Managing Partner Touche Niven
When Scotsman Philip Ross settled in Montreal in 1858, accounting was so new to Canada that only two other accountants were listed in the Montreal directory. For years, accounting work was so light that Ross supplemented his income by working as a ship's chandler.
In 1879, Ross and his friend James Court gathered 11 other accountants in Montreal's Mechanic's Hall. The group determined to bring order to the profession by forming an association and seeking a charter that would allow them to restrict the use of the term "chartered accountant." On July 24, 1880, the group created the first accounting society in North America. Ross served as its president from 1883 to 1896.
Not only did Ross contribute greatly to the field of accounting, he dedicated much of his life to serving his community. While living in Montreal, he established the Montreal Sailors' Institute to provide entertainment and assistance to sailors. So sincere was his dedication to the Institute that when it was facing financial failure, Ross paid off all of the group's debt out of his own pocket.