The Accounting Review Vol. 37 No. 2 1962
COMMENTS ON RESEARCH BULLETINS.
Abstract
This article presents some comments on recently published research bulletins in the field of accounting. It first mentions chapter 9 of Research Bulletin #43 referencing the decision by the Accounting Principles Board that Accounting Research Bulletins issued by the predecessor committee on Accounting Procedure should be considered as "continuing in force with the same degree of authority as before." While conflicting statement occurred in the October 1961, Journal of Accountancy, expressing editorially that most of them will eventually be reviewed by the board but that it is not expected that many of them will be superseded in the near future. He further mentions chapter 4 of Bulletin #43, which relates to inventory pricing and includes the rule of cost or market. The author suggests that while other chapters of Bulletin #43 may eventually need revision, it appears that a revision of chapter 9 is most pressing to avoid confusion, inconsistency, and outright contradiction. Hence chapter 9 of Bulletin #43 should be among the first to be revised.
- DOI
- 10.2308/tar-7098317
- Volume
- 37
- Issue
- 2
- Pages
- 217-222
- Language
- en
- Sources
- openalex crossref