Whiteley is a senior accounting major with a minor in Spanish at Shippensburg University. She earned the second-place prize for her essay on the adoption of international financial reporting standards by 2014, which is a big topic in the accounting profession. An additional $600 was awarded to Shippensburg's accounting program for Whiteley's essay.
"I was absolutely blown away when I received the call that I had placed second," Whiteley said. "It was an ending highlight to a semester of hard work at school and a fantastic way to start to my summer."
Entries in this annual contest come from accounting and business majors attending Pennsylvania colleges and universities, as well as Pennsylvania residents who attend out-of-state colleges or universities and who major in the same fields. This year, 176 entries were received.
Molly Klusek, of Philadelphia's Roxborough section, won $2,000 for finishing first, and Hannah Yang, of Bethlehem, Pa., earned $800 for finishing third. An award of $1,000 was presented to the University of Scranton's accounting program for Klusek's essay and $400 was given to Moravian College's accounting program for Yang's essay.
Students and educators who are interested in learning more about PICPA student award programs, scholarship opportunities, and careers in accounting should visit www.picpa.org.