Regis College - Ranger Yearbook (Denver, CO)

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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

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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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BUSINESS Mr. John Coyne helps to guide students in the selection of their business careers, and to aid graduates in the pursuit of their chosen business objectives. The business world is one of the most important areas of our modern social order. It is. therefore, the responsibility of a Jesuit institution to help pre- pare 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 business- man should equip him with good study habits, powers of analysis, ability of self-expression, social poise, an historical outlook, and a rational knowl- edge of Christianity. He must also have a thorough knowledge of the theory and practice of business and the habits of applying their Christian principles in business situations. To prepare students for such effective service in business and to develop in them the habits that make for continuing growth, the fundamental pur- poses of the Department of Business Administration are: (1) To develop an appreciation and under- standing of the human and material factors that make up the subject matter of business. (2) To give the students the larger knowledge, skill, and re- sourcefulness which constitute a college training for the better opportunities 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 Mr. Rudy Sporcich provides the student with an appreciation and understanding of the human and material factors that make up the subject matter of business. 23