Scranton Ledger - Fall 2018

SCR A N T ON ISSUE #4. VOL #4. FALL 2018 New 4-Year Accelerated BS/MAcc Program Enables Students to Save Time and Money and Begin Their Careers Sooner. See page 3.

Online Master of Accountancy and Undergraduate Accounting Programs Continue to be Ranked Among the Best in the Nation. See page 4.

Accounting Faculty, Jesuits, and Alumni Collaborate to Invest in the Success of Area High School Students

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niversity alumnus Douglas M. Boyle, DBA, CPA, CMA ’88, director of the Doctor of Business Administration Program and Accounting Department chair is leading the recently launched Business High School Scholars Program in collaboration with fellow area natives who are also Scranton alumni now teaching at the University, including accounting professors James Boyle, DBA, CPA ’86, and Daniel P. Mahoney, Ph.D., CPA, CFE, ’81. Courses outside of business will be taught by Rev. Patrick D. Francis Rogers, S.J., executive director of The Jesuit Center, and Rev. Rick Malloy, S.J., Ph.D., University Chaplain. They will teach classes specifically for the high school students and donate their compensation from these courses into the Boyle-Mahoney Scholarship Fund to provide financial support to participating students from economically disadvantaged backgrounds.

Additional support is being provided by the University’s Offices of Enrollment

The first cohort of students in new Business High School Scholars pilot program completed their first college course this summer. Seated, from left, University of Scranton accounting professors Daniel Mahoney, Ph.D., Douglas M. Boyle, DBA, and James Boyle, DBA; Jeff Gingerich, Ph.D., provost and senior vice president for academic affairs; and Tracy Bannon, University Trustee and member of the Business High School Scholars Alumni Advisory Board. Standing: Peter Butera, Business High School Scholars Alumni Advisory Board; Rev. Patrick D. Francis Rogers, S.J., executive director of The Jesuit Center; and Business High School Scholars pilot program participants: Christopher Newell, Madison Green, Marisol Olivares Hernandez, Martin Cryan, Kylie Seyler, Emily Herron, Alyssa Moore, Mallory deQuevedo, Emma Boyle, Madison Munley, Lauramarie Strage, Randall Bonitz, Charles Leo, Joseph Kologe and Mackenzie McHale.

Management, Advancement and Finance, and generous alumni donors who started the Boyle-Mahoney Scholarship Fund. A Business High School Scholars Alumni Advisory Board was also formed in support of the program. University alumni Harry

W. Zike ’76, chief financial officer of Chinook Sciences, Edward J. Steinmetz, Jr. ’81, senior vice president for finance and administration at The University of Scranton, Peter Butera ’83, senior vice president wealth management, ...continued on page 2

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Accounting Faculty, Jesuits, and Alumni Collaborate to Invest in the Success of Area High School Students ...continued from page 1 Merrill Lynch Wealth Management, and Tracy Bannon ’84, assistant director of development at St. Joseph’s Center and University Trustee, are serving as advisory members.

Dr. James F. Boyle said, “We are working collaboratively to grow this program and provide access to our nationally ranked business programs to qualified area high school students regardless of their economic circumstances.” Dr. Douglas M. Boyle expressed the importance of giving back to our local community, “I have worked with kids and their families as a wrestling coach from my old neighborhood in West Scranton. They are outstanding kids with enormous potential and come from very close knit families,” Boyle said, adding that he felt it was important to do his part to help these students — a past version of him and his friends — attain a college degree. Dr. Daniel P. Mahoney said, “As a University of Scranton student, I benefited immensely. I want young people of today to likewise benefit, so I’m delighted to be among those supporting this program financially. My hope is that benefactors from far and wide will be eager to offer their support. It’s a very sound investment.”

Similar to the University’s established High School Scholars Program, the program is intended to allow high school students meeting academic requirements to take college courses at a reduced rate of $175 per credit, or $525 for a three-credit class. In addition, the Business High School Scholars Program seeks to group sophomore and junior high school students interested in pursuing a business degree at Scranton into a cohort and provides additional financial support to those participants who are from economically disadvantaged backgrounds.

The inaugural cohort of high school students 2

completed their first college course in business this summer titled Fraud Behavior. “I was very impressed by the students. The class discussion was most engaging and clearly at a college freshman level, as were their presentations,” said Dr. Douglas M. Boyle. The course included three presentations, weekly quizzes and multiple reflection papers and used a text book in addition to supplemental reading assignments.

“Local alumni are grateful for the education they received at the University and are motivated to pass that opportunity along to the next generation,” said Bannon. “Local students add so much to University community. They are hard-working, smart and appreciative of what they have been given. This program gives local

Local alumni are grateful for the education they received at the University and are motivated to pass that opportunity along to the next generation.” students the opportunity to experience the unique attributes of a Jesuit education while they are still in high school and just beginning the college search process.”

Marisol Olivares-Hernandez, a rising sophomore at North Pocono High School from Covington Township, was among the first cohort of Business High School Scholar Program participants. A bilingual, high-honor

student at North Pocono who is active in several high school clubs, Olivares-Hernandez was initially intimidated at the prospect of taking a college class, but said that she has overcome her fears and gained confidence in her abilities. Olivares-Hernandez, who was the first in her family to complete a college course, is looking forward to taking a second course with her classmates in the fall semester. Her older sister, Erika Olivares, will begin her studies at The University of Scranton in the fall.

Other students who completed Dr. Douglas M. Boyle’s course as members of the first cohort of Business High School Scholar pilot program are: Randall Bonitz, West Scranton High School Emma Boyle, Commonwealth Charter Academy Martin Cryan, Holy Redeemer High School Mallory deQuevedo, Mid Valley Secondary Center Tabitha Getz, Dunmore High School Madison Green, Valley View High School Emily Herron, Lackawanna Trail JuniorSenior High School Joseph Kologe, West Scranton High School Charles Leo, Wyoming Seminary Mackenzie McHale, Valley View High School

Alyssa Moore, Mid Valley Secondary Center Madison Munley, Lakeland High School Christopher Newell, Abington Heights High School Autumn Savitski, Lake Lehman High School Kylie Seyler, Wyoming Seminary Lauramarie Strage, Crestwood High School Trinity Veaudry, Riverside Junior-Senior High School Zi Xuan Weng, James M Coughlin High School For additional information about the Business High School Scholars, visit Scranton.edu/bhsscholars, email rebekah.bernard@scranton.edu or call 570.941.5918.

For information on how to support these students, visit the Boyle-Mahoney Scholarship Fund site: https://app.mobilecause.com/vf/ HSBusiness.

Read this article in its original form at Scranton.edu/news.

New 4-Year Accelerated BS/MAcc Program Enables Students to Save Time and Money and Begin Their Careers Sooner The Accounting Department is proud to announce the newest path for accounting students at Scranton — the opportunity to complete a Bachelor’s in Accounting and a Master’s in Accountancy in only 4 years. Beginning in the 2019 — 2020 academic year, incoming accounting students will be able to participate in the program to save time and money and enter the job market sooner while meeting the 150-credit requirement for CPA licensure. Students can choose to complete the bachelor’s degree only, pursue a 5-year Master of Accountancy degree, or participate in the new 4-year program.

“This innovative 4-year option was created to provide students with access to our nationally ranked bachelor’s and master’s programs in a most cost effective and flexible manner. Students in the program will be well prepared to pass the CPA exam while earning the 150 credits required for licensure.

Additionally, our outstanding job placement in the Big Four International, National, and Regional firms will allow these students to begin their careers one year earlier,” said Douglas M. Boyle, DBA, CPA, CMA, Program founder, Accounting Department Chair, and Doctorate Program Director.

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Online Master of Accountancy Continues to be Ranked among the Best in the Nation!

