An Inquiry Into The Nature Of Accounting [DJVU]

E-Book Information

• Year: 1,965

• Pages: 381

• Pages In File: 381

• Language: English

• Topic: 2

• Dpi: 600

• Org File Size: 21,626,689

• Extension: djvu

• Tags: monograph #7, LCCCN 65-18579, economics, law, management, double-entry bookkeeping, ledger, communication, ventures, price changes, profit, valuation

• Toc: PART I—THE PROVINCE OF ACCOUNTING 1 INTRODUCTION I General Attitudes to Accounting ................. 3 II Accounting and Economics ...................... 6 III Accounting and Law ........................... 9 IV Accounting and Management ................... 16 V Accounting and Government .................... 20 2 THE RELATION BETWEEN ACCOUNTING THEORY, ACCOUNTING DOCTRINE AND ACCOUNTING PRACTICE I On the Dangers of Definition ................... 24 II The Historical Perspective ...................... 27 III The Analytical Perspective ....................... 31 IV A Suggested Classification of the Province of Accounting .......................................... 84 3 THE BASIS OF ACCOUNTING THEORY I The Nature of Accounting Phenomena ............ 36 II Basic Social Relationships ....................... 38 III Accounting Measurement ....................... 42 IV Proprietorship ................................. 44 V The Minimum Requirements of Accounting ...... 47 4 THE FIELD OF ACCOUNTING DOCTRINE I The Object of Accounting Doctrine .............. 49 II The Basic Features of Accounting Doctrine ...... 52 III The Criteria of Good Accounting .................. 58 5 THE SIGNIFICANCE OF ACCOUNTING PRACTICE I The Pervasiveness of the Accounting Function ..... 66 II The Functions of Accounting ................... 72 III Sources for Empirical Study in Accounting ........ 78» 6 POSTSCRIPT To PART I ................................ 81 PART II—GENERAL ACCOUNTING THEORY 7 INTRODUCTION ....................................... 85* 8 THE UNIT OF ACTIVITY I Events ......................................... 87 II Ventures ...................................... 89 III The Matching Procedure ........................ 95 IV The Concept of Coherence ...................... 98 V The Time Period .............................. 101 9 THE UNIT OF OUTLOOK I Introduction ................................. 107 II The Entity Theory ........................... 109 III The Proprietary Theory ....................... 116 IV The Two Viewpoints Compared ............... 118 V The Fund Theory ............................ 146 VI The Managerial Viewpoint .................... 151 VII The Commander Theory ...................... 162 VIII The Commander Viewpoint ................... 167 10 THE UNIT OF MEASUREMENT I Basic Characteristics of a Unit of Measurement . . . 175 II The Social Unit of Measurement ................. 179 III The Measurement of Resources .................. 180 IV The Possibility of an Alternative Unit of Measurement ........................................ 183 V The Problem of Price-Level Changes ............. 186 11 THE NATURE OF THE ACCOUNTING PROCEDURE I The Unit of Record ............................ 211 II The Characteristic