Academy Awards
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1995 | Academy of Motion Picture Arts and Sciences | Best Song | John Williams | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Song | Marilyn Bergman | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Song | Alan Bergman | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Original Musical or Comedy Score | John Williams | Nominated |
Chicago Film Critics Association
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1995 | Chicago Film Critics Association | Most Promising Actor | Greg Kinnear | Won |
Golden Globes
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1995 | Hollywood Foreign Press Association | Best Original Song | Marilyn Bergman | Nominated |
| 1995 | Hollywood Foreign Press Association | Best Original Song | John Williams | Nominated |
| 1995 | Hollywood Foreign Press Association | Best Original Song | Alan Bergman | Nominated |
| 1995 | Hollywood Foreign Press Association | Best Performance by an Actor in a Motion Picture - Musical or Comedy | Harrison Ford | Nominated |
| 1995 | Hollywood Foreign Press Association | Best Picture - Musical or Comedy | Nominated |

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