IN THIS ISSUE

Allen Ford earns Chancellors Club CareerLifetime Teaching Award

Undergraduate program earns top rankings

Orphanage moves AIS student to action

2012

MAcc study abroad trip provides insight into doing business in latin America

Allow me to talk to you today in some well-worn adages.

Time does fl y when you are having fun. I can hardly believe it will be a year this August since I took over asDean of our beloved school.

The more things change, the more they stay the same. Many things have changed from when I was a student here, and manyother things have stayed the same. Among the proud constants is the standing of our accounting program. This year, our accounting program ranks 5th among public universities, and 17th overall. That is a high bar considering the fact that every business school has an accounting department. Our students continue to excel in every arena of accounting, from public accounting to corporate, governmental or forensic accounting. Our CPA pass rate is higher than the national average.

Also a given is that AIS is under able leadership. Jim Heintz is walking around with a big smile because he has successfully passed on the baton to John Sweeney.

Knowledge is limited. Imagination encircles the world—Albert Einstein. We are committed to making our students well-rounded citizens able to compete in a global economy. A case in point is the trip our MAcc students took to Costa Rica, along with their MBA cohorts. These, and other hands-on experiences, are valued by our students, and we hope, by employers alike.

A teacher affects eternity; he can never tell where his infl uence stops.—Henry AdamsIf you are reading this newsletter, you know fi rsthand—or certainly you know of—the excellent teachers who make the AIS program what it is. A highlight of the year for me was being present when Allen Ford was recognized for his lifetime achievement in teaching. He typifi es our ideals: being challenging, caring, and dedicated. The accounting area also made great strides in research. You will also read in this issue about the research impact of several key faculty.

You can only pay forward; you cannot always pay back. I continue to be impressed with the dedication of our accounting alumni. You give of yourselves so generously, as mentors and advisors, to the students, to the school, and to me. Rock Chalk!

nEEli bEnDAPuDiDean and H.D. Price Professor of Business

I have been the Director of the Accounting and Information Systems area for less than two semesters, and during this short period I have learned a lot. For example, I have learned that the AIS faculty and staff are an extraordinarily competent and professional group of people who are sincerely dedicated to the success of their students. I have also learned that our AIS students are outstanding, both as scholars and as individuals. Finally, I have learned that AIS alumni take a vested interest in the achievement of our students and the accomplishments of the faculty, and that the AIS Advisory Council is a tremendous resource as well as the model for other areas in the School of Business. In sum, I am very fortunate to walk in here and become the director of an area with a nationally ranked undergraduate accounting program and an exceptional collection of students, faculty, staff, and alumni. However, the AIS area has never been content to rest on its successes and we continually strive to improve. As you will read in the following pages, the AIS area had a great year in 2011. The accounting undergraduate program is the largest in the School of Business, and the information systems undergraduate program continues its impressive growth. The Master of Accounting (MAcc) program has more than 150 high-quality students who are in great demand by employers. We continue to refi ne our program offerings and have added several new classes.

I should point out some accomplishments and accolades for our faculty. Professor Allen Ford was awarded the University of Kansas Chancellors Club Teaching Award in recognition of his distinguished classroom teaching. Generations of KU accounting graduates have been bonded by their shared experience of attending (and surviving) Professor Ford’s tax classes. MAcc Director Lisa Ottinger led a very successful XPlore trip to New York last summer, and accounting fi rms were very enthusiastic in hiring our KU graduates. As faculty editor, Lisa also deserves our congratulations for the MarCom Award presented to AIS Channels. Alee Phillips’ years of outstanding service to and leadership of Beta Alpha Psi was formally recognized when she was named the Union Pacifi c Beta Alpha Psi Advisor.

I am thankful to have had outgoing area director Jim Heinz in Summerfi eld Hall this academic year. I am also grateful to our senior administrative assistant Deb Deering, whose experience and knowledge I rely on daily. The School of Business has a new Dean this year, Neeli Bendapudi, who is devoting her tremendous energy to developing funding sources for a new, and long overdue, building.

JoHn SWEEnEYDirector of Accounting and Information Systems

FROM THE DIRECTOR FROM THE DEAN

3AIS Channels

Pura Vida! ....................................................................... 1

Allen Ford earns Chancellors Club Career Lifetime Teaching Award .............................................. 2

Top Notch....................................................................... 3

Number of IS majors is on the upswing .................. 3

Research ROI ................................................................. 4

Arrowhead Pride ........................................................... 4

A road less traveled ...................................................... 5

New AIS director at home in great outdoors, classroom ...................................... 6

Out of Africa .................................................................. 7

A stroke of luck inspires philanthropy ..................... 8

Xplore program jump-starts careers ........................ 9

Safe and secure ............................................................10

Professional communications class buildson internship experiences .........................................10

Beta Alpha Psi ...............................................................11

Rock Chalk, Little Hawk ............................................12

AIS Faculty Accomplishments .............................13-14

Scholarships ............................................................15-16

Donor Recognition ...............................................17-18

Advisory Council ........................................................19

TABLE OF CONTENTS

The mission of Accounting and Information

Systems is to provide leading accounting and

information systems programs that develop

students with superior management and

technical skills and a well-rounded education

in the liberal arts.

This program will produce qualifi ed

graduates who are responsive to the needs

of the accounting and information systems

professions in academia, government,

industry and public accounting.

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MAcc study abroad trip provides insight into doing business in latin America

“Pura Vida,” the national expression of Costa Rica, literally means pure life, but the real meaning is closer to “full of life” or “going great.” It is an oft-used phrase as both a greeting and farewell. It embodies the philosophy of Costa Ricans for strong community, perseverance, good spirits, enjoying life slowly and celebrating good fortune, whether small or large.

A group of 15 Master of Accounting (MAcc) students and 15 Master of Business (MBA) students experienced “Pura Vida” fi rst-hand over a winter break study abroad trip to Costa Rica. The University of Costa Rica hosted the group and provided lectures on the culture and business climate in Costa Rica and Latin America. Company visits to Proctor and Gamble, Deloitte, Baxter International, Café Britt, a local ox-cart factory and Cooperativa Los Campesinos rural tourism cooperative reinforced the messages learned in the morning classes.

“Over the last few years, participation by MAcc students in graduate business school study abroad programs has defi nitely increased,” said Professor Lisa Ottinger, the program’s faculty director along with Professor Charles Krider. “The experiences on this trip really opened their eyes to the Costa Rican and Latin American culture, as well as to the business environment of the area.”

The specifi c MAcc-focus of this trip was new, she pointed out.

“With the rise in demand by MAcc students, it makes sense to create more accounting-specifi c study abroad experiences,” Ottinger said. The Costa Rica program provided joint activities with the MBA group, but also included separate accounting lectures and a visit to the San Jose Deloitte offi ce.

While the lectures and company visits were quite informative, it was also important to be out and about in the country, Ottinger noted. Much of the time was spent in the capital city of San Jose, but the program also included excursions to the Poas volcano and Sarchi, a small artisan town known for producing Costa Rica’s famous colorfully painted carretas (ox carts), the Cachi Hydro-electrical Plant in Cartago and the Pacifi c beach town of Jaco.

Study abroad trips, in general, provide opportunities for participants to grow both personally and professionally and the Costa Rica trip was no exception, Ottinger said.

“This trip made me a lot more comfortable with traveling internationally for work,” said MAcc student David Cohen, “It’s defi nitely something I will pursue in my career knowing that it’s easier than I originally thought to acclimate to a different environment.”

