Matrix-Based Accounting: A Comment
Michael J. Mepham · Accounting and Business Research · 1988
This article develops some of the points made by Leech (1986). Leech's historical survey of matrix accounting is extended by noting De Morgan's (1846) early description of this model. The author agrees that developments in database theory make the matrix model particularly appropriate and a link is suggested to Sorter's (1969) events accounting paradigm. Events accounting requires a new canonical model if its full potential is to be realised. The matrix model could fill this roll by providing a set of windows, giving alternative views of the contents of an events accounting database, and the convenient interface to spreadsheet type financial models which was noted by Leech.