Statements of these probably should be comparable as to subject matter with the present accounting research bulletins. They should have reasonable flexibility.
He related that "one of the principal criticisms which I have heard from businessmen in relation to Accounting Research Bulletins is that the Institute seems to be setting itself up as a regulatory body from which there is no appeal." He said that "the public relations aspect of this matter is important and that 'Board' sounds somewhat less regulatory in character than 'Commission'." Grady's suggestion of board instead of commission met with general approval, although Spacek, always suspicious of Grady's (and Powell's) motives, reminded his colleagues that the accounting profession "has regulatory aspects in its operation," although he was indifferent as between "board" and "commission" [letter dated August 13].
(2.) From 1939 to 1957, the Committee on Accounting Procedure issued 48 numbered Accounting Research Bulletins, of which eight were reports prepared by the Committee (or Subcommittee) on Terminology between 1940 and 1949.
Committee on Accounting Procedure (1953), Restatement and Revision of Accounting Research Bulletins, Accounting Research Bulletin No.
Carman Blough, the Institute's director of research, and his small staff had been servicing the Committee on Accounting Procedure (as well as many other Institute committees) since 1944, and his name was printed on every Accounting Research Bulletin since No.
115-116, 125], and the six rules or principles approved in 1934 were repeated in Accounting Research Bulletin No.
Powell's passage on narrowing the areas of difference and inconsistency in practice agreed almost verbatim with a passage in Accounting Research Bulletin No.
(26.) It seems that the earliest expression of this objective was in Accounting Research Bulletin No.