History of Accounting Part 2: 1880-1900

ACCOUNTING HISTORY OF 1880 1900 thru Cities in the United States grew at a dramatic rate between 1880-1890. Most of this population growth is due to the expansion of industry. 371 Steady streams of people also migrated to the cities from rural America during this period. The Home Insurance Building,in Chicago, (as seen here) became the world's first skyscraper, due to it's unique architecture and weight-bearing frame. Www 1887 The American Association of Public Accountants (AAPA) is created and begins issuing certificates, based on experience. The Comptometer, one of the first key-driven calculators is patented. CLMPTOM U.S. Master Auditing Guide I hirty accountants came together to create the American Association of Public Accountants. The first gas-powered car was introduced. Until William Henry Perkin's accidental discovery of aniline dye, purple clothes were associated uwith royalty because the dyes were so expensive. After the discovery, the color became so widely-availabe that the 1890s were called “The Mauve Decade. ARPERS WEEKLY 1894 2% Federal income tax is enacted 1895 Income tax ruled unconstitutional by U.S. Supreme Court in Pollack vs Farmer's Loan and Trust 1896 The first CPAS were licensed after they passed the first standardized tests for accountants. New York Governor L.P. Morton signs the first CPA bill into law. The Boxing Gordon Sisters were Vaudeville performers who toured the east coast during the 1890s. 1897 Png The Fine CPAsf The first State Society of CPAS was founded in New York MILK BAR Large dairy companies wouldn't go through the expense of pasteurizing their own milk, so independent street-corner “processing stations" began flourishing in cities like New York, Boston, and Chicago. MILK BAR 1899 Christine Ross becomes the first female CPA It was in the 1900 Olympic Games that women first participated as čontestants. SOURCES www.hstry.co/timelnes/important-accounting-events-in-history-used-as-a-road-map-forinvesting-cub-mee www.journalofaccountancy.com/issues/2005/oct www.apps.aicpa.org/Anniversary www.maaw.info/AccountingHistoryDatesAndEvents htm www.loc.gow/teachers/classroommaterials/presentationsandactivities/presentations/timeline/riseind/dity www.youtube.com/watch?v=kz KLI www.professoreliot.wordpress.com/2011/11/26/perkin and the mauve decade www.hebhc.org/sites/default/files/beh/BEHprinth025n1/p0252-p0266.pdf www.daimler.com/diccom/0-5-1322446-1-1323352-1-00-1322455.0-0-135-0-0000000.html www.books. Americ p oneof+Dublic+Accountants,+1887 www.loc.gowitem/96514927/ www.bikeleague.org/content/mission-and-history www.taxfoundation.org/blog/today-history-income-tax-ruled-unconstitutional-pollock-v-farmers-loan-trust-co www.archive.org/stream/cu31924017070396/cu31924017070396 djvu.tit www.neatorama.com/2011/01/24/the-ight-for-safe-milk-pasteurization/eINPEOJ www.nasba.org/features/notable-female-firsts-in-accounting gle.com/books?id-MdAITZZBVOCkpg-PA4498lpg-PA469&dq-31-accountants+camertogether+totareaterthet OF 1900 OLYMPIC GAMES TOLL FREE: 1.844.982.4557 EMAIL: [email protected] WHERE THERE'S A BILL, THERE'S A PAY XTBILLS WEB: www.xtbills.com