Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 521]

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BOARD OF TRUSTEES

[July 16

9. T h e members of this Board of Examiners, having the qualifications as specified in Section 2 of the Act, shall be nominated by the President of the University and approved by the Board of Trustees and vacancies shall be filled in like manner. 10. T h e term of office of examiners under Section 2 of the Act shall be three years. 11. Each member of the Board of Examiners appointed under Section 2 of the Act, who conducts examinations, shall send to the University Committee a statement of the time so spent, with a statement of his necessary traveling expenses. Each member of the Board shall be entitled to compensation at the rate of $25.00 a day for such services. Applications and F e e s 12. Applicants for the C.P.A. certificate under the Act shall file their applications with the Committee on Accountancy at Urbana, Illinois, together with the necessary proofs to establish their eligibility. The proper fee must accompany the application. A fee of $50.00 is prescribed for each examination or reexamination except as indicated under Rule 25. 13. Forty dollars of the prescribed fee may be returned to applicants who have been admitted to the examination under Section 2 of the Act, and who notify the University Committee before the examination that they will not be present thereat, and are not present. 14. T h e fee shall not be returned to an applicant who has been admitted to and presents himself at the examination under Section 2 of the Act, and withdraws after the opening of the examination. 15. Forty dollars of the prescribed fee may be returned to applicants whose credentials have been presented and examined but who are found not qualified under the Act to take the examination. Preliminary Education Requirement 16. Section 3 of the Act specifics the preliminary education required of candidates seeking the certificate under Section 2. The Committee will accept as evidence of such education: The High School Requirement a. A certificate of graduation from a four-year accredited high school in Illinois, or a certificate of graduation from a four-year high school in another state whose graduates are admitted to the University of Illinois by certificate. b . Credentials from principals or superintendents of four-year accredited high schools or accredited secondary schools showing the completion of fifteen units of high school work. c. A certificate of admission without condition to any college that is accredited by the University or by one of the regional accrediting agencies. 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 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. The Study of Accounting and Related Subjects a. Official credentials indicating the successful completion of the required number of semester hours of residence or correspondence study in the specified subjects in institutions acceptable to the University. Credentials of schools which specialize in business training are acceptable provided satisfactory proof is presented that at least fifty per cent of their courses in accounting are taught by certified public accountants. b . Passing examinations in college subjects offered by the University. 17. T h e Dean of Admissions and Records of the University is authorized to conduct four sets of examinations in high-school and college subjects per year in