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Parking problems. Gary M. Cademar-tori, Newark staff accountant, phoned his wife, Pat: "I'll be home late. My car was just hit by an airplane in the Bendix parking lot." It all happened one afternoon when Gary was on assignment at the Eclipse Pioneer Division of Bendix in Teter-boro, New Jersey. A single-engine private plane used for instruction was approaching the Teterboro runway for a landing. The approach pattern is over one of the Bendix plants, which is directly opposite the runway. A girl student pilot was at the controls. The first inkling of impending disaster occurred when a 60-year-old Bendix employee who was facing the plane's approach noticed it heading directly for the building and him. The agile gentleman established a new course record for the Bendix aisleway from the window to the rear. The plane engine faded out. The pilot crash-landed the plane on its nose with the help of her instructor and one rabbit's foot. The plane landed in one of the Bendix parking lots between a row of cars just 20 feet from the general accounting section where Gary and other H&S staff accountants were working. Gary raced to the window and saw that he was double parked next to an airplane. The only damage to his car was a dented rear panel and some scratches. The total casualty list: 10 cars, uncounted shattered nerves and one smudged lipstick. Bepairs were made on the lipstick before the pilot left the cockpit. Help for the layman. Do financial reports mystify any of your friends— your wife, for instance? Here are two publications that are particularly good at explaining financial statements to the uninitiated: "Understanding Financial Statements" (write for Small Business Advisory Service, Vol. 7, No. 11, Bank of America, San Francisco, California 94120). "How to Bead a Financial Report," originally written with the help of Harold V. Petrillo, H&S partner (write to Merrill Lynch, Pierce, Fenner & Smith, Inc., 70 Pine Street, New York, N. Y. 10005). We Scene Outstanding alumnus. Recently transferred to the Executive Office, partner Michael N. Chetkovich has been named first "Outstanding Alumnus of the Year" by the Schools of Business at the University of California in Berkeley. Chosen by a faculty committee, Mr. Chetkovich was honored "in recognition of service to and interest in the accounting program of the Schools, and on the basis of personal achievement as an accountant." This award, to be made annually, will be recorded on a plaque in the offices of the Schools. Automated tax returns. This spring 31 Haskins & Sells offices in the U. S. were assisted by computers in the preparation of clients' personal income tax returns. The project is still quite experimental. With the bugs worked out, however, it could be most effective. T. Milton Kupfer, Executive Office partner responsible for coordinating the Firm's tax practice, explained: "After the needed data is carefully analyzed and classified by us, it is fed into the computer, which delivers a return completely filled out in print." Was each return then ready to go to the Internal Bevenue Service? "Well," said Mr. Kupfer with a wry smile, "we did check each return—just to make certain we got back what we sent in." Cash awards for DPH&S papers. The Executive Office has announced the completion of plans to make at least one cash award each year for papers by authors on the staff of Deloitte, Plender, Haskins & Sells offices. "For the past twelve years," said an E.O. letter to partners-in-charge of DPH&S offices, "we have been making annual cash awards for the best papers presented before audiences or published in journals by members of Haskins & Sells staff. . . . Of the papers prepared by staff members eligible for an award during any year, a number are published in our annual volume of Selected Papers. This book also includes papers prepared by some of our partners and, from time to time, articles prepared by DPH&S personnel when these have come to our attention. . . . "We believe," the letter continued, "that Selected Papers would be a more useful volume if it led our readers to a better understanding of accounting thought in other countries as well as our own and that this objective could be achieved, at least in substantial part, if a greater number of papers by DPH&S authors were included." The amounts of the awards for the best papers "would be within the dollar range of the awards made each year to H&S staff members." The H&S awards for papers published or delivered between October 1, 1965, and September 30, 1966, were $750, $500, $300 and $200. 9 Copyrighted -- License from Black Star