CPAs hand out biz journalism awards

The New York State Society of Certified Public Accountants announced winners for its Excellence in Financial Journalism Awards that recognize reporters who contribute to a better understanding of business topics.

Judges, representing the CPAs and the New York Financial Writers Association, selected winners. Journalists will receive their awards at a luncheon at the Yale Club in New York City on May 4.

The winners include:

Print-Accounting: magazine over 1,500 words:

Randy Myers, CFO Magazine, “Taxed to the Max,” how U.S. corporate tax policy is hampering the global competitiveness of U.S. companies.

Print-Business/Financial – magazine under 1,500 words:

Aaron Elstein, Crain’s New York Business, “Companies Play Spin the Balance Sheet,” reveals ways public companies are “spinning” their disappointing financial results.

Electronic Media – Business/Financial:

Jonathan Weil, Bloomberg News, “Numbers Tell the Story,” how banks used accounting tricks to mask their crippled state and how government agencies abetted financial industry abuses.

Wire Service – Business/Financial:

AP Business News Staff, The Associated Press, “Meltdown Legacy,” a five-week series of articles explaining the lasting impact of the financial crisis and great recession on businesses, governments and consumers.

Read about all of the winners here.