Donald R. Herrmann
(October 21, 1963 - May 8, 2018)
Donald (Don) R. Herrmann, 54, passed away on May 8th 2018 after a 14-month battle with brain cancer.
Don was born on October 21, 1963 to Richard and Doris Herrmann in Lincoln, Nebraska. After graduating from Lincoln Northeast High School, Don attended Emmaus Bible College in Chicago. He went on to John Brown University where he played tennis and met and married Mary Mugler. Don received his masters degree in accounting from Kansas State University in 1987, worked as an auditor for Deloitte in Colorado, then moved to Stillwater where he earned his PhD in accounting from OSU in 1995. He spent nine years at Oregon State University, where he and his family enjoyed camping in the Cascades and at the beach nearby. Don accepted a faculty position at Oklahoma State University in 2005. In addition to his research, teaching, and textbook authorship, he served in various roles, including department head and PhD coordinator.
Don had been an active member of the American Accounting Association throughout the years. He served as a member of the AAA Council from 2007-2008. He was also involved with a number of the AAA's Sections: He had been President (2006-2007) of the International Accounting Section, as well as their Treasurer, Vice President-Academic, Advisory Board member, and Publications Committee member. Don had also been a member of the AAA Auditing and Financial Accounting and Reporting Sections.
Don and his family had spent the past 13 years in Stillwater, OK where he was active in the community and loved hosting families and students.
It is with great sadness that the University of Southern California announces the passing of colleague and esteemed scholar, Professor Emeritus Jerry Arnold. Until his retirement from USC in 2014, Professor Arnold had been a member the USC faculty for more than 35 years. Prior to joining USC, he served on the faculty of the Wharton School at the University of Pennsylvania, taught at UCLA, University of Michigan and University of Missouri. He was also the founding director of the SEC and Financial Reporting Institute, which promotes interaction among policy makers, their constituencies and researchers in academia. While director, he was responsible for all fundraising activities of the Institute. He not only raised funds from annual conferences that he helped to organize but also by instituting memberships in the Institute from corporations, CPA firms and individuals. As a result of his efforts, the Institute raised over $400,000 during his directorship which allowed the institute to be self-sustaining from its inception. Jerry noted this to be one of his proudest accomplishments.
For many years, Dr. Arnold taught a comprehensive SEC reporting and compliance seminar for the professionals and clients of major accounting firms. He published extensively in business and academic journals and monographs and had been a sought after speaker at conferences and before government bodies. He was known as a leading expert on accounting issues, particularly those related to compliance with US Securities and Exchange Commission rules. He served many times as an expert witness in commercial litigation focusing on SEC and accounting issues, as well as matters involving valuation and assessment of damages. Over the years, he had been retained by the SEC and the US Department of Justice as an expert on accounting and disclosure issues and advised several companies on SEC compliance issues.
Professor Arnold published in a wide range of professional and academic journals and served as the managing editor of Accounting Horizons. He received both an undergraduate and a graduate degree from University of Missouri and earned a PhD in accounting from the University of Michigan.
USC Dean James G. Ellis said "It was a great privilege to have known Jerry over the years. He was plainspoken, candid and always quite passionate in his beliefs. I have met few who cared more deeply about our students, about our university and about the accounting profession than Jerry. We have lost a dear member of our Trojan Family, an accomplished scholar and a gifted teacher."
Jerry is survived by his wife, Karen, his sons, Scott, Matthew and Brent, his daughter, Kelly, and a large extended family. Our deepest condolences go out to Karen and their family.
(November 15, 1929 - February 4, 2018)
University of Illinois at Urbana-Champaign Gies College of Business alumnus Nicholas Dopuch ’59 MSA, ’61 PhD ACCY, passed away on February 4, 2018. He was 88.
He was a professor emeritus of Olin Business School at Washington University in St. Louis. Throughout his career, he had been known as a leading accounting scholar of international renown, a skilled mentor to fellow accounting scholars, and a dedicated teacher.
He was born in 1929 in St. Louis, Missouri. After graduating high school, he enrolled in Washington University as a part time student. In 1950 he joined the Air Force, where he served as an electronics counter measures operator on a bomber crew.
