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cI$eport to tt\e (^American institute qf CPAs An address by Robert M. Trueblood at the Annual Meeting Boston, Mass. My year as president has given me some insight into almost every aspect of the profession's concerns. I've had the stimulating experience of talking with leaders of many other organizations which have a direct interest in the services performed by CPAs. I have reference to groups such as the American Bankers Association, the Securities and Exchange Commission, the Financial Analysts Federation, the American Accounting Association, and the Financial Executives Institute. And I've benefited from conferences with the top managements of many of our leading corporations. But, above all, I have enjoyed the opportunity to work closely with a number of our committees and their dedicated chairmen, and with the Institute's staff. Perhaps no one who has nor been president of this organization can conceive of the scope and complexity of the Institute's operations—nor visualize the enormous volume of its production in terms of printed materials, personal communications, meetings, and courses. It has become one of the largest organizations of its kind in the world—and it is still growing. Our Institute has a distinguished record of achievement, of which we can be proud. Yet I must say that I believe the accounting profession and thus the Institute are only on the threshold of greater opportunities. Candor, however, requires me to make another observation: It is by no means certain that we can cross the threshold of our opportunity unless we can resolve, in a timely manner, a growing array of problems. Consequently, it seems to me that the most useful thing I can do this morning is to outline briefly some of the challenges which confront us. In preparing for this talk, I have conferred in depth with Jack Carey and John Lawler—our executive director and our managing director—and what I shall say represents a consensus of our views. I might appropriately begin by speaking of the organization of the Institute itself. As pointed out in the report of the Structure Committee (which you have all received), the Institute at some point passed over the line which separates a small organization from a large one. And size, in this connotation, refers more to significance and impact than to numbers. Jack Carey has suggested that this dividing line between the small and the large operation was crossed sometime during the past decade 2 THE QUARTERLY
Reporting to the American Institute of CPAs, an address by Robert M. Trueblood at the annual meeting, Boston, Mass.
Trueblood, Robert M.
Accounting as a profession
Carey, John L, 1904-
Quarterly, Vol. 12, no. 4 (1966, December), p. 02-06
|Source||Originally published by: Touche, Ross, Bailey & Smart|
|Rights||Copyright and permission to republish held by: Deloitte|
|Format||PDF image with OCR under text, scanned at 400dpi|
|Collection||Deloitte Digital Collection|
|Digital Publisher||University of Mississippi. Digital Accounting Collection|