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  • Judy Cothern
    Gary John Previts and Reed Storey inducted to Hall of Fame
    news item last edited October 27, 2011 by Tracey Sutherland, tagged 2011, achievement, general news 
    The Accounting Hall of Fame Elects Two Distinguished Accountants—August 8, 2011

    Columbus, OH - Two distinguished accountants were inducted into The Accounting Hall of Fame on Monday, August 8, 2011 at the American Accounting Association Annual Meeting in Denver, Colorado. The 2011 inductees are Gary John Previts, E. Mandell de Windt Professor and Distinguished University Professor at Case Western University, and Reed Karl Storey, Director of Accounting Research for the Accounting Principles Board and later Senior Technical Advisor to the Financial Accounting Standards Board.

    Honorees are selected by the Accounting Hall of Fame's international board of electors.  Eighty-eight influential and respected accountants from academe, accounting practice, government and business have been elected to the Accounting Hall of Fame since its establishment in 1950 at Ohio State University's Fisher College of Business.

  • Deirdre Harris
    Lynn Rees receives FASB 2011-2012 Research Fellowship
    news item last edited October 27, 2011 by Tracey Sutherland, tagged 2011, achievement 
    Lynn Rees Accepts FASB 2011-2012 Research Fellowship

    The Financial Accounting Standards Board (FASB) is pleased to announce that Lynn Rees, Andersen Professor of Accounting in the Mays Business School at Texas A&M University, has accepted the FASB 2011-2012 Research Fellowship, which will begin in July. Lynn earned his Ph.D. at Arizona State University and has previously served on the faculties of Washington State University and the University of Houston.

    Lynn studies factors affecting the quality of accounting information and the role of intermediaries in the interpretation of accounting information for investors in capital markets. He has published his research in many venues, including The Accounting Review, Journal of Accounting Research, Journal of Finance, and Review of Accounting Studies. Lynn also has consulted with various companies on topics such as employee stock options, security investment strategies, and financial statement analysis. Lynn is also currently the 2011 AAA Annual Meeting Program Chair. The FASB is delighted to have Lynn on board.

    Each year, the FASB selects a member of the academic community to serve as a research fellow. The Research Fellowship Program began in 2007 and is a 13-month, in-residence position at the FASB in Norwalk, CT. Unlike some other fellowship programs, the intent of the Research Fellowship Program at the FASB is to bring in an academic researcher to act as a researcher (as opposed to acting primarily in the capacity of a standard setter or regulator). The Research Fellow's charge includes the following:

    --Closing the gap between the academic and policy making communities;
    --Consulting with FASB project teams to identify existing (published and incipient) research that is relevant to the issue at hand;
    --Summarizing and communicating, in non-academic language, papers that come to the attention of Board and Staff or that the Fellow identifies;
    --Making the academic community more aware of current topics of interest to the FASB;
    --Conducting or commissioning new research to provide empirical evidence about assertions made by the FASB or its constituents

    For more information about the Research Fellowship Program, including applying to be a research fellow at the FASB, contact Phil Shane at pbshane@fasb.org or 203-956-5317.

  • Deirdre Harris
    Saurav Dutta and Shawn Davis chosen for SEC Fellowship
    news item last edited October 27, 2011 by Tracey Sutherland, tagged 2010, achievement 
    Office of the Chief Accountant Names Academic Fellows, August 5, 2010

    The Securities and Exchange Commission’s Office of the Chief Accountant today announced the selection of Shawn Davis and Saurav Dutta as Academic Accounting Fellows for one-year terms beginning this summer.

    Academic Accounting Fellows serve as research resources for SEC staff by interpreting and communicating research materials as they relate to the agency. In addition, Academic Accounting Fellows have been assigned to ongoing projects in the Chief Accountant’s office that include rulemaking, serving as a liaison with the professional accounting standards-setting bodies, and consulting with registrants on accounting, auditing, independence and reporting matters.

