Detailed Information for Terry Patton

Dr. Terry Patton 
College of Business Administration, Dillard
 » Dean, Robert Madera Distinguished Professorship of Accounting
Office Location
Dillard College of Business Administration 233 		Voice: (940) 397-4088
 		 

Contact Information

terry.patton@mwsu.edu

My Websites

Interests

Research Interests

Governmental accounting and financial reporting, Information content of governmental financial statements, Governmental auditing, Service efforts and accomplishments for state and local governments

Teaching Interests

Auditing, Governmental and Nonprofit Accounting, Financial Accounting

Course Information

  Semester Course #    Section Course Name Location Days / Times
Details Spring 2013 ACCT 4333  201  Govt & Nonprofit Entity Acct    Dillard College of Business Administration 343

TR 930 1050
Details Spring 2013 ACCT 4333  280  Govt & Nonprofit Entity Acct    Dillard College of Business Administration 343

TR 1730 1850
Details Fall 2012 ACCT 4553  102  Ind Stdy: Acct Res & Comm    Dillard College of Business Administration 

MW 930 1050
Details Spring 2012 4333  202  Govt & Nonprofit Entity Acct    Dillard College of Business Administration 336

MW 11:00-12:20
Details Spring 2012 4223  270  Accounting Research & Comm    Dillard College of Business Administration 336

MW 17:30-18:50
Details Fall 2011 4223  170  Accounting Research & Communication    Dillard College of Business Administration 178 MW 0700pm-0820pm
Details Fall 2011 4063  101  Auditing    Dillard College of Business Administration 343 MW 0930am-1050am
Details Fall 2011 4063  102  Auditing    Dillard College of Business Administration 343 MW 1230pm-0150pm
Details Summer II 2011 6663  B40  Spec Grad Topics in Busn Admin      
Details Summer II 2011 5993  B40  Grad Internatl Iss in Business      
Details Summer II 2011 4993  B40, B41  Internatl Issues in Business      
Details Spring 2011 5223  270  Accounting Research and Communications    Dillard College of Business Administration 338

W 7:00-9:50pm
Details Spring 2011 4333  201  Govt & Nonprofit Entity Acct    Dillard College of Business Administration 336

TR 11:00-12:20
Details Spring 2011 4333  280  Govt & Nonprofit Entity Acct    Dillard College of Business Administration 338

TR 5:30-6:50pm
Details Fall 2010 4063  101  Auditing    Dillard College of Business Administration 338

MW
9:30 a.m. - 10:50 a.m.
Details Fall 2010 4063  102  Auditing    Dillard College of Business Administration 338

MW
11:00 a.m - 12:20 p.m
 
Details Fall 2010 4063  170  Auditing    Dillard College of Business Administration 338

MW
5:30 p.m. - 6:50 p.m.


Education Background

Institution Degree    Graduation Date
Midwestern State University B.B.A, Accounting 1984 
University of North Texas M.S., Accounting-Taxation 1991 
Texas Tech University Ph.D., Accounting 1999 


Employment Background

Institution Position Start Date / End Date
 Mathis, West, Huffines & Co., P.C.  Audit Supervisor  1984-Jan  1989-June
 Terry K. Patton, CPA  Sole Proprietor  1989-Aug  1992-July
  Texas Tech University  Teaching and Research Assistant  1992-Aug  1996-May
 Governmental Accounting Standards Board  Project Manager  1997-Oct  1999-June
 Midwestern State University  Adjunct Professor  1998-Aug  1998-Dec
 University of Wisconsin Oshkosh  Assistant Professor  1999-Aug  2001-May
 Governmental Accounting Standards Board  Research Manager  2001-July  2007-July
 Rutgers University  Adjunct Professor  2006-Aug  2006-Dec


Research and Publications

Refereed Articles 

Vermeer, T. E., Styles, A. K., & Patton, T. K. (2011).  Do Local Governments Present Required Disclosures for Defined Benefit Pension Plans?  Journal of Accounting and Public Policy, 31, 44-68.  

Vermeer, T. E., Styles, A. K., & Patton, T. K. (2010).  Are Local Governments Adopting Optimistic Actuarial Methods and Assumptions for Defined Benefit Plans?  Journal of Public Budgeting, Accounting & Financial Mgt, 23 (4), 511-542.  

