Wildman Medal Award
History and Criteria
In 1978–79, Deloitte, Haskins & Sells (who then became Deloitte & Touche and now Deloitte) joined with the AAA to offer the AAA-DH&S Wildman Medal (then the AAA-D&T Wildman Medal and now AAA-D Wildman Medal). A description of the purpose of this program follows:
Deloitte ("the Firm") attaches great importance to the contribution that research can make to the development of the accounting profession. While the Firm recognizes that there is a need for fundamental research in our field as in other branches of learning, it particularly wishes to encourage research, defined broadly, (e.g., empirical, descriptive, or theoretical) or the application of research which may be expected to have practical implications for the problems of the public accounting profession in the relatively near future.
This was the aim, too, of John R. Wildman, a partner in the Firm from 1918 to 1938, who was also a professor of accounting and department head at New York University and the first president of the American Association of University Instructors in Accounting, the body which later became the American Accounting Association (the "AAA").
The Firm decided that 1978, the centenary of John Wildman's birth and the fiftieth anniversary of the Firm's Foundation was an appropriate time to collaborate with the American Accounting Association in founding the Wildman Medal, to commemorate their former partner, and to encourage research relevant to the professional practice of accounting to which much of his life was devoted. It is hoped that the medal, and the financial award which will go with it, will come to be regarded as a signal recognition of excellence in this field, and would encourage researchers, especially among younger academic accountants, to turn their endeavors toward solving some of the problems which beset public accounting.
The following rules govern the award:
- Subject to the further conditions as to eligibility set out in the following paragraphs, the medal and the related financial award is awarded annually at the American Accounting Associationís Annual Meeting to the author(s) of the article, monograph, book or other work, reflecting the results of their research or the application of the research of others, published during the five calendar years preceding the year of the award (2015) which is judged to have made or will be likely to make the most significant contribution to the advancement of the practice of public accountancy (including audit, tax and management services.) Note that in some cases a paper may be accepted for publication in a given calendar year and then may actually appear in a volume that carries an earlier calendar year as a publication date. In such cases, the year that the particular issue was actually published should be the date used to determine eligibility.
- A financial award of $5,000 accompanies the medal. In the event of multiple award winners, each recipient would receive $2,500 (up to three recipients; $7,500 maximum per year).
- Selection of the winner(s) will be made by a selection committee to be appointed each year by the President of the American Accounting Association. One member of this committee will be nominated by the Deloitte Foundation, if it so elects.
- The committee may, at its discretion, decide that in any particular year no award will be made.
- The Deloitte Foundation will periodically decide whether to extend this program.
- It is required that the winner(s) be a member of the AAA on February 1 of the year in which the published work is being considered. In the case of co-authored work, at least one author must meet the AAA membership test. However, the monetary award and gold medal(s) will go only to the author(s) who do meet the membership test.
Council members shall be asked in writing to suggest nominees for the Wildman Medal. The Notable and Distinguished Contributions to Accounting Literature Award Screening Committee shall be encouraged to submit candidates for the Wildman Award to the Wildman Committee.
At its meeting in March 1990, the AAA Executive Committee voted that the Wildman Award and the Notable Contributions to Accounting Literature Award serve different purposes and that it would be rare that one work would be the recipient of both of these awards.
Previous Recipients of the Wildman Medal:
Joseph F. Brazel, Tina D. Carpenter and J. Gregory Jenkins
"Auditors' Use of Brainstorming in the Consideration of Fraud: Reports from the Field" published in the July 2010 issue of The Accounting Review.
Samuel Ranzilla, Robert Chevalier, George Herrmann, Steven M. Glover and Douglas F. Prawitt
"Elevating Professional Judgment in Auditing and Accounting: The KPMG Professional Judgment Framework. 2011."
Jean C. Bedard and Lynford Graham
"Detection and Severity Classifications of Sarbanes-Oxley Section 404 Internal Control Deficiencies." The Accounting Review 86, (May 2011): 825-855
Luzi Hail, Christian Leuz, and Peter Wysocki
"Accounting Convergence and the Potential Adoption of IFRS by the U.S. Part 1: Conceptual Underpinnings and Economic Analysis." Accounting Horizons 24:355-394. "Global Accounting Convergence and the Potential Adoption of IFRS by the U.S. Part 2: Political Factors and Future Scenarios for U.S. Accounting Standards." Accounting Horizons 24:567-588.
William R. Baber and Angela K. Gore
"Consequences of GAAP Disclosure Regulation: Evidence from Municipal Debt Issues"
May 2008 issue of The Accounting Review
Mary Barth, Leslie Hodder and Stephen Stubben
"Fair Value Accounting for Liabilities and Own Credit Risk"
May 2008 issue of The Accounting Review
Robert D. Allen, Dana R. Hermanson, Thomas M. Kozloski and Robert J. Ramsay
“Auditor Risk Assessment: Insights from the Academic Literature”
Vivien Beattie, Richard Brandt, and Stella Fearnley
"Behind Closed Doors: What Company Audit Is Really About"
William R. Kinney, Zoe-Vonna Palmrose, and Susan W. Scholz
"Auditor Independence, Non-Audit Services, and Restatements: Was the U.S. Government Right?"
George A. Plesko and Lillian F. Mills
"Bridging the Reporting Gap: A Proposal for More Iinformative Reconciling of Book and Tax Income"
National Tax Journal (2003).
Mark W. Nelson, John A. Elliott, and Robin L. Tarpley
"Evidence from Auditors about Managers' and Auditors' Earnings Management Decisions"
The Accounting Review (2002 Supplement)
"Studies in Accounting Research #33, Empirical Research in Auditor Litigation: Considerations and Data"
2000, American Accounting Association
"Financial Statement Analysis and Security Valuation"
Robert S. Kaplan
William R. Kinney, Jr.
Gerald A. Feltham and James A. Ohlson
Krishna Palepu, Paul Healy, and Victor Bernard (awarded posthumously)
David Solomons (awarded posthumously)
John W. Hill
Robert K. Elliot
Mark A. Wolfson
A. Rashad Abdel-khalik and Ira Solomon
James C. Treadway, Jr.
H. Thomas Johnson and Robert S. Kaplan
Barry E. Cushing and James K. Loebbecke
Frederick D.S. Choi and Gerhard G. Mueller
William H. Beaver and Wayne Landsman
Henry R. Jaenicke
William R. Kinney, Jr.
Theodore J. Mock and Jerry L. Turner
Wanda A. Wallace
Donald A. Leslie, Albert D. Teitlebaum, and Rodney J. Anderson
Loyd C. Heath