Journalists Receive Awards from NYSSCPA for Financial Reporting

NEW YORK, March 23 /PRNewswire/ -- The New York State Society of Certified Public Accountants has announced winners for its Excellence in Financial Journalism Awards that recognize reporters from the national and local press who contribute to a better understanding of business topics.

Winners selected were:

* Print Over 1,500 Words, Accounting:
Joseph Weber, Michael Arndt, Emily Thornton, Amy Barrett, Dean Foust, Business Week, "CFOs on the Hot Seat"

* Print Over 1,500 Words, General Audience:
Rod Norland, Newsweek, London and Michael Hirsch, Newsweek, Washington for their cover story, "Bush's $87 Billon Mess"

* Print Under 1,500 Words, General Audience:
Lisa Ann Williamson, Staten Island Advance, "Setting Up a Trust for a Child with Disabilities"

* Print Over 1,500 Words, Business/Financial:
Bob Drummond, Bloomberg Markets, "Unfair Disclosure - US Companies Still Pass Crucial Information to Favored Investors"

* Print Under 1,500, Business/Financial:
Gil Weinreich, Research Magazine, The Ethical Advisor - series of columns on ethics

* Business/Financial Columnist:
John Crudele, The New York Post, for his weekly column which makes complex financial stories understandable

* General Audience - Columnist:
Rachel Beck, The Associated Press, for her regular All Business Column

* Electronic Media/Business and Financial:
David M. Katz, CFO.com, "Troubled Times at the AICPA"

* Electronic Media/General Audience:
Jennifer Barrett, Newsweek, "Charging Into Retirement"

* Wire Service:
David Evans, Abhay Singh, Adrian Cox, Bloomberg News, "The Flimflam Man"

* Radio:
John Wordock, CBS Marketwatch, series to help investors cope with the war in Iraq

* Television:
-- Fernando Diego Orfila, Univision 23, Miami for the segment on how to prepare financially for a hurricane
-- A Special Recognition Award -- Outstanding Producer in a Financial Series to Catherine McKenzie, ABC Eyewitness News for its Love and Money series

A panel of CPAs from the Society and financial journalists from the New York Financial Writers Association judged the competition. Entries were judged on accuracy and thorough research, the ability to communicate an understanding of the topic and the fair and balanced representation of the issue.

Winners will receive their awards at a ceremony to be announced shortly.

About the NYSSCPA

Representing nearly 30,000 accountants and CPAs, the New York State Society of Certified Public Accountants (NYSSCPA) is the oldest and largest state accounting organization in the nation. Incorporated in 1897, the Society is a nonprofit 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 or private practice in a state that serves as the home of Wall Street and major financial centers.

The New York State Society of CPAs is located at 530 Fifth Avenue, New York, NY 10036. To learn more about the Society call 800-633-6320 or visit the Society's website at www.nysscpa.org.

Source: New York State Society of Certified Public Accountants

CONTACT: Lois K. Whitehead, Public Relations Manager of NY State Society
of Certified Public Accountants, +1-212-719-8405, lwhitehead@nysscpa.org