Joe Carcello, the Ernst & Young Professor in Accounting in the College of Business Administration, has received Beta Alpha Psi’s prestigious Business Professional of the Year award.
Award recipients are selected based on the impact they have on the accounting profession in the areas of education, industry, and government and public accounting. Carcello won for education.
Carcello is the second recipient from UT since the award’s inception in 1975; Jan Williams, dean of the College of Business Administration, received the award in 2001.
Carcello is director of research for UT’s Corporate Governance Center and is one of two academics appointed to the prestigious 31-member Public Company Accounting Oversight Board’s Standing Advisory Group, which helps establish auditing and professional practice standards for U.S. public companies. He has been identified numerous times by Business Finance magazine as one of the country’s most influential businesspeople.
Beta Alpha Psi is an honorary organization for financial information students and professionals with about 300 active or petitioning chapters and more than 300,000 members.