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Accounting theory refers to the conceptual framework that guides the accounting profession in developing standards and practices. Developing accounting theory helps to establish consistency, ensure information is useful for decision making, and resolves differences in accounting methods. It provides a foundation for the development of accounting principles and standards used in practice.
Accounting theory refers to the conceptual framework that guides the accounting profession in developing standards and practices. Developing accounting theory helps to establish consistency, ensure information is useful for decision making, and resolves differences in accounting methods. It provides a foundation for the development of accounting principles and standards used in practice.
Accounting theory refers to the conceptual framework that guides the accounting profession in developing standards and practices. Developing accounting theory helps to establish consistency, ensure information is useful for decision making, and resolves differences in accounting methods. It provides a foundation for the development of accounting principles and standards used in practice.