For the fifth time in seven years, a Carroll School of Management team placed among the top 10 in the undergraduate division of the annual Tax Case Study Competition, sponsored by the Deloitte Foundation. On October 16 and 17, teams around the country were sequestered in Deloitte LLP offices and presented with a case involving complex tax issues and a tangle of facts and figures, some significant, others extraneous. With access to only the Internal Revenue Service Tax Code and U.S. Treasury regulations, the teams had five hours to produce written responses to a series of questions. “The case would take one person 20 hours to tackle,” says Janet Butchko, Deloitte’s foundation and university relations manager. “The students have to divide up the labor and work cohesively.”
Of eight competitors from the northeast, Boston College was the only school named among the winners. (First place went to Brigham Young University.) Team members were awarded $200 apiece, and the Carroll School received $2,000, according to accounting department chair Billy Soo. On November 11, David Lemoine, a partner in Deloitte LLP, presented the awards in Fulton Hall’s Lynch Center. Above (from left), are Soo, Alyssa Martin ’10, accounting lecturer Edward Taylor, Lemoine, Tim Faria ’10, and Ryan Flaherty ’10. Elizabeth Ferriss ’10 was also on the team.