Moon Area High School (MAHS) students finished first and fourth in a financial statement analysis contest, part of a Pennsylvania Institute of Certified Public Accountants Conference on Tuesday, November 13, 2018, at Duquesne University.
MAHS has won the competition four out of the past five years.
Three teams of MAHS students were among approximately 30 teams representing 18 schools throughout the region. More than 250 students attended the event.
Moon entered three teams of students who are currently enrolled in either Accounting 1 or the College in High School Accounting course. The highest team point total in the competition determines the finishing order with a maximum score of 40.
MAHS’s first-place team scored 36 and the fourth-place team scored 25. Knoch finished second and North Allegheny claimed third, while Seton LaSalle tied the second MAHS team for fourth-place.
The first-place team included Patrick Fletcher, Aidan Daniels, Ethan Diggins, Damon Slencak, Zack Zeigler, Colin Buzza, Aidan Kearns, Marc Pelkington, Dante Mamone, Ben Daniels and Dominic Ventura.
Placing fourth was the team consisting of Tony Tamilia, Zac Bogats, Connor Ryan, Ryan Meneskie, Austin McKenna, Sean Brennan, Justin Presutti, Austin Ryan and Maria-Emilia Sawaya.
The competition asked teams of students to analyze the financial reports of American Eagle Outfitters 2017 annual report. The report is submitted to the Securities and Exchange Commission (SEC). Members of the first, second, third, and fourth place teams received a trophy, gift card, drawstring backpack, or fidget spinner.
The conference, referred to as the Accounting Career Day, is an opportunity to enhance the curriculum in giving students the opportunity to learn from professionals representing a variety of accounting disciplines. Speakers included Jeff Mitch, American Eagle; Ryan Bianco, Schneider Downs; and Andrew Giallonardo of Grossman, Yanak & Ford.