ACCOUNTANCY RESEARCH.

Otago Daily Times, Issue 20961, 26 February 1930, Page 7

ACCOUNTANCY RESEARCH.

A COMPETITIVE THESIS. . FINANCE OP DAIRY INDUSTRY. (Special to Daily Times.) WELLINGTON, February 25. A definite step 'in the way of encouraging research work by members of the New Zealand Society of Accountants was made to-day when at a meeting of the council it was decided to award 100 guineas for a thesis in connection with the dairying industry. The recommendations of a sub-commit-tee set up last August were as follows: “That the society should, set aside the sum of 200 guineas each year for the purpose of a prize or prizes (as may be decided upon) to be awarded together with a gold medal to be called t* The Research Gold Medal,” for the best thesis on a subject to be selected by the counciL The following industries and undertakings, in the committee’s opinion, offer abundant scope for the subject of such theses Dairying, coalmining, sawmilling, municipal accounting, frozen meat industry, pig raising, and the pork industry, Other suitable subjects could ha added from time to time. The committee recommends that the subject for«the first competition should be the dairying industry, as it ispractically the most* important primary industry of the Dominion, The length and limitations of the thesis and the conditions of the competition wouW be arranged by a committee of the council if the foregoing recommendation is approved.”

After a discussion the following motion moved by Mr J. L. Griffin (Wellington) was carried:—“That this council approves of the principle of offering a sum of 100 guineas for a prize, or prizes, to be presented, together with a gold medal to be called the' New Zealand Society of Accountants’ Gold Medal for Research, for the best thesis on‘ the financing, accounting, costing, and statistics of the dairying industry, and asks, the existing sub-committee, which shall have power to add to its number, to draw up the conditions for a thesis and recommendations as to the judging of it, and submit its recommendations to the executive of the council for later submission to the council.” ’