University Profile Database

Dr. Terry Patton CPA, CGMA, CGFM

Email Addresses
terry.patton@msutexas.edu
My Websites
  • Management Information Systems (MIS)
    Chair

    Office Location
    Dillard College of Business Administration 287A
    Phone
    Voice: (940) 397-4364

    Accounting
    Chair

    Office Location
    Dillard College of Business Administration 287A
    Phone
    Voice: (940) 397-4364

    Legal Studies
    Chair

    Office Location
    Dillard College of Business Administration 287A
    Phone
    Voice: (940) 397-4364

    Dillard College Departments
    Chair

    Office Location
    Dillard College of Business Administration 287A
    Phone
    Voice: (940) 397-4364
  •   Semester Course # Section Course Name Location Days / Times
    Details Fall 2019 ACCT 4063 101 Auditing Dillard College of Business Administration 338
    Details Fall 2019 ACCT 4063 102 Auditing Dillard College of Business Administration 338
    Details Spring 2019 ACCT 4333 201 Governmental and Nonprofit Entity Accounting Dillard College of Business Administration 338
    Details Spring 2019 ACCT 4333 202 Governmental and Nonprofit Entity Accounting Dillard College of Business Administration 338
    Details Fall 2018 ACCT 4063 101 Auditing Dillard College of Business Administration 345
    Details Fall 2018 ACCT 4063 102 Auditing Dillard College of Business Administration 345
    Details Spring 2018 ACCT 4333 201 Governmental and Nonprofit Entity Accounting Dillard College of Business Administration 338

    MW 8:00-9:20 am

    Details Spring 2018 ACCT 4333 202 Governmental and Nonprofit Entity Accounting Dillard College of Business Administration 338
    Details Fall 2017 ACCT 4063 101 Auditing Dillard College of Business Administration 338
    Details Fall 2017 ACCT 4063 102 Auditing Dillard College of Business Administration 338
    Details Spring 2017 ACCT 4333 201 Government and Nonprofit Entity Accounting Dillard College of Business Administration 338
    Details Spring 2017 ACCT 4333 201 Governmental and Nonprofit Entity Accounting Dillard College of Business Administration 338
    Details Fall 2016 ACCT 6553 102 Independent Graduate Study in Accounting Dillard College of Business Administration 233
    Details Fall 2016 ACCT 4063 101 Auditing Dillard College of Business Administration 336
    Details Spring 2016 ACCT 4333 201 Government and Nonproft Entity Accounting Dillard College of Business Administration DB 345
    Details Fall 2015 ACCT 4063 101 Auditing Dillard College of Business Administration 338

    9:30-10:50 TR

    Details Spring 2015 ACCT 4333 201 Governmental and Nonprofit Entity Accountng Dillard College of Business Administration 345

    9:30-10:50 a.m. TR

  • Institution Degree Graduation Date
    Midwestern State University B.B.A, Accounting 1984
    University of North Texas M.S., Accounting-Taxation 1991
    Texas Tech University Ph.D., Accounting 1999
  • Institution Position Start Date End Date
    Mathis, West, Huffines & Co., P.C. Audit Supervisor 1984-Jan 1989-June
    Terry K. Patton, CPA Sole Proprietor 1989-Aug 1992-July
    Texas Tech University Teaching and Research Assistant 1992-Aug 1996-May
    Governmental Accounting Standards Board Project Manager 1997-Oct 1999-June
    Midwestern State University Adjunct Professor 1998-Aug 1998-Dec
    University of Wisconsin Oshkosh Assistant Professor 1999-Aug 2001-May
    Governmental Accounting Standards Board Research Manager 2001-July 2007-July
    Rutgers University Adjunct Professor 2006-Aug 2006-Dec
  • Refereed Articles 

    Plummer, E. & Patton, T. K. (in press, 2014).  Using Financial Statements to Provide Evidence on the Fiscal Sustainability of the States.   Journal of Public Budgeting, Accounting & Financial Mgt.  

    Patton, T. K. & Hutchison, P. (2013).  HIstorical Development of Financial Reporting Model For State and Local Governments in the United States from Late 1800s to 1999.   Accounting Historians Journal, 35 (2), 21-54.  

