The Accounting Review Vol. 44 No. 1 1969
Implications of Measurement Theory on Accounting Concept Formulation.
Abstract
The article discusses the implications of measurement theory on accounting concept formulation. Measurement is a term of common usage in contemporary accounting literature. However, inclusion of the word in accounting terminology appears to have preceded any thoroughgoing analysis of measurement's essential meaning and corresponding implications to the discipline. The purpose of this article is to analyze some deficiencies in accounting thought inferred by the perception of accounting as an explanatory discipline that utilizes measurement as its primary mode of description. As a corollary objective, these problems will be related to some objectives for future accounting research. Correspondent with this objective is the responsibility of accountants, in both research and practice, for the explanatory significance of the numbers and statements issuing from accounting procedures. Accounting research literature is replete with alternative formulations of specific accounting concepts or percepts. On the other hand, analytical research at the metatheoretical level of definitional problems in accounting is virtually non-existent.
- DOI
- 10.2308/tar-4492002
- Volume
- 44
- Issue
- 1
- Pages
- 38-47
- Language
- en
- Sources
- openalex crossref