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CONSTITUTION
 of the
FAYETTEVILLE STATE UNIVERSITY
ACCOUNTING ASSOCIATION

ARTICLE I - NAME, OBJECTIVES, AND AUTHORITY

 Section 1.     This organization shall be known as the Fayetteville State University Accounting Association

 Section 2.     The objectives of the Fayetteville State University Accounting Association are:

     A.      To provide a forum within our academic environment for the exchange of ideas, information, and knowledge between the student members and the business community.

     B.       To become better acquainted with the specialties and current changes in the accounting profession.

 Section 3.     This society is established pursuant to the provisions of applicable directives of Fayetteville State University governing student organizations.

 Section 4.      This Society’s motto is: “Accounting for a Brighter Future”

 ARTICLE II - MEMBERSHIP

Active membership in the Fayetteville State University Accounting Society shall be voluntary and shall be limited to Fayetteville State University students enrolled in the Business curriculum.

ARTICLE III - OFFICERS

Section 1.    At the second meeting of each semester, the membership shall elect the following officers who shall be the governing body:  president, vice-president, secretary and treasurer.  The officers-elect shall be installed during the following meeting to serve for a period of one year.  Unexpired terms created by any circumstances shall be filled by special election at the next meeting.

 Section 2. The president shall be responsible for guiding the membership in the development and execution of its' programs.

 Section 3.  The vice-president shall act in the absence of the president and serve as an assistant to the president.

 Section 4.  The secretary shall record the minutes of all meetings, inform the membership of all society activities, and render reports to the membership as directed by the president.

 Section 5.  The treasurer shall be responsible for the receipt and disbursement of all society funds, maintain an accurate record of accounts, and render reports to the membership as directed by the president.

 ARTICLE IV - MEETINGS

Section 1.  The membership shall meet (at least) once a month at a time and place to be designated by the president.

Section 2.  Special meetings may be held as necessary and must be held upon receipt by the president of a request containing the signatures of not less than twenty-five percent of the members.

Section 3.  The second meeting of each semester will be considered the meeting at which the principal business will be the election of officers.

ARTICLE V - AMENDMENTS

Section 1.  This constitution may be amended by the affirmative vote of two-thirds of the membership.

Section 2.    The membership shall be provided a copy of each proposed amendment a minimum of seven days prior to the meeting at which the amendment is to be voted upon.

Section 3.  No amendment shall become effective until approved by the school administration and the Student Government Association.

 ARTICLE VI - DISSOLUTION

In the event of dissolution, residual assets shall pass to the Fayetteville State Accounting Department.

ARTICLE VII - BYLAWS

 Section 1.    Bylaws shall be adopted as necessary by the majority vote of the membership.

 Section 2.    The membership shall be provided a copy of the proposed Bylaws a minimum of seven days prior to the meeting at which the Bylaws are to be voted upon.

 ARTICLE VIII - ADOPTION

 This Constitution and the Bylaws appended hereto shall become effective upon adoption by the affirmative vote of the organizing membership and upon approval by the Fayetteville State University Administration and the Student Government Association.

JOKES

1. Two accountants are in a bank, when armed robbers burst in. While several of the robbers take the money from the tellers, others line the customers, including the accountants, up against a wall, and proceed to take their wallets, watches, etc. While this is going on accountant number one jams something in accountant number two's hand. Without looking down, accountant number two whispers, "What is this?" to which accountant number one replies, "it's that $50 I owe you."

2. An auditor is hard at work, auditing an airline. The auditor cannot understand an excess fuel consumption on a Detroit to Erie route, for flight no. 420. The auditor calls the pilot and demands an explanation. The pilot replies "It was a late night, snow storm was raging, and I lost my bearings." The auditor demands a statement, "for what?" the pilot asks. The auditor tells him "for lost bearings."