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University Relations

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Nov. 3, 2005
Contact: Allen Ford, professor of business, (785) 864-7523.

University of Kansas graduate students advance in annual tax competition

LAWRENCE -- Four University of Kansas graduate students have advanced to the national finals of the fourth annual Deloitte Tax Case Study Competition. The students advanced after competing in a regional competition at KU's Edwards Campus in Overland Park on Oct. 15. KU served as host for the regional event.

One of seven throughout the United States, the regional competition was part of a nationwide, interscholastic competition for undergraduate and graduate tax students. The Tax Case Study Competition, sponsored by the Deloitte Foundation, a nonprofit arm of professional services firm Deloitte & Touche USA LLP, features two levels of competition, regional and national. At the regional competition, the team competes against all teams nationwide, not just those at the regional site.

The KU team will travel to Orlando, Fla., for the national competition Nov. 18 through 20. The four graduate students comprising KU's team, all Kansas high school graduates, are Audrey Huston, Kansas City; Amber Hirsh, Kinsley; Adam Sweet, Colby; and Sarah Lintecum, Mission Hills.

At both levels, each team of up to four students has five hours to complete a complex, hypothetical case study that tests the students' knowledge on a variety of tax topics. The case studies require participants to analyze information and identify data relevant for tax purposes; to identify issues and alternative tax treatments; and to develop a recommended solution that appropriately cites the Internal Revenue Code and Treasury Regulations. At the end of the competition, each team submits a written solution to its case for evaluation by a panel of judges from subsidiaries of Deloitte & Touche.

KU started sending graduate teams to the competition in 1993 when it was the Arthur Andersen Tax Challenge. They have been finalists seven times and have earned honorable mentions four times. For first place nationally, team members receive $1,000 scholarships and $10,000 for their school. The national second place team will be awarded $500 per student and $5,000 for its school, and all team members for the other four finalists will receive $250 each and $2,500 for their school.

On Oct. 15, students competed in regional competitions at KU, Boston College, Georgia State University, The Ohio State University, University of Southern California, University of Washington and the University of Wisconsin-Madison. A field of 54 teams representing more than 40 school teams attended.

The top 12 teams that advanced to the national competition are from University of Central Florida, University of Denver, University of Kansas, Utah State University, University of Washington and College of William & Mary in the graduate division and Boston College, Brigham Young University, University of Denver, University of Northern Colorado, College of William & Mary and University of Wisconsin - Madison in the undergraduate division.

The following schools will receive regional honorable mention awards: Brigham Young University, Georgia State University, University of Missouri - Columbia and University of Oklahoma in the graduate division and Creighton University, University of Iowa, Utah State University and The Ohio State University in the undergraduate division.

Students, their hometowns, majors, parents names and high schools (when available) are:

EDWARDS COUNTY
From Kinsley and Del Valle, Texas
Amber Hirsh, master's degree student in accounting and information systems, daughter of David Hirsh of Kinsley and Renee Hirsh of Del Valle, Texas; Kinsley High School graduate who received a bachelor's degree in accounting and business administration from KU.

JOHNSON COUNTY
From Mission Hills
Sarah Lintecum, master's degree student in accounting and information systems, daughter of Frederick and Laura Lintecum; Shawnee Mission East High School graduate who received a bachelor's degree in accounting and business administration from KU.

THOMAS COUNTY
From Colby
Adam Sweet, master's degree student in accounting and information systems, son of Dee and Kathy Sweet; Atwood High School graduate who received a bachelor's degree in accounting and business administration from KU.

WYANDOTTE COUNTY
From Kansas City
Audrey Huston, master's degree student in accounting and information systems, daughter of Randy and Sharon Huston; Turner High School graduate who received a bachelor's degree in accounting and business administration from KU.

TEXAS
From Del Valle and Kinsley, Kan.
Amber Hirsh. SEE EDWARDS COUNTY

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