SOME ASPECTS OF THE EVOLUTION OF ACCOUNTING FUNCTIONS.
The article focuses on the evolution of accounting functions. During the last hundred years the roles of accounting have undergone changes as startling as the developments in methods and techniques of production. These changes in accounting functions, however, are less obvious to the untrained observer than the giant industrial strides which have made The U.S., the economic envy of the world. Yet the evolution of the two are closely related. The roles which accounting has played at various times have been directly related to the needs of the businessman. It is this thesis which will be explored in the following paragraphs. Unquestionably, many ideas and procedures in accounting have developed fortuitously or have been the result of theorizing which was entirely independent of any pressing requirement of the moment. It is also readily apparent that the pressure of government upon accounting development has been significant. With the current public regulation of many business activities, the administration of economic affairs has transcended the management of the individual enterprise. When this change has taken place, accounting has followed management into the broader area with the development of a social control function of accounts.
- DOI
- 10.2308/tar-7057672
- Volume
- 29 (4)
- Pages
- 634-638
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref