University of Virginia Library

Honorable Mention

Ronald Seay of Richmond received one of
28 honorable mention awards given for outstanding
scores on the exam. Also a June
graduate in Commerce, Mr. Seay was a member
of Beta Gamma Sigma, and is now employed
with a Richmond firm.

The Certified Public Accountant examination
is a uniform test given twice a year, while
the awards for high grades were established by
the American Institute.

Accountants, who have traditionally been
the people who keep the nations financial
records straight, are now beginning to work in
such areas as computing the costs of pollution
and aid for disadvantaged small businessman.

Accountants are doing "a lot of things
they've never done before and accounting
education programs ought to make some
attempt to anticipate what will be needed in
the future," said Paul E. Fertig of the
Virginia Tech faculty.

Mr. Welsch added that accountants could
measure costs against benefits in solving
pollution problems in plants. Benefits are "far
beyond the company... These projects can be
evaluated on their economic feasibility."