The Economic Analysis of Accounting Profitability - Hardcover

Edwards, J. S. S.; Kay, John; Mayer, Colin

Hardcover

ISBN 10: 0198772416 ISBN 13: 9780198772415

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 topical issues 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 each.

Edition details

• Publisher: Oxford University Press
• Publication date: 1987
• Language: English
• ISBN 10: 0198772416
• ISBN 13: 9780198772415
• Binding: Hardcover
• Number of pages: 140