    “The experience that Shawn and Saurav bring as fellows from academia is a great benefit to our Office of the Chief Accountant, but more importantly, their knowledge and perspective will benefit U.S. investors,” said James Kroeker, the SEC’s Chief Accountant.

    Ms. Davis is a Visiting Assistant Professor in the Practice of Accounting at Emory University, where she teaches both financial accounting and managerial accounting to undergraduate and graduate students. She earned her Ph.D. from Washington University, MBA and MAS from the University of Illinois at Urbana-Champaign, and her BBA from Jackson State University. Her research primarily focuses on how auditing judgment and decision-making affects financial decisions and markets, and has been presented at national and international conferences. Her dissertation examining the disclosure of auditors’ materiality judgments won the 2005 Outstanding Dissertation in Auditing Award from the American Accounting Association.

    Ms. Davis is the recipient of several research grants, including grants from KPMG and PricewaterhouseCoopers. She served as an academic researcher for the American Accounting Association Auditing Section’s Research Synthesis Program to examine the auditor’s reporting model. Ms. Davis research employs a variety of methods including experimental economics, decision cases and field experiments, and her work has been published in Accounting Horizons, Behavioral Research in Accounting, and New Zealand Economic Papers. Additionally, she has appeared as a guest speaker for several professional practice conferences and workshops.

    Mr. Dutta is an Associate Professor and former Chair of the Department of Accounting and Business Law at the University at Albany-SUNY, New York. He received his B.Tech. in Aeronautical Engineering from the Indian Institute of Technology, Bombay and his Ph.D. in Accounting from the University of Kansas. He is a Certified Management Accountant (CMA) and received the Robert Beyer Silver Medal for the second highest total score on the CMA examination in 1989. He was also awarded the National Talent Search Scholarship in 1979 by the Government of India. He has held academic positions at Rutgers University and the City University of New York- Baruch College.

    Mr. Dutta has published extensively in the field of accounting and auditing in various national and international journals. While his earlier work focused on audit quality, risk and materiality, his more recent work is in the area of sustainability, triple-bottom line reporting and forensic accounting. He also has frequently consulted on complex accounting and auditing issues related to derivatives and hedge accounting, mergers and acquisitions, and statistical verification of claims for some of the largest corporate settlements in the U.S.

    Ms. Shawn Davis and Mr. Saurav Dutta will replace the current Academic Accounting Fellows. Jack Krogstad will return to the Creighton University, and Nancy Mangold will return to the California State University, East Bay.

  • Judy Cothern
    G. Peter Wilson earns AICPA's Distinguished Achievement...
    news item last edited October 27, 2011 by Tracey Sutherland, tagged 2010, achievement, general news 
    Wilson Earns AICPA's Distinguished Achievement in Accounting Education Award

    G. Peter Wilson, Carroll School of Management at Boston College, was presented with the AICPA's Distinguished Achievement in Accounting Education Award by Bob Harris, chair of the AICPA, during the Institute’s spring meeting.

    Upon acceptance of the award, Wilson talked about the importance of teaching students how to answer open-ended questions. He noted there is an over-reliance on testing students using multiple choice or true and false questions. “We put the next generation of CPAs at great risk,” he said. “The next generation will run the risk of being outsourced. Teach students to answer open-ended questions and [they] can gain competitive advantage by becoming proficient in this area.”

  • Deirdre Harris
    Susan Crosson's success with YouTube videos
    news item last edited October 27, 2011 by Tracey Sutherland, tagged achievement, general news 
    Susan Crosson Interviewed about her YouTube Teaching Videos
  • Deirdre Harris
    William Morley Lemon
    news item last edited February 3, 2010 by Deirdre Harris, tagged 2010, achievement 
    Lemon receives 2010 Distinguished Service in Auditing Award

    William Morley Lemon, who has been a member of the American Accounting Association’s (AAA) Council and a member of twenty-two AAA and Auditing Section committees, recently received the 2010 Distinguished Service in Auditing Award. This award recognizes individuals who have made significant contributions to the profession, the Auditing Section, and scholarship.

