Accounting Student Selected as a Pcaob Scholar, Will Receive $10,000 Scholarship
May 27, 2021 | John B. and Lillian E. Neff College of Business and Innovation News
By John Anderson III
Neff College of Business and Innovation accounting student, Jack Mei, has been selected as a Public Company Accounting Oversight Board (PCAOB) Scholar and will receive a scholarship in the amount of $10,000 for the 2021-2022 academic year.
In order to be eligible for the PCAOB Scholarship, students must be enrolled in an undergraduate or graduate accounting program at U.S. colleges or universities identified as a Nominating Institution, demonstrate interest and aptitude in accounting and auditing as evidenced by an overall GPA of 3.3 or higher or being in the top 1/3 of their overall class and display high ethical standards.
“It is a great honor to be selected as the PCAOB Scholar to represent The University of Toledo," said Mei. “Not only will this award push me closer to achieving my personal and professional goals, but it also shows how well COBI prepared me for success. I am very grateful and would like to thank Dr. Diana Franz for all of her help in the process. This award will help me tremendously in finishing my last year at The University of Toledo.”
While the PCAOB Scholars Program is merit-based, the organization encourages institutions to provide special consideration to students from populations that have been historically underrepresented in the accounting profession.
"Our PCAOB scholars represent the future leaders of the accounting and auditing profession,” said PCAOB Chairman William D. Duhnke. “We congratulate them for their academic dedication and achievements, and we wish them the best as they complete their education and begin their careers in the profession.”
The PCAOB is a nonprofit corporation created by Congress to oversee the audits of public companies to protect investors and further the public interest in the preparation of accurate, informative and independent audit reports.
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.
For over ten years, the Public Company Accounting Oversight Board has administered a scholarship program for undergraduate and graduate accounting students enrolled in accredited United States colleges and universities.
The PCAOB Scholars Program aims to assist students who are on their way to becoming auditors and to make a difference to students who might otherwise choose a different career path.
