
The rising sun represents the professionals who continuously rise higher. The emblem is used to promote the promise of careers for financial information professionals. īeta Alpha Psi's logo consists of three different aspects: the emblem, the rising sun, and the crossed keys. Less than nine years later, the organization boasted 900 members, and on November 8, 1950, Jeannie Skelton, the first female member of Beta Alpha Psi, was inducted into the Miami University (Ohio) chapter. In February 1921, Beta Alpha Psi officially became a national organization after it adopted a national constitution. In 1964, he, along with eight other leading accounting professors, was selected to serve on the "Committee to Prepare a Statement of Basic Accounting Theory", which provided major contributions to American accounting thought. Morrison was actively involved in the American Accounting Association. By 1939, only one of the original eleven members, the first president Russell Morrison, was a practicing CPA. Section I, Article IV, of the original constitution stated that any male person who was registered in third-year accounting, who contemplated a continuance in accounting work, and who had a junior class standing as shown by his college records was eligible for membership in the organization. Any member who was absent from a function without first being excused was charged 25 cents.

In the original constitution for the University of Illinois chapter, the initiation fee was $10 and dues were an additional $2 per semester. Professor Scovill was initiated as an honorary member. On this multifaceted base, eleven students were initiated as active members of the organization on February 12, 1919. One of its main purposes was to encourage and foster service as the basis of the accounting profession and to secure the highest ethical ideals in the practice of accountancy. The organization was founded on the three basic principles of scholarship, practicality, and sociability, and its initial objective was to stimulate cooperation and interest in accounting. The first members were six students from Professor Scovill's CPA course. Littleton formed an accounting club on campus in 1917.
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Several new honor societies and professional fraternities that had formed a few years before Scovill's return introduced students to the benefits of professional organizations.

states had adopted CPA regulations.īeta Alpha Psi's beginnings relate to Hiram Scovill, class of 1908, an accounting professor, during his return to the University of Illinois in 1908. Two years after its founding, all of the existing U.S. This designation in business encouraged a greater focus on accounting and commerce knowledge, and Beta Alpha Psi was formed in 1919 to promote the CPA rank on college campuses. On April 17, 1896, the New York legislature established the Certified Public Accountant (CPA) designation. Each chapter receives financial funding for these activities through sponsorship of various public and private firms. Beta Alpha Psi's objectives are accomplished through the activities of each chapter respectively. The organization also promotes the development of technical and professional skills that are used to complement the university education, philanthropic activities, and interaction between students, faculty and professionals. It "strives to encourage a sense of ethical, social, and public responsibility". Objectives īeta Alpha Psi encourages and recognizes scholastic and professional excellence in the business information field, promotes the study and practice of accounting, finance and information systems, and provides opportunities for self-development, service and association among members and practicing professionals.

The organization has over 300 chapters on college and university campuses with over 300,000 members worldwide. It was founded on February 12, 1919, at the University of Illinois at Urbana-Champaign and is currently headquartered in Durham, North Carolina, in the United States.

University of Illinois at Urbana-Champaignīeta Alpha Psi ( ΒΑΨ) is an international honor society for accounting, finance and information systems students attending universities accredited by the Association to Advance Collegiate Schools of Business or the European Quality Improvement System.
