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A.C. Littleton, Kathryn Current Buckner
A.C. Littleton, Kathryn Current Buckner
Accounting Historians Notebook
Born in 1886, A. C. Littleton entered the accounting profession early in the twentieth century, 1912, when the discipline faced major problems. Demands from government, investors, and others for earnings information were creating pressing needs for more accounting data. Although Littleton chose the accounting field somewhat by chance, he emerged as a major force in the development of accounting thought. Responsive to perceived needs at the time, he addressed himself to the intrinsic accounting problems of income determination and approached other developing issues and problems with assurance. For example, he resolutely defended and promoted the allocation of costs, including the …