Ethics, Integrity & Independence of Mind
Beta Alpha Psi 2010 Annual Report
Mission Statement Beta Alpha Psi is a nonprofit international honorary and service organization for accounting, finance and information systems students at AACSB- or EQUIS-accredited universities. Beta Alpha Psi provides opportunities for development of technical and professional skills to complement university education; participation in community service; and interaction among students, faculty and professionals. Article I – Mission Statement Bylaws of Beta Alpha Psi
The Associates Through the advice and assistance of the International Advisory Forum, Beta Alpha Psi instituted the Associates Program in 1981. The Associates Program enables Beta Alpha Psi to further its objectives by providing financial support for events such as regional meetings and other ongoing chapter activities. Each member of the Associates Program provides financial support at a level consistent with the organization’s involvement in business education and employment of accounting, finance and information-systems graduates. Members of the Beta Alpha Psi Associates are given equal recognition for each event or project supported by the Associates’ funds. International Associates for 2009-2010
The International Affiliates:
• AGN International North America Inc.
American Accounting Association
• American Institute of CPAs (AICPA)
American Society of Women Accountants
• Association of Chartered Certified Accountants
American Woman’s Society of Certified Public Accountants
• BDO Seidman, LLP
The Association of Government Accountants
• Becker Professional Education
Association of Information Systems
• Bisk Education
The Institute of Internal Auditors
• Chevron Corporation
Institute of Management Accountants
• CPAexcel Exam-- Review
National Association for State Boards of Accountancy
• Deloitte. • Ernst & Young LLP
The Regional Associates:
• Fifth Third Bank • Grant Thornton LLP
• The California Society of Certified Public Accountants
• Internal Revenue Service
• Illinois CPA Society
• Kaplan Schweser
• Indiana CPA Society
• KPMG LLP
• Kentucky Society of CPAs
• McGladrey
• Pennsylvania Institute of CPAs
• Moss Adams LLP
• New York State Society of CPAs
• Office of the Comptroller of the Currency
• Texas Society of CPAs
• PricewaterhouseCoopers LLP
• Virginia Society of CPAs
• Protiviti
• Washington Society of CPAs
Table of Contents
President’s Letter
2–3
Board of Directors
4–6
Chapter Advocates 7
International Advisory Forum
Business Information Professional of the Year Awards
Regional Meetings
12
2011 Regional Meeting Schedule
12
Regional Best Practices 2010
13
International Scholars
Oceania Meeting
19
Outstanding Faculty Advisors
20
2010 Annual Report
8–9 10 – 11
14 – 18
In Memory.... 21
Outstanding Chapter Awards and Chapter Information
22 – 31
New Chapter Installations
32
2009 Annual Meeting Winners
33
Nancy C. Harke Executive Office
Financial Statements
Past Presidents
34 — 35 36 – 43 44
1
President’s Letter
Beta Alpha Psi (BAP) is about the students and their role in creating the future of the information profession. The BAP leadership believes that choosing one of the information professions is more than choosing a job description or career. As information professionals, we make commitments to those we serve that go beyond serving our solely personal career goals.
The competence required of a professional, when
and other qualified academic programs in Australia and
combined with a strong ethical foundation, the integrity
New Zealand in April of this year.
to live by that ethical commitment, and the independence of mind to stand against the easy answers when the tough answer is the right answer, creates a bond of trust between those in the information professions and those they serve. Without this bond of individual and corporate trust, we cannot serve the public interest and would not deserve to be considered members of an honorable profession. Through its programs and activities BAP not only seeks to enhance our members’ competencies and skills, but also seeks to instill in them an ethic that will help them
forces were created to address BAP’s most immediate strategic concerns: Mission and Chapter Incentives; Revenue Enhancement and Expenditure Control; International Expansion; and, Communication with Stakeholders. The task force issues clearly are interrelated. The Board has rejected the “hunker down” and “go slow” options and is focused on bringing BAP into the 21st century on each of the Strategic Task Force initiatives.
Member Activity
navigate the complexities of the working world as they
Our chapters have been very active this year as evidenced
cross the bridge from academe to practice.
by program participation in: Regional and Annual
Strategic Growth
meetings at record levels; reaching Distinguished and Superior Chapter Status (sponsored by KPMG); and,
Perhaps the most immediate evidence of this success
competing for many of the awards available to the
is the continued growth of BAP. This past year we have
chapters. At the Annual Meeting our members will
inducted five new active chapters and received five
compete in the Best Practices (sponsored by Deloitte) and
petitions for future active chapter status. This year, 8,700
Project-Run-with-It (sponsored by Moss Adams). Awards
new student members have been inducted. Some of
will be given to the winning chapters who submitted
these chapters and students are outside the United States.
videos for the Gold Challenge competition (sponsored by
In recent years, BAP committed to extend its reach on the international stage recognizing the global nature of our profession. I visited Australia and New Zealand last year following up on past Presidential visits. Auckland University in New Zealand became an active chapter this year, joining the University of Sydney in Australia.
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In keeping with the Board’s strategic focus, four new task
KPMG). Everyone attending the Annual Meeting in San Jose will have the opportunity to once again participate in the unique Community Service Day activity (sponsored by KPMG). Each of the competitions and activities contribute to our members’ development as individuals and future professionals.
In addition, we have received three new petitions in the
Individual excellence is also recognized with a variety
Oceania region. Pearl Rozenberg, the founding Faculty
of awards presented at the Annual Meeting, the:
Advisor of the University of Sydney chapter now serves
Outstanding Business Information Professional Awards
on the BAP Board in charge of the Global Initiative. Pearl
with representatives from industry, academia and not-
organized a successful meeting of the active, petitioning
for profits; Medal of Inspiration Award (sponsored by
B ETA ALP HA P S I
President’s Letter
the AICPA), recognizing an individual who beat
Unfortunately, there is simply not the room or time
the odds in overcoming adversity; The Internal
to thank the large number of Faculty Advisors that
Revenue Service sponsors VITA and will again award
support the Chapters and student members. There is
outstanding VITA volunteer chapters; Diversity
no question that these individuals are key elements
Award (sponsored by Ernst & Young) focused on
in a chapter driven organization like our own.
increasing diversity in the information professions;
Representative faculty advisors are recognized by
Outstanding Faculty Advisors Award (sponsored
our Outstanding Faculty Advisors Award (sponsored
by McGladrey.) recognizing the essential services
by McGladrey). At the Annual Meeting, a Faculty
performed by faculty for the students of BAP; and
Advisors Reception (sponsored by Grant Thornton
finally, the President’s Award given by each President
LLP) is held each year in recognition of their service
to a person who rose to a challenge beyond the
to BAP.
norm, in an organization of people who operate beyond the norm for BAP.
Finances and the BAP Business Model You will find the annual financial statements in this
I want to take this opportunity to thank my two Annual Conference Co-Chairs: Professor Audrey Gramling, Kennesaw State University; and, Professor Mark Taylor, Case Western Reserve University.
Report. Our Board and Executive Office have done
Finally, I want to thank all of the students from our
an excellent job in keeping BAP in sound financial
Host Chapters for each of the Regional and the
condition during difficult times. BAP is in sound
Annual meetings for their hard work and support.
financial shape in the short-run, i.e. we have a strong cash balance. However, the Board recognizes the need for BAP to rise to the challenge of changing times and has, as noted, created four strategic Task Forces to help position BAP for the future. The Executive Office and Board will be keeping you posted on all of these developments through our
BAP is an exceptional organization made up of equally exceptional people throughout and without exception. It has been an honor to serve with them during the last two years and will continue to be an honor to be among them and you next year. Keep up the good work.
new and revised website and upcoming newsletter.
Appreciation I want to thank the Executive Office staff, the Board and Forum members and the Chapter Advocates that I had the pleasure to work with this year. They
Andy Bailey
have volunteered their time selflessly and I deeply
2009 – 2010 Beta Alpha Psi International President
appreciative of all their efforts in helping to make this year a success for BAP.
2010 Annual Report
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Board of Directors The BAP Board of Directors The President-elect serves a oneyear term, then ascends to the presidency in the following year and serves a final year on the board as Past President. During the 20092010 year, the President represents a financial-information firm and the Past President and President-elect represent education. The Directors of Administration and Development, the Director of Global Activities, two Chapter Advocates, and a College of Business Dean all serve three-year terms and represent the area of education. The Chair of the Advisory Forum serves a one- or two-year term of the board. This person has significant responsibility in their position in industry, professional services or government, and brings a valuable perspective to the board. Two Alumni Representatives also serve on the board, one is elected each year to serve a two-year term. As recent graduates of Beta Alpha Psi chapters, the Alumni Representatives bring a student perspective to the board.
President: Andrew D. Bailey Jr. 2008-2011 Dr. Andrew D. Bailey Jr. was appointed Senior Policy Advisor to the Grant Thornton LLP National Public Policy and Strategy Group in September 2006 and to the Human Resource Group in 2008. Bailey spent a long and distinguished career in academia, holding several named professorships and a number of visiting professorships abroad culminating with his appointment upon retirement in 2002, as a Professor Emeritus of Accountancy at the University of Illinois at Urbana-Champaign. Bailey was the Deputy Chief Accountant (Professional Practice) at the United States Securities and Exchange Commission from January 2004 to December Andrew Bailey 2005. He was the Ernst & Young Distinguished Professor of Accountancy and Head of the Department of Accountancy, University of Illinois, from Autumn 1994 to Summer 1997. He also held the position of Director of the Zimmerman Center for International Education and Research in Accounting (CIERA) and Editor of the Center’s journal, The International Journal of Accounting (TIJA). Earlier, he was the Deloitte & Touche Professor of Accounting and Head of the Department of Accounting at The University of Arizona. He has also been a faculty member at the universities of Maine, Minnesota (Department Chair), Iowa, Purdue and The Ohio State University (Arthur Young Professor of Accounting). He has been a Visiting Professor at the University of Queensland in Australia, The Otago University in New Zealand, The Norwegian Graduate School of Management in Oslo, Norway, and Groupe Ècole Superieure de Commerce de Paris (ESCP) in Paris, France. Bailey earned two degrees at the University of Minnesota, B.S.B. and M.S. in accounting, before earning his Ph.D. in accounting at The Ohio State University in 1971. Formerly with Touche Ross & Co., he is a CPA, CIA, CMA and CFE. He is a Past President of the American Accounting Association and Past Chairman of the Auditing section of the AAA. He has served as Co-editor of Auditing: A Journal of Practice & Theory, Associate Editor of The Accounting Review and The Journal of Information Systems and has served on numerous academic journal review boards. He is a member of the Rho Chapter of Beta Alpha Psi and was the national Beta Alpha Psi Accountant of the Year (Educator), 1996, and has been named among the top 100 most influential people in accounting. • President-Elect: Teresa Conover 2009-2012 Dr. Teresa Conover’s educational background includes a B.S. from the University of California at Davis, an M.B.A. from Oregon State University and a Ph.D. from Texas A&M University. She is a CPA, licensed in the State of Texas. She currently holds the Paden Neeley Professorship for Excellence in Teaching at the University of North Texas and is the Program Chair for the International Association of Accounting Educators and Researchers - World Congress of Accounting Educators and Researchers.
In addition, a representative of the AICPA serves on the board. The board typically meets two times in person and by conference call as needed to plan overall activities and provide general guidance for chapters to follow. The staff at the Nancy C. Harke Executive Office are available for consultation on day-to-day chapter operations.
Teresa Conover
She has had the honor of serving as a faculty in residence for Ernst & Young International in the London office and as a Visiting Scholar at the London School of Economics.
She is a member of many professional organizations including the American Accounting Association, the International Association for Accounting Education and Research, Beta Gamma Sigma, and Beta Alpha Psi. She served as the President of the American Accounting Association International Accounting Section for the 2000-2001 year. She recently completed three years of service on the Beta Alpha Psi International Board of Directors as the Director of Administration and Development. She specializes in teaching financial and international accounting and has taught accounting since 1985. She has taught at the undergraduate, masters and doctoral levels. She has received eight teaching awards. Her research interests concentrate on financial and international accounting. She has published numerous articles in national and international accounting and business journals including The International Journal of Accounting, Issues in Accounting Education, and The Journal of Business Finance and Accounting. Conover and her husband Jim are recent empty-nesters with one daughter at the University of Texas at Austin and one at the University of Rhode Island. •
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2010 Annual Report
B ETA ALP HA P S I
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Board of Directors Past President: Nancy Nichols 2007-2010 Dr. Nancy B. Nichols is the Journal of Accounting Education Research Professor at James Madison University. She also serves as the Director of the masters in accounting program. Nancy began her academic career at JMU in 1997 after receiving her Ph.D. from the University of North Texas. Before obtaining her Ph.D., she was a tax partner at Deloitte. Nancy teaches graduate courses in taxation. Nichols’ research interests primarily are in the areas of taxation and segment reporting. She has published numerous articles in such journals as the Journal of the American Taxation Association, Journal of Legal Tax Research, Nancy Nichols Accounting Horizons, Journal of International Accounting Research, Journal of International Accounting, Auditing and Taxation, Issues in Accounting Education, Journal of Accountancy and Tax Notes. Nichols is an active member of the American Taxation Association, currently serving on the Board of Trustees. She previously served on the Beta Alpha Psi Board as Director of Chapter Activities from 2003-06 and was Chapter Advisor for the JMU Chapter from 1998-2003. Nichols is married with two children.• President Elect: Dr. Mary S. Stone 2010-2013 Mary Stone joined the University faculty in 1981 as an assistant professor in the Culverhouse School of Accountancy. She was promoted to associate professor in 1984, awarded the rank of full professor in 1990, named Hugh Culverhouse Endowed Chair of Accountancy in 2002, and appointed Director of the Culverhouse School of Accountancy in 2004. Mary is a former member of the Financial Accounting Standards Advisory Council and the Accounting Standards Executive Committee of the American Institute of Certified Public Accountants and Past President of the American Accounting Association, and a Florida CPA. Dr. Mary S. Stone,
EDUCATION: Ph.D. University of Illinois, Urbana-Champaign; BS and MS Central Florida University
RECOGNITION: American Accounting Association Outstanding Accounting Educator (2007), Beta Alpha Psi Business Information Professional of the Year – Education (2006), Co-winner AAA/McGraw-Hill Accounting Horizons Best Paper Award (2006), Alabama Society of Certified Public Accountants Outstanding Educator (2001-2002), The University of Alabama National Alumni Association Outstanding Commitment to Teaching Award (1999), Ernst & Young Professor of Accounting (1993-2002), C&BA Outstanding Researcher Award (1988), Arthur Andersen & Co. Research Scholar (1989), Peat Marwick Main Research Scholar (1988), and Van Pelt Award for Outstanding Contribution to Accounting Literature (1984, 1983). PUBLICATIONS: The Accounting Review, Journal of Accounting & Economics, Horizons, Journal of Accounting Research, Issues in Accounting Education, Journal of Accounting and Public Policy, Review of Quantitative Finance and Accounting, Journal of Business, Finance & Accounting, Journal of Accounting Literature, and Accounting Historians Journal. SERVICE: Chair, FSA/AAA Valuation Subcommittee; Chair, AICPA Precertification Education Executive Committee; Board of Directors of FSA; Member FEI, AICPA, ASCPA, and AAA. •
2010 Annual Report
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2009-2010 Board of Directors
Annie Boudreau
Mark Higgins
Sharon Lightner
Brian McGuire
Suzanne McCaffrey
Lu Montondon
Patricia Poli
Dennis R. Reigle
Pearl Rozenberg
Blane Ruschak
Brad Schultz
Heather Collins
Shawn Harter
Andy Kaestle
Grant Thornton LLP Alumni Representative
University of Mississippi Chapter Advocate - Southeast Region
University of Sydney – Australia Director of Global Activities
Fifth Third Bank Incoming Advisory Forum Chair
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University of Rhode Island Dean
Texas State University – San Marcos Chapter Advocate - Southwest Region
KPMG LLP Advisory Forum Chair
San Diego State University Chapter Advocate - Western/Northwest Regions
Fairfield University Chapter Advocate -Atlantic Coast Region
Ernst & Young, LLP Alumni Representative
University of Southern Indiana Director of Administration & Development
American Institute of CPAs (AICPA) AICPA Liaison
American Institute of CPAs (AICPA) Incoming AICPA Liaison
Ernst & Young LLP Incoming Alumni Representative
B ETA ALP HA P S I
2010 Board of Directors
Chapter Advocates
Dori Danko
Scott Hobson
Chapter Advocate - Midwest Region
Chapter Advocate - Rocky Mtn./Missouri Valley Regions
Molly Brown
Treba Marsh
Incoming Chapter Advocate - Atlantic Coast Region
Incoming Chapter Advocate - Southwest Region
Grand Valley State University
James Madison University
2010 Annual Report
Brigham Young University
Stephen F. Austin State University
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International Advisory Forum In 1974, Beta Alpha Psi organized the International Advisory Forum. The Forum consists of leaders from industry, professional-service firms and government. The Forum members who are practicing professionals, provide input designated to enhance Beta Alpha Psi’s position as a dynamic, scholastic, and professional business financial information organization. The service and advice of these individuals is invaluable to Beta Alpha Psi. On behalf of Beta Alpha Psi, the board of directors expresses appreciation for the numerous services and hours that the Advisory Forum members have contributed during 2009-2010. In addition to their financial support, Forum members participated in annual and regional meetings and made themselves available for chapter meetings.
