The by-laws of The Academy permit two classes of membership: regular and life. They stipulate that "Scholars of distinction in accounting history may be designated life members. Selection of such members shall be made by a committee of members and Trustees appointed by the President of The Academy and its recommendations shall be subject to approval by the Board of Trustees.
Accounting Historians, Academy of
"Academy life members,"
Accounting Historians Notebook: Vol. 6
, Article 8.
Available at: https://egrove.olemiss.edu/aah_notebook/vol6/iss1/8