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.
| ISBN: | 9780415720168 |
| Publication date: | 1st November 2013 |
| Author: | Jean Reid |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Hardback |
| Pagination: | 200 pages |
| Series: | Routledge Library Editions: Accounting |
| Genres: |
Accounting Accounting and auditing law Legal history |
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.
Law and Accounting (RLE Accounting) features in the following genres: Accounting, Accounting and auditing law, Legal history
Law and Accounting (RLE Accounting) is available in Hardback
Law and Accounting (RLE Accounting) was written by Jean Reid and published by Routledge an imprint of Taylor & Francis Ltd
Law and Accounting (RLE Accounting) has 200 pages
Yes it is part of Routledge Library Editions: Accounting series
£154.79