Michigan Tech College of Business Newsblog

Category: Accounting

School of Business and Economics Announces New Fall 2019 Programs

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The Academic Office Building on Michigan Tech's campus is featured

To better serve and provide opportunities for STEM students, the School of Business and Economics (SBE) now offers a minor in business as an attractive addition for students of any major who will go on to work for a company or organization or start their own enterprise. The content allows graduates to differentiate themselves with a foundation of business skills.

In addition, our recently approved master’s degree in engineering management, a hybrid engineering-business degree, focuses on managerial knowledge, business literacy, and other relevant skills critical for successful operations in various engineering/technology-intensive industries.

Finally, to infuse technology into our accounting curriculum, new courses and content have been created resulting in the new concentration in data analytics. This fall, students pursuing a bachelor’s degree in accounting with also be able to earn an 18-credit concentration in data analytics. Those seeking to earn the Master of Science in Accounting degree will also be able to earn a graduate certificate in accounting analytics or forensic examination. “The concentration and certificate programs leverage accounting, information systems, and math coursework to help students acquire a valuable skill set encompassing databases, data cleaning and visualization, statistical programming, and analytical methods,” says program director and professor of practice, Joel Tuoriniemi. 

According to Dean Johnson, dean of the School of Business and Economics, these new offerings leverages SBE’s strengths as a business school embedded in a technological institution.

To learn more about any of our programs, please email business@mtu.edu.

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Imagineering Audit 4.0 Researcher at Michigan Tech

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Jun Dai is a visiting assistant professor from Southwestern University of Finance and Economics in China. She received her PhD in 2017 from the Rutgers Business School. Her research interests include applying new technologies such as blockchain, industry 4.0, and data analytics for the auditing profession.

Dai’s paper “Imagineering Audit 4.0” received the Bright Idea award in 2017, which is identified as one of the top 10 manuscripts for the year among all publications of New
Jersey ’s business faculty.

In addition to conducting research, Dai will be guest lecturing finance and accounting classes during her time on campus.

Earlier this month, Dai presented to the 43rd World Continuous Auditing and Reporting Symposium. The theme of the symposium was disruptive innovation in accounting. Her presentation, “Utilizing Blockchain and Smart Contracts to Enable Audit 4.0: A Case of Accountability Audit of Air Pollution Controls In China,” explored the potentials of using smart sensors, Internet of things, blockchain, and smart contracts to reengineer current auditing procedures to be more agile, precise, and transparent.

Dai serves as an associated editor of the Journal of Emerging Technologies in Accounting and has published in academic journals and professional journals, including Accounting Horizons, Journal of Information Systems, International Journal of Accounting Information systems, Journal of Emerging Technologies in Accounting, and the CPA Journal.

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New School of Business and Economics Faculty Awards Recognize Research, Service

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The bronze Husky dog statues sits in the center of Michigan Tech's campus. At its annual faculty retreat last week, Dean Johnson, dean of the School of Business and Economics (SBE), presented for the first time awards for excellence in research and service. Dana Johnson, professor of supply chain and engineering management, was the recipient of the research award. Johnson will receive funding toward faculty development for her current stream of research to predict which patient psychometric attributes and demographic variables impact overall patient experience. This will extend prior research by working with Aspirus Keweenaw who utilizes the Clinician and Group Consumer Assessment of Healthcare Providers and Systems. 

Joel Tuoriniemi, professor of practice in accounting, was acknowledged for his dedication to service. “There are many deserving faculty members in SBE who work to advance our strategic vision. I am fortunate to be surrounded by motivated students who demand a rigorous experience and serve as ambassadors. It makes my job promoting the Master of Science in Accounting program to future Huskies and employers that much more rewarding,” says Tuoriniemi.

In addition to the new honors in research and service, the School each year recognizes exemplary teaching. The addition of two new awards promotes the hard work School of Business and Economics faculty dedicate to blending business and technology curriculum to meet student and industry needs of the future.

“Faculty have expectations in the realms of teaching, research, and service. These new awards are designed to recognize faculty leaders in the School of Business and Economics,” says Dean Johnson.

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Accounting Club Helps Houghton Elementary School

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This is the second year Kappa Sigma Iota (SBE’s accounting club) has been helping with the Houghton Elementary School Econo Receipts program.  Twice a year, students compile receipts from Econo Foods. The receipts are collected through the thoughtful families and friends of the school district, and the receipts are submitted back to Econo in exchange for a donation to the elementary school. Econo Foods generously donates 1% of all the submitted receipts back to the school.

Amanda Massaway from the Board of Education in Houghton says, “It’s been extremely helpful to have the KSI students assistance, they have totaled over $200,000 of receipts over the last year which returned $2,000 to the school.”

Pictured below are two students from the accounting club – Tres Green and Anna Kubek who helped add up receipts this winter.

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