From the early 1970s, accounting theory become more involved in…

From the early 1970s, accounting theory become more involved in… From the early 1970s, accounting theory become more involved in empirical or positive theory development and testing. Positive accounting theorists concentrate on understanding the assumptions that normative theorists take for granted (Godfrey et al.,2010).   Required: (i) Distinguish between normative accounting theory and positive accounting theory   Own Writting NOT COPIES PASTE FROM GOOGLE. Accounting Business Financial Accounting ECON 103