College of Business > Faculty > A to Z listing of Faculty > Elizabeth A. Murphy

Elizabeth A. Murphy

  • Associate Professor
  • School of Accountancy & MIS
  • (312) 362-5023
  • 1 E. Jackson Blvd.
    Room 6073 DePaul Center
    Chicago, IL 60604

Academic Degrees

PhD, Accounting, University of Kentucky
MBA, Finance, DePaul University
BS, Accounting, DePaul University

Professional Certifications

Certified Public Accountant (Illinois)


Elizabeth Murphy teaches introductory, intermediate and advanced financial accounting courses at both the undergraduate and graduate levels, including governmental and not-for-profit accounting. Murphy has also taught in DePaul's former CPA Review, which was developed and taught by DePaul faculty for over 20 years through December 2014.

Professor Murphy serves as an Illinois delegate on the American Institute of Certified Public Accountants Council (AICPA); has served as a member of the Illinois CPA Society's Board of Directors; and has co-chaired the 2010 Education Summit Planning Committee, with a history of past service on multiple committees/task forces. She served as the Illinois CPA Society's Diversity Initiatives Task Force Chair from 2013 to 2015, and is a member of the Women's Executive Committee. In 2009, Murphy was invited to serve on the Illinois Board of Examiners Education Advisory Task Force and continues to attend their annual conferences. She also has helped to create and annually revise the Illinois CPA Society’s FAQ Brochure for CPA candidates.

During her academic career, Murphy has received numerous awards, including the 2014 Constantine "Gus" Economos Distinguished Teaching Award, 2013 DePaul Women in Action Award, 2013 Illinois CPA Society Special Achievement in Volunteerism Award, 2012 DePaul Socially Responsible Faculty Award, 2009 DePaul Student Organization Advisor of the Year, the Inaugural 2008 Illinois CPA Society Outstanding Leadership in Advancing Diversity Award, 2005 Illinois CPA Society Outstanding Educator Award, 2004 DePaul Office of Multicultural Student Affairs Achievement Award, 2002 DePaul Quality of Instruction Council Excellence in Teaching Award, 1997 DePaul Ledger & Quill Excellence in Education Award, 1990 DePaul Ledger & Quill Teaching Excellence Award for Educational Research, and 2003 Houghton Mifflin Technology Innovation Award. She is a member of the American Accounting Association, the Association of Latino Professionals in Finance and Accounting, the AICPA and the Illinois CPA Society. Professor Murphy also has served as treasurer of her townhome association since 2002.

Professor Murphy serves as the faculty advisor to DePaul's Midwest Association of Hispanic Accountants (MAHA), as well as the National Society of College Scholars and Graduate Students.he is also the first faculty advisor to the first graduate student accounting group at DePaul, Graduate Students for Accounting (GSA), founded in 2010. Since 2000, she has served as the faculty coach to MAHA student case teams who have won first place in numerous local and national competitions, including four first place wins in the KPMG/ALPFA national case competition. Prior to teaching at DePaul, she was an instructor at the University of St. Frances. Her previous work experience also includes positions at KPMG, Chicago's Field Museum of Natural History, Internal Revenue Service and Marshall Field's.

She has served on DePaul curriculum committees at the university, college, and school level, including being a charter member of DePaul's Academic Program Review Committee and the university's Promotion & Tenure Policy Committee, where she has served as chair from 2008 through 2014. Murphy also has served as chair of the Student Recruitment & Retention Committee of the DePaul President's Diversity Council, and has been a member of the council since it was created in 2006 until 2013.

Professor Murphy has been offering CPA Exam Workshops for MAHA for years and was invited to offer these workshops to all accounting students by the DePaul Career Center. These workshops were by far the most popular workshops offered through the Career Center. Currently, about 200 accounting students (graduate and undergraduate) attend these non-mandatory workshops each quarter. These workshops inform students about the content of the CPA Exam, the Illinois Educational requirements, the application process, and strategies for applying and taking the exam. Murphy has also been invited to give these CPA Exam workshops at other Illinois universities.

Murphy has published articles on accounting education and ethics in journals that include the Journal of Public Budgeting, Accounting and Finance, Journal of Accounting and Finance Research, The Journal of Accounting Case Research, Business & Society Review, Journal of Accounting Education, Strategic Finance, Ohio CPA Journal, Critical Perspectives on Accounting, Kent/Bentley Journal of Accounting and Computers, College Teaching and Learning Journal, and the American Journal of Business Education.