Accounting Theory Essay -- essays research papers

Accounting is in the current state of being an art. It is referred to as a social science, but the question that still remains in passel today is should be be an art or should it actually be a science? Although the move to scientific found accounting would be desirable in todays society it is not possible. When you require the facts of this issue in a true debate style, the scientific based approach does not work and cannot do today what the current brass does for its users.Accountants provide cultivation that is reliable, verifiable and precise. As well it is crucial those accountants are considered trustworthy and that the information can be confirmed by some other source. Without this there is no future of accounting and there would have never been a past. Accounting is left open to interpretation to those who fill to mountain the information. Many polar people look at accounting information, galore(postnominal) different cultures, organizations and ethnic groups use this information for different reasons. To make accounting scientific based makes it one arrange or rules, a set of laws to follow by. If you held a gun to a scientist and said make the drive on of light faster he could not change the speed of light, because it is a scientific based law. One set of properties defines that law. In accounting we need different information for different situations. Internal departments require different information then external and as such their needs to be different rules and guidelines. ...