Press Release: CPAs Support Ethical Financial Reporting With a New Award

Deadline is Fast Approaching!

PHILADELPHIA, Pa. - The Pennsylvania Institute of Certified Public Accountants (PICPA) introduces its Truth in Finances Award to highlight the work of journalists in Pennsylvania who demonstrate balanced reporting of financial issues relevant to the community at large. The award was the concept of PICPA's statewide Forensic and Litigation Services Committee.

Newspaper reporters, editors and publishers as well as TV and radio reporters who present stories occurring in and around Pennsylvania are eligible for the award. Stories that educate and/or protect consumers' well-being and the fiscal health of communities will be considered. Examples of eligible story topics include elder fraud and tips to protect senior citizens, illegal fundraising activities, and embezzlement of assets in companies, churches, government agencies, or non-profits.

Materials must be published between July 1, 2010 and June 30, 2011. The deadline for submissions is August 15, 2011.

The Truth in Finances Award selection committee is composed of CPAs, journalism professors, and media representatives. An award will be given in three categories: newspaper with less than 49,000, newspaper with circulation of more than 49,000 and radio/ TV. The committee will choose the winning entry for each of the three categories based on the educational value, organization, thoroughness, effectiveness in presentation and reach and the effect on the community.

Each submission must include a completed official entry form and a brief summary of the report. The application can be found at

Questions regarding the award can be submitted to the PICPA Communications Team at

The Pennsylvania Institute of Certified Public Accountants is a professional association of more than 20,000 members who work in public accounting, industry, government, and education. Founded in 1897, PICPA is the second-oldest state CPA organization in the United States. To find a member CPA in your area, visit our website at and click on CPA Locator.

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