The article focuses on the graduate study of Accounting by means of a survey of members of the American Association of Schools of Commerce. Statistical surveys of the extent of such activity in the colleges and universities of the country, and patterns for planning graduate work are suggested time and again. Graduate study of accounting includes all courses in accounting which give graduate credit except the introductory course. Generally speaking, such graduate credit involves four factors, students who are graduates, subjects that are advanced, not elementary, instructors qualified to give graduate work, an institution equipped for advanced or graduate study. In order to be considered graduate study of accounting, it is here assumed that there should be undergraduate preparation in accounting. The range of the percentage of students specializing in accounting indicates the uncertainty that characterizes this graduate work. This would seem to give evidence of the undeveloped character of such graduate study.

It has been seen, especially in the U.S., that for any given industry an increasing or decreasing of accounting structure parallels a similar increase or decrease in the organization. Business organization and administration tend to place emphasis upon the personal elements in business activity. Personal element, that is, recognition of the parts played by individuals within their business units, is a factor which makes vital the accounting records. Business organization expresses the relationships of owners among themselves and to operators or managers engaged in the service of the owners. A second form of relationship is found in what Is sometimes called "internal organization," organization in terms of the various functions performed by the individuals or by groups of Individuals within the business unit. In the article, a brief consideration of two types of organization relationships between the element of business organization and administration and accounting have been discussed, which include, firstly, the work of the auditor in certification, and secondly, the recent development of the operating statement for purposes of administrative control.