Home | About Us | Subscriptions | Advertising | El Centinela | ARCHIVES
Catholic Sentinel | Portland, OR Monday, July 24, 2017

Marylhurst grad program May-August

Home : Parish/School Life : Parish and School News
12/22/2013 6:14:00 AM
UP accountants calculating way to victory
University of Portland photo
UP accounting team: Ingrid Nelson, Tyler Desmarais, Michelle Siegal, and Martin McMahon.

University of Portland photo

UP accounting team: Ingrid Nelson, Tyler Desmarais, Michelle Siegal, and Martin McMahon.

Four University of Portland students, under the team name Competitive Pilot Accountants, are finalists in the national American Institute of Certified Public Accountants' Accounting Competition. The team joins Santa Clara University and Southern Indiana University as one of only three finalists nationwide.

Senior accounting majors Martin McMahon, Ingrid Nelson, Michelle Siegal and Tyler Desmarais make up the squad. For the final competition, the team and advisor receive a trip to Washington, D.C., to present their case to an executive panel of judges. The top team will receive $10,000 while second and third place will win $5,000 and $2,500 respectively.  

“The competition thus far has been an incredibly valuable learning experience,” McMahon said. “The nature of the competition requires us to use skills and knowledge we’ve learned in accounting, tax, business law, and personal financial planning courses at UP.”

The University of Portland team passed the semifinal round by creating a video and having its accompanying spreadsheets and memo critiqued by the competition’s judges. There was also a public vote.

For the fourth annual competition, 145 teams analyzed a specific problem and prepared a written solution. The scenario involved a fictional 24-year old who has come up with an idea for a mobile application focused on live music shows. The collegiate teams were to control the character's finances and pay off his debt quickly. The UP team must now complete additional work and present a film based on its recommendation.


Article Comment Submissions
Submit your comments, please. 
Comments are reviewed before being posted to the site. Comments must use respectful language and address the story. Comments are not posted immediately to the site. The site editor may edit content for appropriateness. There may be a delay of 24-48 hours. Comments may also be considered to appear as letters in our print edition, unless the writer specifices no.
Note: All information on this form is required. Your telephone number is for our use only, and will not be attached to your comment.
Submit an Article Comment
First Name:
Last Name:
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.

Advanced Search

News | Viewpoints | Faith & Spirituality | Parish and School Life | Entertainment | Obituaries | Find Churches and Schools | About Us | Subscriptions | Advertising
E-Newsletter | RSS Feeds

© 2017 Catholic Sentinel, a service of Oregon Catholic Press

Software © 1998-2017 1up! Software, All Rights Reserved