Abstract This article focuses on the orientation and visual aids in the teaching of auditing. Involved more with practical application than with pure theory, courses in auditing from the beginning have been permitted into university curricula somewhat grudgingly and on restricted basis. Traditionally, such courses have been cramped and limited in scope, and relatively seldom have they been able to burst original bounds. To compound this difficulty on the other hand, subject content and legal responsibilities facing the practicing auditor have been on a constant expansive march resulting from new and developing problems and procedures, and from findings and promulgations of the American Institute of Accountants, the Securities and Exchange Commission, the Courts Orientation, not peculiar to the subject matter of auditing alone, may be used to advantage in teaching any subject consisting of a large, intact system or pattern. It is the sound pedagogical approach of moving from the general to the particular. Such technique finds reflection in the financial statement approach employed so commonly in textbooks on elementary accounting.

Abstract Reviews three filmstrips on bookkeeping. "Text-Film Filmstrips on Accounting,"; "Beva Filmstrips on Accounting,"; "VuGraph Bookkeeping Visual Aid Kit."

Abstract The article presents some common accounting problems and their solution. It says that in the usual textbook treatment of determination of cash distributions to partners by installments, at each distribution date the assumption is made that the assets remaining after the distribution will prove worthless. On this assumption, a worksheet is set up upon which losses equal to total remaining assets are charged to partners' capital accounts according to the profit and loss ratio with any capital deficits in turn charged to capital accounts with credit balances until there remains only capital accounts with credit balances. However, if it is recognized that for purposes of cash distributions of a partnership in liquidation the partners' loan accounts have the same status as their capital accounts and that the objective of the usual procedure is to assure that the partners will rank in order and amount of priority in accordance with the relative magnitude of their capital percentage as compared with their profit and loss percentage, it is possible to determine the order and amount of cash distributions at the outset. The article then gives different steps for calculating cash distribution with the help of an example.