Modern Western Accounting Theory

Author: Ge Jiashu
Publisher:
Publish Date: 2002-09-01
Features: Ten years ago, to help accounting professionals in higher education, mainly graduate students, study Western financial accounting theory and methods, we wrote the book "Modern Western Financial Accounting Theory." Since its publication, it has been well-received and encouraged by readers, which deeply inspired us. Ten years have passed, and now Western accounting theory has developed rapidly. One important sign is the rise of empirical accounting research, which seems to be replacing normative accounting theory. Of course, complete accounting theory research should be a combination of normative and empirical research. Neither should they be mutually exclusive, nor can they replace each other. Empirical accounting theory is based on accounting data, which mainly comes from financial reports.