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The Competitive Advantage To Start Your Accounting Business

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Universal Accounting Center
Accounting Training Specialists Since 1979
5288 South Commerce Drive
Salt Lake City, Utah 84107
801-265-3777 office
801-265-3798 fax
Universal Accounting Corporate
uacinfo@universalaccounting.com
If it's about Accounting, it's Universal

Universal Accounting Center History

30 YearsSince 1979 Universal Accounting Center has been committed to promoting the role of accountant and tax preparer in business.

In 1950, the founder of Universal Accounting, Alf Bostrom began a financial consulting company, which eventually established the business model for Universal Accounting. Metropolitan Business Bureau Incorporated provided complete business and financial management, organization, and consultation. For a percentage of potential future profits, he managed failing businesses, many on the brink of bankruptcy, and promised to turn them around using his own capital and lines of credit. What business owner wouldn’t take that offer? Alf didn’t earn a dime unless the business became successful.

Many businesses were in need of finding ways to control finances, and find personnel to run their internal processes effectively. However, few professionals understood enough about the complete accounting process to fill these needs with any degree of effectiveness.

As an individual contractor, Alf would step into the CEO position within a company and set up a fully functioning management system, complete with accounting and bookkeeping, and the trained personnel to manage it.  Unfortunately, he found that most of the graduates he interviewed did not understand the full accounting process.

He also found that training each individual was not an efficient use of his limited time. In order to focus his efforts and maximize his time, he developed a system to train these individuals collectively, in a classroom setting, and give them the knowledge base to run the company successfully.

He designed a system of instruction for full-charge bookkeeping and accounting. In 1979, Universal Training Systems was born, and functioned under the parent company, Metropolitan Business Bureau. Over the next few years, the training of individuals took on a life of its own—Alf’s time was split between managing companies and training professionals.

Most of his students were graduates from the University of Utah who had earned their Master’s Degrees, but they were not receiving full-charge bookkeeping knowledge as part of their education. With his new comprehensive, live training he gave them the experience and knowledge to competently manage accurate and functioning accounting systems. He quickly learned that, by adding some accounting basics, he could teach anyone, regardless of their experience or education, how to understand and manage the full accounting system for small businesses. His training system gave hands-on experience in the daily operations for a variety of industries, making it one of the most valuable training programs available, without requiring years of study.
Over a period of several years, schools were established and operated in several California locations, including La Mesa, San Diego, Escondido, Irvine, and San Marcos, and also across the US in Denver, New York, and New Jersey.

In 1994, Alf and his wife Betty officially retired, and Alf’s son Allen Bostrom took over as CEO of the newly named: Universal Accounting Center.

Since 1994, the school has evolved from offering local live courses to selling and supporting home-based study materials for bookkeeping, accounting, tax preparation and marketing for small-business accounting services. Universal also offers instruction in QuickBooks, the market’s leading accounting software. Over the last ten years, Universal has grown from a five-person operation to over 50 employees.

Currently Universal Accounting takes on these roles:

  • We assist accounting and tax firms in building more profitable client bases.

  • We help individuals start and enhance their careers in accounting and tax so that they can receive the promotions that they deserve and earn what they are worth.

  • We take businesses from red to black so that they can be successful and increase their profits.

Universal Accounting believes that the role of accounting is a proactive one. The accountant should be the Growth and Profit Expert; regular accounting is the asset that every business needs in order to be profitable. Universal Accounting is committed to creating a positive paradigm shift in the role that accounting plays in business.

Remember; "Accounting Success is Universal"

Profitable Accounting Business


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