San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-02-17

The auditing work of the majority
of San Antonio's commercial business
houses is done by the Perry L. King
Auditing Company. offices in the Gun
ter building, reports show. Perry i.
King, president-manager started this
business November II, 1920. 1t was
chartered November IL, 1922. He re-
ceived most of his training and expert
ence in the employ of the Public Ser
vice Company, where he held the posi-
ton as manager of the auditing de-
partment for number of years. Be
sides furnishing income tax service,
statistical reports, and new systems,
this company assists managers to
properly organize and control bust
ness. The Perry l.. King Auditing
Company has clients in practically
every town in Southwest Texas.
The auditing business here was ex-
ceedinglyN, slow up to two years ago,
Mr.. King says, for people in the South
have only recently began to realize its
value and the service it renders. Prob
ably the reason for this, Mr.. King
says, is that no one has tried to de-
velop it until only recently and some
who have endeavored to organize au-
diting companies have been somewhat
inexperienced.
An Aid To Managers.
In order to secure proper organiza-
ton and control of their business,
hundreds of managers are calling
upon the Perry l.. King Auditing
Company for consultation. When this
IL,
new system on which to operate a
business or to improve OH the old one.
the first thing it does is TO analvze
the prior years or months business.
In doing this, the books of Int year
or month are carefully audited, or
abling the expert auditor to thorough
" familiarize himself with the sys-
TEN on which the business has been
operating. Then the auditor offers
suggestions in which he shows The
manager of the business mis- mistakes
and offers advice as to reducing OK.
penses and unnecessary detail work.
and also picks out The leaks" in q
business system.
Besides recognizing business con
Germs that are on an unstable basis.
MIR. King says ar0the. function of
his business is to keep 4 healthy lusi-
ness healthy.
Mr.. King began lis career rs an
accountant in 1901. when h. secured
employment with the Public Service
Company, wn re al that rima. lie held
one of the smallest jobs in that COM
pany's accounting department. But
when reSigning his position with thu
Public Service Company in 1921, in
order to begin a business of his own,
he held the distinguished title as
manager of the Public Service Com
pany's auditing department, where he
handled the financial part of the
company's business for n number of
years. When he was first employed
by the Public Service Company it
was valued at less than $1.000.O00
The year he resigned it was valued
at more than $11.j00.O00.
Began Business In 1920.
He began business for himself on
November II, 1920. During two years
of business here, which were its first.
the Perry L. King Auditing Company
Prew so rapidly that its manager
deemed it necessary to incorporate and
sell stock. The stock. however, was
sold only to employees Of the com
rany, Mr.. King says, the purpose of
which was partly to permit the en-
ployes to feel that they were part
owners of the business. and causing
them to have renewed interest in the
work. The Perry L. King Auditing
Company is able to guarantee salts
faction TO its clients who are its best
advertisers. Mr.. King says. His bust