Author : Kenneth Samuel Most
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781974298471
Total Pages : 438 pages
Book Rating : 4.2/5 (984 download)
Book Synopsis Role of Accounting in the Economic Development of the Modern State by : Kenneth Samuel Most
Download or read book Role of Accounting in the Economic Development of the Modern State written by Kenneth Samuel Most and published by Createspace Independent Publishing Platform. This book was released on 2017-08-07 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: The "Somtjart Propositions" are critically exam.ined, particularly in the light of Yamey's attacks on them. An alternative hypothesis to Sornbart's view of the rise of capitalism is put forv/ard, which permits the restatement of the Sombart propositions in support of a theory of accounting as a planning and control methodology. A translation of the relevant passages from Sornbart's Dsr Modarne Kavitalisnus forms an appendix to the study. The foundations of c;.ccounting theory are shown to rest upon the assumption of price theorists that investment and prodiaction can be studied from the consumer pole. Many theorists assume that behavioral factors relevant for a consumer model of the economy are equally relevant for a producer model, in spite of the observation that Say's law no longer applies. The waakness v/hich results from this error is the absence of a usable model of a production ecGncm>y, in particular, of acceptable beliefs about the organization and processes of the firm...