Development of Accounting Theories Specific to the National Accounting Literature of the First Half of Twentieth Century

• Author: Sorin Damian
• Position: University of Babes-Bolyai University in Cluj-Napoca, Faculty of Economics and Business Administration
• Pages: 517-520

Performance and Risks in the European Economy

517

Development of Accounting Theories Specific to the National Accounting

Literature of the First Half of Twentieth Century

Sorin Damian

University of Babes-Bolyai University in Cluj-Napoca, Faculty of Economics and Business

Administration, dmn_sorin@yahoo.com

Abstract: Need to identify plausible explanations of the principles underlying the double entry accounting

over time determined by various manifestations of thought that have resulted in many theories. All these

theories have proposed to explain and substantiate dopic formalism, bu t many of them no longer a value

today than a purely historical perspective. The represent ative of such theories has been many pages written

Romanian and foreign auth ors in the first half of the twentieth century. Some Romanian author s mention the

Ioan E. Evian, D. Voina, CG Demetrescu, S. Iacobescu, Al. Sorescu, C. Pantu, C. Petrescu, Grigore-Trancu

Iaşi and others. Bibliography time accounting theories shared accounts: embryos of theories and scientific

theories.

Keywords: formalist theories; materialist theories; accounting: art; technology and science

1. Introduction

Since the advent in 1494 of a Franciscan monk Luca Paciolo work until the late nineteenth century,

most works of literature had a descriptive book, for use in teaching practice and school life without

any scientific value. Many of them are summarized in an attempt to explain and demonstrate the

principle of double counting and did not exceed Paciolo Luke's work in 1494. The theories put

forward by L. Gomberg embryonic Historie critique the work of 1929, Evian (1940) played in Theory

of accounts first double-entry accounting concepts made by the authors: Gerolamo Cardono, Simon

Stevin, Flowers, Andrea Zambelli, De la Porte, Barreme BF, Giuseppe Forni, Edmond Degrange, IL

Quinet, J. Schrott.

All these accounts were authors of works on scientific matters to be dealt with accounting, because all

the facts were ignored economic reality and business events. Scientific theories are sub-divided into

formalist theories (personalist), in the practice of crossing the strictly formal accounting records of the

accounting operations of rights or legal relations and people interested and participating debts of

business operations, and materialist theories, which studying the phenomena of economic growth or

decrease in property companies, which will then be subject to accounting records. Personification

theory accounts rudimentary theories were considered based on fictive construction, were later

developed in personalist theories grouped Reisch and Kreibig (1907) in a single series with the

personalistic theory of accounts and personalist theories with two sets of accounts.