ACCOUNTANT STUDENTS

Southland Times, Issue 20525, 29 June 1928, Page 7

ACCOUNTANT STUDENTS

INVERCARGILL SOCIETY. LAST EVENING’S MEETING. The third meeting of the 1928 season of the Invercargill Accountant Students’ Society was held last evening, taking the form of lecturettes by four members of the Society. The first speaker was Mr F. J. Twiss who took as his subject, “Partnership Dissolution.” He covered all the points peculiar to this set of accounts and gave a blackboard example of the effect of the judgment in the case Tamer v Murray. The next speaker was Mr R. T. Burt who delivered an- address on “Executors’ Accounts,” confining his lecturette to the appointment of capital and income. His lucid explanation of the dividing line between income and capital was easily followed by those present. Mr L. Blackmore, chose as his subject “Non Trading Accounts” which was of much interest because of the frequency such sets of accounts are met with by secretaries of clubs and societies, and the points gained were very instructive. Mr J. R. E. Sutton gave a carefully planned lecturette on “Deficiency Accounts and Statements of Affairs.” This set of accounts being generally full of pitfalls for the student, was plainly outlined by the speaker and all doubtful points were cleared up by his clear description!

Enthusiastic discussions followed each address when questions were answered by the speaker. At the conclusion of the meeting Mr F. A. Barclay moved a hearty vote of thanks to the speakers, which was carried by acclamation.