Blane Ruschak 2007-2010 Blane Ruschak attended Rutgers University in New Jersey and graduated with a B.S. in economics in 1980. He subsequently attended the University of Hawaii at Manoa where he received a master’s in accounting degree in 1982. After graduation, he began his career in the audit department of the KPMG Honolulu office where he serviced clients in the health care, non-profit, real estate, agribusiness and hospitality industries. From 1988-1989, he participated in a two-year rotational program in KPMG’s national Blane Ruschak KPMG LLP training center in Montvale, N.J., where he was responsible for Advisory Forum Chair the development and instruction of numerous KPMG assurance courses. Upon his return to the Honolulu office, Ruschak assumed the responsibility of Primary Recruiter for the office in addition to servicing his assurance clients in the hospital and hospitality industries. In 1994, Ruschak transferred to the KPMG Long Beach office to assist with the Southern California Health care assurance and consulting practice. In 1997, Ruschak transferred to the Los Angeles office where he assumed the Director of College Recruiting position for the Pacific Southwest area and he was responsible for the hiring of all entry-level assurance and tax-department personnel. In 2000, Ruschak assumed the role of National Director of Campus Recruiting as part of the KPMG National Recruiting team in Montvale, N.J. In 2008, Ruschak assumed the role of Executive Director for Campus Recruiting and University Relations. His current role includes serving as the KPMG member and Chairman on the Beta Alpha Psi Advisory Forum, serving on the Board of the Federation of Schools of Accountancy (FSA), serving as a member of the Association of Campus Recruiting Executives, serving on the Board of the Education Foundation for Women in Accounting, serving on the AICPA Pre-certification Executive Education Committee (PcEEC) and formerly served on the Accounting Program Leadership Group (APLG) board of directors. He resides in Charleston, S.C., and works out of the Montvale national office as part of the national human-resource team. • Shawn Harter 2010-2011
Shawn Harter Fifth Third Bank Advisory Forum Chair Elect
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Since 2007, Shawn Harter has served as Vice President and Director of Recruiting for Fifth Third Bancorp, located in Cincinnati, OH. He joined Fifth Third in 2005 as Director of Recruiting Operations. Shawn’s prior roles include three years as National Director of Recruiting for RSM McGladrey, Inc. and McGladrey and Pullen, LLP, based in Bloomington, MN. He joined the firm in August 2002 and was responsible for all college relations and recruitment efforts, which included college graduates and experienced professionals. Shawn began his career with Arthur Andersen and worked with the company for nearly 12 years in various positions including audit, operations and director of all North American university recruiting. •
B ETA ALP HA P S I
International Advisory Forum
Alfonzo Alexander
Ken Bansemer
Muir Brown
Mark Bruno
Head of Strategic Business Unit – Americas and Caribbean
Market Sourcing Leader Buffalo, NY
Shannon Dickerson
Mike Duffy
Gary Grimstad
CPAexcel Exam Review Vice President San Diego, CA
Moss Adams LLP Partner Seattle, WA
Rita Hood
Veronica Johnson
The Institute of Internal Auditors Director of Academic Relations Altamore Springs, FL
Laura Mills-Lewis
AGN International North America, Inc. Executive Director Denver, CO
Alexandra Miller
Scott Moore
Belverd E. Needles, Jr.
American Institute of CPAs Sr. Manager, College & University Initiatives Durham, NC
American Accounting Association Vice President of Education Winnetka, IL
Bridget O’Malley
American Woman’s Society of CPAs National President Tucson, AZ
Tom Rogowski
Bonnie Russell
Jodi Ryan
Valerie Wendt
Peter Aliferis
Association of GovernmentAccountants Deputy Executive Director Operations &
McGladrey
Sharon Clemena
Barbara Covington
Nina Guthrie
Sandi Guy
Grant Thornton, LLP Director of University Recruiting Dallas, TX
BDO Seidman Partner, Human Capital Charlotte, NC
Scott McQuillan
Denise Probert
NASBA
Vice President of Development – Nashville,TN
Chevron Corporation Manager Finance Development Program San Ramon, CA
Deloitte & Touche LLP National Campus Recruiting Leader Chicago, IL
Kaplan Schweser Vice President of CPA Education La Crosse, WI
Director of Professional Certification – Alexandria, VA
American Society of Women Accountants National President Mary Esther, FL
Becker Professional Review Program Director Oakbrook, IL
2010 Annual Report
National Director of Recruiting Charlotte, NC
Internal Revenue Service IRS Agent Wheaton, MD
The Office of the Comptroller of the Currency Washington, DC
Association of Chartered Certified Accountants
Institute of Management Accountants Director, Alliances & Student/Academic Communities Montvale, NJ
PricewaterhouseCoopers (PwC)
Ernst & Young LLP Faculty Relations Consultant Secaucus, NJ
Proviti Senior Consultant Chicago, IL
Bisk Education, Inc. Product Development Manager Tampa, FL
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Business Information Professional of the Year Beta Alpha Psi recognizes individuals who make significant contributions to the business -information professions. From 1974 through 1999, this was achieved by recognizing them as Accountants of the Year. Beginning with the 2000 awards, these individuals have been honored and recognized as a Business Information Professional of the Year. Each chapter, the board of directors and the International Advisory Forum are invited to nominate candidates from the fields of education, industry or government, and professional services. Nominees are individuals who have affected a large number of lives; contributed both locally and nationally to the profession; added to knowledge as demonstrated through publications, lectures or presentations; and are active in the profession at the time of nomination. For 2010, Beta Alpha Psi is proud to announce the selection of the following people for the Business Information Professional of the Year awards.
Lawrence Alleva currently is the Southeast U.S. Regional Managing Partner for Technology and Communications in the national office of PricewaterhouseCoopers LLP after having progressed through the firm from staff auditor, to Managing Partner of the Syracuse office, to Managing Partner of the Upstate New York region. When he was promoted to this position, he immersed himself in learning, participated in professional associations, and worked hard to develop expertise. He became an expert in IPOs and venture capital and has written several PwC articles on the topics. Since then, he also has “raised his hand” to become the firm’s U.S. Leader – Ethics and Compliance (Assurance). Alleva defined the new Lawrence Alleva leadership role by developing firm procedures, policies and Professional Service requirements. He now leads PwC’s response to the PCAOB Inspection Report and the firm’s international audit quality, while devoting significant attention to a variety of professional and business ethics matters. At Ithaca College, Alleva demonstrates an exemplary commitment. He is Vice Chair of the Ithaca College Board of Trustees, Chairman of the largest-ever (and successful) comprehensive capital campaign on it’s campus, and Co-Chair of the School of Business Building Campaign Committee that resulted in generating private donations to fund the new School of Business building (the first building on campus built with private contributions and the first business school facility in the world receiving the LEED Platinum Award for meeting the highest level of sustainability). Early in his career at PwC, Alleva established the PricewaterhouseCoopers Scholarship at Ithaca College. Through his ongoing annual solicitations of current Ithaca College alumni at PwC, the scholarship has become one of their largest endowed scholarship for accounting majors. Over the past 30 years, whenever asked, Alleva has returned to campus to speak. He has been an invited speaker at numerous Ithaca College Accounting Association programs, and was its first Outstanding Accounting Alumni award recipient in 1993 (he was also the founding president of the Association when he was a student). He was the Distinguished Alumni Speaker for the School of Business on ethics in accounting and business, and then on the state of IPOs, corporate governance, and the profession after Enron. He was the keynote speaker at one of the first School of Business Honors Banquets, providing a great Top 10 list of attributes for success. In April 2009, Alleva was the speaker at the annual Beta Alpha Psi Induction Banquet. At the same time, Mr. Alleva balances his intense professional life with other personal interests. For example, he demonstrates a long-standing commitment to other community and higher educational organizations, such as the National Council of Boy Scouts and George Mason University boards, and he and his wife recently climbed Mount Everest. Alleva was nominated by the Mu Alpha Chapter at Ithaca College. •
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B ETA ALP HA P S I
Business Information Professional of the Year Ted Vacek has spent the last 10 years at Intel (high-tech industry) managing various assignments including Mergers and Acquisition (M&A) Integrations, Fixed Asset Accounting, and Sarbanes Oxley (SOX) design and implementation. He currently is part of a team working on the design and implementation of IFRS at Intel. Ted was instrumental in implementing the extensive accounting changes (IASB/FASB) convergence projects, proposed SEC conversion to IFRS, and the global implementation of IFRS. His current challenge is trying to design an appropriate plan of today’s actions given the levels of uncertainty and extensive interrelationships between the proposed rule changes. Part of the reward of this assignment is getting to be on the “front end” of some of the biggest changes ever made to U.S. accounting rules.
Ted Vacek
Industry & Government
Prior to Intel, Ted was with Atlantic Richfield Company (oil and gas industry) for 15 years. His assignments included Exploration Accounting, Planning and Evaluation, Internal Audit, International Accounting, Marketing and Business Development.
Ted has been involved with the Beta chapter at the University of Oregon for the past three years. At meetings he has showed an enthusiasm and depth of acounting knowledge that made everyone in the room learn and enjoy each of the discussions. It’s rare for someone from industry to give a presentation that is both rich in diversity, yet simple to understand. While Ted graduated from the University of Texas at Austin, he seems to be a Duck at heart. Ted resides in the Northwest with his wife and three children. Vacek was nominated by the Beta Chapter at the University of Oregon. •
Kevin D. Stocks is an accounting professor in the Marriott School at Brigham Young University. He currently holds the KPMG Professorship and serves as the Director of the School of Accountancy, a position he has held for the last seven years. Kevin did his undergraduate and Master’s work at BYU. He earned his Ph.D. at Oklahoma State University. He was on the accounting faculty at Oklahoma State before returning to BYU in 1983. Kevin teaches in the cost/managerial accounting area. He has taught classes at all levels and in both the accounting and MBA programs. He has work published in Issues In Accounting Education, Journal of Accounting Education, Advances in Accounting Education, Journal of Accountancy, Internal Auditor, Health Care Kevin Stocks Financial Management, and Journal of Information Systems and has authored two books. Education Kevin has conducted funded research for the AICPA, AAA, IMA and currently is involved in an IAAER/ACCA research grant studying international ethics education. Kevin has held numerous administrative positions within BYU and in professional organizations. He has served as President of the Federation of Schools of Accountancy and as President of the Teaching and Curriculum Section and of the Accounting Programs Leadership Group of the American Accounting Association (AAA). He served as Vice President Education of the AAA and on numerous AICPA committees, including the Pre-Certification Education Executive Committee and the Management Advisory Services Committee. This August he assumes responsibility as the President of the American Accounting Association. As a student at BYU, Kevin was active in the Gamma Alpha Chapter of Beta Alpha Psi, serving as the chapter treasurer. Upon returning to BYU as a faculty member, Kevin served for a time as the faculty advisor. He also has served as a member of the national Beta Alpha Psi Advisory Forum. Kevin and his wife Donna are the proud parents of five children and three beautiful grandchildren. Stocks was nominated by the Gamma Alpha Chapter at Brigham Young University. •
2010 Annual Report
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Regional Meetings
Region Student Student Chapters Participants Presentations Represented Atlantic Coast
260
33
35
Midwest
302
30
41
Missouri Valley
173
24
23
87
14
12
Southeast
246
30
49
Southwest
177
23
30
Western
141
20
25
Northwest
160
20
13
Rocky Mountain
Regional Meeting
Objectives for Regional Meetings Regional meetings focus on 1) promoting inter-chapter activities; 2) encouraging student interest in emerging business issues; 3) providing students the opportunity to develop communication skills, both written and oral; 4) providing members with the opportunity to exchange ideas concerning chapter operations and activities in both formal and informal settings; 5) providing the opportunity for general-leadership training for officers and members; and 6) fostering innovative and unique activities to promote and share best practices. The year’s regional meetings were attended by more than 1,540 students representing 228 chapters. The Nancy C. Harke Executive Office funded more than $171,000 for eight regional meetings. Each of the regional meetings was supported by members of the International Advisory Forum and attended by at least two board members and the respective Chapter Advocate.
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*Members of the Board extend the appreciation to each student, faculty advisor and professional who contributed to the success of these programs. A special thanks to the Faculty Advisors and students who hosted the regional meetings.
Regional Meeting
2011 Regional Meeting Schedule Southeast
February 25 – 26, 2011
Charlotte, NC
Western
February 25 – 26, 2011
Anaheim, CA
Southwest
March 4 – 5, 2011
Dallas, TX
Atlantic Coast
March 18 – 19, 2011
Providence, RI
Midwest
April 1 – 2, 2011
Indianapolis, IN
Rocky Mountain
March 25 – 26, 2011
Salt Lake City, UT
Missouri Valley
April 8 – 9, 2011
Lincoln, NE
Northwest
April 15 – 16, 2011
Portland, OR
Oceania
April 14 – 15, 2011
Auckland, NZ
B ETA ALP HA P S I
Regional Best Practices 2010
Service Learning
Region
University
Chapter Name Chapter #
Southeast
The University of Tampa
Lambda Beta
255
Southwest
Stephen F. Austin State University
Epsilon Mu
127
Pace University
Iota Lambda
218
University of Denver
Alpha Zeta
29
Midwest
University of Minnesota
Rho
17
Missouri Valley
Missouri State University
Theta Pi
200
Boise State University
Zeta Psi
161
Atlantic Coast Rocky Mountain
Northwest
Ethics & Integrity in Business
Region
University
Chapter Name Chapter #
Western
San Diego State University
Beta Eta
53
Southeast
Mississippi State University
Beta Kappa
56
Southwest
University of Tulsa
Eta Rho
178
Midwest
Bradley University
Zeta Lambda
149
Atlantic Coast
Pace University
Iota Lambda
218
Missouri Valley
Missouri State University
Theta Pi
200
Northwest
University of Washington
Delta
4
Chapter Stainability Region Western
University
Chapter Name Chapter #
California State University, Northridge Epsilon Chi
137
Southeast
The University of Tampa
Lambda Beta
255
Southwest
University of Arkansas
Alpha Iota
32
University of Denver
Alpha Zeta
29
Youngstown State University
Kappa Xi
244
Pace University
Iota Lambda
218
Delta Omicron
107
Delta
4
Rocky Mountain Midwest Atlantic Coast
Missouri Valley University of Nebraska at Lincoln Northwest
University of Washington
2010 Annual Report
Deloitte has been the proud sponsor of the Best Practices program at both the regional and national meetings since 2001. Its sponsorship is intended to encourage students to develop and execute programs that promote awareness and student involvement in projects that exemplify values shared by Beta Alpha Psi and Deloitte. These values are captured and promoted through the topics selected each year by the President-elect and the Deloitte Forum Member. These topics involve such areas as ethics, corporate responsibility, diversity, increasing awareness of the accounting profession, skills-based volunteerism and globalization. All chapters are encouraged to share their Best Practices through a two-step competitive process. Initially chapters will submit an abstract and, if found eligible, make a presentation at their respective Regional Meeting; winning chapters (first, second and third place) will: 1) receive verbal recognition and monetary awards and, 2) first-place chapters will earn the right to give their presentations at BAP’s annual meeting. Winning chapters at the annual meeting will be awarded a plaque, verbal recognition and additional monetary awards. For 2010, to the left is the list of chapters that won first place at the 2010 Regional Meetings and will be eligible to participate at the 2010 Annual Meeting in San Jose, CA.
