The Modern Balance Sheet: An Analysis of Company Finance (Classic Reprint)

Under a system of accountancy, which has been allowed gradually to come into use, the statements of accounts, issued by the limited company, seldom convey to the public a true and correct view of the companys financial position. It is submitted that the audit of the balance sheet whatever reforms may be brought about by the provisions of the new Companies A ct has been hitherto little more than an idle formality in the majority of cases, and that the figures published by many companies, after inspection and certification by salaried chartered accountants, are without justification, and are calculated to mislead. Reprints of balance sheets are examined inC hapter IV.
(Typographical errors above are due to OCR software and don't occur in the book.)

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