His time in the Air Force convinced him of the importance of education. In January 1955 he enrolled in Indiana State University, where he majored in accounting and was an exceptional student. Following his graduation from Indiana State, he came to the University of Illinois in fall 1957 for graduate studies.
Upon completing his PhD in 1961, he joined the accounting faculty of the University of Chicago. In 1968 he became the editor of the University of Chicago’s Journal of Accounting Research. He held that position until 1983, when he joined the faculty of Olin Business School, but he remained as a co-editor for an additional 15 years. In his career with that journal, he was well regarded for his insistence on excellence and his willingness to work with aspiring researchers.
He was the recipient of the AICPA Outstanding Contribution to Accounting Literature Award in 1974 and 1982, the American Accounting Association’s Outstanding Educator Award in 1981, the Olin Dean’s Medal in 1994, the AAA’s Outstanding Auditing Educator Award in 1999, and a Distinguished Faculty Award from Washington University in 2004. He was named a distinguished alumnus by the University of Illinois in 1979, and he was inducted into the Accounting Hall of Fame in 2001, the year that he retired. In 2008 Olin Business School named its long-running accounting research conference in his honor.
Cheryl Lynn Allen
(April 23, 1959 - January 29, 2018)
Dr. Cheryl Allen, a dedicated professor in her 25th year of service at Morehouse College, passed away at the age of 58 on January 29, 2018 in Atlanta, GA. Dr. Allen taught accounting in the Division of Business Administration and Economics.
She came to Morehouse in 1988 after working as an auditor with the public accounting firm, Ernst and Whinney. Dr. Allen found her calling in the classrooms of Morehouse College and devoted her time to her students, stopping her career as a professor only to earn her doctorate in accounting from the Terry College of Business at the University of Georgia in 1998. She had earned a bachelor’s degree from Clark and an MBA from Atlanta University before the two colleges merged.
Dr. Keith Hollingsworth, professor and department chair, called his longtime colleague and friend a stalwart part of the accounting faculty. “She took no excuses, always maintaining high expectations for these young men,” Dr. Hollingsworth said. “She was devoted to them and their well-being.”
Dr. Allen was a former member of the Board of Trustees. She also was appointed as a visiting member of the Board’s Audit Committee.
She served the College by traveling on the Morehouse College International Spring Tour more than 10 times, accompanying Morehouse students to countries such as Egypt, Sweden, Norway, Denmark, Greece, and France. She was also the advisor to the National Association of Black Accountants, and an active member of the Morehouse Business Association, participating often in its Spring Symposium.
Dr. Allen made College history when she was named as Interim Dean of the Business and Economics Division twice. She was the first female dean in Morehouse’s Business Administration and Economics Division.
She taught last semester, and she was on the roll to teach this semester. Her passing was sudden and has left faculty, staff, and scholars shocked and saddened.
Dr. Allen had been a member of the American Accounting Association and served as President (2006-2007) of the Diversity Section. She had been a member of several of the AAA sections including Auditing, Diversity, Forensic Accounting, Management Accounting, and Teaching, Learning and Curriculum. She had also served on the AAA Annual Meeting Program Committee (2006-2007).
Services for Dr. Allen will be held in Chattanooga, TN.
Arthur Ramer Wyatt
(October 8, 1927 - November 17, 2017)
Arthur Ramer Wyatt was born on October 8, 1927 in Aurora, Illinois and died on November 17, 2017 in Boynton Beach, Florida. He was an undeviating defender of principle both in the accounting profession and in standard setting for financial reporting.
After growing up in Aurora, he attended the University of Illinois, in Champaign, where he took three degrees, all in Accountancy: B.S. in 1949, M.S. in 1950, and PhD. in 1953. He wrote his doctoral thesis, “The Influence of Tradition in Accounting,” under C. A. (Tee) Moyer. At Illinois, he became an assistant professor in accounting in 1954, an associate professor in 1957, and a full professor in 1961. Together with Norton M. Bedford and Kenneth W. Perry, two departmental colleagues, he coauthored Advanced Accounting: An Organizational Approach, which came out in four editions from 1961 to 1979. He was devoted to the University of Illinois throughout his long career: as a teacher, a mentor to students, and a staunch supporter of the university’s varsity athletics program. Golf was his passion, and he served as the university’s assistant golf coach from 1952 to 1965. As an undergraduate, he had lettered in golf all four years and was also team captain.
