First College of Business Student to Receive PCAOB Scholarship
University of Michigan-Dearborn student Kristen Domez is the first student in the College of Business (COB) to receive a prestigious scholarship from the Public Company Accounting Oversight Board.
Domez, who is pursuing the 4+1 option to earn accelerated bachelor's and master's degrees in Accounting, was nominated by the Accounting and Finance Department to receive a $10,000 merit-based scholarship from the Public Company Accounting Oversight Board (PCAOB).
“When I found out I was selected for the scholarship, I was very excited,” Domez explained. “Receiving the scholarship takes a lot of weight off my shoulders, and it allows me to focus more on earning my CPA certification. Instead of worrying about financial issues, I can focus on learning accounting during my remaining year of school.”
Domez plans to graduate next year and already has a job lined up with Deloitte in public accounting. “I went into accounting because I enjoy business, and there are multiple career paths you can take with an accounting degree. If I didn't enjoy one area of accounting, it was comforting to know there were opportunities I could pursue until I found the perfect fit."
The Sarbanes-Oxley Act of 2002 requires that monetary penalties imposed by the PCAOB in its disciplinary proceedings be used to fund this merit-based scholarship program for outstanding students in accredited accounting programs. This is the seventh year the PCAOB has funded the scholarship.