Financial Accounting

Summary

This book focuses on two topics. One of them is how traditional accounting researches on the consistency in accounting standards are interrelated with positive, empirical accounting researches.
This book shows that implication of traditional accounting researches can be a contribute toward the improvement in empirical accounting researches. It also shows that the result of traditional accounting researches can not be fruitfull unless they mention the results of empirical accounting researches.
The other topic this book focuses on is how research method employed in traditional accounting researches can be improved. This book emphasizes on the importance of recognizing the fact that the system of accounting standards is always changing and can not be in equilibrium.