The American Institute of CPAs has received a 2005 Summit Award from the American Society of Association Executives for its national 360 Degrees of Financial Literacy program.

The AICPA program was selected from more than 200 contestants, and is one of six organizations to win a Summit Award this year. The award is the society's highest honor for associations that implement innovative community-based programs. The winners, chosen by the association's Advance America Committee, are recognized for their efforts involving public education and information, business and social innovation, citizenship and democracy enhancement, and civic and community volunteerism.

"We share this great honor with the thousands of CPAs who, either on their own or through the outstanding programs of the state CPA societies, have generously volunteered their time and talents to help Americans understand their personal finances," said AICPA president and chief executive Barry Melancon, in a statement.

Carl George, chairman of the National CPA Financial Literacy Commission, said that the financial literacy program has reached more than 145 million people. Launched in May 2004, the centerpiece of the campaign is a consumer Web site,, which contains hundreds of articles, tools and frequently asked questions on a number of financial topics.

The AICPA will receive its award at the sixth annual Summit Awards Dinner on Sept. 27 in Washington, D.C.

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