WILTON, Conn., March 13, 2012 /PRNewswire/ -- Approximately 70 accounting and auditing professionals and educators convened at the 47th annual Robert M. Trueblood Seminars for Professors to discuss the challenges facing the accounting profession today. Hosted by the Deloitte Foundation and the American Accounting Association (AAA), the seminars are a unique opportunity for thought leaders from business and academia to examine current accounting practices through real world case studies.
Held on February 23-25 and March 8-10, 2012 at Deloitte University's landmark campus for learning and leadership development near Dallas, Texas, the sessions featured more than 20 Deloitte-developed case studies exploring complex financial accounting and auditing issues. Each seminar also included a presentation from a senior Deloitte leader, an open forum discussion on professional development and an update on the standard-setting activities of the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB).
"The Trueblood Seminars foster earnest and intelligent dialogue on the changes in our profession and how it is affected by the evolving business and regulatory environments," said Shaun Budnik, president of the Deloitte Foundation. "Evaluating the case studies enables educators to infuse their curricula with the current challenges impacting practitioners today. This is the most important outcome of these sessions, as it plays a vital role in training and developing the next generation of skilled and qualified accounting talent."
The Trueblood Seminars Planning Committee, led by co-chairs Carie Ford of Baylor University and Paula Thomas of Middle Tennessee State University, managed the development of this year's program content. The committee also included: James Chyz (University of Tennessee), Jon Duchac (Wake Forest University), Kevin Jackson (University of Illinois), Wendy Wilson (Southern Methodist University), Alan Reinstein (Wayne State University) and Shaun Budnik (Deloitte).
The Deloitte Foundation's Trueblood Case Study Series includes approximately 50 accounting and auditing cases. It is available online for faculty use at http://www.deloitte.com/us/truebloodcases.
About Trueblood Seminars
The Robert M. Trueblood Seminars have been held annually since 1966 under the auspices of the Deloitte Foundation. In 1975, the AAA joined Deloitte in administering the seminars. Through the years, more than 2,200 professors have participated in the programs.
About the Deloitte Foundation
The Deloitte Foundation, founded in 1928, is a not-for-profit organization that supports teaching, research and curriculum innovation in accounting, business and related fields within the U.S. The Foundation sponsors an array of national programs relevant to a variety of professional services, benefiting 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 the American Accounting Association
The American Accounting Association is the largest community of accountants in academia. Founded in 1916, the AAA has a rich and reputable history built on leading-edge research and publications. The diversity of the AAA's membership creates a fertile environment for collaboration and innovation. Collectively, the AAA shapes the future of accounting through teaching, research and a powerful network, ensuring their position as thought leaders in accounting. Find more information about the AAA at http://aaahq.org.
As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.