Accounting


Accounting Department Welcomes New Faculty Members

The University of Connecticut has embarked on an ambitious hiring initiative to expand its faculty and senior academic leadership across disciplines, investing in 500 tenure-track faculty positions over the next four years.

As a result of this initiative, the Accounting Department is delighted to welcome two new faculty members in the 2013-2014 academic year. These new faculty bring a diverse array of expertise and research interests to the school and our students.

Paul Glotzer joins the faculty after serving as an adjunct lecturer in the Accounting Department of the UConn School of Business since 2012. Prior to UConn, Paul served as project manager at the Financial Accounting Standards Board (FASB). Prior to FASB, he served as director of accounting and auditing at Shein, Cohen, Palmer & Company, LLC, for twenty years. Paul also worked as a manager at Kostin Ruffkess & Company for ten years subsequent to working as a staff accountant for three years at Troub, Glotzer, & Company.

Paul’s areas of expertise include: U.S. GAAP and its application to financial statement preparation, audits, reviews, and compilations; income tax planning and compliance for corporations, partnerships, and individuals; and payroll and sales taxes. He has also published in the American Institute of Certified Public Accountants’ Journal of Accountancy. In addition to his affiliation with the AICPA, Paul is a very active member in the Connecticut Society of Certified Public Accountants where he currently serves or has served on several committees, including Technical Reviewer and Chair of the Accounting and Reporting Standards Committee; the Board of Governors; Compilation and Review Committee; Professional Ethics Committee; Peer Reviewer; Management of an Accounting Practice Committee and Relations with Secondary School Committee. He was also voted Committee Member of the Year for 2000-2001. Paul is a CPA and graduated with High Honors from the University of Connecticut in 1972 with a Bachelor of Science degree Accounting. He is also the new faculty advisor to the Accounting Society at UConn.

Arthur Schmeiser joins the UConn faculty after serving 38 years at Deloitte & Touche LLP where he retired as a senior partner. Art served clients in a variety of industries but had a focus on clients in consumer businesses such as Macy’s, Neiman Marcus, Procter & Gamble, Saks 5th Avenue, Sears, Talbots, The May Department Stores Company and Timberland. In addition to his client work, he has held various leadership positions within D&T, both domestically and internationally. He has broad experience in Securities and Exchange Commission [including serving as an SEC fellow from 1979 to 1981] and other accounting and reporting requirements having been involved with numerous initial public offerings, secondary offerings, public merger filings and public and private company audits. He has extensive experience dealing with Boards of Directors, Audit Committees and Senior Executives of U.S public companies in accounting and reporting areas, along with strategic acquisition and other business matters.

Art is a member of the American Institute of Certified Public Accountants, as well as the Society of Certified Public Accountants in the states of Connecticut and New York. Art earned a Bachelor of Science degree in Accounting from St. John’s University in 1971.


Accounting Department and Students Honored by CTCPA Educational Trust Fund Program

In early November the CTCPA Educational Trust Fund (ETF) honored our Accounting Department, the Epsilon Lambda Chapter of Beta Alpha Psi, the UConn Accounting Society, and the UConn Student Chapter of the National Association of Black Accountants at the ETF’s annual awards banquet. The grants provided by the ETF help the Department and these three outstanding student organizations continue the many activities that make our program so successful and give those organizations the ability to expand those activities.

In addition to the above, Hasudin Pehratovic, a Junior accounting major won the Frank Frago Community Service award, given in remembrance of the late Frank Frago, a past President of the CTCPA Society. This is a competitive, state-wide award which requires applicants to submit an essay describing their community services activities.

Lastly, this summer Chris Brown ‘13 (MSA expected in May 2014) was selected to receive the ETF’s Merit Award for Academic Excellence. Chris is one of the many outstanding graduates of our 2013 accounting class and will be starting with Deloitte & Touche in the fall of 2014 after he completes our MSA program.

Congratulations to all of these students and their organizations-you make us very proud.


