Pingyang Gao Awarded Deloitte Foundation Doctoral Fellowship in Accounting

New Haven, Conn., February 9, 2007 — Pingyang Gao, a doctoral student in accounting at the Yale School of Management, has been awarded a $25,000 grant from the Deloitte Foundation Doctoral Fellowship Program.

Gao is one of ten doctoral students to receive a 2007 fellowship grant from the Deloitte Foundation. The students were nominated by the accounting faculty of their universities and chosen by a selection committee of accounting educators. Each will receive $5,000 during his or her final year of course work and $20,000 during the subsequent year of completing a dissertation.

The Deloitte Foundation is a not-for-profit arm of Deloitte & Touche USA LLP that supports teaching, research, and curriculum innovation in accounting, business, and related fields within the U.S. Its doctoral fellowship program was founded more than 50 years ago and has supported more than 900 scholars.

“We are proud to continue our legacy of providing financial support for a program that gives exceptional students the resources to complete their doctoral degrees in accounting and to pursue careers in teaching and accounting research,” said Shaun Budnik, President of the Deloitte Foundation, in a statement. “Advancing opportunities for talented professionals to complete their PhDs in accounting is a critical issue facing our profession today. We’ve already seen the tremendous impact these scholars have had on our profession -- both in terms of the quality of research they have produced and the passion they have brought to teaching the next generation of accountants.”