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March 18, 2026The Accounting Review

Social Accounting in Subsistence and Family-Production Type Economies.

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Authors

WFWilson L. FarmanColgate University

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Implication

Social accounting frameworks evaluate family-production economies, suggesting enhanced reporting for accuracy.

Key Points

  • The aim is to propose a social accounting scheme that accounts for subsistence and family production economies.
  • Presentation of a social accounting framework for segregated sectors.
  • Inclusion of separate reporting for barter transactions.
  • Highlighting the need for estimates and imputation in reporting.
  • The proposed framework allows for easier interpretation and evaluation.
  • Separate reporting could reduce errors associated with estimates.
  • Advocates for adopting this accounting scheme in industrially backward economies.

Cite This Study

Wilson L. Farman (1953) studied this question.

synapsesocial.com/papers/69ba425c4e9516ffd37a284ehttps://doi.org/10.2308/tar-7087972
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1THE CLASSIFICATION OF SECTORS IN THE SOCIAL ACCOUNTS.1953
  2. 2THE STATUS OF SOCIAL ACCOUNTING AND NATIONAL INCOME STATISTICS IN COUNTRIES OTHER THAN THE UNITED STATES.1953
  3. 3Socio-Economic Accounting and External Diseconomies.1972 · 1 citations
  4. 4ACCOUNTING AND ECONOMICS: A NOTE WITH SPECIAL REFERENCE TO 'THE TEACHING OF SOCIAL ACCOUNTING'1959
  5. 5SOCIAL CONTROL THROUGH ACCOUNTS.1928