Ijiri, Yuji - In: Management Science 34 (1988) 2, pp. 160-166
Conventional accounting measures wealth W (assets and liabilities) and accounts for its net change, W(t + 1) - W(t), by means of income \Delta W(t), classified into various revenue and expense items. Proposed "momentum accounting" measures income momentum W\dot = dW/dt (time rate at which income...