About Us

Michael Kraten, PhD, CPA specializes in the analysis of business opportunities and risks with complex factors and highly uncertain outcomes.

His academic and practitioner qualifications are necessary because complex business challenges often require the implementation of advanced planning, modeling, and testing functions. Dr. Kraten selects and customizes the paradigms, frameworks, and processes that are developed in academic institutions, and applies them in practical settings.

Dr. Kraten is Professor Of Accounting at Houston Baptist University (HBU), where he designed and now teaches the graduate courses in entrepreneurial accounting / finance and sustainability accounting, and the advanced courses in financial accounting, management accounting, and auditing. Dr. Kraten also serves as the Chair of Accounting, Economics, and Finance programs at HBU.

Dr. Kraten began his career in the assurance, advisory, and management consulting practices of Deloitte, one of the “Big Four” global accounting firms. After serving as a Management Consulting Partner in the New York office of BDO, then the sixth largest global accounting firm, he co-founded the entrepreneurial boutique management consulting practice AQPQ. The acronym referred to the academic and practitioner qualifications of the firm.

Dr. Kraten practices in all industry sectors, and has developed functional specialties in valuation, enterprise risk management, business modeling, decision analysis, forensic analysis, educational “gaming,” and strategic planning. His long-standing relationships include organizations in the energy, technology, education, and health and human service sectors.

He maintains an evolving expertise in the field of sustainability. His innovative approach, as codified in his award-winning business case Save The Blue Frog, involves the integration of assessment and implementation practices into the business activities of an institution, and an unrelenting focus on balancing financial and economic outcomes with social and environmental considerations.

Dr. Kraten previously served as an Associate Professor at Providence College in Rhode Island, where he designed and taught the graduate capstone course for public accounting students and the undergraduate interdisciplinary colloquium on sustainability. The colloquium was sponsored by the Western Civilization program; it integrated content from business and the natural sciences with content from theology, philosophy, history, and english.

He previously taught at Suffolk University in Boston, Maastricht University in the Netherlands, the University of Massachusetts, Sacred Heart University, and the University of Connecticut. He has also presented his work at Dartmouth College, Harvard Law School, Johns Hopkins University, Yale University, and other institutions.

Dr. Kraten has published in the Journal of Banking and Finance, the International Journal of Accounting, Research in Accounting Regulation, the CPA Journal, the Journal of Financial Planning, Accounting and the Public Interest, and other major outlets. His handbook Business Planning and Entrepreneurship: An Accounting Approach is published by Business Expert Press.

In addition, Dr. Kraten serves on the Editorial Advisory Board of the CPA Journal and the Advisory Board of the Center for Professional Accounting Practices at Fordham University in New York City.

Dr. Kraten has earned a PhD in Behavioral Accounting from the University of Connecticut and a MPPM in Public and Private Management from Yale University. Previously, he earned a BBA in Public Accounting from Baruch College of the City University of New York. He is licensed as a Certified Public Accountant.


Maureen Kraten, MBA, CSVP specializes in issues regarding global economics, human services, female and minority entrepreneurship, and sustainability. She maintains areas of expertise in business planning, financial analysis, macro-economic planning, and outcomes measurement.

Ms. Kraten began her career in the International Services division of Touche Ross, a firm that later merged with Deloitte, Haskins & Sells to become Deloitte, one of the the “Big Four” global accounting firms. After serving for a decade in the Chief Financial Officer’s office of the Americas division of the Union Bank of Switzerland (UBS), she co-founded the entrepreneurial consulting practice AQPQ. The acronym refers to the academic and practitioner qualifications of the firm.

Ms. Kraten also taught Banking, Economics, and Finance courses for fifteen years at Sacred Heart University in Connecticut. She contributed to macro-economic research activities during her time there, and served as the Director of Performance Outcomes Measurement Systems for the business school during its accreditation process with the Association to Advance Collegiate Schools of Business (AACSB).

More recently, Ms. Kraten designed and taught the Health Care Economics course in the Health Professions program of the University of New Haven. She is currently an Adjunct Professor of Economics and Finance for Houston Baptist University.

Furthermore, Ms. Kraten contributed to the content development and operations functions of the Certified Sustainable Value Professional (CSVP) program of the Rhode Island Society of CPAs. She became a CSVP in 2016 after becoming a Certified Management Consultant (CMC) in 2009.

These activities have enabled Ms. Kraten to deliver consulting services, presentations, and workshops for a wide variety of organizations around the Eastern United States. Her client organizations and collaborative partners have included entrepreneurial start-ups, multinational corporations, government organizations, global charities, and international universities on the East Coast of the United States, and in online venues hosted by Australian business organizations.

In addition, in conjunction with an Australian university, Ms. Kraten served on the Planning and Design Committee of a collegiate business education program that was developed for a technologically advanced “Virtual Worlds” platform. She presented her work at Dartmouth College and at a global conference on digital business; her peer reviewed journal article Virtual Reality Systems in Academic Curricula and Corporate Training Programs was later published in the Journal of Digital Business.

Ms. Kraten has earned a MBA in Finance from Sacred Heart University in Connecticut, where she graduated as a member of the Beta Gamma Sigma honor society. She has also earned a BS in Finance and Business from that university, where she graduated Cum Laude.

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