Financial Accounting Theory, Third Edition

Rating:
Summary: A must-read for junior accounting doctoral students!
Review: Before reading any classical texts from Watts & Zimmerman and Beaver, I think any junior accounting doctoral sdudents should read this book!
Excellent introductory book for anyone who wants to do capital market research in the future!

Strongly recommend!

Rating:
Summary: A Research Book
Review: Professor Scott explains financial accounting theory drawn from recent research. He provides a clear, easy-to-use framewaork for students to 1) place this theory in a financial accounting context,2) explain and analyze the theory intuitvely and 3) reveal the theory's relevance in understanding the practice of accounting. Similar good textbooks in this field includes Positive Accouning Theory by Watts & Zimmerman, Financial Reporting: A Accounting Revolution by Beaver and An Introduction to Aplied Professional Research for Accountants by Ziebart.