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Friday, October 27, 2006

Accounting team is finalist in state competition


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A team of accounting students from the University of Southern Indiana College of Business has been selected as one of six teams from Indiana universities that will give oral presentations November 3 in Indianapolis as finalists in the Indiana CPA Society Case Study Competition.

The USI team has won the statewide competition the past two years. USI has competed for six years, placing among the final six teams in five of the six years.

This year’s team includes May Flores of Newburgh, Indiana; John Hayden of Evansville; Adam Knepp of Montgomery, Indiana; and Amy Oglesby of Galatia, Illinois. Jeanette Maier-Lytle, USI instructor in accounting, is faculty coach for the team. Flores was a member of last year’s winning team.

Donovan Sexton and Andrew Eddmenson of USI’s 2004 and 2005 teams, respectively, also advised this year’s team.

Other teams in the finals represent Butler University, Indiana University-Purdue University Indianapolis, Manchester College, Purdue University-Calumet, and Valparaiso University.

Teams from Indiana University-Bloomington, Indiana-Purdue Fort Wayne, Saint Mary’s College, University of Indianapolis, and University of Notre Dame also entered the competition.

Each team had 10 days to prepare a written case study relating to the peer review process. The finalists were selected after evaluation of the written cases. Each team in the finals will give a 15-20 minute oral presentation to a panel of four judges. A brief question and answer session will follow.

Awards will be presented following the competition at the CPA Celebration at Union Station in Indianapolis.

According to the Indiana CPA Society, the objective of the competition this year is to challenge the students with a practical project requiring them to use their knowledge, skills, and judgment in creating value in the peer review process for firms, clients and third party users.




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