Scranton’s Master of Accountancy (MAcc) Program continues to be nationally recognized as one of the top programs in the nation. In the most recently published rankings, Scranton’s MAcc is often recognized among the top five in the nation. Best Colleges ranks Scranton’s MAcc No. 1 in the nation stating, “The University also offers a MAcc bridge option, open to non-accounting majors, in which students who have a nonaccounting bachelors degree study the necessary prerequisite courses online to provide the foundation needed for the masters program.” Best College Reviews places Scranton’s MAcc at No. 3 in the nation noting, “This institution takes great pride in its academia, and expects the same of its student body. Graduates of Scranton’s online MAcc have been quickly employed by the Big 4 and a long list of respected accounting firms.”

Accounting Degree Review identifies Scranton’s MAcc at No. 4 in the nation and

highlights student learning outcomes in the areas of communication, accounting expertise, critical analysis, and problem solving. Accounting.com also selects Scranton’s MAcc as No. 4 in the nation and notes, “The University of Scranton offers an online accounting master’s degree tailored to professionals seeking to enhance their management skills, gain CPA certification, or both. The AACSBaccredited online master of accountancy degree program delivers 30 hours of instruction in foundational accounting, emphasizing the soft skills essential to successful leadership.”

Douglas M. Boyle, DBA, CPA, CMA, Accounting Department chair states, “When you review the names of the institutions included in the top five on these rankings and find Scranton included among such nationally recognized institutions for quality and reputation, everyone involved with Scranton’s MAcc

Program should be very proud. This includes our students and their families, faculty, alumni, administration.”

MAcc Program Director James F. Boyle, DBA, CPA, credits the close involvement of the Accounting Department Professional Alumni Council (ADPAC) and continuous innovation as keys to the program’s success, “Much of the success of the program is attributable to our continuous evaluation of the curriculum and strong involvement of our successful executive alumni who currently serve in public accounting (Big Four, national, and regional firms) and major public and private companies. These professionals meet with us about developments in the profession and engage in the ongoing mentoring and recruitment of our MAcc students.

As a result, our curriculum remains most current with what is required in the realworld and our students are ready to excel in the marketplace.”

Undergraduate Accounting Program Ranked Among the Best in the Nation for Four Consecutive Years

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U.S. News & World Report ranks The University of Scranton’s

as among the best in the nation and attribute this recognition to the

Accounting Program at 37 in the nation. This represents the fourth

ongoing focus and dedication of our faculty and executive alumni

consecutive year that Scranton’s program has been ranked among

on ensuring our students become standouts in the profession. In

the best in the nation. In recent years, Scranton has reached as high

turn, these students return to give back to our programs and future

as 17th in the nation. While Scranton’s accounting program has long

students once they have achieved career success – it is a tradition

been highly ranked as one of the top programs in the Northeast,

of excellence, care, and commitment,” said Douglas M. Boyle, DBA,

three years ago the program jumped from a top regional program to

CPA, CMA, Program founder, Accounting Department Chair, and

a top national program. “We are proud to continue to be identified

Doctorate Program Director.

Accounting Department Welcomes the Second Cohort of its Doctor of Business Administration Program The Accounting Department welcomes the second cohort of its Doctorate of Business Administration Program (DBA) with a Concentration in Accounting. The program started in the fall of 2017 and is offered though the Kania School of Management, which is accredited by the Association to Advance Collegiate Schools of Business (AACSB) International. The mission of the program is to develop experienced accounting professionals into exceptional academics and teachers capable of producing advanced practice-relevant research grounded in the ethical foundation of our institution’s Ignatian identity. These scholars will understand the global environment of academia and demonstrate advanced research, communication, and teaching skills.

They will be poised to make a transformational

contribution to both academia and business and, in the words of St. Ignatius, they will thus be positioned to “set the world on fire.”

Applications are currently being accepted for the third cohort (fall 2019).

The Pathways Commission on Accounting Higher Education (established by the American Accounting Association and the American Institute of Certified Public Accountants) and the AACSB are among organizations that recognize the pending shortage of accounting faculty and encourage the development of flexible practitioner-oriented doctoral programs that enable experienced practitioners to gain the scholarly training required to be effective teachers and researchers at academic institutions. ...continued on page 6

First Row (front to back, left to right): DBA Faculty — Dr. Robert Spalletta, Dr. Dan West, Dr. Doug Boyle, Board of Trustee Members, Christopher Kane, Tracy Bannon, Frank Dubas

DBA Students — Ran Li, Daniel Gaydon, Heather Losi, Jessica Hildebrand, Shea Burden, Linette Rayeski, James Sunday, Alexis Montelone

Dr. Rebecca Mikesell, Dr. James Boyle, DBA Students, Ashley Stampone, Ronald Parker, Joy Chacko

DBA Students — Amanda Marcy, Patrick O’Brien, Craig Gallagher, Savas Saymaz, Marcus Burke, Felisha Fret, Afia Oppong, Hugh Lambert, Charles Speicher

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Accounting Department Welcomes the Second Cohort of its Doctor of Business Administration Program Accounting faculty members Douglas M. Boyle, DBA, CPA, CMA, DBA and Brian W. Carpenter, Ph.D., CMA have published seven manuscripts in nationally recognized journals investigating this faculty shortage and flexible practitioner-oriented doctoral programs in journals such as Accounting Horizons, Journal of Accounting Education, Current Issues in Auditing, Strategic Finance, and the Journal of Accountancy. Additionally, Dr. Douglas M. Boyle was a member of The Pathways Commission Committee Task Force to examine non-traditional doctoral education. This research was used to develop the DBA program at the University.

“Over the past year, our first cohort has deeply engaged in program and made significant progress in learning about business theory and constructs, research process and design, academic governance, literature review, research methods, and Ignatian identity,” said Dr. Douglas M. Boyle, program director and Accounting Department chair. “The tangible outcomes and performance of the cohort have exceeded our expectations. In fact, during the first year of the program, several students have had their manuscripts accepted in nationally recognized peerreviewed journals.”

The DBA Program has been most fortunate to have George W. Krull, Jr., Ph.D., CPA, CGMA serve as its Global Strategic Advisor. Dr. Krull served as a partner in the executive office of Grant Thornton LLP and was the firm’s Chief Learning Officer. Additionally, he served in various leadership roles with the American Accounting Association, the Association to Advance Collegiate Schools of Business, the American Institute of Certified Public Accountants and the Pathways Commission.

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...continued from page 5

Reflecting upon the DBA Program, Dr. Krull states, “I see the DBA in Accounting program’s mission and academic market focus distinctive from other DBA programs and most traditional accounting doctoral (PhD) programs. The DBA program is preparing participants to meet the market need for subject-matter competent accounting faculty. The program’s singular focus is on professionally qualified participants who will become tenure-track faculty in high-quality undergraduate and master’s-level accredited business schools.” Dr. Krull further indicates, “During their first academic year, our first DBA cohort participants studied accounting research and the methodologies supporting past and current accounting scholarship, research and publications. They have learned how to read, interpret and share current and relevant accounting research with undergraduate and graduate students. Unlike graduates in most traditional doctoral programs in leading “research 1” accounting programs, our DBA students are on a pathway in the next two to three years to join accredited accounting programs as tenure-track faculty having subject-matter competence continuously informed from their extensive professional experience and qualifications. They will be able to instruct most undergraduate and master’s level accounting subjects, share others’ current and relevant research, and do quality research that may provide informed solutions to current challenges facing our broad, learned profession.”

For additional information visit scranton.edu/academics/ksom/dba-program/index.shtml.

STUDENT NEWS Student Attends the Institute of Management Accountants (IMA) Student Leadership Experience It’s not every day a student can experience what it’s truly like to be in the board room. One student, however, can say he did just that. Graduate student, Nicholas Varriano, attended the IMA Student Leadership Experience this past February in San Diego.

