The fully revised and updated third edition provides an introduction to accounting for students. It embraces the basic … techniques and underlying theoretical concepts in accounting and shows how these are applied in various circumstances …

Hoskin and Macve have suggested that the crucial discontinuity in accounting’s development over the last two centuries … that, at Dowlais, in the mid‐nineteenth century, the accounting system was used for administrative co‐ordination and …, was able to develop and utilize the accounting system in other ways; also suggests that accounting in Britain may have …