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Auditing Theory and Practice, 1922, Vol. 1 of 2 (Classic Reprint) - Softcover

 
9781440032554: Auditing Theory and Practice, 1922, Vol. 1 of 2 (Classic Reprint)

Inhaltsangabe

Excerpt from Auditing Theory and Practice, 1922, Vol. 1 of 2

Professional auditors occupied responsible, arduous, and use ful positions throughout the five years. In the World War they were found in the trenches, in aeroplanes, and in vessels on and under the water. Those who were not allowed to fight the enemy abroad, fought him at home. The war was won in more ways than one. The professional auditor did his duty to his country and to his profession. The profession met the test of war and inflation and has tremendously increased in prestige. There is no longer any doubt regarding the value of the services of the professional accountant.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This 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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Reseña del editor

Excerpt from Auditing Theory and Practice, 1922, Vol. 1 of 2

Professional auditors occupied responsible, arduous, and use ful positions throughout the five years. In the World War they were found in the trenches, in aeroplanes, and in vessels on and under the water. Those who were not allowed to fight the enemy abroad, fought him at home. The war was won in more ways than one. The professional auditor did his duty to his country and to his profession. The profession met the test of war and inflation and has tremendously increased in prestige. There is no longer any doubt regarding the value of the services of the professional accountant.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This 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.

Reseña del editor

Since the publication of the second edition of this book in 1916, the fluctuations in financial and business conditions have been more violent than during any previous five years in the history of the world. We have had unparalleled inflation and partial deflation. Tax rates have been so high that nearly seveneighths of the net incomes of some taxpayers for one year were paid in taxes. Notwithstanding the extraordinary tax levies, the annual net incomes remaining to many taxpayers after allowance for taxes exceeded their incomes of prior years. Some concerns are worse off financially in 1921 than in 1916; they made large paper profits and distributed only a small portion of their realized profits in dividends, but they overexpanded or they were not prepared for the rapid fall in prices. Conservative concerns paid relatively higher taxes than those which had never pursued conservative policies. Professional auditors occupied responsible, arduous, and useful positions throughout the five years. In theW orld War they were found in the trenches, in aeroplanes, and in vessels on and under the water. Those who were not allowed to fight the enemy. abroad, fought him at home. The war was won in more ways than one. The professional auditor did his duty to his country and to his profession. The profession met the test of war and inflation and has tremendously increased in prestige. There is no longer any doubt regarding the value of the services of the professional accountant. What of the future? Have we learned anything? Did any of our theories fail in application at critical times? An inclusive answer can be made. In serving others, accountants have served themselves. The future is bright because we have profited by our mistakes.
(Typographical errors above are due to OCR software and don't occur in the book.)

About the Publisher

Forgotten Books is a publisher of historical writings, such as: Philosophy, Cla

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Verlag: Forgotten Books, 2018
ISBN 10: 1440032556 ISBN 13: 9781440032554
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Robert H. Montgomery
Verlag: Forgotten Books, 2018
ISBN 10: 1440032556 ISBN 13: 9781440032554
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