Master in Professional Accounting Admissions News

Insider Information for Prospective Texas McCombs MPA Students

Category: MPA Program Info (page 9 of 18)

REGISTER: Upcoming Virtual MPA Events

Are you interested in learning more about the Master in Professional Accounting (MPA) program at Texas McCombs? Join us for a virtual event! Coming this spring are MPA info sessions and a panel where you will meet current MPA students and alumni who have experienced the program and started their careers in accounting.

Sign up for an event below!

TRADITIONAL MPA INFO SESSIONS

Explore the MPA application and admissions process, curriculum and career outcomes, and what life is like in Austin.

Thursday, January 20 from 5:00 – 6:00 p.m. CT

Tuesday, February 15 from 12:00 – 1:00 p.m. CT

CURRENT STUDENT AND ALUMNI PANEL

Current MPA students and alumni will join us to discuss their time in the MPA program and also answer your questions.

Thursday, February 24 from 5:00 – 6:00 p.m. CT

 

We look forward to seeing you at an upcoming virtual event!

REGISTER: MPA Current Student and Alumni Panel

Join us at the Master in Professional Accounting (MPA) Current Student and Alumni Panel to meet five people who have experienced the MPA program first-hand. You’ll hear about their time in the program, why they chose to study accounting, and their career path since graduating from the program. Plus, you’ll get the chance to ask the students and alumni questions.

Register here! We’ll see you Tuesday, November 30 from 5:00 – 6:00 p.m. CT.

Meet the Panelists:

Kashif AliKashif Ali, MPA ‘22  –  Current Student
Kashif is an integrated MPA student who will be graduating this spring. He has held multiple internships in both public accounting and industry organizations, including data strategy and accounting at Amherst Holdings, tax management consulting at Deloitte, and financial analysis at Amazon. This summer after graduation, he will going to work full-time at Amazon as a Product Manager.

Marie ChhiberMarie Chhiber, MPA ‘22 –  Current Student
Marie received her undergraduate degree from Georgia State University in Cello Performance. As she pursued her music career and ran her own business, she discovered she enjoyed accounting (especially tax) and decided to take the plunge and change careers. Marie is seeking a tax accounting role with a medium- to large-sized tech-forward company and will be pursuing the CPA licensure.

Chad ClarkChad Clark, MPA ‘09 –  Director of Financial Markets, PwC
Chad has spent more than 12 years in PwC’s Financial Markets and Real Estate practice. He is a subject matter specialist, focused on the taxation of securitization transactions and tax reporting for entities that hold or issue debt and complex financial instruments. His professional experience includes tax planning and reporting for corporations that hold or issue complex financial instruments, taxation of securitization transactions, and developing and enhancing tax applications and processes for debt transactions.

Cesar GuerraCésar Guerra, MPA ‘06 –  Sr. Director-Process Excellence, Aon
César is Senior Director for Process Excellence for Automation & Transitions at Aon. His job is primarily focused on delivering reusable and scalable solutions that will help drive process optimization and efficiency globally. He currently leads a multi-disciplinary organization across the US, UK, India, and Poland. Prior to joining Aon, César was both at Amazon and General Motors. Throughout his career, he has held several leadership positions across multiple areas such as M&A, Finance, Accounting, Internal Audit and Business Services.

Katy McNeyKaty McNey, MPA ‘11 –  Sr. Manager, KPMG
Katy joined KPMG Dallas in January 2012 after graduating from the MPA program. As a Tax Senior Manager and CPA, she has over nine years of experience assisting clients with US tax compliance and consulting related to cross-border transactions. From January 2015 to April 2016, Katy served as a Seconded Assistant Manager within KPMG Hong Kong’s US tax practice. She also has significant experience managing large internal teams in a virtual environment and has been selected to serve on various internal KPMG councils which focus on firm strategy and growth.

Register Today!

Register for an Upcoming MPA Program Info Session

Attend upcoming MPA info session

Learn more about the top-ranked graduate accounting program in the nation! Sign up for a virtual Master in Professional Accounting program info session:

At our info sessions, you’ll hear information about the Master in Professional Accounting admissions process, curriculum, and career outcomes, as well as what life is like at McCombs.

