Ddbates concerning knowledge are not relevant to accounting and its practice - Essay Example

Only on StudentShare

Extract of sample
Ddbates concerning knowledge are not relevant to accounting and its practice

As such, knowledge has its limits; some synthesis of object matter is needed through reasoning to create understanding. To objectively generate new knowledge various sources of knowledge exists that include; induction, intuition, observation, experience, testimony, and introspection among others. Plato cautions that those seeking to understand knowledge must distinguish it from opinion. For example, accounting statements have to be viewed objectively other than subjectively in creating reality and true knowledge. In my view, knowledge is fixed, absolute, and eternally true while opinions are changeable. Therefore, for one to be a true knowledge seeker, then they must naturally not consent to opinions, but have to strive with unwavering passion to establish the essential nature of things that constitute facts. However, it is not certain that accounting operations can lead to such knowledge or truth, making knowledge not an essential consideration in accounting profession. ...Show more

Summary

DEBATES CONCERNING KNOWLEDGE ARE NOT RELEVANT TO ACCOUNTING AND ITS PRACTICE BY NAME: CLASS: PRESENTED TO: DATE: Debates Concerning Knowledge are not Relevant to Accounting and its Practice Introduction Discussions about what constitutes knowledge have been ongoing for a long time, and were extensively covered by some of great philosophers like Plato, Humes, Kant and Socrates…
Author : ghudson
Save Your Time for More Important Things
Let us write a custom essay on your topic
"Ddbates concerning knowledge are not relevant to accounting and its practice"
with a personal 20% discount.
Find out more

Related Essays

Debt Cancellation and its impact on poverty in developing countries
This work highlighted that debt is not the prime reason for poverty and debt cancellation cannot cause poverty reduction unless there is economic reforms and efforts from the governments to utilize these as a resource to improve health and education spending. Developing countries are facing poverty issues due to factors such as poor managing of resources, corruption etc. in order to reduce poverty.
5 pages (1250 words) PowerPoint Presentation
Integration of ERP Systems in Accounting Practice
This research is the best example of comparison of Organizational Theory Perspective; Agency Theory Perspective and Contingency Theory Perspective. The three different theoretical perspectives are similar since they all seek to explain the implementation of ERP systems in organizations and the subsequent accountability and management control issues.
10 pages (2500 words) Essay
Understand & explain the Accounting Equation and its components
They are made to ensure that the financial statements are based on the matching principle and revenue recognition concept . These requires that revenues be recorded when earned and expenses are matched to the accounting period, when the revenue they helped produce, was earned .
3 pages (750 words) Essay
Advanced Accounting Theory & Practice
Advanced Accounting Theory & Practice Introduction International Accounting Standard (IAS) 1 provides a framework for the Preparation and Presentation of Financial Statements. This accounting standard is comprised of information necessary for preparing and presenting the financial statements.The basic purpose of this standard is to enable different users to make effective economic decisions with the use of financial and non-financial information.
10 pages (2500 words) Essay
Advanced Accounting Theory & Practice
Year 2001, was marked as the year of establishment of International Accounting Standards Board (IASB). It was established with the idea to develop and implement International Financial Reporting Standards (IFRS). First of the IFRS was issued in the year 2003.
8 pages (2000 words) Essay
The Relevant International Accounting Standard (IASB)
Contingent liability is the present obligation in respect of past event the settlement requiring outflows of resources. Similarly, contingent asset also arises due to past events which are expected as an inflow of economic resources to the entity.
9 pages (2250 words) Assignment
accounting
Accounting Companies should be required to use the same accounting method for inventory. That would ensure that there is no exploitation of the customers because of the inventory methods that are been used by companies. The other advantage of that is the fact that there will be uniformity in the reporting of financial statements by the various companies.
3 pages (750 words) Assignment
Adv. Accounting Theory & Practice
The firms in different industries have a conflicting nature in terms of their responsibilities towards society.Their scope of responsibilities clearly depends upon the area in which they are doing business, for example the extracting businesses are crucial to the focus of environment regulatory authorities.
4 pages (1000 words) Essay
personal statement
But I can say that after completing a bachelor’s degree in accounting, I have thoroughly enjoyed learning the intricacies of accounting and how they can be applied in a business setting. My
1 pages (250 words) Personal Statement
Find out how much would it cost
to 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