Deloitte Foundation Renews Commitment to Accounting Education With $1 Million Pledge

STAMFORD, Conn., July 24, 2017 /PRNewswire/ -- The Deloitte Foundation has renewed its commitment to help support the development of future accounting Ph.D.s and educators by pledging $650,000 to the American Accounting Association(AAA)/Deloitte Foundation/J. Michael Cook Doctoral Consortium and $400,000 to the AAA Robert M. Trueblood Seminars. The gift of $1,050,000 to the AAA will fund approximately three more years of doctoral consortia as well as the continuation of the Trueblood Seminars for Professors through 2020.

"It is imperative for the sustainability of the accounting profession to not only grow the pipeline of future CPAs, but to also strengthen the quantity and quality of the accounting professors who will teach those students," said Tonie Leatherberry, president of the Deloitte Foundation. "Since inception over 40 years ago, the Doctoral Consortium has assisted thousands of accounting Ph.D.s who have in turn impacted millions of students. By funding key Ph.D. education initiatives and continuing to provide real-world case studies through the Trueblood Seminars, the Foundation is helping to strengthen the connection between the profession and academia."

More than 90 of the nation's top accounting Ph.D. students attended the 47th Annual AAA Doctoral Consortium, a three-day program on accounting research, teaching and career development, held at Deloitte University in Westlake, Texas.

Since 1971, the AAA/Deloitte Foundation/J. Michael Cook Doctoral Consortium has convened leading accounting doctoral students and distinguished faculty from U.S. and select international universities to share their experiences and ideas on key  issues of importance to students who are about to complete their Ph.D. programs and pursue academic careers. Each year, attendees hear from a diverse group of faculty who present their perspectives on scholarly research, publishing, teaching and the job market.

The Robert M. Trueblood Seminars have been held annually since 1966 and in 1975, the American Accounting Association joined the Deloitte Foundation in administering the seminars. More than 2,400 professors have attended the Seminars since the program's inception. The annual Seminars enable approximately 70 financial accounting and auditing faculty to explore pertinent accounting issues and to provide professors with curriculum resources to educate students about today's business environment. The program agenda typically features 25 cases, and technical updates on key issues and developments in practice. Fifty of the cases used during recent seminars are also available online for faculty use in the accounting classroom. More than 2,100 professors from across the country are registered users of the Trueblood case studies.

About the American Accounting Association 
The American Accounting Association is the largest community of accountants in academia. Founded in 1916, the organization has a rich and reputable history built on leading-edge research and publications. The diversity of the organization's membership creates a fertile environment for collaboration and innovation. Collectively, the organization shapes the future of accounting through teaching, research, and a powerful network, ensuring its position as thought leaders in accounting. For more information about the AAA, please visit http://aaahq.org.

About The Deloitte Foundation
The Deloitte Foundation, founded in 1928, is a not-for-profit organization that 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, benefiting middle/high school students, undergraduates, graduate students and educators. Learn more about the Deloitte Foundation.

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SOURCE Deloitte Foundation