Index
William A. Paton: A Study of his Accounting Thought
ISBN: 978-1-78756-408-4, eISBN: 978-1-78756-407-7
ISSN: 1479-3504
Publication date: 1 November 2018
This content is currently only available as a PDF
Citation
(2018), "Index", Williams, K.L. and Lawrence, H.J. (Ed.) William A. Paton: A Study of his Accounting Thought (Studies in the Development of Accounting Thought, Vol. 22), Emerald Publishing Limited, Leeds, pp. 169-174. https://doi.org/10.1108/S1479-350420180000022007
Publisher
:Emerald Publishing Limited
Copyright © 2018 Emerald Publishing Limited
INDEX
Index
“A” group of postulates
, 77
Accountants’ Handbook, The
, 1, 70
Accounting
as aid to management
, 126–128
approaches
, 34–37
community
, 50
organization influences
, 49–53
Accounting (Paton),
, 91, 94
Accounting education, Paton’s thoughts on
accounting in college curriculum
, 79–83
attacks against accounting
, 83–86
continuing education
, 85–86
Paton’s influence on University of Michigan
, 99–100
Paton’s speaking engagements
, 98–99
Paton’s students
, 88–89
Paton’s teaching experiences
, 86–88
Paton’s textbooks
, 89–97
Paton’s use of cases in classroom
, 98
reaction to Paton’s textbooks
, 97
Accounting Evolution to
, 1900, 106
Accounting postulates, Paton’s contributions to
, 55
assets equal equities
, 57–60
basic assumptions of accountant
, 55–76
cost gives value
, 68
entity concept
, 56
going concern
, 56–57
initial cost
, 66–68
losses extinguishing ownership
, 71
modern significance of Paton’s assumptions
, 76–78
recognition of revenue
, 69
representations of balance sheet
, 60–61
stability of monetary unit
, 61–66
uniformity of depreciation
, 69–71
valuation of inventory
, 71–76
Accounting Principles Board (APB)
, 34, 51, 52
Accounting Principles Board Opinion (APBO)
, 44
Accounting Research Bulletins (ARBs)
, 48, 50
ARB No.
, 29, 73
Accounting Research in Association
, 106–108
Accounting Research Study (ARS)
, 37
Accounting Review, The
, 1, 2, 42, 70, 84, 104–105, 111
Accounting Series Release No.
, 190, 48
Accounting Series Release No. 53 (ASR No. 53)
, 65
Accounting Theory
, 37, 39, 56, 64
Accounting Theory, with Special Reference to the Corporate Enterprise
, 91
Accounting thought
, 1
importance of understanding past
, 3–6
methodology
, 11–12
organization of study
, 7–10
purpose of study
, 6–7
study limitations
, 10–11
“Actual cost”
, 43, 47
“Ad hoc” approach
, 115
Advanced Accounting (Paton)
, 73, 91, 97, 117
American Accounting Association (AAA)
, 1, 101–104
American Accounting Review, The
, 104
American Association of Public Accountants (AAPA)
, 4, 5, 103
American Association of University Instructors in Accounting (AAUIA)
, 6, 80–81, 91, 101–102, 104
AAUIA name problems
, 102–103
American Economic Association
, 1
American Institute of Accountants (AIA)
, 49, 103
American Institute of Certified Public Accountants (AICPA)
, 1, 49, 101, 113–117, 134, 135
Committee on Education
, 81–82
An Introduction to Corporate Accounting Standards (See, Paton and Littleton Monograph)
“Analysis, planning, and control”
, 84
Appreciation of fixed assets
, 62
Arkansas Department of Public Utilities (ADPU)
, 68
Asset Accounting (Paton)
, 92, 94–96
Assets
, 42, 58
groups
, 59
Assets equal equities
, 57–60
equation
, 94
Assumptions of Accounting (1917)
, 62
Axiomatic approach
, 36
Ayn New Kunstlich Buech (Grammateus)
, 4
“B” group of postulates
, 77
Balance sheet
, 58
representations
