Conjectures on the influence of the 1920sBetriebswirtschaftslehreon Sweeney'sStabilized Accounting
| Autor: | G. W. Dean, F. L. Clarke |
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| Rok vydání: | 1989 |
| Předmět: | |
| Zdroj: | Accounting and Business Research. 19:291-304 |
| ISSN: | 2159-4260 0001-4788 |
| Popis: | The antecedents of Sweeney's Stabilized Accounting are early examples of responses to economic and political pressures. Sweeney's 1927 and 1928 works promulgating Goldmark Balance Sheets (Goldmarkbilanz) appeared, however, when the unique events (viz. hyperinflation and potential collapse of the Reich), which were the catalysts for backwards rescaling procedures of Goldmarkbilanz, had disappeared. Sweeney's writings pre and post 1928 differ markedly. Vacillations between indexation (backwards then forwards), historical cost, then replacement cost based stabilisation methods, which pepper his work, mirror the changing fortunes of Schmalenbach's, Mahlberg's and Schmidt's proposals. Sweeney's legacy is twofold: (i) the popularisation of indexed accounting, particularly in Anglo-American countries, and (ii) recognition of the need to couple a homogeneous (stable) unit of measure with a function of accounting which was to provide a measure of an entity's command over goods and services and any changes... |
| Databáze: | OpenAIRE |
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