GERALD A. OLSON, C.P.A.
Master of Science, Accounting, December 1986, Illinois State University
Master of Science, Business Education, August 1975, Illinois State University
Bachelor of Science, Business Administration and History, June 1973, Illinois State
August 2002- PROFESSOR OF ACCOUNTING, Illinois Wesleyan University,
Present Bloomington, Illinois.
Courses taught: Accounting and Auditing Concepts and Theory, Advanced Financial Accounting,
Advanced Practice and Theory, Accounting Information Systems, International Business,
International Accounting, International Business Travel Seminar, Principles of Financial
and Managerial Accounting, Intermediate Accounting I and II, Auditing, Internship
in Industry, Introduction to Finance, and Teaching Internship.
October 2005- ACCOUNTING LECTURER, Illinois State University, Normal Illinois.
Present Course taught: International Accounting.
August 1995- ASSOCIATE PROFESSOR OF ACCOUNTING, Illinois Wesleyan University,
August 2002 Bloomington, Illinois.
August 1995- CHAIRPERSON, DEPARTMENT OF BUSINESS ADMINISTRATION,
May 2001 Illinois Wesleyan University, Bloomington, Illinois.
Provided leadership for one of the largest departments at IWU: eleven tenure line
faculty and several visitors serving approximately 400 students in four different
majors and four minors.
August 1986- ASSISTANT PROFESSOR OF ACCOUNTING, Illinois Wesleyan University, August
1995 Bloomington, Illinois.
August 1985- ACCOUNTING LECTURER (Adjunct), Illinois State University,
May 1989 Normal, Illinois.
Courses taught: Elementary Accounting I and II, Cost Accounting, and Intermediate
I and II.
August 1978- INSTRUCTOR OF ACCOUNTING, Illinois Valley Community College,
August 1986 Oglesby, Illinois.
Courses taught: Elementary Accounting I and II, Intermediate Accounting I and II,
Cost Accounting, Auditing, Income Tax Accounting, Accounting Internship, Financial
Management, Business Math, and Introduction to Business. Developed and implemented
associate in applied science in accounting degree program
January 1977- INSTRUCTOR OF FINANCE, Illinois State University,
May 1978 Normal, Illinois.
August 1976- INSTRUCTOR OF ACCOUNTING (Adjunct), Illinois Central College,
May 1977 East Peoria, Illinois.
August 1975- INSTRUCTOR OF BUSINESS EDUCATION, Illinois State University,
May 1976 Normal, Illinois.
August 1974- GRADUATE RESEARCH ASSISTANT, Illinois State University,
May 1975 Normal, Illinois.
August 1973- INTERNAL AUDITOR, Peoples Bank of Bloomington,
August 1974 Bloomington, Illinois.
SERVICE ACTIVITIES -Professional
Designed and implemented Accounting Leaders of Tomorrow program for students in Chicago
Public high schools, 2004-2006.
Presented web cast for CPA’s Technical Auditing Standards Update, Illinois CPA Society,
Implemented an on-site CPA review for Caterpillar Inc. February 2006 through August
2006. Worked with Caterpillar staff and Becker staff to create and deliver program.
Treasurer, Central Chapter Illinois CPA Society, Took responsibility for re-launching
inactive chapter, June 2005-Present
Presented seminar for CPE credit to Illinois Agricultural Auditing Association staff
titled: Ethical Decision-making in Professional Life, June 2005
Vice-President, Illinois CPA Society Board of Directors, 2006-Present
Director, Illinois CPA Society Board of Directors, 2004-2006
Member, Illinois CPA Society, Not for Profit Committee, May 2005-Present. Assisted
in the development of a curriculum for board members and executive directors of not
for profit organizations. IWU will host three seminars in 2006
Director, CPA Endowment Fund of Illinois, 2002-Present
Treasurer, CPA Endowment Fund of Illinois, 2003-2004
Member of Illinois CPA Society Task Force: Educator Issues Task Force, 1994- Present
Member of Illinois CPA Society Task Force: 150 Hour Rule Report Card, 1994-Present
Member of Illinois CPA Society Outstanding Educator Committee 2004-2005
Chair, State Farm Companies Foundation Exceptional Student Fellowship Committee, 2000-2001
Member, State Farm Companies Foundation Exceptional Student Fellowship Committee,
Member of Illinois CPA Society Educators/CPA's Issues Committee, 1994-1999
Participant in Illinois CPA Society forum, Impact of the 150-Hour Requirement: Hiring
and Staffing Issues after the Year 2000, November 1998
Chairperson, Illinois CPA Society Curriculum Innovation Grant Program, 1996-1997
Member Illinois CPA Society Curriculum Innovation Grant Program, 1994-1998
Hosted and moderated the Illinois CPA Society 150-Hour Educators' Meeting, March 1994
Past President, Central Illinois Chapter of the Institute of Management Accountants,
President, Central Illinois Chapter of the Institute of Management Accountants, 1992-1993
Member of Illinois CPA Society Task Force: Implementing the 150 Hour Rule, 1992-1995
Chairperson of the Illinois CPA Society Educator/Practitioner Conference Committee,
Member of the Illinois CPA Society Relations with Accounting Educators and Students
Organized and hosted the Illinois CPA Society 150 Hour Educators Meeting, March 1991
Vice-President of Communications, Central Illinois Chapter of the Institute of Management
Member of the Institute of Management Accountants, 1986-present
Member of the American Accounting Association, 1979-present
Member of the Illinois Accounting Teachers Conference Planning Committee, 1985-1998
With IWU Accounting Faculty hosted the Illinois Accounting Teachers Conference, October,
With Illinois Valley Community College Faculty hosted the Illinois Accounting Teachers
Conference, October, 1987
Conducted CPA Review Course for candidates in Bloomington Normal area, 1993-2000
Completed an internship in the Auditing Department of State Farm Insurance, Summer
Completed an internship with the Illinois Agricultural Auditing Association (a public
accounting firm), Summer 1990
SERVICE ACTIVITIES - Students
Designed and implemented 10 week full time internship experience for IWU junior accounting
majors, Spring 2005.
