News

Stephen Loeb, retired University of Maryland Smith School professor and former department chair, was named a leading accounting ethics scholar by the Journal of Accounting Literature, which cites his foundational research and ranks UMD first among institutions in the field.

The Financial Information Systems and Cybersecurity Forum examined emerging cyber fraud threats, research and policy issues, while honoring the 25th anniversary of the Gordon-Loeb Model. Faculty and experts highlighted evolving scams, data-driven insights and the model’s lasting influence on cybersecurity investment decisions.

As International Fraud Awareness Week marks 25 years, the Smith School’s Samuel Handwerger warns that AI is fueling both false cheating accusations and large-scale “ghost student” financial-aid fraud—revealing how technology now endangers academic integrity, accountability, and public trust.

Twenty-one Smith School professors were named among the top 2% most cited researchers globally, according to Elsevier’s 2025 study across 22 fields. Representing both current and emeritus faculty, their impactful research advances business knowledge and global academic excellence.

The University of Maryland’s Justice for Fraud Victims program is partnering with the Frederick County State’s Attorney’s Office Economic Crimes Unit to fight financial crime, following a successful Prince George’s County collaboration, providing forensic accounting and courtroom support for investigations.

Sam Handwerger warns that TikTok is spreading 2025 tax scams, from fuel credit claims to fake W-2s and bogus self-employment credits. With AI voice cloning adding risks, the IRS created CASST and issued alerts urging caution over online tax advice.

President Trump paused trade talks with Canada over its digital services tax, calling it a threat to U.S. interests. Canada withdrew the tax to restart negotiations. Broader global tax reform remains uncertain, as key international agreements face political hurdles.

Smith faculty are shaping policy, business and society through influential research and public service. From AI and insurance reform to pay equity and public pensions, they’re winning top awards and earning national recognition for impact and innovation across disciplines.

NIL deals offer student-athletes new income—but also tax obligations. Smith lecturer Samuel Handwerger explains how earnings are taxed, what to watch for, and why planning, record-keeping and resources like TerpTax are key to staying financially and legally safe.

The Robert H. Smith School of Business honored Jacqueline Cardello ’93, CPA, president and managing partner of GRF CPAs & Advisors, with the Suzanne D. Hillman Award for Service to the Community, recognizing her leadership in accounting, mentorship, philanthropy, and AI education.