383:, and provides opportunities for self-development, service and association among members and practicing professionals. It "strives to encourage a sense of ethical, social, and public responsibility". 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. Beta Alpha Psi's objectives are accomplished through the activities of each chapter respectively. Each chapter receives financial funding for these activities through the sponsorship of various public and private firms.
440:. 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. In February 1921, Beta Alpha Psi officially became a national organization after it adopted a national constitution. 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.
140:
25:
429:, the initiation fee was $ 10 and dues were an additional $ 2 per semester. Any member who was absent from a function without first being excused was charged 25 cents. 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
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university. Students guide each chapter's activities while faculty advisors mentor the chapters and provide a liaison between the members and other faculty. But different local chapters operate in diverse ways. While some chapters are organized as accounting honor societies or others operate as financial information fraternities.
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cooperation and interest in accounting. 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. Eleven students were initiated as members on
February 12, 1919; Scovill was initiated as an honorary member.
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Beta Alpha Psi's
Professional Partners consists of prominent professional accountants who are active in public accounting, industry, and government. Members serve three-year terms. The Partners provide the Board of Directors independent, external advice on and assistance in the organization's routine
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The
International Chapter comprises all faculty advisors, student presidents, and past and present members of Beta Alpha Psi. This body holds a meeting every year and provides advice and assistance to the Board of Directors. Local chapters are composed of the students and the faculty members at each
472:
Beta Alpha Psi is governed by a constitution and by-laws. It is managed by the Board of
Directors, which consists of thirteen financial information professionals or professors of accounting, finance, or information systems, the Professional Partners chair, and two alumni representatives. The alumni
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To become a part of Beta Alpha Psi, students must be invited to join by the local chapter at the university they attend, and they are required to meet various requirements. The minimum requirements for eligibility to be elected as a pledge, though a chapter can set stricter requirements, include:
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formed an accounting club on campus in 1917. Beta Alpha Psi emerged two years later. The first members were six students from
Professor Scovill's CPA course. The organization was founded on the principles of scholarship, practicality, and sociability, and its initial objective was to stimulate
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Beta Alpha Psi's logo consists of three different aspects: the emblem, the rising sun, and the crossed keys. The emblem is used to promote the promise of careers for financial information professionals. The rising sun represents the professionals who continuously rise higher. The crossed keys
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Complete two years of collegiate courses and at least one upper-level course beyond the business core (for transfer students, the most recent qualifying course must be at an institution accredited by the
Association to Advance Collegiate Schools of Business- or European Quality Improvement
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symbolize the knowledge Beta Alpha Psi provides that will unlock the doors for the financial world. Together these three aspects represent what Beta Alpha Psi is about. The Greek letters Beta Alpha Psi represent scholarship, social responsibility, and practicality respectively.
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Nine of the eleven members became CPAs. By 1939, only one of the original eleven members, the first president
Russell Morrison, was a practicing CPA. Morrison was actively involved in the
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knowledge, and Beta Alpha Psi was formed in 1919 to promote the CPA rank on college campuses. Two years after its founding, all of the existing U.S. states had adopted CPA regulations.
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in accounting, finance, or information systems (or have stated an intention to declare a concentration in accounting, finance, or information systems)
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Beta Alpha Psi encourages and recognizes scholastic and professional excellence in the business information field, promotes the study and practice of
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Beta Alpha Psi's beginnings relate to Hiram
Scovill, an accounting professor at the University of Illinois. Several new honor societies and
363:, in the United States. The organization has over 300 chapters on college and university campuses with over 300,000 members worldwide.
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Beta Alpha Psi continues to grow as new chapters are installed internationally. Outside the United States, local chapters operate in
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Maintain a cumulative grade point average of 3.0 in upper-level courses of their declared major beyond the business core; and
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that had formed a few years before
Scovill's return introduced students to the benefits of professional organizations.
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899:"Student Organizations – Members of the Executive Leadership Council (ELC) – College of Business, Spring 2014"
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Andersen, Crystal; Forsythe, Elizabeth; Knudson, Angela; Yetmar, Scott A. (September 10, 2008).
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class standing as shown by his college records was eligible for membership in the organization.
