Michael Kustanovich

Michael Kustanovich

Senior Lecturer of Accountancy

  • Email

Contact

94 Wohlers Hall

1206 S. Sixth

Champaign, IL 61820

217-300-7298

mkustan@illinois.edu

Listings

Educational Background

  • M.A., Economics, Ben-Gurion University, Israel, 2009
  • B.A., Economics and Accounting, Ben-Gurion University, Israel, 2007

Positions Held

  • Clinical Assistant Professor of Accountancy, University of Illinois at Urbana-Champaign, 2019 to present
  • Senior Lecturer of Accountancy, University of Illinois at Urbana-Champaign, 2018-2019
  • Lecturer of Accountancy, University of Illinois at Urbana-Champaign, 2014-2018
  • Auditor, PwC, 2013-2014
  • Visiting Adjunct Lecturer of Accountancy, University of Illinois at Urbana-Champaign, 2013-2014
  • Adjunct Lecturer, University of Florida, 2010-2011
  • Accounting Technical Writer and Editor, Gleim Publications, Inc., 2010 to present
  • Adjunct Lecturer, Achva College, 2009-2010
  • Adjunct Lecturer, Ben-Gurion University, 2008-2010
  • Senior Associate, KPMG, 2007-2010

Recent Publications

  • Gleim, I., & Kustanovich, M. (2019). CPA Review: Financial Accounting and Reporting (2020 Edition). Gleim Publications, Inc.
  • Gleim, I., & Kustanovich, M. (2018). CPA Review: Financial Accounting and Reporting (2019 Edition). Gleim Publications, Inc.
  • Gleim, I., & Kustanovich, M. (2017). CPA Review: Financial Accounting and Reporting (2018 Edition). Gleim Publications, Inc.
  • Gleim, I., & Kustanovich, M. (2016). CPA Review: Financial Accounting and Reporting (2017 Edition). Gleim Publications, Inc.

Other Publications

Honors and Awards

  • Anita Feller Memorial Award for Excellence in Accountancy Education, Department of Accountancy, University of Illinois at Urbana-Champaign, 2018-2019
  • Dean's Impact Award, Gies College of Business, University of Illinois at Urbana-Champaign, 2018-2019
  • List of Teachers Ranked as Excellent by their Students (2016, 2018, 2019 Ranked as Outstanding), University of Illinois at Urbana-Champaign, 2015, 2016, 2017, 2018, 2019
  • Excellence in Undergraduate Teaching Award, Gies College of Business Alumni Association, University of Illinois at Urbana-Champaign, 2017-2018

Current Courses

  • Advanced Financial Reporting (ACCY 410) Current authoritative accounting standards and applications to accounting practice. Topics do not represent the full range of financial reporting issues, but are selected based on relevance of the underlying business transaction, complexity of the topic, consistency of applicable standard with underlying reporting concepts, and transferability of the standard to other accounting issues. 3 undergraduate hours. 3 or 4 graduate hours.
  • Advanced Financial Reporting (ACCY 506) Financial accounting principles related to entities other than the "single" corporate entity. These other organizational forms include the consolidated corporate entity and the partnership entity. Topics include consolidated financial statements, intra-entity asset transactions, segment and interim reporting, foreign currency transactions and hedging foreign exchange risk, translating foreign currency financial statements, formation and operation of partnerships, and the development of worldwide financial reporting standards. 2 or 4 graduate hours. No professional credit. May be repeated up to 4 hours for iMSA and online students that complete the first part of the course content in a 2-hour section (part A) and then complete the remainder of the class in a second 2-hour section (part B). Credit is not given for both ACCY 410 and ACCY 506.
  • Special Research Problems (ACCY 593) Individual investigations or research projects selected by the students, subject to approval by the graduate adviser and the executive officer of the Department. May be repeated in the same or separate terms.

Contact

94 Wohlers Hall

1206 S. Sixth

Champaign, IL 61820

217-300-7298

mkustan@illinois.edu