Regarding finance, or financial matters, a man is always extra cautious and so, he never makes any financial transaction without any reason. As accounting deals with financial transactions, so every accounting work is also based on reasoning.Cognitive learning theory in the classroom accounting theories always try to explain with reason, the logic underlying a particular practice. Generally accepted accounting principles cannot be changed completely as they are widely and universally accepted but they can be reformed and remoduled to suit the needs of any changed society or economy.Cognitive learning theory in the classroom accounting theories point out to the scientific ways of thinking for the solution of any real world accounting problem.

To be absolutely able to solve any real world accounting problem, an accountant should have sufficient practical experience aided by adequate theoretical knowledge.Cognitive learning theory in the classroom generally accepted accounting principles, widely used customs, conventions, doctrines, procedures and postulates constitute accounting theories.Cognitive learning theory in the classroom thus, a logical and confirmed hypothesis, accepted a general by all, may be called accounting theory. As all other theories are based on sound and solid reasoning.Cognitive learning theory in the classroom accounting theories are similarly based on sound reasoning.

Accounting theory and accounting practices are absolutely closely related. They are so close, as it is very difficult to make them separate.Cognitive learning theory in the classroom accounting theories have developed through observation, analysis, explanation, scrutiny and scanning of the day-to-day accounting practices.Cognitive learning theory in the classroom again on the other hand, the day-to-day accounting practices are performed by successful application of those established and generally accepted theories and principles.Cognitive learning theory in the classroom as due to changes in the economy, the society changes, similarly, due changes in the socio-economic structure in any country, the pattern of accounting practices may also change.Cognitive learning theory in the classroom if there is any change in the accounting pattern, the pertinent theories also need necessary modification and modulation. So then, theories also ought to be changed.Cognitive learning theory in the classroom so, the relations between the two are compensatory and not competitive. There cannot be any practice without the proper theoretical knowledge.Cognitive learning theory in the classroom again, theories emerge out of constant observation, analysis, examination of the theoretical problems and procedures. So, one cannot even exist without the order.Cognitive learning theory in the classroom theories are considered to be the pillars on which the whole structure of accounting stands. If the accountant is to perform his work of accounting successfully and skillfully, he will have to equip himself with complete and full theoretical knowledge.Cognitive learning theory in the classroom one cannot even think of practicing accounting without being properly equipped with theoretical knowledge. Not only that, theories also help the accountant in solving real world accounting problems which may crop up during the practice of accounting.Cognitive learning theory in the classroom so, accounting theory and accounting practices are very closely related-so close as not to be separated.

No one can deny now-a-days the usefulness of having theoretical knowledge in the practice of accounting.Cognitive learning theory in the classroom needless to state that a man knowing theories is much better than a man who does not know those. Even if an ordinary man can be imparted with proper theoretical knowledge and practical training, it is sure that he will turn out to be a good accountant.Cognitive learning theory in the classroom so, during the present days, one cannot do any theoretical knowledge of accounting. It is essential now.

As a man without language turns out to be somewhat useless or as a mute man cannot be understood clearly, so also, a business without the accounts of its activities becomes meaningless.Cognitive learning theory in the classroom A language is the representative of the progress of the people of that language –group. A developed language reflects a developed society.Socio-economic progress has always depended on its linguistic advancement.Cognitive learning theory in the classroom in other words, human culture and economic activities have always been depending on language and literature for their nourishment and advancement as well.Cognitive learning theory in the classroom

A business unit also has got its own language in which it expresses the results of its activities and that language in “accounting” with the help of this language, i.E., accounting, it prepares its future plans, programmes and projects.Cognitive learning theory in the classroom the language of the business, i.E., accounting is always effectively used for analytical consideration of the present activities and for reporting the results to various interested persons as well.Cognitive learning theory in the classroom

As the language of the sun is no sunrays, as that of a flower is its fragrance, and as the same of a thunderbolt is its lightning, so also the language of a business is accounting.Cognitive learning theory in the classroom as a human being expresses thoughts through language, so the results of the activities of a business are expressed through accounting in the form of final accounts with reports and statements.Cognitive learning theory in the classroom the success or failure, the profits or losses and the daily activities or transactions of a business get life when they are transformed and translated into accounts.Cognitive learning theory in the classroom

Accounting, the language of the business, helps us to know its profitability or profit earning capacity. Not only this, the language of accounting also expresses the financial stability, strength of the capital structure and the inner worth or the real net worth of the business.Cognitive learning theory in the classroom the future prospects of a concern also can be clearly known from the published accounts. In fact, all the interested persons in a society, like debtors, creditors, investors, money-lenders, bankers, governments, tax-collectors, economists, researchers, etc., can go through the activities of a business with the help of its languages, i.E., accounting.Cognitive learning theory in the classroom one can thus have a complete, true and fair view of the business through the language the language of accounting.

