The Economic Analysis of Accounting Profitability - Softcover

Edwards, Jeremy; Kay, J. A.; Mayer, Colin P.

Softcover

ISBN 10: 0198772408 ISBN 13: 9780198772408

Publisher: Oxford University Press, 1987

Synopsis

An examination of the economic analysis of the principles of accounting, this book shows that there are a number of questions for which appropriately constructed accounting data can give precise answers: whether there should be entry to or exit from an industry by a firm, for example, or whether or not a particular project should be undertaken. It not only highlights the importance of thinking clearly about the questions which are being answered with the use of accounting data; it also shows how accounts should be constructed in order to answer these questions. The authors address in particular two issues that are of great current interest in accounting--the appropriate way to adjust accounts for inflation, and the appropriate treatment of deferred taxation in accounts--and provide an analysis of the precise corrections required for both.

Edition details

• Publisher: Oxford University Press
• Publication date: 1987
• Language: English
• ISBN 10: 0198772408
• ISBN 13: 9780198772408
• Binding: Paperback
• Number of pages: 140