Saint Mary's College was awarded first place in the Indiana CPA Society's annual Case Study Competition for the second consecutive year. Indiana University-Purdue University Indianapolis placed second, and Manchester College placed third. The three remaining finalists, Indiana Wesleyan University, Purdue University Calumet and Valparaiso University, each earned honorable mention awards.
In this year's INCPAS Case Study Competition, the students were challenged with a practical project that required them to use their knowledge, skills and judgment in knowledge management. It was the 12th time the Society has held the competition, with the case topic changing each year. Teams from all Indiana colleges and universities with accounting departments were invited to compete. In 2011, 11 schools participated.
The four-student teams had 10 days beginning Oct. 21 to submit written cases. A panel of four judges reviewed entries and selected six teams to travel to Indianapolis for oral presentations on Nov. 18. Other schools participating but not advancing to the finals were Ball State University, Butler University, Indiana University, University of Southern Indiana, and Wabash College. Cash awards were given to members of all finalist teams.
The first place team from Saint Mary's received $1,000 per student. Team members for Indiana University-Purdue University Indianapolis received $750 and Manchester College team members $500. Fourth through sixth place team members each received $100.
The winning team from Saint Mary's College included Allison Courtney, Maggie DePaola, Kathryn Gutrich and Chelsea Pacconi. Mary Ann Merryman was the faculty advisor.
The second place team from Indiana University-Purdue University Indianapolis consisted of Elizabeth Dunklau, Daisy Pham, Ekaterina Pronina and David Wohlreich. The faculty advisor was John Hassell.
The third place team from Manchester College included Traci Fuqua, Ashley McGovern, Erin Puckett and Pooja Shrestha. The faculty advisor was Brad Pyrah.
Judges for the competition included Jason Bainter, CPA, Somerset CPAs, Indianapolis, Gerard Benner, CPA, CFO to GO, LLC, West Lafayette, Christopher Doemland, CPA, e:i ent:imler cpa, Indianapolis, and Rebekah Payne, CPA, K.B. Parrish & Co., LLP, Indianapolis.
Several contributors provided funding for the cash awards. The Gold sponsors, Kemper CPA Group LLP and PricewaterhouseCoopers LLP, each contributed $1,000. Crowe Horwath LLP contributed $750 as the Silver sponsor. The Bronze sponsors to contribute $500 were BKD LLP, Brady Ware + Schoenfeld, CAMICO, Clifton Gunderson LLP, L.M. Henderson & Co., LLP, and Umbaugh. Other contributing sponsors include Bucheri McCarty & Metz LLP, BGBC Partners LLP, JA Stauffer CPA PC, Murphy Financial Group PC, and O.W. Krohn & Associates.
Currently, more than 7,000 CPAs in public practice, industry, government and education are members of the Society. INCPAS serves the public interest as well as its members. Its members are required to abide by the CPA profession's code of conduct. INCPAS members also receive access to quality educational programs provided by the Society, resources that enable them to better perform their job functions, and peer networking for information sharing that broadens their skills and knowledge base. Indiana CPA Society members are the most highly qualified and competent CPAs in Indiana. Make sure your CPA is a member of the Indiana CPA Society.