BYU School of Accountancy

Last updated
BYU School of Accountancy
Established1976
Parent institution
 Marriott School of Business
Affiliation
Undergraduates 270 per year
Postgraduates 160-175 per year
Location
Provo, Utah
,
USA

40°15′2″N111°39′8″W / 40.25056°N 111.65222°W / 40.25056; -111.65222
Campus Brigham Young University
DirectorDoug Prawitt
Website marriottschool.byu.edu/soa

The School of Accountancy (SOA) at Brigham Young University is a department within the Marriott School of Business. The school offers one bachelor's degree and one master's degree.

Contents

History

A bookkeeping class in 1895 at what later became Brigham Young University BYU Bookkeeping 1895.png
A bookkeeping class in 1895 at what later became Brigham Young University
The School of Accountancy was created in 1976 within the Marriott School of Management. TNRB Tanner Building.jpg
The School of Accountancy was created in 1976 within the Marriott School of Management.

The SOA has roots that date back to the beginnings of Brigham Young University. Bookkeeping classes were taught at Brigham Young Academy (which later became BYU) in its Commercial College (the Marriott School of Management's predecessor). [1]

In 1976, under the direction of dean Merrill J. Bateman, [2] the Marriott School of Management created the Institute of Professional Accountancy within its jurisdiction. Then in 1990 faculty from the Information Management Department joined the school to consolidate the faculty and form a nucleus for program development. However, on August 12, 2005 the Marriott School announced the division of the School of Accountancy and Information Systems into two parts: the School of Accountancy and the Information Systems Department. [3]

The SOA started a Ph.D. prep track informally in 1994. The professors noticed several students who had a desire to enter a Ph.D. program but realized that they understood very little about what earning a Ph.D. entailed; moreover, since academia is suffering from a significant shortage of accounting professors and is projected to face even more significant shortages in the future, the program seemed ideally suited for the situation., [4] [5] The program was formalized in 2000, as applicants were required to apply and efforts were made to more formally recruit students. [6] In 2002, seven students finished the program and entered Ph.D. programs. Thereafter, the program has placed between four and nine students each year into Ph.D. programs across the country. The Ph.D. Prep Track has been successful in placing into doctoral programs 100 percent of its graduates who have submitted applications. [7] The school has become the largest single provider of students into Ph.D. programs in the United States. [8]

Degrees and programs

The School of Accountancy offers two degrees. The Bachelor of Science in Accountancy requires that students complete a core curriculum during their junior year that comprises 24 credit hours of accounting classes over the course of the fall and winter semesters. Students work in a team of five or six for the entire year and stay in the classroom for a three-hour block while professors rotate in and out. [8]

The Master of Accountancy (MAcc) graduate degree has two emphases, a tax emphasis or a professional (auditing) emphasis. Within either emphasis, students can apply to enter the Ph.D. Prep Track, which focuses on preparing students to apply for and enter a Ph.D. program upon graduating from BYU.

Many undergraduate students at the SOA[ quantify ] opt into a dual-degree BSAcc/MAcc, which takes five years to complete. [9]

Conferences and endeavors

Since 2004, the SOA has hosted an annual Accounting Research Symposium. The purpose of the symposium is “to unite BYU alumni and friends in our efforts to foster relevant and consequential accounting research.” [10] One of the explicit purposes of the symposium is to bring back students who have graduated from the Ph.D. Prep Track to network and receive feedback on research ideas. [10] [11]

Under the direction of Norm Nemrow and with the assistance of BYU’s Center for Instructional Design, the SOA has also developed the "Value-Added Teaching Model", a CD-based program used to teach accounting that employs vector-based technology from Macromedia Flash. [12] The reduction in lectures due to the CD supplement has proven effective in doubling student's interest in accounting as a major, and over 90 percent of students prefer the CD based approach over a traditional textbook/lecture approach. [13]

BYU accounting faculty members and students, in conjunction with a Utah State University faculty member, developed a new set of accounting research rankings. [14] The rankings are based on the authors' research and separately rank accounting institutions and accounting Ph.D. programs. [15] [16] [17] The rankings build on prior research by (1) breaking accounting rankings into separate topical area and methodological rankings, (2) giving institutions research credit only for publications of faculty currently employed at the institution, and (3) providing rankings for three time windows. [18] [19]

