ABSTRACT

It is the nature of man to associate himself with those who have common interests in life. Social, business, professional, political and religious organizations have been formed for the most part because of common interests of their members. This chapter considers some of the most representative accounting societies of the various nations. As the development of accountancy is accredited to the European nations it is but fitting that we should at the outset consider the various societies which originated in those countries. Some of the nations described in the chapter include: Italy, Austria, Belgium, Scotland, England, Finland, France, and Sweden. The purposes of the American Society of certified public accountants are (i) to protect and foster the certificate of Certified Public Accountant as granted by the States; and (ii) to assist Governmental authorities in regulating the public practice of accounting to the end that it may become a legalized profession.