Whether you’re currently in college or just starting your career, move ahead fast by earning a one-year specialized master’s degree in accounting at the McCombs School of Business at The University of Texas at Austin.

We look forward to meeting you soon!

Register Today!

Register for the Upcoming MPA Faculty Panel

Discover more about earning your Master in Professional Accounting degree by meeting the faculty who teach in the program at our upcoming webinar on Thursday, October 28 from 5:00 – 6:00 p.m. CT.

Join us at the Master in Professional Accounting (MPA) Faculty Panel to meet Professors Gretchen Charrier, Steve Goodson, Donna Johnston-Blair, and John McInnis. You’ll hear about their backgrounds and why accounting is such an important facet of business, as well as get your questions answered on the MPA curriculum, the classes they teach, and what life is like in the program. The panel will be facilitated by Program Director Kristina Zvinakis.

We hope to see you there!

Thursday, October 28 from 5:00 – 6:00 p.m. CT – REGISTER

Gretchen CharrierGRETCHEN CHARRIER
Fall 2021 Class: Governmental Accounting

Gretchen earned her bachelor’s in accounting at the University of Kentucky and is an alum of our very own MPA program here at The University of Texas at Austin. Prior to pursuing her MPA degree, Gretchen worked with KPMG and PwC. She has been teaching at the McCombs School of Business since 1997.

 

Stephen GoodsonSTEVE GOODSON
Fall 2021 Class: Internal Auditing and Control

Steve has worked as audit and quality assurance staff and as a consultant for companies ranging from the Texas Department of Public Safety to the National Football League. Before coming to Texas McCombs, he was the Chief Internal Auditor for the University of North Texas and has been teaching in the MPA program since 2016.

 

Donna Johnston-BlairDONNA JOHNSTON-BLAIR
Spring 2022 Classes: Tax Practicum & Taxation of Entities

Donna earned her MBA from the University of Toronto and is CPA certified in California, Colorado, and Texas. After working in public accounting as a tax manager, she started her own tax consulting firm and began teaching at universities. Donna has been with Texas McCombs since 2013 teaching financial, managerial, and tax accounting.

 

John McInnisJOHN McINNIS
Fall 2021 Class: Financial Accounting Standards and Analysis II

After earning his bachelor’s and master’s from The University of Texas at Austin, John received his PhD from the University of Iowa. He has been teaching financial accounting in the MPA program since 2008 and has published articles in top scholarly journals including The Accounting Review, Journal of Finance, Management Science, and more.

Meet Kristina Zvinakis, MPA’s New Program Director

Kristina ZvinakisOn September 1, 2021, the Master in Professional Accounting program welcomed its new Program Director, Professor and Assistant Department Chair Kristina Zvinakis! Read on to learn more about Kristina, her path to Texas McCombs, and her goals for the MPA program.

Tell us a bit about how you came to be at UT.

While it’s hard for me to believe, this is my 15th year at McCombs. I earned my PhD here and then taught at a couple of different universities after I graduated. I returned to UT Austin when our then Department Chair, Ross Jennings, invited me to come back to teach tax classes. I count is as one of the better decisions I’ve made.

What drew you to study accounting and to a career teaching accounting?

I grew up in a family that believed in the importance and value of education to secure a successful future. We (my two sisters and I) were steered toward business as a major, as that seemed to be a good foundation for many careers. When I started college (at the University of Illinois Urbana Champaign), I didn’t know much about business. I was drawn to my accounting classes initially because of the problem-solving nature inherent in the class content. As I got further into coursework, I realized that I liked learning about, thinking about, and trying to sort out how regulation (i.e., the different accounting systems) affects the behavior of individuals and businesses. Reflecting on my education, I know that I didn’t appreciate how lucky I was to have such good professors. My undergrad and PhD program faculty cared deeply about their students, invested tremendously in their teaching, and were willing soundboards and mentors. Those faculty were a big part of the reason that I chose an academic career path. I hope that through my teaching I am paying back what they did for me.

What classes do you teach/have you taught at McCombs?

Tax Research and Corporate Tax are my primary classes; I’ve also been fortunate to teach in our summer study abroad programs.

Tax Research is a challenging course to teach and, as a result, it’s a very rewarding class to teach. In class we first learn about the different sources of tax law. After that, I ask the students to apply what they have learned to determine and explain the tax consequences of a particular transaction.

