Abstract
Prior to 1981 the Companies Acts were generally deficient in the regulation of accounting principles, and even with what has now become the 1985 Companies Act there are still many different bases which can be used legally in the preparation of accounts. The bases of stock valuation and calculation of the depreciation charge are two examples.
This is a preview of subscription content, log in via an institution to check access.
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 1988 P. Stevens and B. Kriefman
About this chapter
Cite this chapter
Stevens, P., Kriefman, B. (1988). Statements of Standard Accounting Practice. In: Work Out Accounting ‘A’ Level. Macmillan Work Out Series. Palgrave, London. https://doi.org/10.1007/978-1-349-09807-1_5
Download citation
DOI: https://doi.org/10.1007/978-1-349-09807-1_5
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-45124-3
Online ISBN: 978-1-349-09807-1
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)