Subject. This article examines the main approaches to the construction of the theory of accounting, namely the inductive and deductive ones. Objectives. The article aims to identify the advantages and disadvantages of each of the approaches, analyze the structure of the theory of accounting in detail, and identify it at the present stage of development of accounting as a science discipline. Methods. For the study, I used combinations of analysis and synthesis, induction and deduction, and historical and logical research methods. Results. The article defines the structure of the theory of accounting that includes the objectives of financial reporting, postulates and theoretical concepts of accounting, as well as the principles and techniques of accounting. Conclusions and Relevance. The article concludes that of the two existing approaches to the construction of the theory of accounting, the inductive approach has a number of significant drawbacks that do not allow building a full-fledged theory of accounting. The deductive approach also has a number of drawbacks associated with understanding the axiomatic basis and the inference rules, but it helps lay the scientific foundations for building a complete and consistent theory of accounting. The results obtained can be used to create the theory of accounting.
Moonitz M. The Basic Postulates of Accounting. New York, American Institute of CPAs, 1961, 61 p.
Littleton A.C. Tests for Principles. The Accounting Review, 1938, March, vol. 13, pp. 16–24.
Paton W.A. Accounting Theory, with Special Reference to the Corporate Enterprise. New York, Ronald Press Co., 1922, 508 p.
Littleton A.C. Structure of Accounting Theory. Iowa City, American Accounting Association, 1953, 234 p.
Chambers R.J. Some Observations on "Structure of Accounting Theory". The Accounting Review, 1956, October, vol. 31, no. 4, pp. 584–592. URL: Link
Chambers R.J. Detail for a Blueprint. The Accounting Review, 1957, October, vol. 32, no. 2, pp. 206–215.
Yu Shih Cheng. The Structure of Accounting Theory. Gainesville, University Presses of Florida, 1976, 319 p.
Riahi-Belkaoui A. Accounting Theory. New York, Dryden Press Harcourt Brace & Company Publishers, 1993, 539 p.
Riahi-Belkaoui A. Accounting Theory. United Kingdom, Business Press, 2000, 516 p.
Hatfield H.R. Accounting: Its Principles and Problems. New York and London, D.Appleton Century Company, 1927, 548 p.
Gilman Stephen. Accounting Concepts of Profit. New York, Ronald Press Co., 1939, 635 p.
Yuji Ijiri. Theory of Accounting Measurement. Sarasota, Fla., American Accounting Association, 1975, 210 p.
Sterling R.R. Theory of the Measurement of Enterprise Income. Lawrence, Kan., University of Kansas Press, 1970, 384 p.
Skinner R.M. Accounting Principles. Toronto, Canadian Institute of Chartered Accountants, 1972, 483 p.
Paton W.A., Littleton A.C. An Introduction to Corporate Accounting Standards: Monograph No. 3. Sarasota, American Accounting Association, 1940, 156 p.
Canning J.B. The Economics of Accountancy: A Critical Analysis of Accounting Theory. New York, Ronald Press Co., 1929, 367 p.
Sweeney H.W. Stabilized Accounting. New York and London, Harper & Brothers, 1936, 223 p.
MacNeal K. Truth in Accounting. Philadelphia, University of Pennsylvania Press, 1939, 334 p.
Sidney A.S. Five Monographs on Business Income. New York, Study Group on Business Income, American Institute of Certified Public Accountants, 1950, 271 p.
Mattessich R. Accounting and Analytical Methods: Measurement and Projection of Income and Wealth in the Micro- and Macro-Economy. Homewood, Richard D. Irwin, Inc., 1964, 552 p.
Edwards E.O., Bell P.W. The Theory and Measurement of Business Income. Los Angeles and Berkeley, University of California Press, 1961, 344 p.
Sprouse R.T., Moonitz M. Tentative Set of Broad Accounting Principles for Business Enterprises. New York, American Institute of CPAs, 1962, 87 p.
Pacioli L. Summa de Arithmetica, geometria, proportioni: et proportionalita... Venice, Paganino de Paganini, 1523, 448 p.
Pacioli L. Traktat o schetakh i zapisyakh [Treatise on the Accounts and Records]. Moscow, Finansy i statistika Publ., Krasnodar, Prosveshchenie-Yug Publ., 2009, 308 p.
Roover R. de. Kak voznikla dvoinaya bukhgalteriya [The Development of Accounting Prior to Luca Pacioli According to the Account Books of Medieval Merchants]. Moscow, Gosfinizdat Publ., 1958, 68 p.
Mill J.S. Sistema logiki sillogisticheskoi i induktivnoi: Izlozhenie printsipov dokazatel'stva v svyazi s metodami nauchnogo issledovaniya [A System of Logic, Ratiocinative and Inductive: Being a Connected View of the Principles of Evidence, and the Methods of Scientific Investigation]. Moscow, LENAND Publ., 2011, 832 p.
Mautz R.K., Sharaf H.A. The Philosophy of Auditing. Sarasota, Fla., American Accounting Association, 1961, 299 p.
Lee T.A. Corporate Audit Theory. London; New York, Chapman & Hall, 1993, 206 p.
Robertson J.C. Auditing. Homewood, Irwin, 1993, 1123 p.
Robertson J. Audit [Auditing]. Moscow, KPMG, Auditorskaya firma Kontakt Publ., 1993, 496 p.
Sokolov Ya.V. [Ten postulates of auditing]. Bukhgalterskii uchet = Accounting, 1993, no. 11, pp. 36-38. (In Russ.)
Sokolov Ya.V. Osnovy teorii bukhgalterskogo ucheta: monografiya [The basics of the accounting theory: a monograph]. Moscow, Finansy i statistika Publ., 2005, 496 p.
Hutchison T.W. The Significance and Basic Postulates of Economic Theory. New York, A.M. Kelley, 1965, 191 p.
Kondakov N.I. Logicheskii slovar' [Logic Dictionary]. Moscow, Nauka Publ., 1971, 656 p.
Kemp P.S. Criteria for the Selection of Accounting Methodology. The Journal of Accountancy, 1970, August, no. 2, pp. 57–61.
Mautz R.K. The Place of Postulates in Accounting. The Journal of Accountancy, 1965, January, no. 1, pp. 46–49.
Givens H.R. Basic Accounting Postulates. The Accounting Review, 1966, July, vol. 41, no. 3, pp. 458–463.
Nachala Evklida. Knigi I–IV [Euclid's Elements: Books 1–4]. Moscow–Leningrad, OGIZ Gosudarstvennoe izdatel'stvo tekhniko-teoreticheskoi literatury Publ., 1948, 447 p.
Byrne G.R. To What Extent Can the Practice of Accounting Be Reduced to Rules and Standards? The Journal of Accountancy, 1937, vol. 64, iss. 5, Article 6, pp. 364–379. URL: Link
Solomons D. The Politicization of Accounting. The Journal of Accountancy, 1978, November, vol. 146, no. 5, pp. 65–72.
Horngren Ch.T. The Marketing of Accounting Standards. The Journal of Accountancy, 1973, October, vol. 136, iss. 4, pp. 61–66. URL: Link
Gerboth D.L. Research, Intuition, and Politics in Accounting Inquiry. The Accounting Review, 1973, July, vol. 48, iss. 3, pp. 475–482. URL: Link