Methodological Foundations of Central Rulemaking for Corporate Financial Reporting

The essence of a rulemaking approach to corporate financial reporting is that there is a rulemaker (or rulemaking body), delegated to make judgments about the desirability of financial reporting practices. The purpose of this study is to provide the basic elements of a methodological theory of the process of financial reporting rulemaking. Methodology is understood to be the study of the logic of rational inquiry. Financial reporting rulemakers are regarded here as decisionmakers, trying to decide rationally which, among a set of alternative rules, is best, and should therefore be promulgated. The method used in this study is called "codification." Codification involves the development of an account of, or theory of, some aspect of actual human behavior, which is (in one sense) a description of actual practices, and yet, at the same time, holds such behavior up to a critical standard.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Accountancy

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2014

Author dc:creator

• Gaa, James Clyde

• Business Administration, Accounting

Identifier

(UMI)AAI8302862

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/71370