Regis College - Ranger Yearbook (Denver, CO)

Page 25 text:

7f- $ T Scene: Regis Center Date: October 11, 1963 Occasion: The Formal Opening of the Center Presentation of Building James M. Hunter Hunter and Association Foster R. Orr F.R. Orr Construction Rev. Frederick Daly, S.J. officially opens the Center as Father Ryan looks on with James Dowd, Student Senate President. Main Address: The Honorable Edward C. Day, Justice Supreme Court of Colorado Recipients of Alumni Awards Herbert P. White James J. Finn Vincent J. Dwyer

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r m0 V - ■■ -k Preceding the Fall Convocation, Father Richard Ryan and chat with guest speaker, Dr. John Senior. Father Harry Hoewiseher Hipp iiiiii Dr. John Senior, Department of English at Wyoming Uni- versity, delivers the main address. His topic was a discourse on John Cardinal Newman. : - V -1 Scene: Fall Convocation Date: October 9, 1963 Presentation of Twenty-Five Year Teaching Service Citations to: Rev. Bernard Karst, S..T. Rev. Elmer Tranie, S.J. Rev. William Houser, S.J. not pictured Rev. Henry Hecken, S.J. 20

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r T The aims of the accounting department are to provide the student with enough knowledge so that he is prepared to provide financial information 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 assimilate busi- ness transactions in a systematic manner. 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 re- corded 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 present day accountant is also called upon to do many other things. Chief among these, is the analysis and interpretation of the data he has cre- ated. The qualified accountant is always concerned with the significance of the figures he has pro- duced. He looks for meaningful relationships be- tween 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 department, as stated above, are to provide the student with enough knowledge so that he is prepared to provide financial information about an economic entity, through the skills of re- cording, classifying, summarizing, and interpreting of financial information that he has acquired in his studies. — Robert J. Lacey Mr. Lee Pollart aims to enable tlie student to prepare himself to understand and to take an active interest in business functions. An understanding of basic accounting concepts and principles are being explained by Mr. Robert Lacey. 22