Reviews two books on accounting. "Accountants' Index, Tenth Supplement"; "Bibliography of Accounting and Tax Articles," by Cecil E. Coe.

Abstract An examination of American accounting literature indicates that five methods have been used to solve accounting problems requiring the preparation of source and application of funds statements. These methods are: (1) comparative balance sheets, (2) working sheets, (3) "T" accounts, (4) schedules to show changes in certain accounts, and (5) no formal papers. The purpose of this article is to indicate the present state of development of the working sheet and the "T" account solution methods and to illustrate a new working sheet approach which is believed to be superior to other methods. The problem in Exhibit I that is used in this article for illustrative purposes was given on the November 1951, Uniform Certified Public Accountants Examinations Accounting Practice. The primary objective of this article has been to illustrate a simple working sheet plan for the quick solution of source and application of funds problems. The working sheet proposed here is easy for students to learn because it uses straight-forward entries instead of reversing entries. Furthermore, it enables a person to work a funds statement problem in less time than is required by conventional working sheets, "T" accounts, or schedules. It is vastly superior to the haphazard plan that makes use of marginal notes on the problem sheet itself without the use of formal working papers.

Reviews the book "The Finances of a Church," by Robert Cashman.

Reviews the book "Studies in Costing," by David Solomons.

Reviews the book "Classification in Accounting," by A. A. Fitzgerald and L.A. Schumer.

Reviews the book "New Perspectives in Organization Research," by W.W. Cooper, H.J. Levitt and M.W. Shelly.

Abstract Data processing can be defined as treating or preparing data by some particular method to obtain desired facts and to produce reports. Business data processing is much broader than computing alone and the requisite equipment for it involves the people, procedures, and communication network to cover the gamut from data origination to report utilization. Accounting instruction in data processing should deal with existing problems rather than futuristic problems and rely upon an evolutionary approach. The instructional objectives of a course in business data processing are to define and delineate the area; to show what is possible; to give an awareness of the problems involved; to describe the experience of others in systems analysis, design and installation and to develop skills in computer programming including the use of programs prepared by others, if well understood. The committee recommends that accounting departments introduce courses dealing with business data processing and new equipment developments.