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  • Nancy Maciag
    The Deloitte Foundation and American Accounting Association...
    news item posted April 6, 2015 by Nancy Maciag 
    The Deloitte Foundation and American Accounting Association Celebrate 50th Anniversary of Trueblood Seminars for Professors

    STAMFORD, Conn.March 30, 2015 /PRNewswire/ -- Approximately 60 accounting and auditing professionals and educators convened at the 50th annual Robert M. Trueblood Seminars for Professors, held Feb. 18-21 and March 11-14 at Deloitte University in Westlake, Texas. Hosted by the Deloitte Foundation and the American Accounting Association (AAA), the seminars provided a great opportunity for select faculty and Deloitte professionals to discuss complex accounting and auditing issues and case materials that can enhance the in-classroom experience for undergraduate and graduate students pursuing degrees in accounting.

    The program offers more than a dozen case discussions that explore various technical accounting and auditing issues facing the accounting profession today. It also features a presentation from a senior Deloitte leader and an update on current standard setting issues from the FASB.

    "We are so proud to be celebrating 50 years of the Trueblood Seminars," said Carol Lindstrom, president of the Deloitte Foundation. "These seminars enable accounting practitioners and educators to have a meaningful conversation about the state of the profession and current business environment. The Trueblood cases play a key role in helping to enrich the academic experience for thousands of accounting students across the U.S. by bringing real-world scenarios to the classroom."

    Faculty representatives of the Trueblood Seminars Planning Committee, including Co-Chairs Yonca Ertimur of the University of Colorado-Boulder and Erin Nickell of the University of Denver, developed this year's agenda. Other committee members included:Denise Hanes Downey (Villanova University), Sarah Stein (Virginia Polytechnic Institute and State University), Dan Wangerin (Michigan State University), Donnie Young (Georgia Institute of Technology), and Kathy Shoztic (Deloitte Foundation).

    Following the seminars, faculty participants are able to share these cases with students, engaging them in discussions and further developing their critical thinking skills. The Deloitte Foundation's Trueblood Case Study Series includes approximately 50 accounting and auditing cases and is available online for faculty use. For more information on the cases, please visithttp://www.deloitte.com/us/truebloodcases.

    About the Trueblood Seminars
    The Robert M. Trueblood Seminars have been held annually since 1966 under the auspices of the Deloitte Foundation. In 1975, the AAA joined the Deloitte Foundation in administering the seminars. Through the years, more than 2,200 professors have attended the program.

    About the Deloitte Foundation 
    The Deloitte Foundation, founded in 1928, is a not-for-profit organization which supports education in the U.S. through a variety of initiatives that help develop the talent of the future and their influencers and promote excellence in teaching, research and curriculum innovation. The Foundation sponsors an array of national programs relevant to a variety of professional services, benefitting middle/high school students, undergraduates, graduate students and faculty. For more information, please visit the Deloitte Foundation web page at www.deloitte.com/us/df.  

    About the American Accounting Association
    The American Accounting Association is the largest community of accountants in academia. Founded in 1916, it has a rich and reputable history built on leading-edge research and publications. The diversity of the membership creates a fertile environment for collaboration and innovation. Collectively, AAA members shape the future of accounting through leading-edge research, education, publications and a powerful network, ensuring their position as thought leaders in accounting. Learn more about the AAA athttp://aaahq.org.

    As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries.  Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

  • Nancy Maciag
    The Deloitte Foundation Announces Recipients of the 2015...
    news item posted March 6, 2015 by Nancy Maciag 
    $250,000 in grants awarded to 10 Ph.D. candidates

    The Deloitte Foundation Announces Recipients of the 2015 Doctoral Fellowships in Accounting

     $250,000 in grants awarded to 10 Ph.D. candidates 

    WILTON, Conn., Feb. 12, 2015— The Deloitte Foundation has awarded $25,000 grants to 10 top accounting Ph.D. candidates through the Deloitte Foundation’s annual Doctoral Fellowship program. Given to students who plan to pursue academic careers upon graduation, the award will support the 2015 recipients’ final year of coursework and the subsequent year to complete their doctoral dissertation.  

    This year’s recipients and the institutions they attend are:

    • Scott A. Emett, Cornell University
    • Kurt H. Gee, Stanford University
    • Lisa A. Hinson, University of Georgia
    • Eric R. Holzman, Indiana University
    • Seil Kim, New York University 
    • Ethan C. Rouen, Columbia University
    • Mani Sethuraman, Duke University
    • Kristen G. Valentine, The University of Texas at Austin
    • Roger McNeill White, Emory University 
    • Devin J. Williams, University of Florida

    “The Deloitte Foundation has supported more than 1,000 accounting Ph.D. candidates since the program’s inception in 1956,” said Carol Lindstrom, president, Deloitte Foundation. “This program plays a key role in helping to increase the pipeline of faculty who are preparing the next generation of business leaders. Congratulations to this year’s highly talented recipients.”