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International Scholars In an effort to promote and recognize scholarship, Beta Alpha Psi initiated a program to acknowledge selected students as Beta Alpha Psi International Scholars. • Regional Meeting Scholar (RM) Regional Meeting Presentation • Annual Meeting Scholar (AM) Annual Meeting Presentation • Best Practices Scholar (BP/AM) Best Practices Presentation at Annual Meeting • Best Practices Scholar (BP/RM) Best Practices Presentation at Regional Meeting • Project Run With It (PRWI) Presentation at the 2009 Annual Meeting Brooklyn, NY Selection of individuals to be designated as scholars occurred as part of the evaluation process for each event. Those selected as Scholars have participated with a high level of scholarly quality. Each chapter is encouraged to select individuals to participate in these activities and, in an appropriate forum, recognize those students who have been designated Beta Alpha Psi International Scholars.
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International Scholars by Chapter Beta University of Oregon Reed Engall BP/AM Ashley Kennel BP/AM Roy Matsunaga BP/AM, BP/RM David Wallenstein BP/AM Erika Bulay BP/RM Alice Zhang BP/RM Jordan Patterson BP/RM Mei Li Yu RM delta University of Washington Eric Liang BP/AM Alvin Lai BP/AM Jessica Nguyen BP/AM, BP/RM Gillian Donnelly BP/AM Blake Thomas BP/AM Maria Klieber PRWI Elizabeth Vaughn PRWI Jenny Park BP/RM Matt Jensen BP/RM Jacky Tang BP/RM Susie Shapiro BP/RM Michael Plengrat BP/RM Hank Cycyota BP/RM Peter Zalusky BP/RM Aurelie Machefert BP/RM Hannah Kim BP/RM Alene Vanden Heuvel RM Marilu Cruz RM Karlyn Kurokawa RM EPsilon Oregon State University Kevin Thorpe RM IOTa University of Southern California Fouad Abu-Kazam AM Jamie Kwak AM, RM Karen Poon AM Charmaine Chan BP/RM Sarah Pak BP/RM Ashley Cho BP/RM Debbie Kim BP/RM Sharon Ren RM MU New York University Jeffrey Yen BP/AM Danyu Wei BP/AM
NU University of Colorado at Boulder Kristin Larson BP/RM Joseph Goldstein BP/RM Rho University of Minnesota Alex Ellingson BP/RM Bailey Birtzer BP/RM Kyle Canaday BP/RM Kristen Ruud BP/RM Lara Applegate BP/RM PHI Louisiana State University Sarah Miller BP/AM Rachelle Ross BP/AM, BP/RM Emily Plauche BP/AM Megan Dolron BP/AM Scott Safron BP/AM Carly Krizmanich PRWI Tara Stauder BP/RM Erin Phillips BP/RM Stephen Collura BP/RM Chris Whelan BP/RM Psi Marquette University Natalie Mitchell AM Cara Skowronski AM Jill Brown AM Katie Long BP/RM Rachel Smith BP/RM Richard Casper RM Patrick Bender RM Alpha Beta The University of Alabama David Roebuck AM, RM Alpha Zeta University of Denver Jim Tripp AM Jenn Lund BP/RM Hilary Robinson BP/RM Liz Bender BP/RM Armando Vaquez BP/RM Franics Rooney BP/RM Brian Clenin RM Arpeeneh Adamian RM
Alpha Theta University of Mississippi Will Threadgill PRWI Chad Berry BP/RM Kristen Barnette BP/RM Coby Parker BP/RM Brandon Willingham BP/RM Natalie Steverson BP/RM Christine Duda BP/RM Arpeeneh Adamian BP/RM Gretchecn Cook BP/RM Alpha Iota University of Arkansas Tayna Gardner AM Cassie Drake AM, BP/RM Laura Akin BP/RM Paige Gray BP/RM Lindy Milburn RM Colin O’Donnell RM Lindsey Hicks RM Alpha Kappa Ohio University Mark Druffel AM Nathaniel Slang AM Rebecca Posey BP/AM Megan Souder BP/AM, BP/RM Martin Wirtz BP/AM Brittni Downs BP/AM, BP/RM Katie Bennett BP/RM Rachel Denham PRWI Michelle Wang BP/RM Lu He BP/RM Kat Morgenthaler RM Zach Hedrick RM Christy Grunebach RM Cheer Cheung RM Christy Stock RM Alpha Mu University of Kentucky Qorinah Wardhani RM Bryan Bulkley RM Alpha Nu Creighton University Kelly Tangen RM
B ETA ALP HA P S I
International Scholars International Scholars by Chapter Alpha Pi University of Iowa Eric Hartter BP/AM Mike Less BP/AM Daniel Teper PRWI Brian Nowack BP/RM Tim Rosener BP/RM Danielle Protexter BP/RM Maranda Brandt BP/RM Staci Meade BP/RM Samantha Feldman BP/RM Wilson Roorda RM Mickey Untiedt Sean Iske RM Kristin Hanson RM Alpha Upsilon Bowling Green State University Jeff Koons RM Leslie Benner RM Scott Arcuri RM Amber Solden Wagner RM Lindsey Welch RM Alpha Chi Louisiana Tech University Caitlin McAlpin RM Cecil Garrick II RM Alpha Psi West Virginia University Jamin Maradei PRWI Alpha Omega Fordham University Erica Berglind BP/RM Frank Ferrara BP/RM Amanda Garzon BP/RM Matthew Lee BP/RM Beta Alpha Indiana University Anubhar Bhatia BP/RM Andrew Botts BP/RM Michal Arendt BP/RM Justin Krachmalnick BP/RM Andrew Barnett BP/RM Gregory Cheng BP/RM Ben Jarona BP/RM Amy Ollinger BP/RM Beta Eta San Diego State University Joy Gregvig AM Ryan Aannerud PRWI, BP/RM Minami Murphy BP/RM Thomas Jang BP/RM
2010 Annual Report
Beta KAPPA Mississippi State University Candace McGee PRWI Candace Mcgee BP/RM Michael Little BP/RM Liz Krusemark BP/RM Rebecca Kershaw BP/RM Beta LAMBDA California State University Los Angeles Soo Chuh BP/AM Samuel Oh BP/AM David Benitez BP/AM William Choi BP/AM, BP/RM Rachel Lee BP/RM Pat Kie Wong BP/RM Hua Tang BP/RM Daniel Dong BP/RM Larry Wasan BP/RM Leena Chow BP/RM Shermont Banks BP/RM Diana Hua Tang BP/RM Beta XI University of Miami Michelle Wacht AM, RM Emanuela Florea AM, RM Jim Deloitte AM, RM Raul Muas AM Beta Upsilon University of Georgia Hunter Smiley AM Samir Patel AM Jessica Draper AM Igor Ryvkin PRWI Beta Chi San Francisco State University Olga Lazarova BP/RM Nadia Slyusareva BR/RM Beta PSI Kent State University Joseph Campbell AM Ray Dipre BP/RM Lauren Lampley BP/RM Alexis Janes BP/RM Matt Moak BP/RM Michelle Maitert BP/RM Andrew Ashton BP/RM Adam Kanzigg RM Jesse Ray RM Felecia Qamar RM Casey Frame RM Jackie Madar RM Joey Campbell RM
Beta Mu Georgia State University Jason Arandjelovic BP/RM Winifred Akande BP/RM Beta Rho Florida State University Brad Ellman RM Christie Price RM Megan Pannell RM Justin Simmons RM Austin Chinick RM Gamma Alpha Brigham Young University Annie Iden AM Quentin Stoker AM Brent Monson AM Quentin Stoker RM Gamma Beta University of South Carolina Cason Brewer PRWI D.J. Hill RM Matt Sigafoos RM Gamma Epsilon University of Toledo Stephen Miller RM Chris Konstandas RM Gamma Eta University of Akron Christopher Garman AM Stacey Kies AM Justin Gable RM Autumn Neitzelt RM Chris Garman RM Gamma Kappa University of Nebraska at Omaha Connor Holt BP/AM Clark Ruby BP/AM Jamie Cafferty BP/RM Cara Horn BP/RM Jacob Bright RM Gamma Omicron California State University, Fresno Keaton Young BP/RM Paul McDonald BP/RM Yukiko Hijoka-Crutchfield BP/RM Esperanza Lazcano BP/RM Rebekah Filer BP/RM Juan Alvarez BP/RM
Gamma Sigma University of New Orleans Debra Alverez AM, BP/RM Anthony Burrell AM, BP/RM Alaina Stokke PRWI Ashley Carpenter BP/RM Mike Wang BP/RM Gamma Pi Northern Illinois University Paul Lee AM Thankh Nyugen AM Ryan Rogina AM Andrew Miller BP/RM Tahyr Alladurdiyen BP/RM Chris Navratil RM James Farrelly RM Gamma Omega California State University Long Beach University Bernadette Hunter RM Vincent Nguyen RM Karen Shiozaki RM Danny Vu RM
Delta Gamma University of South Florida Heather Beisswanger PRWI Richard Grieder BP/RM Ingrid Poole BP/RM Kyle Jones BP/RM Stacy Romick BP/RM Amanda Porpuski BP/RM Keven Rayne BP/RM Stephanie Wagenfohr BP/RM Jaimie Worth BP/RM Delta Epsilon Washington State University Kelly Kube BP/RM Tara Low BP/RM Scott Hagihara BP/RM Dan Ulrich BP/RM Patrick Heneghen RM Delta Eta Seattle University Gerald Umayam PRWI, RM Agatha Dodek RM
Gamma Phi University of Texas at Arlington Tiffany Coker PRWI, RM Taraz Yazhari RM Josh Sherrill RM Haider Abbas RM
Delta Theta University of Hawaii, Manoa Vicotoria Nael-Decierdo PRWI, BP/RM Raymond Koo PRWI, BP/RM Ka Lee “Claire” Chow BP/RM
Gamma Psi University of Missouri St. Louis Allison Loser PRWI Chad Gornicz BP/RM Ann Duke BP/RM Allison Vazquez BP/RM
Delta Kappa The University of Montana Marika Paris BP/RM
Delta Alpha University of Wyoming Cassie Marshall BP/AM Angela Barrett BP/AM Brent Bright BP/AM Alex Hebbert BP/RM Mellissa McCarthy BP/RM James Martineau BP/RM Delta Beta California State University Fullerton Daisy Zhao AM Eric Yoon AM Alvin Artadi AM, RM Scott Roberg AM Janet Lee PRWI Nick Saul RM Agnes Sukartu RM
Delta Omicron University of Nebraska – Lincoln Jennifer Knust AM Taylor Pugh BP/RM Brooke Parsons BP/RM Jennifer Knust BP/RM Kimberly Zarybricky RM Ben Higgins RM Alycia Libolt RM Kyle Steffensmeier RM Sam Barg RM Andrew Thompson RM Marcus Cech RM\ Zach Jelinck RM Adam Fritz RM Scott Stepanek RM Cody Zavadil RM Kristen Seda RM Jacob Jensen RM
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International Scholars International Scholars by Chapter Delta PI Hofstra University Steven Baierlein BP/RM Heather Decarlo BP/RM Arielle Geffner BP/RM Kris Karalis BP/RM Delta Psi Cleveland State University Stephen Kresnye RM Anna Badea RM Janell Reeves RM Delta Omega Utah State University Clint Allen AM, BP/RM Brian Monsen BP/AM Andy Christensen BP/AM Megan Low BP/AM Jill Aoki BP/RM Jason Tomlinson BP/RM Steve Hurd RM Jordon Livingston RM Epsilon Zeta Virginia Commonwealth University Virginia Kipp AM Donald Harvey AM Jonathan Culbreath BP/RM Brittany Forehand BP/RM Kristen Richardson BP/RM Stephen Richey BP/RM Epsilon Gamma University of Central Florida Sam Campion RM Tiffany Bell RM Melissa Lilly RM Carlos Lopez BP/RM Richard metro BP/RM Epsilon Delta University of Missouri Kansas City Ara Azad BP/RM Funda Kanli BP/RM Epsilon Theta Kansas State University Alec Williams AM Jenny Linville AM Katie Kramer AM Hillary Blue AM
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Epsilon Mu Stephen F. Austin State University Jodi Henley AM, BP/RM Marcy Roe AM Nicole Brantley AMBrittany Dornak AM Ashley Stilley BP/RM William Hawkins BP/RM Vicki Tippit BP/RM Miranda BP/RM Eric Sparks BP/RM Epsilon Nu Murray State University Brittni Sullivan AM Rachel Sturdivant PRWI Epsilon Xi University of Utah Catherine Degn PRWI Trenton Doman PRWI Adrienne Jones RM Michael Whipple RM Catherine Degn BP/RM Scott Hollist BP/RM Brigette Hammond BP/RM Epsilon Omicron Auburn University Anthony Caltabiano RM Ryan Zeek RM Ashley Burton RM Epsilon Rho University of Wisconsin Whitewater Craig Steubs AM Patrick Halford PRWI Epsilon Chi California State University, Northridge Cheryl Shi AM Schatzi Herda AM, BP/RM George Fronjian BP/RM Jenny Huo BP/RM Michael Iskaros BP/RM Sagar Kirit BP/RM Romy Ron BP/RM Jacob Sparks BP/RM Epsilon Psi California State University, East Bay Riahn Dixit AM Selena Sin AM Jerome Ort AM
Epsilon Omega Eastern Michigan University Ran “Jophie” Chen BP/RM Michael Taylor BP/RM Zeta Alpha Purdue University Brittany Cooley AM Aixin Zhang AM Zeta Beta Western Illinois University Kayla Sharpe PRWI Grace Costello BP/RM Adam Rebidas BP/RM Patricia Lake BP/RM Zeta Epsilon Texas A&M University Commerce Tammy Willner BP/RM Vicky Ho BP/RM Nancy Pope BP/RM Bridget Newman BP/RM Max Goerte BP/RM Zeta Upsilon University of Houston Clear Lake Rebecca Threatt BP/RM Martha Lujan-Ripoll BP/RM Zeta Theta University at Buffalo The State University of New York Jeffrey Bassen AM Marcos Manuta PRWI Nathanael Carbrey BP/RM Tiffany Chin BP/RM Samuel Huoh BP/RM Tyler Kafka BP/RM Kelly Amos BP/RM Slaven Dreno BP/RM Natalie Fenocchi BP/RM Yi Lin BP/RM Jeffrey Nudd BP/RM Mohammed Oladejo BP/RM Olga Stamatova BP/RM Erica Starr BP/RM Olivia Tylutki BP/RM Heather Warnes BP/RM Zeta Iota University of Nevada, Reno Danielle Farris PRWI, RM Vittoria Catania BP/RM Nathan Devlin BP/RM J. Dexter Ramsey BP/RM Jacquelyn Simon BP/RM Lacee Peterson RM
Zeta Kappa University of San Diego Stephen Steckbeck BP/AM, BP/RM Andy Kaestle BP/AM Rita Magliocco BP/AM Kerry Pohlson BP/AM, BP/RM Alysia Parkinson BP/AM Christina Oswald BP/AM Nicole Upper BP/AM John Martinez BP/AM Dale Pattugalan BP/AM Felicia Baldwin BP/RM Jayme Carneal BP/RM Christine Chang BP/RM Katrina Dela Paz BP/RM Michael DiCarlo BP/RM Cara Druse BP/RM Diva Patel BP/RM Zeta Lambda Bradley University Katie Kelch AM Megan Halverson AM Janelle Schoon AM Justin Knobeloch BP/RM Tyler Peterson BP/RM Sarah Rayfield BP/RM Zeta Nu Saint Louis University Rosanna Seiler RM Lindy Vu RM Zeta Sigma North Carolina A&T State University Devon Priovette PRWI Octavia Allen RM Kierra Young RM Zeta Chi University of North Carolina at Greensboro Ben Hunter BP/RM Zeta Psi Boise State University James Bird PRWI, BP/RM Glenda Smith BP/RM Macey Crow BP/RM Zeta Omega Ball State University Justin Proctor BP/RM Trent Wilson BP/RM Erin Harbeson BP/RM Eric Fisher RM Danielle Larison RM Kara Polston RM Tara Snider RM
Eta Alpha University of North Carolina at Charlotte Michael Lucisano AM Christine D. Mays AM Angela Burns AM Irina Basarabeanu AM Kevin Archer RM Thien Vu RM April Strickland RM Aubrey Rinkert RM Christine Mays RM Lisa Hardee RM Eta Beta University of Texas at San Antonio Paola Resendez AM Edgar Rosillo AM Melissa Cordero AM Billy Mondor AM Amanda Arrendondo RM Briana Ramirez RM Andre Moreira RM Eta Gamma University of Louisville Kerry Griesinger BP/RM Melanie Timperman BP/RM Eta Delta James Madison University Charles Gomes BP/RM Dennis Romero BP/RM Liz Town BP/RM Eta Zeta University of Dayton Lauren Humi AM Susan Massey AM Colleen Smith AM Eta Epsilon Central Michigan University Ruoy Barron AM Alyssa Cramer AM Christina Carpenter PRWI Emily Turbiak BP/RM Alysa Cramer BP/RM Eta Theta University of Wisconsin – Milwaukee Anna Kovalenko BP/AM, BP/RM Jasmine Crandall BP/AM Samantha Tess BP/AM Nick Kadulski BP/RM Ryan Bohn BP/RM
