Coombs, Hugh Malcolm and Edwards, John Richard ![]() |
Abstract
Municipal corporations wielded a vast amount of economic power throughout the period covered by this paper and, as a result, they were the subject of envy, suspicion and criticism. The question of whether depreciation should be charged could not be dismissed as a mere matter of book-keeping. The inclusion of a charge involved the earmarking of an equivalent amount of money for future use, and the matter was therefore regarded as of fundamental importance for current levels of local taxation and long term financial stability. Public and private sector based accountants, municipal officers, town councillors, ratepayers and academics engaged in a debate which, although stirring strong emotions, was thoughtful, wide ranging and constructive. This paper examines the discourse and its outcomes.
Item Type: | Article |
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Date Type: | Publication |
Status: | Published |
Schools: | Business (Including Economics) |
ISSN: | 1468-0408 |
Last Modified: | 25 Oct 2022 09:30 |
URI: | https://orca.cardiff.ac.uk/id/eprint/58837 |
Citation Data
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