UND Accountancy Excellence

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UND ACCOUN TA NCY

EXCELLENCE beyond the numbers

S T E P PING IN T O T HE F U T UR E Rachel Funkhouser studies data analytics in the MAcc Program

2018 Edition


MESSAGE FROM THE CHAIR I am happy to send you greetings as you read the

I appreciate all that you do to support the department, college

2018 issue of the annual UND Accountancy magazine.

and university. Our success remains a shared success, as it

Throughout this issue you will find examples of the varied

is only through the collective effort of our UND Accountancy

ways our programs generate impact. Like the expanding

community that we continue to deliver outstanding education

ripples made by a pebble cast in a pond, our alumni,

and career development opportunities, generate insights through

recruiters and friends multiply the impact of efforts and

research, and serve our communities in countless ways.

accomplishments that start at UND in Grand Forks. From international internships to career development classes, engaged alumni augment the quality and reach of our programs.

Please continue to help us prepare the next generation of business leaders by visiting us in person and virtually, mentoring students, speaking in classes, participating in events, creating opportunities for internships and full time jobs, and finding

As we incorporate emerging technologies in our programs

new ways to engage with faculty and students. If you have any

and prepare to launch an online Master of Accountancy

questions about opportunities for engagement, please feel free to

program, we are mindful that the digital natives entering our

contact me (Katherine.campbell@und.edu, 701-777-6309) and let

program today will need more than technical competencies.

me know how I can be of service.

The analytic, innovative and inclusive mindsets that business demands depend on personal attributes including purpose, curiosity, work-ethic, collaboration, leadership, integrity, generousity and ingenuity. Through both curricular

I hope to see you at one of our upcoming events. Warm Regards,

and extra-curricular activities, we support students in developing the constellation of skills and attributes that will prepare them for challenges and opportunities that they will face over the course of their lives and careers. Our 2018 Accounting Hall of Fame inductees, Dennis Dahlen, Randy Hatzenbuehler, Karen Thingelstad, and Jerry

Katherine Campbell, Ph.d.

Topp, illustrate the extraordinary qualities that we hope the

Professor and Chair, Department of Accountancy

next generation of UND Accountancy alumni will emulate. I invite you to join us in celebrating their accomplishments and contributions to society.

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UND Accountancy

Kulas Koppenhaver Faculty Endowed Professor


CONTENTS 1 MESSAGE FROM THE CHA IR 3 HAL L OF FA ME 7 T RADITION OF EX CE LLENCE 8 RECRU ITING IMPA CT 9 GL OBAL IMPA CT 12 COMMUNITY IMPACT 15 CURRICULUM IMPACT 18 PROFESS IONA L IMPACT 19 ACADEM IC IMPACT 20 FACULTY IMPA CT 21 AL UMNI IMPA CT 23 ENT REP RE NE URIA L IMPACT 25 EXPERIE NTIA L IMPACT 30 SCHOL A RS HIP RE CIPIENTS

E D I TORIAL MANAG EMENT

F EATURE W RIT ER

D ESI G N ER

C O N T R I B U T I N G P H O T O G R AP H E R

Laura Arneson Kate Menzies Izzy Waite Izzy Waite Dr. Kate Campbell Shawna Schill

Q U E ST IONS OR CO MMENTS External Relations | College of Business & Public Administration 701.777.6937 or dean@business.UND.edu

Excellence 2018 Edition

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UND Accounting

HALL FAME OF

R e c o g n i z i n g i n d i v i d u a l s f o r o u t s t a n d i n g c a re e r accomplishments and ser vice contributions to the De par tm ent of A cco untan cy, th e Universit y of N o r t h D a k o t a , a n d s o ci e t y .

RANDY H AT ZENBUHLER Randy Hatzenbuhler is the President and CEO of the Theodore Roosevelt Medora Foundation. This Foundation is a key player in the development and promotion of Historic Medora as North Dakota’s number one vacation destination. In his role, he oversees 42 year-round full-time employees, which grows to 350 on a seasonal basis, and 600 volunteers annually. Randy’s Bachelor of Business Administration degree in Accounting and experience as a certified public accountant have helped him lead $60 million capital improvement projects for Medora. These projects include the Medora Musical, Bully Pulpit Golf Course, renovation and expansion of the historic Rough Riders Hotel, Life Skills Center, and Elkhorn Quarters. In his 30 year tenure with the Foundation, Randy has worked tirelessly to transform Historic Medora into a vacation destination for more than 4 million people. UND students are among those who benefit from participating in Medora’s world class internship programs. Randy and his wife, Laurie currently reside in Bismarck, ND and enjoy spending time with their two children and three grandchildren. He also continues to promote the value of the Accounting Program. In fact, Randy’s children, Gina and Jordan, received accounting degrees from UND and went on to earn their CPA certifications. “I came to understand that a degree in accounting from UND was highly respected. I am both proud and grateful for that degree,” said Randy.

“I am very grateful for the University of North Dakota, particularly the Accounting Department. Great instructors like DuWayne Walker, Rod Medalen, Stu Lundberg, Pinky Whalen, Don Bostrom and Art Hiltner (to name just a few), made me feel that I could do well and compete for the best jobs available. I came to understand that a degree in Accounting from UND was highly respected. I am both proud and grateful for that degree. I am equally proud that my daughter and son also received accounting degrees from UND, each also earning their CPA certification.” -RANDY HATZENBUHLER 3

UND Accountancy


KAREN THINGELSTAD Karen Thingelstad is the Vice President and Chief Financial Officer at Minnkota Power Cooperative in Grand Forks. Minnkota is a generation and transmission cooperative that provides wholesale electricity to 11 distribution cooperatives in eastern North Dakota and northwestern Minnesota. Collectively, Minnkota manages roughly $1.5 billion in assets and employs approximately 400 people. A powerhouse in her own right, Karen is the first female member of the executive staff in the Cooperative’s 78-year history. After beginning her career at Brady Martz, Karen has risen through the ranks at Minnkota and now oversees a diverse set of departments including finance and accounting, procurement, human resources, safety & physical security, print and mailing services, fleet management and buildings & grounds. Karen holds a Bachelor of Accountancy degree from UND and an Associate’s Degree in Business Administration from Minnesota State University Moorhead. She is also a certified public accountant. Karen attributes much of her success to her education. “Being a graduate of the UND Accounting Program makes me very proud. It definitely got my career off to a good start,” said Karen. Karen is an active member of the community and serves as Altru Foundation board director, a member of the UND CoBPA advisory council, secretary-treasurer of the Minnkota employee Political Action Committee and an active member of Sharon Lutheran Church, including as a member of the Ringers of Faith bell choir. Karen also enjoys spending time with her husband, Todd, three married daughters, one son, and five grandchildren (so far).

“When I was a student at UND, I not only received a good education but the faculty really cared about the students and went the extra mile to help us. Now, when I return to work with the students, it is apparent that culture still exists. You can’t help but feel proud to see that. It was exciting to be a student but it is just as exciting to come back and work with them now! It just makes you smile.”

-KAREN THINGELSTAD

H A LL OF FA ME INDUC TEES 2011:

2012:

Senior Partner, PricewaterhouseCoopers

Retired Chairman of KPMG Baymark, New York City

John C. Berg (Deceased), ’75, ’77

Merlin Dewing (Deceased), ’56, ’58, ’88

Henry Herr, ’68, ’71

Gaylen Ghylin, ’69

Richard J. Peters, ’69, ’76

Mike Hendrickson, ’65, ’67

Darold Rath (Deceased ), ’67

Gerald VandeWalle, ’55, ’58

Retired founding investor of Healthways, Inc. and AmSurg Corp. Retired VP and Regional Controller for Latin America, Cargill Retired CEO, Eide Bailly LLP

Executive Vice President, Tiller Corp. Retired Assurance Partner, Price Waterhouse Chief Justice, North Dakota Supreme Court

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DENNIS E. DAHLEN Dennis E. Dahlen serves as Chief Financial Officer of Mayo Clinic, a $12 billion enterprise that includes clinical practice, research, and medical education operations. Prior to Mayo Clinic, Dennis held the same position at Banner Health, an $8 billion integrated health care delivery system in Phoenix, after serving in several other executive positions. Dennis earned a Bachelor’s degree in Accounting from UND and a Master of Business Administration degree in Finance from Minnesota State University Moorhead. His time at UND opened doors for Dennis both personally and professionally. “My experiences there 35 years ago opened my mind, broadened my perspectives, and motivated me to higher pursuits,” said Dennis. Dennis has served or is currently serving on the boards of invisionAZ, Greater MSP, the Ronald McDonald House Charities of Phoenix, Sonora Quest Laboratories, Spirit in the Desert Retreat Center, University of Arizona Health Plans, MediSun, and the Arizona Chamber of Commerce. Dennis and his wife, Mary, have three daughters. They all bleed UND green. He is excited to further connect with UND and help the next generation of students to come. “I left UND well prepared for the world and I’ve always been grateful that an academic institution of its caliber was so readily available to me,” said Dennis.

“While only 50 miles away from my hometown of Michigan, North Dakota, the University of North Dakota was a world away from the rural agricultural world in which I grew up. My experiences there 35 years ago opened my mind, broadened my perspectives, and motivated me to higher pursuits. Professors whose names I have never forgotten, fellow students with whom I stayed in contact with, and the intensity and fun of the entire UND experience have been with me every day since.” -DENNIS E. DAHLEN

2013:

Shirley Martz (Deceased), ’45

Co-founder of Brady, Martz and Associates, P.C.

Rodney Medalen, ’60, ’65, ’67

UND Associate Professor Emeritus of Accountancy

Robert Watson, ’69, ’72

Retired PricewaterhouseCoopers and CBIZ MHM

2014:

Stanley Hoistad, ’50

Retired Partner and Shareholder, Brady Martz & Associates

Wesley Johnson, ’63 Retired Partner, KPMG

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UND Accountancy

R.K. Mautz (Deceased), ’37

Former partner with Ernst & Whinney (now Ernst & Young)

Carleen Shilling, ’73

Retired Partner, Eide Bailly

Mike Vinyon, ’59

Retired Partner, Deloitte & Touche, LLP

2015:

Wayne Dewald, ’73 Retired Partner, Deloitte

R.D. “Kope” Koppenhaver (Deceased), ’38 Professor of Accounting and Department Chair


JERRY TOPP Jerry Topp is the former Managing Partner and Chief Executive Officer of Eide Bailly, a regional certified public accounting and business advisory firm. Founded in 1917, Eide Bailly is one of the top 25 CPA firms in the nation with 33 offices in 14 states and 270 partners. During his time at Eide Bailly, Jerry oversaw the management and profitability of the firm. He was also responsible for implementing and monitoring actions to achieve the firm’s strategic and long-range plans. Jerry joined Eide Bailly in 1978 and was promoted to partner in 1989. Jerry held a variety of leadership positions at the firm, including Partner-In-Charge of the Fargo office, Chief Operating Officer, and Manageing Partner and Chief Executive Officer. During his time at Eide Bailly, Jerry played a pivotal role in establishing the firm’s consulting practice and Eide Bailly Alliance, a network of small to mid-sized accounting firms. In addition, Jerry was instrumental in the firm’s premier Leadership Training Program. He served as the firm’s Senior Executive Partner from May 1, 2013 until his retirement on April 20, 2015. Jerry holds a Bachelor’s degree in Business Education from Valley City State University. He earned a Master’s degree in Accounting and Business Law from UND. He remembers his experiences at UND fondly. Jerry lives in Fargo, N.D. with his wife, Marie. They enjoy being able to spend time with their two sons and four grandchildren.

“There is no doubt that my time at UND prepared me well for the skills needed and challenges that I encountered in my career. Our firm has a long history of UND graduates being successful professionals and leaders in our firm. I am proud to be part of that tradition.” -JERRY TOPP

Ludwik Kulas (Deceased), ’43, ’51

Sally J. Smith, ’79

Sara Lord, ’98

2017:

Professor of Accounting and Department Chair National Director of Assurance Services, McGladrey

2016:

President and CEO of Buffalo Wild Wings, Inc.

Brent Kukla, ’96

Senior Partner, Ernst & Young LLP

Thomas Clifford (Deceased), ’42, ’48, ’57

Werner Nistler, ’68

Jeff Gendreau, ’90

C.J. Whalen (Deceased), ’51, ’57

UND President and Professor of Accounting

Partner and Regional Attest Practice Leader, Baker Tilly Virchow Krause, LLP

Al Royse, ’72, ’73, ’76

Retired Senior Partner, Deloitte

Founder, Chairman, Shareholder of Touchmark Emeritus Professor of Accounting, University of North Dakota

Nancy Zymslinski, ’80

Retired Management Advisor, U.S. NATO

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UND A CCOUN T ING S T UDE N T S A F FIR M

TRADITION OF EXCELLENCE UND Pass Rates

N AT ION A L

60% 50% Auditing & Attestation

75% 5 5%

UND accounting students affirm the program’s tradition of excellence with the latest pass rates on the CPA exam. The CPA exam was recently revised to focus on higher order skills that are essential for professional success including critical thinking and analytical ability. Launched in April 2017, the exam includes task-based simulations and a written communication section. The North Dakota Board of Accountancy reported the results for UND students and graduates taking the CPA exam as North Dakota candidates during the period July 1, 2017 through December 31, 2017,

Business Environment and Concepts

the first six-month reporting period for the revised exam.

70 % 4 5%

UND accountancy graduates have historically excelled on the CPA

Financial Accounting and Reporting

exam, with pass rates exceeding the national rates. The outstanding performance of UND accountancy students and alumni on the revised CPA exam continues this record and affirms UND’s goal of providing undergraduate education that develops the critical thinking, analytical

6 4% 4 8 % Regulation

reasoning, and written communication skills necessary for successful careers. “UND’s CPA exam results are amazing! The Accounting Department does a great job in preparing students for the CPA exam. The results give me confidence that my professors are helping me prepare for my future,” said Kaycee Fry, sophomore accountancy student. Congratulations to UND students and alumni who recently passed sections of the CPA exam and continue to outperform students across the nation.