My observation is that people who have interesting jobs often are working on solving difficult problems. As such, I try to assign challenging tax-research problems. I hope that by helping students develop a framework for problem solving and then giving them some practice applying that framework, they will develop skills that will be useful to them after the leave our program.

What’s your vision for the MPA program?

Keeping the program as well-respected as it is now is high on my agenda. My vision for the program doesn’t encompass a radical overhaul, but includes two broad goals. First, I want to ensure that our curriculum is not only current on the dimension of accounting knowledge, but relevant in the context of the business environment today’s students will enter. The Department of Accounting recently added an environmental, social, and governance (ESG) elective to the accounting curriculum, and our faculty are working hard to incorporate more analytics into their classes. We have a responsibility to ensure that our students learn as much accounting as possible while in our programs. However, we also have a responsibility to ensure that our students appreciate the role of accounting in an evolving business environment.

Second, given the proliferation of non-accounting master’s degrees, we need to be mindful and make sure that students are aware of the breadth of careers available to someone with an accounting background. Our graduates take jobs in a variety of industries and often use their accounting knowledge to distinguish themselves from their peers and leverage themselves into leadership roles. My job as a faculty member and as MPA Program Director is to ensure that students acquire the skills and the knowledge that allow them to find interesting and meaningful work. An accounting major can open doors to many different careers.

What’s an interesting fact about you people may not know?

I am Lithuanian and that heritage is on both sides of my family. As World War II was ending, my mom and her family fled Lithuania and eventually emigrated to the U.S. We grew up speaking Lithuanian, attending Lithuanian school on Saturdays, and going to Lithuanian summer camp (in Michigan, about 80 miles west of Detroit). Every year for one week of the summer, I volunteer at that same camp (my job involves working in the kitchen, which is not something that I know much about, so I learn something new every year).

Many of the people I grew up going to summer camp with also volunteer and some of my cousins are integral in organizing the week during which I volunteer, so I get to spend time with people who I have known forever but don’t get to see very often. Austin doesn’t have as large a Lithuanian community that I grew up with in Chicago, so I enjoy reconnecting with my Lithuanian heritage during the summer.

Register for an MPA Program Info Session

MPA info session blog post

Learn more about the top-ranked graduate accounting program in the nation! Sign up for a virtual Master in Professional Accounting program info session:

At our info sessions, you’ll hear information about the Master in Professional Accounting admissions process, curriculum, and career outcomes, as well as what life is like at McCombs.

Whether you’re currently in college or just starting your career, move ahead fast by earning a one-year specialized master’s degree in accounting at the McCombs School of Business at The University of Texas at Austin.

We look forward to meeting you soon!

Register Today!

Meet Dave Platt, Accounting Faculty and UT’s Vice Provost for Undergraduate Academic Affairs

Since 1996, David Platt has called UT home. He has touched the lives of thousands of students teaching managerial and cost accounting in the BBA, MPA, and various MBA programs. Let’s learn more about Dave and his current role as UT’s Vice Provost for Undergraduate Academic Affairs.

Meet Dave Platt

Dave Platt did not set out to earn a PhD in accounting. After working as an auditor for PwC in Philadelphia and then in industry, he returned to Cornell intending to earn his PhD in operations management. While in grad school, he found that there was a discipline called managerial accounting that sat at the intersection of accounting, finance, marketing – and he was hooked!

While at Texas McCombs, Dave wore a variety of different hats. He began as a faculty member and researcher, and then added the director of the Center for International Business Education and Research to his resume. After 12 years in that role, Dave became Associate Dean for Undergraduate Education, where he stewarded the operations of the BBA program. In 2019, he joined the Provost’s Office as Vice Provost for Undergraduate Academic Affairs.

In his first 18 months in the Provost’s Office, Dave concentrated on building a working network among the many different undergraduate programs at UT, to make the academic experience the very best it can be across our large and diverse university. Dave notes that “UT is a big place, but it’s important that for any given student it feels like it is a small, tight-knit community.”

Dave has dedicated 12 of the last 18 months largely to responding to the COVID-19 pandemic and trying to do so in a way that, as much as possible under our current operating constraints, keeps undergraduate education at UT going strong. While he misses teaching students, their well-being and educational experience are both still paramount concerns for him.

