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Page 55 text:
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Page 54 text:
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IN MEMORIAM Rudolph A. Johnson Dedication, sincerity, understanding, and intelligence are a rare combination of qualities for one person to possess. When that person is a teacher of ideas, he is a tribute to the school and its students. He is a person to be appreciated, a person to be honored. Rudolph A. Johnson was such a man, and it is ,lamentable that we must now honor hirn in memoriam. Those of us who knew him will long remember the endless patience and understanding he offered his students, the interest he showed as a faculty member of the Society for Advance- ment of Management, his work on many student and faculty committees, the informality with which he conducted his class, even the scholarship key he wore proudly. Though he no longer casts a shadow on the Babson campus, he has certainly left his impression. As an alumnus of the Babson Graduate School, as a professor in the division of Management and Production, and as a person of warmth and feelings, we honor him.
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Page 56 text:
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Clinton A. Petersen Babson Institute The coming of the computer sounded the death knell for you accountants . So spoke a colleague several years ago. Nothing could be further from the truth. This is a dynamic, ever changing world we live in and accountants like everyone else must adapt to these changes and the accounting profession is doing so. Although we have only scratched the surface at Babson in the computer Held, progress is being made. There have been many other changes in the Way accounting is taught at Babson today. Much more emphasis is being placed on the management ap- proach to accounting as it is a well recognized fact that many managerial decisions rely on accounting data and the presentation and interpretation of this data thereby becomes quite significant. Accounting, however, is only one part, albeit an important part, of this broad sophisticated approach to management decision making and we in the ac- counting division are doing our best to supply our part of the overall knowledge required by the astute business executive in today's ever changing business world. ACCOUNTING
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