Accountants Form a New Professional Association

Article abstract: By offering a national qualifying examination and an ethics code, the IAUSA (later AIA) assured businesspeople that the accounting profession has competence and integrity.

Summary of Event

The American Association of Public Accountants (AAPA) was established in 1887 in New York as the first organized body of professional accountants in the United States. In 1896, the AAPA prompted passage of the first state law pertaining to certified public accountants. Soon several states followed suit. By 1915, thirty-nine states had granted legal...

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