Book review; [News items];

              96 HASKINS & SELLS December
Book Review
Koehler, Theodore. The Accounting
Mentor and The Accounting Quiz-Answerer,
constituting volumes I and XII, respec­tively,
of an encyclopedia. (New York,
The Tri-service Accounting Corporation,
1922. Vol. I, 421 p., Vol. XII, 323 p.)
One is almost tempted to liken the first
volume of these works to "The Print of My
Remembrance," by Augustus Thomas, so
sort of reminiscent is the style in which it
is written. It is a fine book to read in a
chair beside the fire when the quest is for
entertainment as well as knowledge. The
philosophy which runs through the pages
gives it a human touch so seldom present
in technical exposition. Similes there are
in abundance; illustrations without num­ber.
The book is exceedingly well written
in clear, understandable English. Fur­thermore,
it contains a lot of practical
information relating to accounting, both
general and special. Some of the out­standing
chapters are as follows: Account­ing
statistics, balance sheet and revenue
good-will, municipal budgets, on-cost and
accounts, genus and species of accounts,
overhead charges.
Volume twelve, the quiz-answerer, in
which Theodora Koehler collaborates, deals
substantially with the four traditional ex­amination
subjects: theory, practice, audit­ing,
and commercial law, utilizing for the
discussion questions taken from C. P. A.
examinations. The method is somewhat
novel and unique in that the discussion of
each section of questions is preceded by a
so-called "The-mo-dex" which epitomizes
the theory of each question and argument.
There is some sound advice toward the end
of the volume as to the use of spare time,
particularly the evening hours. A well
arranged index by subjects adds to the
facility in using the book for reference
purposes.
We have pleasure in announcing that
Mr. F. M. McDonnell, formerly assistant
manager of the Los Angeles office, has
been appointed manager of that office,
effective December 1, 1922.
At a regional meeting of the American
Institute of Accountants held in Cincin­nati
on November 11, 1922, Mr. E. C.
Gause led a discussion on "Determination
and Treatment of Inter-Company Profits,"
and Mr. J. R. Wildman read a paper en­titled,
"Consideration of the Sinking Fund
Method as a Basis for Amortizing Fran­chises."
Mr. G. R. Lamb acted as chairman of
the local committee, which presented an
unusually interesting program.
We are pleased to note from the Railway
Age of October 28, 1922, the appointment
of Mr. T. A. Hamilton, at one time mana­ger
of our Saint Louis office, as President
of the International & Great Northern
Railway.
PRESS OF WILLIAM GREEN, NEW YORK