Tag Archives: accounting

Class of 2015: Foster School welcomes promising new faculty

Farh Crystal 030.webCrystal Farh
Assistant Professor of Management & Organization

Education & Experience
PhD (organizational behavior), University of Maryland, 2012
Assistant Professor of Management, Michigan State University, 2012-2015
Office of Naval Research Grant on diversity and team decision-making, 2015
Wallace Dissertation Research Award, Society for Industrial Organizational Psychology, 2014
Frank T. Paine Doctoral Award for Academic Achievement, University of Maryland, 2011
Best International Paper Award, OB Division of the Academy of Management, 2010
Outstanding Reviewer Award, OB Division of the Academy of Management, 2009

Leadership and teams in dynamic contexts; employee proactivity, voice and creativity; individual cross-cultural effectiveness

Avid singer and lover of seafood and hiking

Abhinav GuptaAbhinav Gupta
Assistant Professor of Management & Organization

Education & Experience
PhD (management), Pennsylvania State University, 2015
Research published in top-tier journals Administrative Science Quarterly and Strategic Management Journal

Political ideologies of corporations and executives; institutional change; social activism

Enjoys walking and hiking

Hyeunjung Elina Hwang.webHyeunjung (Elina) Hwang
Assistant Professor of Information Systems and Operations Management

Education & Experience
PhD (industrial administration), Carnegie Mellon University, 2015
Formerly worked for Women’s World Banking, Samsung Securities, 2e Consulting and IT Research & Evaluation

Social networks; business analytics; open innovation; organizational learning

Enjoys running and strength training

Sarah Shaikh

Sarah Shaikh
Assistant Professor of Accounting

Education & Experience
PhD (accounting), University of Arizona, 2015
Is a CPA and CMA
Worked for John Deere in budgeting, forecasting and internal audit, 2005-2009

Management incentives and decision-making; corporate governance; financial reporting quality

Enjoys running, volunteering, reading and traveling

shunko-masha-1039.webMasha Shunko
Assistant Professor of Operations Management

Education & Experience
PhD (manufacturing and operations management), Carnegie Mellon University, 2011
Assistant Professor of Management, Purdue University, 2011-2015
Salgo-Noren Outstanding Master’s Teacher Award, Purdue University, 2014
POM SCM Best Student Paper Competition (Carnegie Mellon), first prize, 2009
Consulting and research with Caterpillar, University of Pittsburgh Medical Center and Emergency Medical Services of Marion County, Indiana, Mayo Clinic
Worked for Deloitte in her native Estonia, providing audit and consulting services to manufacturing and banking clients in Estonia, Latvia, Belarus and Russia

Tax-efficient supply chain management; healthcare operations; behavioral operations management

Loves anything outdoors, including hiking, biking and running, most recently competing in adventure “mud” races

Learn more about Masha Shunko.

Gerhard Mueller honored by Institute of Management Accountants

muellerThe Institute of Management Accountants (IMA) has given its 2015 Distinguished Advocate Award to Gerhard Mueller, an emeritus professor of accounting at the University of Washington Foster School of Business.

Mueller joined the Foster faculty in 1960 and was instrumental to the growth and development of the school’s Department of Accounting. As noted in the IMA award, he is recognized as the “father of international accounting education.”

Mueller is the author, co-author or co-editor of 19 books and more than 100 journal articles and reviews. He won distinguished teaching awards from the American Accounting Association (1982), the University of Washington (1983), the Washington Society of CPAs (1985), Beta Alpha Psi (1987), and the American Institute of CPAs (2000). In 1986, he won the Wildman Medal from the American Accounting Association and Deloitte Foundation for his leading edge research and innovative teaching methods.

At Foster, Mueller served stints as acting dean, senior associate dean, executive director of the school’s Center for International Business Education and Research (CIBER), chair of the Department of Accounting, and director of the Master of Professional Accounting Program.

During his Foster career, he was named the Hughes M. Blake Professor of International Business Management and the Julius A. Roller Professor in Accounting. He has been immortalized in the school’s Gerhard G. Mueller Endowed Professorship in Accounting, currently held by Professor Dawn Matsumoto.

After retiring from the Foster School, he served as a member of the Financial Accounting Standards Board (FASB) from 1996-2001.

