Journalists Receive Awards From NYSSCPA for Financial Reporting

Journalists Receive Awards From NYSSCPA
for Financial Reporting

FOR IMMEDIATE RELEASE

Contact: Lois Whitehead
Public Relations Manager
Tel: 212-719-8405
Email: lwhitehead@nysscpa.org

NEW YORK, NY, March 26, 2010 – The New York State Society of Certified Public Accountants (NYSSCPA) has announced winners for its Excellence in Financial Journalism Awards that recognize reporters who contribute to a better understanding of business topics. Judges, representing the NYSSCPA and the New York Financial Writers Association, selected winners. Journalists will receive their awards at a luncheon at the Yale Club in New York City on May 4th.

Winners are:

Books – General Audience:

Justin Fox, Book Stores, Harper Collins, “The Myth of the Rational Market”, a history of risk, reward, and delusion on Wall Street.

Books – Business/Financial:

Charles R. Geisst, Bloomberg Press, “Collateral Damaged”, the marketing of consumer debt to America.

Print-Accounting: magazine over 1,500 words:

Randy Myers, CFO Magazine, “Taxed to the Max”, how U.S. corporate tax policy is hampering the global competitiveness of U.S. companies.

Print-Business/Financial – magazine under 1,500 words:

Aaron Elstein, Crain’s New York Business, “Companies Play Spin the Balance Sheet”, reveals ways public companies are “spinning” their disappointing financial results.

Print-Business/Financial – magazine over 1,500 words:

William P. Barrett, Janet Novack, Forbes, “Tax Snitches Are on the Loose”, shows the huge impact the federal 2006 whistleblower reward law is having—and is likely to have—on tax enforcement.

Print-Business Financial – Series of Articles:

Kenneth Silber, Research Magazine, “Historical Research”, a series of articles providing historical perspective bearing on current business and economic events of the day.

Print-General Audience – magazine over 1,500 words:

Julie Jason, AAII Journal, “How to Create Your Own Pension: A Closer Look at Immediate Annuities”, takes an in-depth look at the “immediate annuity” as a pension substitute.

Print-General Audience – series of articles:

Kathy Chu, USA Today, “The Credit Trap”, a series of articles documenting how banks have used steep fees and questionable practices to profit off vulnerable consumers.

Electronic Media – Accounting:

Jeremiah Coder, Tax Analysts, “Madoff Investors Face Uphill Battle, Possible Shelter Rules”, brings awareness to tax issues surrounding taxpayer losses from investments in Ponzi schemes.

Electronic Media – Business/Financial:

Jonathan Weil, Bloomberg News, “Numbers Tell the Story”, how banks used accounting tricks to mask their crippled state and how government agencies abetted financial industry abuses.

Wire Service – Business/Financial:

AP Business News Staff, The Associated Press, “Meltdown Legacy”, a five week series of articles explaining the lasting impact of the financial crisis and great recession on businesses, governments and consumers.

Wire Service – General Audience:

Isaac Wolf, Scripps Howard News Service, “Forgive Us Our Debts”, an investigation of the debt collection industry’s practices, particularly the development of a market for resold debt.

Radio - Feature:

Carole Zimmer, Mark Mills, Kevin Hannigan, WBBR Bloomberg Radio, “Busting the Budget: Fixing Healthcare”, an examination of the health reform debate.

Radio – Series/General Audience:

John Wordock, Andrew O’Day, Adrienne Mitchell, Tracy Johnke, Steve Potisk, MarketWatch Radio Network, “The Hunt for the Stimulus”, discusses what stimulus tax credits and funding are working and those which are not.

Television – News Segment:

Tara Lynn Wagner, NY1-Money Matters, “College Tuition 101”, an examination of issues related to paying for college.

About the NYSSCPA
Representing 28,000 CPAs, the New York State Society of Certified Public Accountants (NYSSCPA) is the oldest state accounting organization in the nation. Incorporated in 1897, the Society is a not-for-profit organization that seeks to establish and maintain high standards of integrity, honor, and character among certified public accountants. Its members are CPAs working in public practice, industry, government and education in a state that serves as the home of Wall Street and major financial institutions.

The New York State Society of CPAs is located at 3 Park Avenue, New York, NY 10016. To learn more about the Society call 800-633-6320 or visit the Society’s website at www.nysscpa.org.