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Studying is not a waste of time considering the important of theories

Firstly, the accounting theory is a basic foundation for accounting practices.

Secondly, accounting theory provide the idea to solve the issue regarding the complicated issues.

Lastly, accounting theory involves human activities which is important in business setting.

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Discuss where it is best to learn about theoretical matters

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Studying accounting theory is not waste of time. Consider the importance of theory to the workplace and discuss where it is best to learn about theoretical matters.

We agree that studying accounting theory is not a waste of time:

Full and comprehensive understanding of the accounting theory will reduce the level of bias or misunderstanding on the decisions.

Theory could work as a standard that every accountant will follow it. Also, it saves time for them to conduct their job.

Learning the theories will improve the ability to have critical thinking and will get you stand out from other accountants.

There are two ways to learn the theories:

Depending on the types of theories;

Prescriptive theory

E.g. working experience from workplace

Normative theory

E.g. AASB

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Studying accounting theories is not a waste of time.

Firstly, the accounting theory is a fundamental theoretical framework for accounting practices.

Secondly, accounting theories can provide accountants some supporting ideas to tackle with those complicated problems.

Thirdly, although technologies are constantly changing, grasping the theories of accounting will not be affected by different technology eras.

Furthermore, accounting theories enable accountant to cope with accounting problems more logically.

The accounting standards and accounting handbook are both essential when applying the normative theories. The real accounting cases and experiences are remarkable for leaning positive theories.  University is a good place to further research and learn about the normative theories and positive theories.

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Dongyu -hotpot-swimming
Amber-  hotpot-shopping
Jiana-    hotpot-tennis
Anna-    hotpot-shopping
Param- curry-badminton
Dan-      hotpot-sleeping
Sam-     hotpot-dancing
Melody-hotpot-table tennis

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Owen-- Meatlovers---Online selling
Gary---Banana---Online shopping
Ivana---Strawberry----- Swimming
Yang---Ice Cream-----Skating
Divya---Blueberry--------Badminton
Jing---Cherry----- Walking

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Suhaib - Pizza - Soccer
Ann - Pizza - Swimming
Hao - Apple  - Tennis
Ella - Ice Cream - Yoga
Ciara - Tacos - Running
Lucy - Mooncake - Swimming
Cloris - Jelly - Swimming
Vidhi - Cake - Badminton

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Gina - Salad - Watching TV
Mona - Mango - Bedminton
Sanjay - Apple - Soccer
Josa - Chilly - Playing
Daniel - Lemon - Walking
Tina - Strawberry - Skating

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Jeff-Blueberry-running
Oliver-Apple-Running
Wade-Noodle-Sleeping
Abby-Cherry-running
Aaron-beef-running
Willa-Smoked Salmon-Swimming
Fairy-Fruits-Swimming

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Yes, we agree with the statement, we do not think learning accounting theory is the waste of time.  Theories help us to understand about accounting.
1. Accounting is like a language for all accountants.
2. Accounting practice is the best place to learn accounting theory.
3. One role like account receivable should understand the whole process. This will help they perform the job harmony.
4. Understand theory will help accountant regulate themselves and perform their job legally.

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Welcome to ACCT 50 15 - Contemporary Issues in Accounting M

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Welcome to ACCT 50 15 - Contemporary Issues in Accounting M

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Rochelle - Salad -Tennis
Ceying-Hotpot-Tennis &Swimming
Yan-Hotpot-Swimming
Stella-Swimming-Apple
Sukhpreet- Banana- Tennis
Kaite-Film-Banana