Journal Article Thomas Joplin and the Theory of Interest Get access Ronald L. Meek Ronald L. Meek Glasgow Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 18, Issue 3, 1950, Pages 154–163, https://doi.org/10.2307/2295975 Published: 01 September 1950

Journal Article Three Versions of the Φ-Surface : Some Notes for a Comparison Get access G. L. S. Shackle G. L. S. Shackle Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 18, Issue 2, 1950, Pages 119–122, https://doi.org/10.2307/2295800 Published: 01 April 1950

I. Point of view, basic assumption, and source of data, 15. — II. Determination of average corporation tax rate, 20. — III. Rate of individual income tax, 22; (a) six broad categories, 23; (b) size classification, 24; (c) representativeness of the average taxpayer, 24; (d) average total income of a class, 27; (e) rates of tax on total income, 27; (f) rates on corporate net income, 32. — IV. Certain policy implications, 35; (a) two factors causing inequity, 36; (6) exploitation of stockholders having low net incomes, 40; (c) complete cure of inequity, realized-income basis, 43; (d) the taxation of income not realized by stockholders, 47; (e) taxing stockholders as partners, 50; (f) partial cures of inequity, 53.

Abstract Standard cost accounting began as a specialized branch of accounting, in a large degree divorced from the main roots, the general accounts. Gradually, over the years, accountants have endeavored to utilize the benefits of standard costing within the traditional debit-credit system. In the process of integrating this new tool with the methods and aims of financial and cost accounting, the attempt has been to retain the aims originally set forth for standard costing and the aims originally established for financial accounting, unchanged, on a parallel or complementary footing. The principal goal of this paper is to place standard cost accounting, its aims and methods, in proper perspective within the scheme of accounts. The attempt is to show how maximum benefits from standard costing may be achieved by a process of integration with financial accounting, an integration particularly of aims. A further goal is to indicate the usefulness of standard costing to the newly accepted objective of cost accountants, the accomplishment of special cost studies.

Abstract Reviews the book "Standardised Audit Working Papers," by Frederick Staples.

Abstract Reviews the book "The Statistical Agencies of the Federal Government—A Report to the Commission on Organization of the Executive Branch of the Government," by Frederick C. Mills and Clarence D. Long.

Abstract Reviews the book "Introductory Accounting," by George R. Husband and William J. Schlatter.

Abstract Accountancy education, one of the newer fields of professional training, has developed rapidly in the United States in an effort to keep pace with the growth of the profession itself. If the accounting profession is to maintain its position of responsibility and respect, accountancy education must be maintained at a high level. The rapid growth of accountancy education in the past fifty years has resulted in a wide variety of types and levels of training. In 1945 there were at least 137 colleges and universities, recognized by state, regional, or national accrediting agencies, which had established schools of business. With the expanding scope of responsibilities of the accountant, the need is not for more accountants, but rather for more thorough and intensive preparation of those who do enter the profession. The State of New York has recognized the need for higher standards of professional preparation, when the requirement of graduation from an "approved" college was made a prerequisite to the CPA examination.