When Professor Allen Ford steps into class, his students better be on their toes, ready to answer any question he can throw at them.

“Typically students do not like to be questioned in class especially with diffi cult questions, and defi nitely when they are not prepared,” Ford said, “however, they generally adjust and become more comfortable speaking in class and realize their communication skills are improving.”

Ford demands hard work, and his students rise to the occasion.

After teaching in higher education for 44 years, Ford was awarded the 2011 Chancellors Club Career Lifetime Teaching Award.

Asked why students view him as being a good teacher, Ford said “I probably have characteristics most strong, well-respected teachers have, but I cannot think of anything unique that I do. It is very helpful to have good students.”

But for many students, taking a class from him is a milestone in their academic career, said Lauren Pollmiller, Master of Accounting (MAcc) student.

“Getting through his class says a lot about your work ethic and character,” she said, “so I think it’s seen by many alumni as a rite of passage into an accounting career.”

Krista Johnson, a CPA at Terracon, took four classes with Ford in the late 1990s. Ford challenges students like they’ve never been challenged before, she said.

“For me personally, it was the first time in my academic career that I had a real opportunity to see how tough I was,” Johnson said. “It’s a very proud

moment completing one of Professor Ford’s classes.”

Ford’s courses offer an interdisciplinary approach, drawing from psychology and sociology, which also strengthens students’ critical thinking skills, he said.

Lessons from Ford’s class stick with Johnson to this day, as she owes her research skills to his course. She can’t master the entire Internal Revenue Code, she said, but through his lessons, she knows how to fi nd the answers.

“Overall, I think I gained a general confi dence in my abilities,” she added.

MAcc student Matthew Mulligan said Ford’s students respect him for the level to which he holds them.

“If you expect students to meet high standards, most of them will rise to the occasion,” Ford said. “My classes are usually much better during the second half of the semester than during the fi rst half.”

He always maintains a good sense of humor, Pollmiller said, which is encouraging when tackling diffi cult course material.

Tax accounting wasn’t Pollmiller’s forte, and it showed on her quizzes, she said. While passing back a quiz one day, Ford commented on her green nail polish.

“Green is in,” she told him, adding that the color would hopefully serve as a good luck charm for that day’s quiz.

Pollmiller was excited to get her quiz back with a better score than usual.

“Green is in,” Ford had written at the bottom.

ALLEN FORD EARNS CHANCELLORS CLUB

CAREER LIFETIME TEACHING AWARD

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After teaching in higher education for 44 years, Ford was awarded the 2011 Chancellors Club

Career Lifetime Teaching Award.

After a downturn in the information systems industry at the turn of the millennium, growth in the IS area at the KU School of Business illustrates its steady recovery.

For the past two years, the IS major has grown 20 percent per year, AIS Director John Sweeney said. Starting salaries for IS graduates are among the highest in the Business School.

“Students recognize that there are a lot of job opportunities in the area,” he added.

Students will migrate to studies that lead them to jobs, he said — a good indicator of the industry’s recovery. The IS area was large before the technology bubble burst more than a decade ago, Sweeney said, so it’s exciting to see it growing again.

“It is clear that Kansas City is a growing IS city, and it will be even more prevalent when Google Fiber is offi cially switched on,” IS Student Michael Luchen said. “It will bring national attention to Kansas City, not to mention a lot of new problems and possibilities — both of which are excellent job creators.”

IS graduates from KU, with their marketable blend of business and technology skills, will have the opportunity to work in a wide variety of industries.

Luchen hopes to put his talents to use in the medical field. Several years ago, his father had a brain tumor, and it was through recent developments in medical technology and procedures that his life was saved.

“I fi nd it amazing how computer systems, managed or run by IS individuals, can analyze patient data and help doctors save lives faster,” Luchen said. “I would love to be able to help push the limits of data processing in the medical world to support doctors and save lives.”

Number of IS majors on the upswing

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Last August, Bloomberg Businessweek released its 2011 rankings of undergraduate business schools by specialty. The KU accounting program ranked No. 17 nationally and No. 5 among public universities. It ranked fi rst in the Big 12.

The publication releases annual rankings to help students and parents choose the right business program for their needs. Businessweek highlights the nation’s top undergraduate business programs by surveying more than 85,000 students at more than 100 top business schools and asks them to rate their program’s performance in 14 academic disciplines ranging from calculus and ethics to marketing and sustainability.

KU’s accounting and information systems (AIS) area touts 25 faculty members, 420 undergraduates, 155 masters (MAcc) students and 11 doctoral students.

Many undergraduate accounting majors enter the school’s competitive Master of Accounting (MAcc) program after graduation. The MAcc program offers a challenging curriculum coupled with professional skills development and experiential learning activities such as internships and study abroad opportunities. The program consistently boasts a high job placement rate for its graduates in the Kansas City area and other major markets including New York, Chicago, Denver and Dallas.

TOP NOTCHundergraduate accounting program earns top rankings

As the controller for the Kansas City Chiefs, Brian Dunn enjoys a position held by only 31 other people in the world.

Dunn started with the Chiefs in June 2011 and was charged with the task of strengthening internal controls, improving documentation, and implementing a new general ledger and budgeting system.

With a new payroll system and reporting software as well, it’s been a lot of work, but the efforts signifi cantly improved the fi nance department’s service to the entire organization.

“It’s a lot of change in one year,” he remarked.

Although he’s got quite the task in front of him, the KU business school prepared him for every step of his journey, he said. Dunn received both his undergraduate and master’s degrees in accounting from the business school, and before taking on his role with the Chiefs, he worked at KPMG for nine years and later went into SEC reporting for three years at CVR Energy, Inc. From capital budgeting to law, he credits the broad spectrum of required classes for his success.

“All those classes, in one way or another, have really prepared me for each step in my career,” he acknowledged. As controller, Dunn’s position touches many facets of the

Chiefs organization, from overseeing the fi nance department to preparing reports for the sales department.

It’s a job he’s grateful to have, he said. He’s in a group of only 31 other people who work as a controller for an National Football League team, so he takes advantage of any insight the other controllers can offer. They share many of the same challenges and triumphs that go along with the job.

“It does have its perks, for sure, but it’s not without stress,” he observed.

Even in the fi nance department, the job doesn’t stop on game day. Performers and players have to be paid, and reports and payments have to be submitted to the NFL before the day is done. Whether it’s in or out of season, there’s always something to be done.

“Once the playing season’s over, it’s audit season,” Dunn said.

The job can be demanding, but the fans’ excitement reminds Dunn how lucky he is to be a part of the Chiefs organization. After all, it’s not every day your place of employment inspires so much passion.

ARROWHEAD PRIDE AIS ALUMNUS ENJOYS CHALLENGE OF KANSAS CITY CHIEFS ORGANIZATION

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Winter break brought national attention to a study conducted by two KU business school accounting professors. Susan Scholz and Raquel Alexander were featured in January stories by National Public Radio about the return on investment in lobbying.

Reporter Alex Blumberg used their 2009 research as a framework for understanding the value of lobbying for tax breaks. The story ran on Planet Money, a special series on NPR that covers the global economy, and was

later reported on NPR’s Morning Edition.

Their research focused on the 2004 American Jobs Creation Act, which gave hundreds of multinational corporations a huge, one-time tax break on profi ts earned abroad. The law saved companies billions of dollars with a reduced tax rate just under 5 percent.

