TY  - CHAP
AB  - Abstract In five pages, the study summaries the proposed principles; twenty-four pages summarize committee members’ comments, some of which are in support and others in dissent.1The latter include reservations regarding the lack of convincing logic, adequate reasoning, and limited examination of objectives. In particular, it could have been helpful if specific principles had been coordinated with individual postulates, and the concept of realization seems to have been weakened by focusing on the reporting of holding gains and loss as a matter of principle. Yet, there was a time when “theory” was considered to mean “the impractical.” But research activities such as these, and the discussion they generate, carry much promise for refining conceptual bases; thus, strengthening accounting technology and its associated profession by cementing its foundation blocks.
VL  - 20
SN  - 978-1-78635-389-4, 978-1-78635-390-0/1479-3504
DO  - 10.1108/S1479-350420160000020055
UR  - https://doi.org/10.1108/S1479-350420160000020055
PY  - 2016
Y1  - 2016/01/01
TI  - Broad Accounting Principles☆
T2  - A. C. Littleton’s Final Thoughts on Accounting: A Collection of Unpublished Essays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  - 305
EP  - 310
Y2  - 2024/05/10
ER  -