Society of Incorporated Accountants

The Society of Incorporated Accountants, founded in 1885 as the Society of Accountants, was a professional association of accountants in England. It was known from 1908 to 1954 as the Society of Incorporated Accountants and Auditors, and from 1954 to 1957 as the Society of Incorporated Accountants.

History

The Society of Accountants was established in 1885, initially in reaction to the restrictive practices of the Institute of Chartered Accountants in England and Wales (ICAEW), founded in 1880.[1] Members were known as 'Incorporated Accountants'.[2] Initially, members were mainly elected by the Society's Council, but in 1889 examinations were introduced and the Society established itself as an examining body.[3]

In 1889 the Society began publishing a quarterly journal Incorporated Accountants' Journal, which became a monthly in 1895 and was renamed Accountancy in 1938. The Society was housed at Two Temple Place from 1928 to 1959. In 1957 it merged with the ICAEW.[2]

Presidents

Arms

Coat of arms of Society of Incorporated Accountants
Crest
On a wreath of the colours a demi figure of a scribe Proper habited Sable holding in the dexter hand a pen and in the sinister an inkhorn also Proper.
Escutcheon
Argent an open book issuant from the dexter chief a sunburst Proper all within a bordure Sable charged with six bezants and six plates alternately.
Motto
Fides Atque Integritas [6]

References

  1. ^ Records of the Institute of Chartered Accountants in England and Wales and its predecessor bodies at Guildhall Library, Guildhall Library
  2. ^ a b Accountancy Ancestors - Incorporated Accountants' Journal Archived 2011-10-01 at the Wayback Machine
  3. ^ Society of Incorporated Accountants and Auditors examinations
  4. ^ "Court Circular". The Times. No. 36778. London. 27 May 1902. p. 10.
  5. ^ a b "Obituary Bertram Nelson". No. July 1984. Accountancy Magazine.
  6. ^ "Society of Incorporated Accountants". Heraldry of the World. Retrieved 30 September 2021.

Further reading

  • A. A. Garrett, History of the Society of Incorporated Accountants, 1885-1957, Oxford: Oxford University Press, 1961