Accounting & Auditing: Interaction in the regulation and research ...

Theories 2
• Theories can be
– normative in the sense of prescriptive: if
your aim is x and the conditions are y, then
you reach your aim by doing z
– positive in the sense of explaining or
reconstructing some aspects of reality
– analytical in the sense of using logic and
giving definitions
W. Ballwieser: Accounting and Auditing 4