty and Ph.D. students. Srinivasan was always very helpful and enjoyed mentoring younger faculty members. He and his best friend and fellow professor, John Savchak, owned Phillies’ season tickets for seats behind home plate. Everyone always knew that they were loyal Phillies fans, as they knew about Srinivasan’s passion for teaching and his dedication to his students.

In memorY of aLan BerGerWe are saddened of the loss of Alan Berger, an adjunct professor of taxation at Drexel for 35 years, who passed away in early August. He was a tax lawyer for the IRS for 53 years and served as president of the Philadelphia chapter of the National Treasury Employees Union. Berger taught Tax Practice and Procedures within

the department. Students always enjoyed Berger’s stories from his experiences working tax cases with the IRS. He is survived by his wife of 54 years, Barbara Fish Berger; his son, Adam; his daughters, Lisa Baskin and Andrea; and his four grandchildren.

DUane amenDoLa

Deanna BYrne

John CULBertSon

roBert GronWaLDt

nanCY GUnza

SheILa Van WICkLen

DEPARTMENT OF ACCOUNTING NEWSLETTER

LEBOW.DREXEL.EDUDREXEL UNIVERSITY’S LEBOW COLLEGE OF BUSINESS DEPARTMENT OF ACCOUNTING

NETWORKING ROADMAP

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For my last and final accounting co-op at Drexel, I was hired at Johnson & Johnson, supporting McNeil Nutritionals and McNeil Consumer Healthcare in the Operations Finance department. My primary responsibilities consist of business partner support and inventory support for both segments. Thus far, it has been an opportunity of a lifetime. My ultimate goal is to be brought back full time in J & J’s prestigious Leadership Development Program, which in time after graduating the program, would secure me with a full time position with one of the best companies to work for in the world.

I am a graduating Accounting and Finance student. Drexel has provided me the opportunity to advance my career and experience diversity. Fortunately through my work study at the Lebow UG Programming office, I have learned from alumnae, Katherine Crawford, the tradition of success Lebow graduates achieve. I am excited for this year and hope to continue the tradition of success.

After my MBA graduation from Drexel in June 2010, I joined Johnson & Johnson’s Financial Leadership Development Program (FLDP). The LeBow connections continued at J&J when I encountered Alex who is currently our operations finance co-op and Alyse Schongold who is doing her third co-op at Johnson & Johnson but is a bit farther away in Raynham, Mass. While Drexel is a large school, its relationships like these that make it feel much smaller even as a community reaching outside of campus bounds. As we look to this new academic year, I wish Alyse and Alex the best in their roles as Beta Alpha Psi officers. The organization will be in good hands as I know they will lead excellent events to help foster an even stronger interest among students in accounting, finance and MIS.

As an intern at PwC, I got selected to go on a community service trip to Belize for a week. While I was there I taught financial literacy to children from the age of 8 to 12, who went to low income schools. It was a very rewarding experience to be able to inspire the children to learn.

During the spring term, Dianna served as a tutor for “lab” in principles of accounting which provides extra help for students in the introductory accounting course. As the instructor of record, I serve as the administrator, but all of the assistance is provided by junior and senior accounting students. Dianna was an awesome role model for our incoming students and she was notified during class about her trip to Belize. Very exciting!The Grant Thornton Presidential

Symposium in Boston was a great networking experience and an amazing opportunity to learn more about Grant Thornton and Beta Alpha Psi, since all the students attending were part of the society. One of the most interesting sessions was held by John E. Mulvaney, Jr. the Boston Office Director of Forensic and Valuation Services practice who explained to us about what he does and how we can become effective leaders.

Carmen oana Ion

aLeXanDer phILIp CIULLo

aLYSe SChonGoLD

katherIne CraWforD

I began working as a tax co-op at Grant Thornton in the fall of 2005. I completed all three of my co-ops with Grant Thornton and joined the firm full-time after graduation. Due to the success I experienced with the co-op program, it was important to me as a full-time employee to play an active role in Grant Thornton’s co-op recruitment process at Drexel. Currently I support the co-op program by going back to campus to share my co-op experience with current students, who are looking for advice and insight into their future options. My support of the co-op program does not end on-campus as I am actively involved in working closely with those Drexel co-op students who have been hired by the firm.

matt maGee

This year our firm hosted an office visit for first-year accounting students. A connection to students at all stages of their education is extremely valuable and I enjoy hearing that a small connection, such as an office visit, inspired them to become an accountant. I really enjoy when they are inspired to work for our firm.

