The book Our Financial Upheavals, Their Cause And Cure was written by author James Selwin Tait Here you can read free online of Our Financial Upheavals, Their Cause And Cure book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Our Financial Upheavals, Their Cause And Cure a good or bad book?
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They should give in every case explicit directions as to the source and proper allocation of all earnings and expenditures, and should determine what are divisible profits and what are not. No director or other officer should be eligible as auditor. The auditor should be elected by the stockholders, and should haw the fullest power to examine the books at all times, and to call upon the president, directors, and officials for whatever explanation or information they may re- quire. Said auditors..., who should be public account- ants of unquestioned standing, should once at least in every year examine the accounts and ascertain the correctness of the balance sheet. After examination of balance sheet, vouchers, books, etc., they should sign and present to the stockholders a statement to the ef- fect that they have examined these carefully, and that the books are properly kept, and exhibit a true and correct view of the company's affairs. Such statement should specify any cause of complaint which has come under their notice.
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