3 PwC x-Act Competition Accounting Scholars Program - Saint Louis ...

Beta Alpha Psi - cont.
The Zeta Nu Chapter of Beta Alpha Psi was
named the Business School Organization of the
Year (2011) at John Cook School of Business
11th Annual Student Recognition Ceremony.
The chapter’s treasurer, Zhiyao (Sophie) Ding,
was named as an Outstanding Student Organization
Member. The chapter’s faculty advisor is Ms.
Debbie Pike. The chapter’s officers for 2010-2011
include:
• Mary Renee DuFaux , President
• Jack Mulhall, Vice President
• Allison Hopke, Reporting Secretary
• Xia Wang, Corresponding Secretary
• Zhiyao Ding, Treasurer
• Bill Blase, Webmaster
The chapter’s officers for 2011-2012 are:
• Matt Shelly, President
• Jack Mulhall, Vice President
• Taoran Li, Reporting Secretary
• Lan Chen, Corresponding Secretary
and Webmaster
• Yingzhen Zhu, Treasurer
• Sophie Ding, Transitional Treasurer
Please mark your calendar for the following
upcoming events for BAP in fall 2011:
• Annual Trivia Night on Wednesday,
November 2
• Fall Initiation Banquet on Friday, December
9th
PwC x-Act Competition
Saint Louis University participated in the PwC xACT (xTREME Accounting) campus competition
in 2009 and 2010. The xTREME Accounting campus competition features real world decision
making, communication and presentation, and team collaboration. Mr. Neil Jansen served as the SLU
campus coordinator. 15 and 11 SLU teams took part in the xACT competition in 2009 and 2010,
respectively. The judges from PwC were impressed with the high level of participation and enthusiasm
of SLU students. The winning team on SLU campus in 2009 is David Armbrust, John Kinsella, John
Thomas, Joanna Joye, and Justin Schlueter, with Dr. John Keithley as the faculty advisor. The winning
team on SLU campus in 2010 is Jack Brentin, Amy Collmeyer, Nicole Pour, Steve Shin, and Natalie
Taylor, with Ms. Debbie Barbeau as the faculty mentor.
Dr. Keithley and winning team in 2009
2010-2011 BAP Reporting Secretary (Allison
Hopke) and President (Mary Renee DuFaux) at the
BAP Annual Meeting in San Jose in August 2010
2011-2012 BAP President (Matt Shelly) and
Reporting Secretary (Taoran Li) at the BAP Annual
Meeting in Denver in August 2011
Accounting Scholars
Program
The Accounting Scholars program allows eligible
students to be accepted to Saint Louis University’s
Integrated Accounting Program during
their junior year. This program is available only
to entering freshmen students whose high school
scholastic achievement and admission test scores
demonstrate superior academic success. Accounting
Scholars who complete the program requirements
are guaranteed a seat in Saint Louis University’s
Integrated Accounting Program and will
be given priority consideration for graduate level
scholarships. During 2010, four new students
were admitted into the program. For more information
on the Accounting Scholars Program,
please visit: http://www.slu.edu/Documents/
business/accounting/ACCOUNTINGSCHOL-
ARSPROGRAM.pdf.
MACC Receptions & Mtgs- cont.
• On November 18, 2010, the accounting
department held a Town Hall meeting for
accounting majors to provide information and
answer questions about the CPA exam. Ms. Susanne
Doran from Becker Review attended the
meeting.
• On September 9, 2010, the accounting
department hosted a breakfast reception to welcome
new and returning MACC and Integrated
Accounting students in the Boeing Lounge. Besides
the students, most accounting faculty members
and two advisory board members, Mr. Tom
Hilton and Mr. Mike Sindelar, also attended the
reception. The students enjoyed the interaction
with the faculty and the board members.
• On March 25, 2010, the accounting
department held a Town Hall Meeting for
accounting seniors and MACC/Integrated Accounting
students. The purpose of the meeting
was to acquaint the students with employment
opportunities with the IRS and specifically, openings
for several Co-Op students to be trained as
Appeals Officers through the IRS Student Career
Experience Program. With this program, if the
co-op student does well he will be converted to a
full-time Appeals Officer upon graduation. The
students will be eligible for benefits from their
start date and work closely with their manager.
• On October 15, 2009, Dr. Ananth
Seetharaman, Dr. Jack Kissinger, and Dr. Yan Sun
had a breakfast meeting with non-SLU MACC
students in Bannister House.
• On September 16, 2009, the accounting
department held its annual Town Hall Meeting
and Welcome Reception for the MACC and
Integrated Accounting Program students. The
-continued on page four
3

4
Faculty Research
Awards
Recent Faculty Publications
Scott Duellman , “Evidence on the Role of
Accounting Conservatism in Monitoring Managers’
Investment Decisions,” with Anwer S. Ahmed
(Texas A&M University), Accounting and Finance,
forthcoming.
