Spring 2014 Magazine - Immaculata University - page 41

“From the early days of my career, I
felt the need to give back to the CPA
profession that provided me with a good
income and a flexible work schedule to
tend to my family,” stated Immaculata
alumna Judith Heim O’Dell ’70, CPA,
CVA. As recipient of the American
Institute of Certified Public Accountants
(AICPA) Special Recognition Award for
2014, O’Dell has certainly given back to
her profession.
Judy O’Dell ’70
Established in 1999, the AICPA award is
bestowed when an individual’s efforts warrant
special recognition for outstanding contributions.
In O’Dell’s case, she was instrumental in help-
ing to make significant changes in the accounting
standard-setting process as chair of the Financial
Accounting Standards Board’s (FASB) Private
Company Financial Reporting Committee for six
years. In addition, she worked within the FASB
processes to raise the awareness and concern of
private business and advocated for simplification of
accounting standards for private companies.
As president of O’Dell Valuation Consulting,
LLC, CPA in Chestertown, MD, O’Dell has over
40 years of public accounting experience and was
named one of
Accounting Today’s
Top 100 Most
Influential People from 2007-2011. She served on
the Board of the AICPA and as a trustee of the
Financial Accounting Foundation as well as chair of
the Audit Advisory Committee of the U.S. General
Accountability Office.
Graduating with a B.A. in Economics in 1970,
O’Dell decided to become a CPA with urging from
Sister Cor Immaculata, IHM. The IHM charism of
service was influential in her education.
“This award had its roots in my Immaculata
experience,” explained O’Dell. Holding leader-
ship roles in campus organizations, serving on the
Alumni Association Board of Governors, and the
ability to put my accounting talents to work serving
on Immaculata’s Board of Trustees for nine years as
chair of the Finance and Property Committee, and
later as vice chair of the Board, gave me the oppor-
tunity to excel in my career.”
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