Department of Accounting

COBI Accounting News


Nancy SnowAccounting Professor, Nancy Snow, has been selected to be recognized as a 2021 Distinguished University Lecturer.
This is the highest permanent honor that The University of Toledo bestows on its teaching faculty. Distinguished University Lecturers are recognized as having earned recognition and distinction as educators, and for advancing student learning, facilitating and supporting student success, and demonstrating a strong commitment to the University’s educational mission.
"This is a very well-deserved honor," said Karen Bjorkman, Provost and Executive Vice President for Academic Affairs. "I want to thank you for the wonderful work you do with enabling our students to succeed, and for being a fantastic example of the dedication and students-first attitude that our lecturers provide. Thank you for all you do for the university and for our students."
Congratulations, Professor Snow!

brandon henry passed the REG section of the CPA Exam!

Brandon HenryWe are excited to announce that Brandon Henry passed the REG section of the CPA Exam! Brandon started preparing for the CPA during the MSA program, and he will start his accounting career at Plante Moran this January.  We are very proud of Brandon's accomplishments and glad that we could be a part of his journey!

MSA Students Accomplished the Regulation section of the CPA exam

MSA Students

Congratulations to MSA students Lindsay Rausch, Matthew Schroeder, Nasir Chaudhory, for passing the Regulation (REG) section of the CPA exam! Lindsay, Matthew, and Nasir were in the 2020 Summer MSA CPA review course that covered REG, and they sat for the section at the end of August. They are currently in the Financial Accounting and Reporting (FAR) CPA review course and are planning to sit for that section in December. We could not be prouder of their accomplishments.

New Accounting Professor Analyzes A Hidden Danger in Explosion of Index Funds

Huang, Meng photoBloomberg recently highlighted research by Dr. Meng Huang from the Department of Accounting (and co-authors Brian Bratten and Jeff Payne from the University of Kentucky) that examined the role that passive investment funds play with stock repurchase activity.
They note that “Passive investment may imply less monitoring, but it does not remove the manager’s incentives to report higher levels of earnings per share to support current period stock prices.” Their results indicate that companies with high passive ownership faceless monitoring and are therefore more likely to engage in strategic repurchasing of their own common stock to help report earnings that beat the forecasted earnings. Their results suggest that these firms make share repurchase decisions that are inconsistent with the interests of investors.  Learn More

COBI Accounting Student Selected as PCAOB Scholar

Lindsay Warnecke photoThe College of Business and Innovation’s accounting department is proud to announce that Lindsay Warnecke has been selected as a PCAOB Scholar for the 2020-2021 academic year.
This scholarship program was established by the Sarbanes-Oxley Act and operates through a nomination process where universities are selected and then each of those universities nominates one student. This year, 236 universities were selected to nominate a student.
Accounting Department Chair, Dr. Diana Franz, expressed her excitement for Warnecke by saying, “we are thrilled to see her receive this recognition.”

COBI Accounting Students Participate in the AICPA Field Test Program

Accounting students from The University of Toledo College of Business and Innovation recently participated in the American Institute of CPAs’ (AICPA) field test program. The AICPA is the world’s largest member association representing the accounting profession.
This program enables students to test prototype CPA questions and earn rewards. During the Spring 2020 semester, COBI students tested new content related to applied tax research that used an experimental simulation format.
“We are very excited that our students are able to get a glimpse of where the AICPA is planning to take the CPA examination,” said Accounting Department Chair, Dr. Diana Franz.
The Department of Accounting will continue to participate in this program during the next academic year. If you are interested in participating, please contact Karen Green at

Professor nancy snow will serve on Ohio Higher ed panel

Nancy Snow will serve on the Ohio Department of Higher Education’s statewide Transfer Assurance Guide review panel for business and accounting. This panel reviews course equivalency across the state of Ohio to help assure that classes transfer seamlessly for students. The panel also updates and reviews the learning outcomes that the state applies to classes. This important effort reflects Nancy’s commitment to students and higher education.


Mary Jo PitzenGilmore Jasion Mahler’s (GJM’s) Mary Jo Pitzen, CPA has been promoted to partner with the firm. Mary Jo has been with GJM for over 12 years. She is a member of the firm’s Construction Specialist Team. Mary Jo provides tax planning, compliance and business advisory services for individuals and all types of businesses in a variety of industries, including manufacturing, construction, healthcare, and professional services.

“This is a very well-earned promotion. Mary Jo provides great client service and has done an excellent job in helping to continue growth in our construction practice,” says GJM Managing Partner Kevin Gilmore.

Professor nancy snow's class, ACCT 3100, Financial Accounting & Analysis is a QM Recognized course

In August of 2019, Professor Snow’s class, ACCT 3100, Financial Accounting & Analysis received national Quality Matters (QM) recognition. Quality Matters is a national program that recognizes high-quality online courses. Congratulations on this outstanding achievement!  UToledo's web developer has added Professor Snow's name and course information to its list of QM Recognized Courses. We, at UToledo Online, thank you for your dedication to providing high-quality online courses for UToledo students!

