Stanley Kratchman, a professor of accounting at Mays Business School, was recently named the recipient of the KPMG Mentoring Award from the American Accounting Association Gender Issues and Work-Life Balance Section. This national award is given each year to a teacher who has impacted the lives of women in accounting. The award will be presented on August 5, at the AAA annual meeting in Anaheim, California. The award includes a $1,000 cash prize.
Kratchman is in good company, as in 2005 fellow Mays Professor of Accounting Robert H. Strawser also received this award.
Nominated candidates are judged on two major criteria: significant mentoring of women in accounting as measured by the levels of achievement of those women; and a demonstration of mentoring activities for at least ten years. Kratchman has been an educator for more than 40 years, the last 31 of which have been spent at A&M. He was one of the original members of the university’s Mentor Program, a service that provides students with a safe haven for questions about anything from life, to relationships, to careers.
“Stan Kratchman has been a particularly dedicated and caring professor throughout his career,” said Jim Benjamin, head of the accounting department at Mays. “He is known for his enthusiasm for his teaching and he always makes the extra effort to encourage and mentor his students.”
Kratchman has guided the academic progress of female accounting students at all levels, including bachelor’s, master’s, and doctoral students. With Kratchman’s guidance, these students have gone on to successful careers in public accounting, industry, and academia.
Though many of his students have achieved tremendous professional careers, Kratchman says that to him, their overall happiness in life is a much greater indicator of their success than their job title.
Among his former students is accounting professor Susan Ivancevich at the University of North Carolina at Wilmington. “Dr. Kratchman is absolutely a wonderful person and professor,” said Ivancevich. “He is extremely nice, caring, and always interested in his students as both students and people. He is patient, fair, approachable, highly ethical and is a superb mentorâ€¦I owe a good portion of my success to him, as I am not sure I would have finished my PhD without his help.”
Kratchman has done research in the area of gender issues in accounting, and says he’s seen a gradual shift in his academic career when it comes to women in the field of accounting. Where once women were seldom seen in his classes, he says now, they outnumber male students in the classroom. “This profession has gone from very, very male dominated in the 50’s and 60’sâ€¦now there are a lot of females in the field of accounting, but their movement up the ladder can still be very slow,” he said. Kratchman says that the biggest challenge now for some women in accounting is finding a balance for home and work life. “It’s a very demanding jobâ€¦it’s not a nine-to-five job. In large CPA firms, 60 and 70 hour work weeks are common.”
Kratchman has received numerous awards for excellence in teaching, including two Distinguished Teaching Awards from the Texas A&M University Association of Former Students. He has received awards for outstanding service to Mays Business School and a Teaching Excellence Award from the University’s Beta Alpha Psi Chapter. He has also received two certificates of merit for papers presented to the National Association of Accountants.