Dave cross-country skiing with his wife, Nancy.

Dave cross-country skiing with his wife, Nancy.

In his spare time, Dave loves to read, particularly history, and spends as much time as possible in the mountains skiing, hiking, and enjoying the fresh air with his wife, Nancy. And like so many of us, he picked up a few new hobbies during the pandemic. “I’m finally learning to play guitar, something I’ve always wanted to do, and I’ve gotten into making ice cream and dreaming up new recipes,” Dave said. “I even based one on shoofly pie, which I remember from growing up in Pennsylvania.”

Meet John Bober, MPA ’82

From earning an undergraduate degree in history to making a professional pivot into accounting and finance, John Bober (MPA ’82) has had a long and successful career. After earning his Master in Professional Accounting, John started at Arthur Andersen and quickly made partner. He then transitioned to GE Capital, where he spent nearly 23 years of his career. John retired in March 2018 and is now a consultant in the leasing industry. He is also a long-time supporter of our Department.

TELL US MORE ABOUT YOUR CAREER AT GE.
I joined GE Capital after more than a decade in public accounting and right after making partner. It was one of the best career decisions I made. The breadth of experience and wisdom I gained at GE were unparalleled. Over my 23 years, I had roles in controllership, finance, risk, and general management. My favorite stints were those I had in project finance, where I led the group that analyzed the accounting and tax implications of investment structures and established investment hurdle rates. I also had other responsibilities within the larger GE organization, including lease pricing and serving as the finance group’s subject matter expert for leasing. At the time, responsibility at GE went to the person and not the position, which allowed for considerable professional growth.

HOW ARE YOU STAYING BUSY IN RETIREMENT?
Since retiring, I have stayed active in the industry. I am now a consultant with The Alta Group, a global consultancy dedicated to equipment leasing and finance — it’s a very interesting world and I enjoy consulting on lease accounting, pricing, and operations. My deepest experience is on the lessor side, and spending time on transactions and establishing lease programs and captive finance arrangements is where my retirement days usually go.

WHY DID YOU JOIN THE DEPARTMENT’S ADVISORY COUNCIL?
Maybe I am a frustrated academic… I enjoy learning what is being taught, and it is great to hear what is on the minds of students and what they are looking for. It was especially helpful when I was recruiting on campus for GE.

WHY DID YOU SWITCH FROM HISTORY TO ACCOUNTING AND FINANCE?
I figured out in college that I needed a skill that I could monetize. I had the opportunity to work in foreign policy, but I passed as UT offered me a fellowship to study accounting in a great program. I do credit my liberal arts courses with helping me learn how to think and process large amounts of information. My history degree also taught me to write, which has served me well.

WHAT DO YOU REMEMBER MOST ABOUT YOUR TIME AT TEXAS McCOMBS?
In the early 80s, there was much to talk about in accounting from a theory and public policy perspective; I thoroughly enjoyed the courses that emphasized the “why” and how accounting information is used. This served me well in the second half of my career, when I was more of a thought leader in the accounting world. I also remember how Michael Granof’s two government accounting courses gave me a window into a different world.

Learn more about starting your journey in accounting at Texas McCombs MPA by visiting our website.

Three Little Letters: CPA

In December, the National Association of State Boards of Accountancy (NASBA) announced 2019 CPA exam pass rates. UT Austin trailblazed its way to the top of the list for first-time test takers at large collegiate programs (60 or more test takers). Read on to learn more about how the current exam is scored, test-taker outcomes, and upcoming changes to the exam.

The CPA exam is a 16 hour assessment divided into four sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG).

In 55 jurisdictions nationally (50 states and five U.S. territories), nearly 83,000 candidates took the CPA exam in 2019. Of these candidates, approximately 63,000 were first-time test takers and close to 23,000 passed either all parts or the final section of the exam.

In 2019, UT Austin had 358 first-time candidates sit for the exam; 89.5% passed all parts on that first try – an exceptionally high percentage. For all 2019 test takers, UT Austin had an impressive pass rate of 83%. This compares to a 54% pass rate for all test takers at all other Texas colleges and universities – go ‘Horns!

How is the exam scored? And, what contributes to our students’ impressive performance?