In 1963, he authored Accounting Research Study No. 5 for the Accounting Principles Board, A Critical Study of Accounting for Business Combinations, in which he famously advocated “fair-value pooling” to replace “pooling of interests” accounting.
In June 1966, Art left academe to join the staff of Arthur Andersen & Co. in Chicago, where he became a partner in just two years and then joined the firm’s Accounting Principles Group under the leadership of the venerable George R. Catlett. The Group had responsibility for setting the firm’s accounting policy and advising client partners on the application of GAAP. In 1980, upon Catlett’s retirement from the firm, he became managing director of the Group and eventually also chair of the firm’s Committee on Professional Standards. He was also active in the broader practicing profession, chairing the AICPA’s Accounting Standards Executive Committee in 1977-79 and serving as the Institute’s vice president in 1980-81 and as a member of its Board of Directors from 1980 to 1984.
In January 1985, he left the firm to become a member of the Financial Accounting Standards Board. But he resigned in September 1987 because of his growing concerns over improper interference by preparer groups in the Board’s process, and he returned to Arthur Andersen as a principal in its Accounting Principles Group. At the FASB, Art voted on a dozen standards: for nine and against three (including SFAS 87 on pensions). In January 1988, he joined the U.S. delegation to the International Accounting Standards Committee (IASC). From July 1990 to December 1992, he served as the IASC’s chair and led it through a challenging period when it was laboring to improve ten of its standards in the hope that they would be endorsed by the International Organization of Securities Commissions (IOSCO) and by the SEC as well.
After retiring from Arthur Andersen in 1992, he taught senior-level undergraduate accounting courses at the University of Illinois during the fall semesters for ten years, and devoted the rest of each year to playing golf and attending golf tournaments. His enthusiasm for the game led him to sponsor several young professional golfers.
Art was always active in the American Accounting Association (AAA), serving as Vice President in 1980-82 and as President in 1991-92. He received the Deloitte Wildman Award in 1994 and the AAA Public Interest Section’s Accounting Exemplar Award then as well. In 1998, he was inducted into the Accounting Hall of Fame at The Ohio State University.
Art had an outstanding career as a teacher, researcher, partner, and standard setter. Yet what marked him as an intellectual leader was his independence of thought and unwavering dedication to principle, as well as deeply held professional values. He was an inspiring presence. Late in his career, he gave an invited plenary address at the AAA’s 2003 annual meeting in Honolulu, which he published in the March 2004 issue of Accounting Horizons: “Accounting Professionalism: They Just Don’t Get it!” He cited chapter and verse of how the accounting profession had lost its way and was “failing to meet the expectations of investors, creditors, and other users of financial statements.” The article was, in effect, his parting advice to the leaders of the big firms and of the organized accounting profession. He hoped it would “prompt a reconsideration of what is necessary to restore the accounting profession to the level of credibility that it once enjoyed.”
Art Wyatt never married. He leaves behind a nephew, six nieces, their children and grandchildren.
(written by Stephen A. Zeff)
Walter P. Schuetze
Walter P. Schuetze passed away on Friday, Oct 27, 2017 at the age of 85. He was the son of Herbert & Loretta Lillard Schuetze of Comfort, Texas.
Walter was preceded in death by his parents, his brother Harry Schuetze and his son Andrew Schuetze. He is survived by his wife, Jean; Children, Brian Schuetze and his wife Betty, and Gary Schuetze; Grandson, Bryce Schuetze and his wife Courtney, and Granddaughter Lori Schuetze; Great Grandchildren, Bradley Schuetze and Annalise Schuetze; Brother Fred Schuetze and his wife Judy; Sister, Annabelle Lindner and her husband Ralph; Numerous Nieces and Nephews.