Vermeer, T. E., Patton, T. K., & Styles, A. K. (2011).  Reporting of General Infrastructure Assets Under GASB Statement No. 34.  Accounting Horizons, 25 (2), 27.  

Patton, T. K. & Freeman, R. J. (2009).  The GASB Turns 25: A Retrospective.  Government Finance Review, 25 (2), 20-26.  

McSwain, D. N., Patton, T. K., & Benco, D. C. (2008).  Intangibles: Governments' Forgotten Capital Assets.  CPA Journal, 78 (4), 4.  

Patton, T. K. & Bauer, K. (2008).  The GASB OPEB Standards: To Comply or Not to Comply.  Today's CPA, 35 (4), 28-31.  

Plummer, E., Hutchison, P. D., & Patton, T. K. (2007).  GASB 34's Governmental Financial Reporting Model: Evidence on Its Information Relevance.  Accounting Review, 82 (1), 205-240.  

Kinnersley, R. & Patton, T. K. (2005).  GASB Statements 34 and 41: A Deeper Understanding of Budgetary Reporting.  CPA Journal, 75 (3), 20-25.  

Patton, T. K. & Freeman, R. J. (2005).  Governmental Accounting Standards Come of Age: Highlights from the First 20 Years.  Government Finance Review, 21 (2), 16-20.  

Fountain, J. R., Patton, T. K., & Steinberg, H. I. (2004).  Improving Performance Reporting for Government: New Guidance and Resources.  Journal of Government Financial Management, 53 (1), 60-64.  

Patton, T. K., Kinnersley, R. L., & Patton, S. R. (2001).  A Primer for Writing an Effective Management's Discussion and Analysis.  Journal of Government Financial Management, 50 (4), 52-60.  

Patton, T. K. & Bean, D. R. (2001).  The Why and How of the New Capital Asset Reporting Requirements.  Public Budgeting & Finance, 21 (3), 31-46.  

Clancy, D. K. & Patton, T. K. (1996).  Service Efforts and Accomplishments Reporting: A Study of Texas Public Schools.  Public Budgeting and Financial Management, 8 (272-302).  

Manual 

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Smith, Jr., G. R. , & Patton, T. K. (2009).  Governmental Accounting, Reporting & Auditing Update, Lubbock, TX:  Center for Professional Development at Texas Tech University.  

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Smith, Jr., G. R. , & Patton, T. K. (2009).  Governmental Accounting and Financial Reporting, Lubbock, TX:  Center for Professional Development at Texas Tech University.  

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Smith, G. R. , & Patton, T. K. (2008).  Governmental Accounting and Financial Reporting, Lubbock, TX:  Center for Professional Development at Texas Tech University.  

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Smith, G. R. , & Patton, T. K. (2008).  Governmental Accounting, Reporting & Auditing Update, Lubbock, TX:  Center for Professional Development at Texas Tech University.  

Patton, S. R., Patton, T. K. , Ursery, P. N. , Holland, S. E. , & Burgess, C. A. (2000).  Guide to Governmental Financial Reporting Model, Fort Worth, Texas:  Practitioners Publishing Company.  

Patton, T. K. (1991).  Preparing Schedule K and Interpreting Schedule K-1, Denton, Texas:  Professional Development Institute.  

Patton, T. K. (1991).  At-Risk Rules, Denton, Texas:  Professional Development Institute.  

Book 

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Patton, T. K. , & Smith, G. R. (2010).  Governmental and Nonprofit Accounting: Theory and Practice (9th Edition revised) Pearson Prentice Hall.  

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Patton, T. K. , & Smith, G. R. (2008).  Governmental and Nonprofit Accounting: Theory and Practice, Ninth Edition, Upper Saddle River, New Jersey:  Pearson Prentice Hall.  

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Patton, T. K. , & Smith, G. R. (2008).  Governmental and Nonprofit Accounting: Theory and Practice, International Edition, Upper Saddle River, New Jersey:  Pearson Prentice Hall.  

Epstein, P., Fountain, J., Campbell, W., Patton, T., & Keaton, K. (2005).  Government Service Efforts and Accomplishments Performance Reports: A Guide to Understanding, Norwalk, CT:  Governmental Accounting Standards Board.  

Fountain, J., Campbell, W., Patton, T., Epstein, P., & Cohn, M. (2003).  Reporting Performance Information: Suggested Criteria for Effective Communication, Norwalk, CT:  Governmental Accounting Standards Board.  

