In seeking to replace accounting conventions by concepts in the pursuit of principles-based standards, the FASB … welcome the use of theories by accounting standard setters and practitioners, if theories are considered in their entirety … and standards. Our conclusions about how accounting concepts and conventions should be related differ from those of the …

In seeking to replace accounting ‘conventions' by ‘concepts' in the pursuit of principles-based standards, the FASB … welcome the use of theories by accounting standard setters and practitioners, if theories are considered in their entirety … and standards. Our conclusions about how accounting concepts and conventions should be related differ from those of the …

Risk and uncertainty are inherent in the environment and functions of accounting. Accounting reports, systems, norms … descriptions of coping with risk and uncertainty yield different implications for accounting. Chambers was an articulate, forceful …, and celebrated proponent of market values, while Ijiri did the same for historical costs. Elements of accounting theory …

Improving financial reporting calls for achieving a fine balance between codification of accounting rules, and … concomitant financial engineering makes written rules of accounting almost instantaneously obsolete through creation of new …

analysis, politics lies at the heart of accounting policy. The set of possible means of arriving to any agreed upon meaning of …

analysis, politics lies at the heart of accounting policy. The set of possible means of arriving to any agreed upon meaning of …

Joel S. Demski's work is characterized by the austere discipline of applying the economizing principle to accounting … social phenomena in general, and accounting in particular, has been highly productive, and it is not in conflict with … accounting …

's Financial Accounting Standards Committee's responses to several of the Boards' specific questions. In summary, we support the …

Standard setters have sought a conceptual framework to guide development of a consistent set of accounting standards … to justify a wide range of actual accounting standards. Second, all accounting issues are viewed as being conceptual … standard setting bodies. Associated with each conceptual issue is an accounting duality; in some cases one side (e.g., stocks …