Business Valuation Hall of Fame winners announced.

The AICPA Business Valuation Hall of Fame Award recognizes individuals whose achievements and contributions have significantly advanced the business valuation discipline and enhanced the valuation profession for CPAs. Co-winners of this award for 2002 are James Alerding and Neil Beaton.

Alerding is a partner and chairman of the Valuation and Forensic Services Group at Clifton Gunderson LLP in Indianapolis. He received the Accredited in Business Valuation designation from the AICPA, and has been actively involved with the valuation of businesses since 1980. Alerding also lectures frequently on the subject of valuations of closely held businesses. Alerding has been a member of the AICPA's Business Valuations Standards Task Force since 2000 and has served as a Charter Panelist on the Technical Advisory Panel for the "ABV E-Valuation Alert" since 1999.

Beaton is a principal at Brueggeman and Johnson, P.C. in Seattle, a firm specializing in business valuations and litigation support. He is also a director of a business accelerator known as Smart Starters, Inc., and holds the ABV designation. He speaks nationally at various industry conferences and has authored numerous articles on business valuation. Beaton is a past member of the AICPA's Business Valuation Subcommittee, a current member of the Valuation of Private Equities Task Force, and chair of the AICPA FASB 141/142 Task Force.