Cases 

Patton, T. K. & Khan, A. (2003). "Financial Analysis of the City of Mesquite Falls, Texas, Using Comprehensive Annual Financial Reports",  In Aman Khan and W. Bartley Hildreth (Eds.) Case Studies in Public Budgeting and Financial Management, 2nd edition, (pp. 27). Marcel Dekker, Inc..  

Patton, T. K. & Freeman, R. J. (2003). "Changes for Governmental Financial Reporting",  In Aman Khan and W. Bartley Hildreth (Eds.) Case Studies in Public Budgeting and Financial Management, 2nd edition, (pp. 14). Marcel Dekker, Inc..  

Book Supplement 

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Patton, T. K. , & Smith, Jr., G. R. (2010). "The Solutions Manual",  Governmental and Nonprofit Accounting, Ninth Edition Revised. Upper Saddle River, New Jersey:  Prentice Hall.  

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Patton, T. K. , & Smith, Jr., G. R. (2010). "Test Item File",  Governmental and Nonprofit Accounting: Ninth Edition Revised. Upper Saddle River, New Jersey:  Prentice Hall.  

Freeman, R. J., Shoulders, C. D. , Allison, G. D. , Patton, T. K. , & Smith, G. R. (2008). "Test Item File",  In Kierra Kashickey (Ed.) Governmental and Nonprofit Accounting: Ninth Edition. Upper Saddle River, NJ:  Pearson Prentice Hall.  

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Patton, T. K. , & Smith, G. R. (2008). "Solutions Manual",  In Kierra Kashickey (Ed.) Governmental and Nonprofit Accounting: Ninth Edition. Upper Saddle River, NJ:  Pearson Prentice Hall.  

Freeman, R. J., Shoulders, C. D. , Allison, G. S. , Patton, T. K. , & Smith, G. R. (2008). "The Instructor's Manual",  In Kierra Kashickey (Ed.) Governmental and Nonprofit Accounting: Ninth Edition. Upper Saddle River, NJ:  Pearson Prentice Hall.  

Presentation of Refereed Papers 

National

Gaharan, C. G., Patton, T. K. , Zachry, B., & Fanguy, R. (2011). GASB or FASB? An Analysis Suggesting the Need for Change.   American Accounting Association Annual Meeting, Denver, Colorado.

Vermeer, T. E., Patton, T. K. , & Styles, A. K. (2010). Reporting of General Infrastructure under GASB Statement No. 34.   American Accounting Association Annual Meeting, San Francisco, California.

Vermeer, T. E., Styles, A. K. , & Patton, T. K. (2009). Do Local Governments Present Required Disclosures for Defined Benefit Plans?   American Accounting Association Annual Meeting, New York City, New York.

Plummer, E., Hutchison, P. D. , & Patton, T. K. (2005, August). GASB 34's Financial Reporting Model: Evidence of its Information Relevance.   American Accounting Association Annual Meeting, San Francisco, California.

Patton, T. K. & Bean, D. R. (2002). The New Infrastructure Reporting Rules.   Association for Budgeting and Financil Management, 13th Annual Conference, Washington, District of Columbia.

Regional

Vermeer, T. E., Styles, A. K. , & Patton, T. K. (2009). Do Local Governments Present Required Disclosures for Defined Benefit Plans?   American Accounting Association Western Region Meeting, SanDiego, California.

Research Reports 

2011: Patton, T. K., & Springstead, J., GASB Standard Identifies Applicable FASB and AICPA Accounting Literature., submitted to AICPA Government Brief.

Other Research Activities 

Contribution to Practice

2005: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Fall 2005).

2006: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Spring 2006).

2006: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Summer 2006).

2004: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Fall 2004).

2005: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Spring 2005).

2005: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Summer 2005).

2003: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Fall 2003).

2004: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Summer 2004).

2002: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Fall 2002).

2003: Other Publications.  Article about recent developments at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Spring 2003).

2002: Other Publications.  Article about research opportunities at the GASB for the American Accounting Association-Government and NonProfit section newsletter, "Government and NonProfit News" (Spring 2002).

1999: Other Publications.  Article (co-author Penny Wardlow) entitled, "Viewpoints: Why Infrastructure Reporting" published in GASB Action Report in May 1999 (p. 4-6).