Accounting Hall of Fame
Encyclopedia
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. Inductees are from both accounting academia and practice. Since its initiation in 1950, it has honored 83 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."
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
. 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.
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."
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".
The first Canadian and non-American inducted was Howard Irwin Ross
in 1977. The first woman inducted was Katherine Schipper
in 2007. The two 2008 inductees are Anthony Hopwood of Oxford University in Britain and Walter P. Schuetze
, former Chief Accountant of the U. S. Securities and Exchange Commission.
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."
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
American Accounting Association
The American Accounting Association is an "organization of persons interested in accounting education and research". It was formed in 1916. Its main publication, The Accounting Review, was first published in 1926. It is the principal professional association of accounting academics in the United...
. The only comparable awards in the United States may be lifetime achievement awards of the American Accounting Association
American Accounting Association
The American Accounting Association is an "organization of persons interested in accounting education and research". It was formed in 1916. Its main publication, The Accounting Review, was first published in 1926. It is the principal professional association of accounting academics in the United...
, 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
Ohio State University
The Ohio State University, commonly referred to as Ohio State, is a public research university located in Columbus, Ohio. It was originally founded in 1870 as a land-grant university and is currently the third largest university campus in the United States...
, 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.
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
Alpha Kappa Psi
ΑΚΨ is the oldest and largest professional business fraternity. The Alpha Kappa Psi Fraternity was founded on October 5, 1904 at New York University, and was incorporated on May 20, 1905...
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."
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
George O. May
George Oliver May was an influential accountant. He led a joint study by the American Institute of Certified Public Accountants and the New York Stock Exchange that was impetus for the stock exchange requiring its listed firms to undergo independent annual audits...
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".
The first Canadian and non-American inducted was Howard Irwin Ross
Howard Irwin Ross
Howard Irwin Ross was a Canadian accountant, academic administrator, and Chancellor of McGill University....
in 1977. The first woman inducted was Katherine Schipper
Katherine Schipper
Katherine Schipper is an American accounting researcher and educator.Currently the Thomas F. Keller professor of accounting at Duke University, she...
in 2007. The two 2008 inductees are Anthony Hopwood of Oxford University in Britain and Walter P. Schuetze
Walter P. Schuetze
Walter P. Schuetze was Chief Accountant of the U.S. Securities and Exchange Commission during 1992-1995. He is known for being an advocate of mark-to-market accounting, which increases consistency between accounting statements' asset values and actual values of assets.His testimony before congress...
, former Chief Accountant of the U. S. Securities and Exchange Commission.
Inductees
Members of the Accounting Hall of Fame are:| AHoF number |
Year | Member |
