Professional Documents
Culture Documents
Objective of accounting
Normative
Decision making
Positive
Stewardship
relationship
or
agency
Behavioural assumptions
Economic assumptions
Semantic assumptions
Accounting
serves
measurement role.
Pragmatic assumptions
Accounting is neutral/unbiased.
a Measurement
role
is
secondary
function
monitoring and bonding.
a
to
Accounting is a political
economic or social commodity.