    Each year, approximately 100 universities are invited to apply for the fellowship. Student applicants are nominated by the accounting faculty of their school. A selection committee composed of four eminent accounting educators chose this year’s recipients. 

    About the Deloitte Foundation 

    The Deloitte Foundation, founded in 1928, is a not-for-profit organization that supports education in the U.S. through a variety of initiatives that help develop the talent of the future and their influencers and promote excellence in teaching, research and curriculum innovation. The foundation sponsors an array of national programs relevant to a variety of professional services, benefitting middle/high school students, undergraduates, graduate students and faculty. For more information, please visit the Deloitte Foundation web page at www.deloitte.com/us/df. 

    As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

    Contact:  

    Amy Gautschi - Deloitte Public Relations.  617-585-4980  agautschi@deloitte.com

  • Deirdre Harris
    The Deloitte Foundation Recipients of 2014 Doctoral...
    news item posted February 25, 2014 by Deirdre Harris, tagged 2014, achievement 

    The Deloitte Foundation Announces Recipients of the 2014 Doctoral Fellowships in Accounting

    $250,000 in grants awarded to 10 Ph.D. candidates

    WILTON, Conn., Feb. 11, 2014—The Deloitte Foundation has awarded $25,000 grants to ten top accounting Ph.D. candidates from the Deloitte Foundation’s annual Doctoral Fellowship program. Given to high performing accounting doctoral students who plan to pursue academic careers upon graduation, the award will support the 2014 recipients’ final year of coursework and the subsequent year to complete their doctoral dissertation.

    This year’s recipients and the institutions they attend are:
    • Jeremiah W. Bentley, Cornell University
    • Nicole L. Cade, University of Washington
    • Cassandra Estep, University of Illinois-Urbana Champaign
    • Michele Frank, University of Pittsburgh
    • Allison K. Nicoletti, The Ohio State University
    • Kari J. Olsen, University of Southern California
    • Daniel A. Saavedra Lux, Massachusetts Institute of Technology
    • Steven Savoy, University of Iowa
    • Yu Ting (Forester) Wong, Columbia University
    • Christopher G. Yust, University of Texas at Austin

    “Since 1956, the Deloitte Foundation has proudly awarded fellowships to more than 1,000 accounting Ph.D. candidates,” said Carol Lindstrom, president, Deloitte Foundation. “Since the fellows aim for careers in academia, the program plays a crucial role in contributing towards a pipeline of highly-skilled, qualified accounting faculty on campuses to educate our profession’s next generation of talent and leaders. I congratulate all of the 2014 Fellowship recipients.”

    Each year, approximately 100 universities are invited to apply for the Fellowship. Student applicants are nominated by the accounting faculty of their school. A selection committee composed of four eminent accounting educators chose this year’s recipients.

    About the Deloitte Foundation The Deloitte Foundation, founded in 1928, is a not-for-profit organization which supports education in the U.S. through a variety of initiatives that help develop the talent of the future and their influencers and promote excellence in teaching, research and curriculum innovation. The Foundation sponsors an array of national programs relevant to a variety of professional services, benefitting middle/high school students, undergraduates, graduate students and faculty. For more information, please visit the Deloitte Foundation web page at www.deloitte.com/us/df.

    About Deloitte
    As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
    News Release

  • Deirdre Harris
    Task Force Finalizes Curriculum to Bridge ‘Skills Gap’1
    news item posted January 22, 2013 by Deirdre Harris, tagged 2013, general news 
    January 15, 2013

    Two thought leaders in accounting education, IMA® (Institute of Management Accountants) and AAA’s (American Accounting Association) Management Accounting Section (MAS), are working to bridge the gap between the skills currently provided in accounting education and those required in practice. Ultimately, these skills translate to greater business performance and shareholder protection.

    The IMA-MAS Curriculum Task Force presented its initial recommendations on January 12 at the 2013 Management Accounting Section Research and Case Conference in New Orleans, La. The presentation featured a transformational integrated accounting educational framework relevant to all accounting students.

    “This achievement reflects IMA’s longstanding commitment to education reform and to addressing the talent shortage in management accounting,” said Raef Lawson, Ph.D., CMA®, CPA, IMA vice president of research, who serves as Task Force chair. “Accounting curricula must embrace how accountants today add organizational value in a variety of organizational settings, including content on strategy formulation and analysis, planning, and execution.”

