The Accounting Equation

Today's accounting practice is primitive in its use of modern mathematics. It has the potential to greatly expand its horizons by easily...

  In the matrix version of the Balance Sheet, shown below and in the previous post, all of the credits cancel out all of the debits, bringi...

  The matrix below is the accounting balance sheet of the future. It is a two-dimensional table like those found in the linear algebra bra...

The accounting profession has lost sight of the true nature of double-entry bookkeeping and this gravely limits the analytical power of to...

The accounting journal is nothing more than a simple data warehouse. The direction of the transfer or resources in a transaction (from a cre...

To fully appreciate the elegance of double-entry accounting, one needs to realize that each set of double entries defines an economic vecto...

I want to thank Irus, who added a comment to an earlier post, for the use of the term "vector" to describe the approach that I am ...