|R. Cameron McFadyen, CFE
R. Cameron McFadyen, CFE, longtime Tulsa fraud examiner and accountant and active ACFE member, recently spoke with Fraud Magazine about his participation in the ACFE's Ritchie-Jennings Memorial Scholarship program, the Oral Roberts University (ORU) scholarship process and his work in the fraud examination field. McFadyen is the founding president of the ACFE's Tulsa Area Chapter and chairman of the Ritchie-Jennings Memorial Scholarship Committee. (See ACFE.com/scholarship.aspx.)
How long have you been associated with ORU and how have you served in the scholarship process?
The Tulsa Area Chapter began participating in the annual Ritchie-Jennings Memorial Scholarship competition in 1996. I began as the chapter's committee chair and started talking about the scholarship to professors at local universities. A friend of mine, Terry Unruh, an assistant professor of accounting at ORU, expressed real interest. From that point on, we worked closely together, and, over time, we developed a process, which has been very successful. Since being named to serve on the Ritchie-Jennings Memorial Scholarship Committee last year, I have removed myself from the process at the local level to avoid any conflict-of-interest issues.
ORU has had a number of candidates win the Ritchie-Jennings Memorial Scholarship through the years.
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The Tulsa Area Chapter established the R. Cameron McFadyen, CFE, Scholarship Award beginning in the 1999-2000 competition year. This award provides additional scholarship money to local winners.
How do you attribute ORU's success?
I believe there are four key reasons for the success of this program. First, the chapter scholarship chair maintains a close relationship with ORU professors and officials. Second, the chapter sponsors events throughout the year, such as photo shoots and congratulatory meetings for the winners and presentations to recipients of the Fraud Magazine issue containing the scholarship article. Third, the chapter evaluates students regularly to determine those who would make the best candidates for endorsement. And fourth, the selection interviews are always in person and designed to reveal as much as possible about each student: who they are, what they want to do and how they view their futures. Those interviews are major components when the chapter decides who to put forward as Ritchie-Jennings applicants.