    The task force’s charge of developing a comprehensive integrated educational framework is responsive to recommendations made by the Pathways Commission, on which IMA has a representative. The Commission was formed in 2010 as a joint initiative between AAA and the American Institute of Certified Public Accountants to study the future of accounting education.

    IMA’s research initiatives aimed at addressing the skills gap date back to 1986 with its contributions to the AAA’s Bedford Report, “Future Accounting Education: Preparing for the Expanding Profession,” which examined accounting education and found a severe gap between what accounting educators teach and what organizations need from their accounting and financial staff.

    To access Dr. Lawson’s presentation from the conference, visit: http://bit.ly/XyruKt.

    About IMA® (Institute of Management Accountants)

    IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 65,000 members in 120 countries and 200 local chapter communities. IMA provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; and Beijing, China. For more information about IMA, please visit www.imanet.org.

    About AAA (American Accounting Association)

    The American Accounting Association is the largest community of accountants in academia. Founded in 1916, we have a rich and reputable history built on leading-edge research and publications. The diversity of our membership creates a fertile environment for collaboration and innovation. Collectively, we shape the future of accounting through leading-edge research, education, publications, and a powerful network, ensuring our position as thought leaders in accounting. For more information about the AAA, please visit http://aaahq.org

    Recent Comments (1 of 1)

  • Deirdre Harris
    Richard G. Brody Elected to ACFE Board of Regents
    news item posted January 22, 2013 by Deirdre Harris, tagged 2013, achievement, general news 
    UNM Accounting Professor Brody Elected to ACFE Board of Regents

     

    The Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization and premier provider of anti-fraud training and education, has announced that Richard G. Brody, Ph.D., CFE, CPA, has been elected to the ACFE Board of Regents.

    Brody is the Douglas Minge Brown Professor of Accounting at the University of New Mexico and a Daniels Fund Business Ethics Fellow. He is a prolific author and an expert on fraud, and was honored as the ACFE’s 2012 Educator of the Year.

    Brody and another newly elected regent, Bruce G. Dubinsky, M.S., CFE, CPA, will begin their two-year terms when they take office at the board’s Feb. 19-20, 2013 meeting at the ACFE headquarters in Austin, Texas.

    Elected by Certified Fraud Examiners (CFEs) worldwide, members of the ACFE Board of Regents are responsible for setting membership standards that promote professionalism and ensure the future of fraud examination as a whole. They have authority over the admission of members, continuing professional education and ethics requirements, and all other matters necessary to maintain the high standards of the ACFE.

    Brody earned his doctorate in accounting from Arizona State University and previously worked as a staff auditor for Deloitte Haskins + Sells as a cost analyst for Hewlett Packard and as a senior financial reporting analyst for Tandem Computers.

    Brody has authored or co-authored more than 80 refereed publications and has made more than 100 presentations at national and international conferences and seminars. He served on a panel, “It may be legal, but is it ethical?” at the 23rd Annual ACFE Fraud Conference & Exhibition, and has been on the editorial advisory committee for Fraud Magazine since 2007.

    Brody serves as an expert witness and has experience in both civil and criminal cases. He has worked with the U.S. Secret Service, the U.S. Department of Justice, the New Mexico Attorney General’s Office and the Second Judicial District Attorney’s Office in New Mexico.

    About the Association of Certified Fraud Examiners

    The ACFE is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with nearly 65,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. For more information about the ACFE, visit ACFE.com

  • Deirdre Harris
    Michael Kraten on LIBOR, Accounting and the Public Interest11
    news item posted November 13, 2012 by Deirdre Harris, tagged 2012, general news 
    Michael Kraten on Libor, Accounting and the Public Interest

    Since the London interbank offered rate (LIBOR) scandal was brought to light months ago, Michael Kraten’s research work has been an important source of information for high-profile media sources including: Bloomberg Businessweek, The Economist and The Wall Street Journal. Even the UK House of Commons discussed the study.

    Rosa M. Abrantes-Metz, Michael Kraten, Albert D. Metz and Gim Seow co-authored “LIBOR Manipulation?”. The authors used their combined expertise in forensic accounting, econometric tools and capital markets to analyze the Libor rates for their article written in 2008.

    “We found that there were unusual patterns in the way that individual banks were submitting quotations that were being utilized to calculate LIBOR. There should be a fair amount of randomness; we failed to see those periods of randomness for an extended amount of time,” Kraten said.

