A White-Collar Profession
African American Certified Public Accountants since 1921
by
Theresa A.
Hammond
Among the major professions,
certified public accountancy has the most
severe underrepresentation of African
Americans: less than 1 percent of
cpas
are black. Theresa Hammond explores
the history behind this statistic and chronicles the courage and determination
of African Americans who sought to enter the field. In the process, she expands
our understanding of the links between race, education, and economics.
Drawing on interviews with
pioneering black cpas, among other
sources, Hammond sets the stories of black
cpas against the backdrop of the rise of accountancy as a profession,
the particular challenges that African
Americans trying to enter the field faced, and the strategies that enabled
some blacks to become cpas. Prior to the
1960s, few white-owned accounting firms
employed African Americans. Only through nationwide networks established by the
first black cpas did more African
Americans gain the requisite professional experience. The civil rights era saw
some progress in integrating the field, and black colleges responded by
expanding their programs in business and accounting. In the
1980s, however, the backlash against
affirmative action heralded the decline of African American participation in
accountancy and paved the way for the astonishing lack of diversity that
characterizes the field today.
Theresa A. Hammond is associate professor
of accounting and Ernst
and Young Research Fellow in Diversity Studies at the Wallace
E. Carroll
School of Management at Boston College.
A White-Collar
Profession
African American Certified Public Accountants since 1921
By Theresa A. Hammond
Price: $16.95
ISBN: 0-8078-5377-1