Walter Schuetze's paternal grandparents immigrated from Germany in the 1890's and they lived on the same farm with Walter and his parents. He learned German before learning English and went on to graduate as class valedictorian from Center Point High School in 1949. He began his college education at Stephen F. Austin State College and transferred to the University of Texas in Austin in 1950 with the intent to major in English and foreign languages. In January 1951, he enlisted in the United States Air Force where he served as a Russian language specialist during the Korean War. Upon returning from the service in 1955, he returned to the University of Texas at Austin, where he took his first accounting class, which kindled a life-long enthusiasm for accounting. He received his baccalaureate degree with honors from the University of Texas in 1957.
Walter began his professional career in 1957, joining the firm of Eaton & Huddle which merged with Peat, Marwick, Mitchell & Co; now known as KPMG LLP. In 1965 he was named a partner in PMM&Co and then in 1973, he left the firm to become one of the original seven members of the Financial Accounting Standards Board, serving as a member from 1973 through mid-1976, when he returned to PMM&Co. In January 1992, he was appointed Chief Accountant to the United States Securities and Exchange Commission, serving through March 1995, when he retired. He was encouraged to come out of retirement in November 1997, and was appointed Chief Accountant of the Commission's Division of Enforcement and served until February 2000. He served as Consultant to the Commission's Division of Enforcement from March 2000 through March 2002 on accounting, auditing and enforcement matters. Following retirement, he served on various corporate boards of directors and chaired their audit committees.
In addition, he authored many articles on financial reporting and auditing issues of which 43 papers and speeches were published in 2004 in a book titled Mark-to-Market Accounting: True North in Financial Reporting. His writings emphasized his desire for simplified financial reporting.
Chauncey M. Beagle
(March 19, 1917 - October 7, 2017)
Chauncey Beagle died Saturday, October 7 at the age of 100. Born on March 19, 1917 in Forest, Ohio, to Harry and Inez Miller Beagle, Chauncey graduated in 1935 from DeVilbiss High School in Toledo. He attended Miami University of Ohio and the University of Illinois, graduating from the latter with a Bachelors and Masters. He married Ada Jane Henderson whom he met after his junior year at the Hiram Settlement House in Cleveland. They married while he was a student at U of I and Jane a recent graduate. They were married 63 years and had five daughters.
Chauncey's career was generally in public accounting and teaching. During the war years, he was employed by the War Department until he served in the Navy. His accounting jobs spanned Arthur Andersen & Co in Chicago, teaching at Western Reserve University in Cleveland, practicing public accounting in Urbana, and ultimately teaching accounting at the University of Colorado from 1957 to 1986.
He was a member of First Presbyterian Church, Boulder Rotary, and various accounting organizations. He was an enthusiastic participant in the Bolder Boulder even into his 90s. He was a devoted father, husband, grandfather and friend. After the death of Jane, he married Nancy Henderson in 2002. Nancy's first husband, Morris, and Jane were first cousins. Chauncey's adult children and Nancy's became a blended family of second cousins. His daughter Barbara Lynn Smith died in 1974 and grandson Gregory Smith in 2012. Chauncey is survived by his wife, Nancy; daughters Cathy Swanson (Jon), Muff Stinson (Ken), Sara Bowdey (Dan) and Beth Smith (Keith Lewis); five step-children Martha Henderson, David Henderson (Sharon), Ann Bothe (Rick), John Henderson (Amy), and Mark Henderson (Machelle); nine grandchildren; eight step-grandchildren; twenty great-grandchildren; and five great-great grandchildren.
The family is very grateful for the loving care of the Frasier Meadows staff and Tru Hospice. In lieu of flowers, contributions may be made to First Pres Boulder, 1820 15th Street, 80302 or the Beagle Family Accounting Scholarship, payable to the University of Colorado Foundation, c/o Leeds School of Business Development Office, UCB, Boulder 80309.
