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VSPCA donates $59,250 in scholarships

As part of the VSCPA’s focus on ‘increasing diversity’ in the CPA profession, the foundation also awarded an additional VSCPA Minority Scholarship this year, bringing the total to four

The Virginia Society of Certified Public Accountants (VSCPA) educational foundation has awarded $59,250 in undergraduate, graduate and doctoral scholarships to 26 accounting college students across Virginia.

As part of the VSCPA’s focus on “increasing diversity” in the CPA profession, the foundation also awarded an additional VSCPA Minority Scholarship this year, bringing the total to four. 

In addition, this year Virginia Tech student Elizabeth Michalowicz of Glen Allen received the first ‘Samuel A. Derieux, CPA, Memorial Scholarship’. 

Derieux, who died March 8, 2020, was a Richmond-based CPA who retired from Deloitte, Haskins and Sells – now Deloitte and Touche – where he was managing partner of the Richmond office.

He was a VSCPA past president and long-time member who “tirelessly championed” the accounting profession and helped “shape the modern face” of the VSCPA and American Institute of CPAs (AICPA). 

Having been the only CPA to serve as both president and chair of the AICPA, Derieux was honored with a lifetime seat on the AICPA’s governing Council. The foundation established this memorial scholarship to “honor his commitment to the CPA profession”. 

Foundation scholarship applicants must be currently enrolled or have been accepted in an accounting program at a Virginia college or university. 

Other selection criteria for the awards include overall academic performance, entry essay, faculty recommendations and community and/or extracurricular activities.

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