chapter  Chapter 4
8 Pages

History of the Profession of Public Accountants from 1891 to 1897, together with some personal reminiscences

WithReckitt Ernest

This chapter covers the rapid growth of our profession during the period 1891 up to 1897 when the Illinois Association of Public Accountants was organized and the causes of that growth. It naturally followed that when British capital secured the control of certain businesses in the United States, British professional accountants were sent to this country to audit such concerns, for the purpose of reporting their findings on their return to Great Britain. The author hopes that the accountants may be forgiven if they now takes the opportunity of referring to one or two of his personal reminiscences during the years 1891 to 1898. The accountants believe that these episodes may serve to illustrate some of the conditions and difficulties in those early days of our profession.