Accounting Practices and Changes an Lead Mining in la Carolina (Jaén): a Study of the el Guindo Mining Company Covering the Last Few Years of the 19th Centuri and the First Quarter of the 20th Century.
José M.ª Carlos Álvarez López
Luis Garrido González
Juan Luis Lillo Criado
With the aim of examining accounting practices and the progress made in this field, we have investigated the accounts books of the mining company El Guindo situated in the south of Spain (the branch in La Carolina), which dealt in the business of the extraction of lead. During the first period analyzed (1899-1925) the most notable changes were the move from a cash-based accounting system to an accrual-based accounting system in the main books and, fundamentally, the introduction of an valuation criterion for minerals based on market prices. Considering the most significant factor that gave rise to these changes to be its listing on the Stock Market in 1921. Key words: mining accounting, fair value, changes in accounting, branch accounting.
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.