Repository: UIHistories Project: Board of Trustees Minutes - 1982 [PAGE 182]

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1981]

UNIVERSITY OF ILLINOIS

171

Award of Certified Public Accountant Certificates

(1) The Committee on Accountancy recommends that the certificate of certified public accountant be awarded to 1,049 candidates who passed the standard written examination given in November 1980 in Illinois and who have fulfilled all other legal requirements under Sections 1, 2, and 3 of the Illinois Accountancy Act of 1943, as amended. The Committee on Accountancy, pursuant to Rule 16(d) of the regulations, also recommends that the certificate of certified public accountant be awarded to fourteen candidates who wish to transfer the examination credit earned by passing the standard written examination in another state and who have fulfilled all other legal requirements under Sections 1, 2, and 3 of the Illinois Accountancy Act of 1943, as amended. The Committee on Accountancy also recommends that the certificate of certified public accountant be awarded, under Section 5 of the Illinois Accountancy Act of 1943, as amended, to seven candidates who have presented evidence that they are holders of valid and unrevoked certified public accountant certificates obtained by passing a standard written examination in another state or territory of the United States and who qualify in all other respects under this provision of the law. I concur in these recommendations. The names of the candidates are filed with the secretary.

On motion of Mr. Hahn, these certificates were awarded. Amendment, University Rules and Regulations Governing the C.P.A. Examination

(2) The Committee on Accountancy has recommended that Rules 8 and 18 be amended 1 as follows, to be effective immediately. I Rule 8. The High School Requirement [(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 whose certificate would be accepted for admission to the University of Illinois.] [(f) The passing of the examinations set for admission to the accountancy examination by the University.] The proposed change eliminates items (e) and (f) which throughout the yean have proved to be unnecessary in determining the qualifications of applicants for the C.P.A. examination. The University does not offer or require the passing of a preliminary examination as a condition to being admitted to the accountancy examination. II Rule 18. C.P.A. Certificate — Awarding Each candidate who satisfies all the requirements and is duly certified as above required, shall receive a certificate designating him as a Certified Public Accountant (C.P.A). This certificate shall be issued in the name of the University, and shall be signed by the President of the University, the Secretary of the Board of Trusteesf,] and, when issued on the basis of examination, by members of the Board of Examiners [when required].

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New material is in italics; deleted material is in brackets.