L&Q Impact Report: July 2021 to June 2022

Ledger & Quill is the donor society of alumni and friends of DePaul University’s School of Accountancy & MIS. Established in 1972, L&Q provides ongoing financial support toward student scholarships, faculty development, and sponsorship of the school’s programs and activities. Below is the L&Q impact report for the period between July 1, 2021 and June 30, 2022.

L&Q MEMBERS: 410 OVERALL

STUDENT SCHOLARSHIPS

  • Total student scholarship dollars awarded: $611,664
  • Number of scholarship funds: 50 Average scholarship awarded: $1,446
  • Number of scholarship recipients: 423

L&Q ENDOWED SCHOLARSHIP

The L&Q Endowed Scholarship was established to support academically high achieving accounting students, especially Strobel Accounting Honors students. This year, the fund supported 19 students with $41,104 in total scholarships, with an average of $2,163 per student.

FACULTY DEVELOPMENT

L&Q funds faculty research and development in a number of ways that advance the school’s prestige and ranking. Highlights from faculty development in 2021-22 include:

  • Publication submissions to top quality accounting research journals
  • Specialized software for research and teaching, including Tableau, Caseware, Stata, BNA Bloomberg Tax, Tax Notes and databases such AICPA membership data to support research endeavors
  • American Accounting Association (AAA) membership, with access to quality journals, meetings, and resources for teaching, research and practice
  • AAA annual meeting registration (the 2021 theme, Be Courageous in the Midst of Challenge, featured dynamic and informative plenary and panel sessions that sharpened attendees’ understanding of current issues); live, interactive virtual rooms were used for all panel, research and paper sessions
  • AAA section meetings, which provided faculty with focus areas for research and teaching, including accounting behavior and organizations, accounting information systems, technologies and international accounting, accounting program leadership group, auditing, diversity, financial accounting and reporting, forensic accounting and more

STUDENT DEVELOPMENT

L&Q co-sponsored the annual Goglin Data Analytics Case Competition, which invites student teams to analyze financial data using Excel. This year’s case was the pandemic’s impact on airline companies. Four teams of 11 students competed, resulting in $4,200 in awards, with participation by L&Q board members serving as judges.

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