Alexander and Scholz calculated the total amount the corporations saved from the lower tax rate and compared

the taxes saved to the amount the fi rms spent lobbying for the law, and the results were astonishing.

Their research showed the return on lobbying investment for those multinational corporations was 22,000 percent. As Planet Money noted, for every dollar spent on lobbying, the companies received $220 in tax benefi ts.

You can listen to NPR’s coverage of the professors’ research at business.ku.edu.

RESEARCH ROI Accounting professors earn headlines for their research on lobbying

“My senior year, I remember camping out in front of Summerfi eld at 6 a.m. for job interview sign-ups on a first-come, fi rst-serve basis,” said Diane Yetter, School of Business and AIS alumna. “Even though I camped all year, I graduated without a job.”

That didn’t stop the determined Yetter from succeeding, however, as she found her place in the specialized fi eld of sales tax. Yetter is the founder of YETTER, a sales tax and technology consulting fi rm, and The Sales Tax Institute, a premier think tank offering courses on sales and use tax. She is a frequent speaker, published editor, insightful teacher and trusted advisor. She also serves on the editorial advisory boards of the Sales and Use Tax Alert, Institute of Financial Management’s (IOFM) Managing Accounts Payable and the Dean’s Advisory Board at the KU School of Business.

Most recently, Yetter was named one of the “100 Most Influential People in Accounting” by Accounting Today magazine.

“I am honored to be making a difference and to be recognized as a leader in my fi eld,” Yetter said.

As a leader, she believes it is important to help people grow and understand what it takes to succeed in the fi eld.

“Working with Diane has made me step my game up,” said John Londay, assistant and technical writer at YETTER. “She’s so detailed and thorough with her work, I just make sure to do my best to keep up with her.”

Yetter graduated from the University of Kansas in the spring of 1985 with degrees in accounting and business administration. She credits the business school for her success as a small business owner and consultant to major corporations.

“The way the program was designed, I was able to learn it all; fi nance, marketing, HR, as well as accounting,” Yetter said.

Although she struggled to fi nd a job after graduation, Yetter’s not shy to admit it

was due to her need to balance so many things during her college years. As a full-time student working three part-time jobs close to 40 hours per week, she paid her way through college.

“I’m very proud of what I have accomplished and I think getting through school, working as much as I did, taught me to work hard to get what you want,” Yetter said. “Don’t let others tell you that something isn’t possible.”

As evidenced by this prestigious award, Yetter has succeeded in her fi eld beyond her wildest dreams. At graduation, she had no idea what the future held for her, but she found that initial obstacles can be overcome with hard work.

“Looking back on it all, and realizing that I have become a true success in my fi eld, which happens to be a non-traditional accounting area, makes me very proud that I took what was handed to me and made it work for me,” Yetter said. “Being named one of the Top 100 Accountants is an honor and one I don’t take lightly. It fi ts with my current goals of really being a thought leader in the sales tax fi eld and shows that there is a place for everyone and success is measured differently for different areas in accounting.”

AiS alumna named one of Accounting Today’s ‘100 Most infl uential People in Accounting’

A ROADA ROADless traveled

“I am honored to be making a difference and to be recognized as a leader in my fi eld,” Yetter said.

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NEW AIS DIRECTOR AT HOME IN GREAT OUTDOORS,

CLASSROOMWhen AIS Director John Sweeney isn’t in the business school, you might fi nd him canoeing through the Canadian wilderness or hunting with his bird dog.

An avid outdoorsman since a teenager, one of Sweeney’s passions has always been hunting and training bird dogs. Sweeney trains his own dogs to hunt pheasant, quail, duck, chukar and other game.

“It’s always a thrill to hunt with a good bird dog,” he said.

When he heads north on canoe trips, he often goes with a friend, but sometimes chooses to go solo. No phone or computers is a nice break, he refl ected.

Coming from Washington State University, Sweeney left his position as chair of the accounting department to assume his role as AIS Director in fall 2011.

Accepting the position at KU was a good opportunity, he said, and the decision to take the job put him closer to his grandchildren.

“It was part family and part professional,” he said.

With the AIS area’s excellent reputation, as well as supportive faculty, alumni and advisory council, it was an easy choice, he noted.

Originally an environmental studies major as an undergraduate, Sweeney maintains his love of the outdoors as a hobby, but has focused his career on accounting research and academics.

Sweeney has a lways fe l t most comfortable in the classroom, he said, and he continues that passion by teaching an accounting theory course in the Master of Accounting (MAcc) program at KU.

“I’ve always considered myself more of an educator than an accountant,” he explained.

Sweeney enjoys teaching because he likes getting to know his students, he said, and he loves to share in their successes.

Before working as an educator, Sweeney was an auditor at the public accounting fi rm Ernst & Whinney (currently Ernst and Young). Throughout his academic career, the study of ethics in accounting has been a focus of his behavioral research. He specifically studies the decision-making process involved with auditor judgment, an integral aspect of accounting.

With a busy professional career, Sweeney enjoys relaxing in his new country home outside Lawrence with his bird dog, Cooper. However, over the years, an avid interest in history and museums has taken him far beyond the comforts of home. Sweeney also enjoys traveling abroad and counts among his overseas trips multiple visits to Europe.

“I enjoy how you can go from one country to another in a short period of time and be in an entirely different culture,” he remarked.

With the AIS area’s excellent reputation, as well as supportive faculty, alumni and advisory council, it was an easy choice, he noted.

OUT OF

AFRICAKENYAN ORPHANAGE MOVES AIS STUDENT TO ACTION

Scott Moir, a senior in accounting, was so moved by a stranger’s call for help, he traveled all the way to Kenya in 2010 to see for himself the work Nicholas Ng’ang’a was doing.

Ng’ang’a originally contacted Moir’s family through a blog about Kenya to ask for help to feed the 32 children in his care. Moir’s mother traveled to Kenya 35 years ago, so he always had a special place in his heart for the country.

“I grew up hearing stories about Kenya,” he said.

As Moir corresponded with Ng’ang’a through email, he learned more about the Dundori region in which he lived, as well as the circumstances of the children he serves, many

of whom are orphans. Moir decided he wanted to be more involved, but fi rst, he wanted to see it for himself.He remembers stepping off the plane in Nairobi, looking upon a sea of unrecognizable faces. Moir wandered around, not knowing who he was looking for, until he saw a man holding a sign that read “Mr. Scott.”

“I fi gured that must be me,” he said.

In Kenya, the government pays most of the fees for primary school, but families must also pay a portion, Moir said. By feeding the children, students’ families can put what money they would have spent on food toward education fees, which keeps their children in school longer.

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A STROKE OF LUCK INSPIRES PHILANTHROPYBrady Crist isn’t much of a gambler, and walking into Argosy Casino in Kansas City in January was his fi rst time in a casino. He went with a few friends and expected to lose $20 and leave, he said. So when the slot machine lights started fl ashing, he was a little confused.

“It took me a minute or two to realize how much I had actually won,” he said.

Crist left the casino with $1,000 in his pocket, but he didn’t think he deserved it, he said.

“I have always been a believer in working hard and earning everything that you get,” he said.

Crist said he went to the casino to have fun and wasn’t intending to win anything, so he thought of a better place the money could be spent.

“I decided to donate to the Lawrence Humane Society, because I used to volunteer there and I knew how much they constantly need resources to keep the place going,” he said.

Crist, a MAcc student from McPherson, Kansas, will begin his career in IT audit with PricewaterhouseCoopers in Kansas City this fall.

