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Why would it not be appropriate to reject a normative theory of accounting because its prescriptions...

Why would it not be appropriate to reject a normative theory of accounting because its prescriptions could not be confirmed through empirical observation?
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conceptual framework of accounting is an example of a normative theory of accounting.Relying on various assumptions about the types or attributes of information useful fordecision making, The CFA provides guidance on how assets, liabilities, expenses, income andequity should be defined, when they should be recognized, and ultimately how they shouldbe measured.

Normative theories of accounting are the theories which are not necessarily based onobservation and therefore cannot (or should not) be evaluated on whether they reflectactual accounting practice because different people has different view and that’s whatnormative theories include. It includes different perspective of different people; it can becriticized but cannot be rejected.Word count

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