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  • Bookkeeping and Accounting, Vol. 2 (Classic Reprint)

Bookkeeping and Accounting, Vol. 2 (Classic Reprint)

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Excerpt from Bookkeeping and Accounting, Vol. 2The last twenty-four chapters deal primarily with the use of accounting in the control of the relations which the business unit must have with those both external and internal to its organiza tion. The purpose and aim of these chapters is fully set forth in Chapter XLIX on The Relation of Accounting to Business Management.Chapters L to LV deal with the construction and interpretation of the orthodox financial statements which are used by business executives, stockholders, creditors and governmental agencies in judging the financial condition of a business at a specific time and its progress during a specific period of time. Chapters LVI and LVII explain the construction and interpretation of financial statements other than the Balance Sheet and Statement of Profit and Loss of an industrial or commercial firm. Chapters LVIII to LXV treat of records and reports used in the control and manage ment of the operations' of the functional departments of a busi ness. Chapter LXVI deals with accounting for the investments in other companies. Chapters L-XVII to LXXII deal with the accounting organization and procedure by which the information discussed in the preceding chapters is collected, organized, classi fied and presented for executive use.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.
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