This highly-selective experience consisted of only six students from around the world. Students spent a weekend networking with executives, chair members, IMA board members, and professional staff. Because The University of Scranton became an IMA Endorsed University in November 2017, Nicholas had the opportunity to apply for such a prestigious event.

“Nicholas is an exemplary student and individual,” says Faculty Specialist Ashley Stampone, CPA and The University of Scranton IMA Student Chapter Faculty Advisor. “It was no surprise that the IMA’s Student Leadership Experience Selection Committee picked him for such an experience. Nicholas is not only a student leader, he is a role model to his fellow classmates. He helps those around him to continuously improve professionally and personally.” The IMA’s Student Leadership Experience Selection Committee comprised of a CFO and former Chair of the IMA, a Senior Manager from Deloitte, the Dean of University of Massachusetts—Lowell Business School, and professors from various universities and colleges.

Events from the IMA Student Leadership Experience included: •R eception/Networking event at the University of San Diego with guest speaker, Ronda Sedillo, SVP/CFO Padres (MLB).

• IMA Ethics Committee Meeting • Volunteer Leadership Committee • Member Relations Committee • IMA Global Board of Directors Meeting •V arious networking and reception activities with IMA Board Members and Staff While the networking opportunities were invaluable, students also had their work cut out for them. Nicholas and the other students were responsible for voicing their viewpoints and participating in major committee discussions. “As a student, I was very surprised on how much they valued our opinion. I went in with the expectation that I would be more of an observer, however, we were the main focus,” says Nicholas. “We actively participated in various IMA committee meetings, and I was able to share my ideas and those ideas were heard.”

Nicholas cannot stress enough how important it is to be involved not only with networks and activities on campus, but also with professional networks post-graduation. He has the full intention of staying involved with the IMA and

From left: Nicholas Varriano, class of 2018, and Harry W. Zike, CFO of Chinook Sciences and a 1976 graduate of The University of Scranton.

sharing his experiences about this rapidly changing industry with the underclassmen that proceed him.

Nicholas attributes his academic and professional success to his mother, JoAnn Varriano of Staten Island, his brother, Michael Varriano, and his various mentors and professors at The University of Scranton. “I thank The University of Scranton Accounting department because I know my successes couldn’t have happened without all of the mentorship and support from our wonderful faculty.”

Nicolas is a graduate of Monsignor Farrell High School. After graduation, Nicholas has started as an audit associate with Ernst and Young (EY).

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STUDENT NEWS Accounting Internships – Student Success Stories!

Each academic year University of Scranton accounting students participate in winter and summer internships with “Big Four” and other accounting firms, as well as with various private companies. These internships provide valuable practical experience for our accounting students and often lead to full-time employment offers to the student interns after graduation.

Additionally, many students earn three academic credits for their accounting internships. James F. Boyle, DBA, CPA, Assistant Accounting Professor and Faculty Advisor for Accounting Internships, indicated, “I enjoy working with student interns and reading their journal papers describing their internship experiences.”

Accounting Major Kieran Bracken completed a successful 2018 summer internship with KPMG and plans to join the firm in the summer of 2019.

Kieran shared his experience. “I Kieran Bracken had the opportunity to travel to Orlando, Florida, where I spent a week learning about the field of audit and related software applications.” Like many accounting interns, Kieran plans to become a CPA after graduation. “I am planning on finishing my degree at Scranton in December and then hopefully earning my CPA within the next year.” Kieran graduated from Fairfield Prep High School and is the son of Oliver and Cathy Bracken.

Maeve Dooley interned with Pricewaterhouse­ Coopers during the winter of 2018. Maeve also earned academic credit for her internship and was able to enroll in other condensed 8

spring courses in the spring of 2018. “Last winter, I interned for PwC in the New York City office. I was able to experience the busy season of a real estate client in the assurance line of Maeve Dooley service.” Maeve commented on the importance of networking opportunities on campus. “Getting involved in the numerous business clubs, career fairs, and networking events made it easier for me to get to know recruiters and learn more about companies I was interested in.” Maeve graduated from Nanuet High School and is the daughter of Cathy and Bill Dooley.

Brian Price was a student intern at PricewaterhouseCoopers in the winter of 2018. “This past winter I had the privilege of being an assurance intern in PwC’s Philadelphia office.” Brian Brian Price described his learning experience and commented on post-graduation plans.

“Working the audit of a public company was a very interesting and educationally enriching experience and I have learned a lot, as well as having greatly expanded my professional network. After graduation this spring, I intend to join PwC full-time in the following fall, while also working towards obtaining my CPA.” Brian graduated from La Salle College High School and is the son of James and Theresa Price.

Giana Tramantana is an accounting major with a minor in management and plans to graduate in May 2020 with 150 credits, which is a CPA requirement. Gina interned with Ernst & Young (EY) during the summer of 2018. “This past

summer I had an internship at Ernst & Young in New York City.

I completed two rotations across Tax and Audit service lines. I worked in the FSO business unit (Financial Services organization) Giana and on projects with primarily Tramantana Wealth and Asset Management clients.” Giana shared her future plans. “I chose tax as my preference for a future internship and I got offered a position in EY’s FSO Tax practice for summer 2019.” Giana graduated from Wantagh High School, High School and is the daughter of Paul and Maria Tramantana.

Patrick Fitzgerald is an accounting major who completed a 2018 summer internship with the Institute of Management Accountants (IMA). “This past summer I was given the opporPatrick tunity to intern at the Institute Fitzgerald of Management Accountants in Montvale, New Jersey. The experience has definitely helped mold my future career plans as I approach graduation. I have decided to apply for the MAcc program here at the University and also take the CMA exam this coming January. My professors and advisors, along with my mentors at the IMA, have offered exceptional guidance throughout this entire process.”

Patrick graduated from Pope John XXIII Regional High School and is the son of Kevin and Renee Fitzgerald.

Jeremy Mammen is an accounting major with a minor in business analytics. He completed two internships with two different companies – one in the winter 2018 and the second in Jeremy the summer 2018. “In January Mammen 2018, I interned at a company called Derive Technologies. During this time,

I was tasked by senior management to evaluate the current accounting software and provide recommendations for better practices.” Jeremy then described his second internship. “In the summer of 2018, I interned at a (CPA firm) company called Demian & Company LLC. Working at Demian & Company taught me hands-on experience in software like Quickbooks.” Jeremy graduated from Monroe Township High School and is the son of John and Leena Mammen.

Accounting Major William Lang participated in a 2018 summer accounting internship for academic credit with Noble Biomaterials, Inc. headquartered locally in Scranton. “This summer, William Lang I had the pleasure of interning at Noble Biomaterials. The University of Scranton prepared me immensely for this specialized task-related job position. The internship has provided me with better insight of what it takes to be successful.” William graduated from Holy Trinity High School and is the son of Henri and Anne Lang.

Tarquin McGurrin is an accounting major who interned during the summer of 2018 with Neumentum, Inc., a start-up pharmaceutical company.

“My internship experience at Tarquin McGurrin Neumentum was especially unique in that I was able to not only learn about the financial industry but also the pharmaceutical industry as well. In addition, I improved my communication skills while working closely with executive management, and performed various financial and accounting tasks including monthly journal entries and filing expense reports.” Tarquin graduated from Scranton Preparatory School and is the son of Timothy and Kathleen McGurrin.

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DBA Program Research Award Presented At The University of Scranton’s Kania School of Management Annual Accounting Dinner on May 3, 2018, Doctorate of Business Administration (DBA) student Marcus Burke received the first ever Dr. Douglas M. Boyle DBA Outstanding Research Award recognizing his exceptional research efforts with University of Scranton Accounting faculty. Burke, who holds a Bachelor’s degree in Music Composition from Old Dominion University and Master’s degree in Management from Texas A&M University-Commerce (TAMUC), began pursuing his DBA at The University of Scranton in August 2017 as a member of the program’s flagship cohort.

