The article presents a report of the Committee on Educational Standards. The purpose of accounting education is to prepare students for careers in accounting and in related fields and to prepare them to deal effectively with problems they will face as practicing members of their profession and as responsible citizens of the social and economic community in which they live. In recent years, the pattern of collegiate education for business in the U.S. has received considerable attention. The resulting re-examination of objectives, evaluations of course content, and revisions of curricula have had a major impact on accounting education as an element in the business school program. As the accounting function in modern society grows, the role of the accountant inevitably becomes larger and more important. The demand for well-educated accountants is currently high and promises to remain strong in the foreseeable future. The purpose of this study is to formulate some guidelines pointing to the educational standards that should prevail in any institution of higher education that offers degree programs involving a major in accounting, to the end that one or more degrees in accounting will indicate a standard of educational background and qualification for a professional field.

The article focuses on a cooperative education program in public accounting in the U.S. Public accounting majors in the School of Business Administration of the Rochester Institute of Technology are getting practical experience as well as academic training for the career of their choice. The institute has pioneered in many fields and its cooperative or work-study program began in 1912, just six years after the cooperative plan of education was originated at the University of Cincinnati. In order to improve the program both from the standpoint of employers and students, a new arrangement went into effect in the fall of 1962. Under it, students attend classes for three consecutive quarters during their freshman and sophomore years. In their junior year, students will work two quarters and be in school two quarters, while as seniors; students will work two quarters and be in school three quarters. The public accounting program at the Rochester Institute of Technology has been registered by the State Education Department of the State of New York as an approved program, and therefore, students graduating as public accounting majors have completed the educational requirements for taking the Certified Public Accountants examination in the State of New York.

Reviews the book "The Study of Society: A Unified Approach," by Alfred Kuhn.