, 60–61
Base stock method of inventory valuation
, 57
“Basic Postulates of Accounting”, The
, 76
Behavioral approaches
, 36
Bierman’s dissertation
, 50
Bond discount
, 60–61
Book of the Art of Trade
, 3
Book value
, 59
Bookkeeping (defense of)
, 6, 81
Brash outsider (of education)
, 8
Business, the
, 56
“C” group of postulates
, 77
Cardano’s formula
, 4
Certified Public Accountants (CPAs)
, 5
laws
, 79
Chapters on Money (1906)
, 23
Chartered Accountant certification
, 28–29
Classroom interactive activities
, 36
Committee on Accounting Procedure (CAP)
, 1, 50, 108, 112–113
limitations
, 113–114
members
, 115
research department
, 115–116
Communication theory approach
, 36
Compensation, Paton’s views on
, 128
Contemporary Accounting, a Refresher Course for Public Accountants
, 85–86
“Conventions” (of accounting)
, 49
“Copper country” of Keweenaw Point, Michigan
, 13
Corporate accountability, challenges of
, 51
Corporate Profits as Shown by Audit Reports (Paton)
, 125
“Corporate” standards
, 111
Corporation Accounts and Statements (Paton)
, 92, 96–97
Corporation influence
, 38–40
Cost
, 67
actual
, 43, 47
basis
, 63
gives value
, 68
initial
, 66–68
price-influencing
, 65
principle
, 73
recorded
, 64
replacement
, 47
summations of
, 42
Council on Accounting Research
, 106
Critical theory
, 36
Current-cost accounting
, 47, 62
De Computis et Scripturis
, 4
Deductive approach
, 34–35
Depreciation
, 47
of fixed assets
, 62
uniformity of
, 69–71
“Depreciation Deduction–LIFO Principle Should Be Extended to Cover Depreciable Plant Assets”
, 75
Dissertations (Chaired by Paton)
, 26–27
Double taxation
, 41
Earning power
, 61, 66
Economic
fallacies
, 125
influence
, 41–42
Economic and social factors impact on Paton’s thinking
, 44
accounting organization influences
, 49–53
inflation
, 47–48
pension movement
, 48–49
Efficiency (Paton’s first “E”)
, 130
Eighth-grade equivalency (Paton’s)
, 19
Encyclopedias (Read by Paton)
, 18
Entity
, 39
concept
, 56
theory
, 58
Environmental influences
, 38
Equity (Paton’s second “E”)
, 130
Essentials of Accounting (Paton)
, 30, 72–75, 90, 92–94, 117
Ethical approach
, 35–36
Exceptions in revenue recognition
, 69
Fairness (Applied to the Ethical Approach)
, 36
Federal Power Commission (FPC)
, 67
Federation of Societies of Public Accountants in America (FSPAA)
, 5
Financial Accounting Standards Board (FASB)
, 34
Financial Reporting and Changing Prices
, 48
First-in, first out (FIFO)
, 71–75
Fluctuating price level
, 62
Foundation for Economic Education (FEE)
, 134
Freeman, The (Paton)
, 129–130
“Full cost”
, 65
Games (Childhood)
, 17
Generalized statement of theory
, 35
Geometria,
, 4
Going concern
, 56–57
Gordon and Howell report
, 83–84
Great Depression
, 14, 44, 45, 63, 76
Guide to the William Andrew Paton Papers, A
, 42
Handling discount method
, 60–61
Hatfield’s An Historical Defense of Bookkeeping
, 6, 81
“Hit-and-miss” bundling
, 92
Imlay City high school
, 19
Income determination model
, 51
Inductive approach
, 35
Industrial enterprise
, 93
Inflation
, 47–48
“Information analysis and systems”
, 84
“Information function of management”
, 84
Initial cost
, 66–68
Insolvency
, 57
Institute of Accountants
, 5
Intangibles of kinds
, 59
Intermediate Accounting
, 92
Internal Revenue Service (IRS)
, 71–72
“Interpretation”
, 64
Interstate Commerce Commission
, 43
Introduction to Corporate Accounting Standards, An
