ABSTRACT
Beginning with first principles, then discussing the origin and evolution of the debate over depreciation, capital and income, several related topics are addressed in this volume originally published in 1993. These include the allocation problem, interest rate approximations, issues concerning financial reporting and analysis and the meaning and economic impact of ‘accounting error’. The underlying themes concern the importance of history and the need for an appreciation of basic concepts and relationships in accounting
TABLE OF CONTENTS
part |54 pages
First Principles
part |25 pages
The Debate over Depreciation, Capital and Income
part |25 pages
Reprinted from The Business History Review
part |11 pages
College National Des Experts Comptables De Belgique
part |37 pages
A Solution to the Allocation Problem
part |8 pages
Errata
part |12 pages
Interest Rate Approximations
part |9 pages
from The Accounting Review, Vol. LII No. 4 (October 1977), 810–12
part |15 pages
Financial Reporting and Analysis
part |2 pages
Accounting Error
part |21 pages
from Journal of Accounting, Business and Financial History (October 1990)