Moir stayed with Ng’ang’a and his family in their village, and soon the Dundori Orphans Project was born.

“I felt like it was what I was supposed to do,” he said. “An opportunity like this doesn’t come along every day.”

Now the project is a non-profi t and KU student group, Moir is the director in the United States and works with Ng’ang’a and others to match Kenyan donors to children who need sponsorships.

“It’s Kenyans helping Kenyans,” Moir said.

Although he didn’t originally plan for sponsors to only come from within the country, he wouldn’t have it any other way, he said. The charity is more effective without a large American presence.

Moir plans to work at an accounting fi rm after graduating, to get experience, but he intends to use his accounting education for more non-profi t work in the future.

“Nobody’s that passionate about just accounting — the numbers. They’re passionate about what they can do with accounting,” he said.

“I felt like it was what I was supposed to do,” he said. “An opportunity like this

doesn’t come along every day.”

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KU accounting students break into the markets of the nation’s biggest cities with help from the AIS XPlore program. In the six years since the program’s inception, 23 students accepted jobs or internships (out of 30 offered) as a direct result of the program, said Lisa Ottinger, director of the Master of Accounting (MAcc) program and creator of XPlore.

The XPlore program is designed to support students who are interested in starting careers in public accounting outside the Kansas City area. Thus far, XPlore has concentrated on three major markets: New York City, Chicago and Dallas. The main idea behind the XPlore program is to make fi rms in these cities aware of the caliber of accounting graduates coming out of the KU School of Business.

“In the last few years more and more students are seriously interested in starting careers outside of the Kansas City area,” Ottinger said.,“and our students are as good as any in the country. Just look at our recent Businessweek ranking.”

Last August, Ottinger took nine undergraduate accounting majors and four MAcc students to New York City to visit PricewaterhouseCoopers, Ernst and Young, Grant Thornton and Deloitte. Out of the 13 students, nine received offers for internships or full-time positions in the Audit, Tax or Advisory Services practices of one of the visited fi rms. The remaining elected to pursue careers in Denver, Chicago, Houston and Kansas City.

Jessica Sheahon, a senior accounting major and future MAcc student from Salina, Kansas, accepted an internship with Deloitte after the XPlore NYC trip.

“I thought the trip would be good exposure and good networking,” Sheahon said. “I’m really excited I have this opportunity for an internship.”

Joseph Liu parlayed the XPlore NYC trip into multiple full-time offers in Advisory Services. Liu, a MAcc student from Taipei, Taiwan, will start his new job at PricewaterhouseCoopers in the NYC offi ce this summer.

“I thought the trip was a big opportunity for me,” Liu said. “It was nice to walk through the offi ce environments, meet the people and try to understand how their offi ces operate.”

There is no doubt about it; the XPlore program has been a major success. Next stop – the West Coast in August 2012.

“For the fi rst time, we will visit two cities on an XPlore trip, Seattle and San Francisco,” Ottinger said. “I am excited to introduce the West Coast to our incredible students.”

“I thought the trip would be good exposure and good networking,” Jessica Sheahon said. “I’m really excited I have

this opportunity for an internship.”

RECENT XPLORE TRIP JUMP-STARTS CAREERS IN

NYC

10

Internships give students a real-world learning experience for their career path, but when that lesson is over, it’s helpful to refl ect upon the experience to reinforce what they learned.

The KU business school’s accounting professional communications class does just that by following up students’ spring internships with a two-week condensed course, professor Lisa Ottinger said.

Started several years ago, the class focuses on improving communication skills and giving students relevant advice to use as they enter the public accounting workforce. The course is coordinated by Ottinger, but the majority of the class is taught by representatives from the fi rms with which students interned, which is one of students’ favorite aspects.

“It’s a nice collaboration between KU and the outside world,” Ottinger said.

Different firm professionals take turns covering a variety of communication topics within the public accounting profession, including communication styles, listening skills, executive presence, client interactions, understanding expectations, receiving feedback, email correspondence and completing workpapers. The fi nale of the class is a segment on designing and delivering professional

presentations, taught by Steve Liggett, president and founder of Trilogy Communications and part-time KU School of Business lecturer.

A central component of the class is the Personal Discernment Inventory (DISC), a self-analysis of communication styles, behaviors and preferences. Chris Reed, representative from Grant Thornton, teaches DISC and said it’s one of his favorite lessons because it can be practically applied to improve relationships not only in the business world, but with friends and family.

“There may be times in their professional careers when they have to work with diffi cult people,” he said, “and by being able to identify those individuals’ communication preferences, it will help foster a deeper understanding of how to build rapport with them.”

MAcc student Ben Burge said the class was a good reminder of everything he learned, and it strengthened his skills as a public speaker.

“You are presented with so many new experiences in a short period of time during your internship,” Burge said. “This class helps you to refl ect on these experiences and convert them into skills that you will need when starting your career.”

AIS Channels

Changes in technology allow criminals to find new ways to scam personal information and commit security fraud.

But with the help of KU business school faculty Paul Mason and Greg Freix, accounting educators got a lesson in security at the 11th annual Accounting Educators Seminar hosted at Johnson County Community College.

About 80 educators from across six states attended the day-long seminar, which is sponsored by McGraw Hill, to learn about new issues and gather ideas for their classrooms, Mason said.

Mason and Freix addressed two main concerns: fraud and forensic accounting and information security.

Mason covered fraud, deception and how to detect deception, specifically providing a glimpse into the world of micro-expressions and the related ability to spot a lie.

Freix taught educators how to safeguard their sensitive information stored on electronics, offering tips on flash drive security, various internet traps that have

the potential to wreak havoc on personal computers, and FIRPA safeguards.

Many educators keep federally protected student information on portable drives, Freix said, so he stressed the use of encryption software to provide safeguards should it fall into the wrong hands.

Mason and Freix, who have presented at the seminar for several years, also address relevant current issues in the news to keep educators in the loop.

“Each year we try to provide an update on the latest developments in fraud activities, research, or simply some fraud or security concepts that educators can take back to their respective institutions for classroom use,” Mason said.

PROFESSIONAL COMMUNICATIONS CLASS BUILDS ON INTERNSHIP EXPERIENCES

AiS faculty present seminar on fraud and information securitySAFE AND SECURE

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Brady Crist, PresidentKelsey Thomas, VP of ReportingJohn Rowland , VP of FinanceKimberly Daneck and Danyel Bell,Community Service CoordinatorsAlee Phillips, Faculty Advisor

Kimberly Daneck, PresidentEnoch Johnson, VP of ReportingColby Hilburn, VP of FinancePaula Hawman and Rachel Horvath,Community Service CoordinatorsAlee Phillips, Faculty Advisor

BETA ALPHA PSI Beta Alpha Psi is an honorary organization dedicated to the interests of accounting, fi nance and information systems students. Members must maintain a GPA of at least 3.0 and actively participate in the organization’s activities including attending meetings, serving on committees, and providing community service.

UNION PACIFIC SPONSORS FACULTY ADVISORThanks to the generosity of Union Pacifi c, Alee Phillips has a new designation: Union Pacifi c Beta Alpha Psi Faculty Advisor. AIS alumnus Mike Bernard spearheaded the effort at Union Pacifi c.

FALL 2011 SPRING 2012

15AIS Channels 12AIS Channels

Alee Phillips auditioned to be Baby Jay on a dare.

Coming to KU from Buhler, Kansas – a town of about 1,300 people – she was known among her friends as an extrovert, and always up for a challenge. She saw the tryout announcement in the Kansan, met the height cutoff of 5 feet 3 inches and decided to give it her best shot.