    Vermeer, T. E., Styles, A. K., & Patton, T. K. (2012).  Do Local Governments Present Required Disclosures for Defined Benefit Pension Plans?   Journal of Accounting and Public Policy, 31, 44-68.  

    Vermeer, T. E., Patton, T. K., & Styles, A. K. (2011).  Reporting of General Infrastructure Assets Under GASB Statement No. 34.   Accounting Horizons, 25 (2), 27.  

    Vermeer, T. E., Styles, A. K., & Patton, T. K. (2010).  Are Local Governments Adopting Optimistic Actuarial Methods and Assumptions for Defined Benefit Plans?   Journal of Public Budgeting, Accounting & Financial Mgt, 23 (4), 511-542.  

    Patton, T. K. & Freeman, R. J. (2009).  The GASB Turns 25: A Retrospective.   Government Finance Review, 25 (2), 20-26.  

    McSwain, D. N., Patton, T. K., & Benco, D. C. (2008).  Intangibles: Governments' Forgotten Capital Assets.   CPA Journal, 78 (4), 4.  

    Patton, T. K. & Bauer, K. (2008).  The GASB OPEB Standards: To Comply or Not to Comply.   Today's CPA, 35 (4), 28-31.  

    Plummer, E., Hutchison, P. D., & Patton, T. K. (2007).  GASB 34's Governmental Financial Reporting Model: Evidence on Its Information Relevance.   Accounting Review, 82 (1), 205-240.  

    Kinnersley, R. & Patton, T. K. (2005).  GASB Statements 34 and 41: A Deeper Understanding of Budgetary Reporting.   CPA Journal, 75 (3), 20-25.  

    Patton, T. K. & Freeman, R. J. (2005).  Governmental Accounting Standards Come of Age: Highlights from the First 20 Years.   Government Finance Review, 21 (2), 16-20.  

    Fountain, J. R., Patton, T. K., & Steinberg, H. I. (2004).  Improving Performance Reporting for Government: New Guidance and Resources.   Journal of Government Financial Management, 53 (1), 60-64.  

    Patton, T. K., Kinnersley, R. L., & Patton, S. R. (2001).  A Primer for Writing an Effective Management's Discussion and Analysis.   Journal of Government Financial Management, 50 (4), 52-60.  

    Patton, T. K. & Bean, D. R. (2001).  The Why and How of the New Capital Asset Reporting Requirements.   Public Budgeting & Finance, 21 (3), 31-46.  

    Clancy, D. K. & Patton, T. K. (1996).  Service Efforts and Accomplishments Reporting: A Study of Texas Public Schools.   Public Budgeting and Financial Management, 8 (272-302).  

    Manual 

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Smith, Jr., G. R., & Patton, T. K. (2009).  Governmental Accounting, Reporting & Auditing Update. Lubbock, TX:  Center for Professional Development at Texas Tech University.  

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Smith, Jr., G. R., & Patton, T. K. (2009).  Governmental Accounting and Financial Reporting. Lubbock, TX:  Center for Professional Development at Texas Tech University.  

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Smith, G. R., & Patton, T. K. (2008).  Governmental Accounting and Financial Reporting. Lubbock, TX:  Center for Professional Development at Texas Tech University.  

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Smith, G. R., & Patton, T. K. (2008).  Governmental Accounting, Reporting & Auditing Update. Lubbock, TX:  Center for Professional Development at Texas Tech University.  

    Patton, S. R., Patton, T. K., Ursery, P. N., Holland, S. E., & Burgess, C. A. (2000).  Guide to Governmental Financial Reporting Model. Fort Worth, Texas:  Practitioners Publishing Company.  

    Patton, T. K. (1991).  Preparing Schedule K and Interpreting Schedule K-1. Denton, Texas:  Professional Development Institute.  

    Patton, T. K. (1991).  At-Risk Rules. Denton, Texas:  Professional Development Institute.  

    Book 

    Ives, M., Patton, T. K., & Patton, S. R. (2012).  Introduction to Governmental and Not-For-Profit Accounting (7th Edition). Upper Saddle River, New Jersey:  Pearson Education, Inc..  

