The Nature of Accounting Regulation

1.Introduction 2.The Nature of Modern Accounting Practice 3.The Role of Theory and of Conceptual Frameworks in Standard Setting 4.Kinds of Rules in Accounting Standards 5.The Nature and Role of Explanatory Guidance in Accounting Standards 6.he Nature and Role of Objectives in Accounting Standards 7.The Anatomy of Accounting Standards 8.Implications for Standard Setters