ACCOUNTING BASES OF THEORY:WHY THEY MATTER

Risk Governance & Control: Financial Markets & Institutions

Zafeer Nagdee¹ 

关键词: Accounting Theory;    Accounting Practice;    Accounting Research;    Accounting Education;    IASB;   

DOI  :  10.22495/rcgv6i4c1art8

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

It is widely agreed that contemporary accounting practice is largely based on the application of professional accounting standards rather than on the application of sound, academic bases of theory. This has led to uncertainty within the field which has in turn inhibited the ability of accounting to develop into a more robust academic discipline. In conducting a thematic analysis of existing literature, this study will identify and expand on three key themes which will collectively establish the argument positing that a lacking basis of accounting theory has impaired the scholastic development of accounting practice worldwide. By introducing this argument to the academic community, this study will expose the economic risks associated with accounting’s absent bases of theory and will consequently add value by highlighting the need for additional research into the development, clarification and refinement of accounting theories that will result in more useful accounting practices worldwide.

【 授权许可】

CC BY-NC