Students network and make connections with our alumni in various roles during their tenure at LeBow. This roadmap outlines some of the connections made by students and alumni. Connections enrich student success but as you can read they enrich our alumni as well.

mIChaeL Gremo

DIana DeStefano

JennIfer WrIGht

SEPTEMBER 2012 I ISSUE 3DEPARTMENT OF ACCOUNTING NEWSLETTER

LEBOW.DREXEL.EDUDREXEL UNIVERSITY’S LEBOW COLLEGE OF BUSINESS DEPARTMENT OF ACCOUNTING

ACCOUNTING DEPARTMENT ACTIVITIES &STUDENT ACCOMPLISHMENTS

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Department of aCCoUntInG SemInar preSentatIonS 2011/2012Throughout the year, the department enjoys presentations from various academic researchers. The workshop allows for faculty to interact with researchers from other universities and discuss possible topics for future research collaboration. Thank you to all our guests this year for your presentation.

Bap CLImBInG eVentMembers of Beta Alpha Psi organized a team building event at the Drexel University Recreation Center in the spring. Students challenged themselves with the encouragement of their fellow BAP members.

Mina Pond, Ph.D. Steve Balsam, Ph.D. Joseph H. Zhang, Ph.D.

Natalya V. Khimich, Ph.D.

Jennifer L. Sustersic, Ph.D.

Sunny Yang, Ph.D.

Justin Leiby, Ph.D.

Alex Thevaranjan, Ph.D. Adam M. Esplin, Ph.D.

Bjorn N. Jorgensen, Ph.D.

Southern Methodist University

Temple University

Louisiana State University

University of California at Berkley

The Ohio State University

University of Texas At Austin

University of Illinois

Syracuse University

Indiana University University of Colorado at Boulder

The Impact of Internal Audit Function Quality and Contribution on Audit Delays The Impact of Say-on Pay on Executive Compensation Earnings Comparability on the Informativeness of Earnings Smoothing

Cash Flow and discount rate news estimation: which method to choose? Do traded credit default swaps impact lenders’ monitoring activities? Evidence from private loan agreements The Interpretive Information Content of Credit Ratings Changes for Stock Investors How Do Consultants Persuade Managers to Adopt Management Control Systems? Mitigating Performance Measure Manipulation: The Role of Moral Sensitivity Industry Information and Forecasts of Long-Term Earnings Growth Competition among Accounting Standards; Early Evidence from Canadian Foreign Private Issuers’ choice Between US GAAP and IFRIS

November 22, 2011

December 2, 2012

January 28, 2012

February 3, 2012

February 17, 2012

February 22, 2012

February 24, 2012

February 27, 2012 March 16, 2012

April 27, 2012

name SChooL paper tItLe Date

FACULTY SPOTLIGHT

LeBoW preSentS 2010-11 reSearCh anD teaChInG aWarDS The Faculty Awards Luncheon, presented annually by LeBow College of Business, recognizes the accomplishments of faculty and Ph.D. students. The following accounting faculty members were recognized during the event:

roBert Lee, then a Ph.D. candidate in accounting, was recognized with the award for Outstanding Ph.D. Teaching Assistant for accounting.

JennIfer WrIGht, CPA, associate clinical professor of accounting, was recognized as the Center for Teaching Excellence Distinguished Teaching Fellow.

mark VarGUS, Ph.D., assistant professor of accounting, was recognized for excellence in research.

BarBara GreIn, Ph.D., associate professor of accounting, was recognized as distinguished research fellow.

Congratulations to All!

ConGratULatIonS! Two of our PH.D. candidates, roBert Lee and roSS roBertS, successfully defended their dissertations and graduated in June of 2012. Robert Lee, Ph.D. has accepted a position at Pepperdine University and Ross Roberts, Ph.D. will continue his position as Assistant Professor at High Point University.

CarL hertrICh ‘71 nameD reCIpIent of 2012 LeBoW CoLLeGe aLUmnI aWarD Carl Hertrich ‘71, retired audit partner at KPMG LLP, has been named the winner of Drexel LeBow’s 2012 Alumni Award.

The Recognition and Awards Committee of the LeBow Alumni Council selected Hertrich from the many high quality nominations they received based upon factors including his professional accomplishments, contributions to his field and service and commitment to LeBow College of Business.

