The digital edition of all books may be viewed on our website before purchase. Excerpt from Accounting and Business Fluctuations
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book examines the relationship between accounting methods and business fluctuations during the early 20th century, primarily in the United States. It highlights a relatively obscure theory that assigns a central role to accounting methodology in accentuating business cycles, a theory credited to a German scholar writing in the interwar period. The author argues that this theory, although largely ignored, raises many important questions regarding the role of accounting in economic fluctuations and the validity of assuming a stable monetary unit. The book explores the ways in which accounting could theoretically affect business decisions relative to investment, dividends, wages, and prices in such a way as to accentuate business fluctuations. It also examines the inherent assumptions of the theory and discusses whether those assumptions seem realistic within the institutional framework of business at the time. 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. N° de réf. du vendeur 9781390503609_0
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