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.
Edited by:
Jean Reid Imprint: Routledge Country of Publication: United Kingdom Dimensions:
Height: 246mm,
Width: 174mm,
Weight: 612g ISBN:9780415720168 ISBN 10: 0415720168 Series:Routledge Library Editions: Accounting Pages: 200 Publication Date:01 November 2013 Audience:
General/trade
,
College/higher education
,
Professional and scholarly
,
ELT Advanced
,
Primary
Format:Hardback Publisher's Status: Active
Multivolume collection by leading authors in the field