The Accounting Review Vol. 19 No. 2 1944
PROFESSIONAL EXAMINATIONS.
Abstract
The article presents three problems, which were presented by the Board of Examiners of the American Institute of Accountants as the second half of the November, 1943 examination in accounting practice. Each problem was assigned weights as follows: problem 1, 14 points, problem 2, 20 points, problem 3, 16 points. The time allowed to solve all problems was four and a half hours. In problem 1, columnar work schedule was supposed to be prepared with the help of data given in the problem. In problem 2, with the help of certain data given in the problem, students were asked to prepare a columnar work schedule showing the June 30, 1943, balance sheet before and after the proposed reorganization, with explanatory adjustment columns for the necessary changes in several balance sheet items. Students were also asked to prepare a statement showing the effect of the proposed reorganization upon annual bond-interest and amortization charges and dividend requirements. In problem 3, students were asked to prepare a comprehensive columnar work-sheet showing adjustments to the bookkeeper's statement with the help to certain data given in the problem.
- DOI
- 10.2308/tar-7036875
- Volume
- 19
- Issue
- 2
- Pages
- 199-206
- Language
- en
- Sources
- openalex crossref