Deloitte Foundation Strengthens Faculty Support in UM School of Accountancy with $250,000 Gift

OXFORD, Miss. – Accountancy professionals from Deloitte LLP have joined with the Deloitte Foundation to commit $250,000 to enhance faculty support at the University of Mississippi’s Patterson School of Accountancy.

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Deloitte partner Guy Moore

The gift to UM’s nationally recognized accountancy school creates the Deloitte Foundation Lectureship in Accountancy, which will provide resources for research and creative support for faculty members, as well as salary supplements.

Directing the gift toward faculty support reflects recognition of professors’ roles in their students’ career preparation, said Barry Atkins, a Deloitte partner in Memphis and a UM graduate.

“Faculty members serve as the foundation of a successful program,” Atkins said. “The fact that the accountancy programs are nationally ranked is a tribute to the professors. The Patterson School of Accountancy produces some of the best and the brightest young professionals. The professors do an excellent job preparing them for the profession, for their careers and for life in general. We want to ensure the foundation provided by the faculty remains solid.”

Guy Moore of Wilton, Conn., another Deloitte partner and UM graduate, said, “As UM alumni, we are focused on providing meaningful contributions to the university to ensure that it continues to produce talented and well-prepared graduates. Deloitte has a deep commitment to the accountancy profession, and the profession is strengthened by quality graduates who are our future.”

More than 100 of the university’s alumni are pursuing careers with Deloitte, which provides audit, consulting, financial advisory, risk management and tax services to clients. Internships at the organization offer UM students invaluable real-world experiences, and Deloitte professionals also provide leadership through service on the Patterson School’s Advisory Council.

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UM Provost Morris Stocks (left); Debbie Vaughn, UM senior executive director of development; Deloitte partner Barry Atkins; Carol Anne Marion, UM associate director of development for accountancy; Mark Wilder, dean of the Patterson School of Accountancy; and UM Foundation President/CEO Wendell Weakley gather to recognize Deloitte’s new gift and continued support.

“Many Deloitte partners and professionals, alumni and non-alumni, have committed themselves not only to our extensive recruiting efforts that occur throughout the year but also monetarily to the Deloitte Foundation Lectureship,” Atkins said. “Having recruited at a number of universities, we can say that the commitment of UM professors is what distinguishes the talent at Ole Miss from other schools. Graduates are prepared academically, professionally and socially.”

Mark Wilder, dean of the Patterson School, expressed his appreciation for the support.

“We are profoundly grateful for this tremendous investment by our UM accountancy alumni with Deloitte and by the Deloitte Foundation to enhance the work of the Patterson School of Accountancy,” he said. “This generous gift provides critical resources for faculty support and helps ensure our ability to offer competitive salaries to attract and retain professors of the highest quality. We are honored to have the Deloitte name on a permanent endowment at Ole Miss, and we greatly value our long-standing partnership with the organization.”

UM accountancy programs have achieved a national top 30 or higher ranking for five consecutive years. The 2009 Public Accounting Report places the undergraduate program 19th and graduate program at No. 18. The undergraduate/graduate rankings place Ole Miss third in the Southeastern Conference, after the universities of Florida and Georgia.

Moore recalls the day in 1982 when he was admitted as a partner in Deloitte – a meaningful benchmark in his career.

“Among the first few people I called was (the now late) Professor Gene Peery at Ole Miss,” he said. “He set me and many others on a path to career success. The positive impact professors can have on their students is one reason this gift is directed for faculty support. I received so much from the university as far as academics, career preparation, life lessons and friendships. It is easy to remain committed to a university where you’ve gained those benefits.”

Atkins concurred, “When I was a freshman, I didn’t know what path I wanted to take. Accounting became the choice because of my affinity for math and analytical thinking. Many professors invested a great deal of time in my college career to ensure I was successful, from Dr. Finley Graves and Dr. Russell Briner to Dr. Jimmy Davis.”

To learn more about the Patterson School of Accountancy and its programs, visit http://www.olemiss.edu/depts/accountancy. To make a gift to the school, visit http://www.umfoundation.com/makeagift or send a check designated for “Accountancy” to the University of Mississippi Foundation, P.O. Box 249, University, MS 38677.