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HISTORIANS NOTEBOOK
1978-83 (2 per year), $1.00 per copy $ 12.00
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ACCOUNTING HISTORY CLASSICS SERIES (see separate announcement/ordering information in this issue)
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Announcement
Working Paper Series
In 1974, The Academy of Accounting Historians established the Working Paper Series as a means of circulating preliminary historical research. The Working Paper Series currently includes fifty-eight papers of which the first forty are available in two single bound volumes (see announcement on the next page concerning these two volumes).
Manuscripts submitted should be presented in duplicate, typed on 8/4×11 inch paper, and double spaced. Footnotes should be numbered sequentially and placed at the end of the manuscript. Bibliographies should contain complete sources arranged in alpha-betical order by author. Manuscripts ranging in length from 8 to 30 pages are deemed most appropriate for this Series. Copies of current working papers are provided to members free upon request. There is a cost of $2 per paper to non-members.
All matters pertaining to the Working Paper Series should be addressed to the Editor of the Series, Don-Rice Richards; School of Business; James Madison University; Harrisonburg, Virginia 22807 U.S.A. In addition to the forty working papers appearing in Volume 1 and Volume 2 listed on the next page, the following individual working papers are available:
41. “Factors Shaping the Independent Public Western European and North, American
Auditing Profession in the United States Linkage,” by Stanley C. W. Salvary.
from 1905 to 1933,” by Bruce E. Committe. 51. “The Nature of Historical Research,” by
42. “Frederick W. Taylor and the Evolution of Owen B. Moseley and Milton F. Usry.
Standard Overhead Costing,” by Rosita S. 52. “The Ideas of Stuart Chase: Pioneer Social
Chen and Sheng-Der Pan. Accountant and Economist,” by Robert
43. “A Synthesis of the Inquiry into the Con- Bloom.
tribution of Double-Entry Bookkeeping to 53. “The Accounting Review: 1935-39 A Digest,
Capitalism,” by James L. Strachan. Survey, and Commentary,” by James H.
44. “Philosophies of History—Their Basic Ten- Potts.
ets,” by Owen B. Moseley and Milton F. 54. “An Update and Overview of the German
Usry. Accounting Profession Post-1973,” by Hans
45. “The Development of the. Auditor’s Report J. Dykxhoorn and Kathleen E. Sinning.
in the United States,” by Tonya K. Flesher 55. “Development of Accounting in a Cen-
and Dale L. Flesher. trally-Planned Economy,” by Wlodzimierz
46. “The Evolution of Accounting in Indone- Brzezin and Alicja A. Jaruga,
sia,” by Abd. Fawzy Siddik and Herbert L. 56. “Internal Controls Then and Now: Tontines
Jensen. and Life Annuities in Old Regime France,”
47. “On the Evolution of Accounting Objec- by Robert M. Jennings and Andrew P.
tives,” by Robert Bloom. Trout.
48. “The Pioneer of Accounts Theory in Ja- 57 . “An Historical Analysis of the Financial Re-
pan: An Appraisal of the Methodology of porting Practices of Philips Industries of the
Wasaburo Kimura,” by Yoshiaki Jinnai. Netherlands for Tangible Fixed Assets and
i . Inventory 1915-1981,” by Richard Vanger-
49. “Accounting for Investments m Common meersch.
Stock in the United States of America from 58. “The Financial Statements of U.S. Steel,
1900 to the Present,” by Edward A. Becker. 58. “The Financial Statements of U.S. Steel,1902-1951: A Half Century of Leadership in
50. “An Historical Perspective of the Account- Reporting,” by Ed Younkins, Dale L.
ing Environment; A General Outline of a Flesher, and Tonya K. Flesher.
Announcement
Working Paper Series
Available in two single bound volumes are the first 40 working papers published by The Academy of Accounting Historians. These 6″ x 9″ books include the following papers and their authors.
Working Papers 1-20 Volume 1
Working Paper Number
1. “The CPA’s Professional Heritage, Part I,” by John L. Carey.
2. ” The Audit of Historical Records as a Learning Device in Studying Environmental and Socio-Economic Influences on Accounting,” by Richard H. Homburger.
3. “The Accounts of Ancient Rome,” by Kenneth S. Most.
4. “Survey of the Development of Auditing in Germany,” by Rosa-Elisabeth Gassmann.
5. “The CPA’s Professional Heritage, Part II,” by John L. Carey.
6. “A Chronological Index Prepared for John L. Carey’s The Rise of the Accounting Pro fession, Volume I, 1896-1936,” by Gary John Previts.