For each section of the CPA exam, a candidate’s score can range from 0 to 99. To pass a section, the candidate must score a 75 or better.

A candidate’s total score on each of the AUD, FAR, and REG sections is a weighted combination of scaled scores on multiple-choice questions and task-based simulations. For the BEC section, the total score is a weighted combination of scaled scores on multiple-choice, task-based, and written communication questions.

Scaled scores are calculated using formulas that take into consideration both whether the question was answered correctly and level of difficulty. For multiple-choice questions, the exam employs a multi-stage adaptive test delivery model, meaning that the first question is moderately difficult, and the next question will be as or slightly more difficult, based on the candidate’s answer to the previous question. (This adaptive model is not used for task-based simulations or written communications.)

This system allows the candidate’s proficiency level to be measured more accurately. Answering a challenging question incorrectly doesn’t necessarily penalize the test taker in the same way as answering a less-difficult question incorrectly. Scaled scores make it possible to standardize exam results so that the results from different sets of questions are comparable.

The three institutions that oversee the CPA exam include the AICPA, NASBA, and Prometric, the organization that offers the exam at its authorized centers. Other than the written portions of the exam that are graded by humans, CPA exam scoring is completely automated. Candidate responses go through multiple quality assurance reviews to ensure scoring accuracy.

What contributes to our students’ outstanding performance? It’s difficult to say with certainty, but we like to think it’s a combination of the high-caliber students in our program and the rigorous courses that provide them with a solid accounting foundation. As was mentioned in our fall edition, no university has had 12 Sells Award winners in a single year – ever. Professor Ross Jennings likely summed it up best when he said, “The secret to our success isn’t much of a secret. Our students are interested in learning and we have faculty interested in teaching them.”

In considering the importance of the CPA exam, Chad Libertus (MPA ’94), a KPMG tax partner, observed that in many professional-service firms, including at KPMG, people drive the firm’s success. He noted that KPMG “empowers our professionals to own their careers and proactively develop the skills and knowledge to help them succeed, which includes taking the CPA exam and getting a CPA license.” In Chad’s opinion, obtaining this important credential demonstrates that a professional has the skills, knowledge, and foundation to be a strategic business advisor who can provide valuable client service. It also showcases the ability to think critically and strategically, which should allow for solving a wide range of challenges in order to deliver a better client experience.

Beginning in 2024, as part of its CPA Evolution project, the AICPA expects to offer a redesigned CPA exam. The revised exam will emphasize understanding business processes and data analytics and deemphasize topics that a newly licensed CPA would not be expected to know. Testing on the material in the updated blueprints for the exam is scheduled to begin in July 2021, with the final redesign completed by January 2023, and the new format launched in January 2024. Candidates still will be tested in the AUD, BEC, FAR and REG format; the refresh in topic coverage and emphasis is intended to maintain the relevance of the exam to our changing profession. We expect that our students will continue to perform well on the redesigned exam and that our Sells Award record will be tough to beat for years to come.

Say Hello to Our MPA Academic Advisors!

Check out the views from the home offices of our MPA advising team, who are currently meeting with MPA students virtually as they register for classes and prepare for graduation.

 

Sheryll Cox WFHSHERYLL COX, Senior Academic Advisor
Number of years at UT: 8

PROS OF WORKING FROM HOME: Having lunch with my sons, as they are both attending school virtually.

CONS OF WORKING FROM HOME: I miss the interaction with my students and colleagues (and walks to our campus Target).

 

Emily Stroman WFHEMILY STROMAN, Associate Academic Advisor
Number of years at UT: 1

PROS OF WORKING FROM HOME: Spending extra time with my fur babies and my husband, Kyle.

CONS OF WORKING FROM HOME: I don’t have as many food options; I’m limited to what’s in my fridge.

 

Jason TassettJASON TASSET, Director of Academic Services
Number of years at UT: 20

PROS OF WORKING FROM HOME: Lunchtime walks with my dogs and playing my music loudly.

CONS OF WORKING FROM HOME: It’s tough not seeing my coworkers or taking breaks at the Blanton Museum.

Explore the Master in Professional Accounting academic experience  by visiting our website. You’ll learn more about the MPA coursework and how it aligns with your specific career goals. Tracks, various accounting and MBA electives, and an optional internal audit certificate program are all offered within the program.

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