Institutional theory
Institutional theory is an accounting system whereby the functional and regulatory objectives and tools or mechanism stands from a functional economic structure to a contemporary economic reform. It discusses or it involves the engineering dynamics of accounting, classification, the various phrases of accounting, inner activities, problem solving, decision making and active prevention methodologies from accounting imperialism. Institutional Theory in Accounting is the actual practice of information technology into accounting practice that determines the core allocation of data and records of numerology that undermines the whole functionality of accounting regulatory process.
The main problem that lies with the theory of accounting and the practice is of irrationality, misquotation and missing information in the reports, analysis and research provided by …