(October 3, 1969 - September 12, 2017)
The Kennesaw State University Coles College of Business lost one of its most powerful voices with the passing of Dr. Kathryn Epps, Associate Dean and Director of the School of Accountancy on September 12, 2017. Whether for her accounting expertise, her dedication to student success, or her passion for minority empowerment, Kathryn’s loss will be felt across the University. Kathryn joined Kennesaw State University in 2004 as an assistant professor of accounting. She quickly made a name for herself and, in 2006, received the Coles College of Business’s Distinguished Teaching Award. Kathryn became the School of Accountancy’s Director in 2009 before earning the title of Associate Dean of Coles College five years later.
“Kathryn made such an incredible impact at KSU and beyond in a very short period of time,” said Dr. Kathy Schwaig, Dean of Coles College. “When she assumed the SOA director role, she immediately engaged in the life of not only the SOA, but also of the college and KSU, leading many key strategic initiatives across the University.” As the School of Accountancy’s Director, Kathryn worked tirelessly to prepare students for successful futures in accounting. “For Kathryn it was about more than just helping students earn degrees. It was about creating qualified accounting professionals,” said Dr. Richard Clune, current Acting Director of the School of Accountancy who served alongside Kathryn as Associate Director for three years. “She loved the School of Accountancy. That shined through in everything she did.”
One of Kathryn’s major accomplishments was the expansion of Kennesaw State’s Master of Accounting degree from a part-time program into a full-time cohort. The change allowed students to complete the program in just one year with the skills necessary to thrive in real-world accounting jobs. While Kathryn was dedicated to helping all students succeed, she was especially passionate about offering guidance to underrepresented minorities. She supported programs at Kennesaw State and on the national level to encourage women and minorities to pursue careers in accounting. In 2010 she published a report on curriculum and scholarship diversity in Academy of Educational Leadership Journal, and, in 2013, she presented at the Association of International Certified Professional Accountants Women’s Global Leadership Summit.
Kathryn earned several awards during her career with Kennesaw State, including the Gary Roberts Faculty Advisor of the Year Award and the National Association of Black Accountants Student Chapter of the Year Award, which she received twice. Her work has been published in multiple journals such as Auditing: A Journal of Practice and Theory, Research in Accounting Regulation, and The CPA Journal. She was also Vice-Chair of the Association to Advance Collegiate Schools of Business’s Accounting Accreditation Committee and served as Secretary/Treasurer of the American Accounting Association’s Accounting Program Leadership Group.
"The fact that Kathryn was engaged at so many levels inside and outside the University gave her a perspective and insight that few people have,” Schwaig said. “I sought Kathryn’s guidance and advice on many topics and was never disappointed.” With all of her achievements, Kathryn’s most important career goal was the continued success of her students in the School of Accountancy. “She loved our KSU accounting students and wanted them to be successful not only academically, but also in life,” Schwaig said. “Students were always front and center for her."
Schwaig described Kathryn as a natural leader who truly saw the value in her work as an educator. “She wanted to make our world a better, more equitable place and she knew that education was a great platform from which to do so. She will always be a part of us.”
Kathryn earned a Bachelor of Arts from Emory University before earning her Master of Professional Accountancy and her Ph.D. in Business Administration from Georgia State University. She leaves behind her husband Adrian and her three children, Kathryn, Malik, and Summer.
Richard Lee Brummet
(March 16, 1921 - July 25, 2017)
Lee Brummet was born on March 16, 1921 in Ewing, Illinois, and died on July 25, 2017 in Chapel Hill, North Carolina. He received a Bachelor of Engineering degree from Illinois State University in 1942, and, following four years in the Army, a Master of Science degree from the University of Illinois in 1947. He was recipient of a PhD degree from the University of Michigan in 1957. Following a year on the Cornell University faculty, he was on the Michigan accounting faculty from 1956 to 1969. In 1970, he moved to the University of North Carolina, where he became the Willard J. Graham Distinguished Professor of Accounting. He retired in 1986.
Lee was the author of Overhead Costing, drawn from his doctoral thesis, in 1957, as well as of numerous articles in academic and professional journals. He was a pioneer in the fields of social accounting and human resource accounting.
