Assistant Professor of Accounting
Phone: ext. 2235
- Fairleigh Dickinson University, M.B.A., Finance
- Fairleigh Dickinson University, B.S., Economics/Quantitative Analysis
- VITA Certifications (IRS 2013)
- Basic through Advanced Tax preparation
Professor Jim Ford, born in Jersey City, and raised in Fairview, New Jersey, participated and lettered in baseball, basketball, and track and field during high school. He is married, has three adult children, seven grandchildren, and two golden retrievers. Professor Ford began his interest in teaching while in business, having taught BASF’s financial accounting and reporting systems to new accounting graduates recruited by BASF for their “Professional Development Program.” Jim enjoyed this experience and began teaching as an adjunct instructor for seven years, then joined the Centenary University faculty full time as an assistant professor of business.
Professor Ford began his extensive 35 year career in accounting and financial management, supervising financial statement preparation and analysis, annual budget preparation, product costing, capital budgeting, inventory management and control, risk analysis, and performance metrics for various business groups in the companies for which he worked. For a number of years Jim worked as an assistant controller for Inmont Corporation, responsible for foreign currency translation to US dollars and subsequent financial statement preparation for the company’s foreign subsidiaries. Through various business acquisitions, Professor Ford’s accounting skills were developed working for Carrier Corporation, United Technologies, and finally BASF AG. In BASF Professor Ford was assigned as a Senior Operational Accounting Manager of a major business group, where he was instrumental in developing the accounting for joint ventures, tolling operations, contract manufacturing and SWAP accounting. When the Sarbanes Oxley act was signed into law by President Bush, Professor Ford was responsible for his business group’s writing of internal control procedures under section 404 of the act. Later in his career he was involved in computerized accounting systems with supporting the moving of legacy accounting systems to ERP systems. For several years Jim worked as a consultant for several Pharma companies, helping to integrate their accounting systems to the newer ERP (Enterprise Resource Planning systems), i.e., SAP, MacPac.
VITA (Volunteer Income Tax Assistance) Program Director
Professor Ford re-started the program in 2009 in a joint partnership with NORWESCAP and currently with the United Way of Northern New Jersey to train prospective accounting and business students in the core competencies required for accountants and finance professionals. Volunteer students develop their basic academic and social skills, develop the motivation to provide community service, and gain internship credit, while improving the economic status of VITA clients. The IRS certified student volunteers provide free basic federal and state income tax return preparations with electronic filing to qualified individuals in the community, including the elderly, disabled, and those with low income. The program is especially geared toward preparing tax returns for individuals eligible for the Earned Income Tax Credit (EITC). The EITC is a refundable federal and state income tax credit (actual dollar refunds) available to qualified low income workers with earned income.
Ford, J. and Autore, K. (2012, October). Teaching Note: Capstone Case Project – Audit class –Simulated audit of fictionalized publically traded company. – NJPRO, Publications of New Jersey’s Business Faculty – 11th annual volume ( 2011 Bright Idea Award Winner) See online: http://njprofoundation.org/wp-content/uploads/2014/08/bi2012.pdf
Ford, J. and Autore, K. (2011, October). Teaching Note: VITA-Classroom exercise linked to business organization. – NJPRO, Publications of New Jersey’s Business Faculty – 10th annual volume