Michigan State University professor honored for contribution to management accounting education, research and practice
Scottsdate, Arizona – The Association of International Certified Professional Accountants (the Association) and the Management Accounting Section of the American Accounting Association (AAA), have named Mike Shields, Professor and Schaberg Endowed Chair in Accounting Emeritus, Michigan State University, as recipient of the 2018 AAA Lifetime Contribution Award.
The award recognizes professionals who have made a significant contribution to management accounting education, research and practice. It is sponsored by the Association, the new global organization formed by members of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA). The award is given on behalf of the Association’s Chartered Global Management Accountant (CGMA) designation, which was launched in 2012 by the AICPA and CIMA to recognize and develop a unique group of management accountants who have reached the highest benchmark of quality and competency.
Shields was honored for his extensive research and teachings on the causes and effects of budgets, controls, performance measures, performance evaluation, and incentives, along with his other contributions to the profession. He was presented with the award at the 2018 AAA Management Accounting Section mid-year conference in Scottsdale, Ariz.
Naomi Soderstrom, chair of the selection committee for the award and Professor and Deputy Head of Department at the University of Melbourne, Australia, and a past president of the Management Accounting Section of the American Accounting Association, commented:
“Professor Shields’ lifelong research and teachings have provided management accountants in both practice and academia with valuable insights on important business issues. This award also acknowledges Mike’s substantial contributions to our profession worldwide.”
Shields has received numerous awards for his research and teachings, including the prestigious Anthony G. Hopwood Award for Academic Leadership, presented to him in 2016 by the European Accounting Association. Shields has also served in various leadership positions including on the research board of CIMA.
He has published four books and more than 60 articles in publications including Journal of Accounting Research, The Accounting Review, Accounting, Organizations and Society, Contemporary Accounting Research, Accounting Horizons, and Journal of Management Accounting Research. Shields is also an editor of Accounting, Organizations and Society and was the editor of the Journal of Management Accounting Research and president of the Management Accounting Section of the American Accounting Association.
Shields is also credited for founding two conference series: the annual Global Management Accounting Research Symposium (GMARS) and the biannual New Directions in Management Accounting: Innovations in Practice and Research conference.
He received a Ph.D. from the University of Pittsburgh in 1978 and an honorary doctoral degree from the Turku School of Economics (Finland) in 2000.