7. ” The State of Bookkeeping in Upper Germany at the Time of the Fuggers and Welsers,” by Hermann Kellenbenz.
8. “A Chronological Index Prepared for John L. Carey’s The Rise of the Accounting Profession, Volume II, 1937-1970,” by Gary John Previts.
9. “A Bibliography on the Relationship Between Scientific Management and Standard Costing,” by Marc J. Epstein.
10. “A Significant Year (1873) in the History of Bookkeeping in Japan,” by Kojiro Nishikawa.
11. “Historical Development of Early Accounting Concepts and Their Relation to Certain Economic Concepts,” by Maurice S. Newman.
12. “Thirty-six Classic Articles from the 1905-1930 Issues of The Journal of Accountancy,” by Richard Vangermeersch.
13. “The Development of the Theory of Continuously Contemporary Accounting,” by R. J. Chambers.
14. “The CPA’s Professional Heritage, Part III,” by John L. Carey
15. ” Two Papers on the History of Valuation Theory (I. Management Behavior on Original Valuation of Tangible and Intangible Fixed Assets. II. The Significance of Write-
ups of Tangible Fixed Assets in the 1920’s),” by Richard Vangermeersch.
16. ” The Golden Anniversary of One of Accounting History’s Mysterious Contributors: Albert DuPont,” by Gary John Previts and S. Paul Garner.
17. “Evidential Matter Pertaining to the Historical Development of the Concepts of Disclosure and Its Uses as a Teaching Aid,” by
Hans V. Johnson.
” The Evolution of Pooling of Interests Accou burn. ing o Fran f Interests k R. Ray- Accounting: 1945-1970,” by
18. The Study of Accounting History,” by Vahe Baladouni. The Evolution of Corporate Reporting Practices in Canada,” by George J. Murphy.
19. Working Papers 21-40 Volume 2
20. Working Paper Number
21. “Early Greek Accounting on Estates (Fourth Century B.C.),” by George J. Costouros.
22. ” The Traditional Accounting Systems in the Oriental Countries—Korea, China, Japan,” by Jong Hyeon Huh.
23. “The Evolution of Ethical Codes in Accounting,” by Joyce C. Lambert and S. J Lambert, III.
24. “The Oldest Book of Double Entry Book keeping in Germany,” by Kiyoshi Inoue.
25. “An Annotated Bibliography for Historical Research in Cost Accounting,” by Edwin Bartenstein.
26. ” The Role of Academic Accounting Research: An Historical Perspective,” by Eric Flamholtz.
27. “The Structure of Scientific Revolutions and Its Implications for the Development of Accounting Policy,” by Diana Flamholtz.
28. ” The Development of Accountancy in Hungary Since 1946. . . ,” by Rezso L. Scholcz.
29. “Historic Origins of the Purchase vs. Pooling of Interests Problem,” by Wesley T. Andrews.
30. “Current Efforts to Develop a Conceptual Framework for Financial Accounting and Reporting,” by William G. Shenkir.
31. ” Influence of Nineteenth and Early Twentieth Century Railroad Accounting on Development of Modern Accounting Theory,” by James L. Boockholdt.
32. ” The Historical Development of Standard Costing Systems Until 1920,” by Nathan Kranowski.
33. “The CPA’s Professional Heritage, Part IV,” by John L. Carey.
34. ” The Evolution of Accounting Theory in Europe from 1900 to the Present Day and Its Implications on Industrial Management of Tomorrow,” by Paul Weilenmann.
35. “Sombart on Accounting History,” by Kenneth S. Most.
36. “A Most Unforgetable Accounting Historian: Frederic G. Gamble,” by Paul Garner and Reza Espahbodi.
37. “Historical Overview of Developments in Cost and Managerial Accounting,” by M. Zafar Iqbal.
38. “Comments on Accounting Disclosures in the Baltimore and Ohio Annual Reports from 1828 Through 1850,” by Richard Vangermeersch.
39. “A Contemporary Review of the Evolution of Value Concepts (1500-1930),” by J. W. Martin.
40. “Tracing the Development of a Conceptual Framework of Accounting—A Western European and North American Linkage: A Partial Examination,” by Stanley C. W. Salvary.
Order From: Don-Rice Richards School of Business James Madison University Harrisonburg, Virginia 22807 U.S.A. Cost: $5 to members of The Academy of Accounting
Historians; $7.50 to non-members Make check payable to: The Academy of Accounting Historians
Announcement
Reprints in the ACCOUNTING HISTORY CLASSICS SERIES
under the auspices of The Academy of Accounting Historians
and
The University of Alabama Press Dale A. Buckmaster, Series Editor
Volume 1 S. Paul Garner Evolution of Cost Accounting to 1925
$11.95 430 pp. paperback edition. November, 1976.
