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CPA-MAZING

CPA-MAZING

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Passing the CPA (Certified Public Accountant) exam is a big career step for all accounting students.

Not only did Cailin Yoho Thompson pass, she was also one of 110 candidates (out of approximately 86,000 individuals who sat for the exam) from across the U.S. who won the Elijah Watt Sells Award in 2018 – the first time in seven years someone from West Virginia won this award.

The award was established by the American Institute of CPAs in 1923 to recognize outstanding performance on the CPA Exam. To qualify, CPA candidates must obtain a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination and pass all four sections on their first attempt.

Thompson is a 2018 graduate of WVU. She received her bachelor’s degree in business administration in accounting, as well as a master’s of accountancy. Following graduation, Thompson took a position with Suttle & Stalnaker, PLLC in Parkersburg, W.Va., where she is currently employed as an audit staff accountant.

Roll Call

Four Chambers College alumni who trailblazed their way to success in the business world joined the 2020 Roll of Distinguished Alumni class. They include Tina Bigalke, chief diversity officer of PepsiCo; Glenn Carell, managing director of Global Trading Systems Designated Market Making Operations; Dan D’Arrigo, former executive vice president and chief financial officer of MGM Resorts; and Albert Lewis, owner and chairman of Glass Inc.

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When Life Hands You Lemons

In September 2019, our CEO Club donated the money from its Lemonade Day, which was held spring 2019, to WVU Medicine Children’s. Not only did local Morgantown kids learn how to run a profitable lemonade stand, but they were also able to support a great cause that will go on to help other children in our community.

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Testify

John Deskins, director of the WVU Bureau of Business and Economic Research, testified on Capitol Hill before the U.S. Senate Committee on Energy and Natural Resources in July. The topic? The importance of energy innovation to economic growth.

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Take Stock

Worried about a looming recession and what to do with your money? Hold steady on those investment plans, advises Alexander Kurov, professor and Fred T. Tattersall research chair in finance. In an article penned for The Conversation, Kurov writes “Stick to your long-term plan and ignore day-to-day market fluctuations, however frightening they may be. Don’t take my word for it. The tried and true approach of passive investing is backed up by a lot of evidence.” To dive into the full article, go to go.wvu.edu/kurov.

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Fans Arrive Like Butterflies

Large, one-off events such as music concerts can create economic impacts not seen from professional sports, suggests rockin’ research by Joshua Hall, chair and professor of economics. Hall and Justin Parker, a 2020 Ph.D. economics graduate, found that Pearl Jam’s Seattle “Home Shows” in August 2018 generated $58 million in additional hotel revenue and $9 million in hotel tax revenue. That dwarfs Seattle Mariners baseball games ($140,000 in additional hotel revenue on game days). Their research was published in the Annals of Tourism Research Empirical Insights.

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