TABL E 2.4 interpretive accounting research
A. Beliefs about knowledge
Theory is used to provide explanations of human intentions. Its adequacy is assessed via logical consistency, subjective interpretation, and agreement with the actors' common-sense interpretations.
B. Beliefs about physical and social reality
Realty is socially created and objectified through human interaction. Human action is intentional and has meaning grounded in the social and historical context. Social order is assumed and conflict mediated through shared meanings
C. Relationship between accounting theory and practice
Accounting theory seeks to explain action and to understand how social order is produced reproduced.