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Washington State University’s accounting department has received an anonymous gift of $1.5 million to create an endowment supporting its highest priorities.

The Excellence Fund endowed with the Accounting Department of WSU Carson College of Business will help achieve a wide range of goals, which may change from year to year and may include, but are not limited to, undergraduate counseling , career guidance and event support.

According to Bernard Wong-On-Wing, professor and chair of the accounting department at WSU, the donation will help the department:

  • Increase focus on high-impact learning practices to further motivate student engagement and active learning
  • Continue to pursue excellence in teaching with an innovative curriculum that includes topics such as environmental, social and governance (ESG) issues, data analytics and cybersecurity
  • Better recruit and retain diverse and underrepresented students

“These specifics primarily emphasize faculty teaching responsibilities and required technical skills,” Wong-On-Wing added. “As such, they complement activities designed to develop the soft and professional skills that are also important for our accounting students.”

Chip Hunter, Dean of Carson College, spoke about the impact of giving on student and faculty recruitment as well as student learning outcomes.

“The accounting program plays an important role in realizing Carson College’s vision of becoming the premier choice for business education in the Pacific Northwest,” Hunter said. “This donation will help us continue to excel in preparing accounting students with the skills and experience they need to land that first job and become leaders in the profession and in the communities they will serve.”

“The gift will expand the college’s flexibility to meet the accounting program’s highest priorities,” Hunter said, “which include recruiting a diverse student body, building student skills and job placement outcomes, and alignment with industry and government standards worldwide”.

WSU System President Kirk Schulz praised the generosity of the donation as well as its broad reach, the latter allowing the Dean of Carson College flexibility in allocating the funds.

“Unrestricted support can have an incredible impact,” Schulz said. “Priorities, initiatives and technologies to support our students, faculty and staff inevitably change over time. The flexible nature of unlimited support creates opportunities for our leaders to make strategic investments where they will have the greatest return on that investment.