Relation of Theory and Practice

Abstract

Techniques are actions. Reasons for actions tell of objectives, such as the need men have to review the results of prior decisions. Convincing support for an orderly methodology can be sought in the orderly structure of accounting ideology, and a basis for constructive criticism lies in clear knowledge of how things are in the present. This ability to learn by experience rests on knowledge of prior experience, and knowledge means that those prior events are understood.

Citation

(2016), "Relation of Theory and Practice", A. C. Littleton’s Final Thoughts on Accounting: A Collection of Unpublished Essays (Studies in the Development of Accounting Thought, Vol. 20), Emerald Group Publishing Limited, Leeds, pp. 251-258. https://doi.org/10.1108/S1479-350420160000020049