McLelland

Welcome to a site largely devoted to exploring what I think is a somewhat nonstandard view of accounting: Accounting is simply one component in the business information supply chain along with IT, estimation methods (statistics and econometrics), and a broad set of decision sciences (e.g., microeconomics, marketing, finance, production management, etc.). An important implication of the view is this:

Accounting information--as the term is commonly used--is not necessarily information at all, it is most often just data. Accounting data becomes information only after it is processed into information for input into a particular decision model.