Study of the Financial Accounting Standards Board. It attempts to arrive at theoretical foundations for its Statements of Financial Accounting Standards. At this time, there are six Statements of Financial Accounting Concepts.
| Accounting Dictionary: Conceptual Framework |
Study of the Financial Accounting Standards Board. It attempts to arrive at theoretical foundations for its Statements of Financial Accounting Standards. At this time, there are six Statements of Financial Accounting Concepts.
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| Wikipedia: Conceptual framework |
A conceptual framework is used in research to outline possible courses of action or to present a preferred approach to an idea or thought. For example, the philosopher Isaiah Berlin used the 'hedgehogs' versus 'foxes' approach;[1] a 'hedgehog' might approach the world in terms of a single organizing principle; a 'fox' might pursue multiple conflicting goals simultaneously. Alternatively, an empiricist might approach a subject by direct examination, whereas an intuitionist might simply intuit what's next.[2]
Conceptual frameworks (theoretical frameworks) are a type of intermediate theory that attempt to connect to all aspects of inquiry (e.g., problem definition, purpose, literature review, methodology, data collection and analysis). Conceptual frameworks can act like maps that give coherence to empirical inquiry. Because conceptual frameworks are potentially so close to empirical inquiry, they take different forms depending upon the research question or problem.
Several types of conceptual frameworks have been identified[3][4], such as
These are linked to particular research purposes such as[5]:
Proponents claim that when purpose and framework are aligned other aspects of empirical research such as methodological choices and statistical techniques become simpler to identify.
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