Mueller’s advocacy on behalf of the Institute of Management Accountants began with the 1971 publication of his book A New Introduction to Accounting and continued with his involvement in the Accounting Education Change Commission in 1989 and his support of the IMA’s Consortium for Accounting Education Improvement, which produced the 1995 and 1999 Practice Analysis of Management Accounting.

The Institute of Management Accountants is one of the largest associations focused on advancing the management accounting profession. It has more than 75,000 members in 120 countries and 300 professional and student chapters.

The Distinguished Advocate Award was presented June 23 at the IMA’s 96th Conference and Expo in Los Angeles.

Foster undergrads win first place at accounting case competition

PwC Case Competition winners
PwC Case Competition winners from left to right: Lindsey Jackson, Natasha Pulliam, John David McCleary and Trenton Dos Santos-Tam

Another Foster team takes first place!

After winning the PwC (PricewaterhouseCoopers) Case Competition local preliminary round, competing against 46 other universities via video for one of five finalist’s spots, and presenting at the company’s New York City headquarters, a team of four Foster accounting undergrads took home the first place prize.

Frank Hodge, Foster professor and Accounting Chair, reports that during the final round (which included challenging questions from PwC national partners and directors) the students “presented with poise and handled the questions beautifully!”

Congratulations to students John David McLeary, Lindsey Jackson, Natasha Pulliam, Trenton Dos Santos-Tam and faculty coach Jake Thornock!

Undergrads trek to San Francisco to network with employers

Guest post by Zak Sheerazi, assistant director of career development, Undergraduate Career Services

On August 26 and 27, Foster Undergraduate Career Services took a group of students to San Francisco to visit seven companies. This group of Foster students consisted of finance/accounting majors  interested in working in the Bay Area after they graduate.

Each company visit entailed an overview of the company and provided students the opportunity to network with company representatives. During this two-day trek we also had a San Francisco alumni networking night. Roughly 60 Foster alumni from the San Francisco area met up to network with each other and our current students.

Amy Li, accounting/finance major, had this to say about her experience on the trek, “It was a great opportunity that enabled students to have direct interaction with employers and to learn about their jobs from different perspectives. Communication is an essential skill in career development, thus through this form of networking event, we not only explored the diverse career paths we could choose from but also had the chance to build and present our personal brand.”

We would like to send a special thanks to the employers who participated in the SF Trek: Deloitte, EY, KPMG, Piper Jaffray, Prudential Capital, PwC, and Vaquero Capital.

San Francisco Trek
Photos from the company visits and networking night on the San Francisco Trek.

Checking in on YEOC: The March and April Sessions

March: International Experiences
In an ever-connected world, with the lines that divide nations, ethnicities and philosophies becoming blurrier with each passing year, cultural competency will be (if it is not already) key when it comes to professional success. With the theme “International Experiences,” YEOC students are once again proving themselves to be ahead of the curve. The day began with college prep workshops in cultural awareness and leadership, preparing them for the month’s activity. In an event dubbed Global Student Experiences and Around the World Lunch, students rotated between three themed rooms (China, India and Brazil) where they ate lunch (also themed) and listened to a panel of students who had visited that particular country. Afterward, parents joined the students to watch the highly anticipated annual YEOC Cultural Showcase. Performers included UW’s African Student Association, Perlas Mestiza, Jamela Mohammed, Myanmar Student Association, Khmer Student Association and Seattle Karen Don Dance group. Be sure to watch the video for snippets of the showcase and to see the YEOC Flash Mob!

April: Accounting
Just in time for tax season, this month’s theme was “Accounting.” Students kicked things off with a mentor lecture on accounting and a workshop on dining etiquette. Led by Pamela Lacson (Foster’s Associate Director of Diversity & Recruitment), the workshop included the 3 “D’s” of etiquette: Demeanor, Dining and Don’ts. Students also learned the importance of first impressions, voice, eye contact, appropriate attire, handshakes and elevator pitches. Afterward, Beth Lambert, senior manager of EY Fraud Investigative Dispute Services, joined students for this month’s YEOC Talk on Forensic Accounting. Fans of the popular Crime TV genre may be familiar with the term “forensic” as a scientific means to solving grisly crimes. As it turns out, those same skills (gathering and analyzing evidence) can be used to solve white-collar financial crimes like embezzlement, bankruptcy or fraud. Not many high school students can say they spent the day learning the ins and outs of a crucial specialty practice area of accounting. Near the end of the session, students were introduced to their last YEOC activity of the 2013-2014 school year—the case competition. Students will present their findings to a panel of Seattle-area professionals during the May session.

