Mohammad Kaloti, a student in the MS-Professional Accounting program, has been awarded a $10,000 scholarship from the Public Company Accounting Oversight Board (PCAOB). PCAOB awarded scholarships to students representing each U.S. state and territory for the 2022-23 academic year.
The PCAOB Scholars Program supports the next generation of auditors by helping to make careers in auditing possible for the best and brightest, according to PCAOB Chair Erica Y. Williams.
“We’re so proud of Mohammad for being recognized for his accomplishments with this honor,” said Dean Kaushal Chari.
Kaloti graduated with a bachelor’s degree in accounting and finance in May 2022, and will complete his master’s program this coming May.
The Sarbanes-Oxley Act of 2002 requires that funds generated from the collection of PCAOB monetary penalties must be used to fund a merit scholarship program for students in accredited accounting degree programs. The PCAOB Scholars Program was created to identify eligible students and to award funds through the students’ educational institutions.