SOME DEVELOPMENTS IN MANAGEMENT SCIENCE AND INFORMATION SYSTEMS WITH RESPECT TO MEASUREMENT IN ACCOUNTING.
Abstract
Developing techniques in management science, behavioral science, and information systems are discussed in the context of accounting measurement. Data requirements for implementation of the new planning and control techniques are considered and compared with data furnished by accounting reports. Input data and aggregation in contemporary information systems are compared with recording and classification in conventional accounting systems. It is proposed that accounting measurement principles be developed for data in 'micro' units, much smaller than the transaction, which serve as data inputs in on-line real-time information systems. It is also proposed that accounting measurement principles be extended to include non-monetary units and, in particular, to evaluating the measurement procedures used in determining the 'macro' units, much larger than the transaction, which serve as inputs for planning and control techniques developed in the management and behavioral sciences. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1965
- Accession Number
- AD0617904
Entities
People
- Andrew Stedry
- Neil Churchill
Organizations
- Carnegie Institute of Technology