A Review of Methodology of Accountin Theory

A Review of Methodology of Accountin Theory

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The purpose of read more this article is to demonstrate the Weaknesses of present methodology of accounting theory.The first section of the paper includes a critical analysis of the traditional approaches to the formulation of an accounting theory in the development of accounting principles and procedures.In the second part, other approaches such as: positivism, Instrumentalism, Falsificationism , paradigm, Rationalism and Against method are explained.The paper concludes, Although the traditional approaches have reached a higher level of acceptance, however each of these approaches relies on different assumptions Shirt and unique ways of looking at accounting problems and research questions.

The new approaches to the formulation of an accounting Theory differ from the traditional approaches in terms of their novelty, their less general acceptance, and their reliance on Verification.They present innovative and more empirically oriented methods of resolving accounting issues.The influence of the new approaches is manifested in the accounting literatures of the last decade.