Needed: Better Accounting Concepts
Robert N. Anthony
(Walker Professor of Management Control, Emeritus, Harvard Business School.)
257
Abstract
Money can flow accurately everywhere because the words used in transactions — from a deposit in a local bank to settling a debt in a far‐off country — have precise meanings. But accounting, the language of business, does not have an accepted vocabulary. This is sorely needed, both for business and nonbusiness accounting. The new millennium is a good time to take stock.
Citation
Anthony, R.N. (1999), "Needed: Better Accounting Concepts", Pacific Accounting Review, Vol. 11 No. 1/2, pp. 29-34. https://doi.org/10.1108/eb037923
Publisher
:MCB UP Ltd
Copyright © 1999, MCB UP Limited