The origins of the Spanish railroad accounting model: a qualitative study of the MZA’S operating account (1856-1874)

The lack of external regulation about the form and substance of the financial statements that railroad companies had to report during the implementation phase of the Spanish railway, meant that each company developed its own accounting model. In this study we have described, analysed and interpreted...

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Detalles Bibliográficos
Autores: Santos-Cabalgante, Beatriz, Fidalgo Cerviño, Esther, Santos-Cebrián, Mónica
Tipo de recurso: artículo
Fecha de publicación:2014
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/34713
Acceso en línea:https://hdl.handle.net/20.500.14352/34713
Access Level:acceso abierto
Palabra clave:33
Railway Accounting
MZA Railway
Operating Account
Railway productive process.
Contabilidad ferroviaria
Compañía ferroviaria MZA
Cuenta de Explotación
proceso productivo ferroviario.
Administración de empresas
Contabilidad (Economía)
Historia económica
5311 Organización y Dirección de Empresas
5303 Contabilidad Económica
5506.06 Historia de la Economía
Descripción
Sumario:The lack of external regulation about the form and substance of the financial statements that railroad companies had to report during the implementation phase of the Spanish railway, meant that each company developed its own accounting model. In this study we have described, analysed and interpreted the more relevant changes in the accounting information in relation to the business result. Using the analysis of an historical case, we developed an ad-hoc research tool, for recording all the changes of the operating account. The results of the study prove that MZA’s operating account reflected the particularities of the railway business although subject to limitations, and the reported information improved during the study period in terms of relevance and reliability.