Considers the theoretical and empirical implications of clean surplus, an analytic relationship used since the late 19th century to derive a method to value goodwill by discounting residual earnings. Places recent research in historical context by presenting 22 papers published or delivered between
Considers the theoretical and empirical implications of clean surplus, an analytic relationship used since the late 19th century to derive a method to...
Of the nine articles reprinted in this volume originally published in 1984, those by Ladelle, Hotelling and Anton are recognized as being the classic articles on the depreciation of a single 'machine'. Each of these articles was published in a journal that is often not accessible and reprinted here has brought them together in one place. For many years accountants have dealt with depreciation and capital maintenance as a static problem. This volume recognizes its dynamic aspects.
Of the nine articles reprinted in this volume originally published in 1984, those by Ladelle, Hotelling and Anton are recognized as being the classic ...
Although each of the pieces included in this collection has been cited as an outstanding contribution to the literature on the subject, they are not available in most libraries. Each of them is a classic on the theory of double-entry bookkeeping. Of the nine articles reprinted in this volume originally published in 1984, those by "Ladelle, Hotelling" and "Anton "are recognized as being the classic articles on the depreciation of a single machine . Each of these articles was published in a journal that is often not accessible and reprinted here has brought them together in one place. For...
Although each of the pieces included in this collection has been cited as an outstanding contribution to the literature on the subject, they are no...
Published between 1965 and 1985 the papers in this collection address the problem of using accounting data to estimate the economic rate of return. The search for a solution to this problem has been an important episode in the history of accounting thought. The papers reprinted in this volume are the foundation of this intellectual effort. Ten articles and six notes and comments are reprinted here. Seven of the papers were published in UK journals and the rest in US publications. Bringing them together in one book will facilitate research on this important subject.
Published between 1965 and 1985 the papers in this collection address the problem of using accounting data to estimate the economic rate of return....
Beginning with first principles, then discussing the origin and evolution of the debate over depreciation, capital and income, several related topics are addressed in this volume originally published in 1993. These include the allocation problem, interest rate approximations, issues concerning financial reporting and analysis and the meaning and economic impact of 'accounting error'. The underlying themes concern the importance of history and the need for an appreciation of basic concepts and relationships in accounting
Beginning with first principles, then discussing the origin and evolution of the debate over depreciation, capital and income, several related topics ...
