Today's Accountants, Tomorrow's Executives by cqb96228

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									 New Home of the G.R. Herberger College of Business




Today’s Accountants,
Tomorrow’s Executives
     “Today’s Accountants, Tomorrow’s Executives”
                 It’s more than a motto

                              Several years ago we adopted our departmental motto “Today’s
                              Accountants, Tomorrow’s Executives.” We thought this was a
                              good tag line to describe our program.

                              The more alumni I meet the more I realize that this is more than
                              a motto; it is a fact!

                              Consider this: Of the Top 15 Accounting firms in Minnesota,
                              25% are managed by SCSU accounting alumni!
Dr. Bruce (Harv) Busta, CPA
Chairperson




The number of alumni that we have in top executive positions in private business
and government agencies is really astounding. Here is just a sampling of some
companies that have or had SCSU alumni serving as top executives:

Capital Safety, Inc. - CFO
Dairyland Healthcare Solutions - President
E-Ride Industries - CFO
Graves 601 Hotel - Controller
Leeds Precision Instruments, Inc. - President
Levington Technology - CFO
Salo Executive Search - Founder
State of Minnesota - CIO
Wells Fargo - President
Willington Windows - Controller
Xcel Energy - Controller


There is a world of opportunity before you.

Think Accounting . . . Think CPA

Think G.R. Herberger College of Business at St. Cloud State University


Bruce (Harv) Busta, PhD, CPA(Inactive), CISA
Chairperson and Professor
harv@stcloudstate.edu
320.308.3967
                  Comments from our Alumni

                                Lisa Stark, CPA, CISA, Principal
                                LarsonAllen - Minneapolis

                                1997 SCSU Accounting Graduate




                                “I looked at all the different schools, including the Ivy
                                League, and in the end I concluded that St. Cloud
                                State University was definitely the best overall school
                                because it offered the best value. It has been one of
                                the best decisions I have made in my life.”




                  Angie Soderberg, Staff Auditor
                   Ernst & Young - Minneapolis

              2006 SCSU Accounting Graduate

         "The accounting program at St. Cloud State
 University prepared me for success in my career at
Ernst & Young, one of four global accounting firms in
    the world. The faculty at SCSU were exceptional
   and able to relate class material to their real world
    experience. Even more important, they genuinely
      cared about my success. That kind of personal
attention at a public university significantly exceeded
                                     my expectations."
SCSU Accounting Department
                          Just the Numbers
    Number of Accounting Majors at SCSU:                      Approx. 250


      Accounting is now one of the 10 most popular majors at SCSU


 Percentage of Accounting Majors graduating with
                    Honors:                                        45%

 (This compares to 33% for the entire College of Business)

      Number of full-time Accounting Faculty:                   17 Faculty

          Average Accounting Class Size:                       34 Students

  Average starting salary for Accounting Majors              $45,000 - $50,000

                               Quick Facts
       In Fall of 2007 there were openings for approximately 70
       internships in accounting. About 35 SCSU students were looking
       for internships. Two openings for every student!


       Four of the largest 15 CPA firms in Minnesota are headed by
       SCSU Accounting Graduates.


       At the annual Fall Accounting Club Scholarship Banquet over
       $32,000 of scholarships are awarded.


       The Accounting Faculty were the most highly rated in the 2005
       College of Business “Faculty of the Year” nominations.


       Communication skills (speaking and writing) are the most critical
       skills for an Accounting Major.
               Typical Accounting Major Course Schedule


Freshman Year:

    Fall Semester                             Spring Semester
    General Education - English               Mathematics - College Algebra or Higher
    General Education - Foreign Language      General Education - Political Science
    General Education - Music                 General Education - Computer Science
    General Education - Science               General Education - Geography
    General Education - Science               General Education - Speech
                                              Physical Education (1 credit)

Note: General Education courses are commonly replaced with High School AP courses


Sophomore Year:

    Fall Semester                             Spring Semester
    ACCT 291 - Accounting I                   ACCT 292 - Accounting II
    BCIS 242 - Business Statistics I          ECON 206 - Microeconomics
    ECON 205 - Macroeconomics                 General Education - Science/Math
    MKGB 235 - Legal, Ethical Business        General Education - Humanities
    Environment
    COB 111 - Orientation to the College of   General Education - Humanities
    Business -(1 credit)
    General Education - Philosophy