Regarding finance, or financial matters, a man is always extra cautious and so, he never makes any financial transaction without any reason.Cognitive learning theory in the classroom as accounting deals with financial transactions, so every accounting work is also based on reasoning. Accounting theories always try to explain with reason, the logic underlying a particular practice.Cognitive learning theory in the classroom generally accepted accounting principles cannot be changed completely as they are widely and universally accepted but they can be reformed and remoduled to suit the needs of any changed society or economy.Cognitive learning theory in the classroom accounting theories point out to the scientific ways of thinking for the solution of any real world accounting problem.

To be absolutely able to solve any real world accounting problem, an accountant should have sufficient practical experience aided by adequate theoretical knowledge.Cognitive learning theory in the classroom generally accepted accounting principles, widely used customs, conventions, doctrines, procedures and postulates constitute accounting theories.Cognitive learning theory in the classroom thus, a logical and confirmed hypothesis, accepted a general by all, may be called accounting theory. As all other theories are based on sound and solid reasoning.Cognitive learning theory in the classroom accounting theories are similarly based on sound reasoning.

Accounting theory and accounting practices are absolutely closely related. They are so close, as it is very difficult to make them separate.Cognitive learning theory in the classroom accounting theories have developed through observation, analysis, explanation, scrutiny and scanning of the day-to-day accounting practices.Cognitive learning theory in the classroom again on the other hand, the day-to-day accounting practices are performed by successful application of those established and generally accepted theories and principles.Cognitive learning theory in the classroom as due to changes in the economy, the society changes, similarly, due changes in the socio-economic structure in any country, the pattern of accounting practices may also change.Cognitive learning theory in the classroom if there is any change in the accounting pattern, the pertinent theories also need necessary modification and modulation. So then, theories also ought to be changed.Cognitive learning theory in the classroom so, the relations between the two are compensatory and not competitive. There cannot be any practice without the proper theoretical knowledge.Cognitive learning theory in the classroom again, theories emerge out of constant observation, analysis, examination of the theoretical problems and procedures. So, one cannot even exist without the order.Cognitive learning theory in the classroom theories are considered to be the pillars on which the whole structure of accounting stands. If the accountant is to perform his work of accounting successfully and skillfully, he will have to equip himself with complete and full theoretical knowledge.Cognitive learning theory in the classroom one cannot even think of practicing accounting without being properly equipped with theoretical knowledge. Not only that, theories also help the accountant in solving real world accounting problems which may crop up during the practice of accounting.Cognitive learning theory in the classroom so, accounting theory and accounting practices are very closely related-so close as not to be separated.

Whether accounting can be considered as a science is a debatable question.Cognitive learning theory in the classroom science is a discipline subject which is based on physical activities or matter or materialistic changes. Science always consists of some generally accepted and well established principles.Cognitive learning theory in the classroom the principles may be modified as and when required but then also, a distinct and definite proposition and logical explanation ending in a conclusive proof is necessary.Cognitive learning theory in the classroom but a subject of arts is never, like that. Here one has mix-up his imagination with practical reality. Thus a combination of reality and imagination constitutes a subject of arts.Cognitive learning theory in the classroom in that case some practical events from reality are chosen and with those practical events imagination is mixed and mingled in such a manner so as to be represented as a new novel subject.Cognitive learning theory in the classroom so in such a case there is always a possibility of a distinct contrast with real world events or problems.

Accounting is systematic method of summering, classification, condensation and recording of day to day transactions.Cognitive learning theory in the classroom it also calculates the profits or loss of a business unit during a certain period. So we see there is a systematic and well conceived of conceptual frame work.Cognitive learning theory in the classroom this frame work has to get a practical relation with the applied portion of accounting or practical accounting .As a result of these, some standards have been evolved and set forth by different authorities in the whole world for the doubt that accounting by the accountants.Cognitive learning theory in the classroom so there is no doubt that accounting has originated from the real world problems, rather financial problems accounting is mostly concerned with business transactions.Cognitive learning theory in the classroom accounting principles and postulates are based on sound reasoning. These have developed out of practical usage, customs and conventions. So these principles have originated out of real experience.Cognitive learning theory in the classroom for these reasons accounting can be said to be a science. But it should be remembered that it is not a pure science or a complete science because, like general science or natural science, the principles of accounting are not always all-proof.Cognitive learning theory in the classroom however, that accounting is a behavioral science is beyond question.