Thomas A. Ratcliffe Ph.D., CPA, CGMA (May 20, 1952 - March 23, 2014)
Dr. Tom’s spirit and legacy lives on at CPEA. The CPEA continues to build upon the foundation that he built with great member service, quality you can trust, communicating complicated principles in clear and concise terms , and a spirit of innovation.
Tom Ratcliffe was Technical Director of the Center for Plain English Accounting and an accounting and auditing thought leader, writer, and advisor helping CPAs throughout the country understand and appropriately-implement the accounting and attest engagement technical literature.
In 2012 and 2013, Tom worked with the AICPA staff in drafting the new Financial Reporting Framework for Small- and Medium-Sized Entities, and he served on the Task Force that worked toward finalizing that Framework. He served as a member of the Auditing Standards Board [ASB], the AICPA senior technical committee responsible for developing auditing, attestation, and quality control standards, during the development of the clarified and converged auditing and quality control standards. During his tenure with the ASB, Tom also served as a member of the Audit Issues Task Force [AITF].
Prior to joining the ASB, Tom served as Chair and as a member of the AICPA Accounting and Review Services Committee [ARSC], and he served on the AICPA Council. He also was the primary contributing author to the original AICPA Guide for Compilation and Review Engagements. He served as a founding member of the Private Company Financial Reporting Committee [PCFRC].
Tom served as an accounting and auditing technical advisor to six different associations of CPA firms. For 25 years, he authored the Bisk Education monthly Accounting and Auditing Report, the widely-used monthly update of accounting and auditing issues that is distributed nationally to CPAs in public practice and industry. Also, Tom was a regularly-featured speaker through web-based programs, including those offered through the Center for Plain English Accounting.
Tom earned his Ph.D. at The University of Alabama. He published more than 100 technical works in accounting and auditing, including several books and other documents that are widely-utilized in practice. In 2004, based on both the quality and the quantity of his publications, Tom was recognized as one of the most prolific authors in the accounting profession.
Tom received numerous research and teaching awards throughout his career, including the Alabama Society of CPAs Outstanding Professional Educator award. After winning that award for seven consecutive years, the Alabama Society of CPAs renamed the award in his honor.
Tom was Director Emeritus of the School of Accountancy at Troy University, and he was the Senior Accounting and Auditing Technical Advisor for Warren Averett, LLC.