New Orleans (Jan. 10, 2013) – The American Institute of CPAs (AICPA) and the Management Accounting Section of the American Accounting Association are pleased to announce that Ken Merchant, Ph.D., has been awarded the 2013 Lifetime Contribution Award. Professor Merchant was honored for his research on relevant topics that advance business practice, innovative case-based teaching focused on how business actually operates, and his service to both companies and professional organizations.
Therese Libby, president of the American Accounting Association’s Management Accounting Section, and Kenneth W. Witt, CPA, CGMA, technical manager, AICPA’s business, industry & government team presented the award at the 2013 AAA Management Accounting Section’s mid-year meeting.
Sponsored by the AICPA, the Lifetime Contribution Award recognizes individuals who have made an important mark on management accounting education, research and practice. Professor Merchant was honored for his research and teachings in the areas of management accounting.
“The AICPA is very pleased to recognize Professor Merchant’s significant contributions to management accounting,” said Jim Morrison, CPA, CGMA, chief financial officer of Teknor Apex Co. and chair of the AICPA’s Business & Industry Executive Committee. “Merchant’s research teaching and commitment to the accounting profession, including many years of service on the Institute’s Business & Industry Executive Committee has created a better understanding of management accounting practice and corporate governance.”
Merchant is the Deloitte & Touche LLP Chair in Accountancy and Professor of Accounting at USC Marshall School of Business in Los Angeles. He is an expert in management accounting, management control systems, and corporate governance. Merchant served on the Institute’s business & industry executive committee, 2003-2010. He has published in, and served on the editorial boards of, many journals, including Accounting, Organizations and Society, The Accounting Review, Industrial Relations, Journal of Accounting Research, Journal of Marketing, and Management Science.
Merchant has received numerous awards, including three Notable Contributions to Research awards from the American Accounting Association, one for lifetime contributions to the field. He received an honorary doctorate from the Turku School of Economics (Finland) in 2010. Professor Merchant served as Dean of the Leventhal School of Accounting from 1994 to 2001. Before joining USC, he taught at Harvard Business School and U.C.-Berkeley.
Merchant received his Ph.D. at U.C.-Berkeley; his MBA from Columbia University, N.Y., N.Y. and his BA from Union College, Schenectady, N.Y.