JEANNIE M. FOLK
Education - Undergraduate Level
I have a Bachelor of Business Administration with a major in Public Accounting from Loyola University Chicago. After graduating, I worked for a year or so for a marketing firm (the continuation of a part-time job that was essential to financing my college education). I passed the CPA Exam shortly thereafter and am a Certified Public Accountant (CPA).
Public Accounting Experience
After my one-year full-time stint with a marketing firm, I joined the Aurora office of Coopers & Lybrand (now part of PricewaterhouseCoopers). As a member of the firm's General Practice staff, I developed a variety of skills related to the auditing of manufacturing companies, financial institutions, community colleges and other governmental entities, and not-for-profit organizations, and researching a variety of accounting, auditing, tax and SEC technical issues. As an Audit Manager, I was responsible for all elements of client service, and planned, organized, and directed auditing and consulting engagements.
In plain English, I led teams of CPAs who went into companies to check (or audit) their books and records. Our goal was to ensure that what a company was telling others (outside the company) about the financial aspects of its operations (things such as net income or profit and information about what the company owns and owes to others) was reasonably fair and accurate. I definitely did not sit in an office adding up columns of numbers all day. I supervised my staff, reviewed and interpreted information, made decisions, and communicated my findings orally and in writing. In fact, the ability to communicate clearly and concisely was probably the most critical aspect of my life in public accounting. The most exciting part of my job was meeting and dealing with a wide variety of interesting, and unusual, people. CPAs travel, work long hours during selected times of the year, and deal with a lot of stressful situations.
Education - Graduate Level
For quite a few years, I was able to maintain a reasonable balance between my professional and personal lives. However, after about twelve years with the firm, with my third child on the way, I decided that a change was in order. After much soul-searching, I chose not to return to Coopers & Lybrand, and enrolled instead in the Graduate School of Business at Northern Illinois University. After attending classes and teaching at NIU for three semesters, I earned my Masters of Accountancy, and joined the faculty at College of DuPage that fall.
Teaching Responsibilities at C.O.D.
As a full-time faculty member, I currently teach Financial Accounting (ACCOU 1140), Managerial Accounting (ACCOU 1150), Auditing I (ACCOU 2271), and Auditing II (ACCOU 2272). I have also taught Advanced Accounting - Consolidations, Business Combinations, Partnerships and International Operations Mergers & Acquisitions, and College Survival Skills.
To meet the needs of working adults who find it hard to commit to a classroom course schedule, a few years ago, I developed and teach the online versions of Financial Accounting and Managerial Accounting (ACCOU 1140 and ACCOU 1150) and Auditing I and II (ACCOU 2271 and ACCOU2272).
Service to the College Community
In addition to my teaching responsibilities, I enjoy advising students who are considering careers in the accounting field. Also, as a Cooperative Education Faculty Advisor, I supervise students currently employed in cooperative education positions in the accounting field. I serve on various COD committees.
I am a member of the American Institute of Certified Public Accountants, Illinois CPA Society, American Accounting Association, and TACTYC (Teachers of Accounting in Two-Year Colleges). I serve various Illinois CPA Society committees, including the CPA Examination Transition Task Force and the Outstanding Educator Task Force.
I have authored and co-authored a variety of books and have helped publishers develop relevant videos programs for use in the classroom. Recent efforts include, but are not limited to, the following:
Interactive Study Guides on CD-ROM:
Awards & Honors
I have been honored with the following: