Positive Accounting Theory - Research Paper Example

Extract of sample
Positive Accounting Theory

The predictions of real world situations help small businesses in choosing the appropriate accounting policies that would help them in advancing. The predictions of positive accounting theory with regards to the real world situation go a long way in assisting firms to react positively to new standards of accounting introduced by the legal bodies. Moreover, the overall objective of the positive accounting theory is to enable firms to predict and understand their accounting policies choices. The theory also puts into consideration, the economic consequences of the policies on the firms and the economy in general. Positive Accounting Theory Small businesses organize their operations in an efficient manner using the positive accounting theory, which helps firms in maximizing economic opportunities for growth and survival in the business world. Due to the need for business operations efficiency, firms will need to minimize contract related costs. Ordinarily, contract related costs include negotiation costs, monitoring and renegotiation costs with regards to accounting variables in terms of financial ratios and net income accounting information. Minimization of contract related costs fully relies on the mandate of a firm in choosing the most appropriate accounting policies with regards to its operations. ...Show more

Summary

The theory of Positive Accounting seeks to make relevant accounting transactions based on the predictions of real world situations.The predictions of real world situations help small businesses in choosing the appropriate accounting policies …
Author : nhudson
Positive Accounting Theory essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Positive Accounting Theory"
with a personal 20% discount.
Grab the best paper

Related Essays

Accounting for Management Decisions
Today many organisations are going out of business as a result of the mounting cut- throat market competition across the globe. Even though a company has a better range of well recognised product lines and brand names, it cannot confront with modern business situation unless the firm possesses potential management level strategies and decision making capabilities.
17 pages (4250 words) Research Paper
Fieldler's Contingency Theory
Situational control can be defined as the extent to which leaders can determine what their group is going to do and what the outcomes of their actions and decisions are going to be (Schermerhorn & Hunt & Osborn, 2003). Another important instrument used in the theory is the least preferred worker scale.
3 pages (750 words) Research Paper
Throughput Accounting Research Paper
.......................................1 Steps involved in throughput accounting…………………………………………2 Limitations of Throughput Accounting…………………………………………..5 Analysis…………………………………………………………………………..6 Summary………………………………………………………………………….7 References………………………………………………………………………..8 Introduction Management Accounting has incorporated a number of cost accounting techniques.
7 pages (1750 words) Research Paper
B.F. Skinners Positive Reinforcement theory
Operant behaviors are those behaviors that bring out a consequence since the individual’s operation is on their personal environment. Furthermore, Tucker, Sigafoos and Bushell (1998) assert that the concentration of the theory is directed towards the relationship that exists between operant behavior and the resulting consequences.
4 pages (1000 words) Research Paper
Theory and Practice of Leadership
Globalization has compelled the employees in an organization belonging to varied cultures and religions to work together in synchronization with each other. This has made the managers to adopt leadership approaches at various managerial levels and situations to help in the accomplishment of goals and objectives of an organization.
8 pages (2000 words) Research Paper
Emerging Accounting Issues
These principles are meant to be formulated to the best interests of the public in relation to the execution of accounting practices in public companies. The FASB recommended the formation of the Emerging Issues Task Force (EITF) in 1984. The EITF was tasked with assisting the FASB in improving financial reporting through discussion, timely identification and resolution of financial accounting issues.
6 pages (1500 words) Research Paper
Throughput Accounting
Throughout the history of management accounting, a number of cost accounting techniques also have been developed to focus on the productivity and performance through fixed overhead costing methods, Absorption
7 pages (1750 words) Research Paper
Accounting Theory Research Assignment
This reform has been adopted by the Australian government with the intention of facilitating better transparency for shareholders with respect to the remuneration
7 pages (1750 words) Research Paper
Accounting
8). This comprehensive information has been important in cost accounting, permitting accountants to embed function-based costing systems. These new
5 pages (1250 words) Research Paper
Accounting Capstone Research Project:
Therefore, it is essential to review the information required for the perpetual alignment of the business operations with the underlying altering market needs especially within a business environment where even small companies face the effects of the
10 pages (2500 words) Research Paper
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT