Gary Shontz

Adjunct Instructor of Accounting




Education

Specialist in Education Degree, University of Northern Iowa; Master of Arts in Education Degree, University of Northern Iowa; Bachelor of Business Administration Degree, University of Iowa


Teaching Interests

Principles of Financial Accounting, Principles of Managerial Accounting, and Government and Not-for-Profit Accounting


Responsibilities

Gary Shontz served as Controller, University Secretary, and Treasurer of the University of Northern Iowa for 42 years, retiring in 2016. He also served as Vice President of the University of Northern Iowa Foundation. Prior to working for the University, Shontz was employed by the Office of Auditor of State as an audit manager. Shontz was responsible for establishing and maintaining the University of Northern Iowa's accounting systems, internal and external financial reporting, coordinating external audits with the Office of Auditor of State, cash and investment management, short-term and long-term debt issuance and management, and ensuring the University complied with Chapter 22 of the Code of Iowa regarding open records and transparency.

Shontz is Chairman of the Board of the UNI Credit Union, Secretary of the New Hartford Lions Club, and a Director of the Waterloo-Cedar Falls Chapter of the Institute of Management Accountants. Previous service includes serving as a member and President of the Dike-New Hartford Board of Education, Treasurer of the UNI Foundation, and Treasurer of the UNI Alumni Association.


Professional Accomplishments

Shontz received the Government Finance Officers Association of the United States and Canada's Certificate of Achievement for Excellence in Financial Reporting for the University of Northern Iowa's Comprehensive Annual Financial Report annually for 24 consecutive years beginning with the fiscal 1992 CAFR. There is only one university in the country that received the GFOA award for a longer period of time. The GFOA's Certificate of Achievement program was developed to encourage and assist public universities to go beyond the minimum requirements of generally accepted accounting principles to prepare comprehensive annual financial reports that evidence the spirit of transparency and full disclosure. Financial reports submitted to the CAFR program are reviewed by members of the GFOA's professional staff and the GFOA's Speical Review Committee, which is comprised of individuals with expertise in public sector financial reporting including financial statement preparers, independent auditors, academics, and other finance professionals.

Shontz was awarded the Staff Excellence Award by the Board of Regents, State of Iowa in 2001. In 2011, he received the Eunice Dell Award for making a difference at the University of Northern Iowa.

Shontz has served as an adjunct instructor at the University of Northern Iowa in both the Finance Department where he has taught corporation finance, principles of investments, and personal finance, and the Accounting Department where he teaches principles of financial accounting, principles of managerial accounting, and government and not-for-profit accounting.


Latest News & Views


Northern Iowa accounting students help prepare tax returns for VITA program
UNI named Top 3 program for CPAs

The University of Northern Iowa’s accounting department ranked third in the nation in preparing students to become certified public accountants, according to a new analytic by Baylor University and UNI professors.

The newly created CPA Success Index estimates students’ progress toward completing all four parts of the CPA exam. The metric found UNI students had an 89% success rate on the notoriously difficult test, just below Texas A&M University (90%) and the University of Missouri-Columbia (95%).

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The anxiety young people have about maturing in their twenties has lead to the word "adulting" becoming quite popular. It's a useful, albeit somewhat glib, catch-all term for taking care of yourself. Doing your laundry? Adulting. Scrambling an egg? Adulting. In truth, the real sign of adulthood is living a life that's within your control, and for that, there are several iOS apps to help. With these five apps, anyone can "adult" -- or at least fake it when they need to. 

 

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The University of Northern Iowa today begins its release of COVID-19 test results. This routinely updated aggregate data, shared in a way that protects individuals’ privacy, is available here. The dashboard will be updated each Friday and Monday. “Timely, accurate information is a powerful tool for fighting COVID-19, and we believe everyone in the community deserves to have access to it as we work together to stop this virus,” said President Mark A. Nook.

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UNI's MBA program seeking potential clients

University of Northern Iowa MBA program is seeking clients for student capstone experience. This course is the comprehensive application of the MBA curriculum in a strategic context.

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