Knowledge that Transforms

Abstract Reviews the book "Experimental Psychology in Industry: Selected Readings," by D.H. Holding.

Abstract The article focuses on innovations in an elementary accounting program. The rapid growth of student enrollment at Northern Illinois University has initiated a challenge to the Department of Accounting to provide effective and yet progressive instruction in elementary accounting for a prospective 1,250 students per year. The article summarizes 6 major innovations of the program. Assisting the Director in planning and organization of the Elementary Accounting Program and in the teaching and evaluation of student performance is a staff of 20 carefully selected graduate assistants who are pursuing the MBA or MS in Accountancy. In conjunction with their teaching assistantship, the graduate assistants enroll in Accountancy 539, a three-hour graduate seminar entitled, Improving Instruction in College Business Courses. The seminar commences with a four 4-day, preschool workshop. The workshop includes instruction in the mechanics of the program, objectives of accounting education, the learning process, various teaching methods and aids, techniques of teaching, handling student differences, and demonstrations on the various teaching approaches.

Abstract Reviews the book "Financial Accounting: An Input/Output Approach," by William J. Schrader, Robert E. Malcom and John J. Willingham.

Abstract Reviews the book "The Future of Accounting in a Changing Society," by Norton M. Bedford.

Abstract Abstract Problem recognition and formulation are usually more difficult than problem solution. However, problem recognition situations are difficult to devise, and educators in most cases seem to rely on structured problems or other prescription approaches. During the past two years a computer-simulation project has been used in auditing classes at the University of Wisconsin, principally to provide an unstructured approach to the study of sampling and confirmation techniques. This paper provides a description of such a simulation.

Abstract Reviews the book "Financial Accounting," by Walter B. Meigs, Charles E. Johnson and A.N. Mosich.

Abstract Reviews the book "Planning for Innovation Through Dissemination and Utilization of Knowledge," by Ronald G. Havelock.

Abstract This article presents information on the report of the Committee on Accounting Practice of Not-for-Profit Organizations of the American Accounting Association. The nature, scope, and significance of not-for-profit (NFP) organizations have been undergoing significant changes in recent years. Governmental, religious, educational, health and welfare, charitable, and similar organizations have emerged, individually and collectively, as major economic, political, and social forces in the society. The objectives of accounting are to provide information for the following purposes making decisions concerning the use of limited resources, including the identification of crucial decision areas and determination of objectives and goals, effectively directing and controlling an organization's human and material resources, maintaining and reporting on the custodianship of resources and contributing to the effectiveness of all organizations, whether profit-oriented or not, in fulfilling the desires and demands of all society for social control of their functions.

Abstract The article presents information related to the department of accounting in various universities in the U.S. In the University of Arizona, Jim G. Ashburne of the University of Texas at Austin is a visiting professor for the Spring Semester 1971. Edwin A. Bump, who completed doctoral work at the University of Missouri, joined the faculty as an assistant professor in September 1970. Taylor W. Foster, who is completing doctoral work at Pennsylvania State University, will join the faculty as an Assistant Professor in September 1971. At the California State College at Fullerton, new faculty for the academic year 1970-71 include Robert W. Vanasse, professor of accounting, previously on the faculty of Ohio State University; Donald J. Barnett and John F. Williams, assistant professors. Robert A. Meier, Chairman, represented the Department at the Faculty Seminar in Palo Alto sponsored by the California Certified Public Accountants Foundation for Education & Research in August 1970. At the DePaul University, Helene Ramanauskas has taken a leave of absence to study quantitative methods at the University of Georgia.

Abstract Reviews the book "Accounting in Perspective: Contributions to Accounting Thought by Other Disciplines," edited by Robert R. Sterling and William F. Bentz.