UM Accounting Professor Awarded State Association’s Highest Honor

July 09, 2015

Teresa Beed

MISSOULA – A professor who has taught accounting in the University of Montana’s School of Business Administration for more than 35 years was recently awarded the Montana Society of Certified Public Accountants’ highest honor.

The association presented the 2015 George D. Anderson Distinguished Service Award to Teresa Beed at its 102nd annual conference in June. The award is given annually to a member of MSCPA whose contribution to the accounting profession and involvement in community, charitable and civic activities merit the society’s outstanding recognition.

Beed, who was born and raised in Wolf Point, came to Missoula for the first time when she began college. She earned her bachelor’s and master’s degrees from UM and taught at her alma mater for four years before earning her doctorate from the University of Colorado Boulder. She returned to UM in 1980 and estimates she has taught between 5,000 and 7,000 students over the past 35 years.

“Teresa was and is a natural-born teacher,” said longtime UM Professor Jack Kempner. “Based on her many successful years of teaching and advising students, she has gained a deserved reputation as an outstanding educator.”

Beed has played an integral role in MSCPA for years by serving on and leading committees, helping promote financial literacy, serving on the board of directors and acting as a bridge between the profession and accounting students.  

“We have been so lucky to have Teresa as an advocate for accounting in Montana,” said Jane Egan, MSCPA executive director. “She lobbies for the students, she lobbies for the profession and the outcome is always good for both Montana employers and Montana CPAs. She’s proof that one person can – and does – make a difference.”

In addition to presenting the award to Beed during its June 18 conference in Kalispell, MSCPA also named UM accounting Associate Professor Joshua Herbold as secretary/treasurer of its Board of Directors for 2015-16. Merna Lechman, a UM alumna and vice president and assistant controller with D.A. Davidson Companies in Great Falls, was appointed to a three-year term on MSCPA’s Board of Directors.

MSCPA is a professional association comprised of more than 1,700 members worldwide. Its mission is to inspire, empower and impact members to achieve professional excellence.

Contact: Tammy Yedinak, executive assistant to the dean, UM School of Business Administration, 406-243-6195,