Accounting Professor selected for SEC Fellowship

Dana Hollie pictureDana Hollie, the Alan H. and Karen A. Barry Endowed Professor of Accounting in the College of Business and Innovation at The University of Toledo was selected to be a visiting academic scholar in the Office of Structured Disclosure in the Division of Economic and Risk Analysis (DERA) at the United States Securities and Exchange Commission. She will serve in this role during the 2019–2020 academic year in the SEC's Washington, D.C. office.  Hollie is the first University of Toledo professor to be chosen for this SEC fellowship.

In its “think tank” and other roles, DERA is involved across the entire range of SEC activities including policy-making, rule-making, enforcement, examination, and other matters. The academic scholar has traditionally been assigned to ongoing projects in the DERA division.
"I am honored for the opportunity to expand my knowledge of the SEC’s oversight process and to use this experience to become a better resource for my students and to benefit my research agenda, both of which should benefit UToledo," said Hollie. Hollie recently joined the faculty in the fall of 2018. Prior to joining The University of Toledo, she was a tenured associate professor at Louisiana State University.

ZUFE University in China and COBI's Department of Accounting

Visit to ZUFE University in China

The accounting department has a long-standing relationship with Zhejiang University of Finance and Economics (ZUFE) in Hangzhou, China. Two of the ZUFE faculty are also graduates of UT’s MSA program. This year Dr. Franz visited ZUFE and had the opportunity to meet with faculty and to present a research paper. Fortunately, there was also time to visit the lovely city of Hangzhou.

Dr. Karen Green received the University of Toledo’s 2019 Outstanding Teacher Award

Dr. Karen Green received the University of Toledo’s 2019 Outstanding Teacher Award. This award recognizes the faculty’s commitment to student success and their contributions to the mission of our University.
Dr. Karen Green is an Assistant Professor of the Accounting department in the College of Business and Innovation, she is also a certified public accountant, licensed in Massachusetts. She has been selected as one of the professors throughout The University of Toledo for the UT Outstanding Teacher Award.

2019 Student awards
  • Maggie Kelly 2019 Federation of Schools of Accountancy Student Awards
  • Connie Baumgartner MSA Pacemaker
  • Hannah Smith Senior Pacemaker
  • Rachael Noe Junior Pacemaker
Michael Hanf receives Department of accounting's 2019 Outstanding alumni award
2019 Outstanding Alumni AwardCongratulations to Michael Hanf who received the Department of Accounting’s 2019 Outstanding Alumni recognition award. He graduated from the University of Toledo in 1995 with a degree in accounting. He is one of the founding members of Davenport, Hanf & Company, LLC (DHC), a tax, accounting, and consulting firm. Congratulations Michael Hanf!
Professor Deidre liedel's article published in the drake law review

Professor Deidre Liedel's article entitled "The Taxation of Bitcoin: How the IRS Views Cryptocurrencies" was published in the Drake Law Review.  Her article is available online at:

Professor nancy snow's class, buad 2040, financial accounting information is a QM Recognized course

In February of 2018, Professor Snow’s class, BUAD 2040, Financial Accounting Information received national Quality Matters (QM) recognition. Quality Matters is a national program that recognizes high-quality online courses. Congratulations on this outstanding achievement!  UT's web developer has added Professor Snow's name and course information to its list of QM Recognized Courses. We, at UT Online, thank you for your dedication to providing high-quality online courses for UT students!

Dr. heba abdel-rahim's paper accepted for journal publication in accounting, organizations and society

Dr. Heba Abdel-Rahim’s paper titled “Information system precision and honesty in managerial reporting: A re-examination of information asymmetry effects,” co-authored with Douglas E. Stevens has been accepted for publication at the journal of Accounting, Organizations and Society. If you are interested in reading the paper, it is available here at ScienceDirect

CPA Review class using becker cpa review materials - one section of becker materials free of charge!

Beginning in the Fall semester of 2017, we began using the Becker CPA Review materials in our CPA review class. Each semester students registered in the CPA Review Class will receive one section of Becker materials free of charge!

Dr. Karen Green named aicpa academic champion

Dr. Karen Green was named an AICPA Academic Champion at UT. This recognition resulted from all of her work at helping students with the CPA exam and her outreach efforts to students in area high schools.


A $1 million gift has been donated by Alan H. Barry (Bus ’66) and his wife, Karen A. Barry (UTCTC, ’64) to establish an endowment that supports The Alan H. and Karen A. Barry Endowed Professorship in Accounting at The University of Toledo. The Barrys announced the gift at their home in Scottsdale, Ariz. on Friday, April 21, at an alumni event for the Phoenix Chapter of the Alumni Association. University of Toledo President Sharon L. Gaber attended the event in Scottsdale as the alumni chapter’s invited speaker. Read More 

Last Updated: 4/2/21