The Tangled Web of Price Variation Accounting

During the 1960s and 1970s a remarkable series of books was produced by academic staff in the field of accounting at the University of Sydney.

It was a period when academic research was largely analytical rather than empirically–based. For the most part, the interests of academics at Sydney were largely directed at questioning the status quo – either in the way accounting or auditing was practiced, or in the conventional wisdom expressed in text books of the time.

The Sydney Accounting Classics series reflects the diversity of interests of the 'Sydney school' at that time. It also recognises the tremendous impact of the foundation professor of accounting, R.J. Chambers. This reprint series ensures that the ideas developed during this period remain available to new generations of scholars and researchers.

The Sydney Accounting Classics series is an intiative of the Accounting Foundation, in association with Sydney University Press.

The Tangled Web of Price Variation Accounting:
This book covers a wide range of topics in the area of price variation - from purchasing power, prices and inflation, to price level variations and serviceability.

Frank L. Clarke is professor emeritus of accounting and the University of Newcastle and an honorary professor of accounting at the University of Sydney.

Foreword to series
List of tables
List of figures
Synopsis

Part 1
1. The subject, purpose, scope and methodology of the study
2. The conditions for change
3. Money, purchasing power, prices and inflation
4. Financial data, price and price level variations and serviceability

Part 2
5. Indexed adjustments for changes in the general level of prices only: to 1963
6. The prescriptions for general index adjustments only: 1963–1980
7. Anomalies in indexed accounts

Part 3
8. The emerging case for adjustments for specific price changes only: the contextual shifts to 1960
9. The transportation of ideas from other disciplines
10. Professional prescriptions to account for changes in specific prices only

Part 4
11. The background to combining CCA and CPP accounting
12. CCA/CPP prescriptions retaining the basic CCA format
13. CCA/CPP prescriptions changing the basic CCA format
14. General summary and conclusions

Selected bibliography of works cited
Index