Prior to returning for his terminal degree, Burke gained professional experience at CMA CGM (America) LLC as a Database Administrator and Web Application Developer before being promoted to a Business Architect, TAMUC as a Senior Web Developer, and TAMUC and Marist College as an adjunct faculty member teaching in the areas of Accounting Information Systems, Systems Analysis and Design, Data Information and Management, and Enterprise Resource Planning During his first year in the DBA program, Burke completed and submitted a research article with Drs. Douglas M. Boyle and Daniel P. Mahoney to Management Accounting Quarterly entitled “Goodwill Accounting: The Matter of Serial Non-Impairment.” This research uses thirteen years of archival data covering 1,646 firms from Compustat and Thompson ONE to examine the number of firm acquisitions and their respective goodwill impairment rates to determine the existence of notable trends related to the non-impairment of goodwill among firms

during those interactions, I have been consistently and thoroughly impressed with their enthusiasm, dedication, and commitment to academic excellence. The life-lessons and knowledge conveyed within the classroom are uniquely targeted to help guide and propel students toward future success. As program director, Dr. Douglas M. Boyle makes a noticeable and concerted effort to bring in individuals from both the academy and the professional world to establish a high level of knowledge transference and create relationship building between his students and the global community.”

Marcus Burke

with high business combination rates.

Burke has also co-authored a case with Drs. Megan Burke and Sandra Gates entitled “To Amend or Not to Amend: A Tax Consulting Case” which appears in the Journal of Accounting Education (2017).

Currently, he is working with Dr. Megan Burke on research related to managerial ability and its relation to a firm’s tax posture, and with Drs. Sandra Gates and Megan Burke on an article for the Accounting History Review on Benjamin Montgomery and the role of slavery on the development of American accounting.

When asked about his experience with being part of The University of Scranton’s DBA Program, Burke stated, “During my time in the DBA program, I have interacted with the professors in a variety of settings, both inside and outside the classroom. Within that time, and

Burke, originally from Virginia Beach, Virginia, currently lives in Poughkeepsie, New York, with his wife, Megan, an accounting professor a Marist College, and his two children, Justin and Evelyn.

He continues to enjoy playing music and playing taxi driver for his children’s extracurricular activities.

As program director, Dr. Douglas M. Boyle makes a noticeable and concerted effort to bring in individuals from both the academy and the professional world to establish a high level of knowledge transference and create relationship building between his students and the global community.”

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Second Cohort of the Accounting Department’s Nonprofit Leadership Certificate Program is Launched

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ceremony at The University of Scranton celebrated the first cohort to complete its Nonprofit Leadership Certificate Program and the incoming second cohort of the new program that seeks to develop future executives to serve area nonprofit institutions.

Launched in 2017 by the Accounting Department under the leadership of Douglas M. Boyle, DBA, CPA, CMA, director of the Nonprofit Leadership Program, director Doctor of Business Administration Program, and chair of the Accounting Department at Scranton, the certificate program combines a rigorous academic component taught by Kania School of Management faculty with expertise in nonprofit organizations, a mentorship and experiential learning.

The purpose of the program is to support and advance nonprofit organizations through a comprehensive and academically rigorous leadership program. This program is focused on providing high potential leaders with the knowledge and insight required to enable their nonprofit organizations to achieve and sustain their respective missions and ensure positive community outcomes. The program includes a capstone project that requires participants to form a comprehensive plan to solve a current issue faced by the nonprofit organization they represent.

According to Patrick Quinn, 12

director of residential and adult services, ARC of NEPA, who spoke at the ceremony as a member of the first cohort, the program helped him to “refine knowledge and define direction” for his career and for the nonprofit organization he serves. The program also provided him with the opportunity to collaborate with representatives of other area nonprofits.

“The program provided the tools necessary to be a better leader by combining the strength of your nonprofit organization with the strength of the infrastructure of nonprofits in the region,” said Quinn.

Also speaking at the ceremony were Dr. Douglas M. Boyle, and Nonprofit Leadership Certificate Program faculty members Kurt Bauman, executive director, Northeast Pennsylvania Nonprofit Community Assistance Center; Jesse Ergott, president and CEO, NeighborWorks of Northeastern Pennsylvania; and Robert Kelly, Jr. Esquire, partner, Myers, Brier & Kelly.

In addition to Quinn, other members of the University’s first cohort to earn the Nonprofit Leadership Certificate and the organizations they represent are: Linda Armstrong, Founder and Executive Director, Dress for Success Angel Atell, Director Community Youth, United Neighborhood Centers

George Brown, Executive Director, Highlights Foundation Travis Davis, Director of Business Development, Allied Services Gus Fahey, Director of Community Education and Revitalization, United Neighborhood Centers Michael Ferguson, Assistant Vice President of Risk Management/ Finance, Allied Services Dorothy Grill, Lecturer, Marywood University and Lackawanna College Mary Ann Iezzi, Executive Director, Dress for Success Ryanne Jennings, Executive Director, The Cooperage Project Kristen Kosin, Executive Director, Meals on Wheels Maureen Maher-Gray, Acting Executive Director, NEPA Youth Shelter Michele Minor Wolf, Executive Director, Victims’ Intervention Program Daniel Nowakowski, Campaign manager, United Way/ Lackawanna/Wayne Janet Sweeney, Vice President, Pennsylvania Environmental Council Incoming members of the second cohort and the organizations they represent are: Athena Aardweg, Community Services Specialist, NEPA Alliance Angeline Abraham, Assistant Director, Employment Opportunity Center

Eloise Butovich, Leadership Gift Officer, University of Scranton Diane Dutko, Chief Operations Officer, The Luzerne Foundation David Falchek, Executive Director, American Wine Society Kristen N. Follert, Director of Quality Assurance, NEPA Community Health Care Katlyn J. Gardner, Development and Human Resource Director, NEPA Community Health Care Shannon Hayward, Director WIC Administration, Maternal and Family Health Services, Inc. Elizabeth Hughes, Director of Communications, Earth Conservancy Gretchen Hunt Greaves, Director, Nutrition Programs and Resource Development, Commission on Economic Opportunity April Kemp, Program Director, Marley’s Mission Teddy Michel, Regional Director, Ignatian Volunteer Corps of NEPA Lauren Pluskey McLain, Director of Development, The Kirby Center Todd Pousley, Community Revitalization Manager, NeighborWorks NEPA Joseph Salva, President/Founder, Individual Abilities in Motion Janine Tomaszewski, Associate Vice President of College Relations, Johnson College Tonyehn Verkitus, Executive Director, Luzerne and Lackawanna Medical Societies

Members of the second cohort of students of The University of Scranton’s Nonprofit Leadership Certificate program were introduced to the program at a recent ceremony on campus. Seated, from left: Tonyehn Verkitus, Luzerne and Lackawanna Medical Societies; Athena Aardweg, NEPA Alliance; Kristen N. Follert, NEPA Community Health Care; Lauren Pluskey McLain, The Kirby Center; and Douglas Boyle, D.B.A., director of the Nonprofit Leadership Program at Scranton. Standing, from left: Angeline Abraham, Employment Opportunity Center; Katlyn J. Gardner, NEPA Community Health Care; Eloise Butovich, University of Scranton; Diane Dutko, The Luzerne Foundation; Gretchen Hunt Greaves, Commission on Economic Opportunity; Shannon Hayward, Maternal and Family Health Services, Inc.; Elizabeth Hughes, Earth Conservancy; David Falchek, American Wine Society; Janine Tomaszewski, Johnson College; April Kemp, Marley’s Mission; Teddy Michel, Ignatian Volunteer Corps of NEPA; Todd Pousley, NeighborWorks NEPA; and Nonprofit Leadership Program faculty members Jesse Ergott and Kurt Bauman. Absent from photo were Joseph Salva, Individual Abilities in Motion; and Alison Woody, Geisinger Health Foundation.

