Financial Accounting and Reporting Section
Lifetime Achievement Award
The Financial Accounting and Reporting Section (FARS) of the American Accounting Association (AAA) has established a lifetime achievement award. The purpose of the award is to recognize an individual’s achievements in outstanding thought leadership in financial accounting research over the course of his/her career. The Award will not be given with any specific periodicity but rather when an eligible recipient is identified.
The FARS Steering Board shall be solely responsible for the selection of the Award Recipient(s) using the following selection criteria:
- Candidates must be viewed as trailblazers, whose research has opened new areas of study and has reshaped the thinking of the academic community in a fundamental way.
- The candidates’ works that sowed the seeds for award consideration must have been published at least 20 years prior to the year in which the award will be bestowed.
- Consideration for the award will be based on the cumulative impact the candidates’ works have had and continues to have on academic thought.
A candidate must receive the support of at least 75% of the FARS Steering Board members (11 out of 14 members) to be given the award. The name of any award winner(s) will be announced and the winner(s) will be recognized and presented with a citation at the FARS Midyear Meeting.
Given the listed criteria, the expectation is that the choice of the award winner is likely to be uncontroversial and would be viewed as a celebration of path-breaking contributions to financial accounting research, with the award given only when a candidate meets the criteria. FARS members may submit nominations of candidates meeting the above criteria to the chair of the Lifetime Achievement & PhD Mentoring Awards Committee by March 1.
The chair of the committee is Peter Demerjian (pdemerj@uic.edu). Nominated candidates not selected for the award to be given in the following Midyear meeting may be considered by the FARS steering board for a future award.