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Full-Text Articles in Accounting
Regulation As Accounting Theory, M. Gaffikin
Regulation As Accounting Theory, M. Gaffikin
Faculty of Business - Accounting & Finance Working Papers
Over the years there have been many arguments and debates over the necessity for regulation. Those who believe in the efficacy of markets argue that regulation is not necessary as market forces will operate to best serve society and optimise the allocation of resources. However, there are many who point out that markets do not always operate in the best interests of societies so some form of intervention in the form of regulation is necessary. This is obvious in many aspects of society. For example, if there were no road rules for drivers chaos would result on the roads. If …
Accounting Research And Theory: The Age Of Neo-Empiricism, M. Gaffikin
Accounting Research And Theory: The Age Of Neo-Empiricism, M. Gaffikin
Faculty of Business - Accounting & Finance Working Papers
The theorising in accounting prior to 1970 was rejected as not providing sufficiently general theories. Informed by theories in economics and finance (and other disciplines such as psychology) and with the aid of computers, attempts to theorise accounting took a new direction. Large data collection and analysis emphasized a purportedly more systematic empirical approach to developing theory.
Creating A Science Of Accounting: Accounting Theory To 1970, M. Gaffikin
Creating A Science Of Accounting: Accounting Theory To 1970, M. Gaffikin
Faculty of Business - Accounting & Finance Working Papers
This paper describes the development of what has been regarded as accounting theory concentrating largely on that in the first 70 years of the 20th century. It demonstrates that a major motivation for this theory was the generally accepted belief in the need for greater conceptual rigour in accounting theory and research. A major part of this theorising was designed to solve a major accounting problem, viz accounting in periods of changing prices, notably inflation. In examining this early theorizing the paper describes the elements of theories and their use by academic theorists, practitioner theories and theories from various committees.