Critique and an Extension of Nohora García’s Understanding Mattessich and Ijiri: A Study of Accounting Thought

Abstract

Several efforts have been made towards basing the practices of corporate accounting on reasoning. This article critiques Understanding Mattessich and Ijiri: A Study of Accounting Thought to expand some of the topics currently relevant to the accounting discourse. The following two claims may be needed for further clarification. Mattessich"s and Ijiri"s presuppositions towards reality actually contribute to reality, as each one of them perceived it as an objective construct, but this idea is challenged in this article. In conceptualizing the practice of accounting, Mattessich may not explain how corporate accounting is perceived. A suitable extension of the book"s topic is thus discussing positive accounting research, elitism in accounting research. More sources on the topics of "accounting sociology" by applying the theory of elitism, "positive accounting research", and "citation analysis" are provided as well. Reading the book may be deemed for accounting researchers trained in the positive traditions as a voyage in "the land of wonder," but is nonetheless thought-provoking.

The Dilemma: Push-Down Accounting and the Conceptual Framework of Financial Accounting: A Case of Contradictions between Relevance and Reliability

“…the Gulf Cooperation Council Accounting and Auditing Organization (GCCAAO) [11] and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) 4 [12]. A verbatim adoption of the Conceptual Framework may not meet the needs of the societies and users that was intended to serve.…”

Accounting as a sustainable crafted technology for human exchange activities with nature: A defense of accounting continuity

“…REA can be converted with blockchain and triple-entry bookkeeping (Ibañez et al, 2020). While double-entry bookkeeping depends on artificial accounts (Chatfield, 1977;Al-Adeem, 2019c;2022a), REA does not. The accounting function may be altered or modified, but it will consistently account for resources.…”

“…A sustainable report covers the non-financial facts (Man & Bogeanu-Popa, 2020: 13) that a financial accounting theory needs to include. However, none of the proposed financial accounting theories has been universally accepted (Al-Adeem, 2017;2019a;2019c;2019d;2021a;Al-Adeem & Fogarty, 2010;Al-Hazzani & Al-Adeem, 2020Beaver, 2002Belkaoui, 2004;Brearey & Al-Adeem, 2019;Chatfield, 1977;Coetsee, 2010;Gaffikin, 1987;García, 2017;King, 2006;Ijiri, 1967;Lee, 2009;SATTA, 1977), nor has any completely encompassed the corporate financial and non-financial dimensions of the economic and social realities of the corporation, its impact on society, and how it is impacted by society, which the classical accounting measurement model fails to value.…”

Understanding Professor Ross Watts by Applying Kuhnian Interpretation of Science Progress

“…Accounting research experienced a tradeoff between the two types (Al-Adeem [3]) creating a demand for a theoretical ground. Such a demand has been moved because to date, accounting has not developed its own theory [1][2][3]9,10,22,23,29,37,[42][43][44][45][46][47][48][49][50][51][52][53][54][55][56][57]. Virtually, a paradigm shift indicates a development in a science (Kuhn 1996).…”

“…Probably, this is a potential cause for the failure of positive accounting methodology. Several accounting writers worldwide condemned it [1,3,13,15,16,19,20,22,28,44,45,[58][59][60]. Accounting is much more than that.…”