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...

Event Date: October 21, 2014, 2 pm ETKristen Rampe will share how to speak and write more effectively by understanding your own and your audience’s communication style. When two people have very different communication...
Majority of House of Representatives urges leadership to preserve cash method of accounting for tax purposesA bipartisan majority of the House of Representatives – 233 members – has signed a letter urging House...
Tax friendly trusts swell under new rulesUS companies are latching onto an obscure real estate provision to avoid corporate taxes, widely adopting a financial maneuver that has been expanded under the Obama administration,...

Already a member? log in here.

Upcoming CPE Webinars

Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 21
Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.