Announcement
ANNOUNCING THE 1978 DOCTORAL DISSERTATION RESEARCH STIPEND
awarded by the TRUSTEES of THE ACADEMY OF ACCOUNTING HISTORIANS
This program provides a financial award to support competitively selected historical research currently being undertaken or accepted as proposed for the topic of a doctoral dissertation in the field of accounting. A committee of Trustees of The Academy will evaluate the applications for the award and select a meritorious project based upon criteria to include:
—Relevance of the topic to contemporary issues and/or the subject of the history of accounting thought —Originality of contribution —Ability of researcher to conduct and complete the research on a timely basis — Methodology
Applications should include a recent resume of the researcher, identity of faculty research supervisor(s), a statement as to career objectives, and a digest of the proposed research. Include a 150 word summary of the project.
Application Deadline — July 15, 1978
Award Date — Announcement to be made at the annual meeting of The Academy in Denver, Colorado, August, 1977
Amount of Award — $1000
Submit Application To: Dr. Maurice Newman
Chairman of the Trustees
The Academy of Accounting Historians
Box J
University, Alabama 35486
Announcement
SELECTED CLASSICS IN THE HISTORY OF BOOKKEEPING
A Reprint Collection
– NOW AVAILABLE FOR IMMEDIATE DELIVERY -SERIES III 1977 – Not previously Announced
1. DE ROOVER, Raymond, Le Livre de Comptes de Guil hum Ruyelle, Changeur à Bruges (1369). [Extrait des Annales
de la Société d’Emulation de Bruges, Tome LXXVlll] Réim-
pression 1977. Bruges,1934. pp. l5-95 (81p.) Cloth $12.50
2. DE WAAL, P.G.A., De Engelsche Vertaling van Jam Impyn’s
Nieuwe Instructie. (Economisch-Historisch Jaarboek: Bijdragen
tot de Economische Geschiedenis van Nederland uitgegeven
door De Vereenging het Nederlandsch Economisch Historisch
Archif, Achttiende Dee l, 1934] Reprinted 1977. ‘s-Gravenhage,
1934. 58p. Cloth $12.50 ch Historisch . ‘s-Gravenhage, Cloth $12.50
3. HÜGLI, Franz, Die Buchhaltungs-Systeme und Buchhal-
tungs-Formen: Ein Lehrbuch der Buchhhaltung. Mit über
hundert Formularen und 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. $24.00
5. LION, Max, Geschichtliche Betrachtungen zur Bilanztheorie
bis zum Allgeminen deutschen Hadelsgesetzbuch. Neudruck
1977. Berlin, 1928. iii, 39 S. Ln. $12.50
6. MURRAY, David, Chapters in the History of Bookkeeping,
Accountancy and Commercial Arithmetic. Reprinted 1977.
Glasgow. 1930. viii, 519p. Cloth $39.50
7. NlRRNHElM, Hans(Bearb.), Das Handlungsbuch Vickos
von Geldersen. Hrsg. vom Verein für Hamburgische Geschichte.
Neudruck 1977. Hamburg/Leipzig, 1895. lxxix, 199 S.
Ln. $31.50
8. SIEVEKING, Heinrich, Die Casa di S. Giorgio. [Genueser
Finanzwesen mit besonderer Berücksichtigung der Casa di S.
Giorgi, .II] Neudruck 1977. Freiburg,, 1899. xvi. 259 S.
Ln. $30.00
9. STROOMBERG, J., Sporen van Bockhouding voor Paciolo.
[Overdruk uit J. G. Ch Volmer: Van Boekhouden tot
Bedrijfsleer, een Bundel opstellen ter Gelegenheid van zijn
Vijfentwintig Jarig hoogleeraarschap door oud-studenten
boden ] Reprinted ^77 Woessen, 1934. pp. 246-269.
aangeb (24p.)
ntwintig >,bodenj
Cloth $12.50
10. VLAEMMINCK, Joseph-H., Histoire et Doctrines de la
Comptabilité. [Université Catholique de Louvain. Faculté
des Sciences Economiques et Sociales. Collection des L’Ecole
des Sciences Economiques, No. 52] Reimpression 1977.
Bruxelles, 1956. 231p. Cloth $27.50
ALREADY PUBLISHED
SERIES I Available – Previously Announced
1. ANYON James T., Recollections of The Early Days of
American Ac coutancy 1883-1893. New York 1925. Reprint.¬
ed 1974. 68p. Cloth $12.50
2. CRIVELLI, Pietrod, An Original Translation of the Treatise
on Double-Entry Book-Keeping by Frater Lucas Pacioli.