In the fall of 1994 she was selected as one of three students to play Baby Jay. Each one shared the responsibilities of the job – appearing at KU football and basketball games, alumni events and joining the spirit squad when the Jayhawks traveled.

“Some of my greatest memories are post-season men’s basketball tournament games,” Phillips, who teaches accounting and is faculty advisor for Beta Alpha Psi, said.

“KU has always had really great teams, but the mid-90s had some stellar teams,” she said. “There was a lot of

hype around KU basketball. Just being in the tournament environment was really great.”

KU celebrated the 40th anniversary of the mascot during homecoming 2011, giving her a chance to meet Amy Rachman, the original Baby Jay and creator of the mascot.

Her fond memories as Baby Jay even led to professional success. “I’m convinced that I got my fi rst internship in public accounting from the excitement and interest the interviewer had from my experience as Baby Jay,” she said. Of the 30-minute interview, she estimates that they talked about her experience has Baby Jay for half of it.

“I use it as a piece of advice for my students,” Phillips said. “If there’s something you do that might shed light on who you are, or your personality, tell employers. Put it on your resume. You never know what doors might open because of it.”

ROCK CHALK, LITTLE HAWK

events and joining the spirit squad when the Jayhawks traveled.

“Some of my greatest memories are post-season men’s basketball tournament games,” Phillips, who teaches accounting and is faculty advisor for Beta Alpha Psi, said.

“KU has always had really great teams, but the mid-90s had some stellar teams,” she said. “There was a lot of

Of the 30-minute interview, she estimates that they talked about her experience has Baby Jay for half of it.

“I use it as a piece of advice for my students,” Phillips said. “If there’s something you do that might shed light on who you are, or your personality, tell employers. Put it on your resume. You never know what doors might open because of it.”

Accounting lecturer recalls fond memories as baby Jay

Alee Phillips as Baby Jay

AIS Channels

AIS FAculty commItted to teAchIng

AIS FAculty In the newS

AIS FAculty commItted to ReSeARch

George Marakas, Paul Mason, Alee Phillips, Tim ShaftelHenry Bubb Teaching Excellence Award Top Ten finalist, established by Henry Bubb, former Chairman of Capital Federal Savings and Loan and KU Board of Regents member, to recognize outstanding teaching in the School of Business

James HeintzDel Shankel Teaching Excellence Award Finalist, awarded by University of Kansas student athletes

Andrew ChenFaculty Mentor of the Year Award, Association of Business Doctoral Students

James Heintz, Rajendra P. SrivastavaPh.D. Outstanding Mentor Award, Association of Business Doctoral Students

Raquel AlexanderNPR Planet Money podcast on corporate lobbyingNPR Morning Edition discussing corporate lobbying

Susan ScholzNPR Planet Money podcast on corporate lobbyingNPR Morning Edition discussing corporate lobbyingWall Street Journal commenting on restatement trends

PubliCATionS

Scott bronsonRecipient, University of Kansas New Faculty General Research Fund Award

Andrew Chen“Can Online Wait Be Managed? The Effect of Filler Interfaces and Presentation Modes on Perceived Waiting Time Online,” MIS Quarterly, 2012, (with Y.H. Lee and V. Illie).

“Usability Design and Psychological Ownership of a Virtual World,” Journal of Management Information Systems, 2012, (with Y.H. Lee).

“Evaluating the Effects of Task-Individual-Technology Fit in Multi-DSS Models Context: A Two-phase View,” Decision Support Systems, 2011, (with Y.C.Liu and Y.H. Lee).

Mike EttredgeRecipient, School of Business Mabry Best Publication Award

“Earnings Restatements and Differential Timeliness of Accounting Conservatism,” Journal of Accounting & Economics, forthcoming, (with Y. Huang and W. Zhang).

“The Effects of Company Size, Corporate Governance Quality, and Bad News on Disclosure Compliance,” Review of Accounting Studies, Dec. 2011, (with K. Johnstone, M. Stone and Q. Wang).

“Strategic Revelation of Differences in Segment Earnings Growth,” Journal of Accounting and Public Policy, July/August 2011, (with Y. Huang, L. Sun and Q. Wang).

“Determinants of SAB 74 Disclosure Compliance: The Case of FIN 48,” Research in Accounting Regulation, October 2011, (with R. Alexander, M. Stone and L. Sun).

Susan Scholz“Evidence on the Association between Financial Restatements and Auditor Resignations,” Accounting Horizons, forthcoming, (with Ying Huang).

“CEO Involvement in Selecting Board Members, Audit Committee Effectiveness, and Restatements.” Contemporary Accounting Research, June 2011, (with J. Carcello, T. Neal and Z. Palmrose). Rajendra Srivastava “Causal inference in auditing: A framework,” Auditing: A Journal of Practice and Theory, forthcoming, (with T.J. Bock, K. Pincus and A. Wright).

“The Anatomy of Management Fraud Schemes: Analyses and Implications,” Indian Accounting Review, Vol. 15, No. 1, 2011, (with L. Gao).

Editor’s Note on the Special Issue of JIS on XBRL. Journal of Information Systems, 2012, forthcoming, (with Q. Liu).

John Sweeney“The Influence of Subjective Norms on Whistle-blowing: A Cross-cultural Investigation,” Journal of Business Ethics, forthcoming, (with P. Trongmateerut).

ConfEREnCE PRESEnTATionS

Scott bronsonDiscussant at the AAA Annual MeetingResearch Workshop, University of Tennessee; Oklahoma State University Accounting Research Conference

Mike EttredgeAmerican Accounting Association

Susan ScholzDeloitte & Touche/American Accounting Association Doctoral ConsortiumNortheastern University Faculty WorkshopUniversity of Kentucky Faculty Workshop

Rajendra SrivastavaXBRL International Conference, Abu DhabiAll India Accounting Conference, Jaipur, IndiaXBRL International Conference, Montreal, CanadaInternational Symposium on Audit Research (ISAR), Quebec CityUniversity of Kansas International Conference on XBRL: Transparency, Assurance, and Analysis

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AIS Channels

AIS FAculty commItted to SeRvIceScott bronsonVice President of Finance, KU Hillel

Andrew ChenGuest Associate Editor, MIS Quarterly, 2011 Faculty Member, Council of Investigators, eLearning Design Lab, KU

Mike EttredgeCo-Editor, The Accounting Review Editorial Board, Auditing: A Journal of Practice & Theory

Greg freixExecutive Board Vice President, KU Alumni Association Veterans Chapter Faculty Advisor, KU Collegiate Veterans AssociationFaculty Member, KU Veterans Services Enhancement CommitteeMember, Military/Veterans Subcommittee, University Sesquicentennial Committee

Paul MasonTrustee, KSCPA Foundation

Susan ScholzEditorial Board, Accounting Horizons

Rajendra SrivastivaGuest Editor, Journal of Information Systems, Special issue on XBRLAssociate Editor, Journal of Accounting Information Systems, Information Systems Section Journal of the American Accounting AssociationEditorial Board, Auditing: A Journal of Practice and Theory, International Journal of Auditing, International Journal of Accounting Information SystemsConsulting Editor, Indian Accounting Review

John SweeneyEditorial Board, Behavioral Research In Accounting, Issues in Accounting Education

HIRE A HAWKOur Business Career Services Center encourages you to consider internships or job opportunities for our outstanding business students.

