by Geoff Larcom, Published December 12, 2011
Accounting students at the Eastern Michigan University College of Business will have the distinct opportunity to work with state-of-the-art data analysis software after an EMU professor passed a rigorous program on how to incorporate the material into her courses.
Barbara Ross, a professor of accounting, has successfully qualified as an affiliate in the ACL Education Futures Program. The program, run by ACL Services Ltd., supports college educators in teaching effective use of data analysis software in the disciplines of accounting, auditing and finance. ACL Services is the leading global provider of audit analytics and continuous monitoring software to the audit and financial management community.
Ross qualified to become an affiliate in the exclusive program by attending a challenging three-day, 25-hour course and submitting a proposal on how the software would be used in the classroom. As a result of Ross' work, the College of Business is receiving ACL software and its premium support service, valued at $200,000, to enhance the education and training of EMU accounting students.
"I am pleased to bring the ACL Education Futures Program to the College of Business," Ross said. "ACL software is used by the majority of CPA firms and corporations who interview our accounting students on campus. I see it as a win for everyone involved."
Only about 100 colleges and universities in the United States and 180 worldwide have qualified for the ACL Education Futures Program. Eastern Michigan is one of only five universities in the state that has qualified for the program.
"Barb's work to have the College of Business qualify for this program is significant," said David Mielke, dean of the College of Business. "It clearly places our students at a competitive advantage over other accounting graduates in the state who do not have this software integrated into their coursework."
ACL has an international customer base, which includes 89 percent of the American Fortune 500 companies and over two-thirds of the Global 500.
The company's technology enables financial decision-makers to assure compliance, reduce risk, detect fraud and enhance profitability. Eastern students will work with the software in the classroom and thus be better prepared for their internship and full-time positions.
EMU's College of Business offers undergraduate and graduate degrees in accounting and a combined 150-hour program in which students earn both degrees.