Question
(a) In the 1920s to 1960s, many accounting researchers concentrated on developing theories of accounting based on observing and documenting the behaviour of practising accountants.
(a) In the 1920s to 1960s, many accounting researchers concentrated on developing theories of accounting based on observing and documenting the behaviour of practising accountants.
(i) Explain the reasoning in the above theory development. (5 marks)
(ii) What is the limitation(s) of above supporting theory? (6 marks)
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki
9th edition
9781483375014, 1483375013, 9781506300108, 1506300103, 978-1483375021
