Accounting Hall of Fame


Accounting Hall of Fame

The Accounting Hall of Fame is an award "recognizing accountants who are making or have made a significant contribution to the advancement of accounting" since the beginning of the 20th century. [Burns and Coffman, 342.] Inductees are from both accounting academia and practice. Since its initiation in 1950, it has honored just 81 influential accounting professors, professional practitioners, and government and business accountants from the United States and other countries.

The Hall of Fame describes: "While selection to the Hall of Fame is intended to honor the people so chosen, it is also intended to be a recognition of distinguished service contributions to the progress of accounting in any of its various fields. Evidence of such service includes contributions to accounting research and literature, significant service to professional accounting organizations, wide recognition as an authority in some field of accounting, advancement of accounting education, and public service. A member must have reached a position of eminence from which the nature of his or her contributions may be judged."

"Election to the Accounting Hall of Fame is perhaps the only longstanding national award for accountants -- and probably the only international one as well -- in which both academic and practicing accountants vie for the same award." [Jensen]

It is one of the higher honors available within accounting academia at least in the United States, as evidenced by prominent announcements of inductions at annual meetings of the American Accounting Association. [For example, [http://aaahq.org/newsarc/halloffame.htm] , [http://aaahq.org/newsarc/halloffame2.htm] , and ] .] The only comparable awards in the United States may be lifetime achievement awards of the American Accounting Association, which have also been received by many of the inductees. The sublist of inductees who are accounting academics, thus, includes many of the most notable accounting academics. The award program is based at Ohio State University, and current professors there are ineligible for the award.

An accounting of 36 inductees during the first 26 years of the award identifies that 20 were chiefly active in public accounting (including 6 who were founders of major public accounting firms), 10 were university professors, 4 were government officials (including 3 chief accountants of the SEC, and that 2 were most prominent in industry. [Burns and Coffman, 344.]

The recipients of the award are otherwise highly decorated: 21 of the first 36 are recipients of the AICPA's highest honor, its Gold Medal award; 15 received the Alpha Kappa Psi Accounting Foundation Award; at least 15 received honorary degrees, one was knighted in England; and one received "the highest honor the U.S. federal government can bestow upon a career civilian employee, the President's Award for Distinguished Federal Civilian Service." [Burns and Coffman, 346.]

In a keynote speech at the 50th anniversary of the Hall of Fame, Lynn Turner, chief accountant of the SEC, hosted by the Association of Accounting Historians and OSU, noted the effect of George O. May and numerous other recipients upon the evolution of accounting and auditing practice and principles "that makes our system of accounting the greatest in the world". [Turner]

The first Canadian and non-American inducted was Howard Irwin Ross in 1977. The first woman inducted is Katherine Schipper in 2007.

Inductees

Members of the Accounting Hall of Fame are:

Notes

ources

*Burns, Thomas J., and Edward N. Coffman. "The Accounting Hall of Fame: A Profile of the Members". "Journal of Accounting Research" (Autumn 1976): 342-47.
* [http://fisher.osu.edu/departments/accounting-and-mis/the-accounting-hall-of-fame/history/ Jenson, Daniel L. "Historical Notes on the Accounting Hall of Fame"]
* [http://www.sec.gov/news/speech/spch428.htm Turner, Lynn "The Future is Now" Keynote Address, Accounting Hall of Fame-Association of Accounting Historians, Ohio State University, Columbus, Ohio, November 10, 2000]

External links

* [http://fisher.osu.edu/departments/accounting-and-mis/the-accounting-hall-of-fame/ OSU's Accounting Hall of Fame site]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Accounting Hall of Fame — An institution that honors contributions to accounting and auditing. Established by Ohio State University in 1950, the Accounting Hall of Fame is located in the university’s Fisher College of Business, and its Web site describes its purpose as… …   Auditor's dictionary

  • Accounting Hall Of Fame — A prominent award in the field of accounting. The Accounting Hall of Fame was started by Ohio State University in 1950. The award is highly selective, and is given only to very prominent accountants who have made lasting contributions to the… …   Investment dictionary

  • National Track and Field Hall of Fame — The National Track and Field Hall of Fame located within the Armory Foundation (the former Fort Washington Avenue Armory) at 216 Fort Washington Avenue, between 168th and 169th Streets, in Washington Heights, in the New York City borough of… …   Wikipedia

  • Baseball Hall of Fame balloting, 2008 — The elections to select the 2008 class of inductees to the Baseball Hall of Fame proceeded according to revised rules enacted in 2001 and further revamped in 2007. The Baseball Writers Association of America (BBWAA) held an election to select… …   Wikipedia

  • Robert Hiester Montgomery — Infobox Scientist name = Robert Hiester Montgomery birth date = birth date|1872|9|21 birth place = Mahanoy City, Pennsylvania, USA death date = death date and age|1953|5|2|1872|9|21 death place = nationality = American field = Accounting work… …   Wikipedia

  • Joel S. Demski — Infobox academic name = Dr. Joel Demski image size = 150px birth date = birth place = nationality = United States field = Accounting work institutions = University of Florida Yale University alma mater = University of Michigan University of… …   Wikipedia

  • Yuji Ijiri — Infobox Scientist image width = 150px name = Yuji Ijiri birth date = birth date and age|1935|2|24 birth place = Kobe, Japan death date = death place = nationality = field = Accounting work institution = alma mater = doctoral advisor = doctoral… …   Wikipedia

  • Robert S. Kaplan — (born 1940) is Baker Foundation Professor at Harvard Business School and co creator, together with David P. Norton, of the balanced scorecard, a means of linking a company s current actions to its long term goals. Kaplan and Norton introduced the …   Wikipedia

  • Charles Arthur Bowsher — Illustrated portrait and signature from a 1988 issue of GAO Journal magazine. Charles Arthur Bowsher (born May 31, 1931)[1] is a former Comptroller General of the United States. Bowsher was nominated by Ronald Reagan in 1981 a …   Wikipedia

  • Arthur E. Andersen — Infobox Scientist name = Arthur Edward Andersen birth date = birth date|1885|5|30 birth place = Plano, Illinois death date = death date and age|1947|1|10|1885|5|30 death place = nationality = American field = Accounting work institution = alma… …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.