Marquis G. Eaton is best known for his exceptional contributions of time and talent to professional accounting organizations at the local, state and national levels. Eaton was president of the Texas Society of Certified Public Accountants from 1953 to 1954, and the San Antonio Chapter from 1942 to 1943. While serving with the San Antonio Chapter he was a member, or chair, of committees that dealt with accounting principles, federal taxation, and relations with the bar. He also served on the Texas Society of CPAs board of directors and executive committee. Eaton chaired the CPA group serving members of the Texas Conference of Lawyers and Certified Public Accountants.
Eaton strongly believed that Society should play a constructive role in improving accounting practices by offering services to practitioners and developing and advocating positions on accounting issues. He was associated with the American Institute of Certified Public Accountants for over 25 years. He was president from 1956 to 1957, vice president from 1951 to 1952, and a member of its council, executive committee, editorial board, and trial board.
Marquis G. Eaton died February 23, 1958, a few months after completing his term as president of the AICPA. He was posthumously awarded the 1958 Gold Medal of the AICPA, and inducted to the Accounting Hall of Fame in 1959. In May 1958, family and friends established an endowment in his memory, the Marquis G. Eaton Accounting Education Fund, at the University of Texas at Austin to be primarily used for student scholarships.
Eaton was a prolific writer. He penned many articles for professional journals, technical papers on tax issues, and articles on the conduct of accounting practice. View the video below to hear current Department of Accounting Chair, Lillian Mills, read a few passages from Eaton's speech on Public Accountancy.