William Andrew Paton (July 19, 1889 – April 26, 1991) was an American accountancy scholar, known as founder of the American Accounting Association in 1916, and was founder and first editor of its flagship journal The Accounting Review.[1]
Paton was born near Calumet, Michigan to Andrew Patton, teacher and superintendent of the local school system, and Mary Nowlin Paton, also teacher. The family settled on a farm, engaging Patton with farm work in his youth. Paton studied at the University of Michigan, where he obtained his AB and PhD in economics in 1917. In 1927, he obtained his Certified Public Accountant license for the State of Michigan.[2]
After graduation Paton started his academic career at the University of Michigan in 1914. After a year as Assistant Professor at the University of Minnesota from 1916 to 1917, he returned to the University of Michigan, where he was professor of accounting and economics from 1921 to his retirement in 1958. He served as a visiting professor at the University of California, Berkeley (1937–38), Harvard University (1939–40), the University of Chicago (1959–60), and the University of Kentucky (1968–69). Over the years he has been practicing consulting accountant, especially during vacation periods.[2]
In 1916, Paton co-founded the American Accounting Association, and served as its president from 1922 to 1923. He was founding editor-in-chief of its The Accounting Review from 1926 to 1929. In 1940, he and A. C. Littleton edited for the American Accounting Association the publication of An Introduction to Corporate Accounting Standards. Over the years Patton also participated in American Institute of Certified Public Accountants in several positions.[2]
Paton received the AICPA's Gold Medal Award in 1944 and was inducted into the Accounting Hall of Fame in its first year, 1950. He was the recipient of the one-time "Outstanding Educator of the Century" prize by the American Institute of Certified Public Accountants, at the AICPA's 100th annual meeting in 1987. He was inducted into the Accounting Hall of Fame in 1950. Paton died at the age of 101 on April 26, 1991.[3]
Selected publicationsEdit
Paton published more than 150 articles and numerous books, on his own or with co-authors, including:
Paton, William Andrew, and Russell Alger Stevenson. Principles of Accounting (1916)
Paton, William Andrew, and Russell A. Stevenson. Problems and exercises in accounting. (1918)
Paton, William Andrew. Accounting theory, with special reference to the corporate enterprise. Ronald Press, 1922.
Paton, William Andrew. Essentials of Accounting (1938)
Paton, William Andrew. Advanced Accounting (1941)
Paton, William Andrew, and Earl Adolphus Saliers. Accountants' handbook. (1943).
Paton, William Andrew, and Ananias Charles Littleton. An introduction to corporate accounting standards. No. 3. American Accounting Association, 1970.
ReferencesEdit
^Thompson, Joel E. "Paton, William Andrew (1889-1991)." In History of Accounting: An International Encyclopedia, edited by Michael Chatfield and Richard Vangermeersch. New York: Garland Publishing, 1996. pp. 453–454.
^ abc"William A. Paton". aaahq.org. Retrieved 2019-10-22.
^Narvaez, Alfonso A., "William Paton, 101, Pioneer Accountant, Theorist and Scholar, New York Times, May 1, 1991, [1] Accessed September 5, 2018.
August 25, 2023
william, andrew, paton, july, 1889, april, 1991, american, accountancy, scholar, known, founder, american, accounting, association, 1916, founder, first, editor, flagship, journal, accounting, review, william, patonborn, 1889, july, 1889near, calumet, michigan. William Andrew Paton July 19 1889 April 26 1991 was an American accountancy scholar known as founder of the American Accounting Association in 1916 and was founder and first editor of its flagship journal The Accounting Review 1 William A PatonBorn 1889 07 19 July 19 1889near Calumet Michigan USADiedApril 26 1991 1991 04 26 aged 101 NationalityUS citizenAlma materUniversity of Michigan Ph D 1917Scientific careerFieldsAccountingBiography EditPaton was born near Calumet Michigan to Andrew Patton teacher and superintendent of the local school system and Mary Nowlin Paton also teacher The family settled on a farm engaging Patton with farm work in his youth Paton studied at the University of Michigan where he obtained his AB and PhD in economics in 1917 In 1927 he obtained his Certified Public Accountant license for the State of Michigan 2 After graduation Paton started his academic career at the University of Michigan in 1914 After a year as Assistant Professor at the University of Minnesota from 1916 to 1917 he returned to the University of Michigan where he was professor of accounting and economics from 1921 to his retirement in 1958 He served as a visiting professor at the University of California Berkeley 1937 38 Harvard University 1939 40 the University of Chicago 1959 60 and the University of Kentucky 1968 69 Over the years he has been practicing consulting accountant especially during vacation periods 2 In 1916 Paton co founded the American Accounting Association and served as its president from 1922 to 1923 He was founding editor in chief of its The Accounting Review from 1926 to 1929 In 1940 he and A C Littleton edited for the American Accounting Association the publication of An Introduction to Corporate Accounting Standards Over the years Patton also participated in American Institute of Certified Public Accountants in several positions 2 Paton received the AICPA s Gold Medal Award in 1944 and was inducted into the Accounting Hall of Fame in its first year 1950 He was the recipient of the one time Outstanding Educator of the Century prize by the American Institute of Certified Public Accountants at the AICPA s 100th annual meeting in 1987 He was inducted into the Accounting Hall of Fame in 1950 Paton died at the age of 101 on April 26 1991 3 Selected publications EditPaton published more than 150 articles and numerous books on his own or with co authors including Paton William Andrew and Russell Alger Stevenson Principles of Accounting 1916 Paton William Andrew and Russell A Stevenson Problems and exercises in accounting 1918 Paton William Andrew Accounting theory with special reference to the corporate enterprise Ronald Press 1922 Paton William Andrew Essentials of Accounting 1938 Paton William Andrew Advanced Accounting 1941 Paton William Andrew and Earl Adolphus Saliers Accountants handbook 1943 Paton William Andrew and Ananias Charles Littleton An introduction to corporate accounting standards No 3 American Accounting Association 1970 References Edit Thompson Joel E Paton William Andrew 1889 1991 In History of Accounting An International Encyclopedia edited by Michael Chatfield and Richard Vangermeersch New York Garland Publishing 1996 pp 453 454 a b c William A Paton aaahq org Retrieved 2019 10 22 Narvaez Alfonso A William Paton 101 Pioneer Accountant Theorist and Scholar New York Times May 1 1991 1 Accessed September 5 2018 Retrieved from https en wikipedia org w index php title William Andrew Paton amp oldid 1140139310, wikipedia, wiki, book, books, library,