Note: General Education courses are commonly replaced with High School AP courses


Junior Year:

    Fall Semester                             Spring Semester
    ACCT 380 - Accounting Information         ACCT 382 - Intermediate Accounting II
    Systems I
    ACCT 381 - Intermediate Accounting I      ACCT 390 - Managerial Accounting
    BCIS 340 - Management Information         ACCT 482 - Business Taxation
    Systems
    MGMT 301- Professional Management         FIRE 371- Managerial Finance
    MKTG 320 - Introduction to Marketing      MGMT 383 - Operations Management
            Typical Accounting Major Course Schedule

Senior Year:

               Fall Semester                   Spring          Inter-Session and/or Summer
                                              Semester                   Semester
    ACCT 486 - Financial Auditing           ACCT 444 -      ACCT 480 - Accounting Information
                                            Internship      Systems II
    ACCT Elective - Personal Taxation                       MGMT 495 - Strategic Management
    ACCT Elective - Forensic                                ACCT Elective - Business Law
    Accounting
    ACCT Elective - Internal Auditing                       ACCT Elective - Advanced Accounting
    PHIL 484 - Global Business Ethics




In order to be a CPA an individual needs 150 semester hours (5 years of college). This can be
accomplished by a double major or enrollment in a MBA program.



5th Year - (Assuming enrollment in a MBA program):

               Fall Semester                   Spring Semester             Summer Semester

    MBA 629 - Marketing Management         ACCT 500 - Current           MBA 671 - Financial
                                           Topics in Accounting         Analysis and Control


    MBA 636 - Legal, Ethical and Reg.      ACCT 500 - Accounting        MBA 675 - Multinational
    Environment of Business                Theory                       Business Mgmt.
    MBA 663 - Operations                   MBA 667 - Organizational     600 MBA Elective
    Management                             Behavior
    MBA 634 - IT Management                600 MBA Elective             MBA 670 - Corporate
                                                                        Strategies


The actual semester in which courses are taken will vary. This is only an illustrative schedule.
Two new Doctoral Faculty join the SCSU Accounting Department

          We are very pleased to introduce our two newest Doctoral faculty.




Dr. Bill Brown, Ph.D., CPA, CISA           Dr. Marc McIntosh, DBA, CPA

Dr. Brown has 20 years of professional     Dr. McIntosh is originally from New
business experience. He has held           York and has eight years of Investment
positions as CFO, Controller, Vice         Banking experience at Goldman Sachs.
President and Director of Mergers and      In addition to New York, Marc has
Acquisitions. His background has           worked in Manila, Hong Kong and
included stops at Pillsbury, United        Beijing in various Investment Banking
Healthcare and Department 56.              areas.

Bill will be teaching courses in IT        A Harvard MBA, Professor McIntosh
Auditing for accounting majors and         will use Harvard Business Cases in his
financial accounting.                      financial accounting courses.

Previously, he was named “Duane Orr        Marc has taught numerous accounting,
Teacher of the Year” at Mankato State      finance and international business
and has taught at the University of        courses on a part-time basis for the last
Montana.                                   three years at Argosy University.

We are very pleased to have such a         A highly rated instructor because of his
qualified and gifted instructor teaching   enthusiasm and knowledge, we are
our accounting majors.                     delighted to have him at SCSU.
    Want to hear something really cool?

Check out our “Humble Beginnings” Podcast Series

Our Podcast series interviews SCSU alumni who are top accounting professionals. They
discuss their insights into the key aspects of a successful career. These short 10-15 minute
interviews also ask what advice these veterans have for new accounting professionals.



Here is a sample of some of the Podcasts:

      Mike Roos - Managing Partner of KPMG Minneapolis Office talks about being an
      "impact player" and what skills students should try to develop.

      Lisa Stark - Principal at LarsonAllen Minneapolis Office talks about the CISA
      certification, work-personal life balance and key skills for accounting majors.


Future Podcasts will include:

      Lisa Trimburger - Audit Partner, Delliote and Touche, Chicago Office

      Chris Buse - Chief Information Officer - State of Minnesota

      Laura Pfannenstein - Chief Financial Officer - Brutger Equities, Inc.



To listen, open iTunes, click on iTunes Store, then in the search area type “Humble
Beginnings.” Our Podcast is first on the list of resulting podcasts. Press subscribe . . . It’s that
easy!

OR visit our webpage

http://www.stcloudstate.edu/accounting/HumbleBeginnings.asp
ST. CLOUD STATE UNIVERSITY ACCOUNTING FACULTY


          Bruce Busta (Harv), Ph.D., CPA (inactive), CISA
          Chair of Accounting Department
          Harv@stcloudstate.edu
          Professor Busta has been the department chair for the last five years.
          He teaches IT Audit, accounting for MBA students, and he is an avid
          Nordic skier and cyclist. Last summer he visited the Costa Rican rain
          Forest; this summer he will visit the wilds of North Dakota!



          William C. Brown Ph.D., CPA, CISA
          Associate Professor of Accounting
          WCBrown@stcloudstate.edu
          Professor Brown has 20 years of professional experience. Previously, he
          was also named “Duane Orr Teacher of the Year” at Mankato State and has
          taught at the University of Montana. Bill will be teaching courses in IT
          Auditing for accounting majors and financial accounting.




          Ronald E. Carlson, Ph.D., CPA
          Professor of Accounting
          RCarlson@stcloudstate.edu
          Professor Carlson has 30+ years of collegiate teaching as well as writing
          and presenting accounting and auditing courses for CPA firms and state
          societies. He teaches Intermediate and Advanced Accounting. He is a
         frequent speaker at various accounting and auditing conferences.



          Bruce R. Gaumnitz, Ph.D., CPA, CMA, CIA
          Professor of Accounting
          BGaumnitz@stcloudstate.edu
          Professor Gaumnitz joined the accounting faculty at St. Cloud State
          University in 1996. He teaches financial accounting courses. His diverse
          research interests have led to publications related to auditing, cost
          accounting, financial reporting, governmental accounting, taxation,
          accounting education, and business ethics.




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               Carol B. Gaumnitz, Ph.D., CPA (inactive)
               Professor of Accounting
               CGaumnitz@stcloudstate.edu
               Carol Gaumnitz joined the accounting faculty at St. Cloud State University
               in 2000. Prior to coming to St. Cloud, she was on the faculty at
               Metropolitan State University, Northern Kentucky University, and the
               University of Dayton. She has published articles in several accounting
               Journals with a teaching focus on financial accounting.



               Dennis Gregory, MBA, CPA
               Associate Professor of Accounting
               DLGregory@stcloudstate.edu
               Professor Gregory has been teaching for the last year along with managing
               his consulting business. He teaches Financial Accounting and Analysis. He
               is an avid hiker and runner. Last summer he climbed the highest points in
               Oregon, Idaho, Montana, and Wyoming; this summer he will continue his
               quest of climbing to the highest point in 49 states.




               Scott W. Johnson, JD, LLM, CPA
               Professor of Accounting
               SWJohnson@stcloudstate.edu
               Professor Johnson joined the SCSU faculty in 1987. Beginning in July
               1989, he took over duties as Internship Director for the College of
               Business. He has passed the CPA exam and previously has worked for
               several professional organizations.




               John Lere, Ph.D.
               Professor of Accounting
               JohnLere@stcloudstate.edu
               Professor Lere teaches courses in the area of cost and managerial
               accounting. He enjoys reading and traveling. Last summer he visited the
               Eiffel in both Las Vegas and Paris. This summer he was thrilled to
               celebrate Syttende Mai (17 May-Norwegian Constitution Day) in Bergen,
               Norway.




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                Dr. Marc McIntosh, Ph.D., CPA
                Assistant Professor of Accounting
                MCMcintosch@stcloudstate.edu
                Dr. McIntosh is originally from New York and has eight years of
                Investment Banking experience at Goldman Sachs. In addition to New
                York, Marc has worked in Manila, Hong Kong and Beijing in various
                Investment Banking areas. A graduate of Harvard MBA program, Marc
                will use Harvard Business Cases in his financial accounting courses.




