Implications of formal grammars for accounting policy development
The problems of accounting policy formulation are approached using the methods of formal language theory. The use of a formal grammar makes it possible to provide a clearer logical basis for the arguments for and against particular pronouncements of the FASB in three areas: possibility, consistency...
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Published in | Journal of accounting and public policy Vol. 4; no. 2; pp. 123 - 148 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
New York
Elsevier Inc
01.01.1985
Elsevier New York, NY :North Holland,c1982 Elsevier Sequoia S.A |
Series | Journal of Accounting and Public Policy |
Subjects | |
Online Access | Get full text |
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Summary: | The problems of accounting policy formulation are approached using the methods of formal language theory. The use of a formal grammar makes it possible to provide a clearer logical basis for the arguments for and against particular pronouncements of the FASB in three areas: possibility, consistency and resolution of accounting principles. Two examples are presented that suggest ways in which many different questions of accounting policy can be raised and answered. A linguistic framework for classifying accounting pronouncements is presented. Accounting as a formal language is evaluated together with speculation on the implications for accounting policy development. |
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ISSN: | 0278-4254 1873-2070 |
DOI: | 10.1016/0278-4254(85)90015-8 |