Chaos Theory and Financial Statements

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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.
Original languageEnglish
Title of host publicationChaos Theory:
Subtitle of host publicationOrigins, Applications and Limitations
PublisherNova Science Publishers
Pages1-19
Number of pages20
Volume1
Edition1
ISBN (Print)978-1-53610-337-3
StatePublished - Oct 1 2016

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