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Article: Cost accounting in eighteenth century Spain: The Royal Textile factory of Ezcaray
- Article from:
- Accounting History
- Article date:
- November 1, 2001
- Author:
CopyrightCopyright Accounting History Special Interest Group of Accounting Association of Australia and New Zealand School of Accounting and Finance Nov 2001. Provided by ProQuest LLC. (Hide copyright information)
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Abstract
According to a growing body of literature, sophisticated costing techniques were used in the early stages of the Industrial Revolution (Fleischman & Parker, 1991; 1997), or before that period (Carmona et al., 1997). The investigation of cost accounting practices in medium Spanish factories that did not operate as monopolies should provide more insights into the development of cost accounting in the eighteenth century and into the use that was made of it. This paper reports on archival evidence of the use of cost accounting in the case of the Royal Textile Factory of Ezcaray between 1767 and 1785. It becomes apparent that a sophisticated knowledge of cost accounting existed in ...