[Congressional Record Volume 143, Number 43 (Monday, April 14, 1997)]
[Senate]
[Page S3131]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   CENTENNIAL ANNIVERSARY OF THE PENNSYLVANIA INSTITUTE OF CERTIFIED 
                           PUBLIC ACCOUNTANTS

 Mr. SANTORUM. Mr. President, the Pennsylvania Institute of 
Certified Public Accountants [PICPA] celebrated its 100th anniversary 
on March 23, 1997. I rise today to congratulate PICPA for a century of 
service to the people and businesses of Pennsylvania. This 
distinguished organization, which boasts more than 18,000 members, is 
the second oldest society of certified public accountants [CPAs] in the 
United States. In fact, several of the big six accounting firms were 
actually founded by PICPA alumni.
  Mr. President, PICPA is comprised of dedicated professionals who 
provide essential financial advice to individuals, corporations, 
nonprofits, and government entities. Every day, they ensure that 
corporate financial dealings are properly reported to stockholders, 
help organizations comply with our tax laws, and provide detailed 
financial reports for managers.
  In a dynamic business climate, it is essential to stay apprised of 
changing professional standards, government regulations, and accounting 
practices. PICPA associates have risen to this challenge. They have 
demonstrated a commitment to the accounting profession by adhering to a 
continuing education requirement. Likewise, they subject themselves to 
periodic peer reviews to improve the quality of their financial 
statements.
  I am also pleased to note that PICPA encourages community service. 
Members have proudly helped improve the quality of life for less 
fortunate Pennsylvanians by donating thousands of hours to charitable 
organizations.
  Mr. President, members of PICPA are currently serving the public as 
auditors, tax advisors, computer consultants, personal financial 
planners, educators, legislators, small business advisors, managers, 
and estate planners. I salute CPA's in all walks of life, and I ask my 
colleagues to join me in congratulating the accountants and employees 
of PICPA, both past and present, for 100 years of exemplary 
service.

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