L Craig Foltin (Craig), DBA, CPA
L_FOLTIN.jpg
 Title: Associate Professor
 Dept: Accounting
 Office: BU 509
 Phone: 216-687-3658
 Email: L.FOLTIN@csuohio.edu
 Address: 2121 Euclid Ave. BU 509, Cleveland, OH 44115

Courses Taught

Publications


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Research Keywords:
FASB, GASB, Ethics, Leadership, Accounting Regulation, Accounting Policy, SEC, Big 4, Public Pensions, Auditor Independence, Accounting History, Railroad Accounting, Auditor Selection.
 
Education:
D.B.A., Accounting, Cleveland State University
M.B.A., Finance, Cleveland State University
B.S., Accounting, Ohio State University
 
Brief Bio:
CRAIG FOLTIN is an Associate Professor of Accounting in the Monte Ahuja College of Business at Cleveland State University.  He has presented at many professional meetings and has published 37 papers in some of America's top accounting journals, most recently in Issues in Accounting Education, Accounting Historians Journal, Research in Accounting Regulation, CPA Journal and Strategic Financial Management.  He also serves on the Editorial Board for CPA Journal.  In addition, he has participated as a Visiting Scholar at the University of Texas at Austin and as a Visiting Lecturer at the University of Montana.  Foltin joined the full-time faculty at CSU in 2016 but has been serving as a part-time lecturer of accounting at CSU since 1991.  He has taught 12 different courses in the accounting curriculum at Cleveland State.

Dr. Foltin has won numerous awards.  In 2021, He earned the Best Teaching Innovation Award from the American Accounting Association's Forensic Accounting Section for the paper entitled, Leaning from Ethical Violations in Public Accounting.  In 2020, Dr. Foltin earned the Best Paper of the Year Award of Excellence, from The Academy of Historians Section of the American Accounting Association.  Dr. Foltin also was recognized by CSU in 2020 with the Faculty Merit Recognition Award for research and teaching. In 2019 he received the Golden Apple Award for Outstanding Faculty Contributions to Student Learning from the Cleveland State University Alumni Association and also won the Outstanding Faculty Member of the Year Award from by Beta Alpha Psi.  In 2018, Dr. Foltin was the recipient of The CPA Journal's Max Block Award for the outstanding article of the year in the feature paper category.  In 2011 and 2014, Dr. Foltin was honored with the President's Award at Cuyahoga Community College, the top honor presented to a current College employee.  He was awarded the Humanitarian Award by the Black American Council in 2014.   He was named Crain's Cleveland Business CFO of the Year in 2009, and received the Outstanding Alumnus of the Year from the Beta Alpha Psi chapter of Cleveland State University that same year.  In 2006, he won the Author's award for the Outstanding Article of the Year as "The Most Significant Contribution to the Literature of the Profession," from the Association of Government Accountants.

Prior to Cleveland State University, Dr. Foltin held the position of Provost and Executive Vice President at Cuyahoga Community College (Tri-C).  As Tri-C's Chief Academic Officer, Dr. Foltin was responsible for advancing, administering and leading all academic departments and activities, four campus operations, 419 full-time faculty members, 700 full-time staff, and over 2,000 part-time faculty and staff.  Prior to serving as Provost, Dr. Foltin served as the Executive Vice President of Administration and Finance and Treasurer for Tri C.  As the College's Chief Financial Officer, Dr. Foltin was responsible for a $300 million-dollar budget and all activities regarding capital and construction, financial reporting, procurement, human resources, information technology, legal services, risk management, and plant operations.  He is credited with reorganizing the College's financial reporting processes.  A two-term elected Mayor of the City of Lorain, Ohio, from 2000-2007, Dr. Foltin was responsible for administering the City's $80 million budget and overseeing all services and economic development of the City.  Prior to becoming Mayor,  

A lifelong Northeast Ohio resident, he earned a Bachelor of Science degree in Accounting from the Ohio State University before earning his MBA and Doctor of Business Administration from Cleveland State University.  Dr. Foltin is a CPA and a Certified Government Financial Manager.  He resides in Lorain with his wife, Karen, and their daughters Lena and Eleanor.
 
Honors and Awards:
Best Teaching Innovation Award for paper entitled Learning from Ethical Violations in Public Accounting, American Accounting Association, Forensic Accounting Section, April, 2021

1st Place, Beta Alpha Psi Regional Best Practices Competition, Faculty Advisor, April 2021

Beta Alpha Psi Superior Chapter Recognition, Faculty Advisor, 2020

Best Paper of the Year Award Award of Excellence, for the paper entitled, A Comprehensive Review of the Evolution of Accounting Standards for State and Local Government Pensions and OPEB, from The Academy of Historians Section of the American Accounting Association, June 2020.

Golden Apple Award for Outstanding Faculty Contributions to Student Learning, Cleveland State University Alumni Association, October, 2019

The Outstanding Faculty Member of the Year in Accounting, by Beta Alpha Psi, May, 2019

Beta Alpha Psi Superior Chapter Recognition, Faculty Advisor, 2019

Honorable Mention, Lybrand Award for Best Scholarly Contribution to Literature, Institute of Management Accountants, May, 2019

Outstanding Feature Paper of the Year, Max Block Award, CPA Journal, August, 2018

Faculty Merit Award, for Meritorious Achievement in Teaching, Research, Scholarship and Creative Activity, Cleveland State University, April, 2018

1st place International Beta Alpha Psi Grant Thornton Inter-Collegiate Ethics Case Competition, held on April 14, 2018, Co-author of the case, awarded August, 2018.  

Humanitarian Award, Cuyahoga Community College, Black American Council, 2014

President's Award as the Top Performer of the College, Cuyahoga Community College, 2011, 2014

Leadership Cleveland, Class of 2012

CFO of the Year, Crain's Cleveland Business, 2010

Outstanding Accounting Alumnus of the Year, Cleveland State University, Beta Alpha Psi, 2009

Executive Leadership Institute, League for Innovation, 2008

Award of Achievement for Excellence in Financial Reporting for its Comprehensive Annual Financial Report (CAFR) and the Distinguished Budget Award at Cuyahoga Community College, Government Finance Officers Association, 2008-2015

Author¿s Award, First Place, Outstanding Article of the Year, Most Significant Contribution to the Literature of the Profession, Association of Government Accountants, 2006

Congressional candidate, primary winner and party nominee for 13th District of Ohio, 2006

Auditor's Award, Auditor of State Jim Petro, 1999

Beta Gamma Sigma Honorary Society
 
Research Interests:
Financial Accounting, Accounting Regulation and Policy, Governmental Accounting, Ethics, Corporate Governance, Integrated Reporting, Public Pensions, Leadership.
 
Teaching Areas:
Accounting Policy, Corporate Governance, Ethics, Financial Accounting, and Governmental Accounting.  Craig has taught the following courses:
ACT 221 Introductory Accounting I
ACT 222 Introductory Accounting II
ACT 331 Intermediate Accounting I
ACT 332 Intermediate Accounting II
ACT 388 Accounting Systems
ACT 441 Advanced Accounting
ACT 484/584 Government and Institutional Accounting
ACT 501 Financial Accounting
ACT 639 Accounting Policy
ACT 696 Selected Topics in Accounting
 
Professional Affiliations:
American Accounting Association, 2016-present
Ohio Society of Certified Public Accountants, 1991-present
Association of Government Accountants, 1994-present
 
Professional Experience:
Provost & Executive Vice President, Access, Learning & Success December 2014-present
Cuyahoga Community College (Tri-C), Cleveland, Ohio

Directly reporting to the President, the Chief Academic Officer is responsible for advancing, administering and leading all academic departments and activities, four campus operations, 419 full-time faculty members, 700 full-time administrators and staff and over 2,000 part-time faculty and staff. In charge of tenure review, recruitment and development of faculty, student learning, curriculum development, program assessment, student engagement, institutional research, and class scheduling.