London 1924. Reprinted 1974. XVIII, 125p. Cloth $21.50
3. GREEN, Wilmer L., History and Survey of Accountancy.
Brooklyn 1930. Reprinted 1974. 288p. Cloth $25.00
4. JÄGER, Ernst Ludwig, Die altesten banken und der
Ursprung des Wechsels: Supplement. Stuttgart 1881. Neudruck
1974. VIII, 91 S. Ln. $12.50
5. JÄGER, Ernst Ludwig, Die Berechtigung der einfachen
Buchhaltung gegenüber der italienischen. Dritte, durch die
Geschichte der Buchhaltung und deren Unterwendung aufdie
Landwirtschaft, sowie bezüglich des kaufmännischen Theils
vermehrte Aufl. Stuttgart 1868. Neudruck 1974. IV, I47S.
Ln. $21.50
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. $12.50
7. JÄGER, Ernst Ludwig, Der Wechsel am Ende des 15.
Jahrhunderts: Ein Beitrag zum Paccioli-Jubiläum1494-1894.
Stuttgart l895. Neudruck 1974. 29 S. + 1. Ln. $12.50
8. KHEIL, Carl Peter, Benedetto Cotrugli Raugeo: Ein Beitrag
zur Geschichte der Buchhaltung. Wien 1906. Neudruck 1974.
36 S. Ln. $12.50
9. PERAGALLO, Edward, Origin and Evolution of Double
Entry Book-keeping: A Study of Italian Practice from the
Fourteenth Ccntury. New York 1938. Reprinted 1974. 156p.
Cloth $32.50
10. SIEVEKING. Heinrich, Aus Genueser Rechnungs- und
Steuer-büchern: Ein Beitrag zur mittlelalterlichen Handels und
Vermögensstatistik. Wien 1909. Neudruck 1974. 110 S.
Ln. $13.00
11. SIEVEKING, Heinrich, Genueser Finanzwesen vom 12. bis
14. Jahrhundert. Leipfzig/Tübingen 1898. Neudruck 1974.
XV, 219 S. Ln. $24.50
12. WOOLF, Arthur H., A Short History of Accountants and
Accountancy. London 1912. Reprinted 1974. XXXI. 254p.
Cloth $21.50
SERIES II Available – Previously Announced
1. DE WAAL, P.G.A., Van Paciolo tot Stevin: Een Bijdrage tot
de Leer van het Boekhouden in de Mderlanden Roermond
1927. Reprinted 1975 IX. 318p. Cloth $28.50
2. ELDRIDGE, H. J., The Evolution of the Science of Book¬
keeping. Second Edition by Leonard Frankland. London
1954. Reprinted 1975. 70p. Cloth $12.50
3. GEIJSBEEK, John B., Ancient Double-Entry Bookkeeping:
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 $38.50
4. GOMBERG, Léon, Histoire critique de la Théorie des Com¬
ptes. Genève 1929. Reprinted 1975. 88p. Cloth $12.50
5. LEYERER, C., Theorie und Geschichte der Buchhaltung:
Ein Leitfaden. Brünn 1919. Neudruck 1975. 40 S.
Ln. $12.50
6. SIEVEKING, Heinrich, Aus venetianische Handlungs-
büchern: Ein Beitrag zur Geschichte der 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. $12.50
7. SYKORA, Gustav, Systeme. Methoden und Formen der
Buchhaltung: Von ihren Anfangen bis zur Gegenwart. Wien,
1952. Neudruck 1975. 114 S. Ln. $13.00
Please send your orders to:
NIHON SHOSEKI , LTD. • 2-11, Esakacho 2-chome, Suita City, Osaka 564, Japan
Announcement
& Stephen A. Zeff
In 1976 Arno Press published in twenty-nine volumes
THE HISTORY OF ACCOUNTING. ,—
Development of Contemporary Accounting / Thought GaryJohnPrevits
Of this project Professor Maurice Moonitz said in the Accounting Review:
“This series is an auspicious start, leading us to await with keen interest subsequent Arno publications in the accounting area.”