Alison Woody, Director of Competitive Grants/Donor Stewardship, Geisinger Health Foundation.

Local organizations sponsoring the program are: AllOne Foundation and Charities, Geisinger Health System Foundation, The Luzerne Foundation, Moses Taylor Foundation, The University of Scranton and the Weinberg Foundation.

For additional information visit thescranton.edu/academics/ksom/ accounting/nonprofit-leadership-program/index.shtml or call 570.941.4047.

Read this article in its original form at Scranton.edu/news.

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University of Scranton Establishes ACFE Student Chapter Accounting students have another reason to celebrate—especially those pursuing the forensic accounting track! In October 2017, the University of Scranton received its official charter to establish an Association of Certified Fraud Examiners (ACFE) Student Chapter.

This charter allows the University to be one of 45 student chapters across the nation, and the third in Pennsylvania.

Faculty Specialist and ACFE Faculty Advisor, Ashley Stampone helped to establish the charter along with the four 2017/2018 student officers: Trevor Bachert, President; Caitlin Pellegrino, Vice-President; Nicole D’Alessandro, Secretary; and Matthew Sutton, Treasurer. As soon as the charter was established, the student officers quickly planned on-campus events for the student members. These events included:

Scranton FBI Office representatives join the ACFE Student Chapter members.

• New member information session • Alumni panel • P resentation from the Scranton Federal Bureau of Investigation Office

From left: Nicole D’Alessandro, Trevor Bachert, Ashley Stampone, and Caitlin Pellegrino

• P resentation from the Lehigh Valley ACFE Professional Chapter At the Annual Accounting Dinner, the graduating officers were awarded their ACFE pins to be worn for graduation and future ACFE events, and we welcomed the 2018/2019 student officers: Luiz Britez, President; Brandon Garcia, Vice-President; Nicole D’Alessandro, Secretary; and Carrie Tsang, Treasurer.

The ACFE is the world’s largest anti-fraud organization. The mission of the student chapter is to provide student members with the opportunity to network with alumni and anti-fraud professionals, learn about industry opportunities, and develop the skills required in the field of fraud examination.

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Joseph Croce, AHFI, ACFE of the Lehigh Valley Professional Chapter gives a presentation to the ACFE Student Members.

FACULTY NEWS New Faculty Join the Accounting Department The Accounting Department welcomes the addition of two new faculty members!

Andrew Gregorowicz joins the Accounting Department as a Faculty Specialist. Prior to his appointment, he served as the Financial Analyst in the Treasurer’s Office at the University and as an adjunct professor of Accounting. He earned a bachelor’s degree in Accounting from the University of Scranton and an MBA from Pace University, NY. Prior to joining The University of Scranton, he was International Controller for International Correspondence Schools and was responsible for overseeing the financial reporting, budgeting and forecasting of its international operations. His teaching interests are primarily in the areas of Accounting and Data Analysis.

Linda Mlodzienski, CPA, also joins the Accounting Department as a Faculty Specialist.

She earned her bachelor’s degree in accounting and an MBA in finance, both from The University of Scranton. She has extensive industry experience, having worked for accounting firms, as director of finance for Catholic Schools in the Diocese of Scranton, as a business manager for the Notre Dame Regional Schools, and as director of operations for the Lackawanna Heritage Valley National and State Heritage Area. She has also taught accounting previously at the University, Wilkes University and East Stroudsburg University.

Andrew Gregorowicz

Linda Mlodzienski

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Accounting Department’s “FAL-Con” Program has Record Attendance The third annual Future Accountants Leadership Conference (FAL-Con) was attended by 130 top high school students who have an interest in business or accounting. The students represented 104 high schools and four states. The conference included an interactive experience with members of the Accounting Department faculty, the Accounting Department Professional Alumni Council (ADPAC), and students from the Business Leadership Honors Program, and Beta Alpha Psi, the accounting honor society. The conference provides high school students and their guests the opportunity to spend the day on campus to meet faculty, students and high-powered business alumni, learn about the business world and the related career opportunities, attend a brief recognition and networking reception, and receive a $1,000 scholarship for attending upon acceptance to The University of Scranton.

“The Accounting Department thanks all those involved for a most engaging experience, most notably the high school students and their guests, our students, Mary Kay Aston, AVP Admissions & Enrollment and her staff, Laura Talerico, Accounting Department Assistant, and our ADPAC members,” said Douglas M. Boyle, DBA, CPA, CMA, Accounting Department chair.

ADPAC members who presented and shared insight from their careers and the profession included:

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• T imothy Kacani, CPA ’87, Chief Operating Officer Atlas Merchant Capital LLC and University of Scranton Trustee, • K evin B. Grzelak, CPA ’96, Vice President, Controller Sirius America Insurance Company, • C harles Lenns, Esq., CPA ’75, Vice President, Tax, Consolidated Edison Company and former Partner at Ernst & Young, • L inda McGowan, CPA ’80, Partner PricewaterhouseCoopers, and • H arry W. Zike, CPA ’76, Chief Financial Officer, Chinook Sciences.

Daniel P. Mahoney. Ph.D., CPA, CFE, states, “The ADPAC is an incredibly valuable component of the accounting department. Having such an elite group of alumni as part of our guiding force ensures the highest quality outcomes for our students.”

For additional information on the November 7, 2018, FAL-Con Program visit scranton.edu/FAL-Con.

Cheryl Collarini – Deeply Devoted to Successful Student Employment Cheryl Collarini, Career Relations Manager in the Office of Career Services, is a beloved part of The University of Scranton landscape. For more years than Cheryl may care to acknowledge, she has been a key “go to” person for accounting majors and students of various other majors.

Ask any student about the kind of person Cheryl is, and you will immediately see a smile come to that person’s face.

Cheryl began her University of Scranton career in the fall of 1980 when she was hired as a secretary in the Office of the Registrar. By 1985, she had worked her way to the Career Services Office and has been there ever since.

When asked about the aspect of her job that she most likes and appreciates, she wasted no time stating, “Helping the students. It’s all about the students. Nothing makes me happier than hearing a student say, ‘I got the job.’”

While Cheryl can reflect upon the many changes that have taken place throughout her University of Scranton career, she points to one thing that has remained constant — the alumni who are always there to help our students. “I never cease to be amazed by the generosity and kindness of our alumni,” she says. When asked for a key piece of advice for accounting majors, Cheryl stated, “First-year students need to understand the importance of getting involved early on.

They should be sure to attend the Career Expo — just to test the waters and get a feel for the process that they’ll soon be following.”

She added that all accounting students, first-year through graduate school, owe it to

themselves to spend twenty minutes or Cheryl Collarini so with the Recruiter-inResidence program — as a means of meeting prospective recruiters.

Dr. Daniel Mahoney, Professor of Accounting, notes, “I have known Cheryl for a long time and, for very good reason, I think the world of her. In The University of Scranton Mission Statement, we learn — among other things, that

First-year students need to

understand the importance of getting involved early on. They should be sure to attend the Career Expo — just to test the waters and get a feel for the process that they’ll soon be following. our university ‘hopes to graduate ‘men and women for others.’ Through her tireless devotion to the well-being of our students, Cheryl Collarini embodies that very principle. She is much more than an invaluable career guidance individual; she is a model of excellence to the scores of students who visit that office every year. If there is an academy award for devotion to student placement in exciting careers, I’m casting my vote for Cheryl.”

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FACULTY NEWS Professor Dr. Daniel P. Mahoney Recognized for Teaching Excellence and for Business Ethics and Social Responsibility Daniel P. Mahoney, Ph.D., CPA, CMA ’81, professor of accounting at The University of Scranton, was selected by the University’s Business Club as the Kania School of Management Professor of the Year for 2018, marking the fifthtime he has received this honor. Douglas M. Boyle, D.B.A., CPA, CMA ’88, director of the Doctor of Business Administration Program and Accounting Department chair expressed his gratitude for Dr. Mahoney’s teaching, “Dr. Mahoney is well-known for his passion for teaching and mentoring his students. Throughout his career, he has truly impacted the lives of countless students in a most positive manner. Our institution, department, and students are blessed to have him in our classrooms.

