The Chinese accounting reformation of the 1930s

This study examines the Chinese accounting reformation of the 1930s. The reformist work of Xu, the 1929 Company Law and the rapid expansion of Chinese commercial activity allowed a melding of the Westernised debit-credit model with the Chinese traditional accounting model. The fusion was complex, pa...

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Main Authors: Peng, L., Brown, Alistair
Format: Journal Article
Published: Routledge 2017
Online Access:http://hdl.handle.net/20.500.11937/53109
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author Peng, L.
Brown, Alistair
author_facet Peng, L.
Brown, Alistair
author_sort Peng, L.
building Curtin Institutional Repository
collection Online Access
description This study examines the Chinese accounting reformation of the 1930s. The reformist work of Xu, the 1929 Company Law and the rapid expansion of Chinese commercial activity allowed a melding of the Westernised debit-credit model with the Chinese traditional accounting model. The fusion was complex, partly because two competing groups – reformationists and transformationists – had a different sense of scientific accounting development. What transpired, however, was a clinging by small to medium-sized entities to the Chinese traditional indigenous bookkeeping system, a preparedness by other small to medium-sized entities to take on Xu’s reformed Chinese-style method, and a willingness by large entities to engage with Western forms of accounting.
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spelling curtin-20.500.11937-531092017-10-26T06:22:40Z The Chinese accounting reformation of the 1930s Peng, L. Brown, Alistair This study examines the Chinese accounting reformation of the 1930s. The reformist work of Xu, the 1929 Company Law and the rapid expansion of Chinese commercial activity allowed a melding of the Westernised debit-credit model with the Chinese traditional accounting model. The fusion was complex, partly because two competing groups – reformationists and transformationists – had a different sense of scientific accounting development. What transpired, however, was a clinging by small to medium-sized entities to the Chinese traditional indigenous bookkeeping system, a preparedness by other small to medium-sized entities to take on Xu’s reformed Chinese-style method, and a willingness by large entities to engage with Western forms of accounting. 2017 Journal Article http://hdl.handle.net/20.500.11937/53109 10.1080/21552851.2017.1326955 Routledge restricted
spellingShingle Peng, L.
Brown, Alistair
The Chinese accounting reformation of the 1930s
title The Chinese accounting reformation of the 1930s
title_full The Chinese accounting reformation of the 1930s
title_fullStr The Chinese accounting reformation of the 1930s
title_full_unstemmed The Chinese accounting reformation of the 1930s
title_short The Chinese accounting reformation of the 1930s
title_sort chinese accounting reformation of the 1930s
url http://hdl.handle.net/20.500.11937/53109