University of Southern California

Marshall Team Places Second in Annual Accounting Competition
Deloitte Case Seminar Challenges Undergraduates with Real-World Scenarios
April 30, 2007 • by News at Marshall

April 12, 2007

A team of four students from the University of Washington took first place honors back to Seattle this week as winners of the annual case competition held at the 12th annual Deloitte National Student Case Study Seminar sponsored by the Deloitte Foundation, the not-for-profit arm of Deloitte & Touche USA LLP.

Five students from the University of Southern California placed second in the competition held recently in Scottsdale, Arizona. In addition to the winners, the four other colleges and universities participating in this year's competition were: Florida A&M University, University of Houston, Miami University, and Michigan State University.

The competition is a nationwide event sponsored by the Deloitte Foundation in which six teams of undergraduate accounting students competed to solve complex case studies involving real-world financial accounting issues. In the seminar, each student team solves cases with the support of a faculty advisor and a Deloitte & Touche manager.

The teams present their cases and solutions to a panel of active and retired partners, who play the role of a client company's senior management or audit committee members. At the seminar' conclusion, the panel selects the student teams that best identify the relevant accounting issues and most effectively present their case.

Frank Hodge, faculty advisor and assistant professor of accounting, University of Washington noted, "The National Case Competition provides an excellent forum for students to hone their research and communication skills while building meaningful relationships with others in the accounting profession. I am deeply grateful for the Deloitte Foundation's generosity in sponsoring this event. I believe it goes a long way towards helping students become young professionals and future leaders of the profession."

The competition is funded through contributions from retired partners of the Deloitte U.S. Firms. In addition to the honors, each participant from the University of Washington team will receive a $1,000 scholarship; second-place team participants from the University of Southern California will receive $500 scholarships; and members of the four other finalist teams will receive $250.

About the Deloitte Foundation
The Deloitte Foundation is a not-for-profit organization that supports teaching, research, and curriculum innovation in accounting, business, and related fields within the U.S. The Foundation, founded in 1928, supports an array of national programs, which are relevant to a variety of professional services, and which benefit undergraduates, graduate students, and faculty.

About the USC Marshall School of Business
Consistently ranked among the nation's premier schools, USC Marshall is internationally recognized for its emphasis on entrepreneurship and innovation, social responsibility and path-breaking research. Located in the heart of Los Angeles, one of the world's leading business centers and the U.S. gateway to the Pacific Rim, Marshall offers its 5,700-plus undergraduate and graduate students a unique world view and impressive global experiential opportunities. With an alumni community spanning 123 countries, USC Marshall students join a worldwide community of thought leaders who are redefining the way business works.