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dc.contributor.authorBensadon, Didier
dc.date.accessioned2011-11-23T16:13:11Z
dc.date.available2011-11-23T16:13:11Z
dc.date.issued2011
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/7625
dc.language.isoenen
dc.subjectHistoire de la comptabilitéen
dc.subjectFinancial reportingen
dc.subjectAccounting historyen
dc.subjectGroup accountsen
dc.subjectFrench aluminium industryen
dc.subjectShareholdingsen
dc.subject.ddc657en
dc.subject.classificationjelM41en
dc.titleBeginnings of financial reporting and premises of consolidation of accounts in French aluminium industry, 1921-1939en
dc.typeCommunication / Conférence
dc.description.abstractenThe expansion of groups of companies during the inter-war years is one of the most profound transformations in the structure of French capitalism. Studies in economic history have shown the importance of the subsidiary creation phenomenon in relation to Compagnie Générale d'Electricité, Energie industrielle or Schneider . By contrast, these studies are less interested in the specific arrangements for auditing subsidiaries and managing Company Groups. This article seeks to show how and why the directors of Alais, Froges et Camargue - The largest French company in the aluminum sector- established specific audit measures from the 1920s onwards. This research is essentially based on the company's archives (annual reports, general organisation chart and memoranda from the general secretariat). Even if the results published in the annual reports should be treated with the utmost caution, in particular owing to the absence of accounting regulation in France in the inter-war years, they remain essential for assessing the important position of subsidiaries and main shareholdings in assets. The scope of the subsidiary creation phenomenon, which is behind the establishment of specific controls, is highlighted. This trend, far from being linear, is strongly influenced by the economic and political situation. The size of the Group's growth gave rise to two types of requirements for the directors of Alais, Froges et Camargue, namely to audit the subsidiaries and to measure the group's net cash flow. The response to the need for auditing the subsidiaries was provided by the introduction of financial reporting from 1921. Faced with the increasing number of subsidiaries and main shareholdings held by Alais, Froges et Camargue, this control mechanism was to be strengthened in 1931. Furthermore, the necessity of measuring the Group's net cash flow led the directors in 1927 to draw up a financial statement whose conceptual foundations were based on those of the consolidation of accountsen
dc.identifier.citationpages16 pagesen
dc.identifier.urlsitehttp://halshs.archives-ouvertes.fr/halshs-00640503/fr/en
dc.description.sponsorshipprivateouien
dc.subject.ddclabelContrôle de gestion Comptabilitéen
dc.relation.conftitleAccounting Renaissance : Lessons from the Crisis and Looking into the Future. Learning from Histories and Institutionsen
dc.relation.confdate2011-11
dc.relation.confcityVeniseen
dc.relation.confcountryItalieen


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