    There were periods of time when the quotations would not fluctuate at all, not even by even a tiny basis point or two. The rate should reflect the banks’ underlying financial strength, which varies day by day, he said.

    There were other periods of time when the rate would fluctuate but not in the direction that the business environment would predict that it would fluctuate, said Kraten. For instance, in the middle of the financial crisis, when global financial markets were doing poorly, the rate would show that the banks were actually strengthening financially.

    The authors made it clear that they did not have proof. There was no way they could look at the quotations and know if the banks were having secret discussions, Kraten said. At the time the academic authors found trends in the data that raised the question whether price fixing might be occurring. They were concerned that there might be illegal manipulation going on based on their quantitative analysis.

    In 2010, Kraten presented their findings at the Public Interest Section’s midyear meeting, which helped increase exposure.

    Fast forward to mid-2012, when news broke that American regulatory agencies found certain email messages from global financial company, Barclays, that did indicate illegal conversations were occurring.  

    It was an American regulator called the Commodities Futures and Trading Commission (CFTC) that went public with the scandal by declaring Barclays guilty of manipulation of the rate and enforcing a $450 million dollar fine.

    On June 28, 2012, Ben Gummer, a member of the UK House of Commons, mentioned a paper circulated around New York University that “raised the issue of manipulation of LIBOR.” You can read the transcript HERE under column 480. 

    “What I suspect happened is that our paper here was first revealed, or first disclosed, if you will, on the floor of the House of Commons during this parliamentary debate, and then people started to ask questions, curiously, about what this paper was, who wrote it and what it said,” said Kraten.

    Colleagues encouraged Kraten to go on the record with recommendations. Kraten co-writes a blog with his wife, Maureen Kraten. The blog is called AQPQ. Micheal Kraten wrote a blog entry called “LIBOR and the Public Interest” and made two recommendations. He said the numbers should be audited, and Britain may want to create a government oversight agency that is similar to the PCAOB to oversee the accounting and the auditors.

    Four days after Kraten’s blog entry posted, Brian Mairs of the British Bankers’ Association (BBA) posted a comment on the blog stating that Kraten had a factual error in his blog post. The BBA collects data and manages the calculation of the LIBOR rate. Mairs wrote that Kraten had stated that the BBA sets LIBOR. Kraten replied that he never said that the BBA sets the rate, and he agrees that the BBA obtains the information from other banks.

    The Federal Reserve Bank of New York released a series of letters between Treasury Secretary Timothy Geithner, head of the Federal Reserve Bank of New York at the time, and Bank of England Governor Mervyn King, proving that the American government knew about problems with LIBOR in 2008. Privately, Geithner gave a set of six major recommendations including that independent accountants needed to audit the Libor rate.

    “As far as I knew, I was the first person to publicly call for external auditors auditing the LIBOR rate. As it turns out, the treasury secretary was privately calling for the same thing for the last four years,” Kraten said.

    We now know that there was significant correspondence between the major American and British regulators. Geithner says that because it was a British matter under British jurisdiction all he could do was bring his concerns to the Bank of England’s attention and make recommendations. King’s response is that Geithner only gave recommendations and observations without any proof of wrongdoing.

    Kraten speculates that they felt that coming out publicly during the financial meltdown with this major global scandal could have shattered public confidence in the banking system.

    Colleagues have asked Kraten if he has spoken with regulators or received offers to speak at banking trade association conferences, but he had not engaged in any conversations with regulators prior to this interview.

    “We are trying as hard as we can to keep the issue alive, to keep our recommendations alive, and to move forward from simply being able to identify that there was a problem, which is what we did in our original paper, to trying to get people to hear our prescriptive solutions that we are proposing.”

    Kraten said that as “guardians of the public trust” it is important for the members of the American Accounting Association to focus on the question: “What should we do to proactively reform the system so that it is operating in the public interest?”

    Michael Kraten is the luncheon speaker for the Public Interest Section Mid-Year Meeting in New Orleans in March 2013.

    -- Lindsay Peters, AAA

  • AAA HQ
    Dave Albrecht Named to AccountingToday's Top 100 Most...
    news item posted September 12, 2012 by AAA HQ, tagged 2012, achievement 
    AccountingToday Special Issue 2012: The Top 100 People: Always a work in progress

    Each year the Editors of AccountingToday make a list of the people they believe play the biggest roles in the ongoing work that is the accounting profession. This year one of the AAA's members has the honor to be included in that list. Congratulations are in order for Dave Albrecht!

