University of Southern California

Marshall Professor Receives Top Educator Award
Kenneth Merchant Honored by the Institute of Management Accountants
September 18, 2013 • by News at Marshall

Kenneth A. Merchant, Deloitte & Touche LLP Chair in Accountancy and professor of accounting at the USC Marshall School of Business, received the R.Lee Brummet Distinguished Award for Educators from the Institute of Management Accountants (IMA) this August. The award, named for former IMA President R. Lee Brummet, recognizes distinguished academics in the areas of management accounting and financial management.

“The Institute of Management Accounting is the largest practitioner organization of management accountants in the United States and this is their main academic award,” said Merchant. “Receiving an award like this makes you feel proud. It’s recognition of work done over many decades.”

Award recipients must exhibit a distinguished teaching career, impressive record of scholarship and documented promotion of management accounting as a profession. Additionally, they must display diligent service to IMA on both committees and task forces.

Merchant, former dean of USC's Leventhal School of Accounting, is an expert in management accounting, management control systems and corporate governance. He is the author of 11 books and monographs, and has published in many notable academic journals, including Accounting, Organizations and Society, The Accounting Review, Management Science, and Industrial Relations. He has received numerous awards, including four Notable Contributions to Research awards from the American Accounting Association, two of which were for lifetime contributions to the field.

An active member of IMA for 25 years, Merchant has served on several committees and is currently a member of the IMA Educational Case Journal’s Editorial Advisory and Review Board.

Merchant says he was inspired to join and be an active member of the IMA because of his commitment to help bridge the gap between accounting practice and academia.

“A lot of professors focus on research and don’t really know much or care much about practicing accountants. I do care, so I’ve been active with the IMA to maintain contact with people who are out in the working world,” said Merchant. “I try to understand what their problems are and learn about practical innovations they’ve developed that I can both bring back into the classroom and include in my textbooks. I think practitioners can also learn from academics, so I have tried to be helpful in that way also.”

The IMA is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. The association has a global network of more than 65,000 members in 120 countries and 200 local chapter communities and supports the profession through research, the CMA (Certified Management Accountant) program, continuing education, networking and advocacy of the highest ethical business practices.

About the USC Marshall School of Business
Consistently ranked among the nation's premier schools, USC Marshall is internationally recognized for its emphasis on entrepreneurship and innovation, social responsibility and path-breaking research. Located in the heart of Los Angeles, one of the world's leading business centers and the U.S. gateway to the Pacific Rim, Marshall offers its 5,700-plus undergraduate and graduate students a unique world view and impressive global experiential opportunities. With an alumni community spanning 123 countries, USC Marshall students join a worldwide community of thought leaders who are redefining the way business works.