Includes index.

Contents: The History and development of accounting -- The Nature and uses of accounting -- The Element and structure of an accounting theory -- The Traditional approaches to formulation of an accounting theory -- The Regulatory approach to the formulation of an accounting theory -- A Conceptual framework for financial accounting and reporting -- The Structure of accounting theory -- Fairness, disclosure and future trends in accounting -- Research perspectives in accounting -- Accounting: a multiple paradigm science -- The Events and behavioral approaches -- The Predictive approach -- The Position approach, income smoothing and earnings management -- Current-value accounting -- General price-level accounting -- Alternative asset-valuation and income-determination models.