The Provost is the governance officer representing the College on all matters related to the Faculty Senate and American Association of University Professors (AAUP). Serves as the liaison to the Board of Trustees on all academic issues. The Provost is the representative to accrediting agencies, consortia, and external partnerships where teaching and learning are the primary concern.

Significant accomplishments include:
- Negotiated and signed a new three-year contract with President of the American Association of University Professors
- Created, led consensus and delivered a new College Strategic plan
- Spearheaded design for a complete overhaul of the College-wide schedule and scheduling process
- Launched the strategy for program review of all disciples and initiated the meta-major project
- Championed academic faculty teams for: learning outcomes assessment, College Credit Plus dual high school enrollment program, second-semester curriculum for the College¿s First Year Experience program and choice of a new learning management software system
- Established metrics and predictive analytics for student success
- Brought forth equity in outcomes team to increase success with underrepresented populations

Executive Vice President/Treasurer, Administration and Finance August 2007-February 2016
Cuyahoga Community College (Tri-C), Cleveland, Ohio

Directly reporting to the President, the Chief Financial and Operations Officer, this position leads all operational, administrative and financial departments including: human resources, labor relations, diversity, finance, budget, College and Foundation investing, legal services, information technology, safety and security, marketing, plant operations, sustainability, energy strategy, capital and construction, auxiliary services, risk management, business continuity, procurement and Corporate College. It also serves as the primary liaison for the Board Management, Investment and Audit Committees and performs other critical Board functions. This position is a primary College resource for community engagement, fundraising, and promotional and political efforts at the state and national levels.

Significant accomplishments include:
- Co-chaired two successful property tax levy campaigns in 2009 and 2014
 
University Service:
CSU 2.0 Growth and Innovation Task Force, July 2020 through February 2021.

Inter-Collegiate Ethics Case Competition, solo author, "Illegal Hiring, Data Theft, and Cheating Costs KPMG $50 Million:  Is this Damage to KPMG's Reputation and the Impact on the Profession Even More Costly," February 2020

Inter-Collegiate Ethics Case Competition, co-author with Mark Holtzblatt, ¿Operation Car Wash, The World's Largest Corruption Scandal Ever, March, 2019

Inter-Collegiate Ethics Case Competition, co-author with Mark Holtzblatt, Learning from Ethical Violations in Public Accounting:  A South African Audit Scandal and a Firm's Transformation, April, 2018, 1st place international competition, ABDC 'A' publication.

Faculty Development Committee, Cleveland State University, 2016 - present

Chair, Assurance of Learning Committee, Cleveland State University Accounting Department, 2016 - present

Chair, Success in Accounting through Student Intervention Committee, 2017 - present

Authored the Accounting Departments¿ new Assurance of Learning plan for AACSB accreditation. Created the first curriculum map in the College of Business for the Accounting Department, Spring 2019

Chair, Visiting Lecturer Hiring Committee, Spring-Summer, 2018

Accounting Scholarship Committee, Cleveland State University, Spring 2016 - present

Faculty Advisor, Beta Alpha Psi, Cleveland State University, Fall 2016 - present

Accounting Program Advisory Committee, Cleveland State University, February 2015-August, 2016
 
Professional Service:
Editorial Board for the CPA Journal, November 2017 - present

Manuscript Reviewer, Research in Accounting Regulation, Fall 2016 - Fall 2019

Manuscript Reviewer, Journal of Government and Nonprofit Accounting, Spring 2018 - present

Manuscript Reviewer for the CPA Journal, November 2004-present

Accreditation Peer Reviewer, Higher Learning Commission, North Central Region, 2009-2016

Representative, The League for Innovation in the Community College, 2011-2016

Visiting Scholar, Community College Leadership Doctoral Program, University of Texas at Austin, 2009-2012

Ohio Association of Community Colleges Advisory Committee to Governor¿s Higher
Education Funding Commission, 2012

Editorial Advisory Board, Catalyst: The Leading Edge of Ohio Business, 2005-2012

Visiting Lecturer, University of Montana, Western CPE Program, 1997-1999