Tyler Van Stone has been awarded a $10,000 academic scholarship by the Public Companies Accounting Oversight Board (PCAOB). Van Stone is a junior at HPU, a pitcher on the baseball team, an officer of the Accounting Club, and a tutor for accounting courses. He completed a summer 2016 position with a CPA firm in his home town of Las Vegas. Upon graduation with a BSBA degree and concentration in accounting, he is considering completion of the HPU MBA program, while taking the CPA and other professional accounting exams.
The PCAOB is part of the Federal Government’s Security Exchange Commission and conducts inspections of the practices of CPA firms, which audit publicly traded corporations. It provides academic scholarships using funds generated from fines assessed to these CPA firms based on inspections of firms’ policies, practices and audit opinions. About 70 scholarships are awarded each year. Different universities have been selected during each of the past four years since this program was established. Hawai‘i Pacific University was considered for the first time during the 2015-2016 academic year.
Jack Karbens, Ed.D., Associate Professor of Accounting and Finance, was contacted directly by the scholarship organization retained by the PCAOB and asked to recommend a candidate. Van Stone was recommended as an outstanding representative of accounting students at HPU.