ISBN 0-8173-8900-8
Volume 2 James Don Edwards, History of Public Accounting in the United States
$11.95 368 pp. paperback edition. August, 1978. (out of print)
Volume 3 A. C. Littleton, Accounting Evolution to 1900 $11.95 373 pp. paperback edition. 1981.
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Announcement
ccounting Historians J ournal
announces that the ELEVENTH ANNUAL
HOURGLASS AWARD
for the most notable contribution to the literature of Accounting History
has been awarded to Richard P. Brief
for his publications in Accounting History Research
and his editing of Classic Accounting Reprints
Previous Recipients of the Award
1973 —Stephen A. Zeff 1974 —Michael Chatfield
1975 — Hans-Martin Schoenfeld
1976 — Osamu Kojima and Basil Yamey
1977 — A. Van Seventer
1978 — David Forrester
1979 —Murray Wells
1980 — Gary John Previts and
Barbara D. Merino 1981—H. Thomas Johnson 1982 — Williard E. Stone
Announcement
ACCOUNTING AND BUSINESS RESEARCH
Number 51 Summer 1983
A research quarterly published by the Institute of Chartered Accountants in England and Wales
Editor: R. H. Parker, University of Exeter, England
CONTENTS
The Accounting Syntactic Complex Formula: A New Instrument for Predicting the Readability of Selected Accounting Communications Arthur Harris Adelberg
Taxation Implications of Companies Purchasing their Own Shares T. E. Cooke J. J. Glynn
Standard Cost Variance Analysis in a Learning Environment David W. Harvey Soliman Y. Soliman
The Current Cost of a Quoted Long-Term Liability Carrick A. Martin
A Review of Recent Trends in Capital Budgeting Processes R. H. Pike
The First Danish Book on Book-keeping and Accounts B. S. Yamey
Coincidence Discovered: A Further Example and a Comment A. J. Robb
German Accounting Principles Applied. A Review Article D. A. R. Forrester
Book Reviews
Subscriptions should be sent to City House, 56-66 Goswell Road, London EC1M 7AB, England. Subscription rates are: UK £18, Overseas £24, Airmail Overseas £29.
Announcement
THE ACCOUNTING REVIEW
The Accounting Review is the official journal of the American Accounting Association, and is published quarterly. The Asso-ciation is a voluntary organization of persons interested in ac-counting education and research. Membership in the Association entails annual dues of US$25 for residents of the United States and Canada and US$12 for others. Libraries may take out subscriptions to the Review. All communications regarding membership and subscriptions should be sent to the American Accounting Association, 5717 Bessie Drive, Sarasota, Florida 33583.
TABLE OF CONTENTS
Vol. LIX July 1984 No. 3
MAIN ARTICLES
A Field Test of Implications of Laboratory Studies of Decision Making Alison Hubbard Ashton
Segment Earnings Disclosure and the Ability of Security
Analysts to Forecast Earnings Per Share Bruce A. Baldwin
The Evolution of Management Accounting Robert S. Kaplan
The Effect of Convertible Bond Equity Values on
Dilution and Leverage Raymond D. King
The Relevance of SFAS 33 Inflation Accounting
Disclosures in the Adjustment of Stock
Prices to Inflation Bill McDonald and Michael H. Morris
Some Junctures in the Evolution of the Process of
Establishing Accounting Principles in the U.S.A.: 1917-1972 Stephen A. Zeff
NOTES
An Analysis of the Reliability of the FASB
Data Bank of Changing Price and Pension
Information Mary Stone and Bruce Bublitz
A Chance-Constrained Programming Approach
to Cost-Volume Profit
Analysis P. Brockett, A. Charnes, W. W. Cooper, and Hong-Chul Shin
Use of the Production Function in Calculation of
Standard Cost Variances —
An Extension David Marcinko and Enrico Petri
EDUCATION RESEARCH, Jack Kiger, Editor
On the Use of Entry Requirements for Undergraduate
Accounting Programs Raymond C. Dockweiler and Carl G. Willis
The Rationale Underlying the Functional
Currency Choice Lawrence Revsine
A Taxonomy of Price Change Models Lanny Chasteen
BOOK REVIEWS, Harvey S. Hendrickson, Editor
Announcement
AVAILABLE FOR IMMEDIATE DELIVERY
SELECTED CLASSICS IN THE HISTORY Of BOOKKEEPING A Reprint Collection
SERIES I Reprinted 1974
1. ANYON, James T., Recollections of The Early Days of American Accountancy 1883- 1893. New York 1925. Reprinted 1974. 68p. Cloth $15.00
2. CRIVELLI, Pietro, An Original Translation of the Treatise on Double-Entry Book-Kecping by Frater Lucas Pacioli. London 1924. Reprinted 1974. XVIII, 125p. Cloth $26.00
3. GREEN, Wilmer L., History and Survey of Accountancy. Brooklyn 1930. Reprinted 1974. 288p. Cloth $30.00
4. JÄGER, Ernst Ludwig, Die ältesten Banken und der Ursprung des Wechsels: Supplement. Stuttgart 1881. Neudruck 1974. VIII, 91 S. Ln. $15.00
5. JÄGER, Ernst Ludwig, Die Berechtigungder einfachen Buchhaltung gegenüber deritalienischen. Dritte. durch die Geschichte der Buchhaltung und deren Unterwendung auf die Landwirtschaft, sowie bezüglich des kaufmän-nischen Theils vermehrte Aufl. Stuttgart 1868. Neudruck 1974. IV. 147 S.
