This article focuses on Major J. Lee Nicholson who was looked upon in the U.S. as the father of cost accounting. Accounting is by no means a new profession. There is evidence that men kept accounts as far back as we are able to find evidence of man's ability to write. One can hardly doubt that he kept some kind of mental accounts even before that. But accounting as a profession in its modern sense is relatively young. Many of its traditions have been developed within the life span of men yet living. Accounting is a profession in ferment. Within this same life span its activity has gone from that of the mere keeper of books to that of an honored authority on the entire business sphere. Where it shall be after the next life span is anyone's guess. Major Nicholson was born in Trenton, New Jersey, in 1863, but spent his early life in Pittsburgh, Pennsylvania. Because of ill-health, he "retired" to California for the last two years of his life, he died in San Francisco on November 2, 1924.

This article presents information about the course in computers. The era of the lightning-speed calculations of the electronic computer is here and well established. The machine, however, despite the rantings of the press, is not a brain, it needs a brain, a human brain, to instruct and operate it. The human brain, in turn, needs much instruction before it can instruct the machine. Herein lies a problem which must be faced by most of the colleges and universities in the industrialized countries. Course objectives can vary considerably from school to school and even from department to department within a given school. Conceivably a school with a relatively small business department would only want a course which would acquaint its students with the effects of the impact of computers on the business scene, and equip them with the elementary tools to help them cope with those effects when they enter the business world. At the other pole, a department of engineering may be interested in training engineers in computer design principles, with the aim of improving computer design.