Thursday, May 3, 1951 Outlook for Accountants Outlook Summary: Good employment prospects for Certified Public Accountants (CPA) and others with considerable experi ence, at least in next few years; keen competition among the inexperien ced. Continued upward trend in em ployment in long run. Fields of Employment: There are many types of account ing work, ranging from partnerships in accounting, firms and controller ships in corporations to jobs at the clerical level. Accountants may en gage in either public or private prac tice. Public accounting firms are us ually headed by C. P. A.'s although they often employ other accountants; they render service to a number of clients on a fee basis. Private ac countants work on a salary basis either for a single business establish ment, keeping accounts of that busin ess, or for Government agencies in such jobs as auditor, bank examiner, or tax examiner. In early 1948 there were about 30,000 C.P.A.'s, but alto gether probably eight or nine times that number of persons were engag ed in accounting work. Less than 10 percent were women, and many of those were in teaching positions; about 400 women were C.P.A.'s. How To Enter: Employment requirements vary with the type of work. A bachelor's degree with a major in accounting or a related field, or a diploma from a school of accounting is usually re quired for the better jobs, though ex perience may be substituted for part of the formal education. To qualify as a certified public accountant and receive the certificate from a State board, one must meet certain educa tional and experience requirements and pass a rigid examination. Eigh teen States have regulatory accoun tancy laws under which only regis tered accountants or certified public accountants can practice public ac counting. Only one of these now al lows registration of noncertified pub lic accountants, although the other 17 formerly did so. The accountant usually begins in a minor job—compiling data, preparing invoices, or as a junior assistant on the staff of a C.P.A. Advancement may be rapid for able accountants with sufficient educational prepara tion, but inadequate training often results in routine jobs with little op portunity for promotion except in cases of unusual ability. Experience in accounting is an excellent back ground for many types of jobs such as credit manager, controller, pur chasing agent, budget officer, and many executive positions. Outlook: There is a shortage of qualified accountants (early 1948), which is more pronounced in some localities than in others. Employment oppor tunities have increased in recent years because such factors as com plex tax systems and a growing em phasis on scientific management in industry. The war greatly increased the demand for accounting services, especially in the Government. While Government personnel requirements have fallen off, the upward trend in private industry still continues. Many employers, newly introduced to the value of accounting services during the war, now see the advantage of maintaining production control sys tems, regular auditing services, and a variety of other accounting practices. Teachers are now badly needed to in struct the greatly increased member Blue Jeans Capers at Women's Organization Dance "Line up for the Grand March," shouts Clyde Bell as Anna Mae Everitt, "I crown thee, Bill Deppe and Ruth Bones, King and Queen of Fools." Frank Nowak, Eleanor Carr, Joseph Hastings, Anna Erlemann, and Ed Paul Williams dooes the honor at the Blue Jeans Ball on April 30. McGee prepare to begin square dancing. of students in schools of business ad ministration and accounting. Public accounting firms in some areas are now obliged to turn away business because of a shortage of ex perienced accountants. This in turn has created surpluses of inexperien ced workers, who cannot be employ ed without senior accountants to sup ervise them. The shortage of experi enced accountants will soon be re lieved, since many of the veterans now being trained are mature enough to be given responsibilities after a relatively short period of experience. Even so, the surplus of inexperienced workers is likely to become greater because of the large number now in training. There are some employment oppor tunities for accountants in every community and in nearly all indus tries, but the greatest number of jobs as well as the keenest competition, will continue to be in industrial cen ters such as New York and Chicago. However, the decentralization of in dustry has increased the demand for accountants in the smaller industrial communities. Throughout the coun try, the trend toward increased use of accounting services can be expec ted to persist over the long run, pro vided that general business activity remains at a high level. HASTINGS Hitting It "In the spring a young man's fancy lightly turns to thoughts of base ball. At almost any time of day, one can see the boys engaging in the favorite pastime. On the lawn near the pool, out on the circle, and on the road, the boys are patching and catching. And from the athletic field come the familiar cries of 'play ball,' "pitcher's blowing up," and "kill the umpire." If one should drive up to the school in the evening, he would see the dorm boys playing right up until dark and even after —if the score is tied. Since it is not possible with the facilities on hand to play "hardball," the boys are satisfying themselves with softball. An intramural softball (Continued on page 4) HAZLETON COLLEGIAN ell calls "Circle left," and a group of H.U.C. students begin "Duck the oyster, then the clam." Ex-Center Student (Continued from page 1) All senior counselors at the camp will be college men training for pro fessional careers and with years of camping experience. The camp is located in an area rich with Indian lore and the sites of old Indian vil lages and battles. Nearby is the beautiful Wapwal lopen Creek with its famed "Little Niagara" Falls at the Powder Hole in Powder Glen, where the Dupont Powder Mill ruins shattered by an accidental blast, can still be seen. Members of the camp committee are Chauncey E. Davis, executive secretary of the Hazleton Chamber of Commerce; Thomas L. Hinkle, su perintendent of Hazleton schools; Matthew L. Leib, executive vice pres ident of the Hazleton Federal Sav ings and Loan Association; Anthony B. DeCosmo, of the board of direc tors of the Hazleton Red Cross chap ter; Dr. 0. R. Hoch, of Freeland; Mrs. Arthur Kostenbauder, first vice president of the Hazleton Women's Club and chairman of the Youth Canteen advisory committee. The May Queen and Maid of Honor Procession Charlotte Bodin, Ruth Bones, Rita Bradish, Mary Lou Gagliardi, Josephine Mag agna, Pearl Paternoster, Betty Perna, Shirley Petchel, Candida Ramaviglia, Mildred Romanell, Loretta Romanofsky, Dorothy Romanofsky, and Dolores Swenson. Crown Bearer Josephine Donish Heart Bearer Beverly Morgan Key Bearer Marian Lipinsky Scroll Bearer Dorothy Claypotch Fres'hmen Attendants Irene Rondish, Jacqueline Rothacker Sophomore Attendants Betty Harlor, Helen Honsberger Maid of Honor Helene Smith Flower Girls Mary Belle Krecker, Jane Peyton, Kristin Carpenter, Lois Pavone, Maureen Coyne Jane Margwarth May Queen Organ Selections Fred Houser Dance Flower Girls Waltz John Kurtz, Betty Harlor, John Prehatny, Jacqueline Rothacker, Bernard Rachilla, Irene Rondish, Gene Gibbons, and Helen Honsberger German, Math-Engineering, Dormitory Paul Williams, Jester Club Presentations Reading of the Class Will In order to familiarize the students with the interpretation of the cere mony, the Collegian is publishing a short description of the coronation pro- (Continued from page 1) Crowning of the May Queen Recessional (Continued on page 4) Page Threc
Significant historical Pennsylvania newspapers