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Complete at least one year of courses at the collegiate level (30 semester hours or equivalent)
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Attain a 3.25 cumulative grade point average on the most recently completed 30 semester hours
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representatives are recent graduates who were active in their Beta Alpha Psi chapters.
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399:(CPA) designation. This designation in business encouraged a greater focus on
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A separate set of requirements is set for election to membership, including:
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732:"Beta Alpha Psi: An Important Addition To Your Accounting Vocabulary"
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Rank within the top 35% of their university class, or
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Association to Advance Collegiate Schools of Business
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University of Southern Indiana - College of Business
49:. Unsourced material may be challenged and removed.
344:students attending universities accredited by the
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684:Baird's Manual of American College Fraternities
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937:"T. Coleman Andrews | Accounting Hall of Fame"
498:in accounting, finance, or information systems
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1579:Active independent professional fraternities
984:"William A. Paton | Accounting Hall of Fame"
594:candidate for President of the United States
355:It was founded on February 12, 1919, at the
1017:. University of Kentucky. 1963. p. 202
613:, sports agent representing players in the
1287:or Professional Interfraternity Conference
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955:"Yuji Ijiri | The Accounting Hall of Fame"
357:University of Illinois at Urbana-Champaign
163:University of Illinois at Urbana-Champaign
1758:Student organizations established in 1919
1557:North American Interfraternity Conference
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109:Learn how and when to remove this message
1076:Professional fraternities and sororities
1281:the Professional Fraternity Association
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16:International accounting honor society
1279:Former and formerly active members of
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511:of 3.5 (where an A is equal to a 4.0)
425:In the original constitution for the
1285:Professional Panhellenic Association
47:adding citations to reliable sources
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1087:Professional Fraternity Association
639:Kentucky Auditor of Public Accounts
359:. It is currently headquartered in
350:European Quality Improvement System
277:c/o American Accounting Association
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681:Shepard, Francis W., ed. (1927).
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873:"Constitution of Beta Alpha Psi"
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1753:Accounting in the United States
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910:. Spring 2014. Archived from
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208:Business and Data Analytics
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391:On April 17, 1896, the
361:Lakewood Ranch, Florida
279:900 Town Center Parkway
152:; 105 years ago
1040:Beta Alpha Psi website
761:"About Beta Alpha Psi"
706:"About Beta Alpha Psi"
604:and inductee into the
448:International presence
417:Scovill and professor
328:) is an international
150:February 12, 1919
1496:Phi Mu Alpha Sinfonia
917:on September 25, 2015
629:The Accounting Review
1283:or its predecessors:
620:William Andrew Paton
393:New York legislature
43:improve this article
1722:Delta Omicron Alpha
1507:Phi Upsilon Omicron
1482:(now honor society)
1414:Omicron Delta Kappa
1394:Kappa Delta Epsilon
1369:Theta Sigma Upsilon
1120:Alpha Omega Epsilon
1014:Kentuckian Yearbook
600:, president of the
509:grade point average
381:information systems
342:information systems
1707:Alpha Epsilon Iota
1542:Scabbard and Blade
1339:Delta Epsilon Iota
1200:Lambda Kappa Sigma
584:T. Coleman Andrews
575:Arthur E. Andersen
187:Former Affiliation
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1636:Delta Phi Epsilon
1626:Delta Kappa Gamma
1621:Delta Theta Sigma
1616:Delta Sigma Theta
1611:Gamma Epsilon Tau
1586:Alpha Gamma Kappa
1570:Alpha Gamma Sigma
1532:Omega Upsilon Phi
1486:Phi Epsilon Kappa
1439:Sigma Sigma Sigma
1344:Delta Sigma Delta
1309:Alpha Sigma Alpha
1304:Alpha Kappa Kappa
1299:Alpha Delta Sigma
1294:Alpha Delta Theta
1255:Phi Delta Epsilon
1175:Kappa Epsilon Psi
1140:Delta Kappa Alpha
786:"Active Chapters"
622:, founder of the
