i 
FINANCIAL 
HANDBOOK 
Edited by 
ROBERT H. MONTGOMERY 
Of Lybrand, Ross Bros. & Montgomery; Certified Public 
Accountant; Counsellor at Law; Former President, Ameri 
can Association of Public Accountants; Professor of 
Accounting, Columbia University; Author of “Income 
Tax Procedure” and “Auditing Theory and Practice." 
Fifth Printing 
THE RONALD PRESS COMPANY 
NEW YORK