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R E CRUI T ING

IMPACT

The Department of Accountancy’s recruiting relationships help students start their careers and find dream jobs.The rigor of the program and the successful track record of its

“Dr. Campbell and the rest of the faculty emphasize CPA prep and that has paid off in dividends,” said Alex. “The Department teaches technical skills but also soft skills that will prepare students for the real world.” With the field of accounting constantly changing, Alex looks for students who are eager to learn and adaptable to change. Landen Berning exhibited these traits, and he will join CBIZ in September 2018.

alumni keep the demand for UND accounting graduates

“Many of the courses in the accountancy degree make

strong. Many alumni also appreciate the opportunities that

students really well-rounded,” said Landen. “The Department

they had as UND accounting students and want to pay it

has done a great job incorporating technology into the

forward by creating opportunities for the next generation.

classrooms, which can help set UND accounting

Some of the Department’s strongest recruiting relationships

students apart.”

have been in place for decades, but new relationships

Landen met Alex on campus and felt that CBIZ’s

continue to develop. CBIZ recruited UND accounting

organizational structure and culture was a great fit for

students on campus for the first time in the fall of

him. “CBIZ has the resources of a national firm, but the

2017. However, the firm already had UND Accountancy

relationships of a smaller firm,” said Landen. “They let

connections. Bob Watson, UND alumnus and Accounting

employees work in audit and tax and then specialize once

Hall of Fame inductee, was instrumental in establishing the

they find their interest.”

initial recruiting relationship. Fellow UND alumnus and CBIZ Tax Senior Alex Kohns quickly joined his effort and stepped

Alumni and recruiting relationships are an invaluable

in to take a leadership role in CBIZ’s UND campus

component of the Department’s success. The Department

recruiting efforts.

looks forward to nurturing existing relationships and building new ones as each generation of UND Accountancy alumni

CBIZ hires students for a variety of positions, including for their CBIZ Career Academy, and the annual Accounting

opens doors for subsequent generations. - Kate Menzies

Career Fair was a natural place to start building a campus presence. “Students are getting pulled into internships and other positions earlier and earlier, so you have to go to campuses and meet them where they are,” said Alex. “It’s fun getting to know students’ personalities and engaging with them,” said Alex. “They might not know much about us or what we do, so establishing that connection is key.” Alex has first-hand knowledge of the value in this connection. “When I was being recruited by firms, CBIZ stood out right away because of their flexibility and learning opportunities,” said Alex. “I got a family feel where I wasn’t going to be just a number.” Now Alex sets out to create this same inviting environment when he meets with students. During his campus visits he is consistently impressed by how the Department prepares students to take the next step in their professional careers.

Alex Kohns, CBIZ Tax Senior Associate

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GLOBAL IMPACT Internship in India

Jacob visiting a wildlife sanctuary near Kochi, India

UND’s Accountancy Program opens doors both domestically

When Jacob initially started his studies in accounting he was

and abroad. Jacob Oleksik, a senior from Williston, North

unsure of whether he wanted to pursue a career in tax or

Dakota, experienced this first-hand through his recent

audit. He ended up finding his niche when he accepted a tax

internship abroad.

internship at Deloitte.

Internships are commonplace in the Accountancy Program, as

“It was crazy how many UND accounting alumni worked

they provide valuable networking connections and practical

at Deloitte,” said Jacob. “I felt at home in the office just by

work experiences for students. Jacob was excited to take

having that connection.”

advantage of these opportunities as he neared the end of his degree.

he also felt prepared to tackle tasks of his internship thanks to

“The Accountancy Program has done a great job with the

the valuable coursework that Jacob completed prior to

roots it has planted with students during the job recruitment

the internship.

process,” said Jacob. “For instance, the Program has well attended career fairs and builds relationships with recruiters throughout the year.”

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While he found a sense of comfort in his new surroundings,

UND Accountancy

“You can tell that the instructors have your back and want you to succeed. I can go to class and get so much out of my


Jacob and co-workers at Deloitte in India

education. I’m not just going through the motions,”

Through this program, Jacob was able to see how company

said Jacob.

culture can transcend national cultural differences. While

When Jacob began his internship at Deloitte he was made aware of an international tax program. Interns were able to apply to study at a Deloitte member firm in India or Australia.

the compliance offices in India were set up differently than those in the U.S., Jacob encountered more similarities than he expected.

Jacob was one of 11 interns selected out of all U.S. Deloitte

“The people I worked with in the Hyderabad office were

offices to study in Hyderabad, India. He was the only intern

friendly, accommodating, fun to be around, and were always

selected from the Minneapolis-based Deloitte office, which

hospitable,” said Jacob.

meant that he was able to form strong relationships with other Deloitte interns from across the country. As part of the ten

In his role, Jacob and his team provided support to the U.S.

week international program, Jacob spent four weeks training

Deloitte offices. This meant that the India offices operated

in the Minneapolis office, four weeks learning compliance

on a U.S. time schedule. Because of the 10.5 hour time

support in Hyderabad, and then two weeks debriefing back

difference, his team would often arrive to work around 11 a.m.

in Minneapolis.

and leave late at night.

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Through this process, Jacob was able to build relationships, as well as cultural competency. In addition, Jacob learned how to overcome communication barriers and cultural nuances in an effort to try to work together to achieve common goals. “In a globalized world, firms are trying to find new ways to connect,” said Jacob. “It was enlightening to see how all the cogs fit in the larger machine. Most interns don’t get that strategic vision.” When he returned from the international tax program, Jacob was offered a full-time tax consultant position at Deloitte. He will begin this position in January 2019 after he graduates in December. Jacob spoke very highly of his experience abroad and encourages students to take advantage of similar opportunities. “All international experiences are valuable ways to give yourself tools to work with others who have diverse backgrounds,” said Jacob. He conveyed that students should not only embrace the technical tasks of an internship abroad, but embrace the cultural experiences as well. “You just have to completely let go and dive right in,” said Jacob. Jacob stressed the value of internships, as they allow students to explore different areas of accounting and find their interest. Jacob is proof that these internships can also lead to future employment opportunities. “It’s so important to start making relationships right away,” said Jacob. “I’d definitely recommend taking advantage of all the career fairs and networking opportunities that the Accountancy Program has to offer.” Jacob is looking forward to starting his job as a tax consultant for Deloitte. He is especially eager for the opportunity and flexibility that the firm offers so he can change and grow over the course of his career. “At Deloitte, people are their biggest asset. I am so

During a trip to North Goa, Jacob befriends a wandering calf

excited to be working for a firm like that,” said Jacob. From the streets of Hyderabad, India, to Grand Forks, North Dakota, the UND Accountancy Program makes an impact. - Kate Menzies

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COMMUNITY IMPACT

The UND Accounting Living and Learning Community expands into West Hall

The UND Accountancy Department creates a strong community

Dr. Robert Mocadlo, faculty advisor of the LLC, served as link

culture through its courses, recruiting fairs, and alumni

between the Department and students living in the LLC. “As

networking events. In the fall 2017 semester, the Department

faculty advisor, I served as a liaison between the Department

expanded this community to West Hall by creating a living and

and Jameson Nogowski, the Residence Life Coordinator for the

learning residence for students. This housing arrangement,

LLC. I also helped to coordinate events between the Department

dubbed the Accounting Living and Learning Community

and the LLC and worked with the resident assistants.�

(LLC), was started by Accountancy Department Chair Dr. Kate Campbell as a way to bring accounting students together to share common academic goals and experiences. Accounting

The LLC forms a strong network of social support for students, some of whom are at the start of their journey at UND.

faculty embraced the LLC by participating in programming organized by residents.

