Volkswirtschaftspolitik

Bibliographic data

Monograph

Identifikator:: 1017897646

URN:: urn:nbn:de:zbw-retromon-28310

Document type:: Monograph

Author:: Borght, Richard van der http://d-nb.info/gnd/11625274X

Title:: Volkswirtschaftspolitik

Edition:: Zweite Auflage, Neudruck

Place of publication:: Berlin

Publisher:: G. J. Göschen'sche Verlagshandlung G.m.b.H.

Year of publication:: 1918

Scope:: 1 Online-Ressource (166 Seiten)

Digitisation:: 2018

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Zweiter Teil. Allgemeine Gütererzeugungspolitik

Collection:: Economics Books

MAJORITY REPORT. « 3 operation. Mr. Middleton, the Acting Chief Auditor, drew our attention to the terms of that Committee's conclusions, and we think it desirable to quote the relevant passage as it states concisely. the reasons which is 1912 were regarded as justifying, and indeed necessitating, the establishment of a separate depart- ment manned by full-time officers :— “We find ourselves, however, strongly in favour of the employment of a whole-time staff for, at any rate, the great bulk of the work. The volume of work will be very great, and of a character at once uniform and highly specialised. It must be borne in mind also that at the inception of a new scheme of so far-reaching a nature many novel and com- plicated problems will arise, in dealing with which it is essential to avoid divergenecy of practice. The audit staff will have to be familiar with the uniform system of accounts which the Commissioners will have to prescribe, and must be made available for the purpose of giving advice and assistance generally to the various Societies in accounting matters where they so desire. We are convinced, there- fore, that the appointment of a whole-time staff would not only be the most efficient but also the most economical method of meeting the immediate requirements of the situation.’” {See @Q. 23,217.) 674. In essence we are satisfied that these considerations are for the most part as valid to-day as ever, and there is the further point, not to be overlooked, that an immeasurably stronger case would be required to abolish, in favour of professional audit, a system which has operated with success for 13 years than would have been necessary to justify the adoption of professional audit at a time when the field was clear. It is still true and always will be true, so far as can be foreseen, that the volume of work is ‘‘ very great and of a character at once uniform and highly specialised,’ and where these conditions are satisfied there will, to our minds, be a primd facie presumption in favour of the work being done by specialists such as are created by a full-time service rather than by professional auditors in private practice, whose wider experience of affairs at large would be a doubtful compensation for that familiarity with the work which total immersion in the complexities of the Insurance Act can alone bring. 675. Having said so much, it is perhaps unnecessary to con- sider in detail how much weight should properly be attached to the various considerations advanced in condemnation of the present system. But to some of these we may advert, as they appear in part to rest on a misapprehension. The delay in com- bleting the audit of accounts which was placed in the forefront of the indictment is, we are satisfied, more apparent than real, and so far as it exists is due largely to the peculiar nature of the

Access restriction

Copyright

Object: Volkswirtschaftspolitik

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation