Accounting Opportunities

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COB Accounting’s Annual Fear the Strike Event Raises $1K for Ronald McDonald House

On Monday, November 7, UCA Accounting held its annual networking and fundraiser event attended by 18 UCA accounting students, 4 faculty/staff, and 16 professionals.

Teams included firm representatives and students competed in a bowling tournament, and the highest average score won a donation to the charity of their choice. The Landmark team won, so the Ronald McDonald House will receive a check for $1,000.

Other great teams of the evening included Centennial Bank, Ernst & Young, Forvis, Frost, Garland & Greenwood, HCJ, and Hogan Taylor.

The annual event is a way for accounting students to engage with professionals of the industry in a fun and relaxed setting.

Accounting Students Make an Impact through the VITA Program

Every year, hundreds of thousands of dollars are unclaimed when citizens do not file tax returns. Many do not file because they believe they can’t afford to file their taxes, but the Volunteer Income Tax Assistance (VITA) program can help qualified tax payers file their returns for free. The program, allowed by the IRS, offers free tax help to people who make $57,000 or less, persons with disabilities, the elderly, and limited English-speaking taxpayers who need help in preparing their own tax returns.

Macy Dillard

For students, VITA is a great opportunity to gain experience and give back to the local Conway community. Led by UCA Accounting Professor Ashley Phillips, the program is open to COB students who would like to volunteer or earn college credit in accounting. VITA volunteers receive training and can either prepare returns or do intake. Experienced CPAs then review each return.

“Taxes are stressful for many people, and by helping through the VITA program, I was able to alleviate a big part of that burden. During review meetings, I could see the gratitude and relief wash over my clients’ faces,” said accounting student Macy Dillard.

Last year, students volunteered approximately 420 hours to return more than $324,000 of taxpayer money to the community through the preparation of over 250 tax returns for low-income taxpayers in the region.

“I am so thankful for the big difference I got to make as just a student for both individuals, their families, and the local community as a whole. It is an amazing feeling to see firsthand how much you are helping someone. On top of that, I got great experience, developed my social skills, and gained volunteer hours,” Dillard added.

To receive college credit, students must register for the course that occurs in spring, complete at least 25 tax returns, complete a total of 80 hours (3 hours per week) at United Way. To find out more, contact Professor Ashley Phillips about how to register for the course in spring 2023.

If you need help preparing your tax return in early 2023, learn more about getting help from VITA in Central Arkansas.

Innovation Challenge 2 Winners Announced

Congratulations to our Imagine Lab Innovation Challenge 2 winners: Savannah Conly, Grayson Pinson, and Veronica Bertolusso!

The competition launched early this fall, and this time students were challenged to select a day in September and tell us how to celebrate it in a big way. Using tools found in the Imagine Lab (3rd Floor of UCA’s College of Business), the competition winners designed a big-time celebration that, at the least, brings people together.

Many thanks to Stoby’s, a long-time Arkansas favorite, for contributing to our prizes for our first place winners!

See Related Article: Innovation Challenge Series at UCA: First Winners Announced!


First Place: Savannah Conly – ($100 value prize) + Stoby’s prize

Cinema day is a day all about relaxation, connecting with your friends and family, and having fun. By making this a National Holiday, it brings people together and allows them to enjoy something together. It caters to all ages, it brings people together, and creates a new market for a different spin on gift giving.


Second Place: Grayson Pinson ($50 value prize)

The Birth Day is a day where we recognize everyone’s birthday on one day. It doesn’t replace your actual birthday; instead, it is a day that we can all come together to commonly celebrate one day that we all love. It solves all gift-giving problems related to birthdays. We now have one centralized day that gifts can be expected rather than having to decide who you will gift a gift to on their actual birthday. It is a day I would personally also love to celebrate- it sounds very fun for everyone to have a birthday at the same time.


Third Place: Veronica Bertolusso ($25 value prize)

My proposed day of celebration is the International Student Day! It would be celebrated yearly on September 28. ISD will allow international students (and not!) to get together and appreciate all cultures from around the globe. During ISD international students will celebrated together throughout one big cookout where everyone will make their most loved Home meal and will later be followed by a karaoke night with song in each home language. ISD is celebrated during the first two weeks of Hispanic Heritage Month. However, many cultures not only aren’t celebrated well enough, but some of them are still unknown! ISD would help solve this issue and expand cultural knowledge to international students and not! And who doesn’t love a good cookout and karaoke night!


Congratulations to these winners. Stay tuned for the announcement of our next challenge on Monday, October 10!

Innovation Challenge Series at UCA: First Winners Announced!

