New York (May 19, 2004) -- The New York State Society of CPAs installed Garden City, N.Y., CPA John J. Kearney as its 2004-2005 president. He succeeds outgoing president Jeffrey R. Hoops.

Kearney, a shareholder of Jaeckle Kearney & Lepselter, joined the Society in 1989. He has served as president-elect, vice president and a member of the society's board of directors and executive committee.

Separately, the NYSSCPA inducted deceased CPAs Arthur H. Carter and Homer S. Pace into its Hall of Fame.

Carter, who served as NYSSCPA president from 1930 to 1933, was a partner at Haskins & Sells, where he was managing partner from 1927 to 1941. He also served as an executive accountant for the U.S. Department of War from 1941 to 1946 and was appointed fiscal director of the Army Services Forces with the rank of major general and with responsibility for the accounts and all fiscal services of the War Department. In 1933, Carter testified before the Senate Committee on Banking and Currency and convinced the senators to require audits of securities registrants by independent CPAs.

After Pace passed the CPA exam in 1904, he and his attorney brother started tutoring candidates for the New York State CPA exam in a one-classroom school and formed Pace & Pace, which would eventually expand to what is now Pace University -- the only major U.S. university that had its beginnings as a school of accounting. Pace served as the society's president from 1924 to 1926 and was acting deputy commissioner of the Internal Revenue Service from 1918 to 1919.

-- WebCPA staff

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