TY - GEN
T1 - The accounting equation & claims on assets value change
AU - Juárez, Fernando
N1 - Publisher Copyright:
©2016 IEEE.
PY - 2017/1/11
Y1 - 2017/1/11
N2 - 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.
AB - 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.
UR - https://www.scopus.com/pages/publications/85014300588
UR - https://www.scopus.com/pages/publications/85014300588#tab=citedBy
U2 - 10.1109/MCSI.2016.52
DO - 10.1109/MCSI.2016.52
M3 - Conference contribution
AN - SCOPUS:85014300588
T3 - Proceedings - 2016 3rd International Conference on Mathematics and Computers in Sciences and in Industry, MCSI 2016
SP - 246
EP - 251
BT - Proceedings - 2016 3rd International Conference on Mathematics and Computers in Sciences and in Industry, MCSI 2016
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 3rd International Conference on Mathematics and Computers in Sciences and in Industry, MCSI 2016
Y2 - 27 August 2016 through 29 August 2016
ER -