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The Accounting Review Vol. 32 No. 1 1957

PROFESSIONAL ACCOUNTING EXAMINATIONS IN GREAT BRITAIN.

Ernest H. Weinwurm

Associate Professor, De Paul University. 1

Abstract

Publication of the long-awaited report on standards of education and experience for CPAs is bound to lead to a review of the present system of professional accounting examinations in the United States. Since the accounting profession in this country is a direct descendent of the earlier development in Great Britain, a brief description of the system of examination in that country should make a useful contribution at this time. There are seven organizations of professional accountants in Great Britain which conduct their own professional examinations as a pre-requisite for admission to membership. The peculiar feature of the Institutes is their rigid reliance on the apprenticeship system. A candidate for membership must serve for five years as an articled clerk with a member who is called the principal. In the past it was customary for principals to charge a premium for the apprenticeship. The Association of Certified and Corporate Accountants was formed through the merger of a number of smaller accounting groups.

DOI
10.2308/tar-7133546
Volume
32
Issue
1
Pages
60-67
Language
en
Sources
openalex crossref

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