An Axiomatic Theory of Accounting Measurement Structures
Version 2 2025-01-15, 01:00Version 2 2025-01-15, 01:00
Version 1 2023-05-18, 10:13Version 1 2023-05-18, 10:13
journal contribution
posted on 2025-01-15, 01:00authored byRJ Willett
This paper presents an axiomatic theory of accounting practice which describes accounting concepts in terms of sets. The theory provides a framework within which to understand the significance of accounting measurements for the probabilistic analysis of economic processes.