During the past 50 years micro-economists have argued with practicing accountants about the need for uniformity and uses of current market values in balance sheets. This article argues against this economic authoritarianism, seeking instead to follow the evolution of accounting reporting...

This paper reviews the historical development of accounting in China during the modern era since 1911, dividing the period into three phases: the pre-revolution period (1911-49); the pre-reform period (1949-79); and the current period (1979-to date). Attention is focused on the development of...