Accounting Hall of Fame

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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 124 influential accounting professors, professional practitioners, and government and business accountants from the United States and other countries.

Contents

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 fields 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 the Hall of Fame to the AAA. The Accounting Hall of Fame Committee convenes the electors and administers the process to make the selections.


The induction of the 2025 members took place at the AAA Annual Meeting in Chicago, IL.

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 Accounting Hall of Fame Pin.jpg
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. from 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 2025, there are 125 inducted members of The Accounting Hall of Fame: [8] Click the asterisk by each member's name to go to the American Accounting Association's website and learn more about them.

AHoF
number
YearMember
11950 May, George Oliver *
21950 Montgomery, Robert Hiester *
31950 Paton, William Andrew *
41951 Dickinson, Arthur Lowes *
51951 Hatfield, Henry Rand *
61952 Sells, Elijah Watt *
71952 Stempf, Victor Hermann *
81953 Andersen, Arthur Edward *
91953 Andrews, Thomas Coleman *
101953 Sprague, Charles Ezra *
111953 Sterrett, Joseph Edmund *
121954 Blough, Carman George *
131954 Broad, Samuel John *
141954 Sanders, Thomas Henry *
151954 Scovill, Hiram Thompson *
161955 Brundage, Percival Flack *
171956 Littleton, Ananias Charles *
181957 Kester, Roy Bernard *
191957 Miller, Hermann Clinton *
201958 Finney, Harry Anson *
211958 Foye, Arthur Bevins *
221958 Perry, Donald Putnam *
231959 Eaton, Marquis George *
241960 Stans, Maurice Hubert *
251961 Kohler, Eric Louis *
261963 Barr, Andrew *
271963 Morey, Lloyd *
281964 Grady, Paul Franklin *
291964 Mason, Perry Empey *
301965 Peirce, James Loring *
311968 Bailey, George Davis *
321968 Carey, John Lansing *
331968 Werntz, William Welling *
341974 Trueblood, Robert Martin *
351975 Spacek, Leonard Paul *
361976 Queenan, John William *
371977 Ross, Howard Irwin *
381978 Mautz, Robert Kuhn *
391979 Moonitz, Maurice *
401980 Armstrong, Marshall Smith *
411981 Staats, Elmer Boyd *
421982 Miller, Herbert Elmer *
431983 Davidson, Sidney *
441984 Benson, Henry Alexander *
451985 Gellein, Oscar Strand *
461986 Anthony, Robert Newton *
471987 Defliese, Philip Leroy *
481988 Bedford, Norton Moore *
491989 Ijiri, Yuji *
501990 Horngren, Charles Thomas *
511991 Chambers, Raymond John *
521992 Solomons, David *
531993 Baker, Richard Thomas *
541994 Sprouse, Robert Thomas *
551995 Cooper, William Wager *
561996 Beaver, William Henry *
571996 Bowsher, Charles Arthur *
581996 Kirk, Donald James *
591997 Burns, Thomas Junior *
601997 Burton, John Campbell *
611998 Wyatt, Arthur Ramer *
621999 Cook, Jay Michael *
631999 Groves, Ray John *
642000 Demski, Joel Stanley *
652000 Haskins, Charles Waldo *
662000 O'Malley, Shaun Fenton *
672000 Skinner, Ross Macgregor *
682001 Dopuch, Nicholas *
692001 Edwards, James Don *
702002 Zeff, Stephen Addam *
712003 Edwards, Edgar O. *
722003 Bell, Philip W. *
732003 Leisenring, James J. *
742004 Beresford, Dennis Robert *
752004 Feltham, Gerald Albert *
762004 Vatter, William Joseph *
772005 Baxter, William Threipland *
782005 Jenkins, Edmund Lowell *
792006 Kaplan, Robert Samuel *
802006 Sterling, Robert Raymond *
812007 Schipper, Katherine *
822008 Hopwood, Anthony *
832008 Schuetze, Walter P. *
842009 Dyckman, Thomas *
852009 Ball, Raymond John *
862010 Walker, David Michael *
872011 Previts, Gary John *
882011 Storey, Reed Karl *
892012 Herz, Robert *
902013 Tweedie, David Philip *
912014 Kinney, William Rudolph *
922014 Briloff, Abraham Jacob *
932015 Ohlson, James A. *
942018 Anderson, George David *
952018 Barth, Mary Elizabeth *
962018 Kirtley, Olivia Faulkner *
972018 Stringer, Kenneth Wilson *
982019 Campfield, William Louis *
992019 Nicholson, J. Lee *
1002019 Palmrose, Zoe-Vonna *
1012019 Penman, Stephan Harland *
1022020 Brink, Victor Zinn *
1032020 Mednick, Robert *
1042020 Seidman, Leslie French *
1052020 Sunder, Shyam *
1062020 Williams, Doyle Zane *
1072021 Carter, Arthur Hazelton *
1082021 Larcker, David Francis *
1092021 Mobley, Sybil Collins *
1102021 Noski, Charles Howard *
1112022 Brown, Frank Donaldson *
1122022 Bunting, Robert Louis *
1132022 Verrecchia, Robert Ernest *
1142023 Elliott, Robert Kalb *
1152023 Lybrand, William Mitchell *
1162023 Peters, Aulana Louise *
1172023 Wilson, Gordon Peter *
1182024 Libby, Robert (Bob) *
1192024 Ross, Frank Kenneth *
1202024 Watts, Ross Leslie *
1202025 Bean, David R. *
1202025 Melancon, Barry C. *
1202025 Shevlin, Terry *
1202025 Washington Wylie, Mary T. *

References

  1. Burns and Coffman, 342.
  2. Jensen
  3. "AAA > 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