B&E Department News and Events
Chicago Welcomes Johnson, Hartong, and Kidd
Professor Grace Johnson and her student co-authors Rachel Hartong, MC '14 and Brittany Kidd, MC '15
presented their paper at the MBAA International conference in Chicago, March 26-28, 2014. Their paper, "74 Ways to Defraud the Government:
A Study of Public Sector Internal Control Weak Spots", examined 74 public sector organization occupational frauds and thefts
by public employees. They investigated why public organizations - despite visible and embarrassing media publicity - continue to suffer from employee
fraud and theft. The three most common internal control weaknesses in their cases involved a lack of independent verification,
inadequate records and documentation, and abuse of authorized access to assets. The trio offered reasons why these vulnerabilities continue to go
unchecked, and recommended practices to enhance public sector entity internal controls.
Professor Johnson also served on a panel, "The Role of First-Year Seminars in Retention", with Professor Donna Whitten of Purdue University North Central, and was a teaching circle leader for faculty discussing pedagogy for the Accounting Information Systems course.
Pictured above - Johnson, Hartong, and Kidd with the other faculty who presented papers in their session: Dr. Alex Faseruk of Memorial University, Newfoundland, Canada; and Dr. Carol Jessup of the University of Illinois, Springfield.
Congratulations to Marietta Tau Pi Phi 2014 National Case Competition Participants -- Both Teams Trophy!
Over the weekend of March 21st and 22nd, five Marietta business students participated in the annual Tau Pi Phi national business honorary case competition in Pittsburgh, Pennsylvania. Matt Napier, Yiqi Shi, Mollee Brown, Morgan Spradling, and Caleb Hester represented Marietta College in the two-person and three-person team categories. This was Napier's second year participating in the competition.
At the end of the two-day event, Morgan Spradling and Caleb Hester received second prize in the two-person team event and Matt Napier, Mollee Brown, and Yiqi Shi were awarded third prize for the three-person team competition. Yiqi Shi, a senior accounting major, shared her thoughts about the experience. " It's a wonderful trip and I feel so grateful to work with my team members. As the only Chinese person, I am afraid of my spoken English and whether I can act confident when I am presenting at first. However, my teammates put me under their wings and gave me strong affirmation during the competition. I did much better than what I think it could be. I am so thankful to my teammates, they encourage me and I learned how cooperation is important to a team. Best team forever!!!."
Mollee Brown, a junior economics major, added another perspective about the competition. "We went to the competition with a goal to bring home trophies. Both teams learned so much about the business world and how to apply what we learn in classrooms throughout the competition. We also saw how backgrounds in all different business departments can work together to make company decisions. I'm so thankful for the opportunity that Tau Pi Phi gave me to compete and represent Marietta College. I was also thankful for the people that went with me on the teams and the experiences we had together in Pittsburgh. I can't wait to go again next year!."
Sophomore public accounting major Caleb Hester commented, "the Tau Pi Phi Case Competition was an excellent opportunity for me to apply the skills I am learning in classes to scenarios that real business managers analyze every day. The highly competitive nature of this event created an excellent environment for me to practice critical reading and thinking skills, develop my ability to create presentations with short time constraints, and build my confidence in communicating to superiors. I was also able to witness some amazing sights in Pittsburgh and build close relationships with my fellow teammates. I would highly recommend participating in this event if you have the chance; I will definitely be back!".
Returning team member Matt Napier said, "It was a fantastic opportunity and it is so perfect that everyone who competed ended up placing. Our group did a great job balancing the rigor of the cases with the importance of having fun and we made sure to enjoy ourselves and squeeze in sightseeing. We became very close over the two days and I couldn't be more proud of each of them."
Tau Pi Phi faculty advisor Professor David Mead was equally impressed. "Faculty members of the Business & Economics Department are always very proud of our students when they perform so well in case competitions, especially when all of our team participants end up placing in the final results. The competition is judged by experienced business professionals which gives an entirely different feel to students than making presentations in front of other students and faculty in classes. This is the second year in a row where teams from Marietta College have placed in the Tau Pi Phi business case competition. It speaks volumes about our students who are competing with the best and brightest business majors from other colleges and universities."
Pictured above are members of the teams along with James Inks, MC '12, who served as a competition judge. Inks presently is employed in the finance/treasury department of Univeristy of Pittsburgh Medical Center.
