Economics and Business
ISSN 2775-9237 (Online)
Published: 26 May 2020
Accounting Symmetries on Indonesian Entities by Applying the Edgeworth’s Box
Miguel Angel Pérez Benedito
Universidad de Valencia, Spain
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Keywords: Symmetry Accounting, Accounting Methodology, Accounting Analysis, National Accounting
Decisions making of entities in an economy are materialized into transactions to transform economic goods into monetary goods, maintaining a continued management of the corporate activity. The transformation of economic goods into monetary ones is a <<mutatis mutandis>> effect in which entities of the economic and financial market interfere with different impact in their respective financial statements. In accordance to the economic situation of the market, we can make a bigger/smaller association between such entities. This association is susceptible of being represented by accounting symmetries. Accounting symmetries are obtained to measure the positions taken by entities in an Edgeworth’s Box. The entities that are object of study in this manuscript are banking entities, non-financial entities, and the entity-State, which represents the position of the Indonesian economy in the Edgeworth’s Box. Later, the manuscript visually analyses the accounting symmetries between banking and non-financial entities, shorted by economic sectors.
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