Now hosted by the American Accounting Association (AAA), the Accounting Hall of Fame (AHOF) 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 home of the Hall of Fame to the AAA.  In 2018, the AHOF Transition Team, appointed by the AAA Board of Directors and chaired by Past-President Bruce Behn, coordinated selection of the next four inductees. The Transition Team, now known as the AHOF Committee, will continue its charge through the coming years.

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 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 established.