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	School of Business Eastern Illinois University Student Center for Academic & Professional Development Office: Lumpkin Hall 2051 Local Phone: 217-581-3528 Email: business@eiu.edu

Accounting Challenge

The Accountancy Program in the Lumpkin College of Business and Applied Science at Eastern Illinois University announced plans to conduct its 3rd Annual High School Accounting Challenge on Wednesday, April 9, 2008 on the EIU campus. The Challenge is an event featuring both individual and team academic competition in the study of accounting for high school students. During the course of the day, a variety of other presentations and events occur, including a tour of the EIU campus, presentations from EIU accounting students, and special presentations from accounting professionals from regional firms and the Illinois CPA Society. In 2007, over 200 students from 20 schools participated.

“The Accounting Challenge is a great opportunity for students to participate in a stimulating intellectual exercise, get introduced to the collegiate environment, obtain recognition for their efforts to master the discipline of accounting, and have some fun,” said Richard J. Palmer, Director of Eastern's Accountancy Program. Further, Palmer noted, “there are new and better incentives for the students and schools.” The individuals with the highest three scores on the Challenge exam will receive $1,500, $1,000 and $500 scholarships, respectively, to major in accounting at EIU. The schools with the three highest average team scores on the Challenge exam will receive $250, $150, and $100 awards, respectively. Plaques will be given to first through fifth place in both the individual and team categories.

Commenting on the success of the first two contests, Palmer observed, “The Accounting Challenge has succeeded because of the support of the area High School teachers who want to open their students’ minds to great possibilities. We are particularly honored by their participation and pleased that we can support them by way of this contest.”

For more information about participation in the EIU Accounting Challenge contact Professor Richard J. Palmer, Director of the Accountancy Program, at rjpalmer@eiu.edu or by phone at (217)-581-8308.

The EIU Accountancy Program is one of only 168 schools and departments of Accountancy in the world that is separately accredited by the Association to Advance Collegiate Schools of Business International, the premiere accrediting organization in business. Despite being one of the smaller universities in Illinois, EIU ranked fifth out of 12 state universities in the production of candidates passing the CPA exam in 2007, according to recently released figures for the Illinois Board of Examiners. The EIU student pass rate exceeded the state university average in all test categories.

For results of the 2007 Challenge, click here.

For more information please contact...

Richard J. Palmer, Ph.D., CPA, CMA
Lumpkin Distinguished Professor of Business
Lumpkin College of Business and Applied Sciences
3609 Lumpkin Hall
600 Lincoln Avenue
Eastern Illinois University
Charleston, IL 61920
Office Phone: (217)-581-8308
E-mail: rjpalmer@eiu.edu

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