Winnipeg Free Press

Winnipeg Free Press (Newspaper) - September 3, 1913, Winnipeg, Manitoba Manitoba free convention discusses Steps for reciprocity among provincial chartered associations. The important matter of uniformity of standards among provincial societies discussed at yesterday a after session of the Dominion Assoc a Tibia of chartered accountants Conven lion which is being held . Various recommendations were made bal eventually those by the special committee which had been dealing wit ii the subject were adopted. This com Mittee took a most optimistic View of the state of affairs one statement in is report being to the effect that the 1.regress made in the past year toward the Tjoa of Ideal conditions was exceedingly satisfactory. An address on the banker the accountant was 2-yen by vere Brown superintendent for the West of the Canadian Bank Commerce. Or Brown made Many interesting suggestions regarding the Tvorik chartered accountants the cd Cress was greatly appreciated. G n stiff of the Ontario Institute presented the report of the committee in the uniformity of standards among provincial societies. The committee recommended cd that the movement for standardisation can most effectively be promoted by Mutual Hearty re cognition at the outset of the fact Pihrt All the Canadian societies ideals purposes in common . By each society adopting toward the other an attitude which is consistent their with 2 that this attitude can Best find expression in the form of enact ments by each of the provincial societies to provide for a full free interchange of membership a. Reciprocal arrangement by which a Mem Ber in Good standing of any constituent society of the Dominion association of chartered accountants shall the eligible without examination for in the society having Jur is Lection in any other province where in he May have commenced to prac Tice but subject in other to the conditions of membership of such society. 3 that each society should by suitable enactment obligate it members within a reasonable time after commencing to practice in another province to become a member of the society having jurisdiction therein. That the Good understanding thus arrived at would stimulate local in in uniformity of standards result in the gradual assimilation of varying local conditions with the Best experience of eloped crystallized from time to Lime through the medium of our Asso annual meetings. Satisfactory Progress. The committee further stated that it regarded the Progress made in the1 past Yeti toward the goal of Ideal conditions As exceedingly satisfactory. They were becoming broader More tolerant toward each other As time passed every Concession they made for common Good brought to them More than a corresponding Benefit. They were Union meant strength isolation had Given Way to co operation. Who could doubt thai Thev were building a Structure that would stand for All time the report occasioned some discus George Edwardes Toronto thought it indicated that they were getting very near the . Or Parton of the Manitoba Institute thought they should try to get Down to some real basis of uniformity. To thought the question of matriculation was a very important one they were sufficiently Strong to re quire that applicants should have cer Tain educational qualifications thai they should give a certain amount of service. He did not think three years too Long a time for any Man to serve before he could become a Quali fied chartered accountant. If had different standards in different institutes it was almost impossible to have a r reciprocity clauses in the by Laws or. Stiff said the Points raised or. Parton had Baen already dealt wus by the committee which was of the opinion that the standards regard ing regulations were practically Identa so far As practical results were concerned. Highest Standard wanted or. Stiff Points raised by or. Parton had been already dealt de maintained for admission a a chartered accountant. The ques Tion had become so important in can Ada members of the profession were being so much relied upon by the commercial world that it was a duty not Only to themselves but to the Public to see that a High Standard of qualification was established. Speaking of British Columbia or Shaw said Thev required four year articles from a student. If therefore application was made to the British Columbia Institute by a member of another Institute which had admitted him to the profession Uncle four years the Brit ish Columbia Institute required him to serve in a chartered accountant s of fice in British Columbia for the bal Tinco of the time rendered necessary unless the applicant had practice As a Public chartered accountant for a cer Tain period. In addition they required such an applicant to pass an Examina Tion on the local statutes for if thera any things about which chartered accountants ought to have an intimate knowledge they were the provincial statutes. If All the provinces to have uniformity of regulations respect to admission to the Gierent institutes the difficulty at pre Merit thrown upon British Columbia of ascertaining How Long applicants had served would be done away with for in All provinces the same period of service would be required All that would remain before allowing the candidate admission to the profession would be his passing an examination on provincial statutes. Reciprocity in Manitoba. H. T. Winnipeg