UK Accounting Regulation: An Historical Perspective

Abstract

Accounting regulation in the United Kingdom has arisen as a response to social and economic factors as well as individual events. This paper traces the way in which regulation has developed both by governmental and professional actions. The
\nfactors behind regulatory change are in many cases unique to
\nthe United Kingdom and the paper concludes that it is these
\nvery factors which differentiate the control of accounting from
\nthe institutions and methods used by other countries.