    The 2010 selection committee members were Bill Kinney (professor, University Texas, Austin), Bill Messier (professor, University of Nevada, Las Vegas), Jere Francis (professor, University of Missouri-Columbia),and Shaun Budnik, partner, Deloitte LLP and president, Deloitte Foundation.

    A  History of Impact

    Lemon, who is currently a professor emeritus at the University of Waterloo, is being recognized for his extensive work with the Canadian and U.S. accounting profession – both in practice and in academia.

    He is best known for his work with the Canadian Institute of Chartered Accountants (CICA), where he served as a member of the CICA’s Assurance Standards Board.  Lemon has also served on seven other CICA and CICA-related committees, task forces, and international “joint working groups.”  Topics include professional ethics, integrity and the public interest, international issues, audit methods, audit risk, and materiality. 

    In addition, he received numerous assignments and appointments with the AAA (and the Auditing Section) and the Canadian Academic Accounting Association.

    In academia, Lemon has done significant work as the director of the Canadian Centre for Ethics & Corporate Policy at the University of Waterloo for many years.  In that role, he promoted the importance of ethics in business and in business school curricula.

    Because of his contributions to the profession, he has been frequently recognized (e.g., elected a fellow of the Institute of Chartered Accountants of Ontario and recipient of the Award of Outstanding Merit from that body), and has presented at numerous conferences, such as the Globe & Mail Insight Conference and the Institute of Internal Auditors, Toronto chapter meetings .

    Lemon is a certified public accountant (Texas) and a chartered accountant (Ontario).  He obtained a BA from the University of Western Ontario, an MBA from the University of Toronto, and a PhD from the University of Texas at Austin.

  • Deirdre Harris
    Joe Hoyle, Robert Herz and Charles Landes
    news item posted October 23, 2009 by Deirdre Harris, tagged 2009, achievement 
    AAA members named to the list of the Top 100 Most Influential People in Accounting

    Joe Hoyle, Robert Herz, and Charles Landes have been named to the list of the Top 100 Most Influential People in Accounting by Accounting Today. Professor Hoyle is an associate professor of accounting at the University of Richmond's Robins School of Business. Mr. Herz is the Chairman of the Financial Accounting Standards Board. Mr. Landes is Vice President of the Professional Assurance Standards Group at the AICPA.

  • Deirdre Harris
    Nancy Mangold and Jack Krogstad
    news item last edited October 8, 2009 by Judy Cothern, tagged 2009, achievement 
    Office of the Chief Accountant Names 2009-2010 Academic Fellows

    The Securities and Exchange Commission's Office of the Chief Accountant announced the selection of Jack Krogstad and Nancy Mangold as Academic Accounting Fellows for one-year terms beginning this summer.

    Academic Accounting Fellows serve as research resources for SEC staff by interpreting and communicating research materials as they relate to the agency. In addition, Academic Accounting Fellows have been assigned to ongoing projects in the Chief Accountant's office that include rulemaking, serving as a liaison with the professional accounting standards-setting bodies, and consulting with registrants on accounting, auditing, independence and reporting matters.

  • AAA HQ
    Stephen Shepard
    news item posted September 3, 2009 by Judy Cothern, tagged 2009, general news 
    New COO Joins the AAA Staff, June 2009

    The American Accounting Association is pleased to announce that Stephen Shepard has joined the AAA staff as our Chief Operating Officer. Steven comes to us most recently from the Institute of Management Accountants (IMA) where he focused on member interests and support as Director of Member Services and Global Community Relations Manager. Before that he lived in the Washington, D.C. area while serving as Director of Training and Operations for the Society of American Military Engineers.

    As a Certified Association Executive (CAE), he brings experience in association management, membership development, association leader support, staff development, and a lot of enthusiasm for accounting education. Welcome Stephen!