IMPACT OF ACCOUNTING THEORY ON FINANCIAL REPORTING IN KENYA.

Authors

  • Dr. Chesoli, Joshua Wafula Kisii University School of Business and Economics Department of Accounting and Finance P.O. Box 408-40200, Kisii, Kenya

DOI:

https://doi.org/10.53555/eijbms.v7i2.117

Abstract

Why do rockets need so much power to lift off? Why do humans walk on two legs? To answer these questions, we are likely to call upon the theories of gravity and evolution. These theories are generally held in high regard for their powers of explanation and prediction, but what is it that gives them their authority? In fact, what is a theory? Furthermore, what is the relevance of accounting theory to accounting? 

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Published

2021-06-27