|---|---|---|
| 1 | 1950 | May, George Oliver |
| 2 | 1950 | Montgomery, Robert Hiester Robert Hiester Montgomery Robert Hiester Montgomery was an influential accountant and educator. He was president of the American Institute of Certified Public Accountants for two two-year terms, starting in 1912 and again in 1935.... |
| 3 | 1950 | Paton, William Andrew William Andrew Paton William Andrew Paton William Andrew Paton William Andrew Paton (July 19, 1889 - April 26, 1991 was a founder of the American Accounting Association in 1916, and was founder and first editor of its flagship journal The Accounting Review.... |
| 4 | 1951 | Dickinson, Arthur Lowes |
| 5 | 1951 | Hatfield, Henry Rand |
| 6 | 1952 | Sells, Elijah Watt Elijah Watt Sells Elijah Watt Sells was a founding partner in Haskins & Sells, a predecessor to Deloitte & Touche.-Life:Sells was born on March 1, 1858 in Muscatine, Iowa to Elijah and Isabel Sells. He attended local public schools and briefly attended Baker University. Although he did not receive a degree, Baker... |
| 7 | 1952 | Stempf, Victor Hermann |
| 8 | 1953 | Andersen, Arthur Edward Arthur E. Andersen Arthur E. Andersen was a founder of the accounting firm Arthur Andersen LLP. -Biography:Arthur Edward Andersen was born in Plano, Illinois. John William and Mary Aabye Andersen, Arthur Andersen’s parents, had immigrated to the United States from Norway in 1881. Andersen was left on his own at the... |
| 9 | 1953 | Andrews, Thomas Coleman |
| 10 | 1953 | Sprague, Charles Ezra |
| 11 | 1953 | Sterrett, Joseph Edmund |
| 12 | 1954 | Blough, Carman George |
| 13 | 1954 | Broad, Samuel John |
| 14 | 1954 | Sanders, Thomas Henry |
| 15 | 1954 | Scovill, Hiram Thompson |
| 16 | 1955 | Brundage, Percival Flack |
| 17 | 1956 | Littleton, Ananias Charles |
| 18 | 1957 | Kester, Roy Bernard |
| 19 | 1957 | Miller, Hermann Clinton |
| 20 | 1958 | Finney, Harry Anson |
| 21 | 1958 | Foye, Arthur Bevins |
| 22 | 1958 | Perry, Donald Putnam |
| 23 | 1959 | Eaton, Marquis George |
| 24 | 1960 | Stans, Maurice Hubert |
| 25 | 1961 | Kohler, Eric Louis |
| 26 | 1963 | Barr, Andrew |
| 27 | 1963 | Morey, Lloyd |
| 28 | 1964 | Grady, Paul Franklin |
| 29 | 1964 | Mason, Perry Empey |
| 30 | 1965 | Peirce, James Loring |
| 31 | 1968 | Bailey, George Davis |
| 32 | 1968 | Carey, John Lansing |
| 33 | 1968 | Werntz, William Welling |
| 34 | 1974 | Trueblood, Robert Martin |
| 35 | 1975 | Spacek, Leonard Paul |
| 36 | 1976 | Queenan, John William |
| 37 | 1977 | Ross, Howard Irwin Howard Irwin Ross Howard Irwin Ross was a Canadian accountant, academic administrator, and Chancellor of McGill University.... |
| 38 | 1978 | Mautz, Robert Kuhn |
| 39 | 1979 | Moonitz, Maurice |
| 40 | 1980 | Armstrong, Marshall Smith |
| 41 | 1981 | Staats, Elmer Boyd |
| 42 | 1982 | Miller, Herbert Elmer |
| 43 | 1983 | Davidson, Sidney |
| 44 | 1984 | Benson, Henry Alexander |
| 45 | 1985 | Gellein, Oscar Strand |
| 46 | 1986 | Anthony, Robert Newton |
| 47 | 1987 | Defliese, Philip Leroy |
| 48 | 1988 | Bedford, Norton Moore |
| 49 | 1989 | Ijiri, Yuji Yuji Ijiri Yuji Ijiri is a retired accounting researcher and educator. He was the Robert M. Trueblood University Professor of Accounting and Economics at Carnegie Mellon University until his retirement on June 30, 2011.... |
| 50 | 1990 | Horngren, Charles Thomas |
| 51 | 1991 | Chambers, Raymond John |
| 52 | 1992 | Solomons, David David Solomons David Solomons presented the Crossing Cultures segment on BBC World's Fast Track programme.- External links :*... |
| 53 | 1993 | Baker, Richard Thomas Richard Thomas Baker Richard Thomas Baker was an Australian economic botanist, museum curator and educator.-Early life:Baker was born in Woolwich, England, son of Richard Thomas Baker, a blacksmith, and his wife Sarah, née Colkett... |
