Karen Foust – Accounting Professor

Professor Karen Foust is a highly respected professor of the Freeman School of Business. She acquired her undergraduate, MBA and PhD degrees at Tulane University. Before she started her teaching career in 1994, she worked at a CPA firm and then as a financial controller in a not-for- profit organization. She has been a professor at Freeman since 2003.

Professor Foust is teaching Alternative Financial Accounting Frameworks and Financial Reporting I and II. As an accounting professor, she is an expert at both U.S. Generally Accepted Accounting Principles and International Financial Reporting Standards. Her area of research is writing cases and critical incidents that can then be used in the classroom to teach particular topics in accounting. Her lectures in class are organized so that we learn about details of the accounting standards, and to compare and summarize.

Professor Foust says accounting knowledge can be a valuable source of information to help you understand what you are reading in a financial report. It is important to think for yourself and understand how accounting rules make sense. In this way we find the development of accounting standards to be fascinating.

By Zheying “Melody” Chen 14’MACCT