this rule is infringed, the names of both such persons will be struck out of the list of candidates.

Candidates must not retain any book or manuscript during the Examination, but must leave the same with the examiner, before the hour for the commencement of the Examination. Any candidate infringing this rule will be liable to be disqualified.

Any candidate found consulting any book or manuscript during his Examination will be disqualified.

Candidates may retain the questions except when requested to return them by the Member of the Council presiding at the Examination.

The examiner having declared the Examination over, candidates must immediately cease writing.

The results of the Examination are communicated by post shortly after the second Wednesday in January or July. No information can be afforded earlier.

INTERMEDIATE, FINAL, AND EQUIVALENT TO FINAL.

The Examinations will commence on each day at 11 a.m. Each candidate will have a number assigned to him, and will take his seat at the place at the table indicated by such number.

The answers are to be written on the paper supplied to the candidates, and such answers should be written concisely, and in a plain and legible manner, on one side of the paper only; each answer to be commenced on a separate sheet. Each sheet must bear the number of the candidate and the name of the subject, but the name of the candidate must not appear.

When the candidate has finished his answers, he will fasten the sheets together in numerical order, placing in front the printed halfsheet previously given to him, and will deliver them to the Member of the Council presiding at the Examination.

After the Examination has commenced, no candidate is to leave the room (without permission) until he shall have delivered in his answers, and any candidate who leaves the room without permission will not be allowed to return.

No candidate will be allowed to communicate with, receive assistance from, or copy from the paper of another; and in case this rule is infringed, both such persons will be disqualified.

Candidates must not retain any book or manuscript during the Examination, but must leave the same with the examiner, before the hour for the commencement of the Examination. Any candidate infringing this rule will be liable to be disqualified.

Any candidate found consulting any book or manuscript during his Examination will be disqualified.

The examiner having declared the Examination over, candidates must immediately cease writing.

The results of the Examination are communicated by post shortly after the second Wednesday in January or July. No information can be afforded earlier.

APPENDIX C.

HINTS ON PREPARATION FOR THE EXAMINATIONS OF THE INSTITUTE.

THE following hints to candidates are reprinted (by permission) from The Accountants' Journal :—

THE vacation being now over-except so far as those exceptionally favoured individuals, the lawyers, are concerned-it behoves us all to steadily settle down to work again, and this remark applies with peculiar emphasis to those who propose presenting themselves as candidates for one of the Examinations of the Institute in December next. We intend, during the intervening period, to give our readers the benefit of a few hints as to the most effective means of preparation to be adopted, but we should like it to be very clearly understood that we do not propose to unfold any scheme that will obviate the necessity for engaging the services of a coach, still less do we pretend to be able to disclose any royal road to ultimate

success.

Nevertheless, it is, we believe, in our power to prove of some little use to the attentive student by suggesting the best mode of applying the time at his disposal for preparation, and, at a later stage, by giving him a few hints as to the best method of utilising the time available at the Examinations themselves.

In the first place, we should like to point out that there is now, in addition to the authorised list of books "recommended" by the Council of the Institute, no scarcity of really useful works upon the various subjects covered by the Examinations, and the candidate who wishes to be up to date must not be slow to avail himself of the increased facilities afforded thereby. The following list will, we

venture to think, be a valuable supplement to that issued by the Institute of Chartered Accountants :

Those students who are desirous of taking honours will find a further list of valuable works dealing with various branches of the Accountancy subjects in Dicksee's "Auditing."

With regard to the amount of time to be devoted to each subject,

this will, of course, be a matter primarily in the discretion of the coach, and, apart from this, it is difficult for us to lay down any definite lines in these columns, as so much naturally depends upon the aptitude and experience of each individual student. Still, as a general basis, the following time-table may be suggested for the ensuing month :

The first month may be advantageously disposed of in this manner, carefully reading the various text-books and making copious notes in separate note-books devoted to the various subjects; a portion of the time will also be set apart to answering papers set by the coach, and in carefully digesting his corrections thereof.

By the time that our present issue is in the hands of our readers, there will be something less than two months available to candidates in which to complete their preparation for the forthcoming Examinations of the Institute in December, and those who wish to make sure of a pass will do well to make the best of the time that still intervenes. In our last issue we gave a list of those works which, in our judgment, would be found most suitable for the purpose; and we also gave a time-table, showing how we thought the time at their disposal might be best employed. For the ensuing month we suggest the following time-table, which will be found to vary somewhat from the arrangement which we suggested before, giving increased attention to those matters which appear to claim more of the student's time, while slightly reducing that to be devoted to the less important subjects: