Accounting theories play a vital role in guiding research by providing theoretical frameworks and conceptual lenses through which researchers can analyze accounting phenomena. The agency theory, for instance, assists academics in comprehending the link that exists between principals and agents in corporate governance systems. On the other hand, the positive accounting theory investigates the ways in which the self-interests of managers impact accounting responsibilities. In the context of accounting methods inside companies, institutional theory investigates the ways in which social, cultural, and political elements impact accounting procedures. These theories inform research questions, hypotheses formulation, and empirical analysis by providing theoretical foundations and guiding principles for investigating accounting issues. Researchers are able to gain a more in-depth understanding of complex accounting phenomena and contribute to the progress of accounting knowledge and practice when they include a variety of accounting theories into research frameworks