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date: 25 November 2020

Lasser, Jacob Kaylocked

(07 October 1896–11 May 1954)
  • Paul J. Miranti
  •  and Leonard Goodman

Extract

Lasser, Jacob Kay (07 October 1896–11 May 1954), certified public accountant, was born in Newark, New Jersey, the son of Morris Lasser, a merchant, and Rebecca Traub. His parents had emigrated from Austria-Hungary during the 1880s. Lasser’s early success was due in part to his academic achievements, which went far beyond the high school education that was the norm among contemporaries who began careers in public accounting in the 1920s. From 1915 to 1917 he studied accounting at New York University part-time while working as a factory bookkeeper. During World War I his training was temporarily interrupted by his induction into the navy, where he served as a crew member on a submarine chaser and later as a compliance verifier for government contracts. After the armistice he resumed his studies at Pennsylvania State University, receiving a bachelor’s degree in mechanical engineering in 1920 and a master’s degree in industrial engineering in 1923. While pursuing his engineering studies Lasser passed the certified public accountants’ licensing examinations in New York and New Jersey in 1921. Later he also became certified in this profession in California and Illinois....

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