History of Public Accounting in the United States

This book provides a readable and concise history of the accounting profession in the US, from its beginnings to the late twentieth century. It examines the roots, development, standards, and social, economic, and legal forces that have shaped it.

Format: Paperback / softback
Length: 386 pages
Publication date: 15 February 2022
Publisher: Taylor & Francis Ltd

This comprehensive book, originally released in 1988, offers a readable and concise account of the development of the accounting profession in the United States from its early origins to the late twentieth century. It delves into the historical roots of the profession, exploring how it evolved, the establishment of its standards, and the significant social, economic, and legal forces that have shaped it. The book is organized into a series of engaging chapters, each serving as a dramatic highlight that exemplifies the diverse challenges faced by a young profession propelled to prominence by the transformative economic and social forces of the twentieth century.

The early chapters provide a foundational understanding of the profession's origins, tracing its roots back to the colonial era and the emergence of merchant accounting practices. The subsequent chapters delve into the growth and expansion of the accounting profession, highlighting key milestones such as the formation of professional accounting organizations, the development of accounting standards, and the increasing importance of accounting in business and government.

The book also explores the evolution of accounting standards and practices, examining how they have adapted to changing economic, social, and legal environments. It discusses the development of accounting theories, the role of accounting in financial reporting and analysis, and the challenges associated with ensuring the accuracy and reliability of financial information.

Furthermore, the book examines the social, economic, and legal forces that have shaped the accounting profession. It discusses the impact of technology, globalization, and regulatory changes on accounting practices, as well as the ethical and professional considerations that accountants must navigate in their work.

Overall, this book provides a valuable insight into the history, development, and current state of the accounting profession in the United States. It is an essential resource for students, professionals, and anyone interested in understanding the role of accounting in society and the challenges faced by the profession in the twenty-first century.

Dimension: 234 x 156 (mm)
ISBN-13: 9780367535223