remarked that the Manitoba Institute extended reciprocity to All the other provincial institutes. Members of other institutes were admitted to membership when they became resident Here. He asked As to Montreal s View of Reci i proc Ltd saying that it was not Gen Ura by known Here or Ross Montreal replied tha if b Man owed allegiance to the King of England was a Good accountant j to was eligible Lor membership. Or. Sharp Secretary of the Montreal Institute read the bylaw on the Point which showed that admission to Mem was at the discretion of the Council. In some cases or. Sharp edged applicants had to go through a year s probation. The report was adopted. Banker accountant. In the course of an address on the banker . The vere Brown said the great majority of the important commercial houses had their books regularly audited it was the Case that some who. At tie Start had grudge the expense involved were now of the opinion that auditing was one of the most droid in i Tive items on the expense Side of their business. Today even must Bend before the autocratic ruling of the chartered accountants. his opinion that no Man who had a Busi Ness North conducting at All could afford to dispense with the criticism Anali Sis which could be had i ought to be had from a Well prepared auditor s report the Banks had done a great Deal in late years to educate business men in this matter they would be prepared to do a great Dea. More in this direction if the audited balance Sheet gave a Little More in formation than it usually does. Or. Brown went on to Point out the necessity for audited balance sheets be inst More informative convincing than they frequently were saying what Bankers desired were audited balance sheets that would not Only afford at one running perusal a Clear View of the financial position of the business but would give some Indica Tion of whether the business was or was not economically sound. To considered it be a Good thine if the chartered accountants employed by the various chartered Banks compared notes from time to time As to what was necessary for the guidance of All in connection with accountancy work believing that in this Way a system of auditing could be worked out that would be of. Great advantage to the Community at. Large. The responsibilities which chartered accountants assumed in connection with the affairs chartered Banks were very grave indeed when one considered to what extent the Public took the signatures of chartered accountants at the foot of Banks statements As meaning that these institutions were in the condition that the balance sheets showed them to be. He to make it Plain that the arrangement plan of the auditing of the affairs of chartered Banks had the approval ers sen orally that if any. More efficient system developed the Bankers would Sive it every measure of support. A of thanks to or. Brown was proposed by or. Pontifex. Montreal. Or. 3-Unn. Montreal seconded Point ing out that the chartered accountants were the very Best friends of the Banks. Just How much that was the Case he thought the Banks did not Al ways real zip. The president s address or Henderson in his address said is with a great Deal of pleasure that i Welcome you to this the Lith annual meeting of the do minion association of chartered a at the meeting held in Tor onto last september the invitation to. Hold the next convention was accepted the Manitoba Institute determined if possible to make it the most successful one that has so far been held i Trust that the efforts of the various committees to provide for your entertainment will meet with your approval. It was with Many misgivings As to my ability to fill the position that i undertook the presidency of your association following As it did the terms of office of my illustrious predecessors messes. A. F. Riddell Geprge Edwards. I have endeavoured to. Fulfil the duties imposed upon me As presi Dent so As to promote the interests is All have so much at heart Trust that we have made some Progress Dur ing the year. It has been the custom in the past for the president in his address to re View the principal events affecting the profession that have occurred during his term of online in View of the possibility of questions arising that might affect session that would require prompt attention your Council deemed it Wise to appoint an emergency committee consisting of messes Stevenson of Montreal Edwards of Toronto. The association owes a debt of gratitude to these gentlemen for the ser vices they rendered., in dealing with legislation at Ottawa which if carried through would have been Adverse to your interests. An application was made to the House of commons at its last session by certain persons Iri Montreal for an act to incorporate the Canadian accountants association. As some of the Powers asked for interfered with the rights of existing bodies the coun cil decided to oppose the Bill. Messes Stevenson Edwards appeared be fore the private Bills committee stated the objections of the chartered accountants to the act after several conferences with., some a i twisters the the latter a ice Pei your committee s redraft of Section 2 also an additional clause no. 11, the result of these amendments was that the Powers of the association were limited the tight of the pro Vinces legislate respecting account Ancy was recognized by clause 11, which reads As follows nothing in this act shall be