Matrix-Based Accounting: A Comment

Mepham, Michael J.

doi:10.1080/00014788.1988.9729385

Cited by 12 publications

(3 citation statements)

References 3 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Mattessich (1957) proposed a generalisation of Leontief 's model, noting that not only the inter-industrial flows of input-output analysis could be represented by a square matrix, but also any accounting transaction. In an attempt to avoid limitations of conventional accounting, a segment of the business accounting literature proposed the implementation of matrix-based accounting (Babad & Balanchandran, 1989;Bueno Campos, 1970Churruca-Arrizabalaga, 1981;Farag, 1968;García-García, 1972;Hicks, 1960;Hughes, 2016;Ijiri, 1965;Leech, 1986;Livingstone, 1969;Mattessich, 1956Mattessich, , 1957Mattessich, , 1958Mattessich & Galassi, 2000;Mephan, 1988;Pinilla-Monclus, 1975;Richards, 1960;Staubus, 1971).…”

Section: Literature Reviewmentioning

confidence: 99%

The business accounting matrix: a proposal with an application

Manrique-de-Lara-Peñate

Mayor

2022

Economic Systems Research

View full text Add to dashboard Cite

National accounting matrices (NAM) perfectly describe the economic structure of a national economy, summarising the whole process of generation of primary income and its distribution among the different institutional sectors of the economy. It is not just a way to represent the main economic statistics of an economy but it also serves as the basis for most macroeconomic modelling efforts. The business accounting matrix (BAM) presents the most relevant information for the firm in a similar way, adapted to the descriptive potential of financial accounting, what we believe can be useful both for economic modellers and for decision makers at the firm level. Our intention is not to convince business administrators to change their accounting paradigm but to help analysts and researchers to obtain a comprehensive description of the activity of a firm aligned to well recognised economic statistical standards.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

The business accounting matrix: a proposal with an application

Manrique-de-Lara-Peñate

Mayor

2022

Economic Systems Research

View full text Add to dashboard Cite

show abstract

“…Over several decades, the authors have been making attempts to apply different mathematical approaches to accounting modeling (see, for example, [2,[8][9][10][11][12][13][14][15][16][17][18][19]). Most of these papers are devoted to applying matrix algebra to accounting and linking accounting practice with the matrix algebra approach.…”

Section: Literature Reviewmentioning

confidence: 99%

“…A situational-matrix approach served as an alternative language for accounting during the process of its technological transition [16,[20][21][22][23][24][25][26][27].…”

Section: Literature Reviewmentioning

confidence: 99%

Accounting Games: Using Matrix Algebra in Creating the Accounting Models

Vysotskaya

2018

Mathematics

View full text Add to dashboard Cite

The aim of this paper is to show the mathematical basis for a precise treatment of double-entry bookkeeping, which was first developed in the nineteenth century by Sir William Rowan Hamilton. This is done by using basic notions of matrix algebra founded on the idea of ordered pairs. We also reveal how complex numbers and rationals (fractions) developed in mainstream accounting science and became a leading platform for the ongoing processes within Industry 4.0. The paper concludes with examples of how accounting operations can be represented by matrix equations with the result of generating a final report. The author presents a mathematical model of accounting which is independent of specific existential forms, but which is capable of undertaking the form of any of them and thus which has the potential of being understood and accepted by specialists globally.

show abstract

Professor michael Mepham's contribution to accounting research: A review essay

Kedslie

Leech

1992

The British Accounting Review

View full text Add to dashboard Cite

Matrix-Based Accounting: A Comment

Cited by 12 publications

References 3 publications

The business accounting matrix: a proposal with an application

The business accounting matrix: a proposal with an application

Accounting Games: Using Matrix Algebra in Creating the Accounting Models

Professor michael Mepham's contribution to accounting research: A review essay

Contact Info

Product

Resources

About