16:454 Accounting Theory [Gillander]

Prerequisite: 16:254.

This course is concerned with the models, hypotheses, and concepts that together form the foundation for financial accounting practice. This course places emphasis on accounting history, to gain an understanding of how we arrived at current practice, the social, political, and economic influences on accounting standard setting, and current financial accounting practices.

3 lecture hours per week, one term.

Instructor: Heather Gillander