B ETA ALP HA P S I
International Scholars International Scholars by Chapter Eta Iota Florida International University Albert Tamayo AM Laura Sotomayor AM Juan Duarte AM Marie Torrisian AM Sabrina Dinescu AM Paul Gulisano AM Jesse Gonzalez AM Marie Torossian BP/RM Trevor Davis BP/RM Jeffrey Kellogg BP/RM Jacquelyn Gomez BP/RM Andres Cruz BP/RM Eta Lambda Idaho State University Lakyn DeRochie BP/RM Eta Mu St. John’s University Rosalieann Patane BP/RM Jennifer Knoesel BP/RM Michael Meyer BP/RM Alyssa Tallani BP/RM Eta Rho University of Tulsa Katie Largent BP/RM Allison Bertram BP/RM Eta Sigma University of Louisiana at Monroe Ashlyn Labat AM Eta Tau Florida Atlantic University Scarlett Lin BP/RM Rebecca Britton BP/RM Eta Phi Oakland University (Michigan) Kristen Bigelow BP/RM Stephen Yono BP/RM Eta Psi Wright State University Jeremy Miller RM Kate Lash RM
Theta Beta University of Texas at El Paso Rosa Haydee BP/AM Nadia Abugalyon BP/AM Susi Barron BP/AM Esther Robinson BP/AM Eric Cordero BP/AM Carlos Natividad-Licon BP/AM Anthony Hart BP/RM Erick Gomez BP/RM Jose Guerra BP/RM Ada Paniagua BP/RM Theta Delta Suffolk College Katie Scharr PRWI Theta Gamma Bentley College Meghan Richardson AM Daniel Berger BP/RM Christina Beshaw BP/RM Thomas Hadala BP/RM Lindsey Sauve BP/RM Theta Eta Southeastern Louisiana University Stephanie Cacioppo AM Kristen Spano AM Mark Winebrener AM Devon Lambert AM Skyler Seal RM Maria Moreno RM Luke Morris RM Jennifer Montgomery RM Lindsey Watts RM Theta Lambda University of Central Arkansas Rachel Foster BP/AM Kristin Vest BP/AM Jessica Rucker BP/AM Theta Nu Fort Lewis College Amanda Arnold AM Rachel Lasiewicz PRWI Joel Aguilar RM Evan Smith RM Theta Xi The University of New Mexico Jessica McQuay AM, BP/RM Kyle Hillman AM Salim Shakir BP/RM Thomas Helgeland BP/RM Carson Townsend BP/RM Erica Sullivan BP/RM
2010 Annual Report
Theta Omicron University of Nevada, Las Vegas Olga Maydamik AM Stephanie Holland AM Aaron Smith RM Theta Pi Missouri State University Lindsey Brownsberger AM, BP/RM Rebecca Barrientos AM, BP/RM Julie Ravenscraft BP/RM Ally Hartsfield BP/RM Jinyi Ge BP/RM Jeremy Esquivel BP/RM Winston Wun BP/RM Michael Holth BP/RM Holly Kinney BP/RM Theta Sigma University of Colorado at Denver Jana Kellyova PRWI Theta Upsilon University of South Dakota Gregory Miner BP/RM Nicholas Nelson BP/RM Kristine Kueny RM Theta Phi Western Washington University Hayley Gardiner PRWI Jeff Reiter PRWI Libe Bear BP/RM Paul Than BP/RM Daniel Martin RM Yelena Tikhonova RM Theta Psi University of Northern Colorado Austryn Bruchs RM Chantelle Battista RM Krista Reinbold RM Iota Beta Iowa State University Brandon Honnold RM David Winn RM Iota Gamma University of Idaho Scott Hurlbert AM Kimberly Scott AM Andrea Hasenoehrl PRWI
Iota Lambda Pace University Ridwan Zaman BP/AM, BP/ RM Angela Whittaker BP/AM Sang Lee BP/AM Bertrand Pigeon BP/AM Isaiah Urbino BP/AM Dominick Mele PRWI Diana Cano BP/RM Robert Kern BP/RM Elliot Palatnik BP/RM Hiren Prajapati BP/RM Wei Man Tang BP/RM Donald Fleurantin BP/RM Daniel Giordano BP/RM Robin Herrman BP/RM Diana Kaiami BP/RM Vanessa Mae Teodoro BP/RM Cynthia Contreras BP/RM Shady Fahmy BP/RM Andrew Goncalves BP/RM Adam Igayev BP/RM Iota Mu University of Central Missouri Phillip Beckett PRWI Curtis Beasley BP/RM Melissa Gamma BP/RM Iota Phi University of West Florida Katherine Byrd PRWI Iota Sigma Nicholls State University Cherie Boudreaux RM Justin Bourgois RM Iota Upsilon University of Wisconsin - LaCrosse Andrew Cox BP/RM Morgan Lambert BP/RM Kappa Eta Texas State University San Marcos Countess Kwiatkowski AM/BP, RM/BP Roxanne Moralez AM/BP Courtney Campbell AM/BP Irasi Tamayo RM/BP Angel Miraldes RM/BP Eric Ralph RM/BP
Kappa Theta University of Louisiana at Lafayette Lauren Sonnier AM Melissa Montalbano AM Ellen Gauthreaux AM, BP/RM Bess Trahan BP/RM Jessica LeJeune RM Robin LeBlanc RM Kyle Buzzanca RM Kappa Mu Sam Houston State University Dana Prasatik RM Lauren Jones RM Daniel Lemon RM Michael Deane RM Kappa Nu Truman State University Joseph Pomicter AM Megan McLaughlin BP/RM Nate White BP/RM Puskar Dahal RM Katie Sassenrath RM Kappa Xi Youngstown State University Steve Carchedi AM Matthew Pollock BP/RM Ryan Garman BP/RM Tarik Awad BP/RM Ashley Tonkovich BP/RM Raechel Bodnar BP/RM Karen Cooper BP/RM Tarik Aweal BP/RM Ryan Garman BP/RM Matt Pollock BP/RM Kappa Sigma University of Michigan-Dearborn Karen Green AM Ana Buia AM Mahshid Keshavarz AM Marinela Zgourov AM Kyle Mlinek BP/RM Hannah Sanday BP/RM Karen Green BP/RM Katre Klow BP/RM Elena Pozen BP/RM Barbara Bellaver BP/RM Nina Susu RM Ilma Leka RM Noela Leka RM Karen Green RM
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International Scholars International Scholars by Chapter Kappa Upsilon University of Pittsburgh Jonathan Kostuch BP/AM Brendan Reilly BP/AM, BP/RM Cara Reparsky BP/AM Lauren Landry BP/AM Laura Klemer BP/RM Stephen Koscumb BP/RM Michael Haley BP/RM Janelle Kraynak BP/RM Garrett Loughman BP/RM Donald Scott BP/RM Kappa Phi Marshall University Tyler Rowland PRWI, BP/RM Alex Kovarik AM Max Billmyer PRWI, BP/RM Anna Dingess BP/RM Grant Grishaber BP/RM Ellen Moore BP/RM Jessica Johnson BP/RM Joseph Skopic BP/RM Randy Michael BP/RM Kappa Chi Western Illinois University - Quad Cities Beth Patrizi BP/RM Lela Bieri BP/RM Lambda Beta The University of Tampa Andrew Argue BP/AM, BP/RM Nick Williams BP/AM Jing Ming Ma BP/AM Michael Buckland BP/AM Kayla Adams BP/AM Jenna Scinta BP/RM Meredith Klein BP/RM Janell Garguillo BP/RM Roman Cowan BP/RM Jingming Ma BP/RM Maxwell McQuirter BP/RM Patrick Campbell BP/RM Robert Mainelli BP/RM Lisa Reale BP/RM Stephanie Gorospe BP/RM Valerie Bryan BP/RM Lambda Zeta SUNY Oswego Brittany Vetter PRWI
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Lambda Gamma Pittsburg State University Brittany Bumphus AM Devon Privette AM Lambda Pi Manhattan College Anthony Fiore BP/RM Kimberly Pappas BP/RM Lambda Psi Emporia State University Robert Carr BP/AM Beau Bemis BP/AM Julian Rios BP/RM Todd Fitzsimmons BP/RM Orson Thomas BP/RM Thom Hoang BP/RM Macklin Schuartz RM Corina Nour RM Julian Rios RM Lambda Mu University of Southern Indiana Chris Schwenk AM Clay Ranard AM Emily Shetler BP/AM Katerina Shirokova BP/AM Anna Shade BP/AM, RM Kiersten Deig BP/AM Anna Shade BP/RM Aaron Field BP/RM Jamie Perry BP/RM Kaycie Hibdon BP/RM Ashley Seibert RM Heather Miles RM Andrew Shetler RM Lambda Xi Elon University Todd Cash PRWI Tamekia Sizoo PRWI Jennifer Kirts BP/RM Daniel Shulman BP/RM Alexander Dempsey BP/RM Stephen Jones BP/RM Patrick Campbell BP/RM Lambda Omega The University of Sydney Australia Peter O’Neill PRWI Meena Subramanyam PRWI
Mu Gamma University of South Florida St. Petersburg Samantha Edwards PRWI Melissa Whitaker BP/RM Michael Sneaker BP/RM Anita Sefa BP/RM Enton Kane BP/RM Christy Dunkle BP/RM Cuong Ly BP/RM Tara DiMartino BP/RM Mu Zeta Valdosta State University Christopher Topham BP/AM Karlie Martin BP/AM Casey Harrell BP/AM Brandon Eichler PRWI Melanie Terwood PRWI, RM Stephen Rice RM Chris Heape BP/RM Eufemia Ketz BP/RM Sahil Grover BP/RM Shataqua Williams BP/RM Branden Eichler BP/RM Mu Lambda Florida Gulf Coast University Robert Jamerson RM Dobrina Mileva RM Mu Kappa University of Texas at Tyler Kelly Lambert BP/RM Ursula Diaz BP/RM Sadie Gutier BP/RM The Auckland Chapter The University of Auckland School of Business Salah Al-Chanati PRWI Petitioning Southeast Missouri State University Lucas Luckett PRWI University of Nebraska at Kearney Nikki Blaschko PRWI University of Washington, Bothell Nathan Al-Huwail BP/RM Andrew Lowe BP/RM Alex Asou BP/RM Vlad Kolpatcher BP/RM
B ETA ALP HA P S I
Oceania Meeting
The first Oceania Meeting, held April 8–10 in Sydney, Australia, was a success! The University of Sydney was the meeting host. It was attended by students and faculty from the University of Sydney, the University of Auckland and Massey University. Both Australia and New Zealand were well represented. We started the meeting with introductions, then took a bus ride to a Community Service Day at Foodbank Sydney. We sorted many pallets of different types of both food and non-food items into stacks for shelters and soup kitchens. We worked diligently and efficiently, surprising the warehouse managers who had to struggle to keep our hardworking group busy. After returning to downtown Sydney, the Dean of the Business School at the University of Sydney treated us to a wonderful Thai dinner. On Friday we began our work. We started with an operations meeting to determine the name of the region, locations and frequency of regional meetings, and policies, budget, and other financial issues. After the operations meeting, we attended technical breakout sessions on the following accounting and finance topics: • Accounting for Sustainability - Geoff Frost (University of Sydney) • Use of Gaming Principles while Learning Accounting - Paul Blayney (University of Sydney) • E-Learning in Accounting - Julie Harrison (University of Auckland) • Riding the Dragon in the Year of the Tiger - Tyrone Carlin (University of Sydney) • Risk Management Under Basle III - James Conover (University of North Texas) Following the breakout sessions, members from each of the three chapters made presentations in chapter operations sessions and gave everyone an opportunity to discuss their experiences. Each chapter presented what they are doing and issues and problems they are facing. The chapters helped each other solve common issues. The final set of sessions were concurrent breakout sessions for Chapter Faculty Advisors and Board Members and for students. The student session focused on work and internships. Saturday morning began with a negotiation competition. Each team performed valiantly with the winning team receiving a favorite Australian candy, Maltesers. Pearl Rosenberg followed with the keynote address, “Giving Something Back.”
Oceania Regional Meeting
We closed the meeting with a group photo of participants. This wonderful meeting could not have been more fun or more valuable. Thanks to Pearl Rozenberg, Director of Global Activities and University of Sydney faculty member, for a wonderful meeting! Teri Conover President Elect 2009-2010
2010 Annual Report
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Outstanding Faculty Advisors One of the most vital elements in the success of a Beta Alpha Psi chapter is the Faculty Advisor. Through countless hours of commitment, individual Faculty Advisors make substantial contributions to the professional growth and development of business financial information students. Beta Alpha Psi, through its cooperation with McGladrey, is privileged to recognize outstanding Faculty Advisors who have demonstrated those rare qualities that place them at the top of all the dedicated Faculty Advisors. This year, the board of directors again has selected Outstanding Faculty Advisors based on a nomination form completed by the individual Faculty Advisors. The nomination assigns points for (1) years of service, (2) various chapter activities and (3) chapter awards. Other supporting documentation can be included as well. Together, the years of service, activities, awards and other relevant documentation demonstrate the Faculty Advisor’s concern for scholastic and professional development of students as well as the overall success of the chapter. For 2009-2010, five professors have been named Outstanding Faculty Advisors. They join 204 of their colleagues recognized by Beta Alpha Psi since the award was started in 1969 in memory of Richard E. Claire by the Andersen Foundation and has been funded by McGladrey since 2007. Honorees receive a plaque and a cash award of $5,000 in tangible recognition of their service to Beta Alpha Psi.
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Madeleine Carlin
Suzanne Ward
John Tripp Alpha Zeta
Mehmet Kocakulah
Kappa Upsilon Kappa Theta University of Pittsburgh University of Louisiana at Lafayette Pittsburgh, PA – Atlantic Coast Region Lafayette, LA – Southwest Region
University of Denver Denver, CO – Rocky Mountain Region
Lambda Mu University of Southern Indiana Evansville, In – Midwest Region
Deborah Medlar
Delta University of Washington Seattle, WA – Northwest Region
B ETA ALP HA P S I
In memory... Michael E. Brown, a CPA and longtime lecturer in accounting in the College of Business Administration at the University of Missouri-St. Louis, died suddenly Nov. 30, 2009. He was 57 years old. He earned a master’s degree in taxation from Walsh College in Troy, Mich., and was an agent for the Internal Revenue service for 27 years. Mike also taught accounting at UMSL for nearly 30 years. He was appointed a full-time lecturer in 2001. He served as faculty advisor for the Gamma Psi chapter of Beta Alpha Psi. Under his leadership, those student organizations won the Chancellor’s Distinguished Service Award in 2008. “Mike Brown was a very important part of the accounting programs at UMSL,” said Mary Beth Mohrman, associate professor and accounting area coordinator. “He was a valued colleague, who always was willing to do whatever the department needed. He was a popular teacher, with Professor Michael Brown University of Missouri – St. Louis
a relaxed style and an endearing sense of humor. In his work with our student organizations, he became an important mentor and friend to many students and alumni. He will be deeply missed.”
