Monday, June 16, 2008
USI accounting team wins national competition
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A team of accounting students from USI has won first place in the national Student Case Competition sponsored by the Institute of Management Accountants. Other teams in the final round of competition represented Rider University in New Jersey, Wright State University in Ohio, and Western Illinois University in Illinois. The teams made their presentations in the competition June 15 at the 89th IMA Annual Conference and Exposition in Tampa, Florida. This was the third straight year for a USI College of Business team to qualify for the national finals. As a competitor in the “final four,” the USI team received an award of $3,000. As winner, the team received an additional $2,000. USI team members were accounting majors Andy Dill of Princeton, Indiana; Brad Greene of Georgetown, Indiana; Angela King of Santa Claus, Indiana, and Amy Oglesby of Galatia, Illinois. Faculty sponsors were Dr. Brian McGuire, chair of the Department of Accounting and Business Law and professor of accounting, and Jeanette G. Maier-Lytle, instructor in accounting. Teams from universities throughout the country entered the first round of IMA competition. To qualify for the finals, each team prepared a 15-minute DVD presentation and submitted it for blind judging. Four teams were chosen to make live presentations in the final round. In the finals, each team’s 15-minute presentation was followed by a single common question from the judges. The case for the 2008 competition required the students to develop accounting processes that would provide the leaders of a nonprofit organization with useful information for decision support, planning, and control. Judges chose the finalists based on technical content and presentation skills exhibited in the video. Judges were selected from industry and academia across the country. Three students on the team that competed in Tampa have experience on other award-winning USI accounting teams. Oglesby was a member of the IMA competition team for the second year and also was on the 2006 and 2007 USI teams that took first place in the Indiana CPA Society (INCPAS) Case Study Competition. Greene and King also were on the 2007 team in the INCPAS competition. The USI College of Business team has won that competition four straight years. Dill completed a post-baccalaureate certificate in accountancy in May. He also holds a bachelor’s degree in psychology and a master’s in business administration from USI. The USI team was recognized at IMA’s 2008 Academic and Student Awards Recognition Luncheon following the competition and will be honored again at the organization’s annual dinner on June 18. The Student Case Competition is sponsored annually by IMA to promote sound financial/accounting analysis and presentation skills. IMA is an organization for management accounting and finance professionals. It has about 70,000 members worldwide. Betty Vawter News and Information Services bvawter@usi.edu |
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