TY  - CHAP
AB  - Abstract Accounting is a systematic method of providing experience-tested data as a basis for future decisions. That experience, which is much more dependable than expectations, is open to diagnosis as an approach to decisions. An analytical recording of experience can stimulate an interpretative reading of the results of prior policy. This can be a road toward learning from experience. Ratner (1939) foresees this development, stating that “[e]nds which could justify themselves to reason [should] take the place of custom as guides to conduct (p. 288).” As such, functional theory can be useful even to practical roles, as theory can improve practice and good practices can improve business decisions.
VL  - 20
SN  - 978-1-78635-389-4, 978-1-78635-390-0/1479-3504
DO  - 10.1108/S1479-350420160000020050
UR  - https://doi.org/10.1108/S1479-350420160000020050
PY  - 2016
Y1  - 2016/01/01
TI  - A Tool for Thinking
T2  - A. C. Littleton’s Final Thoughts on Accounting: A Collection of Unpublished Essays
T3  - Studies in the Development of Accounting Thought
PB  - Emerald Group Publishing Limited
SP  - 259
EP  - 268
Y2  - 2024/04/25
ER  -