ANNOUNCING an even more ambitious and far-reaching program
The Boundaries of the Accounting Universe
The Accounting Rules of the Selection
by George H. Sorter $12.00
Matching Revenues with Costs: An Analysis of Accounting Adaptation to Uncertainty by R. G. Walker $26. 00
A Critical Examination of the Orientation Postulate in Accounting with Particular Attention to Its Historical Development by Stephen Addam Zeff $ 16.00
Three Centuries of Accounting in Massachusetts
by William Holmes, Linda H. Kistler and
Louis S.Corsini $20.00
The Effect of Scienific Management on the Development of the Standard Cost by Marc Jay Epstein $16.00
The British Companies Acts and the Practice of Accountancy 1844-1962
by Leonard William Hein $25.00
Capital Expenditures in the Steel Industry
1900 to1953: An Investigation of Economic
Factors influencing Their Timing and
Magnitude
by Eldon S. Hendriksen $16.00
SPECIAL FEATURES:
12 Books Published for the First Time:
Implications for Accountants of the Uses
of Financial Statements
by Security Analysts
by Charles T. Horngren $15.00
The Securities and Exchange Commission
A Case Study in the Use of Accounting as an
Instrument of Public Policy
by Charles William Lamden $25.00
Accounting as a Variable in Mergers
by Russell Davis Langer $18. 00
Parallelism in Two Disciplines: A Comparison
of Auditing and Historical Method
by Florence R. Sneed $18.00
13 Original Arno Press Anthologies Prepared Specifically for This Series:
Collected Papers on Accounting
by WilliamT. Baxter $25.00
Selections from Encyclopaedia of
Accounting 1903
Edited by Richard P. Brief $28.00
The Englitsh View of Accountant’s Duties
and Responsibilities 1881-1902
Edited by Michael Chatfield $18.00
Readings on Accounting Development
Edited by S. Paul Gamer and Marilyn
Hughes $25.00
Financial Ratio Analysis – An Historical
Perspective.
Edited by James O. Horrigan $20.00
Three Contributions to the Development of
Accounting Thought
Edited by Maurice Moonitz $25. 00
Early 20th Century Development in
American Accounting Thought: A Pre-
classical School
Edited by Gary John Previts $20. 00
Relevant Financial Statements by Hoshua Ronen and George H. Sorter $20.00
Carman G. Blough: His Professional
Career and Accounting Thought
Edited by William G. Shenkir $25.00
American Engineers’ Contributions to
Cost Accounting
Edited by M.C. Wells $25.00
Selected Dickinson Lectures in Accounting
1936-1952
Edited by Stephen A. Zeff $25. 00
Essays on the History of Accounting by Basil S. Yamey $25. 00
The Historical Development of Accounting
A Selection of Papers
Edited by Basil S. Yamey $25.00
Classic Books by Such Noted Authors as:
John Bennet Canning Paul-Joseph Esquerré William Andrew Paton
William Joseph Vatter Ju Mei Yang
Charles Waldo Haskins Maurice Moonitz
Frederick William Cronhelm Sidney Davidson
Please Note! To order books listed on this page or to obtain a completely annotated brochure of The Devleopment of Contemporary Accounting Thought and The History of Accounting please use the order form below
To: Arn o Press/A New York Times Company
I”1?1]’! r ¦* I enclose check/money order for $
[ Three Park Avenue, New York, N.Y. 10016 All orders must be acompanied by payment Please
add 75c per book for postage and handling
No. of Copies Title & Author Price (New York State Residents add appropriate sales tax )
Announcement
Professor Edward N. Coffman, of Virginia Commonwealth University, Richmond, is Editor of The Academy’s working paper series.
The series currently includes 33 titles (see list) and represents an effective means
of circulating preliminary research or topics for critique by others qualified and inter¬
ested in doing so. Manuscripts for the series, and questions relating to format should
be submitted to Professor Coffman, School of Business, Virginia Commonwealth Uni¬
versity, Richmond, Va. 23284.
The manuscript submitted should be in conformity with the format rules described
in the April, 1973 Accounting Review, with all footnotes at the end in a listing.
Material should be submitted in a final form suitable for clean reproduction. Manu¬
scripts from eight to thirty pages in length are deemed most appropriate for this series.
Copies of the working papers are provided free upon request to members. There is a
service cost price of $1.00 per copy to non-members.
1. The CPA’s Professional Heritage, Part I, by bert DuPont, by Gary John Previts and S.
John L. Carey. Paul Garner.
2. The Audit of Historical Records as a Learn- 17. Evidential Matter Pertaining to the Histori-
ing Device in Studying the Environment and cal Development of the Concept of Disclo-
Socio-Economic Influences on Accounting, sure and its Uses as a Teaching Aid, by
by Richard H. Homburger. Hans V. Johnson.
