Abstract The article presents information about the American Accounting Association. The purposes and objectives of the Association shall be: To initiate, encourage and sponsor research in accounting and to publish or aid in the publication of the results of research; To advance accounting instruction and to encourage qualified individuals to enter careers in the teaching of accounting; To advance the development and application of accounting concepts and standards and seek their adoption for financial statements prepared for external purposes; To advance the development and uses of accounting for internal management purposes. 5. To advance a widespread knowledge of accounting among qualified students and the public generally. Accounting teachers, public accountants, accountants from business and government and other persons interested in the advancement of accounting shall be eligible for membership in the Association. The Executive Committee shall be responsible for directing the affairs of the Association and shall formulate such plans, policies, rules and procedures as needed to achieve the purposes and objectives of the Association. The operation of the administrative office and the duties and powers of the Administrative Secretary shall be determined by specific action of the Executive Committee.
A 1969 study studied this question.