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Page 26 text:
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ACCOUNTING The aims of the accounting department are to provide the student with enough knowledge so that he is prepared to provide financial in- formation about any economic entity, usually a business enterprise. In order to do this, the student must be well versed in three basic areas. First of all, it will be necessary that the student be able to assimi- late business transactions in a systematic man- ner. After the transactions have been compiled, the accountant will be expected to sort the various transactions and events into related groups and categories. Finally, in order to be helpful to anyone, the information recorded and classified has to be summarized in the form of a report or statement. In addition to the three primary functions of accounting, namely that of recording, classifying, and summarizing, the pre- sent day accountant is also called upon to do many other things. Chief among these, is the analysis and interpretation of the data he has created. The qualified accountant is always con- cerned with the significance of the figures he has produced. He looks for meaningful relation- ships between events and financial results; he studies the effect of various alternatives; and he searches for significant trends that may throw some light on what will happen in the future. Therefore, the aims of the accounting depart- ment, as stated above, are to provide the student with enough knowledge so that he is prepared to provide financial information about an eco- nomic entity, through the skills of recording, classifying, summarizing, and interpreting of financial information that he has acquired in his studies. — Robert J. Lacey Accounting students are given a chance to use modern conveniences in computing their practice problems. Mr. Lee Pollart helps an accounting major prepare for his C.P.A. exam. ' ... ££Khii I » 22
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Page 25 text:
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The serious, but distinguished, members of the head-table at the Homecoming Banquet. Rev. Richard Ryan, S.J. presents alumni service awards at the Homecoming ' s Dinner-Dance. Left to right, Silver Spur Award for Alumni Achievement to Right Reverend Monsignor William Higgins, LL.D., ' 12, Silver Spur Award for Alumni Service to Paul V. Murray, W18, and Honorary Ranger Award for Non-alumni Service to Mrs. Charles Zarlengo. A perfect ending for the Homecoming Week. The Faculty Convocation, convening after- ward in the Fieldhouse Lecture Hall, featured as its speaker the Reverend Thomas L. O ' Brien, S.J., Director of the Honors Program at Seattle University. Founders Week also provided an opportunity for the alumni of Regis College to return to the campus to renew contact with their alma mater and their fellow alumni. Homecoming Weekend, under the general chairmanship of Mr. Robert V. Carroll, ' 39, was the Friday, Sat- urday, and Sunday of Founders Week. The weekend began with a stag golf tournament and reception. Other events included class reunion parties, an alumni conference, and a memorial Mass for deceased alumni. The weekend was climaxed with a Saturday night dinner-dance at which awards were presented for alumni service. 21
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Page 27 text:
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Mr. Rudy Sporcich provides the business student with the principles he will need when he enters the business field after graduation. BUSINESS ADMINISTRATION The business world is one of the most im- portant areas of our modern social order. It is, therefore, the responsibility of a Jesuit institution to help prepare men to take a capable, Christian part in this integral facet of American society. The corporate, automated society in which the Regis graduate will find himself adds further emphasis to this responsibility. An education for a Catholic American busi- nessman should equip him with good study habits, powers of analysis, ability of self-expres- sion, social poise, an historical outlook, and a rational knowledge of Christianity. He must also have a thorough knowledge of the theory and practice of business and the habits of apply- ing their Christian principles in business situa- tions. To prepare students for such effective service in business and to develop in them the habits that make for continuing growth, the funda- mental purposes of the Department of Business Administration are: (1) To develop an apprecia- tion and understanding of the human and ma- terial factors that make up the subject matter of business. (2) To give the students the larger knowledge, skill, and resourcefulness which con- stitute a college training for the better oppor- tunities in business. (3) To guide students in the selection of their business careers, and to aid graduates in the pursuit of their chosen business objectives. — Rudy Sporcich Mike Crowley gathers experience for his forthcoming role as business manager for the RANGER. 23
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