Abstract Those of you in public accounting practice will readily recall the statements made by the U.S. governmental officials in the years gone by to the effect that there were so few persons qualified to install and audit the accounts of governmental agencies that the states themselves would have to establish such bureaus. The length to which this has gone will surprise those of you who have not looked into the matter. The author hopes that with a new interest in governmental accounting, one may be able not only to train young men for this professional work but that there will be opportunities to have their graduates tested in the various governmental positions in state, county and city. The author has divided the governmental questions into two general groups, theory and problems. About twenty-seven per cent of the so-called theory questions relate to the definitions of tents used in governmental units or offices, and from one viewpoint are more concerned with public finance than technical governmental accounting. In other words, the author would not include these definitions in his course in governmental accounting.
Fayette H. Elwell (Thu,) studied this question.