He was active in both the American Accounting Association and the National Association of Accountants (today known as the Institute of Management of Accountants, IMA). He was the AAA’s secretary-treasurer in 1967-69 and president in 1974-75. He was the IMA’s vice-president in 1970-71, president in 1979-80, and chairman in 1980-81. In 1975-77, he served on Council of the American Institute of Certified Public Accountants.
Lee married Nellie Eldora Riddle, known to all as Eldora, on August 6, 1942. She died on June 28, 2011. He is survived by his two children, Carmen and John.
(written by Stephen A. Zeff)
(February 24,1935 - January 18, 2017)
Yuji Ijiri, former Trueblood University Professor of Accounting and Economics at Carnegie Mellon University, died on January 18, 2017. He was 81.
Renowned for his creativity and engagement with fundamental aspects and role of accounting in society, Yuji Ijiri was one of the most important accounting scholars of the twentieth century. His writings on accounting foundations had a profound impact on accounting research, policy, and practice. His seminal contributions include writings on: the axiomatic foundations of accounting and historical cost-based measurements in particular; the introduction of spreadsheet approaches to accounting; stewardship and accountability; audit sampling; the causal basis of double-entry bookkeeping, its matrix representation, and triple-entry bookkeeping (which he invented). Besides accounting, Yuji made important contributions to economics (aggregation theory and theory of firm size distributions with Herbert A. Simon), operations research (goal programming with William W. Cooper), linear algebra (generalized inverse of incidence matrices), statistics, marketing, and computer science. Of the more than 200 articles and 25 books he authored, he was especially fond of his 1989 AAA monograph Momentum Accounting and Triple-Entry Bookkeeping. He is the only four-time winner of the AICPA/AAA Notable Contributions to Accounting Literature Award: 1966 ("Reliability and Objectivity of Accounting Measurements" with R.K. Jaedicke), 1967 (The Foundation of Accounting Measurement), 1971 ("A Model for Integrating Sampling Objectives in Auditing" with R.S. Kaplan), and 1976 (Theory of Accounting Measurement).
Yuji served the AAA in many roles, including as vice-president and later as president in 1982-1983. He received the AAA’s Outstanding Educator Award in 1986 and was inducted into Ohio State’s Accounting Hall of Fame in 1989.
Born on February 24, 1935 in Kobe Japan, Yuji loved the abacus school he went to at age six. He was evacuated to a Temple in Okayama during the war at age nine and studied algebra then. At fourteen, his father Takejiro Ijiri put Yuji in charge of the family bakery’s account books. Yuji passed the CPA exam in 1953, while attending Doshisha Junior College at night. He finished three years at Ritsumeikan University with a bachelor of law degree, completing all requirements for a CPA certificate at age 21, the youngest ever in Japan.
At Doshisha, Professor Taminosuke Nishimura was a great influence on Yuji. Nishimura asked his students to read Thomas Carlyle’s Sartor Resartus (Tailor Retailored) and draw analogies. It helped Yuji develop a life-long ability to make deep connections between seemingly disparate ideas, a hallmark of his creativity and thought.
As a CPA, he worked at a small accounting firm and then with Price Waterhouse & Co. before leaving in 1959 to attend graduate school at the University of Minnesota, where he received a master’s degree in 1960. He then studied at Carnegie Mellon University (CMU), where he earned a Ph.D. in Industrial Administration in 1963. It was during these years that Yuji obtained Prof. Nishimura’s permission to marry his daughter Tomoko (Tomo).
Yuji had close working relationships and friendships with three key figures at CMU: William W. Cooper, who was his mentor, thesis advisor, co-author, and third father figure; Herbert A. Simon, who co-authored the book Skew Distributions and the Sizes of Business Firms with Yuji; and Richard M. Cyert, who worked with Yuji on the AICPA’s Committee on the Objectives of Financial Statements (the Trueblood Committee). One of the last papers Yuji wrote was a tribute to Professor Cooper on the occasion of his ninety-fifth birthday, summarizing Cooper’s contributions to accounting.
After receiving his PhD, he spent four years at the Stanford Graduate School of Business before returning to CMU as a full professor in 1967. He remained a central CMU figure until his retirement in 2011.