Established in the 1950s, Tau Pi Phi is a national business honorary society that sponsors a case competition annually. Any current Tau Pi Phi member is eligible to form a team for the 2015 Case Competition. Contact Professor Mead for more details.
Khorassani Recipient of Harness Award
Dr. Jackie Khorassani was one of three College faculty to receive the Harness Outstanding Educator Award at the 2014 Founders Day, February 13. The award honors and rewards Marietta College faculty for their high level of commitment to the education of students in and outside of the classroom. Selection is made through a process of peer nomination and review.
"I must say that it definitely made me feel appreciated by my colleagues," commented Dr. Khorassani when she learned she had received the Harness Award. "However, the best reward for me is my students' success in the short run, the medium run, and the long run. It feels really good to see a student having a 'light bulb moment' in class. It also feels wonderful to see a young recent high school grad gradually turning into a mature, thoughtful, and purposeful young adult right before your eyes. Finally, no joy compares to the joy of seeing your students succeed in life after college."
Congratulations Dr. Khorassani!
Tau Pi Phi Inducts New Members
Sixteen students were inducted into Tau Pi Phi, the national business honorary, in a ceremony held on February 6, 2014. Officers for the 2014-2015 academic year were elected by the membership: Brittany Kidd, president; Caleb Hester, secretary; and Morgan Spradling, treasurer. A reception was held afterward to celebrate the students' achievements. Congratulations to all of the students! Pictured are some of the new inductees at the February 6 ceremony (top) and the new officers (bottom).
Paula Lewis receives first inSPIRE Award
Paula Lewis, academic secretary for three departments, was honored with the first inSPIRE Award on Friday, Jan. 17, during a special ceremony in the Trustee Conference Room. President Bruno presented Paula with the award, including the first inSPIRE thermal stylized tumbler. She also received a certificate of recognition, gift certificate from Follett Book Store, one free lunch at Gilman, and a reserved parking space. The award was created by the College's Staff Advisory Council to recognize a staff member who has been inspiring or who has a) gone above and beyond the call of duty b) helped someone on a project c) helped a student, co-worker, or member of the public while on campus d) demonstrated outstanding customer service Paula, who serves Business & Economics, History, Philosophy and Religion and Political Science, received nominations from all three departments. One of the nominators said the following: "The Department of Business & Economics ran three faculty searches in the period of October-December 2013. Paula was responsible for communicating with the finalists (approximately 10 people), helping with their travel and lodging arrangements, creating their interview schedules and confirming all appointments, videotaping their teaching demonstrations ... and informing some 120-plus people that they had not been selected for the positions." Congratulations Paula on this well-deserved honor.
Professor Publishes Accounting Textbook
Professor Grace Johnson's textbook, Fundamentals of Accounting Information Systems: An Internal Control Approach, was published in November 2013 by North American Business Press. The textbook is aimed at introductory accounting information systems courses and can be used as the primary or a secondary textbook. "I am very pleased that the work started on this text four years ago has finally come to print," says Johnson. She credits former Department of Business & Economics chair Dr. Jim Falter with encouraging her to pursue a publisher for the textbook. "Jim knew I was working on this text for my students because I wasn't satisfied with existing textbooks in this subdiscipline of accounting. He strongly urged me to seek out opportunities to share my work with a wider student audience."
Johnson wrote the first version of the manuscript while on sabbatical in the 2009-2010 academic year. She tested it with her Acct 320 (Accounting Information Systems) students in the spring semesters of 2011, 2012, and 2013, and made modifications along the way based on student feedback. Instead of handing out photocopied pages of her work, Johnson will be able to use the professionally printed text in Acct 320 in the spring 2014 semester. Congratulations, Professor Johnson!
SBA Officers Elected
Members of the Sports Business Association elected their 2014 officers. They include President, Chris Long; Vice President, Stephanie DeAngelis; Recorder, Tyler Packanik; Alumni Relations, Jessica DeAngelis; and Social Media Director, Charles Dixon. Welcome and congrats to the new officers!
The Sports Business Association is a student-run organization dedicated to enhancing and supporting students whose career interests fall within the sports management industry. Professional development opportunities come from alumni networks and campus/off-campus experiential learning.