Michele Dantin Guidry, 49, a native of Cut Off, La., and resident of Thibodaux, La., died Friday, Dec. 11, 2009. Michele was the faculty advisor for the Iota Sigma Chapter of Beta Alpha Psi at Nicholls State University. Michele Guidry began teaching accounting courses in 1989, leaving behind the day-to-day tasks of preparing tax returns and generating financial statements. However, in 2003, Guidry decided to put into practice again what she had been teaching for 14 years. Michele completed a professional internship with Charles Theriot, CPA, where she served small business-accounting clients. This opportunity allowed her to sharpen her skills, update her knowledge of some of the main areas in accounting and see once again the workings of a CPA firm, Guidry says. Professor Michele Guidry Nicholls State University
Before becoming an instructor of accounting, Michele, a Certified Public Accountant, worked at Nicholls State University as the payroll and grants coordinator in the Controller Office. Being a part of university life and interacting with students are what Michele enjoyed most about being an instructor. Dr. George Minmier, 76, died July 1, 2010. Dr. Minmier, a Paris, Ark., native, graduated from the University of Arkansas with a Bachelor’s Degree in Accounting. He joined the U.S. Navy in 1956 and served on the USS Intrepid and the VW-4 Air Squadron (Hurricane Hunters) as a supply officer. After an honorable discharge, George worked as an accountant for a number of Fortune 500 companies and earned his M.B.A. from Southern Methodist University in Dallas in 1963. In 1967, George pursued his Ph.D. in Accounting at the University of Arkansas and later accepted a position with Georgia State University in Atlanta, where he earned the Outstanding Teacher Award Phi Chi Theta for Business Students. Jimmy Carter was the Governor of Georgia at the time, and George’s work became a part of Carter’s presidential initiatives. He became an accounting professor at the University of Memphis in 1979, where he was recognized as an outstanding professor, earned several honors and received the CPA and CMA certificates. George was committed to his beloved Beta Alpha Psi for the Gamma
George Samuel Minmier, Ph.D. University of Memphis
Chi chapter and was the longest serving faculty advisor in the international honors fraternity. His involvement spanned 30 years, including a number of years as a Regional Director and member of the Board of Directors. George was awarded the McGladrey & Pullen/BAP Outstanding Faculty Advisor Award two times. George was a wonderful and devoted father, grandfather and husband to his wife, Jean. He and Jean enjoyed traveling and taking cruises. An enthusiastic dancer, he frequented the former Summit Club “hug dancing” or jitterbugging with Jean.
2010 Annual Report
21
Outstanding Chapter Awards and Chapter Information Beta Alpha Psi’s Psi objectives are accomplished through the activities of its individual chapters. Activities of each chapter are evaluated and approved based on a report submitted by the chapter to the Executive Office in accordance with Beta Alpha Psi’s Program for Chapter Activities. KPMG proudly sponsors the Gold Challenge and Superior Chapter Awards for 2009-2010. Up to 15 chapters will be named Gold Chapters at the 2010 annual meeting and will receive a monetary reward of $2,500 and a plaque. Each Superior chapter will receive a plaque and a $275 monetary award to be used for a scholarship and other purposes. For their activities, 142 chapters have been recognized as Superior, and 29 chapters have been recognized as Distinguished. Five chapters have been recognized as Significantly Improved, and one chapter has been recognized as Most Improved. The Most Improved receives a monetary reward of $500 paid by the fund established as a Memorial to Beta Alpha Psi’s former Executive Director, Nancy C. Harke. There were fifteen chapters who achieved Gold status for 2010.
22
Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
Awards
1
1919
33
Alpha
University of Illinois
Susan Curtis Thomas Finnegan
Ho Jong Kim Da Hyun Kim
2
1921
18
Beta
University of Oregon
Joel Sneed
Roy Matsunaga
Superior
4
1921
125
Delta
University of Washington
Deborah Medlar
Jenny Park
Superior/GOLD
5
1922
20
Epsilon
Oregon State University
Amy Bourne
Kevin Thorpe
Superior
6
1923
33
Zeta
University of North Dakota
Steve Carlson DeeAnn Ellington
Erik Hauglid Brittany Kuntz
Distinguished
8
1924
35
Theta
University of Texas at Austin
David Verduzco
Rebekah Purrazella Peter Ray
9
1925
82
Iota
University of Southern California
Rose Layton
Karen Poon Jamie Kwak
11
1925
21
Lambda
University of California Berkeley
Maria Nondorf
Gabriel Catapang Sherman Kan
12
1926
127
Mu
New York University
Aaron Hipscher
Xin (Cindy) Qin
13
1927
51
Nu
University of Colorado at Boulder
Cathleen Burns
Adam Pasha
14
1929
54
Xi
Syracuse University
Mitch Franklin
Christie Yesersky
15
1929
25
Omicron
The Ohio State University
Richard Young
Nishanker Damodara Lindsey Tisza
Superior
16
1930
21
Pi
Case Western Reserve University
Kevin Carduff
Justin Williams David Srsen
Superior/GOLD
17
1931
9
Rho
University of Minnesota
Paul Gutterman
Alex Ellingson
Distinguished
18
1932
116
Sigma
University of Wisconsin – Madison
Ann O’Brian
Sara Schultz Jonathan Martin
20
1938
44
Upsilon
University of Florida
Jesse Boyles
Guillermo Lopez
21
1939
55
Phi
Louisiana State University
Julie Chenier
Sarah Miller Rachelle Ross
Superior
22
1939
63
Chi
Oklahoma State University
Patrick Dorr
Jonathan Steele
Superior
23
1942
31
Psi
Marquette University
Cindy Gruber
Carly Krizmanich
Superior
24
1942
43
Omega
Miami University
Clayton Hock Ronald Collins
J. Vincent Juron
25
1948
88
Alpha Beta
The University of Alabama
Gary Taylor
David Roebuck
26
1949
45
Alpha Gamma
CUNY – Baruch College
Emanuel Zur Julius Cherny
George Wang
29
1950
52
Alpha Zeta
University of Denver
John Tripp
Arpeeneh Adamian
Superior
Superior
Superior
Superior
B ETA ALP HA P S I
Outstanding Chapter Awards and Chapter Information Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
Awards
31
1951
27
Alpha Theta
University of Mississippi
J. Shaw
Antonia Pittari Andrew Cash
Superior
32
1951
30
Alpha Iota
University of Arkansas
Charles Leflar
Lindsay Hicks
Superior/GOLD
33
1952
36
Alpha Kappa
Ohio University
Connie Esmond-Kiger
Megan Souder
Superior
34
1951
34
Alpha Lambda
University of Tennessee – Knoxville
Karyn Valades
Izabela VanDeest
Distinguished
35
1952
45
Alpha Mu
University of Kentucky
Jennifer Siebenthaler
Sneha Kalyan Qorinah Wardhani
Superior
36
1953
29
Alpha Nu
Creighton University
Tom Purcell
Hannah Etnyre
Superior
37
1954
1
Alpha Xi
University of Detroit Mercy
Jeanne David
Nataliya Motovylyak
38
1954
30
Alpha Omicron
Michigan State University
Chris Hogan
Willie Sims
39
1954
45
Alpha Pi
University of Iowa
Joyce Berg
Daniel Teper
40
1955
25
Alpha Rho
Baylor University
Bill Thomas Suzanne Abbe
Keith Maynard
41
1955
5
Alpha Sigma
University of Cincinnati
David Burns
Ryan Crotty Felicia Briner
43
1955
22
Alpha Upsilon
Bowling Green State University
Phillip Schurrer
Jeff Koons
Superior
44
1956
53
Alpha Phi
Temple University
Marco Malandra Steven Balsam
Christina Kowal
Distinguished
45
1956
9
Alpha Chi
Louisiana Tech University
Carol Shaver
Jamie Gray
Superior
46
1957
44
Alpha Psi
West Virginia University
Richard Brooks
Andrew Fluharty
Superior
47
1957
154
Alpha Omega
Fordham University
Rosa Romeo
Carlo Coumoutsos
Superior
48
1957
82
Beta Alpha
Indiana University
Gretchen Handlos Malcolm McLelland
Scott Raichilson Jacklyn Geary
49
1958
20
Beta Gamma
DePaul University
John McEnroe Jon Assell
Emily Jung
51
1959
20
Beta Epsilon
Lehigh University
Karen Collins
Nicole Chin
52
1960
10
Beta Zeta
Loyola University New Orleans
Patrick Lynch
Justin Marocco
53
1960
58
Beta Eta
San Diego State University
David DeBoskey
Wesley Martin
54
1960
34
Beta Theta
The Pennsylvania State University
Ralph Licastro
Constantine Mezhinsky
55
1960
40
Beta Iota
Loyola University, Chicago
Brian B. Stanko Lisa Gillespie
Matthew Daggett
56
1960
25
Beta Kappa
Mississippi State University
Mark Lehman
Justin Hancock
57
1961
28
Beta Lambda
California State University, Los Angeles
Rafik Elias James G. Kunkel
Zhe Li
58
1961
119
Beta Mu
Georgia State University - School of Accountancy
Allison Jacobs Brad Schafer
Brett Guthrie Winifred Akande
59
1961
53
Beta Nu
Tulane University
Beauregard J. Parent Karen Foust
Brooke Bruns Scott Durco
60
1961
66
Beta Xi
University of Miami
Jacklyn Collins Seth Levine
Karen Somoano Victoria DelGado
Superior Significantly Improved
61
1961
15
Beta Omicron
University of Arizona
Karen Otto Carol Plagman
Kelly Campbell
Superior
62
1962
35
Beta Pi
University of North Texas
Dutch Fayard Jesse Robertson
Aleksander Joyanovic
Distinguished
63
1962
60
Beta Rho
Florida State University
Ronald Pierno
Christina Price
Superior
2010 Annual Report
Superior
Superior/GOLD
Superior
Superior Most Improved Chapter
23
Outstanding Chapter Awards and Chapter Information
24
Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
Awards
64
1962
75
Beta Sigma
University of Notre Dame
Janet L.O’Tousa
Caitlin Flynn
65
1962
65
Beta Sigma
Arizona State University
Harriet Maccracken Janet Samuels
JiaQi Bao Michael Sickles
66
1963
83
Beta Upsilon
University of Georgia
Dan Smith
Amrita Veliyath Lauren Olson
Superior
67
1964
59
Beta Phi
California State University, Sacramento
Hugh Pforsich
Phouc La
Superior
68
1964
35
Beta Chi
San Francisco State University
Mike Braswell Joanne Duke
Amy Winters Pillai
Superior
69
1964
28
Beta Psi
Kent State University
Donald McFall
Joseph Campbell
Superior
70
1965
24
Beta Omega
Texas Christian University
Janice Cobb
Meagan Wayland
71
1965
53
Gamma Alpha
Brigham Young University
Cassy Budd
Kevin Lang
Superior
72
1965
104
Gamma Beta
University of South Carolina
Caroline Stroble Susan Balk
David Hill
Superior
73
1966
96
Gamma Delta
University of Houston
Jim Stinson
Abolade Lawal
74
1966
17
Gamma Epsilon
University of Toledo
Diana Franz
Chris Konstandas
75
1966
18
Gamma Zeta
Southern Illinois University at Carbondale
Ramon Rodriguez
Scott Wilmouth
76
1967
22
Gamma Eta
University of Akron
Pamela Keltyka
Stacey Kies
77
1967
67
Gamma Theta
University of Missouri – Columbia
Billie Cunningham
Ben Wells Josh Gambrell
79
1967
41
Gamma Kappa
University of Nebraska at Omaha
Burch T. Kealey
Marc Behrens Jamie Cafferty
Superior
80
1967
65
Gamma Lambda
Virginia Tech
Brian Cloyd
Adam Sharrow
Superior
81
1967
15
Gamma Mu
Drake University
Joyce Njoroge
Yeouchiang Eng
82
1968
58
Gamma Nu
Northeastern University
Michael Cottrill
Deep Patel
83
1969
34
Gamma Xi
San Jose State University
Thomas Moschetti Howard Turetsky
Ka Leung Nadia Ahmad
Superior
84
1969
32
Gamma Omicron
California State University, Fresno
Tim Baker
Vipul Shah Keaton Young
Superior
85
1971
15
Gamma Pi
Northern Illinois University
Donald Tidrick
Paul Lee Andrew Miller
Superior
86
1971
40
Gamma Rho
Western Michigan University
Richard Hodges
Sorina Dodu Jessica Maronto
Superior
87
1971
22
Gamma Sigma
University of New Orleans
Mark Reid Joseph Beams
Debra Alvarez
Superior
88
1971
29
Gamma Tau
Colorado State University
Jefrrey Castrella Lauren Long
Michelle Griffith Catherine Childs
Superior
89
1971
44
Gamma Upsilon
University of Rhode Island
Henry Schwarzbach
Christina Mirra
90
1971
52
Gamma Phi
University of Texas at Arlington
Sandra Bitenc
Robert Chumley Tiffany Coker
Superior
Superior
Superior
B ETA ALP HA P S I
Outstanding Chapter Awards and Chapter Information Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