He is a true inspiration and role model to everyone in our department. Next year, I am thrilled to have Dr. Mahoney share his teaching philosophy and techniques as the instructor for a teaching methodology course in our doctorate program.”

Additionally, Dr. Mahoney was recently awarded a three-year William and Elizabeth Burkavage Fellowship in Business Ethics and Social Responsibility for 2018-21. The endowed fellowship was established in 2009 by William J. and Judith G. Burkavage in memory of (his parents) William and Elizabeth Burkavage, and provides support to assist University faculty in new research on issues of sustainability, social responsibility, and business ethics. Brian

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W. Carpenter, Ph.D., CMA, G’82, said, “Dr. Mahoney is the perfect recipient of this award. Dan has been very instrumental in creating and teaching courses in our curriculum that enhance the ethical development of our students. As part of this endeavor, Dr. Mahoney took it upon himself to obtain the Certified Fraud Examiner certification. I can think of no one else more deserving of this recognition.”

An award-winning teacher and scholar, Dr. Mahoney joined the faculty at Scranton in 1990. He was named Kania School of Management’s Professor of the Year in 2001, 2006, 2010, 2014, and 2018. The University of Scranton graduating class of 2001 voted him Teacher of the Year.

He was also named The University of Scranton CASE Professor of the Year, and received the University’s Alpha Sigma Nu University Award for Teaching Excellence and the Pennsylvania Institute of Certified Public Accountants Outstanding Educator Award. Dr. Mahoney also held a threeyear position as the business school’s Alperin Teaching Fellow.

Dr. Mahoney’s research has been published in numerous professional and academic journals, including The CPA Journal, Internal Auditor, Management Accounting Quarterly, and Journal of Business and Economics Research, Accounting and Financial Management. Three manuscripts co-authored by Dr. Mahoney and his

Dr. Daniel P. Mahoney

Scranton colleagues Brian Carpenter, Ph.D., professor of accounting, and Douglas M. Boyle, D.B.A., associate professor and chair of the Accounting Department, received an award medal from Institute of Management Accountants’ Lybrand competition, including the Lydrand Gold Medal as the “outstanding article of the year” in 2016.

A resident of Clarks Summit, Dr. Mahoney is a Certified Public Accountant. He devotes much of his spare time to working with child welfare and animal welfare organizations. Previously, he worked as an internal auditor for the Prudential Insurance Company.

Read this article in its original form at Scranton.edu/news.

Master of Accountancy Program Congratulates and Welcomes New Graduate Assistant Andrew Bamundo!

The University of Scranton’s Accounting Department is excited to congratulate and welcome its new Master of Accountancy (MAcc) program’s graduate assistant (GA) for the 2018-2019 academic year Andrew Bamundo. The MAcc GA works closely with the MAcc Director and Assistant Accounting Professor James F. Boyle, DBA, CPA and the entire MAcc Program faculty to assist in graduate accounting research and in other MAcc program initiatives and activities.

Andrew was highly recommended by Kania School of Management faculty for the MAcc GA position. For example, in his recommendation letter, a member of the senior faculty stated: “It gives me great pleasure to write this letter of recommendation for Andrew V. Bamundo’s application for a Graduate Assistantship in the MAcc program at The University of Scranton.

I have known Andrew since he joined our Business Leadership Honors Program in the fall of 2016. He was one of 15 students out of an application pool of over 65 to be selected for our Leadership Honors Program.”

Andrew begins his role as the GA of the MAcc program that has enjoyed high nationally academic recognition and ranking, as well as consistent enrollment growth since the successful MAcc Program was launched in 2015.

During the 2018 fall term, the MAcc program reported the highest enrollment figures of any online graduate program at The University of Scranton.

Andrew expressed the following upon accepting his new role of the MAcc Program’s GA: “I am so grateful to have been selected as the accounting department Graduate Assistant.

Continuing my education at The University of Scranton while working with the accounting faculty on various projects is a great opportunity.

(left to right): Dr. James F. Boyle and Andrew Bamundo

My experience as a University of Scranton student went far above what I expected. This school has opened so many doors for me and changed my views on society, corporate America and the values I have as a citizen, Christian and student.

My most recent accounting internship was at a Deloitte office not far from my home in New Jersey this past summer. I worked on various pharmaceutical clients and was given a thorough understanding of how the audit process is conducted by a BIG 4 accounting and consulting firm.”

Andrew graduated from Governor Livingston High School in Berkeley Heights, New Jersey, and is the son of Jeff and Maria Bamundo.

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IMA CORNER Meet the Faculty Advisor Name: Ashley Stampone, CPA Clubs: Institute of Management Accountants and Association of Certified Fraud Examiners Educational Background: •U niversity of Scranton: Doctorate of Business Administration, Accounting (expected 2021) •U niversity of Scranton: Master of Business Administration, Accounting (2011) •U niversity of Scranton: Bachelor of Science, Accounting (2010) ACADEMIC AFFILIATIONS IMA Academic Honor Society – (IAHS) Beta Gamma Sigma PROFESSIONAL AFFILIATIONS American Accounting Association Institute of Management Accountants Pennsylvania Association of Certified Public Accountants CERTIFICATIONS Certified Public Accountant PRESENTATIONS “The Doctorally-qualified Accounting Faculty Shortage and the Demand for Non-traditional Doctoral Programs” – San Diego, CA, AAA National Annual Meeting, August 2017 “The Doctorally-qualified Accounting Faculty Shortage and the Demand for Nontraditional Doctoral Programs: Additional Insights” – Washington D.C., Clute Institute, April 2018 PUBLICATIONS Stampone, Ashley (2018) “Out-of-Office Behavior Has Professional Consequences”

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Pennsylvania CPA Journal, Volume 89, Number 3, page 18.

Hometown: Old Forge, PA Current Location: Allentown, PA Hobbies: Traveling and spending time with her corgi.

Fun Fact: I have been to the world’s northernmost brewery.

Faculty Specialist, Ashley Stampone, CPA, joined the University of Scranton in the fall of 2016 after spending several years in public accounting, private industry, and internal audit. She completed both her bachelor’s in accounting (’10) and MBA (’11) from The University of Scranton, and she is currently enrolled in the University’s Doctorate of Business Administration Program.

Professor Stampone teaches and array of courses including Financial Accounting I & II, Managerial Accounting, Cost Accounting, Accounting Information Systems, Advanced Auditing, International Accounting, and Advanced Managerial Accounting. In each of these courses, she stresses the importance of student engagement in the University community and staying active with professional organizations post-graduation. Outside of the classroom, she is the faculty advisor for the Institute of Management Accountants (IMA) Student Chapter, the Association of Certified Fraud Examiners (ACFE) Student Chapter, and she has co-chaperoned a service trip to San Lucas, Guatemala through the University’s International Service Program.

Ashley Stampone

The lessons I learned at The University of Scranton helped guide me throughout my career.

It has been wonderful to be back on campus and to have the opportunity to be the advisor for the IMA and ACFE Student Chapters.”

IMA Student Chapter: 1st Year in Review

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he University of Scranton’s Institute of Management Accountants (IMA) Student Chapter had a busy and successful 2017-2018 academic year. During the year, the student chapter hosted several on campus events such as: K ick-off presentation from Dr. Tara Shawver, President of the IMA’s Pennsylvania Northeast Chapter A lumni presentation from Eric Esoda, CPA and President of Northeastern Pennsylvania Industrial Resource Center A lumni Panel C MA Exam information session held by Wiley A lumni presentation from Erich Schauer, CMA P rofessional workshop conducted by Surgent

Founding student officers, Tony Philip and Zachary Odnoha,

graduated in May 2018. Both left the University with full-time job offers post-graduation.

