International Financial Accounting and Social and Environmental Theory - Essay Example

Only on StudentShare

Extract of sample
International Financial Accounting and Social and Environmental Theory

The primary issue concerning social and environmental theory is the way the society determines developments, goals, and innovations in accounting practice. It is generally agreeable that the society and environment in which accounting practices are applicable affects its development to some extent. However, the extent and the framework with which the social and environmental theory has influenced current accounting practices is a matter of dispute. Actors in this theory are the members of society being users, accountants, and generally stakeholders of accounting practices. Development of Accounting Practices Stakeholders in the society are considered to have control over accounting practices, their developments, and the directions in which such developments take place, to some extent within a given social setting. The influence of practices and developments is referred to as agency, where stakeholders in the society have the ability to influence accounting practices toward attaining some end. The level of accounting practices largely depends upon the kind of environment those stakeholders come from. ...
Download paper

Summary

Running head: International Financial Accounting and Social and Environmental Theory International Financial Accounting and Social and Environmental Theory Insert Name Insert Grade Course Insert 18 November 2011 Outline Introduction Development of Accounting Practices Social and Environmental Influences Conclusion International Financial Accounting and Social and Environmental Theory Introduction Social and environmental theory in financial accounting attempts to outline how information stakeholders and social environments are interrelated…
Author : murazikjean

Related Essays

Financial and Management Accounting: The Contribution to Effective Business and Management
12 pages (3012 words) Essay
The Choice between Formulation of Accounting Framework and Adoption of International Financial Reporting Standards: A Case of Developing Countries
16 pages (4016 words) Essay
Financial Accounting Theory
12 pages (3012 words) Essay
International Financial Accounting and Theory
7 pages (1757 words) Essay
International Financial Accounting and Theory
6 pages (1506 words) Essay
Advanced Financial Accounting; Corporate Social Responsibility
5 pages (1255 words) Essay
Adv. Accounting Theory & Practice
4 pages (1004 words) Essay
MARKET ANALYSIS AND REPORT
7 pages (1757 words) Essay
taxation
2 pages (502 words) Essay
Accounting: Emirates Group Case Study
8 pages (2008 words) Assignment
Got a tricky question? Receive an answer from students like you! Try us!