TOPIC 1: Positive accounting theory, accounting homework help – termpaperbuddy.com | Instant Assignment Help

Business Finance – – termpaperbuddy.com | Instant Assignment Help

TOPIC 1: Positive accounting theory, accounting homework help – termpaperbuddy.com | Instant Assignment Help

“Explain the difference between (PAT) and normative accounting theory (NAT) and the factors that led to the development of PAT of accounting policy choice. Use examples where appropriate to do so.In setting accounting standards which of these accounting theories (positive or normative) would be applied? Explain your answer clearly giving reasons for your choice

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