RESPONSIBILITIES OF ACCOUNTANTS IN A CHANGING ECONOMY.
In the last generation there has been a decided change in the position and responsibilities of the accounting profession. This change is not an isolated phenomenon. It ties in with both the current changing relations between business and government and the long-run development of the accounting profession. It is part of a disturbed and unstable economic and social situation which has led accountants and many other groups to seek guidance in the formulation of basic principles. In order to appraise the present position in any respect, the most effective background for the task is a survey of past developments or an account of how the present position was arrived at. Such a survey for accounting would reach far beyond the limits of one brief discussion. Nevertheless a background is needed and if a complete one is not possible, an incomplete treatment is better than none at all. The process of evolution in accounts as an accounting for the costs of business operations is still going on at an unabated pace. Current changes are to be viewed in the light of a development which reaches back through the whole history of modern accounting. The process of evolution in accounts as an accounting for the costs of business operations is still going on at an unabated pace. Current changes are to be viewed in the light of a development which reaches back through the whole history of modern accounting.
- DOI
- 10.2308/tar-7062652
- Volume
- 14 (4)
- Pages
- 396-401
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref