Axioms and Structures of Conventional Accounting Measurement

Yuji Ijiri
2018 Accounting, Economics, and Law ? A Convivium  
This paper probes into the foundations of conventional accounting measurements in order to construct a relatively simple axiom system on which a purely mathematical measurement system can be erected and thus provide a consistent basis for examining pertinent aspects of conventional accounting practices. [...] We take conventional accounting measurement as given rather than, ab initio, seeking to prescribe what we think accounting measurement should be. [...] Our attempt has been directed toward
more » ... approximating conventional accounting by a relatively simple set of axioms and measurement rules, in the same manner that scientists in physics or chemistry have tried to develop a relatively simple set of concepts and theories in order to explain, in satisfactory degrees of approximation, complicated phenomena in this world.
doi:10.1515/ael-2017-0057 fatcat:jgf7aat6zjdzbilfzerur2udjy