Momentum Accounting And Triple-Entry Bookkeeping

Momentum accounting and triple-entry bookkeeping is an accounting system developed by Japanese academic Yuji Ijiri.Yuji Ijiri, Momentum accounting, and triple-entry bookkeeping: exploring the dynamic structure of accounting measurements, Studies in Accounting Research, Vol. 31., American Accounting Association, Sarasota, 1989. It is proposed as an alternative to double-entry bookkeeping, the standard method used in worldwide financial accounting. Referred to as momentum accounting and triple-entry bookkeeping, this system introduces changes to double-entry bookkeeping by focusing on tracking changes in balances, revenue earning, and cash collection. While double-entry records each transaction with two entries (typically a debit and a credit) on a specific date, momentum accounting recognizes changes in balances as key events. For instance, recording an acceleration in revenue—like a $1,000 per period increase from $10,000 to $11,000 in monthly revenue—would, under this system, require three entries to implement.

References

Sources

* Blommaert, A.M.M
"Additional disclosure: triple-entry en momentum accounting: kwaliteitsverbetering van management accountingsystemen door het administreren van winstkrachten en winstsnelheden."
Dissertation, Maastricht University, 1994, .
* Blommaert, A.M.M. (1995). "Additional disclosure triple-entry and momentum accounting." The European Accounting Review, Vol. 4, No. 3, pp. 580–581.
* Blommaert, A.M.M. and Blommaert, J.M.J. (1990), "Drie-dimensionaal boekhouden II: Doeleinden en comptabele implementatie." Maandblad Bedrijfsadministratie en Bedrijfsorganisatie, No. 1116, pp. 46–52 (in Dutch).
* Blommaert, A.M.M. and Blommaert, J.M.J. (1990), "Drie-dimensionaal boekhouden I: Doeleinden en comptabele implementatie." Maandblad Bedrijfsadministratie en Bedrijfsorganisatie, No. 1117, pp. 82–90 (in Dutch).
* Sousa Ferreira, A.C. de, M.O. Morais, M.C. Silva and R.R. do Santaos (2009)
"Integrated analysis in three dimensions: applying for a Brazilian case."
Revista de Informação Contábil, Vol. 3, No. 2, pp. 99–112.
* Fraser, I.A.M. (1993), "Triple-entry bookkeeping: a critique." Accounting and Business Research, Vol. 23, No. 90, pp. 151–158.
* Ijiri, Y. (1993), "Variance analysis and triple-entry bookkeeping." In: Yuji Ijiri (ed.), Creative and innovative approaches to the science of management. The IC2 Management and Management Science Series. Quorum Books, Westport, , pp. 3–25.
* Ijiri, Y. (1988), "Momentum accounting and managerial goals on impulses.’ Management Science, Vol. 34, No. 2, pp. 160–166.
* Ijiri, Y. (1987), "Three postulates of momentum accounting.’ Accounting Horizons, Vol. 1, March, pp. 25–34.
* Ijiri, Y. (1986), "A framework for triple-entry bookkeeping." The Accounting Review, Vol. 61, No. 4, 1986, pp. 745–759.
* Ijiri, Y. (1984), "A reliability comparison of the measurement of wealth, income, and force." The Accounting Review, Vol. 59, No. 1, pp. 52–63.
* Yuji Ijiri, Triple-entry bookkeeping and income momentum, Studies in Accounting Research, Vol. 18., American Accounting Association, Sarasota, 1982.
* Eric Melse
"Momentum Accounting for trends. Relevance, explanatory and predictive power of the framework of triple-entry bookkeeping and momentum accounting of Yuji Ijiri."
VDM Verlag Dr. Müller, 2010, .
* Eric Melse
"Accounting for trends. Relevance, explanatory and predictive power of the framework of triple-entry bookkeeping and momentum accounting of Yuji Ijiri."
Dissertation, Maastricht University, 2008, .
* Melse, E. (2008)
Accounting in three dimensions. A case for momentum revisited.
The Journal of Risk Finance, Vol. 9, No. 4, pp. 334–350
* Melse, E. (2005)
Het verklarend en voorspellend vermogen van Momentum Accounting."
Kwartaalschrift Economie. Tijdschrift voor algemeen- en bedrijfseconomische vraagstukken. Vol. 2, No. 4, 2005, pp. 343–371 (in Dutch).
* Melse, E. (2004)
"Accounting in three dimensions. A case for momentum."
Balance Sheet, Vol. 12, No. 1, pp. 31–36.
* Melse, E. (2004)
"What color is your balance sheet?"
Balance Sheet, Vol. 12, No. 4, 2004, pp. 17–32.
* Wagensveld, J. (1995), "The future of double-entry." Paper, regional conference of the Northern Accounting Group, British Accounting Association, Newcastle, UK, 13-4-1995. Published as: Ribes, Erasmus Universiteit, Rotterdam, 1995, {{ISBN, 90-5086-215-2.
* Tuğrul Bozbey, "Çift Yanlı Kayıt Yönteminin Diferansiyel Temelleri Üzerine Dayanarak İkiden Çok Yanlı Kayıt Tutma Yönteminin Geliştirilmesi" (in Turkish) Dissertation, Selçuk University, 2006, (Dissertation no: 189419) (https://tez.yok.gov.tr/UlusalTezMerkezi/giris.jsp)

Topics

* Melse, E. (2009-10-28)
Triple Entry and Momentum Accounting (TEMA) – Video in Dutch.
Masterclass.
* Melse, E. (2009-10-28)
TEMA analysis of Lehman Brothers – Video in Dutch.
Masterclass.

External links

* Warren Henk
Triple Entry Accounting

Accounting systems
History of accounting