ABSTRACT
The enormous expansion and increase of taxation has brought to the profession much land for cultivation, which has yielded in manner out of all proportion to the loss of work which it was at one time thought might have ensued by the appointment of a Public Trustee. With but few exceptions—and these must ever be present to prove the rule—the response of accountants has added much prestige to the youngest of the professions. Quite apart from the commercial aspect, invaluable help has readily been given to the country, and the benefit to the population generally has been incalculable. The equation of correct assessment throws an enormous responsibility both on the shoulders of the Inland Revenue and on the taxpayer, and in a greater degree upon the accountant. The Inland Revenue are able to look after themselves, and the taxpayer may transfer most of his worry to his adviser; but the position of the accountant is a peculiar one.