Accounting Students Honored at WVSCPA Dinner
Dr. Greg Delemeester accompanied three accounting majors to the annual West Virginia Society of CPAs Student Awards dinner on November 19, 2013. Held at the Parkersburg Country Club, the Parkersburg Chapter of the WVSCPA recognized accounting seniors from each of the region's colleges and universities. Attending from Marietta were seniors Teddy Daub, Rachel Hartong, and Matt Napier. Senior accounting major George Bloomfield also was honored but could not attend. In addition to interacting with local CPAs, including several MC alumni, the students met some of the WVSCPA leadership team.
Journal of Higher Education Theory and Practice Publishes Article on Student-Created Assignments
Professor Grace Johnson's paper, "Student-Created Assignments in an Undergraduate Accounting Information Systems Course: Student and Faculty Perceptions", has been published in Volume 13 of the Journal of Higher Education Theory and Practice. Co-authored with two senior Public Accounting majors, Bethany McFarland (MC '12) and Rachel Worthington (MC '12), the study examines how student created assignments - rather than instructor created ones - can strengthen how students understand the topic of internal control. Benefits and drawbacks of using the approach are explored from student and faculty points of view.
Building on a tradition started years ago by Emeritus Professor of Accounting Edward Osborne, Johnson continues to involve students in her professional projects. She's presently collaborating with senior accounting majors Rachel Hartong and Brittany Kidd on a study of internal control gaps in public-sector organizations.
B&E Department Welcomes Holly Dexter
A new face can be seen for the 2013-14 academic year in the Department of Business & Economics. Holly Dexter will be teaching several management classes, including Production & Operations Management and Business Policies and Practices.
Dexter earned her MBA and bachelor's degree in Industrial and Systems Engineering from Ohio University. Professor Dexter worked in an engineering capacity for several years, and then as a treasurer for the Marietta City School System. She has been an adjunct instructor in accounting since 2010 at WVU-Parkersburg. Dexter is a member of the Board of Trustees for Washington State Community College where she also serves on the finance committee.
Johnson Presents in Wyoming; Elected to Accounting Educator Board of Directors
Professor Grace Johnson with several workshop participants.
Professor Grace Johnson spent time at the end of June, 2013, in Laramie, Wyoming, presenting a workshop at the 15th Annual Accounting Information Systems Educators Conference. Her program, "Hammers and Chisels or Brushes and a Dremel®?: Thoughtful Craftsmanship in Honing AIS Students' Skills", was based on a skills development workshop Johnson attended in 2005 and led by Dr. Mary Crowe of the Council on Undergraduate Research.
At the annual meeting, Johnson was elected to the organization's board of directors for a three-year term. She will serve as Student Manuscript Chair for the organization's 2014 annual meeting in Golden, Colorado.
Another Marietta Team Takes Top Spot in Business Case Competition!
Brett Burns, Rachel Hartong, Alex Martin, Sarah Snow, and Cort Thomas earned the first place award in the Peoples Bank Business Case Competition on April 12-13, 2013.
Cort Thomas, a senior finance major, shared a few thoughts about the event. "I think the case was a valuable experience and it is always fun to win. We worked hard to get our presentation together and the course work we have completed at MC certainly gave us a leg up on the competition. As a team we had a better/deeper understanding of the business processes the case entailed and had superior presentation skills that helped our 'wow' factor with the judges. A thank you goes out to the B&E department for not only preparing us for this case but also our careers after MC." Sarah Snow commented, "I am overjoyed that the finance and accounting majors joined our team to represent Marietta because their knowledge played a vital role in our success, as Alex and I are leadership and international business majors. This competition displayed the talent that Marietta's B&E Department cultivates and we were happy to represent the department and succeed in bringing the trophy home. I hope that the B&E Department will continue to put a team together and compete as it was an exceptional experience. And of course, thanks to Peoples Bank!"
Alex Martin said, "I was privileged to participate in the competition. I always enjoy being able to practice applying what we learn in the classroom to real world situations. It was definitely a difficult case; however it was a great experience to challenge your own knowledge and see the success of our team's hard work."
Sophomore public accounting major Brett Burns echoed some of the sentiments of his teammates. "We succeeded in the competition due to our experience in finance and our presentation skills. I personally believe, after watching the other teams present, that our professionalism was the key influence in our victory." Rachel Hartong, a junior accounting major, added, "we had a semi-diverse group so that we were able to designate targeted work to each team member. I would give a special thanks to Alex Martin who developed an amazing timeline for the acquisition that no other group even considered."
