| Abstract: | This paper examines the accounting content of British legal cases decided in the fifty year period before the 1889 Court of Appeal decision in Lee v. Neuchatel Asphalte Company. Before the birth of what might be described as an ‘accounting literature’, these early cases dealt with such important topics as periodicity, uniformity, matching and realisation. Although consistent concepts of asset valuation and income determination are not evident, the discussions by the courts are among the earliest expositions on a variety of accounting topics, especially those relating to the development of accrual accounting. |