    Dave Albrecht
    Professor of accounting, University of South Carolina Upstate

    Through his blog, “The Summa,” Albrecht has an impact on issues like IFRS and accounting education — but he’s also influencing and promoting the profession’s adoption of social media as a whole.

  • Deirdre Harris
    Richard Brody Named ACFE Educator of the Year
    news item posted August 23, 2012 by Deirdre Harris, tagged 2012, achievement, general news 
    University of New Mexico Professor Richard Brody Honored at ACFE

    The Association of Certified Fraud Examiners (ACFE) is hosting its annual conference in Orlando, FL this week.  One of the awards it will be handing out will go to University of New Mexico (UNM) professor Richard Brody who is to receive its Educator of the Year award.

    The award is presented to an ACFE Educator member who has made an outstanding contribution in anti-fraud education.  In a press release from UNM, Dr. Craig White, Chair of the Anderson Accounting Department at UNM said, “He [Brody] has created awareness and excitement among our students on the issue of fraud detection and prevention.”  Brody is preparing tomorrow’s accountants with the tools to not only be investigators of fraud, but also professionals that prevent fraud from occurring int he first place.

    UNM, located in Albuquerque, NM, is situated near the FBI’s Regional Computer Forensic Lab (RCFL).  The lab has proved to be a good learning opportunity for students that are part of the university’s Information Assurance program, a study in the area of computer forensics.  The curriculum, which consists of students from both accounting and management information systems, includes using computer programs to uncover fraud related to money laundering, analyzing digital forensics and developing systems to prevent fraud.

    “I’m all about prevention,” said Professor Brody in a recent interview.  ”At UNM we have a program where our students do an assessment of small non-profit organizations to evaluate their processes.  Our students are intimidated at first but they quickly realize that what they are learning here is applicable to these small operations.”  These nonprofit organizations could not otherwise afford such an in-depth assessment, nor could they afford the consequences of a fraud that could result in significant financial losses.  ”Our students analyze the processes, procedures and the information systems of the non-profit,” Brody said.  ”When they are done, the students feel more confident that they actually helped and the organization feels they received a valuable service.  When we first started the program I could hardly find a non-profit to participate, now we have to put them off for a semester or two until we can get to them.”

    Beyond non-profits, Professor Brody and others at UNM have worked to place their students with the FBI, Secret Service and other governmental agencies that battle white-collar crime.  ”For our accounting majors, it gives them a skill set that other accountants may not have with an accounting degree alone,” Brody explained.  ”Not everyone is cut out to be in law enforcement, but these students will be better equipped to perform audits and dig deeper with their questions when they get into the real world.”

    Some students do have a knack for crime fighting and UNM interns have worked with local and state law enforcement looking for and solving white-collar frauds.

    Congratulations to the University of New Mexico and Professor Brody.

  • David Boynton
    Jeffrey Doyle receives FASB 2012-2013 Research Fellowship
    news item posted March 28, 2012 by David Boynton, tagged achievement 
    Jeffrey Doyle receives FASB 2012-2013 Research Fellowship

    The Financial Accounting Standards Board (FASB) is pleased to announce that Jeffrey Doyle, George S. Eccles Chair in Capital Markets Research at Utah State University, has accepted the FASB 2012-2013 Research Fellowship, which will begin in July.  Jef earned his Ph.D. at University of Michigan and previously served on the faculty of University of Utah and as a visiting scholar at Stanford University.  Jef’s research examines factors associated with financial statement analysis, valuation, efficiency of capital markets, and earnings quality.  He has published scholarly articles in The Accounting Review, Journal of Accounting Research, Journal of Accounting and Economics, and Review of Accounting Studies, and he is the recipient of several awards related to research and teaching.  The FASB is delighted to have Jef 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 one year, in-residence position at the FASB in Norwalk, CT. The research fellow coordinates with the academic board member and staff directors to:

    • Review existing research pertinent to Board projects and mission. 
    • Act as liaison with key constituencies performing research to inform them about standard setting issues.
    • Coordinate sessions inviting lead researchers with cutting edge ideas to present their work to Board and staff.
    • Evaluate circumstances where new research could inform the standard setting process. Act as catalyst to encourage such research by others or to perform research on own.
    • Working with research project teams to facilitate timely completion of relevant research.
    • Report on results of Board-related research activities to key constituents (including FASAC and other advisory bodies) to help frame dialogue with the Board.

    Contact Lynn Rees (llrees@fasb.org, 203-956-3472) to receive more information about the position, including how to apply for the program in the future.

  • Deirdre Harris
    Urton Anderson Chosen for SEC Fellowship
    news item posted 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.