
Published online:
26 September 2013
Published in print:
10 April 2013
Online ISBN:
9780804783224
Print ISBN:
9780804758307
Contents
-
-
-
-
-
-
-
-
-
Outline of this Chapter Outline of this Chapter
-
A BRIEF HISTORY OF ACCOUNTING A BRIEF HISTORY OF ACCOUNTING
-
Pacioli, the Renaissance, and the Summa Pacioli, the Renaissance, and the Summa
-
Trade, Private Property, and the Spread of Accounting Trade, Private Property, and the Spread of Accounting
-
Ancient Precursors to Accounting: Kautilya Ancient Precursors to Accounting: Kautilya
-
-
PRINCIPLES OF ACCOUNTING PRINCIPLES OF ACCOUNTING
-
Ethics Ethics
-
Fundamental Principles of Accounting Fundamental Principles of Accounting
-
Remark: Considerations That Are Not Principles of Accounting Remark: Considerations That Are Not Principles of Accounting
-
Remark: Other Statements on the Principles of Accounting Remark: Other Statements on the Principles of Accounting
-
-
Historical Cost Historical Cost
-
Remark: “Fair Value” and “Mark to Market” Requirements Remark: “Fair Value” and “Mark to Market” Requirements
-
-
-
IMPORTANT ACCOUNTING STATEMENTS IMPORTANT ACCOUNTING STATEMENTS
-
Principal Financial Statements Principal Financial Statements
-
The Balance Sheet The Balance Sheet
-
The Income Statement The Income Statement
-
The Cash Flow Statement The Cash Flow Statement
-
Remark: Varying Definitions of Cash Flow; Differences in the Literature Remark: Varying Definitions of Cash Flow; Differences in the Literature
-
-
-
ACCOUNTING CONCEPTS USED IN TRADITIONAL VALUATION METHODS ACCOUNTING CONCEPTS USED IN TRADITIONAL VALUATION METHODS
-
Concepts Used in the Asset Approach Concepts Used in the Asset Approach
-
Concepts Used in the Income Approach Concepts Used in the Income Approach
-
Note on Definitions Note on Definitions
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Cite
Anderson, Patrick L., 'Accounting for the Firm', The Economics of Business Valuation: Towards a Value Functional Approach (Redwood City, CA , 2013; online edn, Stanford Scholarship Online, 26 Sept. 2013), https://doi.org/10.11126/stanford/9780804758307.003.0006, accessed 28 Apr. 2025.
Abstract
This chapter focuses on the history, proper role, and limitations of accounting. It covers the vital role of accounting in business, why accounting is not the same as valuation, management, or finance, the history of accounting, and principles of accounting, starting with the most important one: ethics, as well as the historical cost principle.
You do not currently have access to this chapter.
Sign in
Personal account
- Sign in with email/username & password
- Get email alerts
- Save searches
- Purchase content
- Activate your purchase/trial code
- Add your ORCID iD
Purchase
Our books are available by subscription or purchase to libraries and institutions.
Purchasing informationMetrics
View Metrics
Metrics
Total Views
5
3
Pageviews
2
PDF Downloads
Since 1/1/2023
Month: | Total Views: |
---|---|
January 2023 | 2 |
April 2023 | 2 |
August 2024 | 1 |
Citations
Altmetrics
Get help with access
Institutional access
Access to content on Oxford Academic is often provided through institutional subscriptions and purchases. If you are a member of an institution with an active account, you may be able to access content in one of the following ways:
IP based access
Typically, access is provided across an institutional network to a range of IP addresses. This authentication occurs automatically, and it is not possible to sign out of an IP authenticated account.
Sign in through your institution
Choose this option to get remote access when outside your institution. Shibboleth/Open Athens technology is used to provide single sign-on between your institution’s website and Oxford Academic.
If your institution is not listed or you cannot sign in to your institution’s website, please contact your librarian or administrator.
Sign in with a library card
Enter your library card number to sign in. If you cannot sign in, please contact your librarian.
Society Members
Society member access to a journal is achieved in one of the following ways:
Sign in through society site
Many societies offer single sign-on between the society website and Oxford Academic. If you see ‘Sign in through society site’ in the sign in pane within a journal:
If you do not have a society account or have forgotten your username or password, please contact your society.
Sign in using a personal account
Some societies use Oxford Academic personal accounts to provide access to their members. See below.
Personal account
A personal account can be used to get email alerts, save searches, purchase content, and activate subscriptions.
Some societies use Oxford Academic personal accounts to provide access to their members.
Viewing your signed in accounts
Click the account icon in the top right to:
Signed in but can't access content
Oxford Academic is home to a wide variety of products. The institutional subscription may not cover the content that you are trying to access. If you believe you should have access to that content, please contact your librarian.
Institutional account management
For librarians and administrators, your personal account also provides access to institutional account management. Here you will find options to view and activate subscriptions, manage institutional settings and access options, access usage statistics, and more.