Scott Duellman, “Auditor Independence,
Corporate Governance and Aggressive Financial
Reporting: An Empirical Analysis,” with Anwer
S. Ahmed (Texas A&M University) and Ahmed
Abdul Meguid (American University in Cairo),
Journal of Management and Governance, forthcoming.
John McGowan, “An Analysis of the Hire
Tax Act, of 2010,” with Troy Luh (Webster University),
The Tax Adviser, November 2010.
John McGowan, “The Effect of IFRS Implementation
on Tax,” The Tax Adviser, December
2009.
John McGowan, “New Rules and Penalties
Could Land Tax Practitioners in Jail,” The CPA
Journal, May 2009.
Ananth Seetharaman, Yan Sun, and Weimin
Wang, “Tax-Related Financial Statement Restatements
and Auditor-Provided Tax Services,” Journal
of Accounting, Auditing and Finance, forthcoming.
Weimin Wang, “The Timing of Insider
Trades around Earnings Announcements: Evidence
from CEOs, CFOs, and COOs”, with
Yong-Chul Shin (University of Massachusetts at
Boston), International Review of Accounting,
Banking and Finance, 2011.
Weimin Wang, “Are CFOs’ Trades More Informative
than CEOs’ Trades,” with Yong-Chul
Shin (University of Massachusetts at Boston) and
Bill Francis (Rensselaer Polytechnic Institute),
Journal of Financial and Quantitative Analysis,
forthcoming.
Weimin Wang, “Abnormal Accruals, Insider
Trading, and the Break of a Good Earnings
String”, with Yong-Chul Shin (University of Massachusetts
at Boston), Journal of Business and
Economic Studies, forthcoming.
Recent Conference Presentations
Ananth Seetharaman, Yan Sun, and Weimin
Wang, “Tax-Related Financial Statement Restatements
and Auditor-Provided Tax Services,”
American Accounting Association 2009 Annual
Meeting, New York, NY.
Scott Duellman, “Auditor Competition, Auditor
Independence, and the Quality of Financial
Statements,” with David G. Harris (Syracuse University),
American Accounting Association 2010
Annual Meeting, San Francisco, CA.
Scott Duellman, “Audit Committee Financial
Expertise and Insider Trading,” with Jun Guo,
Yan Zhang, and Nan Zhou (State University of
New York at Binghamton), International Symposium
on Audit Research, 2011, Quebec City,
Canada.
Yan Sun, Frank Wang, and Weimin Wang,
“Shareholder Activism, Earnings Management,
and Insider Trading,” with William Zhang
(McGill University), Canadian Academic Accounting
Association 2011 Annual Meeting, Toronto,
Canada.
Ananth Seetharaman and Frank Wang, “Accounting
Expert Appointments, Equity Incentives,
and Non-GAAP Reporting,” with William
Zhang (McGill University), American Accounting
Association 2010 Annual Meeting, San Francisco,
CA, and Canadian Academic Accounting
Association 2010 Annual Meeting, Vancouver,
Canada.
Ananth Seetharaman, Helen Hurwitz, and
Frank Wang, “Discontinued Operations, Equity
Incentives, and Investor Trading,” Canadian
Academic Accounting Association 2011 Annual
Meeting, Toronto, Canada.
Frank Wang, “Governance Mechanisms, Incentive
Alignment, and Bond Market Reaction,”
with Steve Fortin (McGill University), Chandra
Subramaniam (University of Texas at Arlington),
and William Zhang (McGill University), Canadian
Academic Accounting Association 2011 Annual
Meeting, Toronto, Canada.
Recent Faculty Awards
Ms. Debbie Barbeau
Thomas M. Knapp, S.J. Distinguished
Faculty Member Award presented by the JCSB
Alumni Association, 2009
SLU Straight-A Student Athlete Faculty
Honors Luncheon Invitee, 2010
Mr. Neil Jansen
Beta Alpha Psi Teaching Excellence Award,
2010
SLU Faculty Excellence Award, 2011.
Dr. John P. Keithley
Presidential Service Award for 40 years at
SLU, 2009.
Ms. Debbie Pike
Beta Alpha Psi Outstanding Faculty Award,
2009
SLU Straight-A Student Athlete Faculty
Honors Luncheon Invitee, 2010
Student nominee for The Last Lecture Series,
2010
Beta Gamma Sigma Outstanding Teaching
Award, 2011
JCSB 2011 Service Award, 2011
SLU Faculty Leadership and Service Award
Nominee, 2011
Dr. Weimin Wang
SLU Student Government Association Faculty
Excellence Award, 2009
Beta Alpha Psi Teaching Excellence Award,
2011
MACC Receptions & Mtgs- cont.
speakers for the meeting include Jason Florek
(senior manager with KPMG), Rick Nicoletti
(partner with Ernst & Young), Gene Morgenthaler
(partner with BKD), and Mike Sindelar (partner
with PwC). All four speakers are alumni of
Saint Louis University. In their presentations, the
speakers discussed the current state and outlook
of hiring at big accounting firms, skills expected
for graduates, portability of an accounting degree,
and the importance of communication skills,
among other things. The meeting concluded with
an open question session for all four speakers.