Abstract The article says that the recommendations of the Commission on Standards of Education and Experience of the American Institute of Certified Public Accountants are a plea for professional education that is both broad and realistic. Although the Commission believes that the university can accomplish a large portion of the desired professional training, it does suggest that the curriculum be enriched with, an internship program, the use of case materials developed from the files of public accounting firms and arrangements permitting accounting faculties to maintain close contact with those active in the practice of the profession. Comptrollers and Personnel directors in private industry also are seeking similar goals. They desire that the young men destined for accounting positions with major administrative responsibilities come to industry at an early age, well fortified with an education that is broad, intensive and realistic. For various psychological reasons not all questions will be brought before the panel. This difficulty may be overcome by asking the students to submit unsigned written questions and comments to the instructor during the first accounting class after the panel discussion.

Abstract The task assigned the 1962 Courses and Curricula Committee of the American Accounting Association was "to develop criteria for selecting the content and quality of collegiate accounting educational materials to provide adequate instruction in the body of knowledge that is accounting." The 1961 Committee, which was kept intact for a second year, decided that this task was possible after it discarded other more limited objectives because they involved too many restrictive assumptions to produce useful conclusions. To reduce its task to manageable proportions, the Committee decided to exclude so-called "service" courses, in which accounting is taught primarily to students who are preparing for careers other than accounting careers. For example, the first course in accounting is not considered, since it is offered primarily for those students who do not plan to go on in accounting. As a result, these recommendations apply only to schools which have as one of their objectives educating college students who intend to enter the business world as accountants in industrial, governmental, or public accounting organizations.