Deloitte to Endow $1 Million Doctoral Consortium

The Deloitte & Touche Foundation has received a $1 million donation from former Foundation CEO and former Deloitte & Touche LLP chairman and CEO J. Michael Cook. The money will be used to endow a doctoral consortium for the American Accounting Association (AAA) whereby advanced doctoral candidates will be able to meet and exchange ideas with college faculty.

"I have always been very proud of the firm's support of education," said Mike Cook. "I am delighted to have this opportunity, through the Deloitte & Touche Foundation, to give something back to the profession and the academic community, which have meant so much to me."

The consortium is an annual event organized by AAA. College faculty members are invited to attend and meet with advanced students from approximately 90 colleges and universities. The students and faculty share perspectives from various areas of research and advanced studies.

"These doctoral candidates are the professionals we will rely on in the future to educate students and ensure continuation and innovation in the accounting profession," said Douglas McCracken, chairman of Deloitte & Touche and the Deloitte & Touche Foundation. "That is why it is important to provide them with the opportunity to discuss state-of-the-art research and teaching with leading academics."

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Already a member? log in here.

Editor's Choice

Upcoming CPE Webinars

Nov 24This webcast presents basic principles of revenue recognition, including new ASU 2014-09 for the contract method. Also, CPAs in industries who want a refresher on revenue accounting standards will benefit.
Dec 3The materials discuss the concepts and principles in the AICPA’s new special purpose framework.
Dec 9A key component to improving your firm’s workflow efficiency while enhancing your profitability at the same time is how you leverage emerging technologies.
Dec 9Kristen Rampe will cover how to diffuse the tension in challenging situations in this one-hour webinar.