The article discusses various ways to increase the productivity of college teaching. An important and obvious way to meet the challenge of increased enrollment will be to increase the productivity of teachers. The commonest of all means to increase output is to improve and add to the worker's tools. The techniques of radio, television and particularly the moving picture, can greatly amplify the effectiveness of work. In addition to improvement of classroom facilities, the improvement of office facilities will go far to relieving teaching talent of diversionary demands on time and effort. In order to make available teaching talent and effort for the main task of teaching, it is essential in most colleges and universities that teaching staff be provided more adequate assistance from office staffs. Teachers should be better trained and better supervised, that involves class observation by administrators and fellow faculty members for the mutual information and improvement of the observed and the observer.

Reviews the book "Standards of Education and Experience for Certified Public Accountants."

Reviews the book "Other People's Money," by Donald R. Cressey.

Reviews the book "The Case Method at the Harvard Business School," by edited by Malcolm P. McNair.

The differences between taxable and business income are so numerous and important that the two concepts must be regarded as essentially different. These differences are in part "legalistic" and in part administrative, but more importantly they reflect basic differences in the objectives of the determination of taxable income and of business income. The divergencies are not likely to be resolved. Therefore it becomes necessary to abandon the postulate that taxable income should be determined "in accordance with the taxpayer's regular method of accounting." Attempts to maintain a fictional identity of the two concepts can only lead to political determination of business income, as tax pressures are too powerful to be resisted by accounting principle otherwise determined. Taxable income must be recognized as different from business income; accountants should resist efforts to prostitute accounting principles to tax ads; accountants' reports must be determined independently of tax considerations. Reports should include reconciliations of taxable and accounting income and necessary supplementary records should be maintained. Practicing accountants must carefully insulate' their position of independence in preparation of certified statements from the position of advocacy sometimes assumed in tax matters. Recognition of the basic differences in concepts, and differentiation of the two types of professional practice, are required for the maintenance of public confidence in accounting statements and accountants' reports.

Reviews the book "Crime Loss Control."

Reviews two books on federal taxes. "Montgomery's Federal Taxes--Corporations and Partnerships, 1949-50," by Robert H. Montgomery, Conrad B. Taylor and Mark E. Richardson and "Montgomery's Federal Taxes--Estates, Trusts and Gifts, 1949-50," by Robert H. Montgomery, James O. Wynn and G. Harold Blattmachr.

Reviews the book "Advanced Accounting," by Wilbert E. Karrenbrock and Harry Simons.

This article presents a checklist for an accounting library and has been compiled from a variety of sources over a period of two years. It is intended to be more inclusive than exclusive, though necessarily some discrimination has been exercised. The purpose is to present, not a definitive bibliography nor on the other hand a complete index to the literature, but rather to make available a fairly comprehensive selection of materials to consider in building, expanding or appraising an accounting library for a college or University offering a wide variety of undergraduate and graduate work. There are sixteen subject classifications: (1) Bibliographies; (2) Periodicals; (3) Accounting: General works, "classics," and modern popular texts; (4) Auditing and Internal Auditing; (5) Budgeting and Controllership; (6) Cost Accounting; (7) Examinations; (8) Fund Accounting: governmental, municipal and university; (9) History of Accountancy; (10) Mathematics of Accounting and Finance; (11) Profession of Accountancy; (12) Reports and Statements; (13) Special Problems and Miscellaneous; (14) Systems-General Works; (15) Systems-Specialized; (16) Taxes and Tax Accounting.

Reviews the book "Intermediate Accounting," by Wilbert E. Karrenbrock and Harry Simons.