Abstract The article presents information on the rise of management services provided by Certified Public Accountants (CPAs). Perhaps the most significant development in the accounting profession during the last half decade has been the rapid growth of interest in management services. This is evident in the literature of the profession, by the frequency and manner in which so many accounting firms have expanded their organizations to render this type of specialized service to their clients. As recently as the fall of 1953 the president of the American Institute of Certified Public Accountants appointed the Institute's first committee on management services by CPAs. The question may well be asked why, after all these years, the accounting profession is suddenly so much interested in management services. Basically the author believe the reason is that business organizations have problems of a nature and a magnitude never encountered before. This condition is the result of many causes, all adding up to the one simple fact that many of the accountant's clients need help in areas not normally served by the certified public accountant and yet the CPA is probably better equipped to provide these services than anyone else.
Clinton W. Bennett (Wed,) studied this question.