Students take top honors in Deloitte national tax competition

At a time when the future talent shortage within the tax profession is an issue of critical concern, the sixth annual Deloitte Tax Case Study National Competition put the spotlight on the skills of future tax professionals who will fill the pipeline and help to solve the tax challenges of the future. At the Deloitte Foundation's national competition awards ceremony held yesterday in Orlando, the University of Denver took top honors in the Graduate Division, and Brigham Young University in the Undergraduate Division.

"Every team competing in the finals made us proud to again host this competition," said Shaun Budnik, president of the Deloitte Foundation. "Each of the national teams participating offered insightful responses to the complex case study and earned our confidence about the caliber of professionals that will be working within our industry in the future."

As the first place winners, Brigham Young University and the University of Denver will each receive a $10,000 award. Individual team members will each receive a $1,000 scholarship. In addition, Brigham Young University is heading home with second place honors in the Graduate Division. The College of William & Mary was awarded second place in the Undergraduate Division. These teams will each receive $500 per student and $5,000 per school.

Teams not placing first or second in their respective division will receive national finalist awards. National finalists from each division included:

  • Graduate Division: Georgia State University, University of Southern California, Utah State University, and the College of William and Mary

  • Undergraduate Division: University of Denver, The Ohio State University, University of Southern California, and the University of Wisconsin - Madison

    Each of these national finalists will receive a $250 award for each student and $2,500 for each school.

    "Not only did each team compete at a very high level, but these tax students cracked the code - the tax code, that is - of the real-world, complex tax problems we presented to them," said Chet Wood, chairman and chief executive officer of Deloitte Tax LLP. "At Deloitte, we are committed to helping develop the next generation of tax professionals. These students have proven that they are future leaders of our profession."

    "This interscholastic competition brings out the best tax talent in colleges and universities from across the country. It is gratifying to see the spirit of competition, the teamwork, and the students' tax knowledge and problem-solving skills at work," said Budnik. "On behalf of Deloitte, we congratulate the University of Denver and Brigham Young University, along with each national finalist team. They all should be very proud of their accomplishments."

    About the Deloitte Foundation

    The Deloitte Foundation is a not-for-profit organization that supports teaching, research, and curriculum innovation in accounting, business, and related fields within the U.S. The Foundation, founded in 1928, supports an array of national programs, which are relevant to a variety of professional services, and which benefit undergraduates, graduate students, and faculty. For more information, please visit the Deloitte Foundation web page at http://www.deloitte.com/us/df.

    Bloggers crew

    Steve Knowles has spent 25 years in business and practice in the UK, but he also worked in the states and the years haven't dulled his way of seeing an alternative view to everyone else, and every day is a new adventure.

    48653

    Joel M. Ungar, CPA is a lifelong resident of the Detroit area and a graduate of The University of Michigan. He is a principal with Silberstein Ungar, PLLC, a Top 15 auditor of SEC public reporting companies.

    81921

    Allan Boress, CPA, with over 25 years as a practitioner and consultant to the accounting profession. Mr. Boress is the author of 12 published books in 6 different languages, including a best-seller, The "I-Hate-Selling" Book.

    53827

    Larry Perry, CPA, CPA Firm Support Services, LLC, is the author of accounting and auditing manuals, author and presenter of live staff training seminars, and author of webcast and self-study CPE programs. He blogs about small audits, reviews, and compilations.

    97253
    Sandra Wiley, COO and Shareholder, is ranked by Accounting Today as one of the 100 Most Influential People in Accounting as a result of her prominent role as an industry expert on HR and training as well as influence as a management and planning consultant. She is also a founding member of The CPA Consultant's Alliance. Sandra is a certified Kolbe™ trainer who advises firms on building balanced teams, managing employee conflict and hiring staff.
    24560

    Maria Calabrese, CIR, Human Resources manager for Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC in Cranford, New Jersey, Maria's topics revolve around the world of: Mentoring, Performance management, and The "Y Generation," a.k.a. "The whY generation".

    61204

    William Brighenti is a CPA, Certified QuickBooks ProAdvisor, and Certified [Business] Valuation Analyst, operating an accounting, tax, and QuickBooks consulting firm in Hartford, Connecticut, Accountants CPA Hartford.

    87042

    Ken Garen, CPA, is the co-founder and President of Universal Business Computing Company (www.ubcc.com), a software development firm of high-volume, high-productivity accounting and payroll technology.

    28493

    Eva Rosenberg, MBA, EA, is the publisher of TaxMama.com, and author of the weekly syndicated Ask TaxMama column. She provides answers to tax questions from taxpayers and tax professionals worldwide.

    69966

    Amy Vetter, CPA, CITP is the CPA Programs Leader for Intacct Corporation responsible for leading the CPA/BPO Partners nationally.

    38200
    Brian Strahle is the owner of LEVERAGE SALT, LLC where he provides state and local tax technical services to accounting firms, law firms and tax research organizations across the United States. He also writes a weekly column in Tax Analysts State tax Notes entitled, "The SALT Effect." For more info, visit his website: www.leveragestateandlocaltax.com
    110036
    Scott H. Cytron, ABC, is president of Cytron and Company, known for helping companies and organizations improve their bottom line through a hybrid of strategic public relations, communications, marketing programs and top-notch client service. An accredited consultant, Scott works with companies, organizations and individuals in professional services (accounting, finance, medical, legal, engineering), high-tech and B2B/B2C product/service sales.
    29971

    Rita Keller is a nationally known CPA firm management consultant, speaker, author, mentor and blogger. She has over 30 years hands-on experience in CPA firm management, marketing, technology and administrative operations.

    58176
    Stacy Kildal is the mom of two fantastic kids, an Advanced Certified QuickBooks ProAdvisor, Certified Enterprise Solutions ProAdvisor, Sleeter Group Certified Consultant, a nationally recognized member of the Intuit Trainer and Writer Network, and co-host of RadioFree QuickBooks.
    31987
    Michael Alter's blog specializes in providing practical advice to those who seek greater profitability and practice management tactics that enhance deeper client relationships.
    36607

    Sally Glick, CMO, Principal, Marketer of the Year in 2003 and AAM Hall of Famer in 2007, leads a lively discussion of the constantly expanding roles of marketing and the professional marketers that drive this initiative in accounting firms of all sizes.

    108882

    The IMA Young Professionals Blog features the insights of IMA’s Young Professionals Committee. Committee members share advice and experiences on careers, continuing education, work/life balance, and other issues affecting young accounting and finance professionals.

    37873

    FEI Financial Reporting Blog provides highlights from SEC, PCAOB, FASB, IASB, and other regulatory news, including reporting under Sarbanes-Oxley Sect 404. It is written by Edith Orenstein, Director of Technical Policy Analysis at FEI.

    120048

    Sue Anderson has 30 years of experience in continuing education for accountants. Currently she is the program director for online CPE provider CPE Link.

    67324

    Jim Fahey is COO of Apple Growth Partners, a regional CPA firm in Ohio. His focus is on the effective and efficient use of technology within the firm by all team members.

    43660
    Caleb Newquist is the Editor-in-Chief of Sift Media US, overseeing content for both AccountingWEB and Going Concern.
    71391

    Leita Hart-Fanta, CPA, CGFM, and CGAP is the author of "The Yellow Book Interpreted" and owner of Yellowbook-CPE.com a website devoted to training for governmental auditors.

    98329

    AccountingWEB is more than just a U.S. team of journalists and financial and technology experts - we have an international side, too! Members of our British team who publish AccountingWEB.co.uk share their ideas, insights, and perspectives from across the pond.

    58900