Page 1 |
Previous | 1 of 2 | Next |
|
This page
All
Subset
|
22 HASKINS & SELLS March Reed, Harold L . Principles of Corporation Finance. (Boston, Houghton, Mifflin Company, 1925. 412 p.) A somewhat critical examination of this volume causes the reviewer to conclude that it is a book which should interest the general reader on financial and accounting subjects as well as provide knowledge for aspiring students. The observations to be made concerning the book are, in the main, commendatory in character. Its worst fault lies in the fact that it is spotted occasionally with "high-brow" language which tends to annoy the general reader, particularly if he has not had the advantages of association with modern economists, who have a phraseology of their own. The average reader is likely to work fairly hard before he gets much sense out of such titles as "Criteria of successful forethought." Having said the worst, the fact remains that the author has produced a volume in which the subject is logically developed, the ideas are good, and the exposition generally is clear. The plan follows the economic life of a typical business enterprise, tracing through the stages of organization, operation, expansion, failure, and reorganization. This, obviously, is the same old story, but it is told by the author with a good deal of crispness and with particular consideration of current conditions in their relation to enterprise. Reiterating what the reviewer has repeatedly said on the subject of books dealing with corporation finance, this book would serve admirably the purpose of any one concerned with laying a firm foundation for an understanding of accounting. Further, it contains an excellent chapter on the interpretation of an income statement, notwithstanding the fact that the discussion deals with the income statements of railroads. A parting word of praise which may be said in behalf of the book is that it is concise as well as comprehensive. Conciseness is an important consideration to the general reader. Hodge, Albert C. Retail Accounting and Book Reviews
Object Description
Title |
Book reviews |
Author |
Anonymous |
Subject |
Books -- Reviews |
Citation |
Haskins & Sells Bulletin, Vol. 09, no. 03 (1926 March), p. 22-23 |
Date-Issued | 1926 |
Source | Originally published by: Haskins & Sells |
Type | Text |
Collection | Deloitte Digital Collection |
Digital Publisher | University of Mississippi Libraries. Accounting Collection |
Date-Digitally Created | 2009 |
Identifier | HS Bulletin 9-p22 |