MacNeal (1970) , for example, consi

MacNeal (1970) , for example, considered that historical cost concept was the result of and appropriate for the
increased used of bank debt financing in the Middle Ages, which is completely inappropriate today. Further, MacNeal
(1970) trenchantly criticised the going concern theory and its consequent going concern values arguing that although
a fixed asset may be carried for a long term, investors change during this period. Therefore, if investors
were not given the market values, it would favour the insider who can buy up the shares, knowing the real values
of the assets and rake in the profit at the time of realisation. This is tantamount to defrauding the previous shareholder
who would have sold his shares for a value less than its worth. Since individualist, utilitarian values do not
consider the equitable distribution of wealth, the persistence of the historical cost, prudence and going concern
principles in conventional accounting may perhaps be attributed to these ‘Western’ values.
Further, the entity and monetary measurement concepts, by relegating the damaging effects on the social fabric
and environment as externalities, means that accounting hides itself in the clothes of objectivity by not measuring
these at all! As accounting itself creates reality by communicating it, it leads to certain behavioural consequences,
which is in line with the materialistic utilitarian worldview of capitalism. These include competition, conflict and
domination (Miller & O’Leary, 1987).

Hasil (Inggris) 1:

MacNeal (1970), for example, considered that historical cost concept was the result of and appropriate for theincreased used of bank debt financing in the Middle Ages, which is completely inappropriate today. Further, MacNeal(1970) trenchantly criticised the going concern theory and its consequent going concern values arguing that althougha fixed asset may be carried for a long term, investors change during this period. Therefore, if investorswere not given the market values, it would favour the insider who can buy up the shares, knowing the real valuesof the assets and rake in the profits at the time of realisation. This is tantamount to defrauding the previous shareholderwho would have sold his shares for a value less than its worth. Since individualist, utilitarian values do notconsider the equitable distribution of wealth, the persistence of the historical cost, prudence and going concernprinciples in conventional accounting may perhaps be attributed to these ' Western ' values.Further, the entity and monetary measurement concepts, by relegating the damaging effects on the social fabricand environment as externalities, means that accounting hides itself in the clothes of objectivity by not measuringThese cupcakes at all! U.s. accounting itself creates reality by communicating it, it leads to certain behavioural consequences,which is in line with the utilitarian materialistic worldview of capitalism. These include competition, conflict anddomination (Miller & O'Leary, 1987).

Hasil (Inggris) 2:

Macneal (1970), for example, Considered that historical cost concept was the result of and NAMAs for the
Increased used of bank debt financing in the Middle Ages, the which is completely Inappropriate today. Further, macneal
(1970) trenchantly criticised the going concern theory and its consequent going concern values ​​Although arguing that
a fixed asset may be Carried for a long term, investors change during this period. Therefore, if investors
were not given the market values, it would favor the insider who can buy up the shares, knowing the real values
​​of the assets and rake in the profits at the time of realisation. This is tantamount to defrauding the previous shareholder
WHO would have sold his shares for a value less than it's worth. Since individualist, utilitarian values ​​do not
Consider the equitable distribution of wealth, the persistence of the historical cost, prudence and going concern
in conventional accounting principles may perhaps be Attributed to Reviews These 'Western' values.
Further, the entity and monetary measurement concepts, by relegating the damaging effects on the social fabric
and environment as externalities, means that accounting Hides itself in the clothes of Objectivity by not measuring
Reviews These at all! As accounting itself creates reality by communicating it, it leads to on certain behavioral Consequences,
the which is in line with the materialistic utilitarian worldview of capitalism. Reviews These include competition, conflict and
domination (Miller & O'Leary, 1987).