See related post: Innovation Challenge Series Released at UCA

The first two winners of our new and exciting innovation challenge are Connor Tuttle and Savannah Conly! The competition launched in the COB Imagine Lab last week challenging students to design a suitcase that accommodates clean clothes at the beginning of a trip and dirty clothes during and at the end of a trip. Using tools found in the Imagine Lab (3rd Floor of UCA’s College of Business), the competition winners designed a suitcase that overcomes this core challenge.

Best-upgraded design – $100 value prize: Connor Tuttle

Many thanks to Stoby’s, a long-time Arkansas favorite, for contributing to our prizes for our first place winners!

In his submission, Connor said:
“Imagine a for-the-most-part normal ole’ suitcase, with a golden twist addressing an issue that has been around for decades! The fundamental design premise behind this suitcase is that down the middle of the main compartment there is a stretchy nylon divider that allows for different proportions of clothes to be held on either side depending on how far along you are on your trip! The front-facing section of the suitcase has the typical small, medium, and large compartment. The back, however, is also accessible for dealing with dirty laundry. Taking up approximately half of the top portion of the back-facing side will be a zipper compartment housing all of the tools necessary to temporarily deal with dirty laundry while on the go. Within the flap in the back, there is a mesh-like pocket to slide dryer sheets that have been folded twice right into the space to serve as a form of temporary air freshening.”

Second Place Design – $50 value prize: Savannah Conly

Savannah branded her suitcase and described her design as, “a suitcase designed to help keep you organized, from the beginning to end of a trip. With the detachable laundry bag, clothes rack, and hard shell, it is easier than ever to Rome more organized than ever before. Not only does it offer a way to keep your clean and dirty clothes separate, it offers an at-home closet feel, and you lose no space to pack.

Stay tuned. The first challenge was for students, but we will be engaging other friends on and off campus this semester. Get ready to compete! Teams are welcome. Email for questions or details. And if you plan to compete in the next challenge, request access to the Imagine Lab now!

Department of Marketing & Management: mktgmgmt@uca.edu

UCA’s Beta Alpha Psi Chapter Wins First Place in International Competition

Pictured (R to L): Kaidan Zheng, Tristen Porter, and Harris Felton

UCA students traveled to Orlando, Florida during the last week of July 2022 for the Beta Alpha Psi annual meeting of all chapters.

Before the meeting started, the students enjoyed an Arkansas BAP Connection breakfast sponsored by the Arkansas Society of CPAs. During the meeting, the students networked, provided community service, attended professional development meetings, and participated in multiple competitions.

After their regional win earlier this year, the Chapter qualified to compete at the conference and brought home the INTERNATIONAL FIRST PLACE award in Best Practices in the Art of Engagement for the Resume Escape Room they hosted for students last spring. This is UCA’s 3rd international first place in Beta Alpha Psi Best Practices. Congratulations to students Harris Felton, Tristen Porter, and Kaidan Zheng for their excellent work!

Additional UCA Recognition at the Annual Meeting:

  • Beta Alpha Psi recognized UCA as a superior chapter.
  • Daniel Wheeler competed in Project Run With It, a real-world consulting project.
  • Dean Michael Hargis received the Outstanding Dean Award.
  • Dr. Connie McKnight became a Chapter Advocate for the Southwest Region.

The students also took advantage of their time in Orlando to have some fun!

Beta Alpha Psi is an honor organization for financial information students and professionals with over 300 chapters internationally. The organization promotes academic excellence, professional development, and responsible practices.

UCA’s Beta Alpha Psi Chapter Achieves Superior Status for 2021-2022

Congratulations to our Beta Alpha Psi students and to Connie McKnight and Ashley Phillips, our tireless faculty advisors, for another year of superior status!

To be a superior chapter, the registered student organization met the following requirements:

  • Average member completed at least 32 hours of service and professional development (at least 12 each)
    >265 hours of professional development
    >555 hours of service
  • Chapter completed at least 8 reaching-out activities including attending conferences; competing in best practices and project run-with-it; alumni activities’ multi-chapter events; and promoting careers in accounting, finance, information systems, and/or data analytics.

In addition, the chapter accomplished:

  • 1st place at Regionals for Best Practices in The Art of Engagement (Escape Room)
  • 2nd place at Regionals for Best Practices in The Art of Change (changing meeting formats)
  • $2375 donated to various charities (cash and items)

Beta Alpha Psi is an honor organization founded in 1919 for financial information students and professionals. There are over 300 AACSB- and/or EQUIS-accredited chapters on university campuses with over 300,000 members. Beta Alpha Psi recognizes scholastic excellence, offers professional development, and encourages ethical, social, and public responsibility.

The BAP Theta Lambda chapter of University of Central Arkansas focuses on honoring scholarship, professional development, and service to the community. Members have the opportunity to meet and get to know professionals from all areas of accounting, and they learn skills needed to be successful in careers in accounting, finance, information systems, and analytics.

