Accounting Theory and Development Essay Example for Free

Accounting Theory and Development Essay ? The methodology is often be â€Å"going from the general to the specific† as the research must develop a logical structure for accomplishing the objective then, which based on the definition and assumptions. The validity of any theory developed through this process is highly dependent upon the ability of the researcher to correctly identify and relate the various components of the accounting process in a logical manner. Induction is a method of reasoning by which a general law or principle is inferred from observed particular instances. Inductive approach emphasis making observations and drawing conclusions from it and is often be â€Å" going from specific to general, because the research generalizes about the universe on the basis of limited observations of specific situations. The inductivist is to draw theoretical and abstract conclusion from rationalizations of accounting practice. Applied to the accounting, the inductive approach begins with observations about the financial information of business enterprises and proceeds to construct generalizations and principles of accounting from those observations on the basis of recurring relationship. Reading 1. 2 – Accounting theory and development Accounting Theory Construction with Inductive and deductive approach Normative theory vs. Positive theory Normative theory attempts to justify what ought to be, rather than what is. The major criticism of normative theories is that they are based on value judgments. Positive (Descriptive) theories attempt to find relationships that actually exist. Deductive systems are normative and inductive systems attempt to be descriptive. The deductive method is basically a closed, non-empirical system. Theory verification Theory verification or validation is an integral part of theory construction. According to Popper, the testing of deductive theories could be carried out along four lines. There is the testing of the theory by way of empirical applications of conclusion, which can be derived from. This step is necessary to determine how the theory stands up to the demand of practice. If its predictions are acceptable, the theory is said to be verified otherwise, the theory is said to be falsified. Aspects of theories, their construction and verification Figure 2 Distinguishing features Accounting Theory and Development. (2018, Nov 13).

The Microsofts Company Culture Essay Example | Topics and Well Written Essays - 1500 words

The Microsofts Company Culture - Essay Example Business is a monopoly of strategies to start with. In a world advancing with globalization and changing with progressing innovation, constant evaluation and re-designing of policies is a necessity for business survival. Organizational behavior, strategies, decisions, environment and workforce determine the organizational success and its promotion towards progress and advancement. It is thus a necessity to look into the policies of successful companies, to render, adhere and change what’s not working to what’s the best. One such company which has achieved to do this is an American public multinational corporation- The Microsoft Corporation. Microsoft Corporation has efficiently articulated its policies and strategies to remain sustainable in their top position, for almost a decade. With offices in more than 60 countries, Microsoft earns more than US$16.5 billion in operating income with approximately 71,170 employees (Microsoft Corporation Annual Report 2006).Since Microsoft Corporation is an American public multinational corporation, the public is also an asset to it. Microsoft’s Windows operating system is home to over 95% of the world computers (Johnson, Scholes and Whittington, 2008). Microsoft has a global reach in terms of software, operating systems, internet portals etc., all being used by over millions of not only individuals, but by millions of organization and businesses hub. Some of the most widely used and innovative Microsoft products are Windows, Office applications and Microsoft Windows. Microsoft has also also has stepped inside the cable television market with MSNBC as well as MSN Internet Portal. Â  

FP (Iran) V. Secretary of State for the Home Department Case Study

FP (Iran) V. Secretary of State for the Home Department - Case Study Example The brief facts of the case, FP (Iran) V. Secretary of State for the Home Department (2007), is that the Appellant, an asylum seeker, had initially filed an appeal,through counsel, against the Home Office's rejection of her claim for asylumWith the advent of civilisation and the law making process, it has been the endeavour of man to ensure that Rule of Law prevails in all decisions made in disputes. Judges have accepted time and again that just as everybody has certain rights that are subject to prevailing laws, so also all officials upholding the law have a responsibility to ensure that they shall not commit any act without proper justification. Administrative Law is a set of governing principles that form a part of public law that ensures the fair and reasonable implementation of the laws enacted by the Parliament The main principle of Administrative Law is that all actions on the part of the Government must be legal and if it is not then the public must have a remedy against such illegal action (Kuttner, 2007).Prior to discussing the importance of the present case in the development of Administrative Law, it is important to understand the facts of the case. The brief facts of the case, FP (Iran) V. Secretary of State for the Home Department (2007), is that the Appellant, an asylum seeker, had initially filed an appeal, through counsel, against the Home Office's rejection of her claim for asylum, before the Asylum and Immigration Tribunal (henceforth referred to as AIT). The AIT held that the said appeal was not valid giving error of law as the reason for its decision. A rehearing was fixed and notice of the same was sent to the last known address of the Appellant. However, the Appellant having shifted residence did not get the notice and was not present during the hearing. From the perusal of the judgement, it is apparent that the Appellant had had informed her solicitors of this change and they had in turn informed the Home Office. However, neither the app ellant nor her solicitors had informed the AIT. The Judge on finding the Appellant absent went on to hear the appeal on the premise that the notice had indeed been properly served as per the rules. The appeal was dismissed on the grounds that there was discrepancy in the evidence presented by the Appellant, which has not been clarified. The Judge further held that the absence of the Appellant for the rehearing showed a lack of interest in the case and hence could not be upheld. The main question that the Judges in this present case faced was whether the Appellant can be held responsible for the actions or inactions of his or her lawyers. In this case, the Appellant had to pay the price for her lawyer's failure to inform the Asylum and Immigration Tribunal about the change of address, which resulted in the Appellant not being informed about the hearing leading to her absence and ultimately dismissal of appeal. Given this factual background, it is very clear that certain basic principles of law have been violated by the AIT while deciding this case. Rule of law implies that all decisions made by any Court should be fair, efficient and speedy. This concept has been taken in its literal meaning by the AIT even in the arena of rule making without any thought towards the conflict that could arise while implementing the rules. The judgement in the present case deals with the different aspects of administrative law as reflected in this case and how each aspect has been affected and the resulting judgement or opinion of the judges. Analysis and Assessment of Judgement 1.Fairness The first point that the judgement discusses is whether the provisions embodied in the Statute and rules there under are fair or not. According to the judgement, various changes are proposed in the law governing such cases based on the fact that the existing rules and principles are inadequate to fairly deal with such cases. Prior to understanding the