This course is part of the financial accounting core subjects. It discusses the frame of reference that affects financial accounting practices. The discussion is conducted by considering the different financial accounting theories which are often developed to perform different functions: (1) to describe accounting practice; and (2) to prescribe particular accounting practices. The theories of accounting are also developed as a result of applying various value judgements and that acceptance of one theory in preference to others will in part be tied to one’s own value judgements. As a consequence, students should critically evaluate theories (the underlying logic, assumptions made and evidence produced) before accepting them.
- Teacher: Liza Alvia
- Teacher: Fajar Gustiawaty Dewi
- Teacher: Prof. Dr. Lindrianasari
- Enrolled students: 74