The American Institute of CPAs awarded the 2005 Gold Medal for Distinguished Service, its highest honor, this week to former Financial Accounting Standards Board chair Dennis R. Beresford.

Beresford, now the Ernst & Young Executive Professor of Accounting at the University of Georgia Terry College of Business, served as FASB chairman from 1987 to 1997. Prior to joining the board, he was national director of accounting standards for Ernst & Young.

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