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612-822-4611
Persistence and Vigilance: A View of Ford Motor Company's Accounting Over Its First Fifty Years

Persistence and Vigilance: A View of Ford Motor Company's Accounting Over Its First Fifty Years

Hardcover

Series: Studies in the Development of Accounting Thought, Book 24

AccountingBusiness General

ISBN10: 1838679987
ISBN13: 9781838679989
Publisher: Emerald Pub Ltd
Published: Nov 2 2020
Pages: 216
Weight: 0.75
Height: 0.50 Width: 6.20 Depth: 9.10
Language: English
Persistence and Vigilance: A View of Ford Motor Company's Accounting Over Its First Fifty Years is an exploration of the financial leadership that guided the company through periods of phenomenal growth amidst the economic and political upheaval of the early 20th century.
Since its inception in 1903, the Ford Motor Company has implemented traditional accounting methods, as well as innovative financial reporting and business policies, to navigate industry competition, two world wars, and labor issues such as the famous $5 day. While much has been written on the presumption of Henry Ford's indifference to the financial details of operating the company that bore his name, there remains much to be said for the talented individuals working behind the scenes to spearhead the day-to-day financial and operational policies of the company. This includes initial co-founder James Couzens, super salesman and accountant Norval Hawkins, loyal Frank Klingensmith, and turn-around specialist Ernest Breech, among others. It was through their skill, persistence, and acumen that accounting policies and procedures evolved within the Ford Motor Company alongside the welcomed support of Edsel Ford, who was widely respected in his vision for strong financial oversight and organizational structure.

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