Book review; [News items];

              32 HASKINS & SELLS April
Book Review
Palmer, L . E . , and Bell, W. H . Account­ants'
Working Papers. (New York, The
Ronald Press Company, 1923. 194 p.)
While the names of the authors of this
valuable addition to accountancy literature
are sufficient guarantee that the work is
meritorious, one cannot help but be im­pressed
in examining the book by the fact
that it is essentially helpful. Not only
does the text impress one in the discussion
of theory, but the numerous illustrations
stand out and tell their story in a way
which speaks much louder than mere
words.
The volume is essentially a practical
one, and much of its value lies in showing
how working papers should look, than
which there is no better method of instruc­tion.
This comment applies with par­ticular
force to the subject of consolida­tions.
While something has been written
on this subject in the past, it is doubtful
if anywhere has the matter been treated
from an illustrative point of view as
succinctly as in the present work. The
illustrations are taken from cases where
the work of consolidation is a man's job,
and the authors have courageously gone
the limit in presenting the illustrations.
There is much which might be said
concerning the general excellence of the
treatise, and little fault to be found in the
way of shortcomings. The present volume
is in the same style, size and binding as
Mr. Bell's book on "Accountants' Re­ports,"
is a worthy accompaniment there­to,
and will doubtless be used much in
conjunction therewith.
"Accountants' Working Papers" is dedi­cated
to Mr. Homer A. Dunn, to whom
the authors acknowledge their indebted­ness
for inspiration. Evidence of such
inspiration is seen throughout the work,
reflected in the practical treatment of
various matters. We wish for the authors
the large measure of success which their
painstaking effort merits.
At a meeting of the Chicago Association
of Commerce held in Chicago on January
17, 1923, Mr. G. W. Rossetter was re­elected
chairman of the Ways and Means
Committee of the Association for the
ensuing year.
We are pleased to note that Mr. T. R.
Young, manager of the Denver office, has
been elected president of the Colorado
State Board of Certified Public Accoun­tants
for the coming year.
Mr. E. E. Leffler, manager, Buffalo
office, gave a talk before the Kiwanis Club
of Buffalo, at their weekly luncheon on
February 21, 1923, entitled "Certified
Financial Statements as a Basis for
Credit."
Mr. Leffler has recently been elected
a member of the Advisory Committee of
the School of Business Administration of
the Y . M . C. A . Institute of Buffalo.
PRESS OF WILLIAM GREEN, NEW YORK