## Abstract

The purpose of this chapter is to show some applications of chaos

theory to financial statements. Although chaos theory has been used in

several financial topics, it is not usually involved with financial

statements, which seem to remain impervious to it. To describe the

analytical possibilities that chaos theory has in financial statements, a

description of some features of chaos theory and their interest with regard

to financial statements is made. Next, the application of chaos theory in a

specific topic, such as the analysis of the accounting equation is

presented. In addition, explanations of the possibilities of chaos theory in

analyzing financial statements accounts and ratios, using several models

of chaos theory, are provided. Finally the use of recurrence analysis is

described to provide different perspectives on financial statements

information. The intention is to create an interest in viewing financial

statements as a complex information system.

theory to financial statements. Although chaos theory has been used in

several financial topics, it is not usually involved with financial

statements, which seem to remain impervious to it. To describe the

analytical possibilities that chaos theory has in financial statements, a

description of some features of chaos theory and their interest with regard

to financial statements is made. Next, the application of chaos theory in a

specific topic, such as the analysis of the accounting equation is

presented. In addition, explanations of the possibilities of chaos theory in

analyzing financial statements accounts and ratios, using several models

of chaos theory, are provided. Finally the use of recurrence analysis is

described to provide different perspectives on financial statements

information. The intention is to create an interest in viewing financial

statements as a complex information system.

Original language | English |
---|---|

Title of host publication | Chaos Theory: |

Subtitle of host publication | Origins, Applications and Limitations |

Publisher | Nova Science Publishers |

Pages | 1-19 |

Number of pages | 20 |

Volume | 1 |

Edition | 1 |

ISBN (Print) | 978-1-53610-337-3 |

State | Published - Oct 1 2016 |