This article is reprinted from The Canadian Chartered Accountant.
It is the winner of the Walter J. McDonald Memorial award, given for
the best article to appear in that publication each year. The
decision of the judges was unanimous. The Disintegration of
an Information Service
Neil Milroy, C.A.
ALTHOUGH ACCOUNTING is usually regarded as having a
restraining influence on wasteful practices, it is sometimes
disturbing to find that a limited concept of its function in
corporate life is often directly responsible for one of the
most insidious causes of waste in many companies: inadequate
This a r t i c le
is not reproduced
i n the
due to copyright
r e s t r i c tions
Neil Milroy is director of Management Controls with our
Canadian Firm. He has been responsible for the designs
and installation of a great many management control and
cost systems and has also been involved in organization
studies, profit improvement programs and general reviews
of clients' operations. He has written articles and has given
numerous lectures on integrated control systems, management
accounting, direct costing and other subject of interest.
Mr. Milroy obtained his Bachelor of Commerce degree
from McGill University in 1948 and his C.A. degree
from the Quebec Institute in 1952. In 1957 he received
a diploma in Management and Business Administration
from McGill. He is a member of the Quebec Institute
of Chartered Accountants, the Financial Executives
Institute, and the National Association of Accountants.
T H E QUARTERLY