Hertrich joined the accounting faculty at LeBow College in September 2008 after completing a 36-year career with KPMG, where he worked in the firm’s offices located in Philadelphia, Paris, and Wilmington, Del. He served as the managing partner of the Wilmington office for 11 years before returning to the Philadelphia office, where he began his career after graduating from Drexel in 1971. In 2005, he was selected to serve on KPMG’s Partnership Council.

Hertrich is the treasurer and a member of the board of trustees of Archmere Academy in Claymont, Del., and he also serves as the chairman of the National Multiple Sclerosis Society, Delaware Chapter. Additionally, he is also a member of the Parish Finance Council of St. Mary Magdalen Church.

Jennifer Wright, associate clinical professor of accounting, nominated Hertrich for the award. “Carl is so deserving of this award. He has always given back to the University by hiring co-ops, mentoring students, participating in classroom presentations, as a member of the advisory board and his many, many other activities,” she says. “He has always been a cheerleader for the University and its students and programs.” Hertrich was recognized at an awards ceremony held during Alumni Weekend.

WeLCome! nataLYa khmICh will join the accounting department faculty for the 2012-2013 academic year. Khmich has a Ph.D. in Accounting from UC Berkeley, and her research interests lie in the area of financial reporting. Her primary teaching responsibilities will be in Financial Accounting, specifically the Foundations courses for undergraduate students.

SaLLY hamILton, Ph.D. teaches at our satellite campus in Sacramento, CA. Dr. Hamilton joins the Drexel staff after earning her Ph.D at UCLA’s Anderson Graduate School of Management. Dr. Hamilton also has more than 10 years experience in manufacturing finance, business systems and global project management for firms in Silicon Valley.

SEPTEMBER 2012 I ISSUE 3DEPARTMENT OF ACCOUNTING NEWSLETTER

LEBOW.DREXEL.EDUDREXEL UNIVERSITY’S LEBOW COLLEGE OF BUSINESS DEPARTMENT OF ACCOUNTING

ACCOUNTING DEPARTMENT ACTIVITIES &STUDENT ACCOMPLISHMENTS

ACCOUNTING EXCELLENCE BANQUET

faLL 2011 Bap honorarY InDUCtee Tom Koncsics ’90 is a Drexel graduate and an audit partner in KPMG’s Philadelphia office with more than 20 years of public accounting experience. He works primarily with venture-backed and public life sciences and pharmaceuticals companies. Koncsics has significant experience with SEC filings, initial public offerings, mergers and acquisitions and financing transactions. He also has specific expertise with research and development collaborations, licensing arrangements and joint ventures and is a firm-designated specialist in accounting for stock-based compensation arrangements.

Koncsics previously completed a two-year rotation in KPMG’s Department of Professional Practice where he provided guidance to KPMG engagement teams and clients on technical accounting issues related to a variety of topics, including stock-based compensation, debt and equity matters and revenue recognition.

ContInUInG profeSSIonaL eDUCatIon SemInar In November 2011, the accounting department hosted a three-hour continuing professional education seminar for alumni and friends of the department. Cynthia Fornelli, executive director of the Center of Audit Quality, presented “The Winds of Change: Developments on the Role of the Auditor.”

Anthony Curatola, the Joseph F. Ford Professor of Accounting, served as the moderator for an interesting alumni panel on “Hot Topics in Taxation.” Panelists included Peter Beale, Amy Flood, Jon Liss, Jim McMahon and Bruce Fenster.

More CPE Seminars/Breakfast Series are being planned for the upcoming academic year. The events will be in sponsorship with local firms and held at various locations. Look for information in the fall and plan to join us!

thank YoU to oUr SpeakerSThe new Master’s in Accounting program included a few new courses for graduate students pursuing their CPA credentials. Current Topics In the Accounting Profession was led by Carl Hertrich, adjunct professor of accounting. The course was a great success because of all the support from the local accounting professionals. Thanks to all of you for such a successful roll out of Accounting 606!

