Accounting Theory Essay Example | Topics and Well Written Essays - 500 words - 2

Accounting Theory - Essay ExampleCritical theorist says that disclosing social responsibility information could be a waste if not accompanied by major changes in how the society is structured.A lively perspective on invoice is focused on providing a medium for the increasing number of account practitioners and researchers who understands that the traditional practices and theories are not suitable for the problems arising in the current environment. Critical chronicle research scrutinizes how individuals react to the different accounting disclosures. Critical perspective can be described as a research that focuses on the function of accounting in maintaining the advantaged positions of those in authority and undermining the authority of those with no capital. Critical perspective emphasizes on questioning whether certain approaches of accounting should be applied. Some accounting studies sire actively advocated for the critical theory of accounting. The strongest known advocates have been Richard Laughlin and Jane Broadbent. In this theory, accounting is viewed as a social science as it demonstrates a more critically oriented method. Critical accounting theory acknowledges the human aspect instead of claiming the intellectual status. Critical perspectives of accounting take a broad variety of stances from exceedingly conventional to extremely radical with an aim of improving the accounting practices. This theory also makes the accountants understand more on social, economic and political impacts of their practice. A critical perspective of accounting is said to be cultural conscious and aware of the significance of the history. Languages are made in the societies, and the effect of culture is vital to ground a language. With this understanding, there is a realization that societies are regulated by conventions and rules. Therefore, it is important to find out how individuals interpret conventions and rules (Broadbent &