Max Block Award Winners Recognized
JUNE 2007 -
The winners of the 2006 Max Block Distinguished Article Award were
announced and presented at The CPA Journal Editorial Board
meeting at the NYSSCPA offices on May 7. The presentations were
made by Editor-in-Chief Mary-Jo Kranacher and NYSSCPA President-Elect
and Editorial Board Member David A. Lifson. The award recognizes
excellence in three categories that reflect The CPA Journal’s
mission. The winners are as follows:
Article in the Area of Technical Analysis: “A
Closer Look at Financial Statement Restatements: Analyzing the
Reasons Behind the Trend,” by Lynn E. Turner and Thomas
R. Weirich, December 2006.
Lynn E. Turner,
CPA, is managing director of research at Glass Lewis & Co.,
LLC, and a member of The CPA Journal Editorial Board.
R. Weirich, PhD, CPA, is a professor of Accounting at the Central
Michigan University School of Accounting. The article presents
the results of financial statement restatements during 2005 and
the first nine months of 2006. The authors analyzed the reasons
behind restatements, breaking them down by auditor.
R. Weirich & David A. Lifson
in the Area of Informed Comment: “GAAP Requirements for
Nonpublic Companies: New Views on ‘Big GAAP’ Versus
‘Little GAAP,’” by Jeffrey S. Zanzig and Dale
L. Flesher, May 2006.
& Jeffrey S.
Zanzig, PhD, CPA, is an assistant professor of accounting at the
College of Commerce and Business Administration of Jacksonville
State University, Jacksonville, Ala. Dale L. Flesher, PhD, CPA,
is associate dean at the Patterson School of Accountancy of the
University of Mississippi, Oxford, Miss. The article addresses
an AICPA study regarding the subject of “Big GAAP”
versus “Little GAAP,” issued by the Private Company
Financial Reporting Task Force in February 2005.
Article in the Area of Policy Analysis: “Social
Security: The Past, the Present, and Options for Reform,”
by Susan B. Anders and David S. Hulse, May 2006.
Susan B. Anders,
PhD, CPA, is a professor of accounting at St. Bonaventure University,
St. Bonaventure, N.Y., and a member of The CPA Journal
Editorial Board. David S. Hulse, PhD, is the Deloitte & Touche
professor of accountancy at the Von Allmen School of Accountancy
at the University of Kentucky, Lexington, Ky. The article provides
a detailed analysis of Social Security tax rates and benefits, the
funding and redistributive aspects of the program, and the options
for future reform In
addition to the members of The CPA Journal Editorial Board,
the editors would also like to thank the following Max Block
B. Anders & David A. Lifson
who provided invaluable input by judging the nominated articles:
Stewart Berger, H. Stephen Grace Jr., Kenneth Gralak, Steve Loeb,
John O’Leary, Mary Ellen Oliverio, Paul Pacter, Allan Rabinowitz,
Barry Seidel, and Charles Spector.
S. Hulse & Mary-Jo
(1902–1988), a founding partner of Anchin, Block & Anchin
LLP, is described by many who knew him as a visionary whose ideas
have formed the basis for many reporting and practice-management
concepts in use today. Block was managing editor of the NYSSCPA’s
Journal (now The CPA Journal) from 1958 to 1972.
since 1975, The CPA Journal has recognized his contributions
and achievements by bestowing the Max Block Distinguished Article
Award on the most outstanding articles. Although the judging and
selection procedures continue to evolve, the criteria remain:
“An innovative and stimulating article which is of current
significance and which is likely to be of lasting value.”