Chapter 1: Introduction of the accounting and finance theory

Abstract

In the Chapter One in this book, it provides an exposition introduction of accounting and finance theories in the business organization. The discussion was continued on the Chapter Two with an explanation of the history and development in accounting theory itself. Meanwhile, for Chapter Three it has discussed two an approach to the formulation and verification of an accounting theory. It has explained the formulation and verification of accounting theory in the real business activities, (Chen & Lin, 2021).