WESTLAKE, Texas, Jan. 25, 2016 /PRNewswire/ -- A team of students from St. John Fisher College claimed victory at the Deloitte FanTAXtic case study competition by presenting the best analysis on a complex, issues-driven business tax case. The national finals were held Jan. 15-17 at Deloitte University, Deloitte's landmark campus for learning and leadership development.
"I am excited about the future of the tax profession based on the caliber of students participating in this competition," said Carl Allegretti, chairman and CEO, Deloitte Tax LLP. "The students skillfully addressed tax issues that professionals handle on a daily basis, from tax policy to financial reporting. They are truly getting real-world experience to prepare them for a career in tax. My congratulations to all of the teams – well done."
- First place team: Tom Agan, Alex DeRosa, Lauren Owens, Rob Riggio and Todd Stebbins each received $2,000 in scholarship money, and St. John Fisher College received and a $10,000 institutional award.
- Second place team: University of Florida received $1,000 per student and a $5,000 institutional award.
- Third place team: Brigham Young University received $500 per student and a $2,500 institutional award.
- Honorable mentions were awarded to the other competing teams, including Boston College, Lehigh University, University of Northern Colorado, The Ohio State University, University of San Diego and University of Wisconsin-Milwaukee.
"FanTAXtic is an important forum for helping our students prepare for careers in the accounting profession," said Lynn Mucenski-Keck, faculty advisor, St. John Fisher College team. "Its use of real business challenges in a true-to-life setting, gives our students the opportunity to hone their communication, analytical and research skills. We are most appreciative of the Deloitte judges' time and insights, as well as Deloitte's generosity in sponsoring this program."
"We're proud to have hosted this competition for the 15th year, bringing real-world business scenarios to students as part of the Deloitte Foundation's focus on helping prepare the next generation of talent," said Carol Lindstrom, president, Deloitte Foundation. "It was exciting to see this year's student teams work together and use their growing knowledge and skills to deliver outstanding solutions to the business case."
Each team participating in the national competition won the Deloitte FanTAXtic contest in their respective U.S. regions. Prior to the final competition, more than 77 teams representing 54 colleges and universities participated in regional qualifier events throughout the U.S., Nov. 6-7, 2015.
Deloitte FanTAXtic originated in 2002 and is designed to familiarize students with the tax profession early in their academic careers. To learn more about Deloitte FanTAXtic, please email firstname.lastname@example.org.
About Deloitte Foundation
The Deloitte Foundation, founded in 1928, is a not-for-profit organization which supports education in the U.S. through a variety of initiatives that help develop the talent of the future and their influencers and promote excellence in teaching, research and curriculum innovation. The Foundation sponsors an array of national programs relevant to a variety of professional services, benefitting middle/high school students, undergraduates, graduate students and faculty. For more information, please visit the Deloitte Foundation web page at www.deloitte.com/us/df.
About Deloitte Tax LLP
Deloitte Tax helps clients lead the transformation of the tax function into a strategic partner that supports growth and sustained profitability within an organization. With deep experience across a broad range of services and industries, Deloitte Tax has more than 10,000 trusted advisors who combine their knowledge of tax technical resources and technology to uncover insights and smarter solutions for clients in today's complex global and regulatory environment. For more information visit www.deloitte.com/us/tax. Join us on twitter @DeloitteTax.
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