Auditing: Perspectives from Multiperson Decision Theory.
STANFORD UNIV CA INST FOR MATHEMATICAL STUDIES IN THE SOCIAL SCIENCES
Pagination or Media Count:
This paper reports a laymans speculations on what appear to be fruitful directions for research in accounting theory. I have been invited to use the perspective from my research in multiperson decision theory to see whether it throws any light on the problems you view as important. I have selected three issues on which to comment. The first, is the role of reputations. The second issue concerns the strategic factors that influence the choices of what kinds and how information is revealed in financial statements. The third issue, is the role of accounting conventions and generally accepted principles in establishing a language or code that enables users to interpret financial statements.
- Administration and Management