construed to interfere with or impair legislation upon the subject of accountancy now or hereafter enacted by legislative authority of any province of Canada or As giving to members of the association the right to use any name title or in Ifal or description As accountant in contravention thereof Quebec an act was passed by the Quebec legislature in november 1012, incorporating the Institute of accountants auditors of the province of que Bec. This is the first legislation that any of the provincial have granted to any body of use any designation other than chartered accountant in View of the situation that exists in England owing to the multiplication of accountant societies we in Canada must regret that Legisla Tion creating another body of account ants has been enacted. It sems to me that trouble for All the provincial societies is More than Likely to grow out of the situation that has been created in Quebec i am of the opinion that the position should be frankly faced a solution found at As Early a Date As possible. Legislation has been secured by Nova Scotia Saskatchewan restrict ing the use of titles designations Genera advertising. Sanol cures kidney bladder troubles All druggists literature free. The Sanol mfg. Co., Ltd. 975 main St., Winnipeg Man. Clears the brain stimulates the digestion bends you to you office feeling Fine. Abbey s effervescent Salt is mildly laxative splendid daily tonic for brain workers. Take a bottle Tway. 4a at All much on the same lines As the Ontario act provides. Manitoba having out grown its Origina charter which was in 1886, applied a obtained from the new act changing its name from the chartered accountants Manitoba to the Institute of chartered account ants of Manitoba restricting the use 6f titles designations acid giving the Institute wider Powers than it had under its old act. British Columbia in tends applying for amendments a similar character at the next session at its legislature. Six of the seven societies comprising this association now have restrictive clauses in their Charters when the seventh obtains As we it Wilt similar Powers then the Canadian accountants will have Complete control of the designation chartered account Art within the Dominion. There is an old saying that Unity is had it not been for the Unity among the various provincial societies brought about by their affiliation under the Dominion association it is very doubt Ful k any of them would have been Able to obtain the have secured this year. Membership. The increase in membership during the past three years has been very satisfactory. At the time of the affiliation of the provincial societies in 1910, there were 255 who were entitled to membership in the Dominion Assoc a. Tion the certified lists received from the provincial secretaries now show 375 qualified members an increase of 120, made up As follows 1910 1913 Montreal in is inc. 15 Ontario 130 144 inc. 14 Manitoba. 29 57 me 28 Nova Scot Isu 16 21 Ino 02 British Columbia 13 38 inc. Saskatchewan 7 28 inc. 21 Alberta 5nc. 19 members at Large 14 7 dec. 7 under our by Laws each society Quail lies Only members residing in can Ada so that it must to understood that these figures do not represent the total membership of the individual societies. There has been a decrease in the num Ber of members at Large six having joined provincial institutes one having ceased to be a member. During the year Manitoba was Able to qualify a second member on the Council elected h. M. Cherry to fill the vacancy. The Council now consists of eleven members elected As follows three from on Tario two each from Montreal Manitoba one each from the four other institutes. With the substantial increase that British Columbia Saskatchewan Are making in. Their membership it should not be Long before both of these institutes will be entitled to an additional member. Papers. One of the papers to be presented for your consideration is Oil municipal accounting in the Prairie provinces municipal accounting has been a very live subject throughout Canada for some years the Prairie provinces particularly Saskatchewan have been passing legislation concerning Muni Cipa l accounts which is thought to be an Advance on legislation heretofore existing. The ministers of municipal affairs for Manitoba Saskatchewan Alberta have been invited to be present at the Reading of this paper take part in the consideration of it. I Trust that considering the importance of the subject there will be a full discussion of or Hodges paper on. Tie Timber British Columbia will i in sure he interesting to us All treat ing As it does Wilh a phase of account Ancy that to Many of us is new. I feel that we Are to be congratulated in being favored with the addresses to be Given by Robson commissioner of Public utilities for Manitoba by or. Vere Brown superintendent of Western branches of the Canadian Bank of Commerce. These papers Deal an expert Point of special offer 500 Leet. On Gunn Hoad near . Nortel Transcona Worth per foot can be Pur chased for a few Days at per foot easy terms. I Milliard Taylor phone main 68. 