Solution-Normative accounting theory and positive

Normative accounting theory and positive accounting theory

Reference no: EM133111640

From the early 1970s, accounting theory become more involved in empirical or positive theory development and testing. Positive accounting theorists concentrate on understanding the assumptions that normative theorists take for granted (Godfrey et al.,2010).

Required: (i) Distinguish between normative accounting theory and positive accounting theory

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Reference no: EM133111640

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Normative accounting theory and positive accounting theory

Reference no: EM133111640

Reference no: EM133111640

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