A consideration of the causality between objectives of financial reporting and accounting system：current problem

The purpose of this paper is to explore problems that current accounting needs to solve by accepting decision usefulness as a given objective of accounting and capturing the accounting system as "means for meeting the objectives of financial reporting". As a result, this paper pointed out that the theoretical relationship between the objectives of accounting and the accounting system becomes unclear at the stage of estimating future profit and capital cost.

Hitotsubashi Review of Commerce and Management

第14巻