During Annual Accounting Dinner, we welcomed the 2018/2019 student officers: K yle Hayes, President K yle Ascher, Vice-President N icole D’Alessandro, Secretary N icholas Constantinou, Treasurer Ashley Stampone, Faculty Advisor, is very excited for this upcoming year. “We have outstanding individuals leading the chapter that will continue to promote the mission of the University and the IMA. I have no doubt that this year will be a continued success.”

The student officers also have many reasons to be eager for the upcoming months. Each officer will be attending the IMA’s Student

From left: Mary Patterson, Wiley Representative and Tony Phillip

Leadership Conference in St. Louis, MO. “I am looking forward to attending the IMA conference in November,” says Kyle Hayes, President. “I am excited to be a representative for The University of Scranton.”

Upcoming chapter meetings include various educational and promotional events, industry site visits, networking opportunities, and service activities.

Students Inducted into the IAHS In addition to the chapter events, forty-three student members of the IMA’s Accounting Honor Society (IAHS) were presented with their honor certificates and graduation cords during the Annual Accounting Dinner. The IAHS acknowledges the academic achievements of students majoring in accounting, finance, or IT. Members of the IAHS must be in at least their junior year and have an overall and accounting G.P.A. of 3.0. We congratulate all of these outstanding students!

Student members recently inducted into the IAHS with Ashley Stampone, Faculty Specialist, and Harry Zike ’76, CFO of Chinook Sciences.

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BAP CORNER BAP Membership News

D

uring the 2017/2018 academic year, the student officers, Brian Martines, President; Lisa Fitzgerald, Vice President; Brooke DiMarinis, Treasurer; and Brittany Creegan, Secretary, of the Nu Kappa chapter of Beta Alpha Psi (BAP) and the Society of Accounting Students (SAS) involved the clubs in many events both on and off campus including chapter meetings, volunteer activities, and recruiting events. The clubs enjoyed informational presentations by PwC; Office of the Comptroller of the Currency; Becker; Wiss Company, LLP; RSM International; Neumentum, Inc.; The University of Scranton Center for Career Development; and an Alumni Panel Discussion. Service events included the Leahy Food Pantry Canned Food Drive and the Fall and Spring Scranton Street Sweeps. Faculty advisor, Prof. Amanda Sue Marcy, and three student members, Brittany Creegan, Cynthia Russo, and Farah Azizi, represented the chapter and partook in the International Literacy Day service event at the BAP Annual National Meeting in Washington, D.C. on August 8th-11th.

On May 3, 2018, at the Annual Accounting Dinner, sponsored by RSM US LLP, in the DeNaples Center Ballroom, Prof. Marcy inducted 37 new BAP student members and presented graduation cords and pins to 30 graduating seniors. This year, BAP and SAS kindly invited University of Scranton Alumnus, Harry W. Zike ’76, CFO of Chinook Sciences and Institute of Management Accountants Global Board Member, as the keynote speaker. In this position, he discussed his diverse professional background and provided informative career advice to the graduating seniors. Also at this event, Prof. Marcy conducted the installation

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(left to right) Brittany Creegan, Farah Azizi, Prof. Amanda Marcy and Cynthia Russo

ceremony for the 2018/2019 BAP and SAS student officers: Louis Belardi, President; Cynthia Russo, Vice President; Farah Azizi, Treasurer; and Cynthia Navarro, Secretary.

Professor Marcy and the 2018/2019 student officers spent the summer working diligently to develop innovative program ideas to cultivate the clubs in hopes of advancing the Nu Kappa chapter from Mission based to Distinguished during the 2018/2019 academic year. Upcoming Fall 2018 chapter meetings include The University of Scranton Center for Career Development, Becker, Alumna Susan Otto (’79), BAP Regional Meeting Discussion, and Accounting and Finance Internship Experience Panel.

Anyone interested in volunteering or sponsoring BAP and SAS events, please contact Prof.

Amanda Marcy at amanda.marcy@scranton.edu.

Meet the Faculty Advisor Name: Assistant Professor Amanda Sue Marcy, CPA

•F .S. Lopke Contracting, Inc.: Accounting Intern (2009)

Clubs: Beta Alpha Psi and the Society of Accounting Students

Courses Taught: • Currently: Intermediate Accounting I and II • Previously: Cost Accounting and Financial Accounting

Educational Background: • University of Scranton: Doctorate of Business Administration, Accounting (expected 2020) • University of Scranton: Master of Business Administration, Accounting (2011) • University of Scranton: Bachelor of Science, Accounting (2010) Professional Experience: • University of Scranton: Assistant Professor of Accounting (2018-Present) • University of Scranton: Accounting Faculty Specialist (2015-2018) • Baker Tilly Virchow Krause, LLP: Senior Accountant – Healthcare Assurance (2014-2015) • ParenteBeard, LLC: Staff Accountant – Audit (2011-2014) • University of Scranton: Graduate Teaching Assistant (2010-2011)

Scholarship: • 2018 Clute Institute International Academic Conference on Business, Washington, DC – “The Doctorallyqualified Accounting Faculty Shortage and the Demand for Non-traditional Doctoral Programs: Additional Insights”; co-authored with Dr. Douglas Boyle, Dr. Brian Carpenter and Ashley Regan •2 017 American Accounting Association Annual Meeting, San Diego, CA – “The Doctorally-qualified Accounting Faculty Shortage and the Demand for Non-traditional Doctoral Programs”; co-authored with Dr. Brian Carpenter, Dr. Douglas Boyle and Ashley Regan • 2016 Clute Institute International

(left to right): Brian Martines, Brittany Creegan, Lisa Fitzgerald, Brooke DiMarinis and Prof. Amanda Marcy

Amanda Sue Marcy

Academic Conference on Business, New Orleans, LA – “The Evolution of Accounting Standards for Extraordinary Items”; co-authored with Dr. Brian Carpenter and John Michael Breiner Hometown: Kingsley, PA Current Location: Clifford Township, PA Hobbies: Running; baking; and hanging out with her dogs, Mary Ann and Axl, and cats, Daryl and Mewtwo Fun Fact: She grew up working on her family’s 400-acre dairy farm

(left to right): Prof. Amanda Marcy, Louis Belardi, Cynthia Russo, Cynthia Navarro and Farah Azizi SCRANTON LEDGER | ISSUE #4. VOL #4. FALL 2018

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Accounting Department Professional Alumni Council (ADPAC) Enables Student Success Formed in 2014, the ADPAC continues to play a critical role in transforming Scranton’s accounting students into “standouts” in the profession through mentoring, networking, and outstanding internship/job placement opportunities.

The council has grown to over 50 executive professionals holding positions such as partners in the Big Four International, National, and Regional Accounting Firms, as well as CEOs, CFOs, Controllers, and Vice Presidents in industry.

The mission of the ADPAC best describes their important role:

ADPAC Mission Under the direction of our accounting faculty, the ADPAC provides practice insights and support to ensure that our students are fully prepared to achieve their fullest potential within the profession. This may be accomplished through innovative practical learning experiences, one-on-one student mentoring relationships, professional networking, scholarship opportunities, and/or the kinds of relevant skill development that focus on what is currently needed to be a “standout” within the profession. In addition, the ADPAC will collaborate with the Accounting Department to support its ongoing objective of being recognized as a leader in creating and disseminating relevant applied research to the profession. This latter objective may be 24

achieved through collaboration on research projects, co-author opportunities, grants, and/or endowed research chair positions.

