Accounting Course’s Group Project Could Pay Big Dividends
By Alyssa D’Ippolito ’15
When presented with a group project, most students work toward a good grade. For four classmates in John Rossi III’s Financial Planning course, their group project could give them a chance to win $10,000.
Rossi, an associate professor of accounting at Moravian College, gave each group in his class a scenario about a fictitious 24-year-old person, including their current financial status and their life goals moving forward, in order for the team to propose a financial course of action. According to the scenario, the fictional client is saddled with crippling debt but is armed with an idea for a mobile app focused on live music shows.
“We submitted a 10-page financial plan for the person in the scenario, which gave our recommendations as to what we thought they should do to be financially secure throughout their life,” said Sam Sortino ’14, the group’s team captain.
This 10-page paper advanced Sortino and his team, comprised of Arielle D’Acchille ’14, Greg Werstler ’15 and Danielle Zimmerman ’14, to the semifinals of the 2013 AICPA Accounting Case Competition in Financial Planning, an annual accounting competition that tests accounting students’ financial planning skills. Having competed against institutions across the country, the Moravian group is one of only 15 teams to secure a spot in the semifinals.
They thought through the process and presented their case in a professional manner and they deserve to win.”
– John Rossi III
“This group put a lot of effort into their project and it shows,” Rossi said. “They thought through the process and presented their case in a professional manner and they deserve to win.”
Having reached the semifinals, Sortino and his team were required to create a video addressing some new issues regarding their fictitious client’s finances a few years into the future. To view the group’s video, click here. If their video is chosen to advance – voting is open to the public and runs Nov. 13-20 – they will be one of just three teams to move on to the finals. These three finalists will be invited to Washington, D.C., where they will make a presentation to business leaders and members of the financial accounting profession.
“Hopefully we will make it to the finals in Washington, D.C., where we will have the chance at the grand prize of $10,000,” said Sortino. Second and third place will win $5,000 and $2,500, respectively.
“What is great is that if the team makes it to the finals, they will walk away with some money in their pockets, whether they come out on top or not,” said Rossi. “Keep your fingers crossed as we head down the road to victory.”
< Back to main page