ABSTRACT
This book covers the general theory of accounting interpretation and valuation. Chapters i-vii, which comprise something less than one-half of the book, are devoted to specific problems in the construction of balance sheets and other financial statements with a view to making them more useful to business men. Chapters vii-xvi deal with asset valuation, under the general headings of “fixed assets,” “intangibles,” “investments,” and “inventories.” The book closes with a brief discussion of funded debt and proprietorship. A notable fact about this book is the absence of footnotes or specific citations to similar works. The author makes no reference to other texts or to articles which are in agreement with, or contrary to, his point of view.
