2010 Distinguished Service in Auditing Award - William Morley Lemon
Presented by Shaun Budnik
Morley Lemon (right) receives the 2010 Distinguished Service Award, presented by Shaun Budnik (left).
William Morley Lemon, who has been a member of the American Accounting Association’s (AAA) Council and a member of twenty-two AAA and Auditing Section committees, recently received the 2010 Distinguished Service in Auditing Award. This award recognizes individuals who have made significant contributions to the profession, the Auditing Section, and scholarship.
The 2010 selection committee members were Bill Kinney (professor, University Texas, Austin), Bill Messier (professor, University of Nevada, Las Vegas), Jere Francis (professor, University of Missouri-Columbia),and Shaun Budnik, partner, Deloitte LLP and president, Deloitte Foundation.
A History of Impact
Lemon, who is currently a professor emeritus at the University of Waterloo, is being recognized for his extensive work with the Canadian and U.S. accounting profession – both in practice and in academia.
He is best known for his work with the Canadian Institute of Chartered Accountants (CICA), where he served as a member of the CICA’s Assurance Standards Board. Lemon has also served on seven other CICA and CICA-related committees, task forces, and international “joint working groups.” Topics include professional ethics, integrity and the public interest, international issues, audit methods, audit risk, and materiality.
In addition, he received numerous assignments and appointments with the AAA (and the Auditing Section) and the Canadian Academic Accounting Association.
In academia, Lemon has done significant work as the director of the Canadian Centre for Ethics & Corporate Policy at the University of Waterloo for many years. In that role, he promoted the importance of ethics in business and in business school curricula.
Because of his contributions to the profession, he has been frequently recognized (e.g., elected a fellow of the Institute of Chartered Accountants of Ontario and recipient of the Award of Outstanding Merit from that body), and has presented at numerous conferences, such as the Globe & Mail Insight Conference and the Institute of Internal Auditors, Toronto chapter meetings.
Lemon is a certified public accountant (Texas) and a chartered accountant (Ontario). He obtained a BA from the University of Western Ontario, an MBA from the University of Toronto, and a PhD from the University of Texas at Austin.