| 54 | 1994 | Sprouse, Robert Thomas |
| 55 | 1995 | Cooper, William Wager |
| 56 | 1996 | Beaver, William Henry |
| 57 | 1996 | Bowsher, Charles Arthur Charles Arthur Bowsher Charles Arthur Bowsher is a former Comptroller General of the United States. Bowsher was nominated by Ronald Reagan in 1981 and served as Comptroller General for 15 years... |
| 58 | 1996 | Kirk, Donald James Donald James Kirk Donald James Kirk, an American accountant, was chair of the Financial Accounting Standards Board.He became a partner with Price Waterhouse in 1967.... |
| 59 | 1997 | Burns, Thomas Junior |
| 60 | 1997 | Burton, John Campbell |
| 61 | 1998 | Wyatt, Arthur Ramer |
| 62 | 1999 | Cook, Jay Michael |
| 63 | 1999 | Groves, Ray John |
| 64 | 2000 | Demski, Joel Stanley |
| 65 | 2000 | Haskins, Charles Waldo Charles Waldo Haskins Charles Waldo Haskins was a co-founder of the accounting firm Haskins and Sells."He was born in 1852 into a leading American family ."... |
| 66 | 2000 | O'Malley, Shaun Fenton |
| 67 | 2000 | Skinner, Ross Macgregor |
| 68 | 2001 | Dopuch, Nicholas Nicholas Dopuch Nicholas Dopuch is an American accounting researcher and educator.In 2006, Dopuch was named to the Accounting Hall of Fame.-Sources:*... |
| 69 | 2001 | Edwards, James Don |
| 70 | 2002 | Zeff, Stephen Addam Stephen A. Zeff Stephen A. Zeff is the current Herbert S. Autrey Professor of Accounting at the Jesse H. Jones Graduate School of Management, Rice University, Houston, Texas, United States, and as of 2002 he was inducted as the 70th member of the Accounting Hall of Fame. Stephen A. Zeff holds B.S. and M.S.... |
| 71 | 2003 | Edwards, Edgar O. |
| 72 | 2003 | Bell, Philip W. |
| 73 | 2003 | Leisenring, James J. James J. Leisenring -Biography:He was director of research and director of international activities of the Financial Accounting Standards Board , and was the first chairman of FASB's Emerging Issues Task Force... |
| 74 | 2004 | Beresford, Dennis Robert |
| 75 | 2004 | Feltham, Gerald Albert |
| 76 | 2004 | Vatter, William Joseph |
| 77 | 2005 | Baxter, William Threipland |
| 78 | 2005 | Jenkins, Edmund Lowell Edmund Lowell Jenkins Edmund Lowell Jenkins is a leading accountant in the United States. He was chairman of the Financial Accounting Standards Board during a period in which it addressed controversial issues by adopting a standard for derivative accounting and eliminating pooling-of-interest accounting for U.S... |
| 79 | 2006 | Kaplan, Robert Samuel |
| 80 | 2006 | Sterling, Robert Raymond |
| 81 | 2007 | Schipper, Katherine Katherine Schipper Katherine Schipper is an American accounting researcher and educator.Currently the Thomas F. Keller professor of accounting at Duke University, she... |
| 82 | 2008 | Hopwood, Anthony |
| 83 | 2008 | Schuetze, Walter P. Walter P. Schuetze Walter P. Schuetze was Chief Accountant of the U.S. Securities and Exchange Commission during 1992-1995. He is known for being an advocate of mark-to-market accounting, which increases consistency between accounting statements' asset values and actual values of assets.His testimony before congress... |
| 84 | 2009 | Dyckman, Thomas |
| 85 | 2009 | Ball, Ray J. Ray J. Ball Ray J. Ball is an accounting researcher and Sidney Davidson Professor at the Graduate School of Business of the University of Chicago. He was a 2009 inductee into the Accounting Hall of Fame, in recognition of his contributions to the field.... |
Sources
- 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.
- Jenson, Daniel L. "Historical Notes on the Accounting Hall of Fame"
- Turner, Lynn "The Future is Now" Keynote Address, Accounting Hall of Fame-Association of Accounting Historians, Ohio State University, Columbus, Ohio, November 10, 2000