Contemporary issues in accounting-

Topic - Critical Accounting Theory

Objective-

• Makes a clear distinction between different theories of accounting
• Critically evaluate contemporary external company reporting practices

Learning objectives-

• Define critical accounting theory;
• Assess the neutrality and objectivity of financial reports from a critical perspective of accounting;
• Assess research based on Positive Accounting and Legitimacy Theories from a critical accounting theory perspective

Critical view of mainstream accounting research - Research is directed to such things as:

• What accounting methods are most appropriate in certain circumstances?
• What motivates managers to use one accounting method in preference to another?
• How the share market will react to a particular disclosure,
• What information best suits particular users' needs, and so on.

Topic summary-

-Definitions of Critical Accounting Theory

-Role of Accounting Practice

• Traditional realist view
• Critical view

-Role of Accounting Research

• Mainstream views
• Critical accounting theories
• Critical Perspective of the role of the regulator
• Criticisms of PAT
• Criticisms of Legitimacy Theory
• Criticisms of CSR
• Criticisms of Critical Accounting Theory.

Attachment:- Accounting Assignment.rar