3. The Accounts of Ancient Rome, by Kenneth 18. The Study of Accounting History, by Vahe
S. Most. Baladouni.
4. Survey of the Development of Auditing in 19. The Evolution of Pooling of Interests Ac-
Germany, by Rosa-Elizabeth Gassmann. counting: 1945-190, by Frank R. Ray burn.
5. The CPA’s Professional Heritage, Part II, 20. The Evolution of Corporate Reporting Prac-
by John L. Carey. tices in Canada, by George J. Murphy.
6. A Chronological Index for John L. Carey’s 21. Early Greek Accounting on Estates (Fourth
The Rise of the Accounting Profession, Vol. Century B.C.), by George J. Costouros.
I, 1896-1936, by Gary John Previts. 22. The Traditional Accounting Systems in the
7. The State of Bookkeeping in Upper Ger- Oriental Countries — Korea, China, Japan,
many at the time of the Fuggers and by Jong Hyeon Huh.
Welsers, by Hermann Kellenbenz. 23. The Evolution of Ethical Codes in Account-
a. A Chronological Index for John L. Carey’s ing, by J. C. Lambert and S. J. Lambert.
The Rise of the Accounting Profession, Vol. 24. The Oldest Book on Double Entry Book-
II, 1937-1970, by Gary John Previts. keeping in Germany, Kiyoshi Inoue.
9. A Bibliography on the Relationship between 25. An Annotated Bibliography for Historical
Scientific Management and Standard Cost- Research in Cost Accounting, by Edwin Bar¬
ing, by Marc J. Epstein. tenstein.
10. A Significant Year (1893) in the History of 26. The Role of Academic Accounting Research:
Bookkeeping in Japan, by Kojiro Nishikawa. An Historical Perspective, Eric Flamholtz.
11. Historical Development of Early Accounting 27. The Structure of Scientific Revolutions and
Concepts and Their Relation to Certain its Implications for the Development of Ac-
Economic Concepts, by Maurice S. New- counting Policy, by Diana Flamholtz.
man. 28. Development of Accounting in Hungary
12. Thirty-six Classic Articles from the 1905- from 1945, by R. L. Scholcz, President
1930 Issues of the Journal of Accountancy, Hungarian Association of Auditors.
by Richard Vangermeersch, The University 29. Historic Origins of the Purchase vs. Pooling
of Rhode Island. of Interests Problem, by Wesley T. Andrews.
13. The Development of The Theory of Contin- 30. Current Efforts to Develop a Conceptual
uously Contemporary Accounting, by R. J. Framework for Financial Accounting and
Chambers, The University of Sydney. Reporting, by William G. Shenkir.
14. The CPA’s Professional Heritage, Part III, 31. Influence of Nineteenth and Early Twen-
(Accounting Education), by John L. Carey. tieth Century Railroad Accounting on De-
15. Two Papers on the History of Valuation velopment of Modern Accounting Theory,
Theory (I. Management Behavior on Orig- by James L. Boockholdt, University of
inal Valuation of Tangible and Intangible Houston.
Fixed Assets, and II. The Significance of 32. The Historical Development of Standard
Write-Ups of Tangible Fixed Assets in the Costing Systems Until 1920, by Nathan
1920’s), by Richard Vangemeersch. Kranowski, Radford College.
16. The Golden Anniversary of One of Account- 33. The CPA’s Professional Heritage, Part IV,
ing History’s Mysterious Contributors: Al- “The Birth of the SEC”, by John L. Carey.
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 Associa¬tion 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, 653 S. Orange Avenue, Sarasota, Florida 33577.
JULY, 1978
TABLE OF CONTENTS MAIN ARTICLES
The Effect of Earnings Yield on Assessments of the Associa-tion Between Annual Accounting Income Numbers and Security Prices
S. Basu
Actuaries’ Perceptions of Variables Affecting the Indepen¬dent Auditor’s Legal Liability
Joseph J. Schultz, Jr. and Sandra G. Gustavson
Qualified Audit Reports: Their Impact on Investment Deci¬
sions Michael Firth
An Evaluation of Security Analysts’ Forecasts
Timothy Crichfield, Thomas Dyckman and Josef Lakonishok
CAV Bounds in Dollar Unit Sampling: Some Simulation Re¬sults
J. Hal Reneau
The Effects of Personality on a Subject’s Information Pro-cessing
Walter McGhee, Michael D. Shields and Jacob G. Birnberg
Direct Simulation in Stochastic CVP Analysis
John F. Kottas and Hong-Shiang Lau Choosing the Form for Business Tax Incentives
Sam A. Hicks
Announcement
ACCOUNTING AND BUSINESS RESEARCH
Number 29 Winter 1977
A research quarterly
published by the Institute of Chartered
Accountants in England and Wales
Editor: Professor R. H. Parker, University of Exeter
CONTENTS
Cash Flows and Realisable Values: the Intuitive Accounting Concepts? An Empirical Test
A Price Parity Theory of Translation
Accountancy Standards in Practice: the Experience of SSAP2
Timeliness in Corporate Reporting: Some Further Comment
Segmental Disclosures and the Segment Identification Problem
Analysing Project Cost Escalation: the Case Study of North Sea Oil
‘The History of Accounting’: Three Reviews
Book Reviews Notes on Contributors
D. P. Tweedie
Dennis H. Patz
R. W. Perks Leonora Butler
Donald M. Gilling
C. R. Emmanuel and S. J. Gray
J. A. Likierman
T. A. Lee L. Goldberg Trevor Johnston
Subscriptions (U.K.: £12.00; Overseas: £15.00, $25.00; Airmail Overseas: £18.00, $30.00) should be sent to City House, 56-66 Goswell Road, London EC1M 7AB, England.