, 2, 37, 39, 51, 57, 61, 62, 64, 66, 108, 112, 133
Inventory, valuation of
, 71–76
Joint Committee on the Economic Report
, 75
Journal of Accountancy
, 1, 62, 67, 68, 75, 76, 102, 105, 107, 111, 114, 117, 134
Journal of Accounting Research
, 75–76
Journal of Political Economy
, 23
Justice (applied to the ethical approach to accounting)
, 35
Kansas City Public Service Company
, 123
Keller, Thomas
, 28
“Last in, first out” method (LIFO method)
, 12, 72, 73, 74
of valuing inventories
, 41
Liabilities
, 39, 57–58, 60
Libro del’arte dela mercatura (see Book of the Art of Trade)
Long-term fund accumulations and investments
, 59
Losses extinguishing ownership
, 71
“Major phenomenon of depression”
, 46
Manufacturing balance
, (see Trading balance)
Marked departure
, 64
Michigan Act
, 5
Michigan Business Review
, 1
Michigan Certified Public Accountant
, 8
Michigan School of Business
, 41–42
Modern Accounting (Hatfield)
, 26
Modern Significance of Paton’s Assumptions
, 76–78
Monograph
, 67
Mont Pelerin Society
, 1
National Association of Cost Accountants (NACA)
, 10, 101, 117–120
National Bureau of Economic Research
, 114
National Recovery Act
, 118
New York Telephone Company
, 43
Nonhomogeneous residuals
, 60
Paton, Andrew
, 13–17
Paton, Arthur
, 14, 17–19
Paton, Esther Gertrude
, 14
Paton, Margaret
, 21
Paton, Marian
, 14, 16, 17, 20
Paton, Mary Nowlin (mother)
, 13–18
Paton, Mary Sleator (spouse)
, 20–21
Paton, Robert
, 14–19
Paton music training
, 17
Paton, William Andrew
, 13–14, 135–136, 137
accounting as aid to management
, 126–128
achievements
, 19
advocacy of replacement-cost accounting
, 63
articles publishing by Paton in selected periodicals
, 29
brothers and sisters
, 14–15
change in attitude
, 64, 75
children
, 21
college years
, 19–20
consultations and testimonies
, 123–124
draft
, 65
early childhood
, 15–17
early teaching years
, 20
economic theory
, 42
as economist
, 124–126
faculty peer influence on
, 22–25
family
, 13–17
honoring
, 136
impact on professional societies
, 120
influence of other accounting professionals
, 25–26
influence on others
, 28–31
influence on University of Michigan
, 99–100
marriage
, 20–21
nonteaching activities
, 121–122
partnership with Ross
, 122–123
political involvement
, 128–131
postulate approach
, 37
professional career
, 21–22
reaction to Paton’s textbooks
, 97
recognition
, 138–139
retirement
, 139–140
schooling
, 18–20
speaking engagements
, 98–99
students
, 26–28, 88–89
teaching experiences
, 86–88
teaching method
, 8
textbooks
, 89–97
“unflinching allegiance to cost”
, 64
use of cases in classroom
, 98
views on compensation
, 128
Paton, William Jr. (Andy)
, 21, 94
Paton and Littleton Monograph
, 37, 39, 51, 61, 64, 67, 71, 81, 101, 106, 108–113
Paton approach
, 36–37
Paton Center
, 137–138
Paton Center of Accounting, The
, 84
Paton on Accounting (Howard Greer)
, 31
Paton philosophy
, 33
approaches to accounting
, 34–37
corporation influence
, 38–40
development
, 38–44
impact of economic and social factors on Paton’s thinking
, 44–53
economics influence
, 41–42
environmental influences
, 38
influence of regulation of public utilities
, 43–44
taxation influence
, 40–41
Paton thought
, (see also Accounting education, Paton’s thoughts on), 127
“Paton way”
, 2
Pay-as-you-go basis
, 49
Pension movement
, 48–49
Philosophy of Accounts, The
, 26
Pierson report
, 83–84
Postmodernist approach
, 36
Postulates
