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Principles of Accounting (Classic Reprint) - Softcover

 
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Excerpt from Principles of Accounting

This book is intended primarily as a text for general accounting courses in colleges and universities. It may also be of interest to other readers than college students who wish to understand the fundamentals of accounting. Although new books are now being rapidly added to the list of general treatises on the subject the authors feel that no apology need be offered for the appearance of this volume. There has been a dearth of material available for the student of economics who desires a broad training in accounting principles as a part of a general equipment. The texts available are, for the most part, too highly professional and specialized for this purpose, and are without adequate reference to the background of economic principles underlying all all commercial transactions. In other words, although there are many books intended for the business man and professional accountant there are few works on accounting which even profess to be suited to the needs of the student of economics. It is the aim of this book to present the principles of the subject in such a way as to meet the needs of the general student as well as to afford the proper basis for specialized work in professional accountancy.

An effort has been made to develop principles without discussing the details of specific systems of bookkeeping and office methods. This procedure implies that accounting is a science dealing with logical classifications and embracing a definite body of doctrine which can be developed independently of mere clerical routine. Furthermore, since the classroom is not a laboratory capable of reproducing exact business conditions, and since bookkeeping methods are constantly changing, a discussion of clerical details is of minor importance in a treatise on principles. Once a student is thoroughly grounded a mastery of the technical details of any particular system of accounts is easily attained.

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  • PublisherForgotten Books
  • Publication date2018
  • ISBN 10 1330429923
  • ISBN 13 9781330429921
  • BindingPaperback
  • LanguageEnglish
  • Number of pages709

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William Andrew Paton
Published by Forgotten Books, 2018
ISBN 10: 1330429923 ISBN 13: 9781330429921
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Paperback. Condition: New. Print on Demand. This book, initially intended as a textbook for general accounting courses in universities, is also highly accessible to the non-academic reader interested in understanding the fundamentals of accounting. Though new accounting books are constantly emerging, the author argues that sufficient material suited to students and general readers who desire a broad training in accounting principles remains lacking. The texts available are, for the most part, overly specialized and professionalized, lacking an adequate grounding in economic principles underlying commercial transactions. Thus, this book aims to present these principles in a way that is both accessible and comprehensive, without delving into the details of specific bookkeeping systems or office methods. Through clear explanations and practical examples, the author unpacks topics such as interest transactions, valuation, and the significance of the concept of proprietorship, leading the reader to a deeper understanding of accounting's role in analyzing business situations and making informed decisions. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330429921_0

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ISBN 10: 1330429923 ISBN 13: 9781330429921
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William Andrew Paton
Published by Forgotten Books, 2018
ISBN 10: 1330429923 ISBN 13: 9781330429921
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