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Date: October 22, 2003
Contact: Carol Connelly, Director, Media & Communication Services, ext. 5267, cconnelly@pnc.edu

 PNC Students Earn Accounting Competition Honors

photo of PNC accounting team

(left to right) PNC students review their paperwork for the Indiana Certified Public Accountant Case Study Competition: Jessica Kelly, Misty Speelman, Bill Mack, faculty advisor, Liz Babcock and Rose Ann Switt.  Download photo here.
WESTVILLE – Four Purdue University North Central students brought home third-place honors in the fourth annual Indiana Certified Public Accountant Society Case Study Competition held recently in Indianapolis.

Students Jessica Kelly, of LaPorte; Liz Babcock, of Valparaiso; Misty Speelman, of Knox and Rose Ann Switt, of San Pierre, were members of the PNC award-winning team. Bill Mack, associate professor of business, served as team advisor and mentor.

While this is the fourth year for the state competition, this is the first year that a group from PNC has participated. For the contest, teams from 11 Indiana universities submitted written case studies on the Sarbanes-Oxley Act of 2002 and its effects on today’s CPA firms. This legislation established accounting rules and guidelines for all firms to follow. Six teams were selected as finalists to present their papers before a panel of four judges at the Indiana Certified Public Accountant Society annual meeting. Their assignment was to create a presentation based on their case study and present it to a panel of judges, simulating a real-life situation of accountants stating findings and recommendations to clients or company officers.

Team members spent hours researching and writing their case, said Mack. One took a week of vacation time from her job to work on the project. Others spent countless hours away from their friends, families and work while toiling on the written case study. Once that was submitted and the team was notified they qualified for the next level of competition, they started anew to create an oral report, complete with a PowerPoint presentation.

PNC is the only campus of its type represented in the competition.

“It’s wonderful to see students work that hard and be rewarded for doing so,” Mack said. Each member of the PNC team was presented with a plaque and check for $500. A plaque will also be presented for display at PNC.

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