LTHS accounting team finishes first

A team of 10 Lyons Township High School accounting students recently competed against seven other schools in the Bottom Line Accounting Contest, sponsored by the Illinois CPA Society. LTHS placed first, with three students in the top 10. Each student in the top ten won a $200 cash prize in addition to a small trophy.

Congratulations to LT’s accounting team for the district’s strongest finish in the Bottom Line Contest.

Jacob Bucio*, Senior (Western Springs)

Connor Cassady, Junior (LaGrange Park)

Audrey Fix, Senior (LaGrange)

Kevin Hernandez, Senior (Brookfield)

Nathan Kolosh, Senior (LaGrange)

Jaclyn Logan*, Senior (Countryside)

Fran Mahmoud, Senior (LaGrange Park)

Hayley Mirabile*, Senior (Burr Ridge)

Daniel Rauf, Junior (LaGrange Park)

Lauren Reich, Senior (LaGrange)

* individual winner

The Bottom Line Accounting Contest is held at College of DuPage each year in the spring. It tests high school accounting students in the areas of accounting knowledge, skills, and concepts, including bank reconciliation statements, proper format of double-entry accounting, categorization of accounts, how to record fees earned and expenses paid. The test is a 60-question multiple-choice exam, and scores from each school are averaged to find the highest team average.