Accounting Department Develops an Online Advanced Certificate Bridge Program

The Department is frequently asked by graduate students and individuals in the work force with business degrees (as well as some who have non-business undergraduate degrees), if they can apply to our online masters of accounting (MSA) program. Unfortunately we usually have to decline because they have not taken the prerequisite undergraduate accounting courses. The next question they ask is whether they can take these required courses online at UConn. Soon we will be able to say yes!

The Accounting Department’s online Advanced Certificate and Bridge (ACB) program will offer four comprehensive accounting courses covering financial reporting, assurance services, and taxation over a one year period that, when completed, will result in a Certificate in Accounting. Applicants must have an undergraduate degree (any major) and have completed introductory financial and managerial accounting courses. After completing the ACB program, they can apply to our MSA program and receive credit for two of the ACB courses.

We think the online format of our ACB program will have broad appeal. As program director Amy Dunbar points out, “We are the leaders in online accounting education with our successful online MSA program. We will use our expertise to develop a quality online ACB program that addresses the needs of two constituencies; individuals who just want more accounting education than they currently have and those who would like to use the accounting courses as a bridge to an MSA program. We think the market place will welcome this program not only for the quality of its content, but because the courses can be completed by students anywhere.”

The program has been approved at the School of Business level. There are still other approvals required at the University level, but we hope to have the program up and running by the fall of 2014. Stay tuned for more information on this exciting opportunity for the Department.


Alum Lee Schlesinger ’82 Awarded the Mary H. Connolly Community Caring Award

The United Way of Naugatuck and Beacon Falls had more to celebrate at its 50th annual meeting than the organization’s golden anniversary.

The United Way exceeded its 2012 campaign goal by $15,000 and raised a total of $440,000, said Laurie Yelding, campaign chairwoman.

The evening’s highest honor — the Mary H. Connolly Community Caring Award — was given to Lee Schlesinger ’82. The Mary H. Connolly Community Caring Award is presented annually to recognize an individual or individuals who have demonstrated outstanding support to the United Way and the entire community and who have set the standard for service to the community.

Schlesinger, a Naugatuck native who now lives in Waterbury, is the associate director for Safe Haven of Greater Waterbury. Twenty years ago, he worked for Naugatuck Valley Savings and Loan. At the time, he was approached by Mary Connolly, who was the executive director of the United Way, about volunteering.

“Mary has that kind of personality where you just do not say no to her,” Schlesinger said. Schlesinger didn’t say no. He served on the United Way’s Board of Directors for two terms. He was treasurer for nine years and a member of the Allocations Committee, which controls the distribution of funds to local service agencies.

Schlesinger’s volunteerism extends beyond the United Way. He served as president of the board of directors of the Morris Foundation, which provided mental health and addiction services and is now part of Wellmore. For the past 12 years, he has been co-chairman of the Finance Committee for the American Cancer Society – Greater Waterbury Relay for Life. Lee has also been an event volunteer for Special Olympics’ Penguin Plunge. He was the recipient of the United Way of Naugatuck & Beacon Falls Van Allen Medal in 2012 and Connecticut Coalition Against Domestic Violence – First 100 Plus – honoring male leaders from across the state who have worked to raise awareness of the availability and access to domestic violence services in Connecticut. He also received the Volunteer Award from Morris Foundation.

“My first and sustained impression of Lee over the years is what an incredibly kind, compassionate and decent soul this is,” said Kevin DelGobbo, who introduced Schlesinger.

Schlesinger thanked Connolly for asking him to volunteer all those years ago and said he was honored to be recognized. “It is such an honor to even be considered for this award among the distinguished previous recipients,” he said.


Advisory Council Welcomes New Member

Stanley Veliotis, Ph.D. ’07

Stan Veliotis is an associate professor at the Fordham University Schools of Business. He received his Ph.D. from UConn’s School of Business in 2007 and then joined Fordham, teaching taxation and accounting. Before entering academia, he worked at law firms on business litigation, corporate and tax matters, and at two of the Big Four accounting firms, KPMG (New York and Paris) and Ernst & Young (New York). With nearly a decade in the Big Four, Stan specialized in the taxation of international employee compensation. His law and CPA licenses, as well as his certified equity professional designation, have remained continuously active. Empirical research areas in which he has published extensively include insider trading, earnings management, and the effect of tax law on taxpayer and market behavior. His policy work includes various inefficiencies of the tax law. His law degrees are from NYU (LLM) and Fordham (JD) and his Bachelors is from Baruch College CUNY.