The Best of College of Business: 2021-2022

The UCA College of Business delivers experiences that prepare and inspire students to be ethical, innovative and engaged business leaders who positively impact their communities. We are committed to a culture of excellence across all programs, activities, and events, with a focus on action-based learning and student success and retention.

Despite disruptions due to COVID during our last academic year, our students and alumni have overcome obstacles and risen as leaders. Several COB alumni were honored for their efforts in their communities and workplaces while our students volunteered at food pantries, prepared free tax returns for low-income Arkansans, and earned awards.

This annual review gives a brief look at this year’s student, alumni, and faculty success as well as evidence of our commitment to engaged learning.

If you have a story of success or accomplishment from 2021-2022 to add to this list, or anytime in the future, please send it to US.

Sincerely,
Michael Hargis
Dean, UCA College of Business



NEW & NOTEWORTHY

To address the changing business environment, COB expanded to add three new Applied Data Analytics programs:
– a Bachelor of Science
– a Master of Science
– and a technical certificate.

COB welcomed new Marketing & Management Department Chair, Dr. Tracy A. Suter, who began his role at the start of the spring semester.

Dr. Suter has taught and led at 5 institutions over the past 25 years; has authored many academic articles and textbooks and served in other administrative capacities; most extensive experience was as a 15-year faculty member at Oklahoma State University.

Learn more about his credentials, career, and interests.

COB Student Ambassadors engage, connect, and serve as representatives for our college. Twenty-one students took on the task of serving as COB’s first ever group of ambassadors.

They have talked with incoming students, received swag and headshots, and experienced unique development opportunities available only to ambassadors.


AWARDS & RECOGNITION

Economics student Caleb Vines won the Student Research Award at the 2022 Society of Business, Industry, and Economics (SOBIE) conference.

Several other COB faculty and students across all disciplines also presented papers at the SOBIE and International Academy of Business Disciplines (IABD) conferences this spring.  MORE

COB named its Outstanding Students who were chosen because they combined exemplary academic performance with internships, volunteerism, professional development, experiential education, and participation in clubs and other important experiences.

Daisy Martinez Carranza took home the top honor of COB’s 2022 Outstanding Student. READ MORE

UCA’s Master of Business Administration (MBA) program was named to the Princeton Review’s 2022 Best Online MBA Programs and University HQ’s Best Arkansas MBA Programs list.

Associate Professor of economics and ACRE Scholar Jeremy Horpedahl received the Public Choice’s Duncan Black Prize for the best article contributed by a senior scholar.

Karen Shaw, a member of the COB Board of Advisors, was named 2021 CFO of the Year by Arkansas Business.

Shaw was a leader even during her UCA days, as a charter member of Beta Alpha Psi, but her leadership development didn’t stop there. Learn more about Karen’s leadership as a business and community leader.

Several COB alumni, including Joyti Lal (pictured), Ericka Gutierrez, and Scott Dews were named as rising business and community leaders by Arkansas Business.


Three teams representing UCA’s MBA program placed among the top 100 performers in a worldwide business simulation competition called GLO-BUS. Nearly 2,000 teams from 99 colleges and universities competed.


Congratulations to COB’s Theta Lambda Chapter who earned first place at the 2022 Beta Alpha Psi regional conference competitions in the category of Best Practices in the Art of Engagement and will compete at the conference in Orlando this summer. The chapter also earned a second-place win for Best Practices. MORE

In addition, UCA’s chapter of Beta Alpha Psi achieved superior status for 2021-2022 from the national chapter. To be a superior chapter, the registered student organization met the following requirements:

  • Average member completed at least 32 hours of service and professional development (at least 12 each)
    >265 hours of professional development
    >555 hours of service
  • Chapter completed at least 8 reaching-out activities including attending conferences; competing in best practices and project run-with-it; alumni activities’ multi-chapter events; and promoting careers in accounting, finance, information systems, and/or data analytics.

Congratulations to our Beta Alpha Psi students and to Connie McKnight and Ashley Phillips, our tireless faculty advisors, for another year of superior status!


CAREER DEVELOPMENT & SERVICE LEARNING

More than 65 volunteers and students from UCA’s Biz@Bear Residential College collected over $1650 worth of personal care donations for children in Arkansas foster care.

This event ended an academic year with more than 1800 student engagement hours led by Academic Director, Dr. Louisa Moseley; over 200 of those were service hours. MORE

Accounting Professor Ashley Phillips was awarded the Peter J. Mehl Service-Learning Faculty of the Year Award for her work with the Volunteer Income Tax Assistance (VITA) program. Under her leadership, students volunteered approximately 420 hours to return more than $324,000 of taxpayer money to the community through the preparation of over 250 tax returns for low-income taxpayers in the region.