               Kate Mooney, Ph.D., CPA (inactive)
               Professor of Accounting
               Kate@stcloudstate.edu
               Kate Mooney teaches financial accounting. She is chair of the board of
               Lutheran Social Service, the largest not-for-profit social service agency in
               the state. She was appointed by the governor to the Minnesota Board of
               Accountancy, where she chairs the Examination and Credential Committee.
               Kate loves to play golf and watch hockey. She is also a Master Gardener.



               Michael D. Olsberg, CPA
               Professor of Accounting
               MOlsberg@stcloudstate.edu
               Professor Olsberg teachings focus on managerial and financial accounting.
               He has been active in public accounting in the areas of taxation and
               financial reporting. He joined the faculty at SCSU in 1967. Prior to joining
               the faculty at SCSU, he taught high school business and mathematics
               courses for five years in North Dakota.



               Kris Portz, Ph.D., CPA
               Professor of Accounting
               KPortz@stcloudstate.edu
               Professor Portz teaches Accounting Information System. In the fall of 2002,
               she took students to Ingolstadt Germany for a four month study aboard
               program. While in Germany, she taught a class on International Accounting
               to students from 12 countries. She will return to Germany this fall for a visit.
               In her spare time, she likes to play golf, tennis, and run.




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                     David Ripka, MBA, CPA
                     Assistant Professor of Accounting
                     DERipka@stcloudstate.edu
                     Professor Ripka currently teaches Internal Auditing while maintaining
                     an active involvement in the business world. Prior to teaching at
                     SCSU he was the controller at Xcel Energy (Fortune 500 Company)
                     and director of Internal Audit.




               Bradley J. Schwieger, DBA, CPA
               Professor of Accounting
               BradS@stcloudstate.edu
               Professor Schwieger is a G.R.Herberger Distinguished Professor of
               Business and has been Professor of Accounting for 31 years.
               He has coauthored Auditing: A Business Risk Approach which is in its
               6th edition. He is on phased retirement; therefore, he has time for golf,
               tennis, and six grandchildren.




               Cherie Scofield, MS, CPA
               Instructor of Accounting
               CRScofield@stcloudstate.edu
               Cherie is an experienced instructor. She has previously taught at Grand
               Rapids, Brainerd, and Collegeville, as well as a number of years at St. Cloud
               State. Additionally, she has over five years of professional accounting
               experience at two different CPA firms. This year she will be the co-
               coordinator for introductory accounting.




                James A. Smith, DBA, CPA (inactive)
                Professor of Accounting
                JASmith@stcloudstate.edu
                Professor Smith teaches courses in managerial, governmental, and not-for
                profit accounting. He is a member of the Government Finance Officers
                Association, the Minnesota Government Finance Officers Association, the
                Institute of Management Accountants, the American Accounting
                Association, and Beta Gamma Sigma.




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               Joel Strong, Ph.D., CPA
               Professor of Accounting
               JStrong@stcloudstate.edu
               Professor Strong began his career at SCSU in the fall of 1999. He teaches
               Accounting Information Systems and IT Audit. He has published articles in
               Advances in Accounting, The CPA Journal, and the Journal of Accounting,
               Ethics & Public Policy. Professor Strong’s professional experience includes
               work in both public and private accounting.




               Wayne R. Wells, JD, LLM
               Professor of Accounting
               WWells@stcloudstate.edu
               Professor Wells teaches courses in taxation. He has been at SCSU since
               1983, serving as Associate Dean of the College of Business and Interim
               Dean. He has published in journals as The CPA Journal, Journal of Small
               Business Management, and Business and Tax Planning Quarterly. He also
               has taught at the University of the Pacific, and practiced tax law in
               California.




               Thomas Zupanc, JD, LLM
               Professor of Accounting
               TZupanc@stcloudstate.edu
               Professor Zupanc had a general law practice in St. Cloud for 18 years, and
               started teaching at SCSU fall of 2000. He teaches Individual Taxation
               and Corporate Taxation. His pastimes include running, biking, traveling,
               boating, gardening, and beer making.




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