Rankings and awards

SourceDegreeRankReference
Public Accounting Report BSAcc3 [20]
U.S. News & World Report BSAcc3 [21]
Wall Street Journal BSAcc1 [22]
Public Accounting Report MAcc3 [20]
U.S. News & World Report MAcc7 [23]

For 2009, the bachelor's degree in the SOA received two #3 rankings, one by Public Accounting Report and the other by U.S. News & World Report . [20] [21] The same two reporting agencies also ranked the school's MAcc program #3 and #9 in the nation, respectively. [20] [23] In 2023, the undergraduate degree ranked 3rd and the MAcc program ranked 4th in the nation according to U.S. News & World Report. [24]

The SOA is the only accounting program in the country to twice receive the American Accounting Association's Innovation in Accounting Education Award. [25] The first award, received in 1993, was for the development of the Junior Core, and the second (2007) for development of the Ph.D. prep track.

People

Faculty

Alumni

The School of Accountancy has been highly successful at placing students upon graduating. In 2007, 97% of MAcc students had a job at the time of graduation and 100% of the MAcc students had a job within 3 months after graduation. [33] In 2007, 89% of undergraduates had a job at the time of graduation and 97% had a job within 3 months after graduation. [34] All four of the Big Four accounting firms as well as many national and regional firms recruit graduates. [34] The Ph.D. Prep Track has been successful in placing into doctoral programs 100 percent of its graduates who have submitted applications. [7]

Ph.D. Prep Track alumni are invited back to BYU to participate in the School of Accountancy's annual Accounting Research Symposium. [10] [11]

BYU alumni include many corporate executives, partners in CPA firms, and entrepreneurs.

Related Research Articles

<span class="mw-page-title-main">Brigham Young University</span> Private university in Provo, Utah, US

Brigham Young University (BYU) is a private research university in Provo, Utah, United States. It was founded in 1875 by religious leader Brigham Young and is sponsored by the Church of Jesus Christ of Latter-day Saints.

<span class="mw-page-title-main">Brigham Young University–Idaho</span> Private college in Rexburg, Idaho, US

Brigham Young University–Idaho is a private college in Rexburg, Idaho. Founded 136 years ago in 1888, the college is owned and operated by the Church of Jesus Christ of Latter-day Saints. Previously known as Ricks College, it transitioned from a junior college to a baccalaureate institution in 2001.

<span class="mw-page-title-main">Singapore Management University</span> Autonomous university in Singapore founded in 2000

The Singapore Management University (SMU) is a publicly-funded private university in Singapore. Founded in 2000, SMU is the third oldest autonomous university in the country, modelling its education after the Wharton School. The university is triple accredited by AACSB, EQUIS and AMBA. In 2024, SMU was ranked 44th in the world for Business and Management Studies, while also placing in the top 100 for Economics and Finance by QS.

<span class="mw-page-title-main">J. Reuben Clark Law School</span> Law school at Brigham Young University, Provo, Utah

The J. Reuben Clark Law School is the law school of Brigham Young University (BYU) in Provo, Utah. Founded in 1973, the school is named after J. Reuben Clark, a former U.S. Ambassador, Undersecretary of State, and general authority of the institution's sponsoring organization, The Church of Jesus Christ of Latter-day Saints.

Accounting scholarship is an academic discipline oriented towards the profession of accounting, usually taught at a business school.

<span class="mw-page-title-main">Carlson School of Management</span> University of Minnesota business school

The Curtis L. Carlson School of Management is the business school of the University of Minnesota, a public research university in the Twin Cities of Minneapolis and Saint Paul, Minnesota. The Carlson School offers undergraduate and graduate degrees as well as an executive education program. It also offers dual degrees with the colleges and schools of public affairs, law, medicine, and public health.

The Weatherhead School of Management is a private business school of Case Western Reserve University located in Cleveland, Ohio. Weatherhead offers programs concentrated in sustainability, design innovation, healthcare, organizational behavior, global entrepreneurship, and executive education. The school is named for benefactor and Weatherchem owner Albert J. Weatherhead III, and its principal facility is the Peter B. Lewis Building.

<span class="mw-page-title-main">Fisher School of Accounting</span> School of the University of Florida, U.S.

The Fisher School of Accounting is the accounting school at the University of Florida.

The Marriott School of Business is the business school of Brigham Young University (BYU), a private university owned by the Church of Jesus Christ of Latter-day Saints and located in Provo, Utah, United States. It was founded in 1891 and renamed in 1988 after J. Willard Marriott, founder of Marriott International, and his wife Alice following their $15 million endowment gift to the school.

