MACC PROGRAMS Professional Issues Course More than 120 students were admitted to the Integrated Master of Accountancy (IMAcc) program in Spring 2016. Students who completed a Spring 2017 internship returned to campus in April and participated in a three-week Professional Practice Issues in Accounting, Auditing and Taxation course led by Professor Tom Linsmeier. The course allows students to use their internship experiences to build a foundation for their future development and begins to prepare the students for graduate school. The format of the course is fast-paced and challenging, and provides a common bond for the students as they reflect on their time at WSB. Students in the Professional Issues Course are treated to a visit by author David Callahan
The course included several external speakers who engaged the students on a variety of topics, including: • “FASB: Investor Representation, Uses of Reporting Information & Non-GAAP Measures,” Mark Siegel, FASB board member • “Big Data and the Future of Auditing & Material Negative Events: Materiality, Misstatements, Restatements, and Evaluation of Related Deficiencies,” led by Ray Wilson and Fabian Strauss of PwC • “PTA,” panel discussion led by Professor Linsmeier with: – Panelists: Tanner Engmann (BBA ’15, MAcc ’16), FASB; Kayta Gruenberg (BBA ’15, MAcc ’16), GASB; Kate Konetzke (BBA ’12, MAcc ’13), Schilit Forensics; Taylor Paul (BBA ’09, MAcc ’10), Deloitte; and Troy Van Beek (BBA ’05, MAcc ’06), American Family Insurance • “Making Career Choices,” panel discussion led by Professor Linsmeier with: – Panelists: Heather Acker (BBA ’97), Baker Tilly; Salman Aasi (MAcc ’14), Duff & Phelps Consulting; Kathy Feucht (BBA ’96), Deloitte; Andy Pascaly (BBA ’06, MAcc ’07, JD ’13), Epic; and Erika Schwagerl, current Ph.D. student. • “Responsibilities of a CFO,” led by Dan Kelly (BBA ’84, MBA ’85), American Family Insurance • “Tax Reform,” led by Todd Watchmaker (BBA ’82), Matt Lorenz, and Jason Divine of KPMG • “Public Company Accounting Oversight Board (PCAOB) and the Future of Auditing Standards,” led by Jeanette Franzel, PCAOB member • “Private Company Issues in Accounting, Auditing and Taxation,” led by Daryl Buck, Grant Thornton, former FASB member; Derek Matzke (BBA ’01, MAcc ’02), BDO; and Jessica MacNaughton (BBA ’00, MAcc ’01), Wipfli. • “Role of the Audit Committee and Its Interrelationship with the Internal Audit Function,” led by David Gay (BBA ’96) EY, and Emeritus Professor Larry Rittenberg, former faculty member and audit committee chairman at Woodward Governor. • “Ethics and Professionalism Program: A session with David Callahan, author of The Cheating Culture: Why More Americans are Doing Wrong to Get Ahead.”
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ACCOUNTING AND INFORMATION SYSTEMS | YEAR IN REVIEW