“…But at the same time, accounting is said to be unbearably imprisoned with ( both technical and conceptual ambiguities and inadequacies e.g. Boland & Pondy, 1983;March, 1987;Hopwood, 1990;Power, 1992;Ezzamel, ) 1994;Carruthers, 1995;Miller, 1996;McSweeney, 1997 . Not only does ( ) ambiguity surround the term '' value' ' Tinker, 1985 but there is also lack of ''any coherent and durable technical definitions of assets, liabilities, profit, loss, revenue, function of the balance sheet, audit, auditor ( ) independence and other basics' ' Mitchell & Sikka, 1993, p. 49 .…”