The New Accounting |
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Author:
| Borsodi, Ralph |
ISBN: | 978-0-217-35873-6 |
Publication Date: | Aug 2009 |
Publisher: | General Books LLC
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Book Format: | Paperback |
List Price: | USD $14.14 |
Book Description:
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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER III THE A B C OF THE NEW ACCOUNTING I Can think of no more excruciatingly painful experience than the taking of a regular course in bookkeeping. It is a study so tedious and uninteresting that teachers of bookkeeping and writers upon the subject are in a sort of race, one with the other, for the...
More DescriptionPurchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER III THE A B C OF THE NEW ACCOUNTING I Can think of no more excruciatingly painful experience than the taking of a regular course in bookkeeping. It is a study so tedious and uninteresting that teachers of bookkeeping and writers upon the subject are in a sort of race, one with the other, for the invention of systems for teaching it. Most of the sales talk used by the various courses and schools is devoted to arguments concerning the superiority of their respective systems of teaching. They take it quite for granted that conventional bookkeeping itself is the last word in accounting efficiency. The good and sufficient reason for the emphasis which they place upon their system of teaching is that which I mentioned in the beginning, namely: the difficulty which the student experiences in concentrating upon the subject. I am afraid that I will have to content myself with what I believe is the best of the methods so far devised for teaching bookkeeping. I shall rely upon, what may be called, the case method. Only instead of creating an imaginary firm with imaginary transactions to illustrate the various operations, I shall take the actual transactions of anactual firm, and only alter them to the extent of changing the names involved. In other words, I will describe the actual equipment used, the actual operations performed, the actual advantages which developed in a firm in which natural accounting was installed. I am thoroughly familiar with the details of the work in this case since I opened the books and for some months made all the entries in the books myself, only posting being done by others. I believe that by describing the actual method of bookkeeping in the case of this concern, which I shall call the Georgia Printing Company, it will be fairly easy for y...