Employers consistently recognize our students as high performers, ready to make an immediate impact in the professional world.

Make a difference in the future of a Jayhawk!

Stay connected online

14

for more information,contact David byrd-Stadler. dstadler@ku.edu • 785-864-8047

AIS Channels

Accounting Departmental * John BergmanChaohua FengMarcus LenihanJulia Valentine

AiS Advisory Council *Jacqueline CovilloAndrew Hendricks

Jeffrey W. & Angie brown businessAndrew ColeMegan Hicks

AiS Ph.D. *Ken DaltonMike EllisElizabeth EmeighKil Jae LeeD. Andrew LiYucong LiuJuan MaoChristine PorterMatt SherwoodWenying SunYang XuHelen Whiteaker-Poe

Steve W. baker Memorial *Aaron LawrenceJingxuan Puzey

bKD*Jason EubanksMargaret HarrellChin-Chou LiuJessica Stanley

borchardt family Tax*Aubrey Rutledge

norman l. Cochran family*Kristen BerlekampCorey BonkChristopher ClarkErin Pishny

Collective brands undergraduateJames Bono

Henry E. Crawford in businessElyse Douglas

Deloitte/Kessler Memorial*David CohenCaitlin DornBen HadelGenevieve HurshStephanie JordahlRachel KaegiAaron LawrenceVictoria MirfasihiMatthew Mulligan

Lauren PollmillerRobin SoltisCaitlin TaylorKyle Willibey

Differential Tuition*Allison BiehlRhonda BradfordKathryn BrunsonStephen BurtinChase CoffinDavid CohenBrady CristJames CrowderAshley FiedlerMegan FluterMelissa FriedmanStephanie GrahamStacy GressCurtis GrippBradley HarrisonBrett HeinzPatrick JardineRyan KellenbargerNari KimWilliam KossBrent LemieuxCaleb LundbergKelly McKiernanVictoria MirfasihiTravis MolsenElizabeth PetersenEric PodollTravis RichterMaria SantosJessica StackLindsey Stiles AuldChristopher SymingtonAngie WhalenKyle Willibey

John & Ruth Elliott family*Stephanie JordahlChao Wang

Engelmann businessAshley FiedlerPaul Livingston

Ernst & Young*Christopher ClarkBrooke EichelbergerCasandra Engelken Ren-Tin HarnThomas HerringErin PishnyKelsey Thomas

Ernst & Young Student fellows*Kristen BerlekampCody DanielsAshita Mathur

Allen & Joelle ford*Lindsey BoenBrooke EichelbergerCasandra Engelken Ren-Tin HarnAaron RogersMichael Virgo

Robert f. frakes Memorial*Katelyn ClickAndrew ColeChelsea JohnsonEthan RethmanMichael Strano

Grant Thornton*Christopher Brito

Richard l. Hofmann*Dana DiecLauren FreundBrian HillMadalen JackleJewelyn KingMatthew MulliganChristopher NewmanMark Scharosch Cassandra WindlerAngela WisemanJake Wolfe

Kansas Society of CPAs*Megan HicksCameron Walker

Darren W. & Terri E. Karst Memorial *Jenna FritscheAllysa Orlanes

Kennedy & Coe*Corey BonkLindsey Stiles AuldJoseph Viviano

Kevin Koehn Memorial*Rachel KaegiLauren Pollmiller

KPMG*Daneale DigginsNikita FugateAndrew HendricksTravis Molsen

Paul landis in businessZachary Rossin

Winfield f. liggettSamuel Gurney

Manaugh Memorial Stephanie PalmerZachary Rossin

ScholARShIpSThank you to the following generous contributors for making these scholarships and fellowships possible.

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AIS Channels

Michael Virgo

Rublee Mae in businessVicki Whitaker

Robert A. PageKatelyn Click

PricewaterhouseCoopers*Kathryn BrunsonAubrey Rutledge

John W. Rader*Megan BondDavid CohenCody DanielsCaitlin DornNikita FugateGregory HalperRachel KaegiAaron LawrenceLauren PollmillerCassandra Post Andrew RobisonJohn RowlandKelly SchwartzCaitlin Taylor

Tom Sarowski*Stephanie PalmerZachary Rossin

Scott family in businessRobin Soltis

Edmund Rex Sigley Memorial*Madalen JackleElizabeth MillerZachary Thompson

Howard f. Stettler Mastersin Accounting*Thomas Herring

John T. Stewart iii Endowed in businessJessie Hardesty

Max A. Thayer Memorial*Brandon Beck

W. A. Tholen Christopher Brito

Cecil E. Trefthen Memorial in businessChristopher Britto

union Pacific*Lindsey BoenAllysa OrlanesCassandra Post Jacob Thomas

Adrian W. WallaceStacy BlaggJared BrightLauren FreundStacy GressRachel HorvathMichael StranoMichael Yodler

Max o. & lora J. Weber businessChelsea JohnsonKelsey Wyer

David l. Yetter*Daneale Diggins

Donald P. Young Sr. Memorial*Jacob ThomasJonathan Wesley

Robert H. Zalokar in businessAubrey Rutledge

*AIS Scholarships

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Undergraduate accounting student Jessica Sheahon, MAcc student Brady Crist and doctoral student Mike Ellis received the school’s RESPECT Award along with Brandi Roberts and Kyle Turbitt (From left to right, Ellis, Sheahon, Roberts, Crist and Turbitt)

AIS Channels

DEAnS Club AMbASSADoRS(Gifts of $10,000 or more)Elizabeth M. FrakesLisa FrielLarry D. Horner & Donna Manning HornerSharon Absheer Kay & John A. Kay, IIIDouglas A. RegnierBruce E. Snyder & Cynthia Wehrwein Snyder

DEAnS Club bEnEfACToRS(Gifts from $5,000 to $9,999)Howard E. Cohen & Debra L. CohenGerry D. Dixon & Carrie L. Woodling DixonDaniel T. Meyer & Jennifer A. MeyerLawrence F. Montague & Barbara J. MontaguePhil D. Parker & Kathleen Dailey ParkerWilliam B. Taylor & Marilyn K. TaylorJohn A. Wilgers & Trudy Henke Wilgers

DEAnS Club PATRonS(Gifts from $3,000 to $4,999)Stephen A. BatmanScott J. Brouillette & Jennifer Glancy BrouilletteT. Teal Dakan & Margaret D. DakanPat Daylor & Jacquelyn K. DaylorDavid F. Dummermuth & Natalie DummermuthFranklin S. Friedman & Sondra E. FriedmanHarold Dean Hein & Martha Olson HeinJames A. Heintz & Celia M. HeintzEdward A. KangasJill A. Krentz & Kurtis S. KrentzMary J. McCannMark A. WilkersonRichard B. Young & Sally J. Young

DEAnS Club(Gifts from $1,000 to $2,999)Hearld R. Ambler & Marjorie P. AmblerJohn F. AndersonR. Michael Beatty & Mary Nell BeattySusan Sedlock Belske & Gary L. BelskeAndrew J. Blossom & Tammy S. BlossomWayne J. Boeckman & Patricia BoeckmanPaul Borchardt & Susan Gatton BorchardtRonald T. Borchardt, PhD & Pamela K. BorchardtArthur H. Bowen Jr.Jerald L. BriggsCharles D. Bruce & Mikaela BruceEric J. BurTony Campbell & Catherine Bubb CampbellRachel E. CannonKimberly M. Carl-Cooke & Daniel W. CookeJeffrey P. Carlstedt & Michelle Adams CarlstedtBarbara A. CuiteCamille Coffman Dibble & David E. DibbleMichael J. EngleAllen Ford & Joelle S. FordMark A. Fortino & Sarah Goodwin FortinoRoss Franken & Amy D. Franken

