Journal Article A Note on Entrepreneurial Behaviour Get access J. P. Nettl J. P. Nettl Bradford Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 24, Issue 2, February 1957, Pages 87–94, https://doi.org/10.2307/2295762 Published: 01 February 1957
I. Introduction, 171. — II. Two recent institutional changes, 173; the federal funds market, 173; the financing of government bond houses: sale and repurchase agreements with nonfinancial corporations, 176. — III. Implications of these changes for monetary policy, 181. — IV. Implications of the expectation that institutions will change, 185.
I should like to dedicate this essay to the memory of Charles Rist. I. Introduction and basic contentions, 329. — II. Defectiveness of the usual statistics; deposits of joint-stock banks and private banks; the Economist's estimates; current accounts and fixed deposits, 332. — III. Growth of deposits in the long run and the short run, 345. — IV. Old and new explanations of the great depression (1873–1895), 348. — V. Gold, credit and prices in the United Kingdom, 354.
The critical review and appraisal of school accounting records and procedures is an essential step in the continuing development of more effective school administration. As school facilities and faculties grow, the school executive must rely on proven business techniques. The results produced by these techniques should be disclosed to interested parties. It is the auditor's function to consider whether the disclosures fairly reflect the results of school operations. It appears that each state has different audit requirements. A hopeful approach might be the establishment, by the accounting authorities in conjunction with education authorities, of auditing procedures and accounting principles for school districts.
Accounting in governmental units and particularly in municipalities, has improved during the last two or three decades. During this period, the accrual basis has become accepted procedure for handling most items of revenue and expenditure. In one important respect, progress seems to be lacking in the field of governmental accounting. The published reports of governmental units show little, if any, progress over those which were published earlier. If publishing a report of some sort can be assumed to be better than no report at all, then progress has been made. The typical report of a municipality is a lengthy, detailed, footnoted conglomeration of prose and figures. Page after page of tables, financial statements, charts and other data is the rule. Few accountants can thaw basic conclusions from these statements without intense study. For purposes of financial control, it is necessary to keep separate records for each fund and reports showing the status of each fund are required. But whether these individual reports are the ones which should be generally distributed is another and different question.