Columbus, Ohio (Aug. 6, 2003) -- Three accountants have been inducted for 2003 into the Accounting Hall of Fame: Philip W. Bell and Edgar O. Edwards, authors of a noted text on business income measurement, and James J. Leisenring., who has played a key role in developing financial reporting standards.


Bell, a former World War II pilot and New York Times correspondent, earned his doctorate in economics from Princeton University and served as an educator on many university faculties. He co-authored the classic text on business income, The Theory and Measurement of Business Income, published in 1964 with Edgar O. Edwards.


Edwards is also a WWII vet, with a doctorate in economics from Johns Hopkins University and many years in academia at Princeton and Rice Universities. In addition, he has held appointments with the Ford Foundation and played important advisory roles for the governments of Kenya, Botswana, and Lebanon.


James J. Leisenring is a member of the International Accounting Standards Board, where he has liaison responsibility to the Financial Accounting Standards Board (FASB) where he served from 1987 to 2000. Prior to being named to the board, he was FASB director of research and technical activities, a post he had held since 1982, and also chaired the board’s Emerging Issues Task Force. Before joining the FASB, Leisenring was a partner in Leisenring, Herkner & Co. of Battle Creek Michigan, now part of Plante & Moran. He has served as chair of the AICPA’s Auditing Standards Board and as a faculty member at Western Michigan University.


The Accounting Hall of Fame was established in 1950 at The Ohio State University’s Fisher College of Business and has since honored 73 influential and respected accountants from academe, accounting practice, government, and business. The Hall of Fame’s international board of electors selects the honorees.


For more about the Accounting Hall of Fame, visit the site at http://fisher.osu.edu/acctmis/hall/index.htm

 

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