Academic Mind : Business : Accounting : Abstracts & Full Text Unpublished Academic Papers
December 2004 | David Highfill | Kansas State University
This paper talks about British Accounting. The first part will talk about how the British were important in the development of accountancy. Within this part, large-scale organizations showed growth. Company legislation was important to the development of accounting laws in England. Limited liability companies were prone to insolvencies during the late nineteenth century. The income tax created demand for accountants during this period. The second part will talk about the differences between British and American accountants. The final part will talk about how British accountants were important to the development of the United States. Without the intuition of past British accountants like: Samuel Price, Edwin Waterhouse, William Welch Deloitte, and George A. Touche, this profession would not be in the same place as it is today.
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