PCAOB's 2012-2013 Academic Year Scholarship Program

By Terri Eyden

 
The Public Company Accounting Oversight Board (PCAOB) has announced the colleges and universities that will be participating in the PCAOB's scholarship program for the 2012‒2013 academic year. This is the second year the board has granted scholarships. 
 
Forty-three merit-based scholarships of $10,000 each are to be awarded by the PCAOB. 
 
"I am pleased that this scholarship program allows the PCAOB and the academic community to work together to encourage the best and the brightest students to choose auditing as a career path," said PCAOB Chairman James R. Doty.
 
The Sarbanes-Oxley Act of 2002 provides that funds generated from the collection of monetary penalties imposed by the PCAOB are to be used to fund a merit scholarship program for students in accredited accounting degree programs. The PCAOB Scholarship Program was created to identify eligible students for scholarships and award funds through the students' educational institutions. 
 
Students who are enrolled in an accounting degree program at an accredited participating, nominating institution are eligible for a PCAOB scholarship. Students of a PCAOB employee or a child or spouse of a PCAOB employee, however, are not eligible. 
 
To qualify, students must: 
  • Be enrolled in a bachelor's or master's degree program in accounting. 
  • Demonstrate interest and aptitude in accounting and auditing.
  • Demonstrate high ethical standards.

Scholarships for Accounting Students

AccountingWEB has compiled a list of scholarship opportunities for accounting students. Click on the links in the listing for more information on the various programs. If you would like to have your organization's scholarship information included, please e-mail information to editor@sift-media.com.

 
While the PCAOB scholarship program is merit-based, educational institutions are encouraged to give consideration to students from populations that have been historically underrepresented in the accounting profession. 
 
The Forty-Three 2012‒2013 Academic Year Scholarship Recipient Academic Institutions: 
  • Arizona State University
  • Auburn University
  • Bentley University
  • Bowling Green State University
  • Colorado Technical University
  • DeVry University-Midtown Manhattan
  • Fairleigh Dickinson University-Fordham
  • Florida International University
  • Gonzaga University
  • Grand Valley State University
  • Illinois State University
  • James Madison University
  • McNeese State University
  • Miami University-Oxford
  • Northeastern University
  • Ohio State University
  • Rider University
  • Rutgers University-Newark
  • Saint John's University
  • Saint Leo University
  • San Diego State University
  • Southern Methodist University
  • SUNY at Albany
  • Texas A and M University
  • Universidad Metropolitana
  • University of Houston
  • University of Kansas
  • University of Massachusetts-Amherst
  • University of Minnesota-Duluth
  • University of Missouri-Kansas City
  • University of Nebraska-Lincoln
  • University of North Carolina-Chapel Hill
  • University of Phoenix
  • University of South Florida
  • University of Southern Indiana
  • University of Tennessee-Knoxville
  • University of Toledo
  • University of Washington
  • University of Wisconsin-Superior
  • University of Wisconsin-Whitewater
  • Villanova University
  • Wake Forest University
  • Winona State University
 
You can find a description of the PCAOB scholarship program, along with information on the nomination process, the selection of nominating institutions, and other program details on the PCAOB website.
 
Related articles:

You may like these other stories...

In need of CPE credits? Well, if you are an enrolled agent or CPA, you could earn as much as 18 credits by attending one of five IRS Nationwide Tax Forums this summer.The IRS Nationwide Tax Forums are three-day events that...
Russia races to dodge sanctions by adapting law to FATCARussia is in a race against the clock to adapt its laws to the Foreign Account Tax Compliance Act (FATCA) and save its banks from financial sanctions, Peter Hobson of...
Event Date: May 15, 2014, 1 pm ETThis presentation will review basic concepts of the FRF for SMEs and discuss the presentation of a statement of financial position. This webcast will focus on accounting policies for certain...

Upcoming CPE Webinars

Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.
May 1
This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.
May 14
Save your relationship in those few situations where your performance falls far from perfect. It’s easy to want to brush service failures under the rug, hope no one notices and assume that somehow everything will be all right. In this workshop, Kristen Rampe, CPA will give you the tools to strengthen your professionalism in the face of the worst-case-scenario. Don’t let experience be your only teacher on these topics!