Universal Accounting Center
Universal Accounting Center is a privately owned training organization located in Salt Lake City, Utah, United States. Founded in 1979, they offer self-paced home-study courses in accounting, bookkeeping, tax preparation, QuickBooks and marketing that specializes in small business.
History
Universal Accounting was established in 1979. The training center was founded as Universal Training Systems by Alf Bostrom with the purpose to teach students full-charge bookkeeping and accounting. It first functioned under the parent company Metropolitan Business Bureau which Alf began as a financial consulting firm in 1960. Through his experience with MBB, Alf established the business model upon which Universal Accounting would be built. Until quite recently, Universal Accounting was run by Alf’s son, Allen Bostrom.Universal Training Systems initially followed a classroom-based learning model, and the first Universal classroom was opened in Salt Lake City, Utah. Shortly thereafter, several school locations in California, Colorado, New York and New Jersey were opened and franchised.
In 1992, Alf’s sons, Allen and Ken Bostrom, joined his staff, and in 1994, Alf retired, and Allen Bostrom became president and CEO of the newly named Universal Accounting Center. The school has evolved from offering local live courses to developing and selling home-based study materials for bookkeeping, accounting, tax preparation, QuickBooks and marketing. On April 1, 2014, Roger Knecht became UAC's new president and CEO; Allen Bostrom remains as the chair of Universal's board of directors.