Category: Accounting

MTU’s DECA Soared at State Conference

SGroup DECA 2016tudents from Michigan Tech’s chapter of Distributive Educational Clubs of America (DECA) attended the State Career Development Conference over spring break. The competition has three different types     of events which include case studies, business simulations, and prepared events. The students are given thirty minutes to an hour to prepare the event depending on the type, and then present their findings to judges who grade them based on specific performance indicators. For the business simulations and case studies, no outside materials are allowed. The competition is designed to take the knowledge students learn inside the classroom and apply it to real world problems. The judges are professionals from that specific area meaning that the judge typically works for a firm within that industry and/or holds certifications which makes them competent to judge the event. This year, eleven members from Michigan Tech attended the conference, and nine qualified for the International Career Development Conference. Ken Arndt placed third in the corporate finance event, and Cassandra Barry (pictured below) placed first in the accounting event. In Michigan Tech’s chapter of DECA, placing first in any event had only occurred three times, once when the chapter was established, and twice in 2013.

C Barry DECA

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Brown Bag Lunch Seminar

The School of Business and Economics will have its third brown bag lunch research seminar from noon to 1 p.m. on April 21, in Academic Office Building (AOB) 101.  Associate Professor of Accounting Robert Hutchinson will present his latest research.  All interested members of the MTU community are invited.

Title: Intangible Resource Value and Tobin’s Q: Evidence from the Super Bowl.

Abstract:

The emergent resource-based view of competitive strategy is that companies survive in the long-run by developing unique capabilities that are firm-specific and difficult to duplicate. Brand equity represents one of the most valuable, unique, and potentially long-lasting of these resources, and the need for developing accounting measures that allow for the efficient management of such resources is increasingly recognized. This study uses a unique data set to empirically examine the impact of one of the most exclusive and coveted forms marketing activities, Super Bowl advertising, on long-term brand equity via the q ratio. This paper attempts to bridge the gap between the management accounting and marketing management literatures by providing a practical application of the q ratio and a resource-based perspective on the reporting of intangible assets.

food-pizza-box-chalkboard

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Accounting Students providing Income Tax Assistance

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Accounting majors provide FREE income tax preparation assistance for students and members of the community who could not otherwise afford the services of a CPA tax professional. This service has been offered at Michigan Tech for over 20 years.

Attend a Volunteer Session
No appointment is necessary to receive assistance just go to the Tidwell Center Conference Room, G010D in the Academic Office Building during one of the session times listed below.

Bring your W-2’s, form 1099’s, 1098T’s, etc., to one of our sessions. Also bring a copy of last year’s tax return, if possible.

Monday and Wednesday 2 – 4 pm
Thursday 3 – 5 pm
Friday 11 am – 1 pm
Volunteer sessions will be offered each week from Monday, March 14, 2016 through Friday, April 8, 2016.

For more information contact:
Joel Tuoriniemi, jctuorin@mtu.edu, 487-1877

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Fall and Summer 2016 Registration

Fall Registration will begin towards the end of March.   Here is the Fall 2016 Priority Schedule  for registration.  Your registration time is based on your current credits earned (does not include current credits you are registered for).
Prior to Fall Advising Appointments
  • Run your Audit in Banweb (DARS)   *tip: Run “Latest” and not a possible program from the drop down menu
  • Review your Degree Requirements
  • Develop a proposed Fall course list
  • Note any questions or concerns about your Audit
  • Schedule an Advising Appointment if necessary (especially if a few semesters from graduation or have not met with an advisor in 2-3 semesters)
To schedule an appointment, go through Google Calendar.  
  • Use your Advisor, Jodie Filpus-Paakola’s email jrfilpus@mtu.edu in the guest invite on the right
  • View my availability against yours using “find a time” tab next to “event details” at the left
  • In the subject please indicate the following Last Name, First Name:  Advising
  • Please allow for 30-45 minutes for our appointment
Jodie will be holding walk in office hours during registration following Spring Break (no appointment needed)
Monday-Friday between hours of 9 a.m.-Noon and 2 p.m.-4 p.m.
  • March 14-18 and
  • March 21-25
Summer Registration has been available since the Fall.  If you plan to register for Summer courses please do this sooner rather than later.  Some departments are considering low course enrollment currently to make decisions if a course will get dropped from the Summer schedule.

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