George O. May Photo

George O. May

Born: May 22, 1875

Death: May 25, 1961

Nationality: United States

George O. May

Date of Birth : May 22, 1875
Date of Death : May 25, 1961

George Oliver May was an influential American accountant. He led a joint study by the American Institute of Certified Public Accountants and the New York Stock Exchange that was impetus for the stock exchange requiring its listed firms to undergo independent annual audits. The study also is credited for causing the new Securities and Exchange Commission to allow the accounting profession to define accounting principles, rather than taking on that responsibility itself. He rose to senior partnership in Price Waterhouse & Co. and wrote more than 100 articles in professional journals. In 1944, he received the AICPA's Gold Medal Award. In 1950, he was named with two others to the Accounting Hall of Fame, in its first year. Lynn Turner, chief accountant of the SEC credits George O. May with contributing to the development of stronger authorities on accounting, noting in 1952 that May commented "'accounting income was on its way to becoming a political, not an economic concept'".

Also known as

  • George May
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