Awards
91
1971
27
Gamma Chi
University of Memphis
John Malloy George Minmier
Mallory Johnson
Superior
92
1972
33
Gamma Psi
University of Missouri – St. Louis
Leslie Vaughan
Allison Loser Chad Gornicz
Superior
93
1972
33
Gamma Omega
California State University, Long Beach
David B. Bojarsky
Alyse Fragosa Vincent Nguyen
Superior
94
1972
8
Delta Alpha
University of Wyoming
Michael Doherty
Cassie Marshall
Superior
95
1972
62
Delta Beta
California State University, Fullerton
Betty Chavis Robert Miller
Janet Lee Alvin Artadi
Superior
96
1972
60
Delta Gamma
University of South Florida
Gary Laursen Jennifer Cainas
Jon Minch Stephanie Wagenfohr
Superior/GOLD
97
1973
36
Delta Epsilon
Washington State University
Nori Pearson
Patrick Heneghen
Superior
98
1973
14
Delta Zeta
California State University, Chico
Tim Kizirian
Jasmine Logston
Superior
99
1973
6
Delta Eta
Seattle University
David Tinius Sarah Bee
Lawrence Lee Agatha Dodek
Superior
100
1974
30
Delta Theta
University of Hawaii at Manoa
Mary Woollen Hamid Pourjalali
Victoria Nael-Decierdo
Superior/GOLD
102
1974
16
Delta Kappa
The University of Montana
Barbara Reider
Dana Gullickson
Superior
103
1974
26
Delta Lambda
New Mexico State University
Russell Calk
John Michael Ordorica Charlotte Lane
104
1975
29
Delta Mu
University of Virginia
Monica Banyi
Eric Magenheimer
105
1975
30
Delta Nu
University of Massachusetts Amherst
Richard Asebrook Ronald Mannino
Tim Chan
106
1975
5
Delta Xi
Texas Southern University
Ladelle Hyman Kun Wang
Latrice Bonner
107
1976
57
Delta Omicron
University of Nebraska – Lincoln
Deb Cosgrove
Arielle Geffner
Superior
108
1976
33
Delta Pi
Hofstra University
Linda Schain
Arielle Geffner
Superior
109
1976
8
Delta Rho
Pacific Lutheran University
Janet Mobus
Lars Isaksaetre
110
1976
18
Delta Sigma
Eastern Washington University
Dave Gorton
Jenni Winter
111
1976
26
Delta Tau
Drexel University
Jane Kaplan
Katherine Crawford
Distinguished
112
1977
15
Delta Upsilon
Northern Arizona University
Kay Pitt
Jonathan Marc Wilhite
Distinguished
114
1977
43
Delta Chi
University of Alabama at Birmingham
Angel Smith
Sarah Malcom
115
1977
16
Delta Psi
Cleveland State University
Dan Kaminsky
Stephen Kresnye
Superior
116
1977
34
Delta Omega
Utah State University
Larry Walther
Brian Monsen
Superior/GOLD
117
1977
20
Epsilon Alpha
Portland State University
Elizabeth Almer
Megan Griffin
118
1977
19
Epsilon Beta
University of South Alabama
Gregory Prescott
Cody McLain Deanna Price
119
1977
96
Epsilon Gamma
University of Central Florida
Donna Bobok-Schmitt Charles Kelliher
Alexander Hofmeister Melissa Lilly
120
1977
50
Epsilon Delta
University of Missouri-Kansas City
Lavern Krueger
Gina Brenne Funda Kanl
121
1977
40
Epsilon Zeta
Virginia Commonwealth University
Roxanne Spindle
Donald Harveyr
Superior
123
1978
44
Epsilon Theta
Kansas State University
Monica Woods
Danielle Devlin
Distinguished
124
1978
51
Epsilon Iota
University of San Francisco
Diane Roberts
Jacob Haffner
Superior
2010 Annual Report
Superior
25
Outstanding Chapter Awards and Chapter Information
26
Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
Awards
125
1978
30
Epsilon Kappa
Appalachian State University
Ronald Marden
Ronald Hopkins
Superior
126
1978
49
Epsilon Lambda
University of Connecticut
Clifford Nelson
Brittany Ives
Superior
127
1978
17
Epsilon Mu
Stephen F. Austin State University
Treba Marsh
Jodi Henley
Distinguished
128
1978
13
Epsilon Nu
Murray State University
Leigh Johnson Wayne Tervo
James Taylor
Superior
129
1978
75
Epsilon Xi
University of Utah
Marci Butterfield
Trenton Doman
Superior/GOLD
130
1978
85
Epsilon Omicron
Auburn University
Amy Campbell Jennifer Cornett
Leann Katherine Stokes Anthony D. Caltabiano
Superior
132
1979
110
Epsilon Rho
University of Wisconsin – Whitewater
Roy Weatherwax Bill Tatman
Craig Stuebs
Superior
133
1979
5
Epsilon Sigma
George Washington University
Keith E. Smith
Rebecca Sagalyn
134
1979
13
Epsilon Tau
Wichita State University
Atul Rai
Melanie Blackmon Kimberly Oats
135
1979
23
Epsilon Upsilon
Emory University-Goizueta Business School
Charles Brandon Robert Minnear
Sara Shapiro
136
1979
11
Epsilon Phi
Wayne State University
Deborah Jones
Daniel Hagerman
137
1979
41
Epsilon Chi
California State University, Northridge
Christopher Jones Sung Wook Yoon
Karen Minasi3n Schatzi Herda
Superior/GOLD
138
1979
23
Epsilon Psi
California State University, East Bay
Ching-Lih Jan Diane Satin
Rohan Dixit
Superior
139
1980
37
Epsilon Omega
Eastern Michigan University
Howard Bunsis
Michael Taylor
Superior
140
1980
37
Zeta Alpha
Purdue University
Tony Greig
Jared Collins
141
1980
20
Zeta Beta
Western Illinois University
Cheryl Westen
Patricia Lake
142
1980
Zeta Gamma
Middle Tennessee State University
G. Robert Smith, Jr.
Keri Brunstad Kayla Grill
143
1980
41
Zeta Delta
Georgia Southern University
Dwight Sneathen J. Lowell Mooney
Charles Hodges
144
1981
8
Zeta Epsilon
Texas A&M University – Commerce
Gordon Heslop Linda Kapp
Brianne Ste. Marie
146
1981
47
Zeta Theta
University of Buffalo SUNY
Kathleen Nesper
Jeffrey Bassen
Superior/GOLD
147
1981
32
Zeta Iota
University of Nevada, Reno
Betty Cossitt
Danielle Farris
Superior
148
1981
22
Zeta Kappa
University of San Diego
Mark Judd Miles Romney
Stephen Steckbeck
Superior
149
1981
12
Zeta Lambda
Bradley University
Simon Petravick
Megan Halverson
Superior/GOLD
Superior Significantly Improved
Superior
Distinguished
B ETA ALP HA P S I
Outstanding Chapter Awards and Chapter Information Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
150
1982
25
Zeta Mu
The University of Southern Mississippi
Valerie Simmons
James Gingell Breanne Hancock
Awards
151
1982
34
Zeta Nu
Saint Louis University
Debbie Pike
Lindy Vu
Distinguished
152
1982
11
Zeta Xi
Seton Hall University
David Mest Joyce Strawser
Timothy Matthew
Distinguished
153
1982
24
Zeta Omicron
University of Wisconsin – Eau Claire
James Rundall
John Marchant Mark Bader
154
1982
27
Zeta Pi
Old Dominion University
Randall Spurrier
Brian Kint
Superior
155
1983
20
Zeta Rho
Clemson University
Ralph Welton
Matthew Pencek
Superior
156
1983
7
Zeta Sigma
North Carolina A&T State University
Gwendolyn Highsmith-Quick
Devon Privette
Superior
157
1983
23
Zeta Tau
Lamar University
Ann Watkins Howell Lynch
Kayla Tompkins
158
1983
24
Zeta Upsilon
University of Houston - Clear Lake
Susan Sorensen
Rececca Threatt
Superior Superior
159
1983
28
Zeta Phi
Tennessee Tech University
Dan Fesler
Stacey Jolley
160
1984
50
Zeta Chi
University of North Carolina at Greensboro
Jane Livingston Melissa Hershberger
Joshua Jones
161
1984
31
Zeta Psi
Boise State University
Celia Renner
James Bird
Superior
162
1984
24
Zeta Omega
Ball State University
Mark Myring
Justin Proctor
Superior
163
1984
40
Eta Alpha
University of North Carolina at Charlotte
Robert Guinn Pat Mynatt
Michael Lucisano Lisa Hardee
Superior
164
1984
42
Eta Beta
University of Texas at San Antonio
Cathy Cole
Paola Resendez Amanda Arredondo
Superior
165
1984
8
Eta Gamma
University of Louisville
William Stout
Samantha Abell
Superior
166
1985
21
Eta Delta
James Madison University
Sandra Cereola Luis Betencourt
Meghan White
Superior
167
1985
16
Eta Epsilon
Central Michigan University
Thomas Weirich
Emily Turbiak
Superior
168
1985
33
Eta Zeta
University of Dayton
Ron Burrows Jennifer Creech
Susan Massey
Superior
169
1985
52
Eta Theta
University of Wisconsin – Milwaukee
Sheila Viel Paul Fischer
Samantha Tess
170
1986
45
Eta Iota
Florida International University
Jimmy Carmente
Albert Tamayo Marie Torossian
Superior
171
1986
30
Eta Kappa
University of Tennessee at Chattanooga
Melanie McCoskey
Courtney Edmondson
Superior
172
1986
9
Eta Lambda
Idaho State University
Priscilla Reis
Xiaowen Mei Lakyn DeRoche
Superior Significantly Improved Superior
173
1986
46
Eta Mu
St. John’s University
Patrick R. Collabella
Anthony Fanwick
174
1987
13
Eta Nu
Howard University
Jean Wells Margaret Hicks
Violet Richardson
175
1988
16
Eta Xi
University of Michigan – Flint
Clement Chen Keith Moreland
Stevn Mao
Distinguished
176
1988
16
Eta Omicron
Western Kentucky University
Richard Aldridge Shari Henson
Brittney Chappell
Superior
177
1990
25
Eta Pi
University at Albany
Michelle Moshier
Samantha Cosenza
Superior
178
1990
13
Eta Rho
University of Tulsa
Tracy Manly Dennis Hudson
Jessika McCarver
Distinguished
179
1990
8
Eta Sigma
University of Louisiana at Monroe
Patti Roshto
Ashlyn Labat
Superior
180
1990
72
Eta Tau
Florida Atlantic University
Kimberly Dunn
Emmanuel Jourdan Scarlet Lin
Superior
2010 Annual Report
27
Outstanding Chapter Awards and Chapter Information
28
Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
181
1991
20
Eta Upsilon
Loyola College in Maryland
Hong Zhu
Timothy Sugrue
182
1991
16
Eta Phi
Oakland University (Michigan)
Sandra Pelfrey
Karenya Miller
183
1991
4
Eta Chi
Montana State University
Robin Jarnagin
Shardae Johnson
Awards
Superior
184
1991
10
Eta Psi
Wright State University
Jim Greenspan
Jeremy Miller
Superior
185
1992
21
Eta Omega
East Tennessee State University
Shelby Sparks Paul Bayes
Jessica Falso
Distinguished
186
1992
5
Theta Alpha
George Mason University
Connie Hylton
Bryant Le Julia Ragan
187
1992
8
Theta Beta
University of Texas at El Paso
Mary Stevens
Esther Robinson
Superior
188
1992
30
Theta Gamma
Bentley College
Arthur Reed
Christina Beshaw
Superior
189
1993
21
Theta Delta
Suffolk University
Tom Whalen Bill Driscoll
Venessa Vey
Superior
190
1993
10
Theta Epsilon
Indiana State University
Joseph Sanders
Lainey Pine
191
1993
24
Theta Zeta
Millsaps College
Jane Collins
Angela Pesnell
192
1993
15
Theta Eta
Southeastern Louisiana University
Dean DiGregorio
Kristin Spano Skyler Seal
193
1993
15
Theta Iota
University of Baltimore
Phillip Korb
Stuart Aiken
194
1994
Theta Kappa
University of Illinois at Chicago
Peter Chalos
Tim Seong
195
1994
23
Theta Lambda
University of Central Arkansas
Stephanie Watson Patricia Mounce
Kristin Vest
196
1994
80
Theta Mu
Rutgers University – New Brunswick
Marjorie Yuschak
Patrick Chong
197
1994
19
Theta Nu
Fort Lewis College
Chris Lyon Rick Gore
Rachel Lasiewicz
Superior
Superior
Superior
198
1994
45
Theta Xi
The University of New Mexico
Craig G. White
Thomas Helgeland
Superior
199
1994
21
Theta Omicron
University of Nevada, Las Vegas
Tommy Moores
Stephanie Holland
Superior
200
1995
24
Theta Pi
Missouri State University
Carl Keller George Schmelzle
Lindsey Brownsberger
Superior
201
1995
57
Theta Rho
Binghamton University
Elliot Kamlet
Cody Grant
202
1995
26
Theta Sigma
University of Colorado at Denver
Ann Martin
Jana Kellyova
203
1995
21
Theta Tau
Weber State University
David Malone
Amanda Allred
204
1996
10
Theta Upsilon
University of South Dakota
Srini Ragothaman
Stephanie Suhrbier
Superior
205
1996
36
Theta Phi
Western Washington University
David Zhu Audrey Taylor
Jana Kellyova
Superior
206
1996
8
Theta Chi
Duquesne University
Priscilla Austin
Dang Tran Jessica Ferich
Distinguished
207
1996
22
Theta Psi
University of Northern Colorado
Allen McConnell
Emma Watson
Superior
208
1997
16
Theta Omega
Eastern Illinois University
Tim Mills Bill Wootton
Lisa Vahling
Superior
209
1997
28
Iota Alpha
University of North Carolina at Wilmington
William Kerler David Mautz
Hanna Short
B ETA ALP HA P S I
Outstanding Chapter Awards and Chapter Information Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
