The Deloitte Foundation and American Accounting Association Hosts 48th Annual Trueblood Seminars for Professors

WILTON, Conn., March 26, 2013 /PRNewswire/ -- Approximately 60 accounting and auditing professionals and educators convened at the 48^th annual Robert M. Trueblood Seminars for Professors which were held at Deloitte University on February 27 – March 2 and March 13-16. Hosted by the Deloitte Foundation and the American Accounting Association (AAA), the seminars offer a unique opportunity for select faculty and Deloitte partners and managers to discuss highly complex accounting and auditing issues and case materials that will ultimately enhance the in-classroom experience for undergraduate and graduate students pursuing degrees in accounting.

(Logo: http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a)

(Logo: http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-b)

The program includes 25 case studies that explore complex financial accounting and auditing issues facing the accounting profession today. It features a presentation from a senior Deloitte leader, an update on the standard-setting activities of the Financial Accounting Standards Board (FASB) and conceptual framework issues, as well as a discussion on the teaching implications of standards that deviate from the conceptual framework.

"Each year, the Trueblood Seminars enable accounting practitioners and educators to meaningfully examine the profession and the current business environment," said Shaun Budnik, partner, Deloitte LLP and president of the Deloitte Foundation.  "These conversations, as well as the seminars' case studies, play an important role in helping professors enhance their curricula and bring real world business issues and challenges into their classrooms.  From our perspective, this is essential to enrich the academic experience for future accounting professionals."

This year's program content was developed by faculty representatives of the Trueblood Seminars Planning Committee, including co-chairs Jon Duchac of Wake Forest University and Kevin Jackson of the University of Illinois at Urbana-Champaign.  Other committee members included:  Lynn Dikolli (University of North Carolina at Chapel Hill), Ed O'Donnell (Southern Illinois University Carbondale), Gary Peters (University of Arkansas), Alan Reinstein (Wayne State University), Kim Westerman (Florida International University) and Shaun Budnik.

In addition to interacting with accounting thought leaders, participants discussed Deloitte & Touche LLP -developed cases that involve cutting edge accounting and auditing issues.  Following the seminars they will be able to share these cases with students, engaging them in discussions and further developing their critical thinking skills.  The Deloitte Foundation's Trueblood Case Study Series includes approximately 50 accounting and auditing cases and is available online for faculty use. For more information on the cases, please visit http://www.deloitte.com/us/truebloodcases.

About the Trueblood Seminars
The Robert M. Trueblood Seminars have been held annually since 1966 under the auspices of the Deloitte Foundation.  In 1975, the AAA joined Deloitte in administering the seminars. Through the years, more than 2,200 professors have attended the programs.

About the Deloitte Foundation
The Deloitte Foundation, founded in 1928, is a not-for-profit organization that supports teaching, research and curriculum innovation in accounting, business and related fields within the U.S. The Foundation sponsors an array of national programs relevant to a variety of professional services, benefiting middle/high school students, undergraduates, graduate students and faculty.  For more information, please visit the Deloitte Foundation web page at www.deloitte.com/us/df.

About the American Accounting Association
The American Accounting Association is the largest community of accountants in academia. Founded in 1916, it has a rich and reputable history built on leading-edge research and publications. The diversity of the membership creates a fertile environment for collaboration and innovation. Collectively, AAA members shape the future of accounting through leading-edge research, education, publications and a powerful network, ensuring their position as thought leaders in accounting. Learn more about the AAA at http://aaahq.org.

As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries.  Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

SOURCE Deloitte Foundation