The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-03-11

we shall term investlg0tional nc
counting and including audltlng
/ investigations relative to financing
on renrganigutiOns. lncumc-tuN ac'
counting. estate and bankruptcy
accounting and similar Yields and
secondly, cost and Industrial nc.
counting. In the formor group tn,
accountant needs. in addition to- hii
highly specialized training In uc.
counting q thorough knowledge n'
the law OF huRiurfs organization
ana finance and Of the Income tax
Ia cost and industrial a%ccclntinr
he needs 20 combine with his tech
meal knowledge a thorough under
standing OF management and OF
oil kindred subjects. In very fcw
cases Will 2 knowledge of account
ing alone suffice, and the greatest
success In the profession can come
only from a well -roundcd training
ana experience.
In addition the accountant must
have u thorough training IN Eng b.
lish. for 10 is the almost universal
opinion Of mon nt the top or the
accounting profession that % young
man entering accounting al rise
lust res high az he has the ability
60 express himself In his reports
&C. his firm or "a his clients. Some
accountants may feel chat English
is uon-esscntlul. hut these usually
urc the men who never have heon
ana perhaps never win he known
~ leaders IN their profession or aq
men who are able 20 impart most
satisfactorily To their clients in
formation concerning She business
of clients. only recently "A we'll
known Boston business man made
the statement thar u was n pleas
urc % have "a certain accountant
do DIS work. because that account
ami. WINS able TO talk to l.lh about
his business Ia terms other than
figures alone.
Having completed his training
fhc man taking up accounting must
choose the field OF accounting he
will enter. The fields open are.
for tho most part, ta) public nc
counting tht private employment
with a corporation OF other tyne ct
huf moss organization. and Cc)
university teaching. one Of the
greaI est difficulties that seems Ia
confront the young man desiring
90 enter public accounting g. that
81 N|"NHNNNNAANh NNNNNHNNN ANAHNNNH ~ o. ~
the experience OF most largo uni
vorsity schools OF business, 7 be-
licve, thnt their graduates not only
ARE placed but oftcntimos the de-
mand exceeds the supply. Expert
once g. not only valuable hut abb
8uluttiy essential TO successful
work IN public accounting. and
every young accountant should
strive 10 obtain that experience q,
rapidly ms possible The young ac.
%countant should also seek That roc,
opnifion which comes from rcceiy.
INK tho certificate OF q certified
public accountant from such lead.
INK states as New York. Massa.
chusettA Or many Of the ofhci
states % the country. or from DO.
INK gututcd a certificate by IN,
American Institute lof Accountants
This hitter certificate viii prob
ably Ina the future a. wen NOR,
20 the man entering public oc'
counting than the G.. l.. A. cortl.
ncnte from the hest Of the states
The opportunities FOR service In
public accounting nro manifold
and during tho recent war vulua-
bic services were rendered by
many lcadlng public accountants
who filled important positions In
the Internal revenue and treasury.
war ard navy departments and In
other capacities. In Great Britain
30 valuable were the services rem
dcred by public accountants dur
ing the war that In % single firm
five OF the eight London partners
vera knighted Furthermore. some
one has recently computed that OF
the published corporation reports
m lrading financial manuals only
about 8 per cent woro certified by
public accountant, 20 the develop
mont In this field may he snid "a
be almost unlimited. Any man
therefore, who enters the profcs'
sion 81 public accounting with d
desire to he OF service elthoP Z,
his clients or 20 the public will
find unboundcd opportunities.
The financial rewards nre large
" what the m has the ability
and inclination 20 mako them Thi
beginning Junior may consider
himself fortunate 10 receive yl0j
TO $3.50 "a month, and the latter
figure viii mean very spcciR
training for his work. By m,
timo he obtains his American IN.
Ftitute or g. y. a. certificate hs
can probably count on an incomt
Of three 20 i've thousand dollars
and In some cases perhaps more
The figures, then. run anywhere
from those 20 thc estimate ~reccnti1
made by thee Journal OF Account,
ancy that there we're one hundred
or more public accountants IN 10,
United States each Of whom has
an annual income Of more thLi
one hundred thousand d0TlarH. Tn
doubtodiy some OF these incOmrl
amount TO several times that ffg
ure. The profession is not with
out It's financial reward. though NJ
greatest reward Is tine satisfaction
which comes from dolnR well one
chosen work and In serving tn
community about one.
In private employment az a cor
q %nornfinn accountant there u
wonderful opportunity. a. state,
previously. for anyone who know
more than figures. For the maj
who can rise 10 a coht"aiierahil
or 20 n t-reasurership. who has IN.
ahiiily and the Fundamental
knowledge OF business condition
20 swing the ion. the oppnrtuni
ties are unlimited. Many prcsen
corporation controllers and treas
4 urerf were trained n@ public nc
counting men but whether N
training q received within or with
out che corporation Is largely I'm
material-the essential thing