Accountancy

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Department of Accountancy
University of Illinois
360 Wohlers Hall
1206 South Sixth Street
Champaign, Illinois 61820
Phone: 217-333-0857
Fax: 217-244-0902
Email: accy@illinois.edu


Marjorie Sells Carter Scholarship


The Marjorie Sells Carter Scholarship in Accountancy was established through the estate of Marjorie Sells Carter. Marjorie Sells married Arthur H. Carter in 1910 and after WW I, Carter joined his father-in-law's firm, Haskins and Sells, a predecessor firm of Deloitte & Touche. In 1930, he became managing partner, a position he held for over a decade. While serving as President of the New York State Society of Certified Public Accountants, he testified before the Senate and was instrumental in the passage of the Securities Act of 1933. The act awarded CPAs the exclusive right to audit public companies; thus, Carter helped to institute one of the accounting profession’s largest legislative landmarks. From 1941 to the end of World War II, he served in Washington, D.C on President Roosevelt’s staff as executive accountant, reviewing and recommending improvements in the War Department’s auditing organization and procedures, serving as fiscal director of the Army Service Forces. He was promoted to major general in 1943. During WW I, he was awarded the Distinguished Service Medal; an Oak Leaf Cluster was added in WW II. General Carter returned to Haskins & Sells in 1945, and retired in from the accounting firm in 1947.

UIUC College of Business Department of Accountancy