This paper analyzes the pattern of periodic reinvestments in depreciable assets when the amount of reinvestment in each period is set equal to the amount of depreciation for the period and derives a constant to which the periodic investments converge. The expression for the constant which...

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...

Over a career extending back to the late 1930s Professor William W. Cooper has published books and articles in the field of accounting, mathematics, operations research, management science, engineering, economics, public policy and the behavioural sciences, reflecting wide interdisciplinary...