Why narratives in accounting?
Why narratives in accounting?

Summary/Abstract: For years financial and management accounting reports were based primarily on “hard” numbers. Extensive written descriptions and explanations were not common in practice. However, in recent decades there has been a significant shift towards “softer” and more narrative communication in accounting. The purpose of the paper is to identify and describe the determinants of the development of accounting narratives in practice, and to explain why narratives are gaining in importance in the accounting communication. The paper presents the links between accounting and language, and then the development of accounting narratives is described and factors determining the use of narratives are identified and discussed.

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