The School of Accounting and Finance (SAF) at University of Waterloo is a professional school within the Faculty of Arts. The School was established in 1980 under the name 'School of Accountancy'. Its name was changed in 2008 to better reflect its program offering. Today, more than 1,600 students are enrolled in the School's programs. In September 2009, a new 52,000 square feet (5,000 m2) building was officially opened to house the School.

<span class="mw-page-title-main">BYU College of Family, Home and Social Sciences</span> Private college in Provo, Utah, United States

The BYU College of Family, Home, and Social Sciences is a college located on the Provo, Utah campus of Brigham Young University and is housed in the Spencer W. Kimball Tower and Joseph F. Smith Building. The BYU College of Family Living was organized on June 28, 1951, while the BYU College of Social Sciences was organized in 1970. These two colleges merged to form the current college in 1981. The first dean of the college was Martin B. Hickman. The college includes nine major departments: Anthropology, Economics, Geography, History, Political Science, Psychology, The School of Family Life, Social Work, and Sociology. There are 21 different majors and 21 different minors that students can choose from, including 9 majors that have a correlating minor.

<span class="mw-page-title-main">Kim S. Cameron</span>

Kim Sterling Cameron is the William Russell Kelly Professor of Management and Organizations at the Ross School of Business at the University of Michigan. He was formerly the dean of the Weatherhead School of Management at Case Western Reserve University. He has also served as associate dean at both the Marriott School of Management at Brigham Young University (BYU) and in the Ross School of Business.

K. Fred Skousen is an American educator and administrator. Skousen retired in 2008 as the Advancement Vice President at Brigham Young University. Previously, he was Dean of the Marriott School of Management and Director of the School of Accountancy at Brigham Young University. Skousen has been a consultant to the Financial Executive Research Foundation, the Comptroller General of the United States, the Federal Trade Commission and several large companies. Skousen served as a faculty member at the University of Minnesota, the University of California, Berkeley, and the University of Missouri, as well as a faculty resident on the staff of the U.S. Securities and Exchange Commission (SEC). He served as Director of Research and a member of the executive committee of the American Accounting Association, is a former member of the American Institute of CPAs and is a former president of the Utah Association of CPAs.

<span class="mw-page-title-main">BYU College of Fine Arts and Communications</span> Fine arts school of Brigham Young University

The Brigham Young University (BYU) College of Fine Arts and Communications (CFAC) is one of the nine colleges at the university, a private institution operated by the Church of Jesus Christ of Latter-day Saints and located in Provo, Utah. Founded in 1925, the college has grown from a small college of the arts with minimal faculty and only 100 students to the second largest college on campus.

W. Steve Albrecht is the Andersen Alumni Professor at the Marriott School of Management of Brigham Young University (BYU). He is a former president of the American Accounting Association and was previously president of the Association of Certified Fraud Examiners. He was also formerly an associate dean of the Marriott School of Management. Albrecht served as the mission president for the Church of Jesus Christ of Latter-day Saints in Tokyo, Japan.

Kevin D. Stocks is an accounting professor in the Marriott School of Management at Brigham Young University. He currently holds the KPMG Professorship and recently stepped down as the Director of the School of Accountancy, a position he held for the last nine years. This year he is involved as Professor in Residence with KPMG.

<span class="mw-page-title-main">Frank A Buckless</span>

Frank A Buckless is an American business educator, textbook editor and author, as well as consultant who is known for his expertise in auditing. Buckless is the Stephen P. Zelnak Dean of the Poole College of Management at North Carolina State University.

Brigitte C. Madrian is a behavioral economist and is the ninth dean of the Marriott School of Business at Brigham Young University (BYU). She is the first woman to serve as dean and has a joint appointment in the Department of Finance and the George W. Romney Institute of Public Service and Ethics.