Sixteen business professionals connected with COB students at the annual Women in Business Sixteen business professionals connected with COB students at the annual Women in Business luncheon for which a panel and table leaders shared the “Top 5 Things Women in Business Need to Know.”

 Beta Alpha Psi hosted a COB Escape Room of intricate puzzles for students to solve. To “escape,” participants applied tips for create an effective resume. READ MORE

In ’21 & ’22, COB and Acxiom partnered to provide a four-day Information Technology (IT) Careers Camp for high school students.

During the camp, students stayed on UCA’s campus, were mentored by industry experts, and participated in exercises in programming, cybersecurity, robotics, 3D modeling, and 3D laser printing.

Congratulations to all of our graduates in 2021-2022!



If you have a story of success or accomplishment from 2021-2022 to add to this list, please send it to the UCA College of Business.

For year-round news and updates from the UCA College of Business, make sure to visit uca.edu/business/news.

Accounting Professor Ashley Phillips Awarded the Peter J. Mehl Service-Learning Faculty of the Year Award for VITA Program

Professor Ashley Phillips of the Accounting Department has been awarded the Peter J. Mehl Service-Learning Faculty of the Year Award for 2021-2022. She partners with the United Way of Central Arkansas to offer the Volunteer Income Tax Assistance (VITA) Program to low income taxpayers in our region. Ashley offers a service-learning course for UCA students, who earn the necessary IRS certification, and prepare the tax returns.

UCA accounting students did an amazing job this tax season as part of the VITA program at United Way of Central Arkansas (UWCA). Five UCA accounting majors took the VITA course for credit, and of the five taking it for credit, four volunteered over 80 hours (Macy Dillard, Joseph Howe, Jonathan Humphrey, and Jakob Ligon). There were an additional six UCA accounting majors who volunteered. These students volunteered approximately 420 hours.

UWCA filed 255 federal tax returns as part of the VITA program. UCA accounting students prepared 253 of the 255 returns. These returns brought back over $324,000 to the local community.

Congratulations Ashley!

And way to go VITA student volunteers.

COB Dean Hargis Receives 2022 Outstanding Dean Award From International Honor Organization

The Dean of the UCA College of Business, Dr. Michael Hargis, has been selected to receive the 2022 Outstanding Dean Award by Beta Alpha Psi (BAP), an international honor organization for financial information students and professionals.

Dr. Hargis was nominated by UCA’s Theta Lambda Chapter and will be presented with the award at the Annual Beta Alpha Psi meeting in Orlando in late July. In the nomination, UCA’s chapter called Dr. Hargis a “fierce advocate” for the College of Business and cited his “amazing impact” on the BAP Theta Lambda chapter. The nomination detailed his support of the chapter’s expansion as well as BAP members’ development and achievements.

In its letter notifying him of this award, the BAP National Office told Dr. Hargis, “while this year’s nominees were very competitive, you stood out based on your consistent and longstanding commitment to Beta Alpha Psi. Your selection was based on your hands-on engagement, and your significant financial and operational support to the chapter that positioned them to achieve their goals and objectives. Overall, the committee was quite impressed with your achievements considering the long history of outstanding performance of the Theta Lambda chapter.”

Beta Alpha Psi is an honor organization founded in 1919 for financial information students and professionals. There are over 300 AACSB- and/or EQUIS-accredited chapters on university campuses with over 300,000 members. Beta Alpha Psi recognizes scholastic excellence, offers professional development, and encourages ethical, social, and public responsibility.

The BAP Theta Lambda chapter of University of Central Arkansas focuses on honoring scholarship, professional development, and service to the community. Members have the opportunity to meet and get to know professionals from all areas of accounting, and they learn skills needed to be successful in careers in accounting, finance, information systems, and analytics.

Beta Alpha Psi Hosts Escape Room to Engage Students in Career Readiness

Two days in late January, Beta Alpha Psi hosted the COB Escape Room for which the RSO created intricate puzzles students had to solve to “escape” the (unlocked) room. Over 115 people participated in the escape experience with 99 undergrads and 16 graduate students, alumni, and faculty. Most participated in person, but a few were able to take part virtually.

During the experience, participants found clues around the room and used them to solve puzzles all in an effort to build a proper resume. The engaging exercise directed teams of two to discover common mistakes and recommended practices for creating a great resume.

“It felt like the full escape room experience,” said Junior Business Administration major Noah Willis. It showed me how to get my resume in order, what to put, what not to put. I think this has taught me how to create a better resume.”

Escaping required problem-solving, teamwork, and critical thinking. Even the most experienced resume writers learned a thing or two.

See more photos