ABSTRACT
The Institute of Accounts, the speaker continued, stands for much more than is commonly understood. The general uplifting of the science and the art of accounting is very generally lost sight of in the work that they attempt to do for the individual. The idea of development, evolution, or invention, applied to accounting, seems to have very little lodgment in his brain. The ledger keepers will then only be in a position to tell whether their ledgers balance on submitting the balances to the accountant. The system of accounting in municipal industrial enterprises is a matter of the very greatest importance. Professor Charles W. Tooke, of the University of Illinois, spoke on “The Accounting of Public Service Industries. Accountics is devoted to the Science of Accounting to the Art of Bookkeeping and to the advocacy of improved Office Methods. The successful working out of the scheme depends in part upon an adequate accounting plan and its proper bookkeeping equipment.