Andrew W. George & Jennifer L. Payden GeorgeKyri L. GorgesRobert L. Haunschild & Christine M. HaunschildTabetha L. Hazels & David R. HazelsTeresa Cosentino Karst & Darren W. Karst, CPAAnthony J. Kaufman & Rene KaufmanPatrick J. Kaufman & Kathleen Kurzak KaufmanDarin W. Kempke & Sarah C. KempkeCharles L. KopelStephen M. Kovzan & Kari B. KovzanAndrew V. LearChad W. LibertusSusan P. Lieber & James C. Lieber Jr.Lance A. LutherJames L. Martin & Patricia J. MartinJason K. MartinJames M. McCartenWilliam R. Morton Jr. & Cheryl A. MortonGregory M. PayneCharles W. Peffer & Pamela Kulp PefferWilliam A. Pickert & Traci Gregory PickertDavid A. Rood & Ann Rheinberger RoodDavid A. RudicelGregory A. Rupp & Jennifer Creswell RothAlan J. Schaub & Kristi Klungness SchaubRobert J. SchusterRichard W. Seagraves Jr., CPA & Linda K. SeagravesTimothy L. Shaftel, PhD & Julia Singleton Shaftel, PhDMichael J. Shonka & Nancy J. ShonkaStefanie R. Sparks & Kevin P. SparksJames M. Stilley & Linda A. Schwartz StilleyCalvin J. Stolle & Susan Kulp StolleChristopher J. Vogel & Julie S. VogelJoseph M. Watt & Jill E. WattRyan D. WernerShauna C. Woody-Coussens

CAMPAnilE Club(Gifts from $500 to $999)Bradley D. BartelMichael E. Bernard & Joyce R. BernardHeather K. Bertone-Kuo & Simon Kuo, PhDKirstin Miller Beyer & Kent BeyerKirtus L. BocoxRaymond E. Borden & Nan Porter BordenDonna M. FunkDwight GeigerCheryl L. Givens & Gregg W. GivensCharles F. HarrisJames L. Houghton & Barbara Bowdish HoughtonJoshua L. Johnson & Emily T. JohnsonAshley B. Lamb & Stuart D. LambA. Ford Maurer & Christine Childress MaurerPaul R. Nelson & Margaret E. NelsonCharles V. ReesEugene R. Schramka & Barbara M. SchramkaRobert D. ShuttSharon K. Smith & P. D. HatfieldEldon Ward & Karen Simmons Ward

April M. Wasleski

CRiMSon AnD bluE Club(Gifts from $300 to $499)Matthew J. AndersonRichard T. Baumeister Jr.John C. Bullock & Lori K. BullockShana Rippe DominguezMichael Scott EnszGordon W. Fruetel & Cheryl Lathrop FruetelMichael A. GraberKasem NarongdejDouglas D. Nelson & Cappi C. NelsonKwan NgaiMichael N. RileyDale J. Snell & Abbey Stockstill SnellPaul B. Stephens & Tricia Elliott StephensScott C. TerryKimberly B. WellsDaniel J. White

1865 Club(Gifts from $100 to $299)Jean A. AllenDarrin J. Andersen & Jill Hamill AndersenPhillip C. AndersonTimothy C. Bateman & Kyly K. BatemanDeanna J. BerneyRyan M. Berry & Briea Alden BerryLindsey A. BrakeRobert K. ButzDavid W. Bywater & Angela K. BywaterJohn A. Cadwalader & Catherine Whitney CadwaladerKris A. Cappo & Frank J. CappoEugene H. Caylor & Karen L. CaylorNorman L. Cochran, CPA & Shirley D. CochranCathleen S. CurlessRussell D. DettmerSaurav K. Dutta, PhDBarbara J. EtzelRebecca A. FeniliKaren Thayer FernandezSusan K. FletcherLauren Ann Ford, CPARobert T. GrisaffeErich P. Hahn & Kathy Moll HahnJohn M. HaunApril M. HawthorneMark A. HodsonJulia Mayden Holmes & Brian L. Holmes, MDJohn L. HornStephen Hylton & Jonna Armbruster HyltonRenee Wessel JaenickeCarol Kennedy Johnson & Edward N. JohnsonKrista Burkart JohnsonDouglas D. Kelley & Jana Dye KelleyDanny R. Kelly & Mary K. KellyMorgan E. LaibleFrances Skikne Leibsker

donoR RecognItIonWe gratefully acknowledge the following alumni, friends and corporate partners who supported the AIS program during the 2011 fiscal year, July 2010 through June 2011. Some graduates and employees do not designate their gifts specifically for AIS. These are included in the School of Business’ Dean’s Report. Also, this list does not include matching gifts.

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AIS Channels

David R. LinhardtRichard E. LittrellLaura Dysart MarcyKellie J. Rath MartinLaura Hays Mossman & Scott G. MossmanElizabeth M. Nelson-Reusch & Robert G. ReuschDara M. NorwoodMatthew C. Paquette & Amy C. PaquetteAlysha M. PhillipsTerrence E. Putney & Mary L. PutneyAnne M. QuinnJack H. Redwine & Jonya Wallace RedwineWilliam M. Repplinger, IIIBlaine E. Sampson & Peggy SampsonJennifer Mitchum ScottAdam B. SefchickSteven G. Seigel & Jo Ann SeigelJames C. Shay & Concetta M. ShayHeather Miller ShominAdam J. SipeJennifer Schmisseur Slater & Jeff J. SlaterJanice E. Steffen & Craig O. SteffenMarcell Coots Teehee & David W. TeeheeLois M. ThayerAndrew M. VinciguerraDarrell J. Vohs & Amelia VohsNicholas S. WalkerRob J. Werling & Courtney Keating WerlingBenjamin M. Westerman

DonoRS(Gifts to $99)Kenneth L. AndersonAndrew A. Backhus & Ashley K. BackhusMuriel Wood BeaverJoel D. Benninghoff & Kimberly S. BenninghoffR. Craig Buller & Mary Knabe BullerKarin Hampton Cernik & Dennis C. CernikThomas C. ChapmanBenjamin G. CindrichJohn T. Cole IIWilliam R. Dickinson & Kathleen R. DickinsonJohn A. DolphinGeorgio S. EfpraxiasCindy Frost GauertKaren Dittmer Graziano & Frank G. GrazianoRonald J. Harden & Margaret Languille HardenRex J. HillMonica E. HoffmanSteven L. HullMartha Lorena Irvine & Jeremy R. IrvineRonald R. KimbleStacey A. LeeBernard R. Malkmus & Donna Sanner MalkmusRuby Southwood Mayrath & Ned N. MayrathLarry A. McCueLarry J. McCue & Jane Lefebvre McCueTerrence E. McMahon Jr.Kathleen S. Myhre & Lloyd I. MyhreWilliam A. Peterson & Debra L. PetersonLisa Gomez Reid & William H. Reid, IIILaurette Book RutterTuija K. Schmidt & Michael J. SchmidtAnn M. SimmsElaine K. SmithFrank G. Tokic & Mary Cay TokicMichele M. WalkerBrian D. Weiden & Angela S. WeidenScott A. Wells & Tamera Davis WellsAudrey D. WrenLaura M. Zellers & Jeremy R. Zellers

