Akron Chapter IMA Event

Tangier Restaurant

April 21, 2010

PAST PRESIDENTS’ NIGHT

Technical Session

  RAY G. STEPHENS, CPA, CMA, D.B.A.

Professor of Accountancy, Ohio University and Director, Ohio Center for Professional Accountancy 

“Changes in Accounting for Variable Interest Entities and Transfer of Financial Assets” 

Ray G. Stephens, D.B.A., C.P.A., C.M.A., is Professor of Accountancy at Ohio University and Director, Ohio Center for Professional Accountancy.  His current teaching and research interests are in corporate financial reporting and attest services.  Professor Stephens earned his doctorate from the Graduate School of Business Administration, Harvard University (D.B.A.).  He was James E. Daley Professor from 2004 to 2007 and Director of the School of Accountancy from 1998 to 2007 at Ohio University.  He was KPMG Peat Marwick Professor of Accounting at Kent State University for eight years, a faculty member at The Ohio State University for thirteen years, and has also held instructional positions at Harvard University, East Carolina University, Boston University, and the American College in Paris (France).  

Professor Stephens is the recipient in 2008 of the Ohio Society of CPAs 100^th Anniversary Most Influential Accountant in First 100 Years award, was the recipient of the Ohio Society of CPAs Gold Medal in 2004 and the 2004 National Beta Alpha Psi Business Information Professional in Education Award, was the 1995 Ohio Outstanding Accounting Educator, and formerly served a term on the Accountancy Board of Ohio (2001-2009; chair 2005-2006).  He is serving as a member of NASBA’s Regulatory Response Committee and its International Task Force and as a member of the AICPA’s FAR Subcommittee of the CPA Examination Content Committee. Professor Stephens has several years of banking experience, has been involved in consulting projects with public companies and has served extensively as a consultant and expert witness in accounting and auditing. 

He is a frequent instructor for executive and continuing education programs and was awarded an AICPA Outstanding CPE Instructor in 1991 and the Ohio Society of CPAs Outstanding Discussion Leader in 1995.  Dr. Stephens serves as a director of Virginia Electronic & Lighting Corporation and Appalachian Visiting Nurse Association, Hospice and Health Services, Inc.  He is a former Academic Accounting Fellow at the Securities & Exchange Commission, a former Senior Academic Fellow in the Office of the Auditor of the State of Ohio, and a former Faculty Resident with Arthur Andersen & Co., and currently serves as the North American Accounting and Auditing Consultant for CPA Associates International, Inc.  Professor Stephens has authored numerous books and articles.  He and his wife reside in Athens, OH.