WCBA student receives PCAOB scholarship

Cierra Anzelmo, a senior Accounting major, minoring in both international business and marketing, at Youngstown State University, is the recipient of the 2023-24 Public Company Accounting Oversight Board Student Scholarship of $10,000 for Undergraduate Students.

Anzelmo recently completed an accounting internship with Schroedel, Scullin, & Bestic, LLC in Canfield this past spring. She also worked as a global logistics intern for the summer and fall of 2022 at Humtown Products in Columbiana as part of the Ohio Export Internship Program.

Anzelmo serves as the vice president of the Student Information & Supply Chain Association and treasurer for the YSU Chapter of the Society for Human Resource Management. She also serves as the secretary for the YSU Chapter of Beta Alpha Psi and social media coordinator for the YSU Chapter of the Institute of Management Accountants. In addition, Anzelmo holds a student membership with the Ohio Society of Certified Public Accountants and is a member of the YSU Student Investment Fund.

Anzelmo has been named to both the President’s List and Dean’s List every semester she has attended YSU. She was Student of the Year for the YSU Chapter of Beta Alpha Psi this past academic year and is an honorary member of Beta Gamma Sigma, Phi Kappa Phi and Alpha Lambda Delta. Furthermore, she is pursuing a Certificate in Enterprise Resource Planning (ERP) and will graduate in May 2024.

The Sarbanes-Oxley Act of 2002 provides that funds from the collection of PCAOB monetary penalties is used to fund a merit scholarship program for students in accredited accounting degree programs. Recipients are nominated by their respective institution. Institutions participate in the scholarship program based on their accreditation and the number of students they graduate with accounting degrees each year.

Since the program’s inception in 2011, the PCAOB has awarded $22.42 million in scholarships to 2,242 recipients. This year’s group of 369 PCAOB Scholars is the largest number of recipients in the program’s history, an increase driven largely by the PCAOB’s expansion of the number of institutions eligible to participate in the program. The PCAOB also made permanent and expanded its initiative to provide scholarship funds for community college transfer students.