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Accounting students Ryan Smith, Allison Mulroy, and Zofia Barandi enjoy some outdoor studying in the Quad

“The Accounting Living and Learning Community is an

but also the University. As the semester progressed, Mickey

opportunity for students with an interest in accounting to get

described his role as evolving to make sure that residents were

to know and support each other as they begin their studies at

growing in all aspects of their lives, not just academics.

UND,” said Mocadlo. Mickey Anderson, a current Master of Accountancy student,

Dr. Campbell approached Kaycee Fry to serve as the new RA

served as the first Resident Assistant (RA) of the Accounting

for the upcoming spring semester, as Mickey had accepted an

LLC in the fall 2017 semester. He enjoyed being able to meet

internship opportunity in Minneapolis. Kaycee, then a freshman

people who were interested in pursuing the same field.

in the Accountancy Program, was grateful for the opportunity to

“The advantage of living in an LLC is that there are many people

gain valuable leadership skills.

around you who are studying the same thing. This means that

After having the spring RA experience under her belt, Kaycee is

you will probably have many similar classes with these people

looking forward to serving as the RA in the fall 2018 semester.

and will be able to study together,” said Mickey.

Her two semesters in the LLC helped her form many friendships

In his role as RA, Mickey took great care to make sure that new students were able to acclimate to not only the program,

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At the conclusion of the fall semester, Mickey, Dr. Mocadlo, and

UND Accountancy

and she is excited to promote the community’s value.


to complete their taxes and also give back to the community by assisting others. Kaycee worked to provide programming opportunities that contained a balance of both academic and social components. For instance, last semester Kaycee invited UND accountancy professors to come to the LLC and play financial-related board games once a month so that residents could get to know the Department faculty members in a relaxed environment. Relationship-building is a key component of the LLC not just for faculty, but also for peers. Kaycee witnessed many older students mentor first-year students in her time as RA. “It was also nice to have people in the LLC who are studying different majors as well because it’s a good networking opportunity,” said Kaycee. “Some people aren’t going to be living in the LLC next semester, but it is nice that I will be able to potentially see them in classes and remain lifelong friends even if we don’t live together.” For some, living in the LLC helped solidify their decision to become an accountancy major. For others, it was a chance to learn a different field and network with others. As Kaycee put it, “In the best case scenario students have learned new skills and have found friends who they can grow together with. In the worst case scenario students will find out that accounting isn’t for them, but regardless they can still form relationships with students and faculty in the College of Business & Public Administration.” The Accounting LLC is a micro community within UND where connections and career preparations take place. It’s a “I can’t tell you how great it is to have a roommate who is

residence where students can hone in on their passions and

going through the same experience and to form lifelong

gain important industry insights. Lastly, it’s a place for students

friendships,” said Kaycee. “It’s nice to have people who

to form a bond with the UND Accountancy Department that

understand what you are going through, share similar class

stretches beyond the classroom.

schedules, and can help you study. In my position as RA, I’m excited to create a welcoming environment for students in the LLC. I am able to help students get through potentially tough times and transitions, as well as create a fun living arrangement for students.”

The success of the Accounting LLC has inspired an expansion of the residence to become a more inclusive Business LLC. The Department is leading this expansion for the 2018-19 academic year. By introducing pre-business students to the many options available in the College, more students will be able to be

In addition to providing a support system for students, the

integrated into the College’s community as freshmen. While

RA is also responsible for enforcing residence hall policies

much of the accounting programing will continue, other faculty

and hosting LLC programming events. In the spring 2018

and student organizations in the College will also be involved.

semester, Kaycee invited different accounting-related student

Expanding the LLC to all business students will provide the

organizations to come to the LLC and help residents prepare

Department greater outreach in attracting majors, and assist in

for their exams. She also coordinated with the UND Volunteer

building a vibrant college-wide community.

Income Tax Assistance (VITA) program to teach residents how

- Kate Menzies

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CUR RICUL U M

IMPACT

Stepping into the Future of Accounting with Data Analytics In our increasingly interconnected world, technological change is affecting business and society. Businesses and the accounting profession are continuously innovating with the application of emerging technologies including artificial intelligence, robotics, big data analysis, and blockchain. As business leaders, accountants need to embrace new technologies, but many of the skills that made accountants successful in the past will continue to generate value in the future. Accountants have made impacts in organizations by gathering, organizing, and analyzing data used to support strategic decision making. Rapid technological advancement does not change this. While relevant technology skills are vital for professional success, so too are critical thinking, curiosity, problem-solving, and communication skills. To prepare students for a business landscape that is being shaped by rapidly evolving applications of technology, the Department of Accountancy is emphasizing analytical thinking and including more applications of technology in the curriculum. Helping with this effort, UND’s Information Systems faculty joined the Department in the fall of 2017. This addition has bolstered the Department’s expertise and resources in areas of increasing relevance to accounting and business professionals. The Department is actively adding more course options to support the development of advanced skills in information systems and data analysis. Connections between accounting and information systems students are already emerging, and an increasing number of accounting majors are pursuing a minor in Information Systems. At the graduate level, the Master of Business Administration (MBA) and the campus Master of Accountancy (MAcc) program offer students the option of completing a data analytics concentration that includes coursework in economic forecasting and analysis, database design and programming, as well as quantitative analysis for management decisions. Rachel Funkhouser began the Combined Bachelor/Master of Accountancy program last spring, and is currently pursuing the data analytics concentration. Growing up, Rachel loved math and started her education at UND in engineering. While she enjoyed the quantitative aspects of these courses, she realized the types of questions being posed were not the most intriguing for her. Rachel decided to dabble in business courses to see if she could bridge this gap. “After I enrolled in my first accounting course, I was sold,” said Rachel. Rachel then added an Investments major and gained first-hand analytical experience through the Dakota Venture Group (DVG). Through her participation in DVG,

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UND Accountancy


“My data analytics classes have sharpened a different set of skills.” RACHEL FUNKHOUSER

Rachel gained understanding of the relationships between

client or company. My data analytics classes have sharpened

different variables and how changes in the market can affect a

a different set of skills. They have made me more curious in my

business’s bottom line. “This critical thinking mindset helped me

learning and have taught me how to look at situations from all

see a problem, understand the need for a product, and see how

angles.” These competencies will serve Rachel well when she

that product could solve an existing problem,” said Rachel.

