Still Life
Commencement across Penn State: Spring 2012
Spring commencement 2012 under way
Penn State, Moroccan students problem-solve together
Finals Week Spring Semester 2012
Children explore career options at University Park
Painting the Lines at Beaver Stadium
Did They Get It Right? - RedTails
Iconic Penn State elm taken down over spring break 2012
We ... are Penn State (December 19, 2011)
Disease stricken matching elm tree slated for removal
Penn State's creamery, from the cow to the cone
David D. Anderson is the recipient of the 2011 Penn State Beaver Outstanding Alumnus Award. The award recognizes Beaver alumni who have distinguished themselves through career achievements as well as campus and community involvement. Beaver Chancellor Gary Keefer presented the award to Anderson at the Jan. 25 dinner meeting of the Penn State Beaver Advisory Board. (more)
The Penn State Smeal College of Business is now accepting applications for fall 2012 admission to its new One-Year Master of Accounting Program. The one-year MAcc Program is intended for recent college graduates who need to complete additional coursework to become a certified public accountant (CPA). To be licensed as a CPA in nearly every state, including Pennsylvania, individuals must now complete 150 credit-hours of education to meet the expanding demands of the profession. The One-Year MAcc Program is open to students with bachelor's degrees in a wide variety of disciplines, not just accounting. (more)
The panelists laughed, joked and were clearly passionate about their profession. They stressed the importance of interpersonal skills, entrepreneurship and versatility. But the words debit and credit were never uttered, so it may be surprising that the dynamic career they were championing was accounting. (more)
In recent research, Dan Givoly, Ernst & Young professor of accounting at the Penn State Smeal College of Business, and coauthors Carla Hayn of the University of California, Los Angeles, and Sharon Katz of Harvard University, compared the earnings quality of privately owned firms with those of publicly owned firms in order to understand how public ownership affects earnings quality. The researchers found that both management incentives and demand by investors for earnings quality are important factors that shape the financial reporting of public equity firms. (more)
Announcing a merger on a Friday may not be the best idea if you want people to pay attention. Research by two Penn State accounting professors suggests that investor inattention results in lower trading reactions to Friday merger announcements. In a forthcoming issue of Management Science, Henock Louis, associate professor of accounting at the Penn State Smeal College of Business, and Amy Sun, assistant professor of accounting at Smeal, detail the impact of this inattentiveness on acquirers' trading volumes and returns around merger announcements. (more)
Gina M. Indelicarto, a cum laude graduate of Pennsylvania College of Technology's four-year accounting major, has been included among the Pennsylvania Institute of Certified Public Accountants' "outstanding seniors." Indelicarto is listed among this year's award-winners at PICPA's CPAZone, a Web site exclusively dedicated to Pennsylvania students and educators interested in the accounting profession. (more)
According to Ed Ketz, an associate professor of accounting at Penn State, a Ponzi Scheme is simple. Victims are lured by the promise of fantastic returns on their money. Impressive-sounding terms such as "hedge futures trading," "high-yield investment programs," and "offshore investment" are bandied about, but in reality, the dividends paid to investors don't come from prudent analysis of the markets. Instead, Ponzi payouts come from the cash deposited by other investors. (more)
Penn State World Campus recently named Robert Crum, associate professor of accounting at Penn State's Smeal College of Business, as the winner of its 2008 Outstanding MBA Faculty award in recognition of his contributions on the faculty of the World Campus iMBA program. (more)
It's almost here. The day that most employed Americans dread: April 15. Commonly known as tax day, it has been an annual event since 1913 when the 16th Amendment was ratified. Charles Enis, associate professor of accounting at Penn State's Smeal College of Business, offers advice for those who have not yet filed their tax returns. (more)
