Auburn University at Montgomery (AUM) accounting major Jack Wright has been awarded a $10,000 scholarship from the Public Company Accounting Oversight Board (PCAOB) Scholars Program. He is among college students from across the U.S. to receive the scholarship award for the 2020-21 academic year.
The PCAOB Scholars Program was established to award scholarships to benefit students who are likely to become auditors and to make a difference to students who might have otherwise chosen a different career path. Wright said he plans to use his $10,000 scholarship award to help cover tuition and related expenses next year.
“I cannot express how honored and grateful I am to receive this scholarship,” said Wright, who is president of the AUM Accounting Club. “However, I am more grateful to have so many outstanding professors who have put so much effort into making me the best student and future accountant I can possibly be.”
As part of receiving the scholarship award, PCAOB scholars must be enrolled in accounting degree programs at their nominating college or university. AUM School of Accountancy faculty members Keren Deal, Teresa Lang and Walter Smith were instrumental in helping him receive this year’s award, Wright said.
“I sincerely thank all who nominated me, and for teaching, guiding, advising and believing in me,” Wright said. “The entire School of Accountancy has had a tremendous impact on me, and it will never be forgotten.”
Wright, a sophomore, is the second AUM student to earn a PCAOB scholarship award. In 2019, AUM accounting student Teva Stinson became the first AUM student to earn a scholarship from the PCAOB Scholars Program.
About the Public Company Accounting Oversight Board
The Public Company Accounting Oversight Board (PCAOB) is a private sector non-profit corporation created through Congress’ passage of the Sarbanes-Oxley Act of 2002. The organization oversees audits of public companies and other issuers, protecting investors’ interests and ensuring preparation of accurate and independent audit reports. The PCAOB Scholars Program awards scholarship funds generated from the collection of monetary penalties paid by companies.