aUDItInG In a GLoBaL enVIronment Warren Clark, Partner, Deloitte & Touche LLP Corporate anD feDeraL taX poLICY Jonathan Liss, Senior Mgr., Grant Thornton LLP Mel Schwarz, J.D., Partner, Grant Thornton LLP

forenSIC aUDItInG Ron Forster, Partner, KPMG LLP Brian McCann, Manager, KPMG LLP

pICpa Mike Colgan, PICPA

InDepenDenCe anD CLIent aCCeptanCe Steve Wanner, Partner, Ernst & Young LLP Jay Bornstein, Partner, Ernst & Young LLP

marketInG the fIrm’S SerVICeS Jerry Maginnis, Managing Partner, KPMG LLP

reGULatorY ISSUeS Terri Iannaconi, Partner, KPMG LLP

profeSSIonaL paneL DISCUSSIon Tom Coffey, CPA Keith Schneck, CPA Louis Girolami, CPA

teI SChoLarShIp aWarD The Tax Executives Institute awards a scholarship each year to a student interested in a career in taxation. This year’s award winner is Irina Khoury, who graduated from Drexel in June 2012 and has accepted a position in the tax department with Deloitte. Thanks to Tim Golden for joining us at the Accounting Excellence Banquet and awarding the scholarship. Congratulations, Irina!

DeLoItte taX CaSe CompetItIon

The new format for the tax case competition enabled sophomores, juniors and seniors to work together on a tax case provided by Deloitte. James Hamalian, Jeffrey Gunsel, Melody Zhou, Glyka Papaspanos and Phoung Pham spent numerous hours in preparation before presenting their conclusions to the Deloitte professional staff in New York on Oc-tober 22, 2011. The team also caught a glimpse of Occupy Wall Street. What an experience!

the aCCoUntInG eXCeLLenCe BanqUet SaVe the Date: noVemBer 15 Our inaugural Accounting Excellence Banquet was held last November to recognize the various studnent activities during the year. In addition to inducting the newest members of Beta Alpha Psi we also recognized the accomplishments of our various student groups. Accounting students have represented Drexel University and LeBow College at their national conferences and won awards for case competitions and successful organizations. We applaud them!

The department also recognized Jane Kaplan on her retirement from Drexel and Richard Daisly and Carl Hertrich with outstanding teaching awards.

Our next banquet is scheduled for November 15, 2012 and we welcome alumni and friends to join us as we recognize our talented students and dedicated faculty

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SEPTEMBER 2012 I ISSUE 3DEPARTMENT OF ACCOUNTING NEWSLETTER

LEBOW.DREXEL.EDUDREXEL UNIVERSITY’S LEBOW COLLEGE OF BUSINESS DEPARTMENT OF ACCOUNTING

honorS DaY aWarD reCIpIentSThe 98th Honors Day took place on May 11, 2012 when the following accounting students were honored for their academic achievement, student leadership and involvement in the accounting profession:

ERNST AND YOUNG ACHIEVEMENT AWARD Orela Suku

JOHN J. DEMARCO MEMORIAL AWARD Brooke Schneck

JAY AND SHARON BORNSTEIN SCHOLARSHIP Sean Gallagher

DELOITTE AND TOUCHE ACHIEVEMENT AWARD Jason Void

DUPONT ACHIEVEMENT AWARD Nicholas Wascovich

KPMG ACHIEVEMENT AWARD Ogden Mitchell

PRICEWATERHOUSECOOPERS ACHIEVEMENT AWARD Donghu Chuang

H.V.V. (WASU) RAO MEMORIAL AWARD Geena Regi

JOHN A. SAVCHAK MEMORIAL AWARD Alyse Schongold

JOHN F. (JACK) MCKENNA MEMORIAL AWARD Michael Serensits

JOSEPH KAISER MEMORIAL AWARD Thomas Pzeniczny

JOSEPH W. SLOSS MEMORIAL AWARD Ofir Brodie

MICHAEL A. DESTEFANO MEMORIAL AWARD Julia Augusty

THOMAS MURPHY, JR. MEMORIAL AWARD Alyse Schongold

OUTSTANDING SERVICE AWARD Carmen Ion

DREXEL BETA ALPHA PSI HONOR FRATERNITY LEADERSHIP AND SERVICE AWARD Christopher Walker