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Patton, T. K., & Smith, G. R. (2010).  Governmental and Nonprofit Accounting: Theory and Practice (9th Edition revised) Pearson Prentice Hall.  

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Patton, T. K., & Smith, G. R. (2008).  Governmental and Nonprofit Accounting: Theory and Practice, Ninth Edition. Upper Saddle River, New Jersey:  Pearson Prentice Hall.  

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Patton, T. K., & Smith, G. R. (2008).  Governmental and Nonprofit Accounting: Theory and Practice, International Edition. Upper Saddle River, New Jersey:  Pearson Prentice Hall.  

    Epstein, P., Fountain, J., Campbell, W., Patton, T., & Keaton, K. (2005).  Government Service Efforts and Accomplishments Performance Reports: A Guide to Understanding. Norwalk, CT:  Governmental Accounting Standards Board.  

    Fountain, J., Campbell, W., Patton, T., Epstein, P., & Cohn, M. (2003).  Reporting Performance Information: Suggested Criteria for Effective Communication. Norwalk, CT:  Governmental Accounting Standards Board.  

    Cases 

    Patton, T. K. & Khan, A. (2003). Financial Analysis of the City of Mesquite Falls, Texas, Using Comprehensive Annual Financial Reports. In Aman Khan and W. Bartley Hildreth (Eds.), Case Studies in Public Budgeting and Financial Management, 2nd edition (pp. 27). Marcel Dekker, Inc.. 

    Patton, T. K. & Freeman, R. J. (2003). Changes for Governmental Financial Reporting. In Aman Khan and W. Bartley Hildreth (Eds.), Case Studies in Public Budgeting and Financial Management, 2nd edition (pp. 14). Marcel Dekker, Inc.. 

    Book Supplement 

    Ives, M., Patton, T. K., & Patton, S. R. (2012). The Solutions Manual. Introduction to Governmental and Not-For-Profit Accounting (7th Edition). Pearson Education, Inc.. 

    Patton, T. K. & Patton, S. R. (2012). PowerPoint Slides. Introduction to Governmental and Not-For-Profit Accounting (7th Edition). Pearson Education, Inc.. 

    Patton, T. K. & Patton, S. R. (2012). Test Item File. Introduction to Governmental and Not-For-Profit Accounting (7th Edition). Pearson Education, Inc.. 

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Patton, T. K., & Smith, Jr., G. R. (2010). The Solutions Manual. Governmental and Nonprofit Accounting, Ninth Edition Revised. Upper Saddle River, New Jersey:  Prentice Hall. 

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Patton, T. K., & Smith, Jr., G. R. (2010). Test Item File. Governmental and Nonprofit Accounting: Ninth Edition Revised. Upper Saddle River, New Jersey:  Prentice Hall. 

    Freeman, R. J., Shoulders, C. D., Allison, G. D., Patton, T. K., & Smith, G. R. (2008). Test Item File. In Kierra Kashickey (Ed.), Governmental and Nonprofit Accounting: Ninth Edition. Upper Saddle River, NJ:  Pearson Prentice Hall. 

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Patton, T. K., & Smith, G. R. (2008). Solutions Manual. In Kierra Kashickey (Ed.), Governmental and Nonprofit Accounting: Ninth Edition. Upper Saddle River, NJ:  Pearson Prentice Hall. 

    Freeman, R. J., Shoulders, C. D., Allison, G. S., Patton, T. K., & Smith, G. R. (2008). The Instructor's Manual. In Kierra Kashickey (Ed.), Governmental and Nonprofit Accounting: Ninth Edition. Upper Saddle River, NJ:  Pearson Prentice Hall.  

    Hunt, Allen, Randy Kinnersley, and Terry Patton.  “Influence GASB Standards: Write an Effective Comment Letter.” Journal of Government Financial Management, 64 (Winter 2015): 18-24.

    Patton, Terry K., Suesan R. Patton, and Martin Ives. Accounting for Governmental and Nonprofit Organizaitons. 1st Edition. Westmont, Illinois: Cambridge Business Publishers, LLC, 2019.