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portada Law and Accounting (Rle Accounting): Pre-1889 British Legal Cases
Type
Physical Book
Publisher
Language
Inglés
Pages
200
Format
Paperback
ISBN13
9781138979482
Edition No.
1

Law and Accounting (Rle Accounting): Pre-1889 British Legal Cases

Reid, Jean (Author) · Routledge · Paperback

Law and Accounting (Rle Accounting): Pre-1889 British Legal Cases - Reid, Jean

Physical Book

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Synopsis "Law and Accounting (Rle Accounting): Pre-1889 British Legal Cases"

This book contains edited versions of thirty British legal cases involving accounting issues decided from 1849-1888. These cases are a valuable source of information about the development of accounting principles and practices in nineteenth-century Great Britain. The thirty cases show that the court decisions involved a rich variety of accounting issues. In some cases courts upset private contractual stipulations regarding accounting and dividend matters. In others, management was held to have used incorrect principles in computing profits. Whether or not a contract or management decision was upset, the courts often discussed at some length the principles that management should apply in the preparation of balance sheets or income statements. It is therefore obvious that in resolving issues of equity among participants in British companies, the courts were applying normative accounting principles.

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The book is written in English.
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