Ln. $26.00
6. JÄGER, Ernst Ludwig, Der Traktat des Lucas Paccioli von 1494 über den Wechsel Vortrag gehalten am 22. März 1878 vor dem kaufmännischen Vereine von Stuttgart. Stuttgart 1878. Neudruck 1974. 40 S Ln. $15.00
7. JÄGER, Ernst Ludwig, Der Wechsel am Ende des 15. Jahrhunderts Ein Beitrag zum Paccioli Jubilaum 1494-1894 Stuttgart 1895.
Neudruck 1974 .29 S. + 1. Ln. $15.00
8. KHEIL, Carl Peter, Benedetto Cotrugli Raugeo: Ein Beitrag zur Geschichte der Buchhaltung. Wien 1906. Neudruck 1974. 36 S. Ln $15.00
9. PERAGALLO, Edward, Origin and Evolution of Double Entry Bookkeeping: A Study of Italian Practice from the Fourteenth Century. New York 1938. Reprinted 1974. 156p. with Author’s errata. Cloth $35.00
10. SIEVEKING, Heinrich, Aus Genueser Rechnungsund Steuerbüchern: Ein Beitrag zurmittlelalterhchen Handels und Vermögensstatistik. Wien 1909. Neudruck 1974. 110 S. Ln. $15.50
11. SIEVEKING, Heinrich, Genueser Finanzwesen vom 12. bis 14. Jahrhundert. Leipzig/Tübingen 1898. Neudruck 1974. XV, 219 S. Ln. $29.00
12 WOOLF, Arthur H., A Short History of Accountants and Accountancy. London 1912. Reprinted 1974. XXXI. 254p. Cloth $25.00 SERIES II Reprinted 1975
1. DE WAAL, P.G.A., Van Paciolo tot Stevin: Een Bijdrage tot de Leer van het Boekhouden in de Nederlanden. Roermond 1927. Reprinted 1975 IX, 318p. Cloth $34.00
2. ELDRIDGE, H.J., The Evolution of the Science of Book-keeping. Second Edition by Leonard Frankland. London 1954. Reprinted 1975. 70p. Cloth $15.00
3 GEIJSBEEK. John B., Ancient Double-Entry Book-keeping: Lucas Pacioli’s Treatise (A. D. 1494 – The Earliest Known Writer on Bookkeeping) Reproduced and Translated with Reproductions, Notes and Abstracts from Manzoni, Pietra, Ympyn, Stevin and Dafforne. Denver, 1914. Reprinted 1975.IV, 182p. Folio. Cloth $46.00
4. GOMBERG, Léon, Histoire critique de la Théorie des Comptes. Genève 1929. Reprinted 1975. 88p. Cloth $15.00
5. LEYERER, C., Theorie und Geschichte der Buchhaltung: Ein Leitfaden. Brünn 1919. Neudruck 1975. 40 S. Ln. $15.00
6. SIEVEKING, Heinrich, Aus venetianische Handlungsbüchern: Ein Beitrag zur Geschichte des Grosshandels im 15. Jahrhundert. [Jahrbuch für Gesetzgebung, Verwaltung und Volkswirtschaft im Deutschen Reich: Neue Folge. 25.- 26. Jahrg.] Leipzig, 1901/2. Neudruck 1975. 72 S. Ln. $15.00
7. SYKORA, Gustav, Systeme, Methoden und Formen der Buchhaltung: Von ihren Anfangen bis zur Gegenwart. Wien, 1952. Neudruck 1975. 114 S. Ln. $15.50
SERIES III Reprinted 1977
1. DE ROOVER, Raymond, Le Livre de Comptes de Guillaume Ruyelle. Changeur a Bruges (1369). [Extrait des Annales de la Société d’Emulation de Bruges, Tome LXXVIII] Réimpression 1977. Bruges, 1934. pp. 15-95 (81p) Cloth $15.00
2. DE WAAL, P.G.A., De Engelsche Vertaling van Jan Impyn’s Nieuwe Instructie. [Economi-sch-Historisch Jaarboek: Bijdragen tot de
Economische Geschiedenis van Nederland uitge-geven door De Vereeniging het Nederlandsch Economisch Historisch Archif, Achttiende Deel, 1934] Reprinted 1977. ‘s-Gravenhage, 1934. 58p Cloth $15.00
3. HÜG LI, Franz, Die Buchhaltungs- Systeme und Buchhaltungs-Formen: Ein Lehrbuch der Buchhaltung. Mit über hundert Formularenund zwei Holzschnitten. Neudruck 1977. Bern, 1887. xii, 680 S. Ln. $69.50