“Yuji played an instrumental role in the history of the Tepper School and is considered one of the intellectual giants of his era,” said Robert Dammon, Dean of the Tepper School. Established in 1990, the Yuji Ijiri Award for Excellence in Accounting is awarded to an MBA student each year. Upon the occasion of his retirement in 2011, CMU established the Yuji Ijiri Distinguished Lectures in Accounting.
Yuji loved games, toys, and gadgets. His lunchtime relaxation was often an intense game of go with a colleague. He shared his latest thinking with his students in introductory classes. His playfulness, ready smile, gentle manner, caring, and generosity with his time earned him the love and loyalty of legions of students and colleagues.
Surviving Yuji are his brother Haruhisa, wife of 54 years Tomoko, two daughters Lisa and Yumi (both academics), and five grandchildren.
Rebecca Gilmore Fay
(February 27, 1978 – January 2, 2017)
Rebecca (Becky) Gilmore Fay, 38, of Greenville, N.C., formerly of Lynchburg, VA passed away Monday, January 2, 2017 in Carilion Roanoke Memorial Hospital following a car accident in Roanoke, Virginia.
Born February 27, 1978 in Wheaton, IL, she was a daughter of Philip Gilmore and the late JoAnn Wilson Gilmore. In addition to her mother, Becky was preceded in death by her maternal grandparents, Joseph and Annette Wilson and paternal grandparents, the Rev. Earl and Ruth Gilmore.
In addition to her father, she leaves to cherish her memory her husband, Patrick Fay and their two children, Erin and Wilson; three siblings, Marty Boone (Chris), David Gilmore (Kim) and Lori Leon; her parents-in-law, James and Alison Fay; sister-in-law, Brenyn Fay; and many aunts, uncles and cousins.
Becky was salutatorian of her graduating high school class at LCA; completed her Undergraduate and MBA at Liberty University; and received her PhD from Virginia Tech. She was a licensed CPA and worked as an audit manager with Cherry Bekaert before returning to academia. She was presently the Assistant Professor of Accounting at East Carolina University having joined their faculty in 2011.
Dr. Stan Eakins, dean of East Carolina University’s College of Business, described Becky as “one of the stars of the college.” “She had a tremendous academic future ahead of her,” said Eakins. “She was extremely liked by faculty and students, and a future leader of this college.” Her primary research interests focused on enhancing the quality of audits and accounting education. She received the College of Business’ Scholar-Teacher Award in 2015 for the outstanding integration of research in the classroom. Her work has been featured on the cover of the Journal of Accountancy and has been published in Issues in Accounting Education, the CPA Journal, Managerial Auditing Journal, Current Issues in Auditing, and Research in Accounting Regulation. In 2016, she was the co-recipient, with Norma R. Montague, of the American Accounting Association’s Issues in Accounting Education Best Paper award for “Witnessing Your Own Cognitive Bias: A Compendium of Classroom Exercises.”
Becky was also engaged with the students. She recently served as the president of Beta Gamma Sigma, an honor society for business students, from 2013-2015 and was also the faculty advisor for Beta Alpha Psi in 2015. “Dr. Fay was very talented and dedicated to her work,” said Dr. John Reisch, professor and chair for the College of Business’ Department of Accounting. “She was willing to work with students outside of the classroom to help promote their intellectual curiosity. Her presence will be sorely missed.”
In addition to her research on auditing, she was the lead author of “Incorporating International Financial Reporting Standards (IFRS) into Intermediate Accounting,” a textbook supplement developed by a team of authors from Virginia Tech that has been implemented in classrooms across the country. She has provided IFRS training seminars to accountants and professors, and has contributed IFRS questions to the CPA exam.
Becky was a loving wife and mother who loved spending time with her family. She was a former member of Grace Baptist Church in Madison Heights, VA and her present church membership was at Christ Presbyterian Church in Winterville, N.C. She loved her church and was active in mission work and supporting various missionaries.
Memorial contributions may be made in memory of Rebecca Fay to Ronald McDonald House, 529 Moye Blvd., Greenville, N.C. 27834