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 prospect today is should business relationship be an art or should it actually be a science? Although the move to scientific base accounting would be desirable in todays society it is not possible. When you check the facts of this issue in a true debate style, the scientific based approach does not work and cannot do today what the current frame does for its users.Accountants provide training that is reliable, verifiable and precise. As well it is crucial those accountants be considered trustworthy and that the information can be confirmed by another(prenominal) source. Without this there is no future of accounting and there would have neer been a past. Accounting is left open to interpretation to those who aim to observe the information. Many opposite people look at accounting information, many another(prenominal) different cultures, organiza tions and ethnic groups use this information for different reasons. To make accounting scientific based makes it one tick off or rules, a set of laws to follow by. If you held a gun to a scientist and said make the animate 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. ...