PICPA OUTSTANDING SENIOR AWARD Lynnewood Shafer

LeaDerShIp for oUr StUDent orGanIzatIonS for the aCaDemIC Year 2012-2013

ConGratULatIonS to oUr 2011-2012 neWeSt Beta aLpha pSI InDUCteeS

naBa President - Christina Russell Vice President - Chantee Steele Vice President - Jenny Vu Finance Director - Benson Igarabuza Treasurer - Viet Phung Secretary - Jasleen Chawla Director of Marketing - Rachel Kobol Director of Corporate Relations - Dwight Carter

aLpfa Co-Presidents - Karla Omlin and George Peart Co-Vice Presidents - Scott Ross and Skyler Logsdon Secretary - Brianna Couso Director of Events - Jasleen Chawla Director of Marketing - Analis Barrod

Beta aLpha pSI President - Alyse Schongold Vice President - Alex Ciullo Treasurer - Brooke Schneck Secretary - Yi Wu Facebook/Media Coordinator - Stephanie Tran Tutoring Coordinator - Amy Lind Director of Membership/Attendance - Scott Ross

aSCenD President - Linh Duong Vice President of External Affairs - John Cao and Melody Zhao Vice President of Internal Affairs - Ai Qun Chang Vice President of Finance - Richard Vong Secretary - Tung Ngo Treasurer - Thi Le Director of Marketing - Anh Ly Webmaster - Tan Nguyen

SprInG InDUCteeS Khoa D. Huynh Kristen Jacobs Jonathan Keane Jennifer Lee Hanna Pashkevich Jessica Pezzato Paramveer Plaha Scott P. Ross Kelly A. Simmonds Stephanie V. Tran

faLL InDUCteeS Purvi Amin Rita Thanh Bucca John Phillip Carigma Eileen Filipski Adele McElroy Xuan Nguyen Srajan Mani Rastogi Geena Regi Marina Roscot Stephen Rosenblatt Christina Russell Danielle Sailor Mamadou Sidibe Felicia Rocha Strieder Yu-En Wu

It’S the top! If you’ve set foot on campus lately, you will have noticed the tremendous headway made on the new 12-floor LeBow College of Business building. It’s set to be move-in ready by fall of 2013. Last month, the University held a ceremonial milestone “topping out” ceremony to celebrate raising the final beam on the project. “We are so excited to be closer to having our new home,” said Frank Linnehan, Ph.D. interim dean. “We already have great momentum, and once we get all of LeBow College into this incredible building, look out!”

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DREXEL UNIVERSITY’S LEBOW COLLEGE OF BUSINESS DEPARTMENT OF ACCOUNTING

Non Profit Org.U.S. Postage

PAIDPhiladelphia, Pa.PERMIT No. 144

DREXEL UNIVERSITY’S LEBOW COLLEGE OF BUSINESSDEPARTMENT OF ACCOUNTING3141 Chesnut StreetPhiladelphia, PA 19104

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CCTG

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ACCOUNTING EXCELLENCE FUNDThe accounting department at Drexel LeBow continues to grow and provide exceptional education and services to our students. The Accounting Excellence Fund has been organized to help us meet increased demands placed on our staff and department. We need your help to continue to offer the same outstanding education as always. As we strive to meet the needs of our students and enhance their learning experience, your donation will provide additional resources to award scholarships, host alumni functions and symposia, invite guest speakers and support other activities and services that will contribute to our students’ learning experiences.

If you are interested in donating to the fund, please make your check payable to “Drexel University” with the notation on the face of the check “Accounting Excellence Fund” and mail to:

ACCOUNTING EXCELLENCE FUND Drexel University LeBow College of Business Department of Accounting 3141 Chestnut Street Philadelphia, PA 19104

We appreciate your donation and support. Thank you kindly for your contribution.

UPCOMING EVENTSThe following are a few events that are planned for the upcoming academic year. Students enjoy seeing alumni on campus so please plan on joining us for an event or two!

September 24 – Academic Year Begins!

September 27 – LeBow College’s Meet the Accounting Firms Night: 5-7 p.m.

October 1 – Beta Alpha Psi – Resume Workshop: 1-4 p.m.

October 3 – Drexel University Career Fair

October 12 – Ascend sponsors Lunch and Learn: Opportunities for International Students: 1-2 p.m.

November 1 – NABA’s Night with the Firms

November 12 – ALPFA Speed Networking

November 15 – Accounting Excellence Banquet

December – CPE Breakfast Event: Watch for Details!

April 24 – Spring Resume Workshop: 1-3 p.m.

April 24 – Careers in Accounting Roundtable Discussion: 4-6 p.m.

If you would like more information on any of the events listed, please contact Michele Sykes at mms25@drexel.edu.