Repository: UIHistories Project: Board of Trustees Minutes - 1916 [PAGE 45]

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1914]

PROCEEDINGS OE THE BOARD OF TRUSTEES.

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to the School of Pharmacy, and Mr. Abbott's recommendation that the lot be offered for sale. (See page 758, Report, 1914.)

No action was taken concerning this matter.

U N I V E R S I T Y C O M M I T T E E ON A C C O U N T A N C Y .

(15) A letter from the University Committee on Accountancy: President Edmund J. James, University of Illinois. DEAR MR. PRESIDENT: At a meeting of the University Committee on Accountancy held May 23, 1914, the following resolutions were adopted for the consideration of the President and the Board of Trustees : I. The Committee on Accountancy recommends that the following paragraph be added to the University regulations on examinations in accountancy, with the understanding that it shall be numbered "Paragraph 2" and that the other paragraphs shall be renumbered accordingly: "Paragraph 2.—For admission to the accountancy examinations, the University will accept as evidence of the completion of a four-years' high school course or its equivalent: (a) A certificate of graduation from a four-year high school in Illinois or in any state with similar standards of high school education. (b) Credentials from principals or superintendents of four-year public high schools or accreditable private secondary schools showing the completion of fifteen units of high school.work. (c) A certificate of admission to any college requiring a four-year high school course and listed by the United States Commissioner of Elducation in his annual report as a college. (d) A certificate of graduation from any state normal school in the United States. (e) A certificate showing that the applicant has passed examinations on the subject matter of a four-year high school course under the supervision and direction of educational bodies or individuals whose certificate would be accepted for admission to the University of Illinois. (f) The passing of examinations set for admission to the accountancy examination by the University itself. II. The Committee on Accountancy recommends that Paragraph I of the University Regulations be amended so that the last two lines shall read: "Consisting of the Registrar and two other members of the University staff, to be appointed by the President" III. The committee recommends that the regulations on the subject of the examinations be amended by the insertion of a new paragraph, to be designated as Paragraph 3, to read as follows: "That the Registrar of the University be authorized to admit applicants for the C. P. A. examinations without fee to the entrance examinations ^conducted by the Registrar at* the College of Medicine of. the University in the fall of each year; and be authorized further to conduct within the three weeks preceding each C. P. A. examination a set of examinations in high school subjects to which applicants for the C. P. A. examination may be admitted without fee." Very sincerely yours, Secretary, C. P. A. Committee. It seems to me that the above recommendations are good, except the last. I do not see why the University should be holding examinations free of charge for people who are not students, and have no intention of becoming students of the University. The conduct of examinations is an expensive matter. I would suggest that the recommendation of the University committee be approved, except that the last one be amended to read: "That the Registrar of the University be authorized to admit applicants for the C. P. A. examinations to the entrance examinations conducted by the Registrar at the College of Medicine of the University in the fall of each year, upon the payment of a fee of $5 ; and be authorized further to conduct within three weeks preceding each examination, a set of examinations in high school subjects to which applicants for the C. P. A. examination may be admitted upon the payment of a fee of $5."

MAURICE H: ROBINSON, URBANA, I I I . , May SO, 19Uh

On the recommendation of President Ja,mes and on motion of Dr. Montgomery, the recommendations of the committee were approved, with the provision that a fee of five dollars .($5) should be charged each candidate for examinations under Paragraph III.

C O N S O L I D A T I O N OF F U N D S .

(16) Letters from Prof. George E. Frazer, Comptroller, concerning the consolidation of the funds as treated in the reports of the Comtproller: May 12, nih. President Edmund J. James, University of Illinois. DEAR S I R : In connection with my letter of April 24, 1914, concerning- the amendment of present board regulations as to University funds, I desire to recommend that, if the Board of Trustees approves the proposed plan of discontinuing the Medicine and Pharmacy Funds, the Comptroller be authorized to transfer to the General Fund balances existing in the Medicine and Pharmacy Funds, providing that a sufficient balance be left in the Medicine Fund and in the Pharmacy Fund to cover all outstanding warrants against the funds. I recommend further that all cash held on account of Trust Funds be transferred from the General Fund into a Trusts Fund on July 1, 1914. Very truly yours,

GEORGE E. FRAZER., Comptroller.