"Accounting is becoming more and more intricate with the advance of modern technique in industry. After all, accounts follow facts… an accountant must have a very good inkling-a very comprehensive idea of what he is looking into… the role of an accountant in modern world, which is fast industrializing, is very great indeed…He has to know a great deal in each sphere of activity. He has to be jack of all trades. He has got to know everything."