Other Form of Name
Buckner, Kathryn Current, 1926-
Publication Date
Spring 1978
Abstract
Born in 1886, A. C. Littleton entered the accounting profession early in the twentieth century, 1912, when the discipline faced major problems. Demands from government, investors, and others for earnings information were creating pressing needs for more accounting data. Although Littleton chose the accounting field somewhat by chance, he emerged as a major force in the development of accounting thought. Responsive to perceived needs at the time, he addressed himself to the intrinsic accounting problems of income determination and approached other developing issues and problems with assurance. For example, he resolutely defended and promoted the allocation of costs, including the proper determination of depreciation, as the essential feature of the matching process. His highly expressive and extensive writing spanned a period of fifty years, 1919-1970. His views of income determination as a central purpose of accounting, of historical cost as the basic means of maintaining data integrity, and his basic approach and views concerning principles were of major significance during his own period as well as the present.
Recommended Citation
Buckner, Kathryn Current
(1978)
"A.C. Littleton,"
Accounting Historians Notebook: Vol. 1:
No.
1, Article 6.
Available at:
https://egrove.olemiss.edu/aah_notebook/vol1/iss1/6