4. KEMPIN, W., Vom Geist der Buchführung. Neudruck 1977. Köln, 1910, 192 S. Ln. $28.00
5. LION, Max, Geschichtliche Betrachtungen zur Bilanztheorie bis zum Allgemeinen deutschen Handelsgesetzbuch. Neudruck 1977. Berlin, 1928. iii, 39 S. Ln. $15.00
6. MURRAY, David, Chapters in the History of Bookkeeping, Accountancy and Commercial Arithmetic. Reprinted 1977. Glasgow, 1930. viii, 5l9p. Cloth $42.00
7. NIRRNHEIM, Hans (Bearb.), Das Handlungsbuch Vickos von Geldersen. Hrsg. vom Verein für Hamburgische Geschichte Neudruck 1977. Hamburg/Leipzig, 1895. lxxix, 199 S.
Ln. $37.00
8. SIEVEKING, Heinrich. Die Casa di S. Giorgio. [Genueser Finanzwesen mit besonderer Berucksichtigung der Casa di S. Giorgio, II] Neudruck 1977. Freiburg, 1899. xvi, 259 S. Ln. $36.00
9. STROOMBERG, J., Sporen van Boekhouding voor Paciolo. [Overdruk uit J. G. Ch Volmer: Van Boekhouden tot Bedrijfsleer, een Bundel opstellen ter Gelegenheid van zijn Vijfentwintig Jarig hoogleeraarschap door oud-studentenaangeboden] Reprinted 1977. Woessen, 1934. pp. 246-269. (24p.) Cloth $15.00
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Announcement
ACCOUNTING AND FINANCE
Journal of the Accounting Association of Australia and New Zealand
Vol. 23, No. 2 November, 1983
Accounting Education in Australia:
1982-83 Peter E. M. Standish
A Conceptual Approach to the Problem of Incorporating the Phenomenon of Debt Interdependences Upon
Liquidation G. W. Dean and
P. F. Luckett
Financial Lease Analysis: Consistent
and Inconsistent Approaches Peter Howard
The Core of the Curriculum for Accounting Undergraduates —
An Australian Study J. Flanagan and
R. Juchau
Random Walks on the Stock
Exchange of Singapore Hwang Soo Chiat
and Frank J. Finn Communications Book Reviews
Accounting and Finance is published twice yearly in May and November by the Accounting Association of Australia and New Zealand. The membership fee is $20 per year and members receive the Journal and any published supplement. Non-members, i.e. libraries etc., can take out a subscription for the Journal for $20 per year. Editorial correspondence should be addressed to Professor R. R. Officer, Editor, Department of Accounting and Finance, Monash University, Clayton, Victoria, 3168, Australia. Applications for membership should be addressed to The Membership Secretary—A.A.A.N.Z., c/o Professor R. R. Officer, Department of Accounting and Finance, Monash University, Clayton, Victoria, 3168, Australia.
Announcement
TO ALL MEMBERS OF THE ACADEMY OF ACCOUNTING HISTORIANS
Please ensure that the Library of your university, firm or corporation
is a subscriber to The Accounting Historians Journal
Announcement
Annual membership dues for individuals, institutions, and libraries for 1984 are twenty U.S. dollars ($20.00). Membership dues for doctoral students actively pursuing their program, $7.50.
Members residing outside the United States are asked to remit payments in U.S. funds drawn on U.S. banks. The collection costs on non-U.S, fund remittances have risen sharply in recent years and we can no longer absorb these charges.
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