Concepts of Value and Profit

  • Arthur Hindmarch
  • Miles Atchison
  • Richard Marke


Accounting was defined in the Introduction as the measurement, recording and communication of economic data. All three aspects of accounting are examined in Part I with particular emphasis on problems of measurement.


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Notes and References

  1. Arthur Andersen & Co., Objectives of Financial Statements for Business Enterprises ( Chicago, Arthur Andersen & Co., 1972 ).Google Scholar
  2. A. M. Boume, ‘Valuation and Profit’, in A. M. Bourn (ed.), Studies in Accountingfor Management Decision ( London, McGraw-Hill, 1969 ).Google Scholar
  3. H. C. Edey, ‘Accounting Principles and Business Reality’, Accountancy (July 1963); reprinted in Modern Financial Management, ed. B. V. Carsberg and H. C. Edey ( Harmondsworth, Penguin Books, 1969 ).Google Scholar
  4. H. C. Edey, ‘The Nature of Profit’, Accounting and Business Research, no. 1 (Winter, 1970).Google Scholar
  5. R. H. Parker and G. C. Harcourt, Readings in the Concept and Measurement of Income (Cambridge University Press, 1969 ).Google Scholar
  6. R. Sidebotham, Introduction to the Theory and Context of Accounting (Oxford, Pergamon, 1970 ).Google Scholar
  7. E. Stamp and C. Marley, Accounting Principles and the City Code: The Case for Reform ( London, Butterworth, 1970 ).Google Scholar
  8. Accounting Standards Steering Committee, The Corporate Report ( London, Accounting Standards Steering Committee, 1975 ).Google Scholar
  9. Sandilands, Inflation Accounting: Report of the Inflation Accounting Committee, Cmnd 6225 (H.M.S.O., 1975).Google Scholar
  10. T. A. Lee, Income and Value Measurement: Theory and Practice ( London, Nelson, 1974 ).Google Scholar

Copyright information

© Arthur Hindmarch, Miles Atchison, Richard Marke 1977

Authors and Affiliations

  • Arthur Hindmarch
  • Miles Atchison
  • Richard Marke

There are no affiliations available

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