ABSTRACT
Two questions are certain to be asked regarding any new textbook in accounting: (1) Does it present any new material not included in previous works? (2) Does it utilize a new method of approach to the subject? Mr. Rorem’s book furnishes no great amount of new material, although offering a particularly good selection of the recognized material, but it does offer an approach to the problem of accounting technique which, if not entirely new, is at least a distinct improvement on the somewhat haphazard sequence of presentation followed by many authors in this field.
