Albert Cyprys is a member of Beta Alpha Psi, an honorary accountant’s organization with a distinguished history. First president Russell Morrison was the only one of the original founding members who was still a practicing CPA by 1939, and was also a member of the American Accounting Association. Morrison helped further the cause of accounting and CPA’s through his work on the Committee to Prepare a Statement of Basic Accounting Theory. Beta Alpha Psi created a national constitution in 1921, but did not admit women until 1950 when Jeannie Skelton of Miami University was admitted as the first female member.
Today, Beta Alpha Psi has chapters at the University of Sydney and the University of Technology Sydney, Australia. Massey University, the University of Auckland, the University of Waikato and Victoria University, all of New Zealand, also support chapters of Beta Alpha Psi. The organization’s Professional Partners is a group of prominent professional accountants in public accounting, industry and government who provide advice and assistance to the operations and special projects of Beta Alpha Psi. On a local level, students guide each chapter’s work, but local chapters such as that of Albert Cyprys may act as accounting honor societies, or as financial information fraternities.
Today, Albert Cyprys continues his association with Beta Alpha Psi, as he works as an accountant, evaluating and pricing products appropriately in a variety of worldwide markets, calculating delivery costs and information into a total estimate of evaluations of cost versus profit, which in turn is affected by the determination of the appropriate profit margin for the product and for the market.