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A Welfare Comparison Of Historical Cost And Fair Value Accounting Regimes, Palmer Edholm

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

With ongoing controversy concerning fair value and historical cost accounting, existing accounting theory is focused on intra-firm decision making and is thus deficient in addressing the issue of maximizing social welfare. I propose models of historical cost and fair value accounting regimes which are embedded in models of monopoly and oligopoly. This allows for social welfare implications. I find that historical cost results in greater expected profits for both monopolists and oligopolists. However, if the market is elastic enough, a fair value regimes is welfare enhancing. Whereas, if the market is inelastic enough, historical cost is welfare enhancing.

Institute Of Management Accountant Scholarships, Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Jared Fry and Aubree Matheson both received $2,500 IMA scholarships for the 2018-19 academic year.

School Of Accountancy Tax Team Takes 2nd Place!, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

The second weekend of November, a team of students from the School of Accountancy competed in Deloitte’s FanTAXtic regional competition in Salt Lake City and received a second place finish right behind UT Austin, the number one accounting school in the nation. The team consisted of two sophomores, Shannan Peel and Ashley Hernandez, two upper division undergraduates, Slater Duncan and Kyle Merrill, and one graduate student/team leader, Derek Droesbeke. Bonnie Villarreal served as advisor to the tax team.

Bringing Global Vision To Accounting, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

“If you look at the strategic pillars of the Huntsman School, global vision is a standard. We really have to understand what is happening outside of Cache Valley, Utah, and the United States,” noted Dr. Chris Skousen, associate department head of the Accounting Program. This year Dr. Skousen of was elected President of the International Accounting Section of the American Accounting Association (AAA).

Accounting Grad Scores Prestigious Internship, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Recent MAcc (Master of Accounting) graduate Dillon Jones will spend the next year in Norwalk, CT, at a prestigious internship for the Financial Accounting Standards Board (FASB). The Postgraduate Technical Assistant Program is “a one-year term, during which the individual becomes highly involved with the accounting standards-setting process and comes to have an in-depth understanding of the roles played by preparers, auditors, and users of financial information.” Jones is among only seven interns who were selected and is only the second Huntsman student to receive this internship.

New Professorship In Accounting, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

The School of Accountancy in the Jon M. Huntsman School of Business at Utah State University has formed a $1.5 million Bonnie B. and James H. Quigley/Deloitte Foundation Professorship in Accounting thanks to support provided by the Quigley’s, with added support from Deloitte, through the Deloitte Foundation.

Risk Characterization From Multipathway Exposure Associated With Land Applying Biosolids By Accounting For Multimedia Mass Loss, Karthik Kumarasamy

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

There continues to be concern among communities living in the vicinity of biosolids land application sites about potential adverse health effects from the chemical contaminants present in biosolids. This study describes a procedure that will help answer questions about the risks involved in biosolids land application at the site level, thus, this study will provide a crucial communication tool for wastewater treatment facilities and biosolids land appliers to address the concerns of the public. Specifically, the study quantifies the exposure concentrations that a human being can become exposed to during their lifetime from the practice. Crucially, it takes a quantitate …

Accounting Student Receives Accolades For Inspiration, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Each year, Beta Alpha Psi, the international honors organization for accounting, and the American Institute of CPA’s jointly sponsor the medal of inspiration, which is awarded to the one student whose life story is most likely to encourage others to reach within themselves and find “greatness.” This year they have chosen to honor Huntsman student A. Lucien Butler. The award was presented at the Beta Alpha Psi annual meeting in Atlanta, Georgia, and includes a $5,000 cash scholarship.

Accounting Rcde Faculty Receives Grant, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Rhett Hunt, an accounting faculty member at the Regional Campus in Vernal receives a grant for student internships. The purpose of the grant is to help strengthen relationships between local accounting firms and USU, improve employment opportunities for USU-RCDE accounting graduates, and increase the visibility of students who are ready to begin working full time in accounting. Congratulations Rhett!

School Of Accountancy Is Ranked 46th In The Nation By Public Accounting Report, Usu Jon M. Huntsman School Of Business, Steve Eaton

Jon M. Huntsman School of Business News Collection

A publication widely read within the accounting profession, Public Accounting Report, has ranked the School of Accountancy at the Jon M. Huntsman School of Business in the top 50 among accounting schools nationwide.