210
1997
35
Iota Beta
Iowa State University
Diane Whittle William Dilla
Kendra Laubenthal Tyler Sulzberger
211
1997
16
Iota Gamma
University of Idaho
K.D. Hatheway-Dial Marla Kraut
Amber Hopf
Superior
212
1997
29
Iota Delta
Gonzaga University
Gary Weber
Greta Hoffman
Superior
214
1997
14
Iota Zeta
Towson University
Charles Russo
David Sereno Chris Nehus
Superior Significantly Improved
215
1997
30
Iota Eta
California State University San Bernardino
Janet Courts Ronald Escobar
Victoria Roberts
216
1998
16
Iota Theta
University of Alabama in Huntsville
Eugene Bryson
Andrew Spain
217
1998
14
Iota Kappa
University of the Pacific
Stephen Wheeler Cindy Eakin
Kristine Silva Suet Ying Wong
218
1998
42
Iota Lambda
Pace University
Charles Tang
Guilherme Santos Wai Htoon
Superior/GOLD
219
1998
11
Iota Mu
University of Central Missouri
Janice Klimek Jo Lynn Koehn
Kelsey Johnson Crystal Anderson
Superior
220
1998
30
Iota Nu
University of Oklahoma
Carol Knapp
Jacob Hill
221
1998
74
Iota Xi
East Carolina University
Joseph Hagan Douglas Schneider
Lucy Brenner
222
1998
3
Iota Omicron
McNeese University
Michael Roach
Heather Fontenot
223
1998
21
Iota Pi
Salisbury University
Robert Dombrowski
Seth Young
Superior
224
1999
11
Iota Rho
University of Wisconsin Oshkosh
Steve Makar
Jennifer Blohm
Distinguished
225
1999
11
Iota Sigma
Nicholls State University
Michele Guidry Catherine Gaharan
Rayven Plaisance
226
1999
47
Iota Tau
Kennesaw State University
Mary Sheil Rich Clune
Ashley Whitworth Kate Ferguson
227
1999
9
Iota Upsilon
University of Wisconsin – La Crosse
Kenneth Winter Barbara Eide
Michelle Cody Monica Endres
228
1999
29
Iota Phi
University of West Florida
Allen Frank
Michael Rosen
229
2000
44
Iota Chi
California State Polytechnic University, Pomona
Rose Martin William Foley
Roxanne Gutierrez
Superior
230
2000
38
Iota Psi
Fairfield University
Milo W.Peck, Jr. JoAnn Drusbosky
Nicole Barone
Distinguished
231
2000
41
Iota Omega
North Carolina State University
Roby Sawyers Janice Wetherbee
Andrew Cantell Carol Burton
232
2000
8
Kappa Alpha
Morgan State University
Karen Robinson
Babila Galega
233
2000
57
Kappa Beta
Grand Valley State University
Dori Danko Rita Grant
Melissa de la Rosa Lindsey Gilles
Superior
234
2000
32
Kappa Gamma
Rutgers University - Camden
Troy Janes Nathan Levison
Carissa O’Connor Alyssa McCarthy
Distinguished
235
2000
22
Kappa Delta
Illinois State University
Debbie Lindberg
Nicholas Jones Jarrad Koon
236
2000
25
Kappa Epsilon
Rider University
Drew Procaccino Sharry Li
Sabrina Govindarajan Alfred Russo
237
2001
31
Kappa Zeta
St. John’s University – Staten Island Campus
Patrick Colabella
Gina DeLauro
Distinguished
238
2001
14
Kappa Eta
Texas State University-San Marcos
Sherry Ross
Irasis Tamayo
Superior
239
2001
18
Kappa Theta
University of Louisiana at Lafayette
Suzanne Ward
Lauren Sonnier
Superior/GOLD
2010 Annual Report
Awards
Distinguished
29
Outstanding Chapter Awards and Chapter Information
30
Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
Awards
240
2001
14
Kappa Iota
Widener University
Nicole Santomero Frank Lordi
Keith Lehman
241
2001
64
Kappa Lambda
Southern Illinois University Edwardsville
Allen Hunt
Kristofer Lafore
242
2001
16
Kappa Mu
Sam Houston State University
Jan Taylor Morris
Justin Kelly
243
2001
37
Kappa Nu
Truman State University
Laurie Turner
Kelly Peterson
Superior
244
2002
18
Kappa Xi
Youngstown State University
Raymond Shaffer
Ashley Tonkovich
Superior
245
2002
3
Kappa Omicron
Long Island University – C.W. Post Campus
Christie L. Comunale
Megan Cavea
Superior
246
2002
15
Kappa Pi
Samford University
Sharon Jackson
Taylor Marie Kardoes
Superior
247
2002
12
Kappa Rho
Winthrop University
Michael Cornick Charles Alvis
J. Evan Mitchell
Superior
248
2003
32
Kappa Sigma
University of Michigan-Dearborn
Susan Baker
Barbara Bellaver
Superior
249
2003
42
Kappa Upsilon
University of Pittsburgh
Madeleine Carlin Jocelyn Kauffunger
Jonathan Kostuch
Superior
250
2003
26
Kappa Phi
Marshall University
Amanda Thompson Dallas Brozik
Tyler Rowland
Superior/GOLD
251
2003
15
Kappa Chi
Western Illinois University – Quad Cities
Martin Coe
Gretchen Schlund Elizabeth Patrizi
253
2004
18
Kappa Omega
Villanova University
Wayne Bremser
Robert Riley
254
2004
117
Lambda Alpha
University of Kansas
Alee Phillips
Ryan Dreher
255
2004
27
Lambda Beta
The University of Tampa
Mary Keener
Andrew Argue
Superior/GOLD
256
2004
15
Lambda Gamma
Pittsburg State University
Gail Yarick
Amy Ster
Distinguished
257
2005
7
Lambda Delta
Stetson University
Judson Stryker Michael Bitter
Jacob Stafford Bashorat Usmanova
258
2005
12
Lambda Epsilon
Winston Salem State University
George Johnson George Heilman
Demar Drummond
259
2005
16
Lambda Zeta
SUNY Oswego
Florence Kirk
Laura Bea Murphy
260
2005
20
Lambda Eta
Marist College
Greg Tully
Joseph Lombardi
261
2005
9
Lambda Theta
South Carolina State University
Barbara Adams
Carl Curnell
262
2005
19
Lambda Iota
Northern Michigan University
Kenneth Mullins
Mary Jeanne Rajala Lorelei Peanosky
263
2005
34
Lambda Kappa
Coastal Carolina University
John Mortimer Joe Warther
Shawn Sines Barry Long
Distinguished
264
2006
15
Lambda Mu
University of Southern Indiana
Mehmet Kocakulah Brian McGuire
Emily Shetler
Superior
265
2006
22
Lamda Nu
Belmont University
Del DeVries
Alexa Karpinski
Distinguished
266
2006
20
Lambda Xi
Elon University
Patty Cox Linda Poulson
Todd Cash
Superior
267
2006
90
Lambda Omicron
University of Texas at Dallas
Tiffany Bortz
Lauren Jobe
268
2006
25
Lambda Pi
Manhattan College
Ahmed Goma
Kimberly Pappas
Superior
Distinguished
B ETA ALP HA P S I
Outstanding Chapter Awards and Chapter Information Chapter Number
Charter Year
Number of Initiates FY 2010
Name
School Name
Faculty Advisor/ Co-Advisor
President
269
2006
20
Lambda Rho
California State University, Stanislaus
Kim Tan David Lindsay
Dale Krugger
270
2006
18
Lambda Sigma
University of California, Los Angeles
Gordon Klein
Mariya Entina
271
2006
13
Lambda Upsilon
Seattle Pacific University
Ross Stewart
Megan Winskill
272
2006
16
Lambda Phi
Georgia College & State University
Catherine Whelan Bryan Marshall
Lisa Redford
273
2007
18
Lambda Chi
Niagara University
Alfonso Oddo
Rochelle Greek
274
2007
34
Lambda Psi
Emporia State University
George Durler
Jason Seaton Julian Rios
275
2008
34
Lambda Omega
The University of Sydney – Australia
Pearl Rozenberg
Peter O’Neill
276
2008
25
Mu Alpha
Ithaca College
Patricia Libby
Aaron Jones
277
2008
13
Mu Beta
College of Charleston
Michael C. Cipriano Dana Garner
Matthew Pierce
Awards
Distinguished
Superior
278
2008
15
Mu Delta
Ohio Northern University
Dexter Woods
Jordan Miller
Distinguished
279
2008
18
Mu Gamma
University of South Florida St. Petersburg
Patricia Gaukel
Jennifer Perez Jessica Brown
Superior
280
2009
4
Mu Epsilon
Western New England College
John Coulter
Kristina LaBare
281
2009
18
Mu Zeta
Valdosta State University
Raymond Elson
Melanie Terwood
282
2009
44
Mu Eta
The College of New Jersey
Mark Nigrini Seunghee Choi
Rebecca Bella
283
2009
14
Mu Theta
Tennessee State University
Eva Jermakowicz Lawrence Maples
Jonathan Eakes
284
2009
43
The Auckland Chapter
The University of Auckland New Zealand
Julie Harrison Brendon Potter
Salah Al-Chanati Kajal Bajpai
Distinguished
285
2010
37
Mu Xi
The University of Texas at Tyler
Mark Washburn Mary Fischer
Matt Lusty
Distinguished
286
2010
42
Mu Lambda
Florida Gulf Coast University
Joseph C. Rue Jacqueline R. Conrecode
Christopher Morton
Superior
287
2010
31
Mu Nu
University of Nebraska – Kearney
Janet Trewin
Matthew Bjornsen
288
2010
47
Mu Xi
Southeast Missouri State University
Rebecca Lohmann
Lucas Luckett
289
2010
63
Mu Omicron
Washburn University
Richard Moellenberndt
Sadye Mages
Petitioning Chapters
Faculty Advisor Co-Advisor
President
1357
Central Washington University
Ronald Tidd
Michael Tonge
1361
Adelphi University
Richard Baker Ganesh Pandit
Natalie Venezia Felix Sapini
1362
University of Washington Bothell
Ron Tilden
1363
Utah Valley University
James Bailey
1365
Xavier University
David Randolph
1366
Massey University
Asheq Rahman
1367
University of Hartford
J. Donald Warren, Jr.
1368
University of Massachusetts Dartmouth
Akinyloye Akindayomi
2010 Annual Report
Superior
Superior
Awards
Superior
Margaret Weidner
Laura Paulekas
31
New Chapter Installations
#285 - University of Texas at Tyler - Mu Kappa 37 Charter Members Installing Officers – Andrew Bailey, President and Lu Montondon, Chapter Advocate #286 - Florida Gulf Coast University - Mu Lambda 42 Charter Members Installing Officers – Nancy Nichols, Past President and Patricia Poli, Chapter Advocate #287 - University of Nebraska at Kearney - Mu Nu 31 Charter Members Installing Officers – Nancy Nichols, Past President and Patricia Poli, Chapter Advocate #288 - Southeast Missouri State University - Mu Xi 47 Charter Members Installing Officers – Teresa Conover, President Elect and Scott Hobson, Chapter Advocate #289 - Washburn University - Mu Omicron 63 Charter Members Installing Officer – Teresa Conover, President Elect and Scott Hobson, Chapter Advocate
32
B ETA ALP HA P S I
2009 Annual Meeting Winners
2009 Project Run With It
2009 Gold Challenge
sponsored by Moss Adams LLP
sponsored by KPMG
Winners Arts & Business Council of New York Max Billmyer Marshall University – Kappa Phi Todd Cash Elon University – Lambda Xi
Winners University of South Florida — Delta Gamma Louisiana State University — Phi University of Louisiana at Monroe — Eta Sigma University of Washington — Delta Pace University — Iota Lambda
Jana Kellyova University of Colorado, Denver – Theta Sigma
University of Arkansas — Alpha Iota
Victoria Nael-Decierdo University of Hawaii at Manoa – Delta Theta
San Diego State University — Beta Eta
Creative Alternatives of New York Heather Beisswanger University of South Florida – Delta Gamma Rachel Lasiewicz Fort Lewis College – Theta Nu Jeff Reiter Western Washington University – Theta Phi Palms for Life Fund Nikki Blaschko University of Nebraska at Kearney – Petitioning Igor Ryvkin San Francisco State University – Beta Chi Brittany Vetter SUNY at Oswego – Lambda Zeta
August 2009, Brooklyn, N.Y.
SUNY at Buffalo — Zeta Theta
University of Oregon — Beta Marquette University — Psi Western Illinois University — Zeta Beta University of Denver — Alpha Zeta University of North Carolina at Charlotte — Eta Alpha
2009 Best Practices Winners sponsored by Deloitte Service Learning: Using your Skills to Help a Local Organization 1st Place: University of Central Arkansas — Theta Lambda Honorable Mention: University of Washington — Delta Honorable Mention: Emporia State University — Lambda Psi
Developing Life Skills: Helping Others Succeed 1st Place: University of Texas at El Paso — Theta Beta Honorable Mention: Pace University Honorable Mention: Ohio University
Bradley University — Zeta Lambda
sponsored by Ernst & Young
Chapter Sustainability: The Future Success of Your Chapter 1st Place: University of Tampa — Lambda Beta
University of Iowa – Alpha Pi
Honorable Mention: University of Oregon — Beta
2009 Diversity Initiative Award
University of Washington – Delta Pace University – Iota Lambda Kent State University – Beta Psi
Honorable Mention: California State University - Los Angeles — Beta Lambda
2009 Medal of Inspiration Winner sponsored by the AICPA
Marilu Cruz University of Washington, Delta Chapter
2010 Annual Report
33
Nancy C. Harke Executive Office Dear Members, This is the first time the Executive Office staff has been invited to contribute to the Beta Alpha Psi annual report. I speak on behalf of Margie Fiorentino, Este Alicea-Rivera, and myself, in saying that we are honored to be in our positions, serving our members and implementing the policies approved by our board of directors who represent you. Our Executive Office is unusual in that it is housed within the American Institute of CPAs. Through a contractual arrangement, we have three full-time employees, plus we have an extended family of individuals who dedicate a portion of their time in completing our business needs such as accounting, conference planning, graphic design, facilities assistance, legal, and in many other ways. We are indebted to the generosity of the AICPA who enables us to operate as though we are a large company while we do it with a very small staff. Our daily activities are fairly typical of a small business: we answer many phone calls and emails from you on every possibly topic. We also process your payments and transmit your nominations/ applications to the appropriate judging task force.
The Nancy C. Harke Executive Office is operated under the direction of the Beta Alpha Psi board of directors. Support for the office is provided by the American Institute of Certified Public Accountants (AICPA) under the terms of an alliance that has allowed Beta Alpha Psi to streamline the reporting process, and to take advantage of may available resources. Contacting the Executive Office Email:
[email protected] Phone: 919.402.4044 Fax: 919.402.4040 Mail: 220 Leigh Farm Road Durham, NC 27707
We support the Beta Alpha Psi board, which determines the strategic direction of the organization. When a new competition is approved, it is our responsibility to work with our volunteers to implement and mainstream it into our organization. During the past few months, a task force of the board has been planning the launch of a Beta Alpha Psi e-newsletter. Our staff supported the task force in many ways to enable us to use e-mail so that the messages will not go straight to spam, updating our policies and procedures so that we are in compliance with privacy practices, and developing a realistic production schedule. The PCA was adjusted at the recommendation of our alumni representatives to encourage our chapters to help us update our alumni database. We prepare a budget that serves as a financial guide for what we expect in the upcoming year. We update it periodically since most of what happens is a result of your efforts to keep our chapters very active. We have an annual review of our internal controls by the AICPA Internal Audit team to make sure they comply with current standards. Though our books and financial records are not more complex than those in a basic accounting course, our statements need review and there are adjustments and corrections that take place throughout the year. We have an annual audit by J.H. Cohn and its auditors request analyses and ask incisive questions related to our current and future plans. As I write this, we are getting to the final stages of planning our upcoming annual conference in San Jose, CA. We work with volunteer conference chairs and other volunteers responsible for various segments of the conference. I hope you have noticed that our conference website is contemporary and much more user friendly. In the fall, we invited your chapter to participate in our operations sessions. The Advisory Forum and its representatives will be the presenters in our professional sessions. At the request of the board, the BAP staff has helped generate new revenue sources to help cover the increasing costs of the conference. We want your experience in San Jose to be memorable and professional. We welcome Kathleen Horton, CMP, and Beth Woloski, members of the AICPA Meetings and Conferences team, who took over the leadership of our conference planning function at the end of April 2010. They and their colleagues will be responsible for booking hotels for our regional and annual meetings, negotiating contracts, working with our annual and regional meeting planning teams, and fulfilling the other responsibilities of being conference planners. We acknowledge and thank Yolanda Hamer, who served as Beta Alpha Psi’s first full-time conference planner for almost four years and wish her good luck in her new position. In closing, we’d like to thank the board of directors, the faculty advisors, the chapter officers who tirelessly plan and run the activities, and our members. We had a very successful 2009-10 year and plan to build on it during 2010-11 and in future years. Yours truly,
Dassie Baum, Executive Director
34
2010 Annual Report
B ETA ALP HA P S I 34
Nancy C. Harke Executive Office Hadassah (Dassie) Baum is responsible for the operation of the Nancy C. Harke Executive Office, the coordination of board and Forum meetings, finance and internal technology for Beta Alpha Psi. In November 2006, she relocated to North Carolina to establish BAP’s new office in Durham. Before becoming the Executive Director of BAP, Baum was a technical manager for the AICPA’s new finance team and served as the Director of Academic Development for the Institute of Management Accountants. She has a variety of experience in public accounting, industry and education.
Hadassah Baum (Dassie) Executive Director
Her educational background includes being a CPA, CMA and CAE (Certified Association Executive). Baum received an M.B.A. degree from New York University and a B.S. in accounting from Brooklyn College. Dassie and her husband Avi, reside in Raleigh, N.C. Besides exploring her new neighborhood, she enjoys swimming, entertaining, reading, crossword puzzles and community involvement. Margaret Fiorentino is the primary point of contact for BAP. She handles all phone and e-mail inquiries from Faculty Advisors and Chapter Officers and sends out chapter communications. Her duties include maintaining the BAP website and the Reporting Intranet, distributing membership certificates, and fulfilling chapter supply requests. Fiorentino also is responsible for overseeing the preparation of the annual report and updating the chapters with the annual meeting details. She also works closely with the board of directors and new petitioning chapters. Margaret is a graduate of The City College of New York with a bachelor’s degree in Liberal Arts. Margie is happily married to Peter and they reside in Chapel Hill, N.C.
Margaret Fiorentino Chapter Services Specialist
Esteban Alicea-Rivera has more than 11 years experience producing various websites, web-based e-learning and web-based applications in academic, corporate and government work environments. Most recently he worked as a Web Designer Developer with MetaMetrics, Inc. In addition, he helped develop the U.S. Equal Employment Opportunity Commission website to exceed section 508 accessibility compliance and created EEOC’s Spanish-language website. In the past, Alicea-Rivera has developed backend e-learning modules for the pharmaceutical industry, Uniformed Services University of the Health Sciences and Military Medicine and the U.S. Navy Seals. Alicea-Rivera lives in Apex, N.C. with his wife, Stefanie, and his eight-year-old son, Stephen, who wants to be a paleontologist when he grows up. Esteban Alicea-Rivera Web Designer
Kathleen Horton is the Conference Manager for the 2010 Beta Alpha Psi Annual Conference. She is the primary contact for all operations and logistics questions. She is working closely on the transition of information to the new Event & Meetings team for BAP. Kathleen is a graduate of the University of Georgia and has worked for the AICPA for 4 years.
Kathleen Horton Conference Manager Meetings & Conferences - AICPA
Beth Woloski joined the AICPA in February 2007. As Manager, Meetings & Events, she manages all logistical aspects of the Beta Alpha Psi regional meetings, board meetings, as well as assists with the 2010 Annual Conference. In addition to Beta Alpha Psi, Woloski is also responsible for the management of the logistical planning of AICPA’s external committee meetings and non-revenue generating conferences and events. Upon graduation from North Carolina State University, Woloski worked for a meeting planning company. She returned to school to obtain her North Carolina Teaching License, teaching middle school Language Arts for several years. Beth Woloski Manager of Meetings & Events Meetings & Conferences - AICPA
2010 Annual Report
Woloski lives in Raleigh, NC where she is an avid marathon runner and recently completed her first ultramarathon. She also enjoys volunteering, as well as baking/decorating cakes.
35
Financial Statements
Report of Independent Public Accountants To the board of directors Beta Alpha Psi We have audited the accompanying statements of financial position of Beta Alpha Psi as of April 30, 2010 and 2009, and the related statements of activities and cash flows for the years then ended. These financial statements are the responsibility of the Organization’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Beta Alpha Psi as of April 30, 2010 and 2009, and the changes in its net assets and cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America. J.H. Cohn, LLP
Roseland, New Jersey June 16, 2010
36
B ETA ALP HA P S I
Financial Statements Statements of Financial Position Years Ended
April 30, 2010
April 30, 2009
$1,037,837
$915,673
304,213
215,802
58,410
47,936
Current assets Cash and cash equivalents Investments Accounts receivable Prepaid expenses and other assets Totals
35,611
10,118
$1,436,071
$1,189,529
115,839
199,254
25,569
4,912
$1,577,479
$1,393,695
$88,621
$114,810
41,052
34,662
129,673
149,472
1,350,506
1,181,823
Long term assets Investments Web site development, net of accumulated amortization $156,523 and $151,900 Totals Liabilities Accounts payable Unearned revenue Total Liabilities Net assets Unrestricted Temporarily restricted Total net assets Totals
97,300
62,400
1,447,806
1,244,223
$1,577,479
$1,393,695
Statements of Cash Flows Years Ended
April 30, 2010
April 30, 2009
$203,583
$45,018
Operating activities Change in net assets
Adjustments to reconcile change in net assets to net cash provided by (used in) operating activities: Amortization
4,623
Loss on disposition of website development costs
16,878 38,672
Changes in operating assets and liabilities: Accounts receivable
(10,474)
27,188
Prepaid expenses and other assets
(25,493)
(528)
Accounts payable
(26,189)
(84,072)
6,390
17,717
152,440
60,873
(25,280)
(13,129)
Unearned revenue Net cash provided by operating activities Investing activities: Capital expenditures Purchase of investments
(4,996)
(221,991)
(30,276)
(235,120)
Net increase (decrease) in cash and cash equivalents
122,164
(174,247)
Cash and cash equivalents, beginning of year
915,673
1,089,920
$1,037,837
$915,673
Net cash used in investing activities
Cash and cash equivalents, end of year
See Notes to Financial Statements.