Faculty advisor for the IWU Student Accounting Society, 1987-present. Founder and
first faculty advisor for accounting society.
Faculty advisor for the IWU Student Affiliate Chapter of the Institute of Management
Faculty advisor for Phi Theta Kappa, National Community College Honor Society, 1979-1986.
SERVICE ACTIVITIES - IWU
Member IWU Admissions Committee, 2005-present.
Member Teaching and Learning Technology Roundtable, 2005-present.
Member IWU Council on University Policies and Procedures, 2002-2004.
Chairperson, IWU Department of Business Administration, 1995-2001.
Member of IWU Curriculum Council/Academic Standards Committee, 2000-2002.
Member Teaching and Learning Technology Roundtable, 2000-2001. Convenor of Campus
Pipeline Task Force.
Member IWU Post Tenure Review Task Force, 1999-2000.
Member Teaching and Learning Technology Roundtable, 1999-2000. Convenor of Tech Letter
Co-Chair - IWU Department Heads, 1999- 2000.
Member IWU Council on University Policies and Procedures, 1994-96.
Chairperson of the IWU Internship Liaison Committee, 1991-1997.
Member of the IWU Internship Liaison Committee, 1987-present.
Secretary to the IWU Faculty, 1988-1989.
Member of the IWU Student Life Committee, 1987-1989.
Member of the IWU United Community Fund Committee, 1987-1996.
YMCA Basketball Coach, 1996-1999.
Pony League Baseball Coach, 1995-1996.
Outstanding Accounting Educator – Promoting Diversity through Accounting Education,
Illinois CPA Society, 2006.
Nominated for Outstanding Accounting Educator, Illinois CPA Society, 1999.
IWU Professor of the Year, Presented by Theta Chi Fraternity, 1994.
Illinois Valley Community College Outstanding Instructor Award, 1985.
PRESENTATIONS AND PUBLICATIONS
“A Post-Tenure Review System that is Good Personnel Policy: Is it Possible?” The
International Business & Economics Research Journal, 2002, 1, no. 5, 7-15. (with Mike
Development of the Integrative Business Curriculum in a Small Liberal Arts College:
The Challenges and the Rewards, Allied Academies International Conference for Educational
Leadership, April, 2001.
Enhancing Lecturing with Technology, Presentation at Associated Colleges of Illinois'
Conference on Teaching Styles and Today's Learners: Enhancing Traditional Pedagogies
with Technology, June 12, 2000.
Teaching Integrated Business Courses: A Case Study, Presentation at Midwest Business
Administration Association Annual Meeting, March, 2000.
Reshuffling the Deck: The Link Between Intermediate, Cost, and Auditing, Presentation
at ICPAS Innovations in Accounting Education Forum, November, 1998.
Team Building Strategies for the First Year Accounting Course, Presentation with David
Willis at Midwest Business Administration Association Annual Meeting, February, 1998.
Using Travel Experiences to Enrich the International Business Curriculum, Presentation
at Midwest Business Administration Association Annual Meeting, March, 1997.
Faculty Development in International Business -- An Experience in Asia, Inside the
ICPAS, November, 1996.
Faculty Development in International Business, Presentation with Fred Hoyt at Illinois
Accounting Teachers Conference, October 25, 1996.
Served as a panelist in a discussion on Team Working and Collaborative Learning-Perspectives
and Results at the Illinois Accounting Teachers' Conference, October 20, 1995.
Served as a panelist in a discussion on The Development of Articulation Agreements
Between four-year Liberal Arts Colleges and Universities with Graduate Programs at
the Illinois Accounting Teachers' Conference, November 4, 1994.
Presented, with Professors Fields and Friedberg, a seminar on Team-Learning at the
Illinois Accounting Teachers Conference, October 29, 1993.
Presenter in a panel discussion on "Implementing the 150-Hour Rule in Illinois"
at the Illinois Accounting Teachers Conference, October 9, 1992.
"Internships: Experiential Learning or Part-Time Jobs" Presented with Natalie Mahoney
to IWU faculty Non-org meeting.
"Impact of 150 Hour Requirement on Private Liberal Arts Institutions", Presented to
the Illinois CPA Society 150 Hour Educators Meeting, March 1, 1991.
Participated with other IWU Business Administration Faculty in a presentation on financial
Developed and conducted a seminar on bank accounting systems for the American Institute
of Banking, 1982.
Prepared and graded two six hour exams for the Accreditation Council for Accountancy,
1979. These were national exams taken by public accountants and community college
graduates to become accredited as Public Accountants.
Received Curriculum Development Grant from IWU to develop a one semester introductory
accounting course that combines financial and managerial accounting, 1999.
Recipient of a $12,000 Curriculum Innovation Grant from the Illinois CPA Foundation
for a project co-authored with David Willis to develop an accounting curriculum that
integrates Auditing, Intermediate Accounting, and Cost Accounting, 1996.
Recipient of Artistic and Scholarly Development grant from IWU to study business conditions
in Southeast Asia, 1996.
Recipient of a research grant from the Illinois CPA Foundation for a research project
co-authored with Dr. Jack Fields. The title of the project was "Accounting Programs
at Small Liberal Arts Colleges: Strengths and Challenges", 1991.