Abstract Reviews the book "MIS in Action," by Robert G. Murdick and Joel E. Ross.

Abstract This article focuses on the accounting curriculum of the School of Business at the University of Colorado, Boulder, Colarado. The faculty of the School began to take a long, hard look at the curriculum which it was offering. Undoubtedily this has been done almost universally by the faculties of schools of business across the U.S. since the publication of these two studies. After long and careful study by the faculty of the School of Business at the University of Colorado, several basic changes have been instituted in the course of study. In order to appreciate the changes which have been made, it will first be necessary to explain the program as it stood originally. The School of Business is a two-year, upper-division school with students being required to take 60 semester hours of work outside of the School, and another 60 semester hours of work within the School in order to fulfill the requirements for graduation.

Reviews the book "Accounting Systems," by Cecil Gillespie.

Abstract The cash budget is probably the most basic of all budgets for the small manufacturer. The cash budget can serve a multitude of purposes. It not only can help to assure adequate cash resources but also it can serve as a sort of expense budget of the business. In this way, several budgets have been rolled into one.

Abstract Under a system of free enterprise, profit is essential to the continuation of business. The effectiveness of management is therefore, judged by its ability to maintain constant earnings. Accountants have frequently defined earnings or profits as the residue remaining after matching costs against related revenues. To alter this profit picture, two possible courses are open to management: (1) either increase the sales income, without a similar increase in costs, or (2) reduce the costs endeavoring to keep the sales income constant. In order for a manufacturer to increase his sales, he must first try to determine what the future may hold for his business in so far as the demand for his product is concerned, and then to plan the activities of the business to capitalize profit-wise on the increased sales. In order for the business executive to forecast business activity, there are certain fundamentals which should always be considered. The past experience of the business concerned is of paramount importance. The sales records of the company are the source for all this type of information. The economic condition of the business, the industry and of the country should also be considered. Also the type of industry will have significance due to the type of market demand which it may have.

Abstract Reviews the book "Accounting Education: New Horizons for the Profession," edited by Donald H. Skadden.

Reviews the book "Fundamental Accounting Principles," 4th ed., by William W. Pyle and John Arch White.

Abstract The article reports on recommendations made by the 1964 American Accounting Association Committee on Teacher Development regarding methods and approaches for development of individuals with no teaching experience who aspire to be career accounting instructors. A good teacher should restrict subject matter to be presented in a course to the level of the students' comprehension. At the same time he should stress the relationship of accounting to other fields of business and economics. Accounting teachers must be able to explain accounting. The explanation must be clear, to the point, and adequate. Teachers can identify significant concepts that should be understood and remembered, so that student learning efforts can be channeled to subject-matter areas of major importance. The committee was charged to be primarily concerned with three groups of teachers--doctoral candidates, beginning part-time teachers, and newly-employed staff members with no prior experience in teaching. Doctoral candidates who expect to become teachers should have some carefully supervised teaching experience when pursuing graduate studies.