About Michael Kraten
Michael Kraten, PhD, CPA (Mike) has been an academic and business leader in IFRS audit behavioral research, applied technology implementation research, enterprise risk management model development, global business education activities, and AACSB application initiatives since 1984.
His research papers have been published in the Journal of Banking and Finance, Accounting and the Public Interest, the Journal of Digital Business, the Journal of Theoretical Accounting Research, the Journal of International Education Research, and other established publications. In addition, his contemporary behavioral audit research activities, involving the implementation of IFRS standards in global corporations, was featured in 2009 in the CPA Journal. This article attracted the attention of accounting researchers and practitioners around the world; it led to a current series of research studies that are utilizing internet based virtual reality communication technologies to simulate global negotiations in transfer pricing, auditing, and other areas of business.
Dr. Kraten’s teaching activities have drawn similar interest and coverage from a global audience. Working in collaboration with the global energy industry training firm IHRDC, Mike is collaborating in the design and delivery of courses in Mergers & Acquisitions and Petroleum Economics for business professionals from Brazil, Iraq, Nigeria, Vietnam, and other nations. Furthermore, Business Expert Press has published Mike’s book Business Planning and Entrepreneurship: An Accounting Approach as a core component of its Managerial Accounting Collection, and Henry Stewart Talks of London has done likewise for Mike’s podcasts in accounting and finance for entrepreneurs.
Because of these responsibilities, Dr. Kraten is performing important tasks in the development and measurement of learning outcomes that are required by AACSB accreditation standards for schools of business and programs of accounting. In fact, Mike has presented his research and teaching work on numerous occasions at national conferences sponsored by the AACSB, as well as at national and regional conferences sponsored by the American Accounting Association, the Global Digital Business Society, Harvard Law School, the Knowledge Globalization Institute, the New England Faculty Development Consortium at Dartmouth College, and the University of Maastricht. Furthermore, Dr. Kraten is hosting a series of online continuing education sessions for the Maryland Association of CPAs known as Lunch and Learn with Dr. Mike, as well as a series for a group of educators and professionals affiliated with Southern Cross University of Australia entitled Commerce Town. He is also co-writing and co-publishing AQPQ, a weekly newspaper column in an online blog format about contemporary business events of interest to both academics and practitioners.
Dr. Kraten has earned a PhD in behavioral accounting from the University of Connecticut, an MPPM in Public and Private Management from Yale University, and a BBA in public accounting from Baruch College (CUNY). He is a member of the business school faculty of Providence College, where he serves as a Board member of the Institutional Review Board of behavioral research projects. He is also serving as the Chair of the Governmental Issues Task Force (as well as a member of the Advisory Council) of the Connecticut Society of CPAs, and is a Board member on the Editorial Board of the CPA Journal of the New York State Society of CPAs. He is certified as a CPA in New York State and Connecticut.
About Maureen Kraten
Maureen Kraten, CMC, MBA has been an academic and business leader in minority and women owned businesses, global economics, and financial literacy education since 1984. She has presented seminars at Dartmouth College, Suffolk University, the Global Digital Business Society, the Knowledge Globalization Institute, Toast Masters, NERCOMP, and other prestigious institutions.
She has written for the peer reviewed (and refereed) Journal of Digital Business, and is co-writing and co-publishing AQPQ, a weekly newspaper column in an online blog format about contemporary business events of interest to both academics and practitioners. In addition, she is collaborating with business professionals from Australia to China to the United States on a wide variety of training and consulting projects and activities.
Ms. Kraten has developed and delivered global training sessions, engaged in European Union research and development work, drafted and designed telemarketing surveys using electronic communication technologies, and managed information systems selection and design engagements. She has also directly negotiated with senior representatives of federal and state governments about innovative health care network development initiatives.
Ms. Kraten graduated with honors from Sacred Heart University (USA and Luxembourg) with degrees in Finance (MBA, BS) and Business (BS). She has taught finance, economics, and accounting courses at Sacred Heart University in Connecticut and Suffolk University in Boston, and had worked for twelve years at Deloitte & Touche and the Union Bank of Switzerland in New York City before co-founding an entrepreneurial consulting practice with Dr. Kraten. She is a Certified Management Consultant.
Consulting Activities
Michael and Maureen Kraten founded Enterprise Management Corporation (EMC) in 1995 to serve as a corporate home for their professional business activities. The practice encompasses three centers of excellence: a center for negotiation, a center for entrepreneurship, and a center for social policy. They conduct many of their ongoing consulting activities via electronic communication modalities. Nevertheless, they are also available to provide on-site consulting services when face-to-face contact is preferred.
Their primary strategic advantage is their ability to identify, translate, and apply various concepts and techniques from the academic arena in a manner that facilitates their use in the business environment. They have significant experience in developing in-house corporate training programs for private enterprises, as well as executive MBA and online degree programs for colleges and universities, and they consistently integrate information from both realms into their consulting projects.
Most of their clients maintain operations that are located in the northeastern United States, primarily in the Boston / New York City / Washington DC transportation corridor. Many of these firms, however, pursue business interests on a global level, and they continue to exploit the latest communication technologies in order to optimize their ability to serve their clients wherever they conduct their affairs.
Michael and Maureen Kraten define EMC as an entrepreneurial consulting practice that is dedicated to the mission of: (a) educating current and future business leaders in the application of scientific management principles, (b) researching theories and policies that lead to the identification of optimal management strategies, and (c) developing organizational capabilities for implementing superior processes and measuring results. They have advised, consulted, and trained executives, managers, and staff personnel of Fortune 100 firms, start-up entrepreneurial businesses, nonprofit organizations, and national and regional governmental regulators about a wide variety of strategic, financial, and operational practices.
