Other Form of Name
Alvord, John W. (John Watson), 1861-1943; Mead, Daniel W. (Daniel Webster), 1862-1948
Document Type
Article
Publication Date
1917
Abstract
Losses of value which are complete, and fully demonstrated by proper abandonment or necessary replacement of the whole or a unit part of a property, are a matter of history and fact, and require only proper accounting to determine their occurrence and amount. Losses of value, which are partial or incomplete, always require prophecy as to future need, usefulness, and service, in order to properly divide that portion of the value which still exists from that which is lost. This function necessitates much more judgment than accounting. It requires the careful analysis of a broadly trained, experienced, and practical mind, thoroughly familiar with the business in question. Original item in Boxno. 0409;
Relational Format
pamphlet
Series Title
Journal of the American Water Works Association (1917) Vol. 4, no. 3
Recommended Citation
Alvord, John W.; Mead, Daniel W.; Salmon, C. B.; and Wilcox, W. F., "Final report of the Committee on Depreciation; Dissenting opinion to the final report of the Committee on Depreciation" (1917). Publications of Accounting Associations, Societies, and Institutes. 147.
https://egrove.olemiss.edu/acct_inst/147
Comments
James Nisbet Hazelhurst also contributed to this report.