Article Title
Publication Date
Spring 1992
Abstract
There have been numerous publications providing historical support for Professor Ray Chambers' proposed means of asset valuation : CoCoA (Continuously Contemporary Accounting). Wells and Dean [1982] compiled an anthology of writings from the Twentieth Century and some earlier works, which advocate the adoption of selling price valuations. Chambers and Wolnizer {1991} provide evidence that during the early Nineteenth Century in the United Kingdom, selling prices were considered paramount to providing a "true and correct view" of financial affairs. In addition, several publications have provided a historical view of accounting methods utilized by religious communes. Faircloth's article about the importance of accounting to the Shakers {1988} and the expose by Flesher and Flesher on the managerial accounting of the Rappites {1979} are examples. This note shall attempt to connect these two areas of research by directing attention to the valuation methods adopted by the Hopedale Community.
Recommended Citation
Favel, Garry
(1992)
"Hopedale community and CoCoA,"
Accounting Historians Notebook: Vol. 15
:
No.
1
, Article 13.
Available at:
https://egrove.olemiss.edu/aah_notebook/vol15/iss1/13