Prof funds scholarship for YSU accounting majors

Staff report

YOUNGSTOWN

David E. Stout, an endowed accounting professor in the Williamson College of Business Administration at Youngstown State University, has established a scholarship to be awarded annually to a full-time undergraduate majoring in accounting at YSU.

“It just seems that, in these challenging economic times, establishing a scholarship was the right thing to do,” said Stout, adding, “We hope it will encourage the development of other scholarships.”

He plans to fund the scholarship using royalties from a textbook he co-authored in 2010.

To be eligible for the David E. and Anne C. Stout Accounting Scholarship, an applicant must be of junior standing or higher, have a GPA of at least 3.0 and be an active member of the Student Chapter of the Institute of Management Accountants. Stout helped reactivate the chapter at YSU in 2009.

The first scholarship for $1,500 will be awarded this spring.

Stout came to YSU in 2003 when he was named the John S. and Doris M. Andrews Endowed Chair in Accounting after a two-year national search, coming from Villanova University, where he was accounting- department chairman.

A prolific author, he has more than 80 published articles to his credit in addition to the textbook, “Cost Management: A Strategic Emphasis,” published by McGraw-Hill.

He is editor-in-chief of the Journal of Accounting Education and serves on the American Accounting Association Board of Directors.

To apply for the Stout Accounting Scholarship, contact the Lariccia School of Accounting and Finance, 330-941-3084; to inquire about establishing a YSU scholarship, contact University Development, 330-941-3119.