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V. Variation and Consensus in Accounting Concepts
(4,081 words)

Volume XIII: Business and Private Organizations | Chapter 12a (1972): Law and Accounting in Business Associations

2nd November, 1966.

Detlev F. Vagts

29. In general. – With this subchapter we leave the portions dedicated to providing a general overview of the interrelationship between legal rules and accounting principles. We turn to a review of some basic postulates of accounting thought and seek to find where there is international agreement and where there are cleavages between countries (and sometimes between factions in national professions).1 Secondarily, this subchapte…

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Detlev F. Vagts, “V. Variation and Consensus in Accounting Concepts”, in: International Encyclopedia of Comparative Law Online, Edited by: U. Drobnig, R. David, H. H. Egawa, R. Graveson, V. Knapp, A. T. Von Mehren, Y. Noda, S. Rozmaryn, V. M. Tschchikvadze, H. Valladão, H. Yntema, K. Zweigert. Consulted online on 18 November 2019 <http://dx.doi.org/10.1163/2589-4021_IECO_COM_131205>
First published online: 2018



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