505 Mcarthur by do. Iff. Joti lumber for Sale Plant Stock Goodwill of lumber Al us i Ness in Saskatchewan town on Goose Lake line for Sale for further particulars apply to Bert r. Masecar 400 Drinkle building Saskatoon three prizes acres near Gunton. Acres at Stonewall partially in acres near Balmoral these not common snaps such As people usually talk about. They will double in value in 12 months. That is about Alt you need to know. Walk in. Iba Strati St. 1 Blue store building. Here is your Chance first Block off St. Mary s Road. 60x125 Leet a Gre dry close to school. Car Lino under construction on St. Mary s will almost reach it this fall. Ciprico s18 per it. ?2s Cash in 30 Days balance per month. Lots across the Street Selling at j1s to j18 per it. This is a bargain. You will want to it. Phone lit. 2335, or write Box 2093 free press. View with subjects which Ace Loular interest accountants which i am sure will be Oia Ted by us. V suites to rent four . Live roomed suites to rent .immediate.possession, s50 in Vansittart Block. V. C. Maddock co. 333 main Street. Removal notice Duncan Cameron merchant tailors have removed to their new location 307 tort St., where they showing a Choice selection of import cloths in suiting Over coatings for this season s Trade. Duncan Cameron merchant tailors 307 fort St., opposite Northern Bank. For British clients we want Well situated Good Rev Enue bearing apartment blocks or combined apartment an3 store build Ings. What have you to offer phone a "j13. Waugh a Beattie. Business. other business to be considered will be the i reports committees on standards among it on. Chartered ,. On both these reports it As. Hoped that there of cus.slo-n., the treasurer s account duly audited who Cirtwill be presence s at the proper time shows the Gross Revenue the year s expenses. Council the Loyal support they it the Given me Dur ing Iak dinner Waggon carpets rugs Centre tables Oak Arm chairs rockers of fice furniture sewing 7 heavy brass Beds Braes ton mounted Beds Springs mattresses bureaus washstand toilet Ware chif homers Stretcher Beds pillows it Ikjin tables chairs Kitchen utensils Coo stoves Heaters Gas ranges Anlas the same Timo 2 dozen automobile Trei. 2 bicycle tiros. On wednesday sept. 3, at 2 o clock Sharp at our Granite galleries Cornet Hargrave Ellice. Fred Hilson auctioned. Phones Garry 2434, 455, 215. Goods received for this Sale up to 1 noon. Let us handle your household Sale. Satisfaction by Frank auction Salt my usual wednesday Sale rooms this week will consist of a lures Quantity of household goods in part As leather upholstered Arm chair 3 piece mahogany parlor sett maroc Allne upholstered lounge Mission Oak clock. Mission oat Library table Reed Arm 3 Oak buffets 2 Oak Extension tables 1 Oak diners 2 surface Oak surface Oak Buffet. Mahogany Golden Oak Dresser 5 surface Oak dres Sers. Mission Oak Hall tree parlor Pool table Walnut Hall stand Oak Haji Mir ror Oak Centre table red plus i coach Kitchen tables child s Iron cot re Frig actors the Stern Cook stove Detroit jewel Gas Range perfection Oil 2 Flat top desks Toronto Couch Sevara Iron Beds Complete Kitchen Ware etc., at my rooms. 311 Donald St., on wednesday sept. 3 at 2 o clock. Frank Pearson t hone main 3144. Aunt Lenny notice Rural municipality of Assiniboia. Public notice is hereby Given that the Council of the hural municipality of Assiniboia intends to form the Fol Low ing described territory situate in said municipality into local improve ment districts As follows 1. The outer two Miles of lots 32 to 35 inclusive heading by a local improvement District. 2. The out two Miles of lots 36 o 39 inclusive Headin Gly a local Imp vement District. 3. The outer two Nilas of lots 40 to 45 -.cluaive, Headin sly a local improvement District. 4. The outer two Miles of lots 46 to 52 inclusive Hea Lurly a local improvement District. 5. The . Two Miles of lots 53 to 56 inclusive he Ardingly a local improvement District 6. The outer of lots 57 to 60 inclusive Headin Gly. A local improvement District. Unless a majority of the owners of the real property affected in each such proposed Rural local improvement District representing at least one half thereof whose names appear on the last revised assessment roj.1 of the said. Municipality As such Pettlo n the Council of the municipality against the Earne within four weeks after the first pub of this notice. St. Charles this Lith Day of . 1913. Frank clerk Rural municipality of ass Niboli Orrand trunk Pacific Ftp Castete Canada via. Shortest new route with longest sail finest steamers. Main in 5378-7098. 260 Portage notice Rural municipality of Public hereby riven the Council of the Rural Munim of Assiniboia intends to form we described territory said municipality into local districts As follow 1. The inner two Miles of 60 inclusive heading Ray a local improvement District. 2. The inner two Miles lots 56 inclusive head ugly a. Local w pro vement District. 3. The inner two Miles lots 53. Inclusive head ugly a local w pro vement District. T i to 4. The inner two Miles lots 48 inclusive. Headin Gly a local pro vement District. 5. The inner two Miles of lots i 40 inclusive. Headin Gly a local pro vement District. 6. The Innar two Miles of lots 37 inclusive Headin Gly a local pro vement District. T 11 the inner two Miles of lots i. 33, Headin Gly a local District. Unless a majority of the owners of real property Oach proposed Rural. Local District representing at least in value thereof whose Pear on the last revised Roll of the said municipality As owners petition the of said municipality against the within four Avres. After the location of this notice. J., dated at St. Charles the of Krak ni5-s.-. Clerk Rural municipality ;