The Peruvian Amazon Company: An Accounting Perspective

Abstract

This article presents an analysis of the operations of the Peruvian Amazon Company through an accounting lens. It is suggested that a focus on asset categories augments our knowledge of the company’s exploitation of the land and Indigenous peoples of Amazonia. In particular, the study explores the PAC’s questionable ownership of estates in the Putumayo, what its approach to valuing those estates implied about enslavement, how its treatment of “expenses of conquest” and the inclusion of armaments on the balance sheet indicated the forced subjugation of labor, and how the classification of rubber collectors and their Barbadian overseers as debtors further suggests the practice of debt peonage. Although the findings affirm the utilization of accounting as a facilitator of subjugation, it is shown that in the hands of humanitarians such as Roger Casement, accounting could also be deployed in the pursuit of emancipation.

Accounting and racial violence in the postbellum American South

“…The capacity of shadow, alternative or counter accounts to give voice to oppressed groups and create visibilities that disrupt power relations is also an established theme in the critical accounting literature (Thomson et al, 2015;Vinnari and Laine, 2017). It has been suggested that counter accounts are a means of 'talking back' and thus have emancipatory potential (Dey et al, 2011;Gallhofer et al, 2006;Spence, 2009;Walker, 2022). Although alternative accounts are usually generated by informed external observers, they may also be composed by the oppressed themselves.…”