The AICPA announced on Tuesday that Panos Patatoukas, an associate professor at the Haas School of Business at U.C. Berkley, has been awarded the 2017 Notable Contributions to Accounting Literature Award at this year's American Accounting Association Annual Meeting in San Diego.

Patatoukas was recognized for his 2012 article, “Customer-Base Concentration: Implications for Firm Performance and Capital Markets,” which researched "the conventional view that customer-base concentration...impedes supplier-firm performance," per a school statement.

"Panos’ work demonstrates the importance of accounting research and the impact it can have on accounting education," stated Steve Matzke, director, faculty & university initiatives at the AICPA. "His unique approach provides insight into capital markets and serves to advance the profession’s understanding of how these markets can operate more efficiently."

The Notable Contributions to Accounting Literature Award is awarded annually and is judged on factors such as originality, research methodology and effect on accounting education.

Patatoukas has also been previously honored with the Earl F. Cheit Outstanding Teaching Award - the highest teaching awarded by Berkeley-Haas - both in 2012 and 2015, and was also selected as a top 10 business professor under 40 by Fortune magazine.

Panos Patatoukas.
Panos Patatoukas.

For more on the Accounting Literature Award, head to the American Accounting Association's site here.

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