Progyan Basu

Progyan Basu

Dr. Basu has over 30 years of experience teaching accounting at the undergraduate and graduate levels. He has also taught accounting courses and seminars for professionals in the US and abroad. His research interests include financial accounting, and he has had a number of academic presentations and publications. He has been recognized for his contributions to the undergraduate and EMBA programs at Smith School and received the Allen C. Krowe Teaching Excellence Award for the (2012), CIBER Award for Teaching Innovation Global Learning (2018), and Distinguished Teaching Awards for multiple years (2013-14, 2014-15, 2015-16). At the University of Maryland level, he has been recognized for his contributions to improving the learning experience of University of Maryland students by being selected as a Philip Merrill Presidential Scholars Program Outstanding Faculty Mentor (2013-14), Teaching and Learning Transformation Center Elevate Fellow (2014-15), and UMD Undergraduate Studies Faculty Fellow (formerly, Lily Fellows) (2014-15). Basu also received several teaching awards and recognitions at his previous appointment at the Terry College of Business at the University of Georgia.

Maryland Smith Seniors, Faculty among Merrill Presidential Scholars Program Honorees for 2020-21

Three pairs of Maryland Smith students-faculty mentors have been recognized among this year’s graduating class of University of Maryland Philip Merrill Presidential Scholars.

The late Philip Merrill, UMD supporter and long-time Washington area publisher, initiated the Merrill Presidential Scholar program in 2004 to build a community of scholars, faculty members, and K-12 teachers to promote “teaching and mentoring the next generation.”

The recognitions further cite a K-12 teacher-mentor of each scholar:

Progyan Basu Receives CIBER Award for Teaching Innovation in Global Learning

The Center for Global Business (CGB) at the University of Maryland's Robert H. Smith School of Business is pleased to announce that Progyan Basu, a clinical professor in the accounting and information assurance department, received the third annual CIBER Award for Teaching Innovation in Global Learning. The award recognizes a Smith faculty member who has demonstrated a commitment to teaching for a global mindset, meaning an openness to and awareness of diversity across cultures and markets.

Smith Hosts Accounting Teaching Scholars Reception

On April 19, 2018, the Accounting and Information Assurance Department (AIA) at the University of Maryland’s Robert H. Smith School of Business hosted its annual Accounting Teaching Scholars (ATS) reception and dinner. The event honored the current class of ATS fellows, welcomed the newly selected students into the program, celebrated ATS alumni and offered appreciation for the program’s corporate partners. It was hosted by the AIA department chair Martin Loeb and the faculty champions of the ATS program, Progyan Basu and Gary Bulmash.

Undergrads Enjoy Stacks on Smith

It’s the most dreaded, vilified, and painful week of the semester. No, not Shark Week. Finals Week. Students at the University of Maryland know too well when it’s Finals Week; sleep becomes a forgone luxury, and eating either a temporary solution to avoid work or the only break you get from studying. Of course, fun, becomes but a forgotten fairytale, obliterated by the reality of final exams. But for one night, this is not the case.

Toshiba's Accounting Scandal: Catching the Fuzzy Math

Toshiba is known for producing televisions, computers and, as of this summer, an epic accounting scandal. Its CEO resigned in July after an outside investigator documented that the Japanese company had overstated earnings by $1.2 billion since 2008. Smith School accounting professor Progyan Basu says detecting the point at which reasonable managerial discretion crosses the line into something more nefarious remains "more of an art than a science." Read more...

Smith Business Close-Up: Stockpiling Cash

Thursday, Aug. 19, 2010, 7:30 p.m.; Sunday, Aug. 22, 2010, 7:30 a.m.; Monday, Aug. 23, 2010, 4:30 a.m.

Stockpiling Cash 


A recent Wall Street Journal article reported that U.S. companies have been stockpiling cash and cash equivalents. According to the Federal Reserve, cash balances at nonfinancial companies are at the highest level ($1.84 trillion) since 1952. On a different measure, Cash represents 7% of all assets, the highest level since 1963. What’s causing companies to stockpile and how will this effect the economy?


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