The accounting equation & claims on assets value change

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Scopus citations

Abstract

The purpose of the study is to analyze the accounting equation and develop a new model, based on the dual concept of monetary units and the structure of assets and claims on assets. The analysis uses the identity and characteristic functions along with a coordinate transformation, to show that the assets-claims on assets relationship involves a change in claims on assets value. The identity function represents the dual concept of the monetary units and the characteristic function relates both sides of the accounting equation. A different number of dimensions arise on each side of the equation, and a coordinate transformation is applied to have both sides of the equation with two dimensions. This transformation results in a change in the value of claims on assets. Finally, a computation using a probability density function or kernel is proposed to allow approaching the coefficients of the new model. Results show that the accounting equation consists of a series of addition functions to sum up all the monetary units and that a new model with a probability density function can help in the analysis of the assetsclaims on assets relationship.

Translated title of the contributionLa ecuación contable y los créditos sobre el valor de los activos cambian
Original languageEnglish (US)
Title of host publicationProceedings - 2016 3rd International Conference on Mathematics and Computers in Sciences and in Industry, MCSI 2016
Place of PublicationCanadá
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages246-251
Number of pages6
Volume1
Edition1
ISBN (Electronic)9781509009732
DOIs
StatePublished - Jan 11 2017
Event3rd International Conference on Mathematics and Computers in Sciences and in Industry, MCSI 2016 - Chania, Greece
Duration: Aug 27 2016Aug 29 2016

Conference

Conference3rd International Conference on Mathematics and Computers in Sciences and in Industry, MCSI 2016
CountryGreece
CityChania
Period8/27/168/29/16

All Science Journal Classification (ASJC) codes

  • Management Information Systems
  • Computer Networks and Communications
  • Computer Science Applications
  • Computer Vision and Pattern Recognition
  • Hardware and Architecture
  • Control and Systems Engineering
  • Control and Optimization
  • Modeling and Simulation

Fingerprint Dive into the research topics of 'The accounting equation & claims on assets value change'. Together they form a unique fingerprint.

Cite this