Knowledge of accounting history can be a great aid in solving accounting problems of today and tomorrow. One example of this is the use of a cost diagram of Church and Renold and the writings of Church to solve the problem of accounting for robots.
Vangermeersch, Richard G.J.
"Diagram of the cost system of Hans Renold Ltd. -- A blueprint for accounting for robots,"
Accounting Historians Journal: Vol. 14
, Article 3.
Available at: https://egrove.olemiss.edu/aah_journal/vol14/iss1/3