The Accounting Research Center (ARC) at the University of Hawaiʻi at Mānoa’s Shidler College of Business will be renovated and modernized thanks to a $50,000 KPMG donation.
ARC was originally named in 1980 after a gift from Peat, Marwick, Mitchell & Company (now known as KPMG) and will be renamed the KPMG Center for Accounting Excellence. The center will serve as a multifunctional room for student and professional development activities, including CPA review classes, and as a meeting room for the accounting clubs.
“KPMG is proud to continue its support of the Shidler College of Business,” said Nelson Lau, office managing partner at KPMG. “We believe in investing in young talent who will someday soon contribute their skills to the accounting field. This gift will help to refurbish and update the ARC space so it can continue to be a place for students to learn, study and grow.”
“In addition to KPMG’s support of the ARC room, they continue to support the college and our students,” said Vance Roley, dean of the Shidler College of Business and interim dean of the School of Travel Industry Management. “KPMG partners and alumni have served on the Shidler and School of Accountancy advisory boards, and served as speakers and mentors for student events. They have been great corporate partners for more than 40 years and we are grateful for their support.”
KPMG also funds the KPMG LLP Scholarship for Accounting Excellence in accounting and sponsors the Outstanding Senior in Accounting at the college’s annual Business Night event. The Honolulu office provides internships to several Shidler students each semester and to date, has employed more than 450 Shidler graduates.