The Impact of World War II on Accounting and Finance at the Alger-Sullivan Lumber Company in Century, Florida

ABSTRACT Alger-Sullivan Lumber Company was created in the early 20th century, as two lumber giants pooled their expertise with local lumber resources to create a company and town. The combination was successful, even though the company had reduced operations prior to the start of World War II. The Archives at the University of West Florida contain many historical documents of the Alger-Sullivan Lumber Company, which provide great insight into the financial, accounting, and operational aspects of the company during its over 50 years of existence. Of particular interest are the years during the U.S. involvement in World War II, as the company faced many challenges and opportunities. The research question, “What impact did World War II have on the accounting and financial activities conducted at the company?” is addressed, with documentation to show a greater cost-consciousness, along with more detailed and refined financial reporting, developed during this period.