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.[1] Inductees are from both accounting academia and practice. Since its inception in 1950 at The Ohio State University, it has honored 106 influential accounting professors, professional practitioners, and government and business accountants from the United States and other countries.

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Annual inductions to The Accounting Hall of Fame are the customary procedure. However in some years there are no inductions and in others multiple inductions are made.

Selection to The Accounting Hall of Fame is intended to honor and recognize distinguished service and 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 established.

Now hosted by the American Accounting Association (AAA), The Accounting Hall of Fame was established in 1950 at The Ohio State University (OSU). In 2017, OSU entered into an agreement with the American Accounting Association to transfer the authority to host of the Hall of Fame to the AAA. Since 2017 The Accounting Hall of Fame Transition Team, appointed by the AAA Board of Directors and chaired by Past-President Bruce Behn, who convenes the electors and administers the process, has made the selections.


Induction of the 2020 members was held during the virtual Annual Meeting of the American Accounting Association, in August 2020.

Overview

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."[2]

Induction into The Accounting Hall of Fame is one of the higher honors available within accounting academia. The only comparable awards in the United States may be two awards of the American Accounting Association: the Notable Contributions to Accounting Literature Award Award[3] which has been received by many of the Hall of Fame inductees, and the rare Seminal Contributions to Accounting Literature Award, which has only been awarded seven times.[4] The sublist of inductees who are accounting academics, thus, includes many of the most notable accounting academics.

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.[5]

The Accounting Hall of Fame Pin

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."[6]

In a keynote speech at the 50th anniversary of the Hall of Fame, hosted by The Ohio State University and The Academy of Accounting Historians, Lynn Turner, then chief accountant of the United States Securities and Exchange Commission (Washington D.C.), noted the influence 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".[7]

The award has always been intended to honor world-level contributions. The majority of recipients have been Americans, perhaps reflecting the historic leadership of America in the development of accounting regulations and in formal accounting research as much as reflecting the U.S.-based hosting of the award. Accounting standards co-evolved with the New York Stock Exchange and other public financial markets which have a scale and history in the U.S. not matched by public markets in most other countries. Englishman Sir Arthur Lowes Dickinson was one of the earliest inductees, honored in 1951 for establishing principles of consolidated accounting for conglomerate companies such as U.S. Steel while he was senior partner of Price-Waterhouse in the U.S. during 1901 to 1913. The first Canadian inducted was Howard Irwin Ross in 1977. The first woman inducted was Katherine Schipper in 2007.

Inductees

As of 2020, there are 106 inducted members of The Accounting Hall of Fame:[8]

AHoF
number		 Year Member
1 1950 May, George Oliver
2 1950 Montgomery, Robert Hiester
3 1950 Paton, William Andrew
4 1951 Dickinson, Arthur Lowes
5 1951 Hatfield, Henry Rand
6 1952 Sells, Elijah Watt
7 1952 Stempf, Victor Hermann
8 1953 Andersen, Arthur Edward
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
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
50 1990 Horngren, Charles Thomas
51 1991 Chambers, Raymond John
52 1992 Solomons, David
53 1993 Baker, Richard Thomas
54 1994 Sprouse, Robert Thomas
55 1995 Cooper, William Wager
56 1996 Beaver, William Henry
57 1996 Bowsher, Charles Arthur
58 1996 Kirk, Donald James
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
66 2000 O'Malley, Shaun Fenton
67 2000 Skinner, Ross Macgregor
68 2001 Dopuch, Nicholas
69 2001 Edwards, James Don
70 2002 Zeff, Stephen Addam
71 2003 Edwards, Edgar O.
72 2003 Bell, Philip W.
73 2003 Leisenring, James J.
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
79 2006 Kaplan, Robert Samuel
80 2006 Sterling, Robert Raymond
81 2007 Schipper, Katherine
82 2008 Hopwood, Anthony
83 2008 Schuetze, Walter P.
84 2009 Dyckman, Thomas
85 2009 Ball, Raymond John
86 2010 Walker, David Michael
87 2011 Previts, Gary John
88 2011 Storey, Reed Karl
89 2012 Herz, Robert
90 2013 Tweedie, David Philip
91 2014 Kinney, William Rudolph
92 2014 Briloff, Abraham Jacob
93 2015 Ohlson, James A.
94 2018 Anderson, George David
95 2018 Barth, Mary Elizabeth
96 2018 Kirtley, Olivia Faulkner
97 2018 Stringer, Kenneth Wilson
98 2019 Campfield, William Louis
99 2019 Nicholson, J. Lee
100 2019 Palmrose, Zoe-Vonna
101 2019 Penman, Stephan Harland
102 2020 Brink, Victor Zinn
103 2020 Mednick, Robert
104 2020 Seidman, Leslie French
105 2020 Sunder, Shyam
106 2020 Williams, Doyle Zane

References
  1. Burns and Coffman, 342.
  2. Jensen
  3. http://aaahq.org/Education/Awards
  4. "Seminal Contributions to Accounting Literature". American Accounting Association.
  5. Burns and Coffman, 344.
  6. Burns and Coffman, 346.
  7. Turner
  8. "MEMBERSHIP IN HALL". ACCOUNTING HALL OF FAME. Fisher College of Business. Retrieved 27 November 2017.

Further reading


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