Accounting, Auditing and the Business Establishment in Colonial Auckland 1880‐1895

Abstract

Describes the Auckland, New Zealand, sharemarket of the early 1880s which possessed many features in common with the same sharemarket 100 years later. Creative accounting practices and questionable auditing judgements were some of these shared features. The Auckland sharemarket was dominated by an elite group of businessmen who controlled most of the leading companies. When the market collapsed in 1886 many of these companies experienced grave financial difficulties. Focuses on the accounting and auditing contribution to these difficulties.

Citation

Hooper, K.C., Pratt, M.J. and Kearins, K.N. (1993), "Accounting, Auditing and the Business Establishment in Colonial Auckland 1880‐1895", Accounting, Auditing & Accountability Journal, Vol. 6 No. 1. https://doi.org/10.1108/09513579310027549