Congratulations to the student team and its faculty advisor, Dr. Jim Falter!
FEI Recognizes Marietta Students
The Central Ohio Chapter of Financial Executives International annually recognizes outstanding accounting and finance students for their excellence in academics and student activities. Marietta College's recipients for the Academic Recognition Award include junior accounting majors George Bloomfield and Rachel Hartong, and junior public accounting major Kaitlin Huck. They were accompanied to the April 10, 2013, dinner and awards ceremony in Columbus by Professor David Mead, a member of the Central Ohio Chapter.
Department Recognizes Students at Annual Honors Reception
April 9, 2013, the Department of Business & Economics presented awards
to nine students at the annual B&E Honors Reception. Faculty and
honorees celebrated student academic accomplishments. As well, Omicron
Delta Epsilon (ODE), the national economics honorary, inducted its new
members. The Department congratulates the following students receiving
|Conner Busby||Jules Bourmorck and Julia Staats Memorial Scholarship|
|Conner Busby||Department of Business & Economics Scholarship|
|George Bloomfield||Wen-Yu Frank Cheng Scholarship|
|George Bloomfield||Bob Duggan 59 Distinguished Scholarship|
|Zachary Utley||Bert T. Glaze Scholarship|
|Meili Wang||Douglas C. Greene Scholarship|
|Matthew Napier||Edward H. Osborne Scholarship|
|Shalyn Allen and Alexandria Martin||Jack E. Prince Scholarship|
|Rachel A. Hartong||William M. Summers Memorial Scholarship|
|Kelsey Wells||The Ford Rinard Memorial Scholarship|
Students received into ODE for 2013 were Shaylyn Allen, Kathryn Anderson, Fangxiao Liu, Jiaxin Quan, Ian Stanley, and Tristine Toves. Pictured at top, scholarship recipients. At right, Dr. Jackie Khorassani with several new and current ODE members.
Marketing Management Class Tours Harley-Davidson Dealership
Professor Joanie Washburn and her Marketing Management students (Mngt 432) recently took a tour of the S&P Harley-Davidson Dealership in Williamstown, WV. Owners Steve and Patsy Hardy opened their facility to illustrate the value of the Harley Davidson brand. Harley-Davidson is one of the most respected and recognized brands in the US. The students were told the story of Harley-Davidson and the growth of the brand, as well as understand the company's positioning strategy.
Two Economics Students Take Top Honors at Conference
On Saturday, April 6, 2013, two Marietta College students won awards at Bowling Green State University's Undergraduate Economics Student Paper Contest and Conference. Jiaxin Quan, a senior double majoring in Economics and Advertising/Public Relations, won the first place award in Macroeconomics Division of the conference for her paper entitled "Determinants of Income Inequality: A Panel Data Analysis". Ben Reese, a senior double majoring in Economics and Political Science, won the second place award in Microeconomics Division of the conference for his paper entitled "An Empirical Analysis of the Determinants of Healthcare Expenditures in Developed Nations". Ben also received a second award for his presentation.
Shirley Jiaxin Quan said, "I have a great experience at the conference. I was very beneficial for me to listening other students' presentation. I also learned about other Economics competition opportunities and I think I'm going to give a try. I really appreciate Dr. Khorassani's help on my paper." Ben Reese added, "The BGSU conference was a great opportunity to experience what it is like to participate in an academic conference as well as see what undergraduate economics majors are working on at other colleges and universities. What really stood out to me was the difference between the individual attention Shirley and I received in working with Dr. Khorassani and what appeared to be the norm at other institutions; it made a dramatic difference in both the quality of the research we were able to present and the depth of understanding we had, both in our understanding of the issues we explored and the methods we used to do so."
AIS Students Visit Haessly Hardwood Lumber Co.
Professor Grace Johnson's Accounting Information Systems students made a field trip to Haessly Hardwood Lumber Company in Reno, Ohio, on April 2, 2013. Owner Jack Haessly hosted students on a comprehensive tour of the manufacturing and warehouse facilities. This plant tour and discussion helped students understand internal controls over manufacturing & production and for fixed assets. Johnson is passionate about integrating actual organizations into her students' experiences with the textbook material. This semester's students also are undertaking internal control consulting work for Washington-Morgan Community Action for the course's capstone project.
Last updated: 4-April-2014, B&E Department webmaster