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Accounting Equation and SFAC 6 Represented Using Blawx

I mentioned Blawx in a prior blog post. While Blawx was designed to work with legal information, it also works with accounting information.  Here is the Accounting Equation and SFAC 6 Elements of Financial Statements representations using Blawx:

Accounting Equation: (properly functioning)

Accounting Equation: (intensional error)

SFAC 6 Elements of Financial Statements: (note that I could not represent two of the mathematical rules)

For some bonus points, here is a prototype of SBRM represented using Blawx (work in progress):

Lots of potential here!  Thank you to Jason Morris for helping me get the accounting equation and SFAC 6 examples created.

Posted on Wednesday, September 9, 2020 at 02:48PM by Registered CommenterCharlie in | CommentsPost a Comment

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