Accounting

UConn: Low(er) Cost, High ROI

Posted on by Claire Hall

The Fochi family has a long and proud connection to the University of Connecticut because they believe it provides a great education for the money. Pictured above is alumnus Bill Fochi ’63 with his daughter, Kerry Fochi Sanders ‘93, and his granddaughter Ashley Fochi ‘19. (Contributed photo).
The Fochi family has a long and proud connection to the University of Connecticut because they believe it provides a great education for the money. Pictured above is alumnus Bill Fochi ’63 with his daughter, Kerry Fochi Sanders ‘93, and his granddaughter Ashley Fochi ‘19. (Contributed photo).

Kerry Fochi Sanders ’93 was born a businesswoman, according to her family. From an early age she had ambition, determination and a keen financial sense.Continue Reading

UConn Volunteers Complete 700 Tax Forms—For Free

Posted on by Claire Hall
Volunteers prepared taxes for over 700 people this year in the VITA Program. From left, graduate student Debadarshini Mishra, second-year reviewer Nicole Holyst and first-year preparers Jenny Wei and Qingya Yang.
Volunteers prepared taxes for over 700 people this year in the VITA Program. From left, graduate student Debadarshini Mishra, second-year reviewer Nicole Holyst and first-year preparers Jenny Wei and Qingya Yang. (Leanne Adams / UConn School of Business)

UConn Volunteers Complete 700 Tax Forms—For Free

As a political science Ph.D. candidate from Great Britain, Thomas Briggs joked that he would rather try to negotiate Brexit than have to fill out his U.S. income tax forms without assistance.Continue Reading

Student Consulting Group Earns First-Place in Region

Posted on by Claire Hall

Left to right, John McLaughlin, John Brindisi, Keyur Shah, and Matthew Frank accepting their awards at the "Case for a Cause" competition (Photo courtesy of John McLaughlin)
Left to right, John McLaughlin, John Brindisi, Keyur Shah, and Matthew Frank accepting their awards at the “Case for a Cause” competition (Photo courtesy of John McLaughlin)

A team of students from the UConn Consulting Group were the first-place champions in a regional “Case for a Cause” competition, proving their business-solution prowess against participants from other top universities.Continue Reading

IPOs that disclose ‘bad news’ go public at lower prices

Posted on by Claire Hall

(istockphoto.com)
(istockphoto.com)

As part of their professional responsibilities, external auditors must assess a cornerstone assumption of financial accounting: namely, whether there is substantial doubt that the company, whose financials they are examining, will continue to operate as a ‘going concern’ (GC). If they conclude that such doubt exists, they must disclose this in their audit opinion. Continue Reading

John Malfettone ’77 Named Foundation Board Chair

Posted on by Claire Hall

John Malfettone '77 (BUS) speaks about the importance of giving back to your alma mater, on the occasion of his induction into the School of Business Hall of Fame in 2017. (Nathan Oldham/UConn Photo)
John Malfettone ’77 (BUS) speaks about the importance of giving back to your alma mater, on the occasion of his induction into the School of Business Hall of Fame in 2017. (Nathan Oldham/UConn Photo)

John Malfettone ’77 became chair of the board of the UConn Foundation, the fundraising entity for the University of Connecticut, in October. Malfettone is a senior managing director at Clayton, Dubilier & Rice of New York City, one of the world’s Top 10 leveraged buyout private equity firms, from which he will retire at the end of the year.Continue Reading