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Society Recognizes Members of the Media for Important Editorial Contributions

The New York State Society of CPAs has named the winners of this year’s Excellence in Financial Journalism Awards.

CPAs and representatives from the New York Financial Writers Association judged the entries for accuracy and thorough research, the ability to communicate a sound understanding of the topic, and fair and balanced reporting.

The Excellence in Financial Journalism Awards recognize reporters from the national and local press who contribute to a better comprehension of business topics. A luncheon honoring these journalists will be held at the Yale Club in Manhattan on May 3.

The following is the list of winners, with the categories noted in parentheses:

Gail Weinreich, Research Magazine, “The Ethical Advisor,” columns on financial and business ethics (Print Under 1,500 Words, Business/Financial)

Charles Gasparino, Newsweek, series of six articles on Wall Street developments, including an interview with the former head of the New York Stock Exchange Richard Grasso, activities by Attorney General Eliot Spitzer and action by Securities and Exchange Commission Chairman William Donaldson (Print Under 1,500 Words, General Audience)

David Evans, Bloomberg Markets, “The $150 Billion Shell Game,” how the largest U.S. corporations avoid paying taxes by setting up shell companies in the Cayman Islands (Print Over 1,500 Words, Business/Financial)

Allan Sloan and team, Newsweek, “The Dirty Little Secret of the Tax Cut,” cover story on President Bush’s tax cuts (Print Over 1,500 Words, General Audience)

Robert J. Samuelson, Newsweek, series of columns on personal finance issues (General Audience, Columns)

David M. Katz, CFO.com, “The Reality of Real-Time Reporting,” article about Section 409 of the Sarbanes-Oxley Act and the rapid reporting of unexpected events for an 8-K quarterly report (Electronic Media, Business/Financial)

Jennifer Barrett, Newsweek.com, series on personal finance issues (Electronic Media, General Audience)

Tasha Cook, WCPN, Cleveland, Ohio, “Outwitting the Fraudsters,” interview about forensic accounting and fraud investigation (Radio)

Scott Cohn, CNBC, “Power Lunch,” “NAIC Investigation,” segment on helping investment clubs find companies with good corporate governance as investment vehicles (Television)

Vernon Silver, Bloomberg News, “Bowling for Palestine,” investigative report about controlled investments by former Palestinian President Yasser Arafat (Wire Service)

Bruce Meyerson, The Associated Press, series of columns presenting complex accounting and governance rules in simple language for individual investors (Wire Service, Columns).