16th annual convention held in Winston-Salem
Convention held at the Robert E. Lee Hotel in Winston-Salem. Registration fee of $2.00 includes dinner, and rooms with a bath at hotel costs $2.50.
Due to economic friction, citizens return to school for bookkeeping skills
Stories told of people, unable to find employment, returning to school to take bookkeeping, typing, and other business-related skills. One anecdote describes a story about a CPA challenging an adding machine for accuracy.
NCACPA becomes first state to adopt the AICPA Code of Ethics
Read the current code of ethics.
North Carolina passes legislation for class of certified practitioners
North Carolina is third state in the Union (following Maryland and Louisiana) to pass regulatory legislation looking towards one class of certified practitioners—the CPA. The association’s 5th president, D.H. McCollough, was instrumental in passing the “CPA law.”
Each state has passed legislation recognizing the CPA designation
All of the 50 states had recognized publicly the importance of the CPA profession. By 1923, each state had enacted legislation authorizing examinations that led to the official designation of qualified practitioners as certified public accountants.
Name of society changes at the annual meeting
At the annual meeting in 1923, the name of the organization was changed to the North Carolina Association of Certified Public Accountants.
North Carolina Society of Public Accountants holds its first meeting
First meeting of the state society’s incorporators was held at the Selwyn Hotel in Charlotte, where 9 fellows and 11 associates were admitted into membership. Society issues first certificate to G.H. Adams of Charlotte.
State accounting society created in North Carolina
NCACPA’s official name was the “North Carolina Society of Public Accountants.” Read more
Preparation begins for a national CPA exam
Board of Examiners began preparing a “uniform” CPA examination.
