ACCT 20074: Scientific Revolutions in Accounting: A Review

This report analyzes Thomas Kuhn's theory of scientific revolutions and its application to accounting. It examines how accounting theories develop and undergo paradigm shifts, referencing Kuhn's work and the contributions of Professor Ray J. Chambers. The report reviews literature to discuss the impact of Kuhn's ideas on accounting, including the challenges to conventional accounting concepts and the potential for future revolutionary developments. The research incorporates insights from Richards and Daston's edited volume, as well as Devlin and Bokulich's work on Kuhn's Structure. The assignment addresses how Chambers' work might be critiqued in light of new advancements in accounting and financial reporting.

Running Head: CONTEMPORARY ACCOUNTING
CONTEMPORARY ACCOUNTING
Name of the Student
Name of the University
Author Note

1CONTEMPORARY ACCOUNTING
Table of Contents
Paradigm and Structure of Scientific Revolution.......................................................................2
Reference....................................................................................................................................3

2CONTEMPORARY ACCOUNTING
Paradigm and Structure of the Scientific Revolution
Thomas Kuhn in “structure of the scientific revolution” has presented the
revolutionary approach about how the science functions as well as progresses. In against of
the normal understanding of the science that is the linear build-up of the knowledge, Thomas
Kuhn has attempted for viewing the science as the progressing in the leaps that is from one
paradigm to other. He viewed scientific practice as something, which is conducted by the
community as compare to the set of the individual. In case of the some paradigm, which is
good enough for accounting to the world, as it is being perceived, the normal science
functions by the help of elaborating the knowledge that is within paradigm (Richards &
Daston, 2016). The scientific revolution’s structure of Kuhn has made an attempt for marking
as the postmodern turn in philosophy of the science by the help of knowledge of human
relation to the field of belief as of the objective knowledge (Devlin & Bokulich, 2015).
Hence, under this assignment, the reference has been taken from the book of Richards
and then Dublin. Both of the authors has edited the theory and expressed their views on the
theory. However, from the book of Richards, the portion that has been taken to discuss the
theory in the research paper is “the reception of Kuhn’s Structure”. Moreover, from the book
of Dublin, the portion that has been taken for discussing in this research paper is “Kuhn’s
Structure- A moment in the modern naturalism”. Therefore, the conclusion provided in the
research paper is based on the review given by both the authors and other the secondary
researches.

3CONTEMPORARY ACCOUNTING
Reference
Devlin, W. J., & Bokulich, A. (Eds.). (2015). Kuhn’s Structure of Scientific Revolutions-50
years on (Vol. 311). Springer.
Richards, R. J., & Daston, L. (Eds.). (2016). Kuhn's' Structure of Scientific Revolutions' at
Fifty: Reflections on a Science Classic. University of Chicago Press.