Evolution of accounting thoughts:
· Early history of accounting
· Origin and growth of accounting knowledge and the double entry system
· Industrial revolution and the development of accounting.
· Development of accounting in the 20th century
- Accountability and economic development.
The structure of accounting theory:
· Structural theories
· Interpretation theories
· Behavioral theories
Formulation of accounting theory:
· Traditional approach, Formulation of accounting theory:
Modern approach Theories on the uses of accounting information:
· The outcomes of providing accounting information
· Critical perspective research
· The relationship between accounting research, education and practice
Efficient capital markets:
· The efficient market hypothesis
· Some misconceptions about the efficient market hypothesis
· CAPM theory
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Efficient capital markets:
· CAPM theory, Portfolio theory, Economics of accounting information
Conceptual framework for accounting and reporting:
Objectives
· Qualitative characteristics of accounting information
· A statement of basic accounting theory (ASOBAT)
Conceptual framework for accounting and reporting:
· Objective of financial statements (true blood report)
· Statement of accounting theory and theory acceptance (SATTA)
· SFAS
Measurement and reporting:
· Measurement
· Subjective value
· True economic value
· Cost, present value, market value
· Value to business or owner
Measurement and reporting:
· Determining the value in practice
· Asset liabilities and owners’ equity measurement
· Income business income
· Measurement of income
· Income measurement under uncertainty
· Recognition of revenue
· Matching principles
Financial statements and disclosure:
· Elements of financial statements
· Nature of disclosure
· Regulation of financial reporting
· Regulated markets and unregulated markets for account8ing information
· Economic consequences
· Public reporting
· Disclosure methods, Valuation of business, goodwill and shares
Human resource accounting:
· Meaning of human resource accounting
· Uses and objectives of HRA
Important factors in developing HRA in an organization
· Measurement of human resources and their appraisal