Advanced Financial Accounting. Accounting theory n The Financial Accounting Environment AccountingTheoryPoliticalFactorsEconomicConditions Accounting.

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Presentation transcript:

Advanced Financial Accounting

Accounting theory n The Financial Accounting Environment AccountingTheoryPoliticalFactorsEconomicConditions Accounting Policy Making Accounting Practice Users of Accounting Data and Reports Audit Function: Compliance of Practice with Accounting rules

Accounting Research Directions n Decision Model Approach n Capital Market Research n Behavioral Research n Agency Theory n Information Economics

Research methodology n Deductive n Inductive n Normative n Descriptive

Accounting Postulates n Going Concern n Time Period n Accounting Entity n Monetary Unit

Measurement Principles n Realization n Matching n Conservatism n Disclosure n Materiality n Objectivity n Comparability n Consistency n Uniformity Input-OrientedOutput-Oriented