References

  1. ↑ "Campus Photo". BYU. 1895. Retrieved 2010-01-12.
  2. ↑ "Lucky Number Seven". Marriott Magazine. 2009. Archived from the original on 2010-06-19. Retrieved 2010-01-12.
  3. ↑ News Releases Archived 2007-08-10 at the Wayback Machine
  4. ↑ Plumlee (Chairman), R. David; Kachelmeier, Steven J.; Madeo, Silvia A.; Pratt, Jamie H.; Krull, George (2006). "Assessing the Shortage of Accounting Faculty". Issues in Accounting Education. 21 (2): 113–125. doi:10.2308/iace.2006.21.2.113.
  5. ↑ "The accounting Ph.D. crisis and the profession's response". Archived from the original on 2008-11-23. Retrieved 2008-04-18.
  6. ↑ "Lifting Off" . Retrieved 2008-04-10.
  7. 1 2 "BYU Accountancy and Information Systems Doctoral Prep Programs Successful". Archived from the original on 2011-07-17. Retrieved 2008-04-11.
  8. 1 2 Murdock, J. Melody Peay (Winter 2010). "Accounting for Success". BYU Magazine. 64 (1). Provo, Utah: Brigham Young University: 40–45. Retrieved January 20, 2010.
  9. ↑ "Program Overview".
  10. 1 2 3 "Accounting Research Symposium". Archived from the original on 11 May 2008. Retrieved 2008-04-10.
  11. 1 2 "Prep School". Archived from the original on 2010-06-19. Retrieved 2008-04-10.
  12. ↑ "Description of Accounting CD's" . Retrieved 2008-05-16.
  13. ↑ "Statistics of Value-Added Teaching Model" . Retrieved 2008-05-16.
  14. ↑ "BYU Accounting Rankings" . Retrieved 2010-05-13.
  15. ↑ Coyne, Joshua G.; Summers, Scott L.; Williams, Brady; Wood, David A. (2010). "Accounting Program Research Rankings by Topical Area and Methodology". Issues in Accounting Education. 25 (4): 631–654. doi:10.2308/iace.2010.25.4.631. S2CID   154403837.
  16. ↑ Stephens, Nathaniel M.; Summers, Scott L.; Williams, Brady; Wood, David A. (March 2011). "Accounting Doctoral Program Rankings Based on Research Productivity of Program Graduates". Accounting Horizons. 25 (1): 149–181. doi:10.2308/acch.2011.25.1.149.
  17. ↑ Pickerd, Jeffrey; Stephens, Nathaniel M.; Summers, Scott L.; Wood, David A. (2011). "Individual Accounting Faculty Research Rankings by Topical Area and Methodology". Issues in Accounting Education. 26 (3): 471–505. doi:10.2308/iace-50002.
  18. ↑ "Leading Academic Research Centers of Accountancy" . Retrieved 2010-05-11.
  19. ↑ "Research Rankings by Topical Area and Methodology". Archived from the original on 2010-05-25. Retrieved 2010-05-13.
  20. 1 2 3 4 "2009 Accounting Program Rankings". Public Accounting Report . 2009. Retrieved 2010-01-19.
  21. 1 2 "Ranking of undergraduate accounting programs". U.S. News & World Report . 2009. Retrieved 2010-01-19.
  22. ↑ "Top 25 Colleges". Wall Street Journal . 2009. Retrieved 2010-01-19.
  23. 1 2 "Ranking of graduate accounting programs". U.S. News & World Report . 2010. Retrieved 2011-02-26.
  24. ↑ https://www.usnews.com/best-graduate-schools/top-business-schools/accounting-rankings [ bare URL ]
  25. ↑ "Innovation in Accounting Education Award Winners". Archived from the original on 23 March 2008. Retrieved 2008-04-16.
  26. ↑ "1998 Annual Meeting". Archived from the original on 8 April 2008. Retrieved 2008-04-10.
  27. ↑ "ACFE Awards First Cliff Robertson Sentinel Award to Namesake" . Retrieved 2008-04-10.
  28. ↑ Auditing Standards Board Members Archived 2007-09-27 at the Wayback Machine , AICPA.org
  29. ↑ "Lee H. Radebaugh". Archived from the original on 2008-01-26. Retrieved 2008-04-10.
  30. ↑ "Scott Summers". Archived from the original on 2008-01-25. Retrieved 2008-04-10.
  31. ↑ "2003-2004 AAA Section, Group, and Region Officers" . Retrieved 2008-04-10.
  32. ↑ "School of Accountancy and Information Systems Appoints New Director". Archived from the original on 2007-01-28. Retrieved 2008-04-10.
  33. ↑ Salary/Bonus Data Archived 2008-04-30 at the Wayback Machine
  34. 1 2 Salary/Bonus Data Archived 2008-04-30 at the Wayback Machine
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.