This blog post is a part of a series focusing on monthly YEOC student activities. Visit the YEOC page to learn more about the program.

San Francisco Trek

San Francisco Trek 2013

Foster Undergraduate Career Services team understands the importance of giving our students opportunities to engage with employers outside of the Seattle area. With that said, we are happy to report that Foster Undergraduate Career Services had the opportunity to take a group of Foster students to San Francisco to visit five companies. This group of Foster students consisted of finance/accounting majors who are interested in working in the bay area after they graduate. Each visit entailed an overview of the company, in-addition to students getting the opportunity to network with company representatives. During this two-day trek we also had a San Francisco alumni networking night, where we had roughly 40 Foster alumni from the San Francisco area meet up to network with each other as well as our current students.

When we asked some of the students who attended this trek what they liked best about it, here is what they had to say:

“I loved the networking night at Thirsty Bear. It was beyond helpful to socialize and talk with all the alumni. They were beyond helpful and interested in answering all of our questions.”

“I met several great companies that are on my target company list. These companies let their partners, managers and seniors share their work experience. That is very helpful to me. I knew more about these companies and got in touch with people there.”

“Going to the companies and learning about what is out there was definitely the most valuable part of the trip for me. In addition to and along with that, getting the chance to connect and meet with professionals in the field, particularly the UW grads, was great.”

The companies that we had the opportunity to visit on that two-day trek were:

Foster team wins national KPMG ALPFA Competition

Foster Team Wins National KPMG ALPFA Competition On August 13 and 14 in Las Vegas, an undergraduate accounting team from the UW Foster School of Business won the Association of Latino Professionals in Finance & Accounting (ALPFA) national case competition.

Sponsored by KPMG, the invitation only competition selects teams from 24 schools around the country to analyze specific public companies and present on key accounting policies, strategies and risks, and provide recommendations to help mitigate the firms’ risks.

The Foster team analyzed Tyson Foods, a public company headquartered in Arkansas. They worked throughout spring quarter analyzing and researching Tyson’s financial position. Foster’s team consisted of seniors Sonia Gorski and Ana Mendez and juniors Anthony Escobar and Gideon Vasquez.

“Our Foster team gave an extremely impressive presentation to the mock audit committee from KPMG,” says faculty adviser Patricia Angell, who coached the students. “Any firm would be honored to be represented by these polished professionals.”

The team was also supported by the local ALPFA chapter and KPMG managers Mark Turley and Lakshmi Kuduganti.

UW Foster students win silver at national accounting competition

A team of Foster accounting students won second place in the national KPMG-sponsored Association of Latino Professionals in Finance & Accounting (ALPFA) competition in Florida this August. The UW was one of only 28 schools invited to participate in KPMG’s prestigious national competition.

accounting_competition_2010The Foster team, Richard Clough, Nick Colmenero, Marilu Cruz, Vincente Silva and Veronica Talavera, received a case study about Alcoa Corporation in January 2010. For six months, the students worked on an in-depth analysis of Alcoa’s strategic risks, business processes and accounting issues. They made recommendations to Alcoa’s audit committee, and suggested ways the company could manage strategic risks. Case questions included complex probing on financial derivatives, hedging activities, risk assessment and management as well as corporate governance.  In August 2010, the team traveled to Florida and presented their case findings to a panel of KPMG judges at the ALPFA convention.  After winning second place, the UW team was honored at the convention’s leadership luncheon. 

The ALPFA convention provided the students an opportunity to network with accounting professionals and attend Microsoft Excel learning sessions. They also explored potential career paths at a national job fair.

Foster’s 2010 team had three mentors: UW faculty member Patricia Angell, KPMG manager Matt Quint and Foster graduate Jacob Brownfield.

Naming opportunities connect more than money to PACCAR Hall

Stepping into PACCAR Hall next fall, you will see a multitude of differences between the Foster School’s spacious, cutting-edge facility and its former primary classroom building, Balmer Hall. Most noticeable will be the feeling one has stepped into the next century where natural light bathes a sophisticated architectural mix of brick, steel, wood and glass.