begins her position at EY next year as a Risk Advisory

While accounting coursework has provided her with a strong

staff member.

technical foundation, data analytics courses in the MAcc

In a world of rapid technological advancement, it is impossible

program have helped Rachel develop critical thinking skills. “I

to develop a curriculum that will expose students to all of the

believe my data analytics classes have pushed me to understand

technologies that they will encounter in the workplace. Thus,

that in the ‘real world’ the application of my learning isn’t going

the UND accountancy curriculum also prepares students

to be limited to a right/wrong answer,” said Rachel. “I will have

for the future by encouraging curiosity, developing analytic

to look and evaluate decisions to determine what is best for my

mindsets, instilling purpose and integrity, providing opportunities

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“My understanding and ability to work with data has placed me far ahead of my peers.” ANDREW LEIZENS for experiential learning, and developing leadership and

“As a newbie to the wealth management industry, I am unable to

communication skills. These competencies underlie the capacity

make decisions based on decades of professional experience. To

to frame problems and envision potential applications of

make decisions, I must derive information about our customers

emerging technology, and allow professionals to add value as

and competitors. UND helped build a strong foundation of data

the roles of accountants and businesspeople evolve over the

analytics and decision-making,” said Andrew. “I know that my

course of a lifetime.

understanding and ability to work with data has placed me far

UND accountancy alumnus, Andrew Leizens, believes his

ahead of my peers.”

degree, coupled with his experiential learning opportunities,

UND accountancy students and alumni are successfully stepping

including the UND Student Managed Investment Fund, have

into the future of accounting and becoming business leaders

contributed to his career advancement as well as his ability to

in an increasingly technological landscape. Nobody knows

successfully navigate the changing landscape of business. As a

for certain what the future holds, but the UND Accountancy

member of the business consulting group at the Royal Bank of

Department will work to maintain its track record of preparing

Canada Wealth Management, Andrew works directly with senior

students with analytical skills and opportunities to develop

management on initiatives that have company-wide impacts.

personal attributes that are needed to navigate change and step into the forefront of business. - Kate Menzies

Pancratz Professional Closet

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UND Accountancy


P ROF E S SION A L

IMPACT

In the world of business, collaboration is key. The Department of Accountancy and Pancratz Career Development Center demonstrate this concept through synergies that exist in their missions to engage with students, faculty, staff, recruiters, and alumni. This partnership is best demonstrated through a new course designed to build professional skills and relationships that help students navigate the recruitment process. Co-taught by accounting professors, Dr. Robert Mocadlo

Pancratz Director Kathy Lund and accounting student Olivia Geiwitz

and Dr. Mary Loyland (emeritus), as well as Pancratz Director Kathy Lund, the course introduces accounting freshmen and sophomores to a variety of Pancratz services. These services can assist students as they enter the College of Business and Public Administration, throughout their time at the University of North

organizations including Edgewood, Medora, The Royal Bank of

Dakota, and long past graduation.

Canada, and the Office of the Comptroller of the Currency (OCC)

The Pancratz has provided a unique onboarding opportunity

also took part in the course.

for accounting students in this course by establishing peer

This class lays the foundation for students to form important

mentoring relationships. Students in the class are paired with an

relationships with both the Accountancy Department and the

upper-level accounting student to learn about recruiting, how to

Pancratz Center. As students progress through their programs

get involved in student organizations and in the community, and

of study, they can be sure to take advantage of a variety of

much more.

services the Pancratz has to offer including: resume review, job

In addition to forming relationships with their peers, students

and internship search guidance, interview practice, career fair

are exposed to valuable career preparation tools, such as

preparation, and mentoring relationships with alumni.

virtual interviewing. Within the course, all students are required

The Center recently created an additional way to assist students

to complete a virtual practice interview and review it with a

through the Pancratz Professional Closet, an initiative that

Pancratz staff member. This is especially relevant in today’s

recognizes the importance of making a great first impression by

recruiting environment where many interviews are conducted

helping students find appropriate professional attire for career

virtually. Practice sessions help students build strong verbal and

fairs and networking events. Alumni have generously donated

nonverbal communication skills, while also enabling them critique

business clothing, resulting in a growing inventory of professional

their interview performances.

attire that will be available to students at no cost beginning in the

Students are able to discover their unique personal attributes

fall of 2018.

in the course through Clifton Strengths. Students take this

After students graduate from the accounting program, their

assessment by Gallup in order to discover their talent themes.

relationship with both the Department and the Pancratz Center

The assessment is discussed in class to foster students’

endures. Alumni continually demonstrate their commitment to

understanding about leveraging personal strengths. The tool

the College by their willingness to assist current students. Alumni

also helps students become strong team members by becoming

engage with students and the Department in a host of ways,

aware of the talents of those around them.

such as through establishing recruiting relationships, participating

Lastly, students are exposed to an array of employers both

in classroom and fieldtrip visits, attending UND and College

virtually and in the classroom. Through employer visits, students are able to learn about internship and career opportunities at firms such as EY, PwC, Baker Tilly, and Copeland Buhl. Other

events, teaching classes, serving as Pancratz Center mentors, and providing funding. - Kate Menzies

Building on the longstanding relationships between Accountancy faculty and employers, the Pancratz Center and the Department hope to continually enhance recruitment experiences and Excellence 2018 Edition success for both students and employers. The shared

18


ACADEMIC IMPACT Master of Accountancy Program UND’s Accountancy Department has a long

“We wanted to provide a streamlined path for

tradition of excellence. With competitive CPA pass

students to advance their educations with a

rates and job placements, rigorous academic

graduate degree while obtaining the 150 credit

coursework, and strong alumni relationships, the

hours required for the CPA exam,” said Dr.

Department has made a name for itself in the

Katherine Campbell, Accountancy Department

landscape of higher education. In the spring of

Chair. “The graduate program will challenge

2017, the Department placed a strong focus on

students to think analytically and strategically in

graduate education and reinstated the Master of

ways that will prepare them for the CPA exam and

Accountancy (MAcc) Program.

successful professional careers.”

With a legacy dating back to 1937, the campus

The campus MAcc Program has already become

MAcc Program focuses on a well-rounded

a very successful addition to the Department’s

curriculum that is not restricted to accounting

offerings for both students and faculty. Because of

subjects. In fact, students are exposed to

this, the Department has decided to offer the MAcc

coursework in ethics, executive skills, and business

program to through a new online delivery method.

intelligence to name a few. In addition to core

In order to seamlessly deliver the MAcc curriculum

coursework, students have the opportunity to

to online students, the Department will be working

tailor their learning experiences through one of

with Pearson, an experienced leader in providing

three designated concentrations in data analytics,

support for online academic programs. The

organizations and leadership, and

Pearson organization will assist the Department

public administration. The program also allows undergraduate students to pursue their master’s degree concurrently

by providing a variety of services including marketing, instructional design expertise, and technology support.

with their bachelor’s through accelerated and

“The online MAcc Program will allow the

combined program options. Both of these options

Accountancy Department to raise its profile to

allow students to dual count graduate coursework

a national level,” said Dr. Campbell. “We want

towards their undergraduate degrees and complete

students across the country to recognize the

both their master’s and bachelor’s degrees at an

quality education that we provide thanks to our

expedited pace.

dedicated faculty, cutting edge research, alumni, and professional connections.”

