Contemporary issues in accounting-
Topic - Critical Accounting Theory
Objective-
- Makes a clear distinction between different theories of accounting
- Critically evaluate contemporary external company reporting practices
Learning objectives-
- Define critical accounting theory;
- Assess the neutrality and objectivity of financial reports from a critical perspective of accounting;
- Assess research based on Positive Accounting and Legitimacy Theories from a critical accounting theory perspective
Critical view of mainstream accounting research - Research is directed to such things as:
- What accounting methods are most appropriate in certain circumstances?
- What motivates managers to use one accounting method in preference to another?
- How the share market will react to a particular disclosure,
- What information best suits particular users' needs, and so on.
Topic summary-
-Definitions of Critical Accounting Theory
-Role of Accounting Practice
- Traditional realist view
- Critical view
-Role of Accounting Research
- Mainstream views
- Critical accounting theories
- Critical Perspective of the role of the regulator
- Criticisms of PAT
- Criticisms of Legitimacy Theory
- Criticisms of CSR
- Criticisms of Critical Accounting Theory.
Attachment:- Accounting Assignment.rar