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Carcello Receives TSCPA Distinguished Achievement Award

KNOXVILLE, TN — Joseph V. Carcello received the 2010 Tennessee Society of Certified Public Accountants’ (TSCPA) Distinguished Achievement in Accounting Education Award.  Carcello is the Ernst & Young professor in UT’s College of Business Administration’s Department of Accounting and Information Management and the director of research for UT’s Corporate Governance Center.

Joe CarcelloThe award is given annually to one current full-time or recently retired accounting educator who has made significant contributions to the accounting profession. Carcello was selected from a pool of extremely qualified candidates by the TSCPA Accounting Education and Career Awareness Committee.
Previous honorees from the University of Tennessee College of Business Administration include Dan Murphy (2008), Deloitte Professor in Accounting and head of the Department of Accounting and Information Management, and Bruce Behn (2003), Ergen Professor in Business.

Carcello has provided a lifetime of exceptional accounting education and support to the profession. He recently completed a two-year term on PCAOB's Standing Advisory Group, the highly influential group that helps establish auditing and professional practice standards for all public companies in the U.S., and is currently serving as the only academic appointed to its inaugural Investor Advisory Group. He has published more than 50 articles in academic and professional journals on audit committee performance, financial fraud, going-concern reporting, and audit quality.

Carcello has testified before a U.S. Treasury Department committee on the future of the auditing profession and has served the U.S. Securities and Exchange Commission as an expert witness. Among his numerous teaching accolades, he received Beta Alpha Psi's Business Professional of the Year award in 2008 and received the UT National Alumni Association Outstanding Teacher Award in 2009.

Carcello was named by Business Finance magazine as one of the "most influential" individuals in accounting and finance for four consecutive years (2004-07), the only academic to be so recognized, and has been named by Business Week as a "prominent faculty" in its ranking of undergraduate business programs.

TSCPA is the state professional association for CPAs residing and practicing primarily in Tennessee with more than 8,500 members who work in all areas of accounting including public accounting, education, government, business and industry. TSCPA is headquartered in Brentwood, TN. 

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