Why should accounting science be more normative?
Why should accounting science be more normative?

Summary/Abstract: Faced with the economic problems vexing the world in recent years, we have witnessed an increased number of voices pointing to the need to redirect economics towards values. In relation to economics as a science, it means a shift towards a normative approach. The author supports this view and encourages the adoption of the normative approach in the area of accounting. The aim of the article is to point out the need to apply the normative approach in accounting to a greater extent than before, to present the benefits resulting from the approach and to indicate several vital problems that normative accounting could contribute to solving.

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