The ADPAC was established and realized many significant positive student and program outcomes under the leadership of Rob Grasso ’98, CPA, partner with Deloitte & Touche. Rob will now transition his ADPAC Chair role to Edward J. Steinmetz, Jr. ’81, CPA, and Senior Vice President for Finance & Administration at The University of Scranton.

and their record of internship/ job placement of our students under Rob’s leadership has been remarkable. Rob is a true friend and champion to our faculty, students, and accounting programs. We look forward to his continued involvement as a member of the ADPAC.” Ed Steinmetz has generously volunteered to serve as the ADPAC Chair and work with Rob on a smooth transition. Dr. Boyle states, “I am most pleased that Ed Steinmetz ’81 has enthusiastically agreed to take the reins and lead the ADPAC into the future. Ed has very strong

The ADPAC’s level of engagement, mentoring, and their record of internship/ job placement of our students under Rob’s leadership has been remarkable.”

Accounting Department Chair and Doctorate Program Director Douglas M. Boyle, DBA, CPA, CMA, commented on the innovation, leadership and service provided by Rob Grasso to the formation and success of the ADPAC: “We truly thank Rob for his outstanding leadership in the role of ADPAC Chair over the past 4 years.

His passion for The University of Scranton and the success of our students is most inspiring. Rob has given back so much to our students and programs. The ADPAC’s level of engagement, mentoring,

relationships with our accounting faculty, alumni, and students. He teaches in our programs and has significant professional experience and a long history with The University of Scranton and our accounting programs. I look forward to our students, alumni, and faculty benefiting from his leadership.”

Ed shares why he is excited to lead the ADPAC: “I believe accounting continues to be one of the strongest programs the University offers today. The demand and need for graduates with these broad skills will continue to grow in the future,

Rob Grasso, CPA

Ed Steinmetz, CPA

998 graduate of The University of Scranton 1 Partner, Deloitte & Touche • Founding ADPAC Chair • Wife Jill, ’99 and three children Robby, Christopher, and Lizzie.

•

• •

• • • •

and the University is well-positioned to respond to that need. The University is blessed to have such a strong and well respected group of faculty and alumni who continue to be leaders on a national level. In today’s competitive environment in higher education, it is extremely important that students and their families see what great pathways The University of Scranton offers its students through these strong relationships our faculty and alumni have developed over the years. Providing internships and other meaningful experiences to our students is key and should lead to more employment opportunities upon graduation.” Ed goes on to express where the ADPAC will focus over the next several years:

raduate of The University of Scranton, G 1981 (UG) and 1984 (G).

Adjunct faculty member in KSOM Senior Vice President for Finance & Administration, The University of Scranton ADPAC Chair Wife, Barbara, and four children: Elizabeth, Jason, Eric, and Michelle who have graduated from college — two through the Kania School

“I would like to continue to broaden the membership of ADPAC. One of the things I love about accounting is that it opens doors for you in many different areas. I would like to see us add new members to ADPAC who work outside of the traditional public accounting and private industry areas that have always been at the heart of our success. In no way am I diminishing the importance of those areas because they are extremely important and will continue to be so, but I do think we have graduates in many other areas within the business world that would surprise people. I’d like to help tell that story more broadly. It might also lead to broader internship and mentoring opportunities for our students as well.”

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Annual Accounting Dinner Includes Impressive List of Award Recipients

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t the Annual Accounting Dinner on May 3, 2018, Accounting Department Chair, Dr. Douglas M. Boyle, and Dr. Daniel P. Mahoney presented the 2018 Accounting Department Professional Alumni Council (ADPAC) Honorary Awards to those distinguished accounting alumni who are actively involved with the advancement of The University of Scranton Accounting Department and its students.

Brian W. Carpenter Research Award: Charles Lenns Esq., CPA ’75, Vice President of Tax at Consolidated Edison of New York and Adjunct Accounting Faculty at The University of Scranton

The University of Scranton is a great institution for the development of the person.

It provides a roadmap to becoming young women and men who can make our world a better place.”

– Charles Lenns

Hometown: Scranton, PA

those of diverse backgrounds, and act ethically and honestly in all business dealings.

What would you change about your professional life? I am happy with how my professional career turned out, but I wish I was better at golf.

Daniel P. Mahoney Mentoring Award: Linda McGowan, CPA ’80, Partner at PricewaterhouseCoopers LLP Hometown: Apalachin, NY Current Location: Morrisville, PA Hobbies: Reading and Gardening

Linda McGowan

Fun Fact: I have eight brothers and sisters Most Missed About Scranton: Discussion topic diversity Advice for Incoming Accounting Majors: Sit for the CPA exam ASAP What would you change about your professional life? Nothing

Current Location: New York City Hobbies: Running and Golf Fun Fact: I ran the Boston Marathon along with 17 other marathons

Charles Lenns

Most Missed About Scranton: Being young and my classmates Advice for Incoming Accounting Majors: While technical accounting skills are important, communication and teamwork skills are most critical. Become a good listener, be open to the opinions and perspectives of others, especially

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Scranton helps develop analytical thinking skills with a focus on ethics.”

– Linda McGowan

John P. McLean Leadership Award:

Michael O. Mensah Service Award:

Harry Zike, CPA, CMA ’76, CFO at Chinook Sciences, LLC

Tara L. Hatler, CPA ’03, Partner at EY

Acquiring knowledge is great; applying that knowledge is even better.”

– Harry Zike

Current Location: Rutherford, NJ Hobbies: Running, Spinning, Traveling, Binging on TV, and Hanging out with my Kids

Tara L. Hatler

Fun Fact: I was a Scranton Cheerleader, taught step aerobics as my work-study job, and collect Monopolies

Hometown: Scranton, PA Current Location: Moosic, PA, but has lived in five U.S. states and on two continents Hobbies: Reading and Mountain Jogging

Hometown: Oxford, CT

Most Missed About Scranton: The cereal bar at the café Harry Zike

Fun Fact: I get up by 5:00am every day for a 10 mile jog Most Missed About Scranton: Camaraderie amongst the student body and intellectual banter with the professors Advice for Incoming Accounting Majors: Never stop learning, dare to be a leader, and give back to those who have helped you along the way – if you can’t give back, then pay it forward.

What would you change about your professional life? I wouldn’t change a thing; I am very happy I chose Accounting as the foundation for my professional career.

Advice for Incoming Accounting Majors: Get relevant work experience or internships early and take every opportunity to practice networking. Being able to talk about your relevant experience with an executive will help you to feel confident in interviews and set you on the right path for communicating with clients and executives as you start your career.

Finding joy in what you do is important; being a CPA can be fun.”

– Tara L. Hatler

What would you change about your professional life?: As a working mother of two, better at being able to simplify the work-life balance challenge.

Any University of Scranton Accounting alumni interested in or desiring more information about the ADPAC council, please contact Dr. Douglas M. Boyle at douglas.boyle@scranton.edu.

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800 Linden Street Scranton, PA 18510

Non-Profit Org. U. S. Postage PA I D Permit No. 520 Scranton, PA

SCR A N T ON

If you are interested in obtaining further information about our programs please contact: Douglas M. Boyle, DBA, CPA, CMA Accounting Department Chair Doctorate in Business Administration Program Director Nonprofit Leadership Program Director Associate Professor The University of Scranton 348 Brennan Hall Scranton, PA 18510 570.941.5436 douglas.boyle@scranton.edu

The Kania School at The University of Scranton offers highly innovative business programs enriched with the latest technological applications and sharply focused on educating the whole person for a lifetime of success.

The University of Scranton is committed to providing a safe and nondiscriminatory employment and educational environment. The University does not discriminate on the basis of race, color, national origin, sex, disability, religion, age, veteran status, gender identity or expression, sexual orientation, or other status protected by law. Sexual harassment, including sexual violence, is a form of sex discrimination prohibited by Title IX of the Education Amendments of 1972. The University does not discriminate on the basis of sex in its educational, extracurricular, athletic, or other programs or in the context of employment. Inquiries regarding non-discrimination and sexual harassment and sexual misconduct policies may be directed to Christine M. Black, assistant director and Interim Title IX Coordinator, Office of Equity and Diversity, 570.941.6645.