oRGAniZATionS ($25,000 or above)Ernst & Young Foundation

oRGAniZATionS ($10,000-$24,999)Deloitte FoundationKPMG Foundation

oRGAniZATionS (Under $10,000)Abbott Laboratories FundAccounting & Advisory Services P.A.AdKore Staffi ng Group, LLCAon FoundationThe Bank of America FoundationBKD, LLPBlue Cross and Blue Shield of Kansas CityBoeing Company BDS WichitaBrooklyn Ridge RanchConocoPhillips CompanyDeloitte & ToucheDole Food Company, Inc.DST Systems, Inc.Education Fdn. of the Kansas Society of CPAs, Inc.Ernst & Young LLPGrant Thornton FoundationGrant Thornton LLPThe H&R Block FoundationInternational Business Machines CorporationKoch Industries, Inc.KPMG L.L.P.KU EndowmentMegaForce LLCMobil Retirees Matching Gift ProgramPricewaterhouseCoopers LLPRSM McGladrey, Inc.Security Benefi t Group of CompaniesSprint FoundationSPX FoundationUnion Pacifi c CorporationUnion Pacifi c Fund for Effective GovermentWynant Consulting GroupYukon Wealth Management Inc.

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BKD

Blue Cross Blue Shield

Deloitte.

Ernst & Young

1st Global

Grant Thornton

Kennedy & Coe

KPMG

PricewaterhouseCoopers

RSM McGladrey

Union Pacifi c Corporation

AIS chAnnelS SponSoRSAccounting and Information Systems and the KU School of Business gratefully acknowledge the gifts from the following sponsors, whose contributions helped make this publication possible.

AIS Channels

AIS Channels

AdvISoRy councIl 2011-2012EXECuTiVE CoMMiTTEE

John Anderson, ChairBruce Snyder, Vice-ChairJohn Sweeney, AIS DirectorTony BatmanJohn CadwaladerHoward CohenBarbara CuiteMark FortinoJason MartinBill PickertMichael Shonka

MEMbERS

John F. AndersonChief Information OfficerShook, Hardy and Bacon, LLPKansas City, Missouri

Stephen “Tony” BatmanCEO1st GlobalDallas, Texas

Mike BernardAssistant General AuditorUnion Pacific CorporationOmaha, Nebraska

Wayne BoeckmanPresident & CEOQuick-Way StampingEuless, Texas

Eric BurChief Financial OfficerPerceptive SoftwareShawnee, Kansas

John CadwaladerCEOWIT, Inc.Overland Park, Kansas

Kimberly Carl-CookeAERS DirectorDeloitteKansas City, Missouri

Jeff CarlstedtPartnerMayer Hoffman & McCann P.C./CBIZLeawood, Kansas

Howard CohenAERS Partner in ChargeDeloitte.Kansas City, Missouri

Barbara CuitePresident and OwnerCuite & AssociatesTulsa, Oklahoma

Cathleen CurlessSchool of Business facultyLawrence, Kansas Mark A. FortinoExec. Vice President & CFOBank of Blue ValleyOverland Park, Kansas

Ross FrankenManaging Dir., Tax ServicesRSM McGladrey, Inc.Kansas City, Missouri

Charles HarrisPartnerRubinBrown LLPOverland Park, Kansas

Patrick KaufmanChief Financial OfficerKansas Athletics, Inc.Lawrence, Kansas

Tony KaufmanControllerFlint Hills ResourcesWichita, Kansas

Darin W. KempkePartnerKPMGPhiladelphia, Pennsylvania

Stephen M. KovzanChief Financial OperationsNIC, Inc.Olathe, Kansas

Kasey M. LobaughPrincipalDeloitte ConsultingKansas City, Missouri

Lance LutherPartnerAccentureOverland Park, Kansas

Jason K. MartinVice President, Risk Mgt AsurionKansas City, Missouri

William R. Morton Jr.Chief Financial OfficerThe Federal Savings BankOverland Park, Kansas

Greg PaynePartnerGrant ThorntonKansas City, Missouri

Bill PickertPartnerBKDWichita, Kansas

Terrance PutneyCEOAccounting Transition Advisorys, LLCOverland Park, Kansas

Jack RedwinePartner (Ret.)AccenturePrairie Village, Kansas

David RudicelPartnerPricewaterhouseCoopersKansas City, Missouri

Gregg RuppPrincipleFree State Consulting ServicesLawrence, Kansas

Robert SchusterMember in ChargeKennedy & CoeTopeka, Kansas

Michael ShonkaExecutive VP & CFO (Ret.)Cessna Aircraft CompanyWichita, Kansas

Bruce E. SnyderPartnerErnst & YoungKansas City, Missouri

Kevin SparksSr. VP, Chief Strat and Info OfficerBlue Cross Blue Shield of KansasKansas City, Missouri

James StilleyVP– Business OperationsSprint Nextel CorporationOverland Park, Kansas

Calvin J. StolleExecutive VP and CFOAscension InsuranceKansas City, Missouri

Angela WeidenCFO/Manager DirectorAdamsGabbert, LLCOverland Park, Kansas

Mark WilkersonPartnerBKDKansas City, Missouri

ASSoCiATE MEMbERS

Kirt BocoxSr. Tax ManagerKPMGOrlando, Florida

Brian ClarkSr. ManagerDeloitte.Kansas City, Missouri

Jeanne ClineSr. ManagerErnst and YoungKansas City, Missouri

Adam CollyerManagerMarksNelsonKansas City, Missouri

David DummermuthSr. ManagerKPMGKansas City, Missouri

Kyri GorgesMgt, Campus RecruitingKPMGKansas City, Missouri

Josh JohnsonMgr, SEC Reporting/Acct ResearchCollective Brand, Inc.Topeka, Kansas

Krista JohnsonSenior Finanacial Analyst-TaxTerraconKansas City, Missouri

Laura MossmanTax SupervisorBKDKansas City, Missouri

David SanchezDirector, Risk Assurance ServicesPricewaterhouseCoopersKansas City, Missouri

Adam SefchickSr. ManagerGrant ThorntonKansas City, Missouri Paul StephensTax Sr. ManagerErnst & Young Kansas City, Missouri

Kimberly WellsTax ManagerFreightquote.comKansas City, Missouri

Ryan WernerDir. of External ReportingArchstoneKansas City, Missouri

President of Beta Alpha PsiPresident of ISAK MAcc Student Representative

19

Keep in touch with the Ku School of business, alumni, faculty,and staff through our social networking groups.

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AIS Channels is published annually by the University of Kansas School of Business for its alumni and friends.

cRedItS

faculty EditorLisa Ottinger

Director of CommunicationsToni Dixon

Communications CoordinatorAustin Falley

WritersDan DutcherAustin Falley

Ann Margret MontemayorStephanie Stoss

PhotographyAnn Dean

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Recycled PaperPlease recycle this publication.

COVER PHOTO: MAcc students study abroad in Costa Rica

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Bob Schuster, AIS alumnus and general practice leader of Kennedy and Coe LLC, new chair of Kansas Society of CPAs

Your fi nancial support has been vital to our history of excellence. Your support makes the difference in our school and in the lives of our faculty and students.

If you have questions about how to make a gift in support of our students, faculty or programs, please contact:

Brian MooreDirector of DevelopmentSchool of BusinessKU Endowment Association785-832-7461bmoore@kuendowment.org

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The 2011 edition of AIS Channels received a Platinum MarCom Award for excellence in higher education publications