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Deloitte Foundation and Federation of Schools of Accountancy host 14th Annual Faculty Consortium
STAMFORD, Conn., Aug. 17, 2016—More than 100 accounting educators and professionals convened at the 14th annual Deloitte Foundation and Federation of Schools of Accountancy (FSA) Faculty Consortium. During this year’s meeting, attendees discussed a range of business practices and case studies while examining the theme “big opportunities, big data” and identifying new content to incorporate into their curricula.
By collaborating with the FSA, we are augmenting what is taught in accounting classes with real-world business insights, and, in turn, helping strengthen the education and pipeline of future accounting professionals. This is becoming increasingly more important because of the growing need to innovate and adopt new technologies in accounting.
– Tonie Leatherberry, president, Deloitte Foundation
The primary objective of the Deloitte Foundation/FSA Faculty Consortium is to encourage an open dialogue between accounting practitioners and academia around the latest emerging business and accounting issues and trends. This year’s program included panel sessions, a technology demonstration and case studies in the areas of audit, advisory, and tax—all focused on data analytics. Deloitte and the FSA board work collaboratively to develop and execute the content-rich program.
The Deloitte Foundation/FSA Faculty Consortium provides an outstanding opportunity for accounting faculty from FSA schools to interact with Deloitte professionals and faculty across the country. This year the consortium focused on big data. Attendees learned how professionals from audit, tax, and consulting are using data analytics and how data analytics will change the Accounting practice. Participants received hands-on training about how to utilize the software to present information. Most importantly, faculty worked on real-world cases with data provided by Deloitte that can be used in their classes. The Deloitte Foundation/FSA Consortium is a unique experience that brings members of the profession and academia together to strengthen the educational experiences of students and future accounting professionals.
– Rebecca Shortridge, Donald E. Kieso chair of accountancy and president-elect of the FSA board of directors
About the Deloitte Foundation
The Deloitte Foundation, founded in 1928, is a not-for-profit organization which supports education in the US through a variety of initiatives that help develop the talent of the future and their influencers and promote excellence in teaching, research, and curriculum innovation. The foundation sponsors an array of national programs relevant to a variety of professional services, benefiting middle/high school students, undergraduates, graduate students, and faculty. For more information, please visit the Deloitte Foundation webpage.
About the Federation of Schools of Accountancy
The FSA is committed to the promotion and support of high-quality accredited graduate accounting programs. The FSA, and its community of graduate accounting programs, accomplishes its mission by encouraging the pursuit of Ph.D. education and the use of Ph.D.s in accounting programs, promoting the value of accredited graduate programs among students, employers, and society, providing independent input into current accreditation processes and standards, involving faculty in challenges facing the accounting profession and sharing innovation in graduate education and processes for achieving and maintaining accreditation.
As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.