Accounting research association, INC. ("ARA") was organized to promote the progress and other aspects of professional accountancy; to provide funds for studies and research in regard to principles and standards of the accounting profession in conjunction with the aicpa and others; to directly or indirectly disseminate the results of studies, surveys and related projects designed to improve accounting, auditing and other aspects of accountancy; and to engage in or sponsor ANY other proper and lawful activity as may be considered to the general welfare of the accounting profession.