2010 Annual Report
37
Financial Statements Statements of Activities Years Ended
April 30, 2010
April 30, 2009
$ 642,818
$ 557,361
181,000
185,200
Changes in unrestricted net assets Revenue and support: Initiation fees Associates program contributions Chapter maintenance fees
53,905
52,475
Annual student convention
217,862
209,650
Charter and petition fees
8,000
7,990
135,188
132,355
6,652
17,815
Contributed services
149,639
127,029
Net assets released from restrictions
149,341
136,925
16,167
20,513
1,560,572
1,447,313
384,905
355,079
37,357
41,415
9,498
9,959
Regional meetings Interest income
Miscellaneous Total unrestricted revenue and support Expenses Annual student convention Board of directors meetings Chapter installations and visitations Banners and gavels Regional meetings Superior chapter awards
4,367
4,425
306,176
320,026
31,125
53,050
Best practice awards
27,250
26,275
Diversity awards
10,000
10,000
Faculty advisor awards
25,000
30,000
Gold Challenge awards
35,966
Project Run With It awards Miscellaneous Total program expenses General and administrative Total expenses Change in unrestricted net assets
10,000
10,000
6,655
7,337
$888,299
$867,566
503,590
498,804
$1,391,889
$1,366,370
168,683
80,943
184,241
101,000
(149,341)
(136,925)
34,900
(35,925)
Change in temporarily restricted net assets: Contributions Net assets released from restrictions Change in temporarily restricted net assets Change in net assets Net assets, beginning of year Net assets, end of year
203,583
45,018
1,244,223
1,199,205
$ 1,447,806
$1,244,223
See Notes to Financial Statements.
38
B ETA ALP HA P S I
Financial Statements
Note 1 — Purpose and summary of accounting policies: Purpose: Beta Alpha Psi (the “Organization”) is organized and operated for the encouragement and recognition of scholastic and professional excellence in the fields of finance, accounting and information systems. The Organization’s objectives are accomplished through the activities of its chapters. Financial resources to promote these activities are provided by the chapters and various public and private firms. Accounting method: The accompanying financial statements are prepared on the accrual basis of accounting. Use of estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Cash and cash equivalents: The Organization considers instruments with an original maturity of three months or less when purchased to be cash equivalents. As of April 30, 2010 and 2009, the Organization’s cash equivalents consisted primarily of short-term U.S. treasury obligations and money market funds. Investments: Short and long-term investments for the years ended April 30, 2010 and 2009 consist of certificates of deposit with varying maturity lengths. Certificates of deposit with maturities of greater than three months, but less than one year are considered short-term. Certificates of deposit greater than one year are considered held long-term.
2010 Annual Report
Concentrations of credit risk: Financial instruments which potentially subject the Organization to concentrations of credit risk consist of cash and cash equivalents. The Organization maintains its cash and cash equivalents in account balances, which may at times exceed the insured amount under the Federal Deposit Insurance Corporation (“FDIC”). As of April 30, 2010 and 2009, the Organization’s cash balance exceeded the current insured amount under FDIC by approximately $173,000 and $166,000, respectively. Cash equivalent amounts invested in a Sweep Investment Account (“Sweep Account”), collateralized by U.S. Government securities, are not insured nor guaranteed by the FDIC. As of April 30, 2010 and 2009, the balance in the Sweep Account was $905,000 and $0, respectively. Accounts receivable: Credit risk with respect to accounts receivable is limited because the Organization deals with a large number of members in a wide geographic area. The Organization closely monitors the extension of credit to its members. On a periodic basis, the Organization evaluates its accounts receivable and establishes an allowance for doubtful accounts, based on a history of past write-offs and collections and current credit considerations. Consequently, as of April 30, 2010 and 2009, the Organization has no significant concentrations of credit risk. As of April 30, 2010 and 2009, there is no allowance for doubtful accounts established as management believes that all amounts are collectible. Web site development costs: All costs incurred in planning the development of a web site are expensed as incurred. Costs, other than general and administrative and overhead costs, incurred in the web site application and infrastructure
39
Financial Statements
development stage, which involves acquiring or developing hardware and software to operate the web site, are capitalized. Fees paid to an Internet service provider for hosting a web site on its server(s) connected to the Internet are expensed over the estimated period of benefit. Other costs incurred during the operating stage, such as training, administration and maintenance costs, are expensed as incurred. Costs incurred during the operating stage for upgrades and enhancements of a web site are capitalized if it is probable that they will result in added functionality. Capitalized web site development costs are amortized on a straight-line basis over their estimated useful life. The unamortized costs remaining as of April 30, 2010 and 2009 represent salary and outsourced costs associated with new site development and enhancements. Fair value measurements: The Organization adopted the fair value accounting standard as of the beginning of its 2010 fiscal year. The accounting standard for fair value establishes a framework for measuring fair value and expands disclosures about fair value measurements. Net assets: The Organization’s financial resources have been combined into two net asset classes (unrestricted and temporarily restricted) based upon stipulations imposed by donors. Unrestricted net assets include expendable resources over which the Organization’s Board of Directors has discretionary control and are used to carry out the Organization’s operations in accordance with its by-laws. Temporarily restricted net assets include resources expendable only for those purposes specified
40
by a donor or grantor. The restrictions are satisfied by specific expenditures of the Organization. Contributed services: The Organization recognizes contribution revenue for certain contributed services received at the fair value of those services. Those services include facilities and organizational support valued at $109,639 and $97,029 for the years ended April 30, 2010 and 2009, respectively, furnished by the American Institute of Certified Public Accountants. See Note 5 for additional services provided by the American Institute of Certified Public Accountants. In addition, a significant amount of time, for which no value has been assigned as it does not meet the criteria for recognition, was volunteered by professors and students to the activities of the Organization. Contributed property and fixtures: Contributed property and fixtures are recorded at fair value at the date of donation. If donors stipulate the use of the assets, the contributions are recorded as restricted support. In the absence of such stipulations, contributions of property and fixtures are recorded as unrestricted support. No contributed property or fixtures were donated for the years ended April 30, 2010 and 2009. Revenue recognition: Revenue from initiation and chapter maintenance fees are recorded in the period the fees are due. Contributions as well as charter and petition fees are recognized in the period received. Revenue received from the annual student convention, regional meetings, and other conferences is recognized in the period in which the event occurs.
B ETA ALP HA P S I
Financial Statements
New accounting pronouncements: Income taxes: The Organization adopted the new accounting for uncertainty in income taxes guidance on May 1, 2009. The adoption of that guidance did not result in the recognition of any unrecognized tax benefits and the Organization has no unrecognized tax benefits at April 30, 2010. The Organization’s U.S. Federal income tax returns prior to fiscal year April 30, 2007 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. As of April 30, 2010, the Organization did not recognize any interest and penalties associated with tax matters. Subsequent events: In May 2009, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance regarding subsequent events that provides guidance as to when an entity should recognize events or transactions occurring after the statement of financial position date in its financial statements and the necessary disclosures related to these events. The Organization adopted the provisions of this guidance for the fiscal year ended April 30, 2010 and the adoption of this guidance did not have a material impact on the Organization’s financial statements. The Organization has evaluated subsequent events through June 16,2010, the date which the financial statements were available to be issued. Codification: In June 2009, the FASB issued authoritative guidance regarding
2010 Annual Report
accounting standards codification and the hierarchy of generally accepted accounting principles (“GAAP”). This guidance has become the source of the authoritative U.S. GAAP recognized by the FASB and applied by nongovernmental entities. This guidance was effective for financial statements issued for interim and annual periods ending after September 15, 2009. The Organization adopted the provisions of this guidance for the fiscal year ended April 30, 2010 and the adoption of this guidance did not have a material impact on the Organization’s financial statements. Reclassifications: Certain accounts in the 2009 financial statements have been reclassified to conform with the current year’s presentation.
Note 2 — Investments: Investments consist of the following: 2010
2009
Certificates of deposit – short term
$304,213
$215,802
Certificates of deposit – long term
115,839
199,254
$420,052
$415.056
Total FAIR VALUE
The fair value of the certificates of deposit approximates cost. Investment income consists of interest income of $6,652 and $17,815 in 2010 and 2009, respectively.
Note 3 — Fair value measurements: As stated in Note 1, on May 1, 2009, the Organization adopted the fair value accounting standard to value its financial
41
Financial Statements
assets and liabilities. Fair value is based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In order to increase consistency and comparability in fair value measurements, the fair value accounting standard establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three broad levels, which are described below: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. The fair value hierarchy gives the highest priority to Level 1 inputs. Level 2: Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in inactive markets; or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated with observable market data. Level 3: Unobservable inputs are used when little or no market data is available. The fair value hierarchy gives the lowest priority to Level 3 inputs. In determining fair value, the Organization utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as considers counterparty credit risk in its assessment of fair value. Financial assets carried at fair value at April 30, 2010 are classified in the table below in one of the three categories described above:
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Fair Value Measurements Using Quoted Prices in Active Markets for Identical Instruments (Level 1)
Total
Certificates of deposit
$420,052
$420,052
Total ASSETS MEASURES AT FAIR VALUE
$420,052
$420,052
Investments in certificates of deposit are valued using market prices on active markets (Level 1). Level 1 instrument valuations are obtained from real-time quotes for transactions in active exchange markets involving identical assets. The preceding methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values.
Note 4 — Temporarily restricted net assets: Temporarily restricted net assets were released from restrictions in fiscal 2010 and 2009 in fulfillment of the following purposes:
Best practice awards Faculty advisor awards
2009
2008
$ 27,250
$26,275
25,000
30,000
Superior chapter awards
31,125
50,600
Diversity awards
10,000
10,000
Project Run With It awards and program expenses
20,000
20,000
Gold Challenge awards
35,966
Teresa and James Conover Totals
50 $149,341
$136,925
Since fiscal year 2001, Deloitte has been a sponsor of the Best Practices program intended to encourage students to develop and execute
B ETA ALP HA P S I
Financial Statements
programs that promote awareness and student involvement in projects that exemplify values shared by Beta Alpha Psi and Deloitte. Deloitte sponsors the awards for the Best Practices competitions held at both the Regional and Annual meetings. Since fiscal year 2008, McGladrey & Pullen LLP has sponsored the annual program awarding the outstanding chapter faculty advisors. During fiscal 2010 there were a total of five (5) awards given to faculty advisors. KPMG is the sponsor of the Superior Chapter Award Program. Beta Alpha Psi’s objectives are accomplished through the activities of its individual chapters. As such, activities of each chapter are evaluated annually through a report of each chapter. The Organization designates outstanding chapters with a Superior Chapter award in accordance with the program for chapter activities. Beginning in fiscal 2010, KPMG also sponsored the Gold Challenge awards and related expenses for those chapters that go above and beyond what is required to become a Superior Chapter. During fiscal 2010 there were a total of fourteen (14) awards given to chapters. Ernst & Young will provide an annual award for up to ten chapters who have made an impact on “diversity” within Beta Alpha Psi and/or their respective school/community. During fiscal 2010, four (4) awards were given to chapters. Since fiscal 2009, Moss Adams LLP has sponsored Project Run With It competition awards and program expenses that provided each individual on the first-place team with a plaque and their chapter also receives an award. During fiscal 2010, ten (10) awards were given to chapters.
2010 Annual Report
All temporarily restricted net assets are restricted for use for specific program activities in future periods. Temporarily restricted net assets as of the end of the fiscal year consist of funds restricted for the following purposes: Best practice awards Faculty advisor awards Superior chapter awards
2010
2009
$39,350
$6,600
13,800
13,800
2,150
Diversity awards
22,000
22,000
Project Run With It awards and program expenses
20,000
20,000
$97,300
$62,400
Totals
Note 5 – Related party: General and administrative expenses include charges from the American Institute of Certified Public Accountants for payroll and benefits, consistent with an annual agreement, which amounted to $284,503 and $233,501 for the years ended April 30, 2010 and 2009 respectively. At April 30, 2010 and 2009, the Organization owed the American Institute of Certified Public Accountants $35,189 and $58,891, respectively, which is included in accounts payable.
Note 6 – Tax status: The Organization is a not-for-profit agency exempt from Federal income tax under Section 501 (c)(3) of the Internal Revenue Code and has been classified as a charitable organization qualifying for the maximum charitable contribution deduction by donors.
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Past Presidents of BETA ALPHA PSI The International Honors Organization for Business Information Professionals
44
Term
Name
Affiliation
Term
Name
Affiliation
1919 – 1924
Hiram T. Scovill
Illinois
1970 – 1971
Charles W. Taylor
Mississippi
1924 – 1927
Eric L. Kohler
Chicago, IL
1971 – 1972
Robert S. Wasley
Colorado
1927 – 1929
A.C. Littleton
Illinois
1972 – 1973
Harold L. Royer
Miami (Florida)
1929 – 1930
William E. Cox
Washington
1973 – 1975
Hollis A. Dixon
Arizona
1931
Jacob B. Taylor
Ohio State
1975 – 1976
Robert S. Maust
West Virginia
1932
F.W. Woodbridge
Southern California
1976 – 1977
Fred J. Mueller
Washington
1933 – 1934
John T. Madden
New York
1977 – 1978
Doris M. Cook
Arkansas
1935 – 1936
Charles F. Schlatter
Illinois
1978 – 1979
Thomas J. Burns
Ohio State
1937
C. Aubrey Smith
Texas
1979 – 1980
James W. Pattillo
South Bend, IN
1938
H.J. Ostlund
Minnesota
1980 – 1981
Joyce C. Dean
Baylor
1939
W.E. Karrenbrock
California
1981 – 1982
Henry R. Anderson
CSU, Fullerton
1940
Fayette H. Elwell
Wisconsin
1982 – 1983
Jack E. Kiger
Tennessee
1941
Hermann C. Miller
Ohio State
1983 – 1984
Richard W. Metcalf
Nebraska-Lincoln
1941
George E. Bennett
Syracuse
1984 – 1985
David E. Tinius
Seattle
1942 – 1947
James McConahey
Washington
1985 – 1986
Richard J. Murdock
Ohio State
1947 – 1948
Hazen W. Kendrick
Colorado
1986 – 1987
Joe R. Fritzemeyer
Arizona State
1948 – 1949
Thomas M. Dickerson
Case Western Reserve
1987 – 1988
Jan R. Williams
Tennessee
1949 – 1950
William E. Dickerson
Ohio State
1988 – 1989
William R. Welke
Western Michigan
1950 – 1951
Gould L. Harris
New York
1989 – 1990
Donald L. Tang
Portland State
1951 – 1952
John Arch White
Texas
1990 – 1991
Larzette G. Hale
Brigham Young
1952 – 1953
C.C. Staehling
California
1991 – 1992
H. Ronald Pitt
Northern Arizona
1953 – 1954
S.M. Wedeberg
Maryland
1992 – 1993
Howard P. Sanders
South Carolina
1954 – 1955
J.C. Gibson
Wisconsin
1993 – 1994
F. Eugene Butts
Appalachian State
1955 – 1956
A.J. Penz
Alabama
1994 – 1995
Clifford Skousen
Utah State
1956 – 1957
Wayne E. Shroyer
Denver
1995 – 1996
Frederick Richardson
Virginia Tech
1957 – 1958
William B. Jencks
Ohio State
1996 – 1997
Penelope Yunker
Western Illinois
1958 – 1959
Willard E. Stone
Pennsylvania
1997 – 1998
Willard Galliart
Loyola University - Chicago
1959 – 1960
Nolan E. Williams
Arkansas
1998 – 1999
Sam Vitkoski
BDO Seidman, LLP
1960 – 1961
Robert H. Van Voorhis
Louisiana State
1999 – 2000
Bernie Milano
KPMG LLP
1961 – 1962
Herbert E. Miller
Michigan State
2000 – 2001
Diane Pattison
University of San Diego
1962 – 1963
C. Rollin Niswonger
Miami (Ohio)
2001 – 2002
W. Steve Albrecht
Brigham Young University
1963 – 1964
Emerson Henke
Baylor
2002 – 2003
Dennis R. Reigle
Arthur Andersen
1964 – 1965
Julius Roller
Washington
2003 – 2004
T. Sterling Wetzel
Oklahoma State University
1965 – 1966
Vern H. Vincent
West Virginia
2004 – 2005
Donna Street
University of Dayton
1966 – 1967
Wilton T. Anderson
Oklahoma State
2005 – 2006
Karen Pincus
University of Arkansas
1967 – 1968
Leon E. Hay
Indiana
2006 – 2007
Kenneth Bouyer
Ernst & Young LLP
1968 – 1969
Vern E. Odmark
San Diego State
2007 – 2008
Stephanie Bryant
University of South Florida
1969 – 1970
Harvey E. Donley
Bowling Green State
2008 – 2009
Nancy B. Nichols
James Madison University
B ETA ALP HA P S I
2010 Annual Report
45
220 Leigh Farm Road Durham, NC 27707-8110 Phone: 919.402.4044 • FAX: 919.402.4040 • Email:
[email protected] • bap.org Beta Alpha Psi is an affiliate of the American Institute of Certified Public Accountants
10218-331
Beta Alpha Psi
