Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
March 18, 2026The Accounting Review

The Theory and Practice of Accounting.

View Full Paper
Ask AI
Bookmark
Share

Authors

HMH. McCredie

Discussion

Loading...

Member takes

Overview

Article discusses accounting theory and practice, emphasizing propositions and the importance of entities.

Key Points

  • The aim is to differentiate between the beliefs and theories in accounting while emphasizing the role of propositions.
  • Differentiation between pure and applied aspects of accounting.
  • Discussion of the nature and importance of propositions in accounting theory.
  • Analysis of recorded experience and its relevance to accounting propositions.
  • Illustration of various accounting propositions including profit and depreciation.
  • Describes accounting as both a theoretical framework and practical application.
  • Highlights the significance of separating entities for accounting purposes.
  • Establishes that propositions lead to essential accounting results as required by law.

Cite This Study

H. McCredie (1957) studied this question.

synapsesocial.com/papers/69ba42dc4e9516ffd37a3878https://doi.org/10.2308/tar-7057296
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1THE PRESENT STATE OF ACCOUNTING HISTORY.1963
  2. 2THEORY AND PRACTICE IN THE DEVELOPMENT OF ACCOUNTING.1964
  3. 3RESEARCH METHODOLOGY AND ACCOUNTING THEORY--ANOTHER PERSPECTIVE.1961
  4. 4Constructing a Theory of Accounting--An Axiomatic Approach.1981
  5. 5RECENT DEVELOPMENTS IN ACCOUNTING THEORY AND PRACTICE.1950