Short takes, notes and items of interest
Fellows Find Path to Success
¤ The SEC's Office of the Chief Accountant recently selected two professional accounting fellows, who will study and help develop rule proposals and work with both standard-setting bodies and registrants. Serving two-year terms are Dominick J. Ragone, a senior manager in PricewaterhouseCoopers' capital market advisory services group in New York, and Scott A. Taub, an experienced manager in Arthur Andersen's professional standards group in Chicago. CPAs who wonder what such a position could do for their careers should note the fellowship program boasts SEC Chief Accountant Lynn E. Turner as one of its alumni .
Business Valuation Rolls On
¤ The AICPA administered its second accredited-in-business valuation (ABV) examination in November 1998; 329 of the 440 candidates who sat for it passed. The next exam will be November 1, 1999. More details about the ABV designation are available at www.aicpa.org .
Honors for CPA/Teacher/Author
¤ The Federation of Schools of Accountancy gave Jan R. Williams, CPA, PhD, the 1998 Joseph A. Silvoso/FSA Faculty Award of Merit, which is co-sponsored by KPMG LLP. Williams is Ernst & Young Professor of Accounting and associate dean in the College of Business Administration, University of Tennessee, Knoxville, and president-elect of the AAA. Since 1993 he has written Harcourt Brace's Miller GAAP Guide .
¤ AccountingNet, Great Plains and John Wiley & Sons announced the winners of Account for Your Future scholarships—Brian Durst (University of Wisconsin at Madison), Ted Sheen (University of Tennessee) and Denesh Gunasekerampulle (North Dakota State University). The program is run entirely online. Chosen from among more than 600 student applicants worldwide, each winner gets $1,000. Students are judged on academic record, communication skills and their understanding of, and interest in, the relationship between accounting and technology. For details, go to www.accountingnet.com .
He's True to His School
¤ CPAs are known for their skills in managing money, but Gordon Ford is likely to be remembered for the money he gave away. He just donated $10 million to his alma mater, Western Kentucky University, and the grateful institution renamed its business school the Gordon Ford College of Business. Additionally, the school has established a new position, the Mattie Newman Ford Professor of Entrepreneurial Studies, named in honor of Ford's mother, also a WKU graduate. Ford is a former vice president of the Institute and a former editorial adviser to the Journal. He was a founding partner of Yeager, Ford and Warren in Louisville, Kentucky, which later merged with Coopers & Lybrand (now PricewaterhouseCoopers). In February, Ford celebrated his 60th anniversary as a member of the AICPA .