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UND Accountancy


FACULTY IMPACT The Information Systems faculty formally joined the Department of Accountancy in 2017-18. Dr. Assion Lawson-Body and Dr. Yanjun Zuo have now moved into the Department’s office suite. Faculty in both disciplines are excited about the opportunities that this provides for curriculum and research innovation as business intelligence, systems, and business analytics are of increasing relevance for business and our academic programs. The Department hired Giuseppe Fonte, MBA/CPA as an instructor. Giuseppe was an audit manager at Arthur Andersen and had a successful entrepreneurial career in venture capital and real estate development. He previously taught at the University of Arizona and Ithaca College. In addition to his classroom efforts, Giuseppe quickly became an active participant in Department events, as he coached student teams in the PwC Challenge Competition and the Red River Case Competition. Dr. Dee Ann Ellingson has taken on the role of Accountancy Internship Director. She has taken the lead in formalizing elements of our Program, The online MAcc Program will offer students two

improving our data collection, and integrating graduate (MAcc) and

track options. The fundamentals track is designed

Information Systems internships into the Department’s internship program.

for students who want to advance their careers in accounting and/or pursue the CPA designation,

Dr. Matt Notbohm has been elected to the leadership team of the Midwest

but may have earned undergraduate degrees in

Regional Meeting of the American Accounting Association, He also has been

areas other than accounting. The practitioner track

appointed MAcc Program Director. In addition, he published two journal

is intended for students who have an accounting

articles: “Management’s Personal Ideology and Financial Reporting Quality”

background and wish to expand their knowledge

in the Review of Quantitative Finance and Accounting with co-authors Kate

through graduate coursework. The new online

Campbell (UND), Tianming Zhang (Florida State University) and Adam

MAcc Program will launch in the spring

Smedema (University of Wisconsin-Madison), and “The Audit Market Effects

2019 semester.

of Disputing a GAAP-Deficient-PCAOB Inspection Report” in Advances in Accounting with co-authors Bill Buslepp (Louisiana State University) and

Both the campus and online MAcc Program

Larry Abbott (University of Wisconsin-Milwaukee).

options will increase students’ marketability in an increasingly competitive landscape. The program’s

National Awards: UND Accountancy faculty earned national recognition,

focus on critical thinking, communication,

receiving awards from two sections of the American Accounting Association:

and professional development pairs well with employment opportunities in both the public and private sectors across industries.

Dr. Kate Campbell and co-author Dr. Duane Helleloid (UND) received the 2017 Outstanding Instructional Contribution Award presented by the Teaching, Learning, and Curriculum section of the American Accounting

Regardless of delivery method, the new MAcc

Association. This award recognizes excellence in the development of original

Program strives to help students develop

instructional materials.

excellence beyond the numbers, for which UND’s MAcc graduates throughout the decades are well known.

Dr. Bob Mocadlo received the 2017 Outstanding Dissertation Award presented by the Accounting Behavior and Organizations section of the American Accounting Association. This national award recognizes

- Kate Menzies

outstanding dissertation research in a behavioral/organizations topic. Among the criteria for the selection of this award are the relevance and originality of the research question and the potential for results to have practical implications for accounting practice. To our knowledge, this is the first time that a UND faculty member has been recognized with an AAA dissertation award.

Excellence 2018 Edition

20


ALUMNI IMPACT

Laura Block Joins Accountancy Faculty Laura Block’s journey with the Accountancy Department and UND has come full circle. With a wealth of professional experience under her belt, Laura returned to the Department as an adjunct faculty member last fall. When Laura graduated from the Accountancy Program in 1981, she dreamed of being able to one day make a difference for her alma mater. After serving in various financial, tax, and planning positions, Laura was able to make that dream a reality by becoming the CFO of UND’s Alumni Association Foundation. In this role, she became involved with scholarships, philanthropy efforts, state budgets, and facilities at the University. She loved being able to work with representatives across campus to enhance opportunities for students, staff, faculty, alumni, and friends of UND. In February, Laura decided to make a change and accept the position of Associate Dean for Administration and Finance and Chief Financial and Operating Officer at the UND School of Medicine and Health Sciences (SMHS). Through this position, Laura is able to examine the healthcare needs in the region and beyond, as well as find ways to strategically lead fiscal initiatives which align with the School’s mission.

21

UND Accountancy


“The Accountancy Department cares and takes the time to help students become successful.” LAURA BLOCK While Laura hasn’t held this new position long, she has enjoyed being able to be involved with a different side of campus. “The SMHS is such a strong pillar of entrepreneurial thinking on campus. I’m excited to be able to see how the School can have regional, state, and national impact,” said Laura. Laura attributes her ability to successfully navigate these employment opportunities to her UND accountancy degree. “The versatility of the degree can take and drive you into so many locations,” said Laura. “Accounting can help you chart your life journey beyond investment management, financial planning, public accounting, and tax. In fact, accounting can be a springboard into many fields. Accounting helps you understand how numbers can drive a business, regardless of industry.” As a proud alumnae of the Accountancy Department, Laura is quick to promote the value of accounting coursework to others. “The Department really has its finger on the pulse of what’s needed in graduates today,” said Laura. In the fall 2017 and spring 2018 semesters, Laura was able to return to the Department to teach the graduate-level ACCT 502 Financial Reporting and Decision Making course. Master of Business Administration and Master of Accountancy students are eligible to take this course, which lays a base for students to learn about financial reporting through interactive learning. “We have such great students,” said Laura. “I’ve been impressed with the caliber of students and how open they are to new experiences and collaborations. This speaks volumes for the programs.” Laura’s experience in the classroom has reaffirmed her love for the Department, College, and campus. “I see that students want to interact, challenge, and think differently. They are also articulate, tech savvy, and are willing to adapt to different applications.” These traits will help future UND alumni from all backgrounds and industries succeed in their chosen fields. In addition, Laura hopes that students will use these skills to think strategically and affect positive change in their organizations through the use of metrics and accountability. In today’s evolving marketplace, Laura is confident that UND accounting alumni will be able to come out on top thanks to the ways in which the Department has prepared them. “The Accountancy Department cares and takes the time to help students become successful,” said Laura. “The amount of support from faculty and staff really shines through in these wonderful students.” - Kate Menzies

Excellence 2018 Edition

22


WERNER NISTLER ACCEPTS HIS AWARD AT EY GALA AT THE WESTIN SEATTLE Photo provided courtesy of Kevin Lisota

23

UND Accountancy


ENTREPRENEURIAL IMPACT Werner G. Nistler, Jr., UND Accountancy alumnus and Beach, N.D. native, has been recognized with the EY Entrepreneur Of The Year® 2018 Award in the Lifetime Entrepreneur category for the Pacific Northwest region.

