Foundation in Accounting 1

Аннотация

There are a number of good books which deal with the mechanics of double- entry book-keeping; but in general they fail to give sufficient emphasis to the assumptions underlying the traditional historical cost model within which context double-entry book-keeping is introduced. On the other hand, the more academic textbooks tend to dismiss double-entry book-keeping as a 'mere technique' which can be easily learned. We agree that it can be easily learned, if it is properly taught.