Question
ACT301 Suppose there is a normative theory of financial accounting that prescribe how we should do financial accouting. Required: Critique whether it is possible to
ACT301
Suppose there is a normative theory of financial accounting that prescribe how we should do financial accouting.
Required: Critique whether it is possible to reject the theory because we disagree with a central assumption ( such as assumption about the objective of financial reporting) despite the theory being logical.
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Accounting For Managers Interpreting Accounting Information For Decision Making
Authors: Paul M. Collier, Sandy M. Kizan, Eckhard Schumann
1st Canadian Edition
1118037960, 9781118037966
