By Laurel Anne Barfitt
Goals to prepare, research, and examine the works of John Lansing Carey, the longest serving leader employees officer of the AICPA. This biography represents an enormous bankruptcy within the heritage of the accounting career. It demonstrates the function of John Lansing Carey as a pacesetter one of the accounting pros.
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Additional resources for The Contributions of John Lansing Carey to the Profession of Accountancy, Volume 10 (Studies in the Development of Accounting Thought)
Business ownership changed from small individually owned companies to large corporations, largely due to the advent of mass production. Mass production had a tremendous impact on the quality of life, and many technological innovations, such as the automobile, the radio, talking movies, air mail, and household appliances (Dillon, 1984). And with all this prosperity came the increased need for accountants. Accounting practices bloomed and prospered during this time (Carey, 1969b). There were 29 active stock exchanges in the United States; the largest by far was the New York Stock Exchange.
Not only did John Carey inﬂuence the direction of the Institute, but the profession of accountancy as well. Ralph E. Kent (1969) said of John L. Carey You grew as the profession grew. Or, more accurately, you forced those around you to respond creatively to a host of challenges and opportunities – and thus enabled the profession to emerge from the troubled days of the depression and to develop over a relatively short span of years to a position of prominence in the business community. (p. 2) Carey, in his capacity of administrator of the Institute, had to work with many people, both in and out of the accounting profession.
In addition to the above-mentioned publications, Carey also prepared 30 THE CONTRIBUTIONS OF JOHN L. CAREY Fig. 1. Resolution of the American Association of Certiﬁed Public Accountants in Honor of John Carey’s Retirement. (Taken from April 1969 Issue of The CPA, p. ) Biography 31 RESOLUTION RELATIVE TO THE RETIREMENT OF JOHN L. CAREY WHEREAS: John L. Carey, who for almost 40 years has been chief executive officer of the American Institute of Certified Public Accountants, will be retiring May 1969, and WHEREAS: this period of service by John L.