Income and Value Measurement: Theory and Practice (The Chapman & Hall Series in Accounting & Finance) - Softcover

Lee, Thomas A.

Softcover

ISBN 10: 041238180X ISBN 13: 9780412381805

Publisher: Cengage Learning EMEA, 1986

Synopsis

This text provides students with an understanding of the nature and relationship of income to capital and capital value. Aimed at students of economics and accountancy, its relevance to the inflation accounting debate should make it useful to practising accountants as well.

About this title

Review

Introduction 1. Nature and Relationship of Income, Capital and Value 2. The Income Measurement Function 3. Economic Concepts of Income and Value Economic Income as Consumption 4. The Traditional Accounting Concept of Income 5. Current Value Concepts of Income 6. Current Entry Values and Business Income 7. Current Exit Values and Realizable Income 8. Mixed Value and Current Cost Income 9. Current Value Income and Economic Income 10. The Price-Level Problem

About the Author

Tom Lee holds the Hugh Culverhouse Endowed Chair of Accountancy, University of Alabama.

Edition details

• Publisher: Cengage Learning EMEA
• Publication date: 1986
• Language: English
• ISBN 10: 041238180X
• ISBN 13: 9780412381805
• Binding: Paperback
• Edition number: 3
• Number of pages: 196