This award recognizes entrepreneurs who are excelling in

UND there, along with my wife Colleen and family, made the

areas such as innovation, financial performance and personal

evening even more special.”

commitment to their businesses and communities. Nistler was selected by an independent panel of judges, and the award was presented at a gala event at the Westin Seattle on June 15, 2018. “I am honored to receive this recognition, and I would like to share it with the team members of Touchmark, who I have worked with so closely over the past several decades,” says Nistler. “Over my career, I have developed a number of businesses, and the one closest to my heart is Touchmark, because it is dedicated to providing the best in hospitality and services to older adults.”

Nistler also shared a message to current UND students. “You are attending a great university and one that you will look back on during your career and hopefully be as grateful as I am for the excellent education UND provides.” Nistler’s business acumen, personal values, visionary leadership and entrepreneurial accomplishments made him a strong candidate. Since 1986, EY has honored entrepreneurs whose ingenuity, spirit of innovation and discipline have driven their companies’ success, transformed their industries and made

Nistler has served as Chairman of Touchmark since he founded the

a positive impact on their communities. Now in its 32nd year,

company in 1980. For 35 years, he also served as CEO. Touchmark

the program has honored the inspirational leadership of such

provides Gold Standard hospitality in full-service retirement

entrepreneurs as:

communities, which it develops, builds and operates. Nistler’s vision to approach senior living through the lens of hospitality is the key to Touchmark’s success. Visiting a Touchmark community

• Howard Schultz of Starbucks Corporation • Pierre Omidyar of eBay, Inc.

immediately makes it clear Nistler has rethought the proposition

• Jodi Berg of Vitamix

of retirement. Currently, Touchmark’s 13 communities are located

• Robert Unanue of Goya Foods

in nine states and Alberta, Canada, including two in North Dakota: Bismarck and Fargo. The newest, Touchmark in the West Hills,

• Reid Hoffman and Jeff Weiner of LinkedIn

opened in June 2018 in Portland, Oregon. Touchmark at The

• Andreas Bechtolsheim and Jayshree Ullal of Arista Networks

Ranch, a new community in Prescott, Arizona, will be completed

• Hamdi Ulukaya of Chobani

by the end of 2018. Entrepreneur Of The Year, founded by EY, is the world’s most prestigious business awards program for entrepreneurs. Nistler’s nomination for this award illustrates the strong and far-reaching

• James Park of Fitbit • J.W. “Bill” Marriott, Jr. of Marriott International, Inc. • Lonnie Moulder and Mary Lynne Hedley, PhD, of TESARO, Inc.

bonds of the UND accountancy community. EY partner and UND

As an award winner from the Pacific Northwest region, Nistler

Accountancy alumnus Brent Kukla brought the EY Entrepreneur

is now eligible for consideration for the Entrepreneur Of The

of the Year program to the attention of Accountancy Department

Year 2018 National Awards. Award winners in several national

Chair Kate Campbell, who then nominated Nistler for the award.

categories, as well as the Entrepreneur Of The Year National

“I want to thank Brent for highlighting this opportunity, and I especially want to thank Kate for nominating me for the EY award and attending the awards gala in Seattle in June,” says Nistler. “I also want to thank Rodney Medalen for attending the gala. Rodney was one of the first Accounting professors at UND who helped develop my accounting foundation for all of my businesses. Having

Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 10, 2018. The awards are the culminating event of the Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies. UND congratulates Nistler on this well-deserved recognition.

Excellence 2018 Edition

24


EXPERIENTIAL IMPACT

Ron Johnson, President of Haldeman-Homme, Inc.

The UND accountancy spring field trip to Minneapolis is a long-

Each visit gave students the opportunity to learn about the

standing signature event for accounting students. Students

individual firm, its business model and organizational culture,

participating in the annual trip visit firms that recruit UND

career opportunities, and emerging issues in the field. In

students, learn about opportunities for internships and full-time

addition, students were able to form valuable relationships with

positions, network with alumni and recruiters, and reinforce

professionals from the firms. The annual social on Thursday

relationships with peers and faculty. The trip is organized

evening reinforced these networking opportunities, as students

through collaborations between the UND Accounting Club,

met with a broader group of UND accountancy and CoBPA

the Accountancy Department, alumni, and firms. Every year

alumni, recruiters, and friends of the Department.

students return from the trip with new professional connections and enthusiasm for their major.

Allison Mulroy, a junior majoring in Accountancy and minoring in Information Systems enjoyed being a part of this year’s trip.

This spring’s field trip was generously hosted by seven public

“The accounting field trip was awesome! The trip provided

accounting firms: Baker Tilly, CBIZ, Clifton Larson Allen,

so much insight into the world of public accounting, the

Copeland Buhl, Deloitte, EY, and PwC, as well as Haldeman

employees at the firms, and the culture at the firms. Also, it was

Homme, an outstanding employee-owned company. Firms

exciting and motivating to think that in just a few short years we

brought unique approaches to the visits, including Whirly Ball

could be in their shoes working as CPA’s.” said Allison.

with Copeland Buhl, touring facilities and meeting with the President at Haldeman Homme, solving math brain teasers at EY, and brainstorming about the ideal firm at Baker Tilly, to name a few.

25

UND alumni share experiences working for PwC

UND Accountancy

Noah Holter, a junior majoring in Accountancy and Operations & Supply Chain Management, experienced the trip for the first time this year and found it to be so valuable that he may consider joining the spring 2019 field trip.


FIELD TRIPS

Kate Campbell chats with Cathy Clarke, CLA’s Chief Assurance Officer

“Deciding to participate in the accounting field trip was

at outstanding firms in North Dakota that compete on

an extremely beneficial decision. It enabled me to form

national and international levels. Highlights of the field trip

connections with professors, friends, and professionals in the

were opportunities for students to personally interact with

accounting industry. Learning about the featured businesses

professionals, executives, and UND accounting alumni

and finding out about their culture is important when

including Dave Stende, Managing Partner/CEO of Eide Bailly,

considering my future career plans. And, with all this, I still had

and Kevin Moug, CFO of Otter Tail Corporation.

a lot of fun! I would definitely recommend doing the field trip and might even do it again,” said Noah.

Kathy Lund, Director of the Pancratz Career Development Center, found the Fargo field trip to be an excellent addition

Students, faculty, and alumni have the opportunity to conclude

to the opportunities provided for accounting students. “I think

the spring field trip by attending a Friday night Minnesota Twins

students who attended came back with a strong sense that

game. Even this event has a UND connection, as alumnus Dave

they could find exciting roles in public and private accounting

St. Peter, President and CEO of the Minnesota Twins, helps

in North Dakota. Trips like this expand the understanding of

make sure that a block of tickets is available to the group.

what our region has offer for new professionals,” said Kathy.

