The Washington times., 1918-09-05
NEED FOR TRAINING
IN ACCOUNTANCY

Men who want to know what to do
20 succeed in business can secure sub
stantial and Trustworthy advice from
the Government and from large bust
ness establishments. The advice is
substantial, in that It does not con-
sist OF words, but OF what the Gov
eminent and these business houses
are doing today. 1t is Trustworthy, in
that large issues and much property
depend upon those things which are
being done.
The kind OF men selected for leader
ship in the business side of the war
Is a reliable index to the kind OF men
business now needs and will con-
tinue to need. Upon whom does the
Government place the responsibility
Tor the performance OF the big bust
ness tasks OF today? Which class OF
men Is in most demand to promote the
efficiency now exacted OF business or
CARNATIONS? How did the men now
entrusted with these tasks secure
their training? Answers to these
questions give a valuable clue as to
aow a young man should plan his
business career.
ACKNOWLEDGEMENTS Men Land.
OF all the classes Of men whom the
Government has entrusted with execu-
tive posts, the accountancy-t trained
men. are in the majority. By "Ac-
countancy-trained men" do not mean
men who merely understand book
keeping
AS an illustration, some ability is nee
essary to draft military map. to direct
strategic and tactical movements on the
basis OF the facts disclosed by the map.
There is a wide difference between the
ability Of the subordinate who prepares
these maps and that OF the general who
directs. A like difference exists between
the bookkeeper and the accountancy-
Trained man. Important executive posts
are given by the Government to &C
eountancy-trained men. because they
are familiar with the strategic and
tactical phases OF business.
This work divides generally into three
hnds-that connected with purchases
and stores. that connected with
organization, and that connected with
the financing Of, the war.
In Every Departnent.
Practically every department concern
"a with providing materials for the con-
duct OF the war has enlisted the services
Of aecountancy-traIned men. Much Of
this material has been purchased on
what IL known as the coSt-plus basis
One accountancy-trained man is in
charge OF the checking Of these cost.
plus contracts for the War Department
Within period Of three months, this
man has rendered decisions on some
SoOo questions. Each OF these questions
involved large sums OF money as be-
tween the Government and the con-
tractors Two divisions Of the Govern
ment recently attempted to secure ac-
countaney-trained men for various pur-
poses through the civil service. The
positions offered were the highest paid
OF any positions that have ever been
secured under the civil ssrvice-siEnifi-
cant proof Of the substantial reRard in
which the business ability Of account
ancy-trAined men is held.
This war emergency has necessitated
the organization Of new boards and
commissions in the Government Many
o. these have been organized under the
direct supervision Of accountancy-trained
men The ability of accountancy-trainSd
men as business Organizers Is also rec
ogniSed by many OF the Organisations
aesisdnk In the conduct Of war-sucb
a. the Red Cross.
Finance Is a subject with which the
accountancy-trained men must he
familiar. Accordingly, they have as
sisted the Government in taxation mat