There are several scholars who have provided explanations and perspectives on transport accounting. Here are a few examples:
1. John N. Warfield: Warfield, an American systems scientist, emphasized the importance of accounting for transportation costs in decision-making processes. He argued that transport accounting should consider both direct costs (such as fuel, maintenance, and labor) and indirect costs (such as congestion, pollution, and accidents) to provide a comprehensive understanding of the true cost of transportation.
2. David A. Hensher: Hensher, an Australian transport economist, focused on the role of accounting in evaluating the efficiency and effectiveness of transport systems. He highlighted the need for accounting systems that can measure and monitor key performance indicators, such as travel time, reliability, and customer satisfaction, to assess the performance of transport services and infrastructure.
3. Richard M. Bird: Bird, a Canadian economist, discussed the challenges of accounting for transport infrastructure investments. He argued that traditional accounting methods often fail to capture the long-term benefits and costs associated with transport infrastructure projects. Bird proposed the use of cost-benefit analysis and discounted cash flow techniques to account for the economic, social, and environmental impacts of transport investments.
4. Roger Vickerman: Vickerman, a British transport economist, explored the concept of full-cost accounting in transport. He argued that transport accounting should go beyond financial considerations and incorporate external costs, such as environmental damage and social impacts, to provide a more accurate reflection of the true costs of transport activities. Vickerman advocated for the implementation of pricing mechanisms, such as congestion charges and carbon taxes, to internalize these external costs.
5. David A. Hensher and Kenneth J. Button: Hensher and Button, in their book "Handbook of Transport Strategy, Policy & Institutions," discussed the role of accounting in transport policy and planning. They emphasized the need for transport accounting systems that can support evidence-based decision-making, facilitate cost allocation and pricing, and promote transparency and accountability in the transport sector.
These scholars provide different perspectives on transport accounting, highlighting its importance in decision-making, performance evaluation, infrastructure investment, external cost considerations, and policy formulation.