Abstract
As a method of measuring financial performance, cash flow accounting is concerned with most, if not all, of the traditional purposes of accounting and with many of the problems, notably inflation, prospective financial performance (Lawson, 1969), etc., to which accounting is now seeking to adapt.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Hicks, J.R ., 1946, Value and Capital, (Oxford University Press), p. 172.
Inflation Accounting: Report of the Inflation Accounting Committee, Cmnd. 6225, H.M.S.O., 1975, September, pp. 28–30.
Inflation Accounting Steering Group, 1976, Guidance Manual on Current Cost Accounting, December.
Lawson, G.H., 1969, ‘Profit Maximisation via Financial Management’, First published in Management Decision, Winter. Revised version published in Handbook for Managers (Kluwer- Harrap Handbooks, Installment 4), 1972, London.
Lawson, G. H., 1974a, ‘Memorandum Submitted to the Inflation Accounting Committee’, Working Paper 12, Manchester Business School, July.
Lawson, G.H., 1974b, ‘The Rationale for Measuring the Cost of Working Capital’, Working Paper 15, Manchester Business School, July.
Lawson, G.H., 1975, ‘Initial Reflections on Sandilands -I’, Certified Accountant, November.
Lawson, G.H. and Bean, n.d., Enterprise Valuation—a Cash Flow Approach. Forthcoming.
Lawson, G.H. and Stark, A.W., 1975, ‘The Concept of Profit for Fund Raising’, Accounting and Business Research, no. 21, Winter.
Lee, T.A., 1972, ‘A Case for Cash Flow Reporting’, Journal of Business Finance, vol. 4, no. 2, Summer.
Merrett, A. J., 1975, ‘Measuring Trends in Profitability’, Lloyds Bank Review, October.
Sumner, M.T., 1975, ‘Neutrality of Corporate Taxation, or on Not Accounting for Inflation’, Manchester School of Economic and Social Studies, December.
Editor information
Rights and permissions
Copyright information
© 1978 H.E Stenfert Kroese B.V.
About this chapter
Cite this chapter
Lawson, G.H. (1978). The Rationale of Cash Flow Accounting. In: van Dam, C. (eds) Trends in managerial and financial accounting. Nijenrode Studies in Business, vol 1. Springer, Boston, MA. https://doi.org/10.1007/978-1-4613-4062-1_5
Download citation
DOI: https://doi.org/10.1007/978-1-4613-4062-1_5
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-4064-5
Online ISBN: 978-1-4613-4062-1
eBook Packages: Springer Book Archive