The Tailgating Tradition Continues on Homecoming Weekend

The Accounting Department’s annual tailgating party on Saturday, October 12th was our biggest and best yet! Over 300 alumni and their families packed the tent from 10:00 until noon prior to the Homecoming football game against the University of South Florida Bulls. As if the great weather and all of this fantastic company wasn’t enough, we also had a rousing visit from the UConn Alumni Marching Band! Keep your eyes peeled next September for our 2014 event!



38th NABA Eastern Region Student Conference Prepares Students for Corporate World

Six members of the UConn chapter of the National Association of Black Accountants (NABA) attended the organization’s 38th Eastern Region Student Conference (ERSC) on October 10-13, 2013. The conference featured two and one-half days of workshops, seminars and interview sessions designed to better prepare minority students for careers in accounting and financial management disciplines. Continue Reading


Accounting Department Summer 2013 Newsletter Now Available

The Summer 2013 Accounting Department Newsletter is now available. There are many accomplishments by our students, faculty and alumni reported on the pages of this issue of the Newsletter. To highlight a few of these accomplishments, Emily Finn ’13 coordinated the VITA Program, which prepared 573 non-citizen tax returns. Emily and Kristina Allen ’09, ’13 MSA were selected as 2013 Hall of Fame Student Fellows. Annie Jensen ’13 was selected by the University Women’s Center as the School of Business recipient of the 2013 Outstanding Woman Academic Achievement Award. Congratulations to Ph.D. students Danielle Higgins and Li Qu for finishing their studies and best wishes for their faculty careers, Danielle at Baruch College and Li at Florida Atlantic University.

Congratulations to faculty members Sarah Rice and Dave Weber on their promotion to associate professors with tenure. Welcome to our new colleagues, Paul Glotzer and Arthur Schmeiser. Paul and Art bring a wealth of experience after distinguished service in the profession, Paul with the FASB and Shein, Cohen, Palmer & Company, LLC and Art as senior partner with Deloitte. In addition, we hope to add several tenure track faculty over the next two years.

» Access the Summer 2013 Accounting Department Newsletter (PDF)

In this issue:

  • Accountant of the Year
  • Annual Honors Banquet
  • New Advisory Council Members
  • Experiential Learning
  • Student Spotlight: Annie Jensen
  • Ph.D. Spotlight
  • 2013 Hall of Fame
  • Alumni Spotlights: Kimberly Foster, Pat Notti, and Scott Cowen
  • Alumni News & Notes
  • Faculty Accomplishments

Read the full newsletter here.


Accounting Graduate Accepted to Yale School of Management Global Pre-MBA Leadership Program

Kimberly Foster ’13, a recent graduate of the UConn School of Business accounting program has been accepted to the prestigious Yale School of Management Global Pre-MBA Leadership Program—a highly selective, two-week summer program aimed at college sophomores, juniors, seniors, and recent college graduates from populations typically underrepresented in management education.

This emphasis on leadership flows from the mission of the School of Management: to educate leaders for business and society. When students know how to inspire people, as well as manage capital, materials and ideas, they can become a more potent agent of change. The program will consist of learning business management skills, leadership knowledge, developing career inspiration, job search training and business school application guidance.

Whether or not attendees decide to pursue an MBA – at Yale or elsewhere – the Yale School of Management Pre-MBA Leadership Program will not only develop their practical knowledge of business and management, but also inspire attendees to develop and draw upon their leadership abilities in order to make a positive impact – in their personal and professional endeavors, and in the life of their community.

Kim is the former president of the UConn chapter of the National Association of Black Accountants (NABA) and was recently honored as “Outstanding Student Member” by the NABA Greater Hartford Professional Chapter. Beginning this summer, Kim will be working full-time for Ernst and Young.

Congratulations Kim!