Tax & Accounting Blog

Lehigh University: First to Bring Real World Tax Technology to Classroom

Global Tax Compliance, Tax Provision, US Income Tax Compliance August 30, 2011

This year, adjunct professor of tax, Robert Duquette, CPA, utilized ONESOURCE Tax Provision and ONESOURCE Income Tax in his new course Applied Federal Income Taxation: Planning and Compliance at Lehigh University. This was the first time that undergraduate audit students were exposed to real world corporate transactions. I spent some time with Professor Duquette to learn more about his experience with ONESOURCE in the classroom. This is the first of a two-part series.

How did you hear about ONESOURCE?
I learned about the ONESOURCE portfolio from my former colleagues at Ernst & Young. I was trying to determine what skill sets employers were looking for in new college recruits given the enormous changes in the marketplace over the past 10 years, including the substantial increase in complexity in tax law and financial reporting requirements.

Why did you feel that this was important for students to learn ONESOURCE Tax Provision and Income Tax?
Since a large part of the Fortune 1000 and virtually all of the national and regional accounting firms use these products, learning them puts Lehigh students at a competitive advantage. Lehigh graduates tend to be placed as entry level auditors and this course exposed students to two major income tax accounting applications that they will all most probably have to use soon after graduation.

How was this course different from the current offerings at Lehigh?
Utilizing the ONESOURCE platform helped illustrate, in an interactive relevant manner, how to post and audit book to tax differences, and what impact they have on the effective tax rate.

How was it that you utilized the ONESOURCE tools?
 Students were able to see the dramatic impact on the effective rate that results from certain tax planning transactions, as well as when errors are made in the provision calculation.

What do you think the students got from this course?
Based on student evaluations, the class felt it was one of the most useful courses in their 4 or 5 year college experience. Typical evaluations in their own words:

“Possibly the most relevant and useful accounting class at Lehigh.”
“Way more valuable info than any other accounting course.”
“This course prepared me very well for the real world and working in a Big 4.”

Would you do this again?

Without question, the introduction of these tools in the classroom is exactly the kind of things instructors should do more of in order to introduce students to simulate real life experiences. This helps the college or university be seen as being relevant to employers looking for qualified students, as well as to students and their parents when evaluating which business school to attend.

To learn more about this course please contact Professor Duquette at