British auditors in Poland in the interwar period

Journal Title: Zeszyty Teoretyczne Rachunkowości - Year 2015, Vol 2015, Issue 85

Abstract

This article presents the results of historical research on the operation of British accounting firm Whin-ney, Murray & Co in Poland before World War II. Based on our findings this was the only foreign ac-counting firm active in Poland at that time. Following their clients, British accounting firms expanded their operations abroad at the turn of the 19th century. During the 1920s and 1930s the number of audit assignments on the European continent increased rapidly, which necessitated the establishment of branches (offices) in major European cities and industrial districts. Whinney, Murray & Co set up an office in Warsaw in 1932 taking into account its convenient location as a base for undertaking audit assignments throughout the Eastern European region. The Warsaw office concentrated initially on inter-national clients active in Poland but was also engaged in audits of Polish power plants and participated as financial advisor in the electrification program of Polish railways with involvement of British investors. Whinney, Murray & Co contributed to the development of Polish-British economic cooperation before World War II. Its representative was one of the founders of the Polish-British Chamber of Commerce established in Warsaw in 1933.

Authors and Affiliations

Jerzy Cieślik

Keywords

Related Articles

Evaluation of IASB and FASB New Conceptual Framework Project

In 2006, IASB and FASB started a common project – development of a new conceptual framework for financial reporting. The main aim of this article is to present and discuss the present state of work on this project, with...

Accounting for open-end investment funds in the context of Elżbieta Burzym’s model of the accounting system

The purpose of the article is to find the answer to the question of whether the model of the accounting system developed by E. Burzym can be used in the description and analysis of the accounting system of open-end inves...

XXII konferencja naukowa z cyklu Rachunkowość a controlling w Karpaczu w 2018 roku

Tekst zawiera sprawozdanie z konferencji naukowej zorganizowanej przez Katedrę Rachunku Kosztów, Rachunkowości Zarządczej i Controllingu w Instytucie Rachunkowości Uniwersytetu Ekonomicznego we Wrocławiu w dniach 16–18 p...

Accountancy in Poland in the period of centrally planned economy – oral history

This article presents an account of an interview with Zdzisław Fedak, PhD, who participated in the work on the systemic solutions in accounting in the People’s Republic of Poland (PRL), and currently is an animator of im...

Good practice as a norm shaping the behavior of accountants

The purpose of the article is to examine whether accountants should follow good practices recognized in their environment and to point out the fundamentals from which this obligation in accountants’ work stems. The conc...

Download PDF file
  • EP ID EP81858
  • DOI 10.5604/16414381.1185456
  • Views 128
  • Downloads 0

How To Cite

Jerzy Cieślik (2015). British auditors in Poland in the interwar period . Zeszyty Teoretyczne Rachunkowości, 2015(85), 135-146. https://europub.co.uk/articles/-A-81858