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Charles J. Hirsch, Controller, Golden Nugget Casino: Rolling the Dice on Statistical Sampling and Analysis.

Authors :
Boylan, Scott J.
Source :
Accounting Historians Journal; Dec2023, Vol. 50 Issue 2, p33-44, 12p
Publication Year :
2023

Abstract

Charles J. Hirsch was an accountant and controller for the Golden Nugget casino from 1950 to 1970. He contributed to a movement in the 1950s and 1960s to advance the use of statistical sampling and analysis in the accounting profession. This manuscript is based on analysis of Hirsch's professional papers, held at the University of Nevada, Las Vegas, Libraries Special Collections and Archives. Hirsch used statistical sampling and analysis at Golden Nugget when statistical techniques had not yet been widely accepted or implemented by practicing accountants and auditors. Beginning in 1959, Hirsch made numerous conference presentations describing his work. In addition, Hirsch explicitly challenged the accounting profession to follow his lead and integrate statistical sampling and analysis into existing practice. In doing so, he joined an exclusive group of individuals, including Robert Trueblood, who were early advocates for using statistical techniques to improve the practice of accounting and auditing. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01484184
Volume :
50
Issue :
2
Database :
Complementary Index
Journal :
Accounting Historians Journal
Publication Type :
Academic Journal
Accession number :
173965623
Full Text :
https://doi.org/10.2308/AAHJ-2022-022