Announcement
Reprinted and Now Available
THE ACADEMY OF ACCOUNTING HISTORIANS
Monograph # 1
A Reference Chronology of Events Significant to the Development
of Accountancy in the United States
by Knight, Previts & Ratcliffe
paperback — 102 pp. $3.00
Order from: The Academy of Accounting Historians
Box 6999 University, Alabama 35486
of
ACCOUNTING THOUGHT
by Michael Chatfield
This book is recognized, by scholars and librarians, as a standard reference work on accounting history.
KRIEGER Publishing Co.. Inc. 645 N.Y. Ave., Huntington, N.Y. 11743
The original edition has now been biblio-graphically updated in each chapter and is again available for business school majors, accounting specialists, economists and history majors.
Orig. ed. 1974 Revised ed 1977
320 pp. Hard Cover $16.50
Paperback $9.50
Reprints in the ACCOUNTING HISTORY CLASSICS SERIES
under the auspices of The Academy of Accounting Historians
and
The University of Alabama Press Gary John Previts, Series Editor
Volume 1 S. Paul Garner Evolution of Cost Accounting to 1925
$6.50 430 pp. paperback edition. November, 1976.
ISBN 0-8173-8900-8
Volume 2 James Don Edwards, History of Public Accounting in the United States
$6.50 (Tent.) 368 pp. paperback edition. October, 1978. ORDER NOW
The University of Alabama Press
Box 2877 University, Alabama 35486
GUIDE FOR SUBMITTING MANUSCRIPTS
The Academy of Accounting Historians invites manuscripts on subjects related to accounting history for The Accounting Historians Journal. Articles should have scholarly merit and present an original contribution to the knowledge in the field. Articles presenting the results of research from primary sources will be given preference. All articles will be reviewed by two or more members of the Editorial Board. The journal is scheduled to appear each Spring and Fall.
Manuscripts should be in English and of acceptable style and organization for clarity of presentation. Submit three copies double spaced on 8V2 x 11 inch paper. The manuscript should not exceed 5,000 to 7,000 words. The title page should contain name of author, affiliation and address for further correspondence. The title should reappear on the first page of the manuscript but the author should not be identified.
Tables and figures should be numbered, titled and presented in reproducable form. Limited use of original documents etc. can be accommodated in the Journal at modest additional cost to the author by submitting camera-ready copy. Impor¬tant textual materials may be presented in both the original language together with the English translation.
Footnote numbers must be referenced within the article in sequence. The bibliography should contain full reference to sources arranged in alphabetical order by author. Informational footnotes are to be presented at the bottom of the page referenced by letters and should be limited in size and number. Consult a previous number of the Journal for examples.
Proofs. Galley proofs will be sent to the author as permitted by scheduling but additions of new material must be strictly limited and excessive alterations will be charged to the author. Ten copies of the Journal on publication will be provided to the author.
Abstract. An abstract of the article will precede the printed article, and should be submitted with all manuscripts. Abstract should not exceed 100 words.
Reprints. Authors may order reprints with covers of their articles from the printer. Costs of these are billed directly to the author by the printer. Minimum order 100, prices to be established by printer.
Submit manuscripts to:
Professor Williard E. Stone University of Florida Bryan Hall Gainesville, FL 32611
Subscription can be obtained at the annual rate of $5.00 (for members) or $7.50 (for non-members) by sending orders to: Historians Journal, Drawer HJ, University, AL 35486, or by writing the Secretary of the Academy and paying the subscription in addition to dues.