, 37, 76
Practical approach
, 34
Preferential recognition of operating charges
, 46
Price-influencing costs
, 65
Principles of Accounting (Paton)
, 62, 90, 91, 92, 97
Principles of Economics (Frederick Taylor)
, 23, 24
“Principles”
, 33–53
Problems of Income Analysis
, 24
Professional societies, Paton’s contributions to
AAA
, 101, 102–104
AAUIA
, 101–102, 104
Accounting Research in Association
, 106–108
Accounting Review, The,
, 104–105, 111
AICPA
, 101, 113–117
Impact on professional societies
, 120
NACA
, 101, 117–120
Property (Paton definition)
, 57
Proportioni et Proportionalita
, 4
Public utilities, regulation influence of
, 43–44
Railroad industry
, 43
Reaction to Paton’s Textbooks (Paton)
, 97
Alternative methods of depreciation
, 70
Recorded costs
, 64
“Reducing balance method”
, 70
Replacement cost
, 47
Repositories for funds
, 42
Research in the AAA
, 106–108
“Residual” equity
, 39
Revenue Act (1918)
, 40
Revenue recognition
, 69
Roaring twenties (effect on Paton’s thoughts)
, 78
Ross, Howard (Former Dean of McGill University)
, 28
“Rules”, (The ethical approach)
, 49
“Schools of accounting”
, 84
Scott, DR (The ethical approach)
, 35–36
Securities and Exchange Commission (SEC)
, 48–51, 63, 65, 115
Shirtsleeve Economics (Paton)
, 125–126
Short-Form Income Statement
, 118
Sociological approaches to accounting
, 36
Special Bulletin Series
, 70
Stability of monetary unit
, 61–66
Stanford University Graduate Study Conference
, 47
Statement of Accounting Principles, A
, 63, 72, 107–108, 112
Statement of Financial Accounting Standards No. 33 (SFAS No. 33)
, 48
Statement of Financial Accounting Standards No. 89 (SFAS No. 89)
, 48
Statement of Objectives
, 49–50
Statistical devices to smooth earnings
, 46
Stock accounts
, 71
Stockholder investment
, 71
Summa de Arithmetica,
, 4
Summations of costs
, 42
Taxation influence
, 40–41
Taxable entities
, 41
Taylor, Frederick
, 23–25
Tennessee Valley Authority
, 123
Tentative Statement
, 107, 108
Tentative Statement of Accounting Principles Affecting Corporate Reports, A
, 51, 106, 113
Theory of Accounts, The
, 62
Theory-is-truth approach
, 36
Trading balance
, 117
Truth (The ethical approach)
, 36
“Twin Es” (efficiency and equity)
, 130–131
Uniformity of depreciation
, 69–71
United Steel Workers of America
, 74
“Units of output” approach
, 70
“Units of production” method
, 70
University of Illinois
, 15, 106, 138
University of Michigan
, 24
Paton’s influence on
, 99–100
Valuation of inventory
, 71–76
Wage Stabilization Board
, 74
Ways and Means Committee of the House of Representatives
, 47
Wisconsin Public Service Commission
, 123
Zeff (on Paton’s current costing views)
, 63–66
- Prelims
- Chapter 1 Introduction
- Chapter 2 Biography of William A. Paton
- Chapter 3 The Paton Philosophy
- Chapter 4 Paton’s Contributions to the Accounting Postulates
- Chapter 5 Paton’s Thoughts on Accounting Education
- Chapter 6 Paton’s Contributions to Professional Societies
- Chapter 7 Paton’s other Activities and Thoughts
- Chapter 8 Summary, Honors, and Conclusions
- Apendix A1 Partial List of Government Publications Prepared by Paton
- Appendix A2 Partial List of Institutions at which Paton Taught
- Appendix A3 Partial List of Organizations in which Paton Held Membership
- Appendix A4 Partial List of Engagements in which Paton Served as a Consultant or Expert Witness
- References
- About the Authors
- Index