Arthur Young (accountant)
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Arthur Young | |
|---|---|
| Born | 16 December 1863 Glasgow, Scotland |
| Died | 3 April 1948 (aged 84) |
| Alma mater | University of Glasgow |
Robert Arthur Young (17 December 1863 – 3 April 1948) was a Scottish American. He was one of the founders of Ernst & Young, the international accounting firm.
Young was born on 17 December 1863 in Scotland. He was the son of a Glasgow merchant and shipowner. His nephew, Sir Arthur Young, was a Member of Parliament and former Chamberlain of the King's Household.[1]
He was educated at the University of Glasgow where he studied law, was the captain of the University rugby team and played for Glasgow in an inter-city rugby match. He graduated MA in 1883 and LLB in 1887.[2]
Career
He apprenticed with Glasgow solicitors A. J. & A. Graham before moving to the United States in 1890.[3] In 1894, he began the practice of public accounting in Chicago with C. W. Stuart under the firm name Stuart & Young. In 1903, he helped secure the passage of the first C.P.A. law in Illinois and later served as president of the Illinois Society of Certified Public Accountants.[1]
In 1906, he bought out Stuart's interest in the firm and together with his brother Stanley Young, founded the accountancy firm Arthur Young & Co. in Chicago.[4] In 1924 Young innovated by forging an international network with Broads Paterson & Co in the UK.[3] He retired shortly after that and died in 1948.[2]