The Evolution of Income Accounting in Eighteenth and Nineteeth Century Britain (Speical Issue of the Faculty of Information Management)

概要

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Double-entry bookkeeping appeared at the start of the thirteenth century in Italy, and developed into a system for calculating the total income of business by the first half of the fourteenth century at the latest. However, its primary role was not initially in total incom calculation, but in the memorandum of debts and credits. The function of calculating total income of business at the end of the fiscal year didin't yet exist. After this, accounting underwent a majour evolution accompanying the development of commerce and industry. In particular, siginificant changes occurred during the Industrial Revolution. In this paper, I will be looking at three questions: First, when did evaluation by market value occur? Secondly, why did people invent the comparative balance sheet, which was the genesis of the cash flow statement? Thirdly, how did depreciation come to appear instead of just the writing-down of the cost of fixexd assets? I will mainly discuss these points to clarify the evolution of income accounting in eighteenth and nineteenth centuries Britain.
大阪経済大学の論文
2007-01-15