The positive impact of the spring field trips to Minneapolis inspired the first field trip to Fargo this past October. The inaugural fall trip included visits to Eide Bailly, Otter Tail Corporation, the Microsoft campus, and Microsoft vendor Archway. The field trip maintained the spirit and purpose of

“In addition to meeting recruiters, one of the most beneficial outcomes is the connection formed between students and accounting alumni. Alumni are incredible resources for students as they’re learning to navigate the recruiting process and discovering more about each firm.”

the Minneapolis visit; however, it showcased opportunities

Excellence 2018 Edition

26


Thanks to the support of many UND accountancy alumni and friends, the first fall field trip to Fargo was a great success and planning for a 2018 fall field trip is currently underway. The trips would not be possible without the UND accountancy community, which transcends generations and geography. The success of the accountancy field trips depends on support and engagement from a broad set of stakeholders. Alumni and recruiters at firms are generous with their time and talent, hosting and engaging students in ever more creative and fascinating ways. Students involved in the Accounting Club and Beta Alpha Psi work diligently to recruit participants, plan the itinerary, and secure funding. Accountancy Department faculty help to coordinate with firms, plan logistics, prepare students, and participate in the trip. Kathy Lund and the Pancratz Career Development Center support the students and the field trip in many ways including working with students to perfect resumes and develop networking skills. Marsha Oss, the Department of Accountancy Administrative Assistant, works wonders in navigating UND’s administrative requirements and processes. Financial support for the trips comes from multiple sources including firms, student organizations, alumni, College fees, and participating students. The field trips are both a result of the relationships that underlie our community and are one of the ways new groups

Remington Zacher of Deloite, an expert in international tax and Jenga

of students are integrated into our community each year. The Department looks forward to next year’s fieldtrips and the many opportunities that the UND accountancy community continues to create for the next generation of students. - Kate Menzies

YEAR IN REVIEW PHOTO CAPTION. A. Enrique Balderas and Serena Dunn at Templeton Ethics Case Competition at Stetson University B. Kate Campbell and Kim Woods with alum and foundation reps at Bismarck Alumni Event C. Members of PwC Challenge Team at PwC Office. Farruzah Hutchison, Noah Holter, Paige Amann at PwC Office with Libby Rabon and Maddie Smith

D. VITA Student Program Coordinator, Tyson Libby. E. Accounting Club Bowling with alumni, recruiters, faculty and students F. Accounting majors Stephen Grazier, Rebecca Hackenmueller, Atle Johansen, Emma Johnson at Spring 2018 Graduation

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UND Accountancy


YEAR IN REVIEW A

C E

B D F Excellence 2018 Edition

28


E MP O W E R

LEADERS

In partnership with the UND Alumni Association & Foundation, the University of North Dakota College of Business & Public Administration is embarking on a $70 million campaign to create a state-of-the-art building for our students, faculty and staff.

Help bring the world to our students and our students to the world. Contact: Kim Woods, ’82 Associate VP, Senior Director of Development 701.777.4106 | kimw@UNDfoundation.org

29

UND Accountancy

“The UND Accounting program has done exactly what it should do to prepare our students for the workforce. Now it’s time to match the quality of our building with our excellent reputation.” KATE CAMPBELL CHAIR, PROFESSOR OF ACCOUNTANCY


2 017-2 018 A CCOUN TA NCY

SCHOLARSHIP RECIPIENTS Al P. Swanson

Ernest Lindstrom

North Dakota Society of CPAs Foundation

Zachary Plante

Danielle Call

Alumni Excellence in Accounting

Herr Family

Sasilak Suriwong

Erika McDonald Kailey Wirtanen Mason Crowley Ryan Walstad Sam Erickson Sierra Serhienko Stephen Grazier

Kolton Aubol Deanne Bjornson Yubin Chen Rachel Funkhouser Emma Johnson Mckinzie Molde John Robideaux

Audrey E. Stoltz Matthew Knutson

August and Mary Rudolph Yubin Chen

Baker Tilly Zsofia Barandi Mason Crowley

Bob & Joan Bender Atle Johansen

Brady Martz Trevor Ferguson Joseph Pastir Dayna Rothenbacher

CJ & Kathleen Whalen

PricewaterhouseCoopers

Holly Anderson Steven Meader

Randi Julson Matthew Knutson Erika McDonald Tanner Palmborg

Jerry & Marie Topp Family

Remington Zacher

James B. and Phyllis Carlson Memorial

Gabriel Sandy

John C. Berg Memorial Michael Anderson Maria Sears

KPMG

Clifford Anderson

Rachel Funkhouser Rebecca Hackenmueller Japheth Nelson Kailey Wirtanen

Deloitte Rebecca Birdsell Matthew Hart Dylan Hughes Daniel Iverson Nicole Korsmo McKinzie Molde Peter Simon Reid Taubenheim

Diana & Harold Randall Family Randi Julson

Donald Bertheuson Memorial

Accounting Excellence Emerging Leaders

Richard J. Peters Hannah Hasbargen Zsofia Barandi

Rick & Lori Lee Kadyn Limesand

Robert and Cassie Brostrom Jessica Risch

Rodney Medalen Randi Julson

Lee Rensch

RSM Accounting Scholarship

Japheth Nelson

Leonard & Carmel Cherlet Austin Deshaw

Lori & Mike Hendrickson

Hunter Praska Jace Dukart

Stan and Dorothy Hoistad Emma Johnson

Enrique Balderas

Stuart Lundberg Memorial

Louie Kulas

James Reber Japheth Nelson

Michael Anderson Peter Simon

DuWayne Wacker Memorial

Mary and Art Loyland

John Simonson

Paige Vetter

Eide Bailly

Meinhardt “Mike� Bader Memorial

Hannah Hasbargen MaKayla Kohler Gabriel Sandy

Rachel Funkhouser

Jessica Risch

Dylan Hughes

MaKayla Kohler

Paul Butler

Eldon H. Reinke Memorial

Tyson Libby

Iver T. & Margaret E. Strande Family

Dylan Foley Joseph Pastir Reid Taubenheim

Ochoco Lumber/Bruce Daucsavage

Terri & Todd Zimmerman Family Rebecca Hackenmueller

$135, 295 Awarded in Scholarships

Mike & Lori Hendrickson Morgan Dahlke

Niles Family Dylan Hughes

Excellence 2018 Edition

30


Non-Profit Org. U.S. Postage PAID Permit No. 10 Grand Forks, ND

Department of Accountancy Gamble Hall, Room 220 293 Centennial Drive Stop 8097 Grand Forks, ND 58202-8097 ADDRESS SERVICE REQUESTED

CALENDAR OF FALL EVENTS October

September

Accounting Career Fair

September 19

Beta Alpha Psi Banquet

Sioux Awards Banquet

September 20

CoBPA Scholarship Luncheon

Accounting Hall of Fame

September 21

November

CoBPA Alumni & Friends Social

September 21

E @UNDbiz D @www.linkedin.com/groups/263 C @UNDCoBPA

October 8

Olafson Ethics Symposium

Visit us at business.UND.edu to learn more about upcoming events!

October 8

November 8


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