Message from the Chair
The LP and Timothy Leung School of Accounting’s vision is to “be a premier Christian accounting school, recognized as a thought leader on accounting character and competence to reflect the life of Christ and shine the light of Truth.” Building on Azusa Pacific University’s God First mission, our focus is to develop thought leaders in the accounting profession and beyond who have a commitment to the Truth.
Truth, after all, is what accounting is all about. Unfortunately, accounting ethics is frequently viewed as an oxymoron, when in fact it should be viewed as redundant—that is, accounting without ethics is no account at all. In the Leung School of Accounting, we focus on character and competence, because either one alone is not enough. As President Theodore Roosevelt once observed, “To educate a man in mind and not in morals is to educate a menace to society.” On the other hand, every professional code of conduct recognizes that there is no room for an incompetent professional.
My favorite accountant in the Bible is Daniel, who rose to manage empires’ assets under three very disparate kings. From Babylon to the Medes and Persians, the king of each kingdom put Daniel in charge because “he was trustworthy, and neither corrupt nor negligent.” These same values are demanded of today’s accountants. In fact, years of research show that if professional accountants fail, it is for one of two reasons: corruption or negligence.
To avoid these pitfalls and serve the public well, accounting professionals must know what to do, and have the moral courage to do it. But how do we have the courage to do the right thing at the risk of great personal cost? That’s where our Christian faith comes into play. Daniel understood that God is sovereign over the kingdoms of this world; firmly believing this truth, the Leung School serves as a thought leader in educating students, accounting professionals, and the public about our duty and calling to ethical accounting, and ultimately to the Truth.
In that spirit, we invite you to join us for our annual Accounting Ethics Continuing Professional Education Day and hear speakers such as Cynthia Cooper, a TIME Person of the Year for her role in unraveling one of the biggest financial statement frauds in history.
John M. Thornton, Ph.D., CPA
LP and Bobbi Leung Chair of Accounting Ethics; Professor, School of Accounting
Note: This information is current for the 2022-23 academic year; however, all stated academic information is subject to change. Please refer to the current Academic Catalog for more information.