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El. knyga: Evolution of Selected Annual Corporate Financial Reporting Practices in Canada, 1900-1970

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This book, first published in 1988, studies the changes in selected annual corporate financial reporting practices in Canada from 1900 to 1970, and examines the background and processes that have influenced such changes. Knowledge of how financial reporting practices evolved and what influenced their evolution is key to understanding current financial reporting and in influencing further change.



This book, first published in 1988, studies the changes in selected annual corporate financial reporting practices in Canada from 1900 to 1970, and examines the background and processes that have influenced such changes.

List of Tables
vii
List of Figures
viii
I Introduction
1(9)
Purpose of Study
Specification of Selected Annual Corporate Financial Reporting Practices and the Time Period 1900-1970
English and American Evolution
Canadian Evolution
Methodology
Perspective of the Study
II The Evolution Of The Audit And The Auditor's Standard Report
10(42)
Purpose
Legislation and Auditors' Reports Prior to 1910
Early English Legislation
Early Canadian Legislation
Attitude Towards the Audit
Form and Content of Auditor's Report
Legislation and Auditors' Reports 1910-1920
General Outline
Banking Legislation
The Companies Act Amendment Act 1917
The Effect of the Companies Act Amendment Act 1917
Report Wording Beyond the "Legal" Minimum
Legislation and Auditors' Reports 1920-1940
Background
English and Canadian Legislation
United States Legislation and Stock Exchange
Requirements The Auditor's Duty Respecting the Profit and Loss Statement
Concern for Report Wording Form and Content of the Auditor's Report
Legislation and Auditors' Reports 1940-1970
Background
The Pronouncements of the American Profession English Legislation and Professional
Pronouncements Canadian Legislation
Pronouncements of the Canadian Institute of Chartered Accountants Form and Content of Audit Report Summary
III The Evolution Of Financial Statements 1900-1920
52(31)
Purpose
English Legislation
Canadian Legislation
English and American Influence
The Theory Relating to Corporate Reporting
Practices Attitude of the Times Corporate Reporting Practices
IV The Evolution Of Financial Statements 1920-1940
83(23)
English and American Legislation Canadian Legislation
Background to the Canadian Legislation
English and American Influence
The Theory Relating to Corporate Reporting Practices
The Rise of the Canadian Accounting Profession Corporate Reporting Practices
V The Evolution Of Financial Statements 1940-1970
106(32)
English and American Legislation
Canadian Legislation
Background to the Canadian Legislation
English and American Influence Professional Activity
The Theory Relating to Corporate Reporting
Practices Corporate Reporting Practices Summary of the Evolution of Financial Statements 1900-1970
VI The Evolution Of Depreciation
138(17)
Purpose
Professional and Academic Commentary on
Depreciation Theory Depreciation for Tax Purposes
Corporate Depreciation Practices Summary
VII Summary
155(5)
Bibliography 160(17)
Appendix A List Of Audit Reports Examined 177(2)
Appendix B List Of Financial Statements Examined 179(2)
Appendix C Selected Historical Statistics 181(7)
Appendix D Selected Illustrative Financial Statements 188(23)
Appendix E Selected Sections Of The Corporations Act, 1953 Of Ontario 211
George J. Murphy