Pass through the corridor of the second floor and you’ll see a two story atrium complete with a coffee shop and a fireside lounge (again, this isn’t Balmer Hall). To your right you’ll see an undergraduate commons and three of the most advanced multimedia classrooms at the University of Washington. To the left are four more classrooms ranging from 30 to 95 seats. Outside each is a cluster of student team rooms to promote collaboration and business planning… perhaps for the launch of the next Microsoft.

It took more than $80 million in private support to build PACCAR Hall, and a closer look in the new building will show significantly greater signage carrying the names of business partners and alumni who helped make the building possible. Yet, there is more than money behind each name found in PACCAR Hall.

Here’s the story of one such amazing person: Alice W. Sandstrom.

The sign adorning the last team room on the left says Ms. Sandstrom was a 1934 graduate of the business school. 1934! Unlike today’s evenly represented programs, there weren’t many women studying business back then.

In fact, Ms. Sandstrom was one of only two women in the accounting program and an exception to many social restrictions throughout her life. In the midst of the Great Depression, she realized that an accounting degree was necessary for the future she hoped to have.

Alice, who passed away in March of last year, was one of the first female CPAs in Washington and worked as an accountant through World War II. In 1948, she began a 33-year run in helping Children’s Hospital become the vital community enterprise it is today.

When Alice stepped down as CFO in 1981, she did anything but retire. She spent more than 10 years sharing her knowledge as a lecturer at the UW. She was a long-time president and board member at both the YWCA of Seattle and Senior Services. Alice also received numerous awards for volunteerism and community service.

In 2002, on the heels of receiving the Outstanding Alumna Award from Foster students in Beta Alpha Psi, Alice was given Foster’s Distinguished Leadership Award, the School’s highest non-degree honor.

For 94 years, Alice lived in Seattle and eagerly helped those around her. She enjoyed nothing more than the opportunity to share her success and passing on nuggets of wisdom, which included the five rules she lived by:

  • Be passionate about what you do
  • Be a mentor
  • Cherish your friends
  • Always be positive and enthusiastic
  • Dream big

Even in her last few years, Alice frequently attended events throughout the community.

Patricia Angell, Accounting Department Lecturer and Internship Director at Foster, accompanied Alice to many functions and was one of Alice’s many fans and friends.

“Alice was an inspiration to me and all women pursing our professional dreams.” Patricia said. “She was a trailblazer in accounting and she continues to inspire us today.”

There’s no question the Foster School and the University of Washington benefited from Alice Sandstrom’s presence, passion and persistence. The team room named for her in PACCAR Hall is but one small way she will be remembered.

And, knowing Alice, little would bring her more joy than seeing future generations of business and community leaders learning to “dream big” using the Sandstrom Team Room in PACCAR Hall. She’ll be right there with them in spirit as well as name, just like so many others who helped make Foster’s new world-class facilities a reality.

Mother’s wisdom, scholarship support lead to opportunity found

RatliffKiyosha_fullWho would have thought a girl destined to cashier at a fast-food restaurant would travel to Europe and work for a Big Four accounting firm?

Scholarships do more than make college affordable. They can open doors to a whole new world of opportunity. They can transform lives. Kiyosha Ratliff is living proof of that transformation.

The future went from bright to bleak when Kiyosha’s parents divorced, her father lost his job and her mother became ill. Given the family’s financial situation, college no longer seemed possible and Kiyosha seriously considered taking a second job at a fast food restaurant to help out. Her mother wouldn’t hear of it. She insisted her daughter head for the UW, but Kiyosha required serious scholarship support in order to pursue her dream of a college education.

Luckily she qualified for a suite of scholarships through Foster that became the lifeblood of her education and her personal development. The generous donations that fund the scholarships funded her chance to change her life.

As a result of these scholarships, Kiyosha excelled as an undergrad, advised small business owners, traveled abroad, mentored high school students, won numerous awards, attended a summer program at Harvard Business School and interned at Deloitte Consulting. These opportunities helped Kiyosha grow in many ways even beyond her education.

“The UW was such fertile soil for me, not only in gaining knowledge about the world around me, but also in developing leadership skills and gaining a broader perspective,” Kiyosha said. “Who would have believed that the same girl who wasn’t even going to go to college would have the opportunity to graduate from the UW, participate in a program at Harvard Business School and work for Big Four accounting firms? That’s what you call a transformation.”

And that change is made possible by families, companies and individuals who donate to Foster. Because of their willingness to give, students like Kiyosha can realize aspirations that would not have been attainable on their own.