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The Accounting Review Vol. 34 No. 2 1959

NOTES ON FUNDS PROVIDED BY OPERATIONS.

George H. Sorter

University of Chicago. 1

Abstract

One of the recurrent problems faced by accountants is to convince consumers of accounting data that depreciation expense is not a source of funds. The method in this article represents a rather complex and formalistic attempt to drive home an obvious point, but such a system of definitions seems in order, since, unless the author's experience has been unique, it appears that the absurdity of funds provided by depreciation expense has not always been self-evident.

DOI
10.2308/tar-7131497
Volume
34
Issue
2
Pages
302-302
Language
en
Sources
openalex crossref

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