Kimberli Ishaug

Distinguished Service, Accounting

isha9572@stthomas.edu

(651) 962-5427

2115 Summit Ave
McNeely Hall 320
St. Paul, MN 55105

B.S., Accounting, University of Minnesota
M.B.A., , University of Minnesota - Carlson School of Management

See publications in UST Research Online

Kimberli Ishaug is a distinguished service professor in the Department of Accounting. She received a bachelor's degree and an M.B.A. in accounting from the University of Minnesota. While an undergraduate at the university, she had the opportunity to intern at Grant Thornton LLP in their state and local tax department. Upon graduation, she accepted an offer of a full-time position with the firm, ultimately working there for 12 years as staff accountant, senior accountant, manager and, eventually, senior manager.

While at Grant Thornton, Ishaug worked on a wide variety of publicly traded and privately held companies in the middle market. Her specialty industries included franchise businesses, software, manufacturing and hospitality, for which she primarily managed audits but also was involved in consulting engagements or merger and acquisition deals.

Ishaug left Grant Thornton in 2007 to begin teaching. At St. Mary's University-Minnesota, she taught intermediate accounting, advanced accounting and auditing, and also took in a financial reporting role at Rimage Corporation for one year while teaching. After leaving Rimage, she joined Certes Financial Pros in a consulting role.

In 2011, Ishaug joined the university, where she teaches an Emerging Issues in Financial Reporting class for the UST Master of Science degree in Accounting Program, and an intermediate accounting class for the Evening UST MBA Program.

Fall 2014 Courses
Fall 2014 Courses
Crs - Sec Title Days Time Location
ACCT 311 - 02 Intermediate Accounting I M - W - - - - 1335 - 1510 MCH 110
Description of course Intermediate Accounting I : CRN: 42631
The theory of accounting is studied as it relates to the external financial reporting requirements of profit-oriented businesses. Major subjects include review of the basic financial statements, valuation of most assets, and revenue recognition. Prerequisite: A minimum grade of C- in ACCT 210

Schedule Details

Location Time Day(s)
ACCT 311 - 03 Intermediate Accounting I M - W - - - - 1525 - 1700 MCH 110
Description of course Intermediate Accounting I : CRN: 42632
The theory of accounting is studied as it relates to the external financial reporting requirements of profit-oriented businesses. Major subjects include review of the basic financial statements, valuation of most assets, and revenue recognition. Prerequisite: A minimum grade of C- in ACCT 210

Schedule Details

Location Time Day(s)
ACCT 770 - 710 Financial Reporting M - W - - - - 0900 - 1030 SCH 407
Description of course Financial Reporting : CRN: 42658
This course provides an intensive, critical analysis of important current and emerging financial accounting and reporting issues. Protection of the public interest is the focus of this analysis. Business and financial situations will be analyzed in light of developing issues, and recent relevant pronouncements will be evaluated. This course will have significant coordination with other courses offered during the same term.

Schedule Details

Location Time Day(s)
J-Term 2015 Courses
J-Term 2015 Courses
Crs - Sec Title Days Time Location
Spring 2015 Courses
Spring 2015 Courses
Crs - Sec Title Days Time Location
ACCT 311 - 01 Intermediate Accounting I M - W - - - - 1115 - 1255 TMH 353
Description of course Intermediate Accounting I : CRN: 21879
The theory of accounting is studied as it relates to the external financial reporting requirements of profit-oriented businesses. Major subjects include review of the basic financial statements, valuation of most assets, and revenue recognition. Prerequisite: A minimum grade of C- in ACCT 210

Schedule Details

Location Time Day(s)
ACCT 311 - 02 Intermediate Accounting I M - W - - - - 1315 - 1455 TMH 353
Description of course Intermediate Accounting I : CRN: 21880
The theory of accounting is studied as it relates to the external financial reporting requirements of profit-oriented businesses. Major subjects include review of the basic financial statements, valuation of most assets, and revenue recognition. Prerequisite: A minimum grade of C- in ACCT 210

Schedule Details

Location Time Day(s)
ACCT 701 - 201 Intermediate Accounting 1 - - W - - - - 1800 - 2100 TMH 348
Description of course Intermediate Accounting 1 : CRN: 21905
The first in a three-course sequence in the study of the theory and practice of accounting as it relates to the external reporting requirements of profit-oriented businesses. The course will emphasize understanding the underlying theory of current Financial Accounting Standards Board rules and their application in practice situations. Topics, such as the major financial statements, valuation of most assets, current liabilities, and revenue recognition will be discussed. -- Prerequisite: Standard core courses including ACCT601

Schedule Details

Location Time Day(s)
Academic and Professional Positions
  • Adjunct Instructor, University of St. Thomas, St. Paul / Minneapolis (2011 - present)
  • Contractor, Certes Financial Pros, Golden Valley (2008 - present)
  • Adjunct Instructor, St. Mary's University, Minneapolis (2008 - present)
  • Manager of Financial Reporting, Rimage Corporation, Minneapolis (2007 - 2008)
  • Assurance Senior Manager, Grant Thornton, LLP, Minneapolis (1996 - 2007)
  • Intern, Grant Thornton, LLP, Minneapolis (1995 - 1996)
  • Accounting Assistant, Blue Valley Recreation Commission, Overland Park (1993 - 1994)

Public Service
  • Oak Point Elementary Parent Teacher Organization, Officer, Treasurer

Publications

Books and Chapters

Research Interests
  • Accounting
  • Auditing

Presentations