Deadlines
School of Accountancy Conference 2021
Presenters
Steve Albrecht
W. Steve Albrecht, a certified public accountant (CPA), certified internal auditor (CIA), and certified fraud examiner (CFE), received a bachelor’s degree in accounting from Brigham Young University and his MBA and PhD degrees from the University of Wisconsin.
Steve taught accounting, auditing and corporate governance/boards of directors at the University of Illinois, Stanford and BYU. He served as associate dean of the Marriott School of Business and director of the School of Accountancy at BYU for 20 years. He was president of the American Accounting Association, the organization of accounting professors in the U.S. and Canada, as well as president of several other academic organizations. He is the author or co-author of over 25 books and 125 academic articles on fraud, integrity, accounting, auditing and corporate governance/boards of directors. Dr. Albrecht has been selected as the winner of multiple awards and honors. In August 2015, Professor Albrecht received the Lifetime Service Award from the American Accounting Association.
He has consulted with numerous organizations, including Fortune 500 companies, major financial institutions, the United Nations, and FBI, and has been retained as an expert witness in 39 major fraud cases, including many of the largest financial statement fraud cases in the U.S. (Enron, Adelphia, Cendant, Tyco, Lincoln Savings & Loan, etc.) He has been on the AICPA Governing Counsel, the board of Regents of the Institute of Internal Auditors, president of the Association of Certified Fraud Examiners (a 90,000 member organization), the Financial Accounting Standards Advisory Committee (FASAC), the Financial Accounting Foundation (FAF). He received the Cressey Award from the Association of Certified Fraud Examiners, the highest award given for a lifetime of achievement in fraud detection and deterrence. In honor of his contributions to fighting fraud, the Association of Certified Fraud Examiners named one of its headquarter buildings in Austin, Texas after Dr. Albrecht.
Dr. Albrecht has served on the boards of directors of five public companies (SkyWest Airlines, Cypress SemiConductor, Red Hat, Inc., SunPower Corporation and CoreLogic) and six large private companies (ICON Health & Fitness, Bonneville International, Sallie Mae Bank, Larry H. Miller Corporation, OYO, and Deseret Mutual Benefit Administrators (DMBA) along with several smaller companies). He is currently the lead independent director at Larry H. Miller and chairs the audit committees of every board he is on except CoreLogic. As a director at Red Hat and as chair of the board of Cypress SemiConductor, Dr. Albrecht was instrumental in negotiating the sale of Red Hat to IBM at a 65% premium and Cypress SemiConductor to Infineon Technologies for a 62% premium. As a board member, he has also been involved in the acquisition of numerous companies.