Significant Research Discovery Relevant To The Auditing Profession, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Chris Skousen recently received word that his co-authored research article Haphazard Sampling: Selection BiasesInduced by Control Listing Properties and the Estimation Consequences of these Biases has been accepted for publication in Behavioral Research in Accounting.

Personal Intern Experience Assessment, Jacob Reed

Undergraduate Honors Capstone Projects

I am a senior, finishing up the last accounting class for my undergraduate degree in accounting. I recently completed an internship with PwC in the McLean, Virginia office. At PwC, I was an assurance intern primarily responsible for assisting my engagement teams by performing tests around financial statement line items such as 'cash.' I learned quite a bit about the PWC process for auditing these items because I performed these same procedures on six different clients.

My role as an intern was to perform uniform tasks that needed to be done on each engagement, and when I was done I …

Jim Quigley, Usu Accounting Alum And Global Ceo For Deloitte, Is Author Of New Book, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

USU accounting alum and global CEO for Deloitte, Jim Quigley, has authored a soon-to-be released book entitled As One. This book provides an insightful look at management style and structure, and shows how melding leadership style with organizational architecture can contribute to powerful results. This book is apt to become a must read book for business students worldwide. You can begin to understand the concepts of “Individual Action. Collective Power.” at https://www.asone.org/asone.html. The School of Accountancy is proud to count Jim Quigley among its many outstanding alums, and looks forward to the upcoming release of this exciting new book.

Tax Challenge Working Papers, Hal Allen

Undergraduate Honors Capstone Projects

My thesis project for my honors degree consisted of preparing working papers for the tax challenge team in the Accounting department of the College of Business. The Tax Challenge team has competed two years ago in the Anderson Tax Challenge and then the Deloitte & Touche Tax Challenge this last year. The tax challenge team has begun to build a credible reputation for the tax program at Utah State University. The last two years the graduate tax team was one of the top six teams in the nation. Dr. Grange is the tax challenge advisor and is working hard to …

Quicken As A Farm Accounting System: A Lesson Plan On Cash Basis Recordkeeping With Accrual-Adjusted Financial Statements, Larry K. Bond

Economic Research Institute Study Papers

The purpose of this document is to demonstrate how Quicken, a popular checkbook management software program, can be used to keep a set of records for the farm business that will measure profits, liquidity, and solvency. This is a revision of ERI 95-02, with more detailed explanations. All graphics have been eliminated and fonts have been changed so this document can be printed on most printers. It is based on an example farm used in the Business Management in Agriculture (BMA) series of videos and workbooks developed in the late 1980s, and draws on materials prepared by Dr. Ken Stokes …

A Lesson Plan For Teaching Accounting For The Home Using Quicken 8.0, Larry Bond

All Archived Publications

This exercise is designed for the beginning Quicken user. It assumes the user knows how to run a computer, and to start Quicken. The time it takes to complete the entire exercise will depend on; a) how familiar the participants are with computers, b) their ability to type, and c) previous exposure to Quicken or similar software. If there is insufficient time in the workshop to complete all the tasks, most participants should be able to complete it at home.

Using Quicken As A Farm Accounting System With Accrual-Adjusted Financial Statements From Cash Basis Financial Records, Larry Bond

Economic Research Institute Study Papers

The purpose of this document is to demonstrate how Quicken, a popular checkbook management software program, can be used to keep a set of records for the farm business that will measure profits, liquidity, and solvency. It is based on an example farm used in the Business Management in Agriculture (BMA) series of videos and workbooks developed in the late 1980·s. It will best be understood if used as a study guide, and that entries actually be made in Quicken as they are encountered in the guide. By they time you complete this exercise, you will have a much better …

A Lesson Plan For Teaching Accounting For The Home Using Quicken 8.0, Larry Bond

Economic Research Institute Study Papers

No abstract provided.

Letter From William Kerr, William J. Kerr

Reports of the Secretary to the President Student Affairs President’s Correspondence, 1900-1907

Letter concerning the way accounts are kept at Utah Agricultural College.