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MEDIA CONTACT : Lisa Freed
561-297-3022, lfreed@fau.edu


FAU Accounting Professor Receives 2009 Innovation in Accounting Education Award

                BOCA RATON, FL (November 24, 2009) – Mark J. Kohlbeck, an associate professor of accounting at Florida Atlantic University’s School of Accounting within the College of Business, recently was honored with the 2009 Innovation in Accounting Education Award from the American Accounting Association (AAA). The award, sponsored by the Ernst &Young Foundation, was given to Kohlbeck and Pamela A. Smith, a KPMG professor of accountancy at Northern Illinois University, for their work on the publication, “Accounting for Derivatives and Hedging Activities: Comparison of Cash Flow versus Fair Value Hedge Accounting.”
            “I never thought of my work as award-winning because it is something I enjoy doing,” said Kohlbeck.  “Being recognized by your peers across the country for your accomplishments is one of highest honors a faculty member can receive, and I am deeply grateful.”
            The award was given to Kohlbeck and Smith in recognition of efforts made throughout the past few years to improve the ability to educate students in the areas of accounting for derivatives and hedging activities.  Their publication was an innovative approach to introduce, explain and illustrate hedge accounting, and has proven successful in helping students understand this type of accounting
            The annual Innovation in Accounting Education Award is intended to encourage innovation and improvement in accounting education, and submissions are judged by their innovation, demonstrated educational benefits and adaptability by other academic institutions or to other situations.
            The American Accounting Association promotes worldwide excellence in accounting education, research and practice. Founded in 1916 as the American Association of University Instructors in Accounting, its present name was adopted in 1936. The Association is a voluntary organization of persons interested in accounting education and research.
            For more information, contact Kim Gramm at 561-297- 3628 or kgramm@fau.edu.

-FAU-

About Florida Atlantic University:

Florida Atlantic University opened its doors in 1964 as the fifth public university in Florida. Today, the University serves more than 28,000 undergraduate and graduate students on seven campuses. Building on its rich tradition as a teaching university, with a world-class faculty, FAU hosts ten colleges:  College of Architecture, Urban & Public Affairs, Dorothy F. Schmidt College of Arts & Letters, the Charles E. Schmidt College of Biomedical Science, the College of Business, the College of  Education, the College of  Engineering & Computer Science, the Harriet L. Wilkes Honors College, the Graduate College,  the Christine E. Lynn College of Nursing and the Charles E. Schmidt College of Science.  

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