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  • Deirdre Harris
    Urton Anderson Chosen for SEC Fellowship
    news item last edited November 2, 2011 by Deirdre Harris, tagged 2011, achievement 
    Urton Anderson Chosen for SEC Fellowship

    The Securities and Exchange Commission’s Office of the Chief Accountant has announced the selection of Urton Anderson as Academic Accounting Fellow for a one-year term beginning this summer.

    Academic Accounting Fellows serve as research resources for SEC staff by interpreting and communicating research materials as they relate to the agency. The fellows have been assigned to ongoing projects in the Chief Accountant’s office including rulemaking, serving as a liaison with the professional accounting and auditing standards-setting bodies, and consulting with registrants on accounting, auditing, independence and reporting matters.

    “The knowledge and perspective that Urton brings as a fellow from academia, including his auditing and corporate governance experience, will be of great benefit to the Office of the Chief Accountant. But more importantly, his work will benefit U.S. investors,” said James Kroeker, the SEC’s Chief Accountant.

    Mr. Anderson is Clark W. Thompson, Jr., Professor in Accounting at the McCombs School of Business at The University of Texas at Austin. He received his BA from St. Olaf College in Northfield, Minn., and his MA and Ph. D from the University of Minnesota. Mr. Anderson teaches internal auditing, introductory auditing, managerial accounting, corporate governance, and ethics/compliance. At McCombs, he also has held the positions of Associate Dean for Undergraduate Programs and Chair of the Accounting Department.

    Mr. Anderson’s research has addressed various issues in internal and external auditing – particularly auditor judgment, corporate governance, compliance, enterprise risk management and internal control. He has written four books and is one of the co-authors of the internal auditing textbook Internal Auditing: Assurance and Consulting Services. Several of these books have been translated into Spanish, Chinese, and Japanese. He has been active in the Institute of Internal Auditors and has twice served as Chair of the Internal Auditing Standards Board (2002 to 2003 and 2007 to 2010).

    Mr. Anderson will replace outgoing Academic Accounting Fellows, Shawn Davis and Saurav Dutta. Davis is from Emory University and recently received an SEC Law and Policy Award for her significant contributions on legislative issues related to the Dodd-Frank Act. Dutta is an academic fellow from the University at Albany-SUNY.

  • Judy Cothern
    Gary John Previts and Reed Storey inducted to Hall of Fame
    news item last edited October 27, 2011 by Tracey Sutherland, tagged 2011, achievement, general news 
    The Accounting Hall of Fame Elects Two Distinguished Accountants—August 8, 2011

    Columbus, OH - Two distinguished accountants were inducted into The Accounting Hall of Fame on Monday, August 8, 2011 at the American Accounting Association Annual Meeting in Denver, Colorado. The 2011 inductees are Gary John Previts, E. Mandell de Windt Professor and Distinguished University Professor at Case Western University, and Reed Karl Storey, Director of Accounting Research for the Accounting Principles Board and later Senior Technical Advisor to the Financial Accounting Standards Board.

    Honorees are selected by the Accounting Hall of Fame's international board of electors.  Eighty-eight influential and respected accountants from academe, accounting practice, government and business have been elected to the Accounting Hall of Fame since its establishment in 1950 at Ohio State University's Fisher College of Business.

  • Deirdre Harris
    Lynn Rees receives FASB 2011-2012 Research Fellowship
    news item last edited October 27, 2011 by Tracey Sutherland, tagged 2011, achievement 
    Lynn Rees Accepts FASB 2011-2012 Research Fellowship

    The Financial Accounting Standards Board (FASB) is pleased to announce that Lynn Rees, Andersen Professor of Accounting in the Mays Business School at Texas A&M University, has accepted the FASB 2011-2012 Research Fellowship, which will begin in July. Lynn earned his Ph.D. at Arizona State University and has previously served on the faculties of Washington State University and the University of Houston.

    Lynn studies factors affecting the quality of accounting information and the role of intermediaries in the interpretation of accounting information for investors in capital markets. He has published his research in many venues, including The Accounting Review, Journal of Accounting Research, Journal of Finance, and Review of Accounting Studies. Lynn also has consulted with various companies on topics such as employee stock options, security investment strategies, and financial statement analysis. Lynn is also currently the 2011 AAA Annual Meeting Program Chair. The FASB is delighted to have Lynn on board.

    Each year, the FASB selects a member of the academic community to serve as a research fellow. The Research Fellowship Program began in 2007 and is a 13-month, in-residence position at the FASB in Norwalk, CT. Unlike some other fellowship programs, the intent of the Research Fellowship Program at the FASB is to bring in an academic researcher to act as a researcher (as opposed to acting primarily in the capacity of a standard setter or regulator). The Research Fellow's charge includes the following:

    --Closing the gap between the academic and policy making communities;
    --Consulting with FASB project teams to identify existing (published and incipient) research that is relevant to the issue at hand;
    --Summarizing and communicating, in non-academic language, papers that come to the attention of Board and Staff or that the Fellow identifies;
    --Making the academic community more aware of current topics of interest to the FASB;
    --Conducting or commissioning new research to provide empirical evidence about assertions made by the FASB or its constituents

    For more information about the Research Fellowship Program, including applying to be a research fellow at the FASB, contact Phil Shane at pbshane@fasb.org or 203-956-5317.