Accounting – Profession vs. Science
AbstractDefining accounting as a scientific field has been a matter of controversy. This paper is intended to describe the scientific grounds of accounting by way of analysing the International Financial Reporting Standards system. We compare T. S. Kuhn’s theory of scientific philosophy with the regulations and evolution of the selected reporting system. We conclude that the elements of the disciplinary matrix of accounting are prescribed by the Framework and by the specific problem-solving methods associated with the standards. Over the last few decades, the economy has been subject to fundamental changes that have tested the resilience of any accounting system. These challenges to the paradigm have launched a series of shifts in the field of international accounting, which correspond to the steps of scientific revolutions described by Kuhn. At present, standard setters are focused on renewing the reporting paradigm and formulating globally relevant standards.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by State Audit Office of Hungary in its journal Public Finance Quarterly.
Volume (Year): 57 (2012)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://www.asz.hu
international financial reporting; disciplinary matrix; scientific revolutions;
Find related papers by JEL classification:
- M41 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Accounting
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Pál Péter Kolozsi).
If references are entirely missing, you can add them using this form.