Financial accounting

1. Advanced Financial Accounting

2. Accounting theory
 The Financial Accounting Environment
Accounting
Theory
Political
Factors
Economic
Conditions
Accounting Policy Making
Accounting Practice
Users of Accounting
Data and Reports
Audit Function:
Compliance of
Practice with
Accounting rules

3. Accounting Research Directions
 Decision Model Approach
 Capital Market Research
 Behavioral Research
 Agency Theory
 Information Economics

4. Research methodology
 Deductive
 Inductive
 Normative
 Descriptive

5. Accounting Postulates
 Going Concern
 Time Period
 Accounting Entity
 Monetary Unit

6. Measurement Principles
 Realization
 Matching
 Conservatism
 Disclosure
 Materiality
 Objectivity
 Comparability
 Consistency
 Uniformity
Input-Oriented Output-Oriented