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260:300,000+ lifetime
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1681:Block and Bridle
1591:Alpha Zeta Omega
1491:Phi Lambda Kappa
1334:Gamma Iota Sigma
1230:Sigma Alpha Iota
1215:Pi Sigma Epsilon
1190:Kappa Lambda Chi
1130:Delta Epsilon Mu
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1537:Pershing Rifles
1527:Omega Tau Sigma
1470:Phi Delta Kappa
1465:Phi Delta Gamma
1460:Phi Delta Delta
1444:Sigma Phi Delta
1429:Sigma Delta Chi
1424:Pi Lambda Theta
1399:Kappa Phi Kappa
1374:Theta Sigma Phi
1364:Theta Kappa Psi
1354:Epsilon Eta Phi
1349:Delta Psi Kappa
1329:Gamma Eta Gamma
1314:Alpha Tau Delta
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1240:Phi Alpha Delta
1185:Kappa Kappa Psi
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1115:Alpha Chi Sigma
1110:Alpha Phi Omega
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879:. October 2022
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1173:
1171:
1170:Kappa Epsilon
1168:
1166:
1163:
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1158:
1156:
1153:
1151:
1148:
1146:
1145:Delta Omicron
1143:
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1133:
1131:
1128:
1126:
1123:
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1118:
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1105:Alpha Rho Chi
1103:
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994:on 2016-07-04
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965:on 2014-01-10
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921:September 10,
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849:on 2009-06-27
848:
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820:on 2009-05-06
819:
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791:
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781:
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742:on 2008-09-10
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563:Isai Alvarado
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330:honor society
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298:United States
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216:International
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99:February 2024
91:
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63:
60: –
59:
55:
54:Find sources:
48:
44:
38:
37:
32:This article
30:
26:
21:
20:
1717:Chi Zeta Chi
1671:Chi Delta Mu
1517:Chi Beta Phi
1498:(now social)
1475:Phi Delta Pi
1446:(now social)
1434:Sigma Nu Phi
1359:Zeta Phi Eta
1323:
1265:Phi Sigma Pi
1250:Phi Gamma Nu
1125:Delta Chi Xi
1019:. Retrieved
1013:
1007:
996:. Retrieved
992:the original
987:
978:
967:. Retrieved
963:the original
958:
949:
940:
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912:the original
905:
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883:February 12,
881:. Retrieved
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847:the original
842:
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818:the original
813:
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789:
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740:the original
735:
725:
715:February 12,
713:. Retrieved
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666:. Retrieved
662:
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462:Saudi Arabia
451:
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317:
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273:Headquarters
173:Professional
105:
96:
86:
79:
72:
65:
53:
41:Please help
36:verification
33:
1727:Pi Delta Nu
1676:Chi Eta Phi
1455:Phi Beta Pi
1404:Nu Sigma Nu
1319:Alpha Omega
1225:Sigma Alpha
1205:Mu Beta Phi
770:December 2,
592:independent
519:Declare an
507:Maintain a
494:Declare an
458:New Zealand
182:Independent
179:Affiliation
1742:Categories
1601:Alpha Iota
1419:Omicron Nu
1409:Xi Psi Phi
1220:Rho Pi Phi
1095:Alpha Zeta
998:2009-06-02
969:2009-06-02
853:2009-06-02
824:2009-06-02
795:2024-02-12
746:2009-06-02
686:(11th ed.)
668:2024-02-12
645:References
611:Eugene Lee
598:Yuji Ijiri
485:Membership
468:Governance
401:accounting
373:accounting
367:Objectives
334:accounting
157:1919-02-12
69:newspapers
1606:Alpha Psi
1522:Psi Omega
1195:Kappa Psi
1165:Theta Tau
637:, former
454:Australia
1646:Kappa Pi
1245:Phi Beta
1021:July 24,
546:Chapters
405:commerce
265:Nickname
249:Colonies
241:Chapters
205:Emphasis
1666:Phi Psi
1512:Phi Chi
387:History
377:finance
348:or the
338:finance
309:bap.org
304:Website
290:Florida
257:Members
228:Crimson
155: (
147:Founded
83:scholar
1547:Scarab
659:"Home"
571:player
527:System
431:junior
379:, and
232:
225:
221:Colors
200:Active
197:Status
85:
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56:
915:(PDF)
902:(PDF)
294:34202
235:Black
213:Scope
90:JSTOR
76:books
1023:2018
923:2015
885:2024
772:2015
717:2024
626:and
460:and
403:and
340:and
332:for
230:and
169:Type
62:news
324:ΒΑΨ
268:BAP
244:342
191:PIC
131:ΒΑΨ
45:by
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