Repository: UIHistories Project: Board of Trustees Minutes - 1904 [PAGE 120]

EXTRACTED TEXT FROM PAGE:

96

UNIVERSITY OF ILLINOIS.

[ J u n e 8r

Applications. 1. Applicants for the degree of C. P. A. on the basis of previous practice, under Section 3 of the law, shall file their applications with the University committee on accountancy, together with a sworn statement setting forth their age, legal residence, the length of time during which they have practiced, the place where such practice was had, and the time, place, and scope of examinations, if any, passed in accountancy. 2. Applicants for examinations shall file their applications, and all papers necessary to show their qualifications for admission to the examinations, with the University committee on accountancy as provided herein. Applicants must submit certificates of graduation from a four year high school, or evidence of having had an equivalent education, together with certificates of age and good character. They shall also submit the names of three suitable references, at least two of whom must be residents of the State of Illinois. 3. Applicants for examinations and applicants for the degree under the provisions of Section 3 of the law, shall send with their applications a fee of $25, payable to the University, in accordance with Section 4 of the Act. Examinations. 1. Examinations shall be held by the Board of Examiners at the times and places determined by the University committee in charge. 2. The time and place for holding these examinations shall be advertised according to the law for not less than three consecutive days in one daily newspaper published in each of the places where the examinations are to be held, not less than thirty days prior to the date of each examination. 3. The examinations shall take place a3 often as may be deemed necessary in the judgment of the University committee, but not less frequently than once each year. The annual examination shall be held on the first Monday in May. 4. The examinations shall be in the theory of accounting, the practice of accounting, auditing, and commercial law as effecting accountancy. 5. Each applicant for examination must present to the Board of Examiners before the examination begins a certificate of admission to the examination, issued by the University committee. These certificates shall be returned by the Board of Examiners to the chairman of the University committee. 6. The period allotted to the examination in each subject shall be determined beforehand by the University committee, on the advice of the Board of Examiners, and shall be printed on the examination papers. 7. Examinations shall be written in books supplied by the University to the Board of Examiners as provided by the Board of Trustees in December, 1901. 8. The examination books shall be marked in plain figures, on the scale of 100, by the Board of Examiners, and, together with the certified statement of the Board of Examiners of the grades of each candidate in each subject in which he is examined shall be forwarded to the chairman of the University committee. This certified statement must be signed by at least two of the Board of Examiners. 9. The list of successful applicants, as certified by the Board of Examiners, shall be certified to the President of the University by the University committee in charge, unless, in the opinion of that committee, there exists some question concerning the eligibility or the honesty of the examination on the part of the candidate. In that case, the matter shall be referred back to the Board of Examiners, if it is a question of honesty in examination. If they certify to the honesty of the examination, the name of the candidate shall be certified by the committee to the President. 10. In order to entitle any applicant to a recommendation for the degree, he must secure a grade of at least 75 per cent, in each subject on which he is examined. Records. 1. Candidates who meet all the requirements for eligibility and are duly certified as above required, shall receive a diploma conferring upon them the degree of certified public accountant (C. P. A.). This diploma shall be issued in the name of the University and shall be signed by the President of the University and the Secretary of the Board of Trustees. 2. The Registrar shall open a set of books in which he shall keep the records of all successful candidates for the degree, which shall set forth the time and place of the examination at which each candidate met the requirements for the degree, the grades obtained on the examinations, the number of the diploma issued, and the date of its issue.