Ijiri or Grigg: Where do Indonesian Accounting Scholars Go?

Rizki Oktavianto; Sony Warsono

doi:10.17977/jabe.v8i4.56142

Ijiri or Grigg: Where do Indonesian Accounting Scholars Go?

Rizki Oktavianto, Sony Warsono

Abstract

Financial scandals have raised issues of trust and transparency in the double-entry bookkeeping (DEB) system. This led to adding a third entry to DEB, called triple entry accounting. TEA is not a new idea. This idea has been around since 1982 proposed by Yuji Ijiri, an accounting professor. Also, in 2005, Ian Grigg, a financial cryptographer offered the idea of TEA in a different format. These two different initial concepts of TEA gave rise to TEA research with different alignments. This study conducted a systematic review of 11 TEA articles written by Indonesian accounting scholars and published between 2005 and 2024. This study explores accounting scholars' knowledge domains and their alignment with the original idea of TEA. The results showed that all Indonesian accounting scholars who wrote TEA align with Grigg's initial ideas. This research recommends further research to design ideas for integrating Ijiri and Grigg's TEA concepts to anticipate financial statement fraud.

Keywords

Accounting scholars; knowledge domain; q-r theory; triple entry accounting.

Full Text:

PDF

References

Alboaie, S., Rata, A., Horomnea, E., & Vaida, M. (2018). Semantic Analysis Audit in Triple-Entry Accounting Systems based on Blockchain. ACTA Technica Napocensis: Electronics and Telecommunications, 59(1).

Ball, R. (2013). Accounting informs investors and earnings management is rife: Two questionable beliefs. In Accounting Horizons (Vol. 27, Issue 4, pp. 847–853). https://doi.org/10.2308/acch-10366

Basu, S. (2013). Devil’s advocate: The most incorrect beliefs of accounting experts. In Accounting Horizons (Vol. 27, Issue 4, pp. 841–846). https://doi.org/10.2308/acch-10364

Brown, P. R. (2013). How can we do better? In Accounting Horizons (Vol. 27, Issue 4, pp. 855–859). https://doi.org/10.2308/acch-10365

Cai, C. W. (2021). Triple-entry accounting with blockchain: How far have we come? Accounting and Finance, 61(1), 71–93. https://doi.org/10.1111/acfi.12556

Chen, W. B., Tsai, C. T., & Tahnk, J. (2021). Implementing triple entry accounting system with π account on block-chain protocol. Journal of Internet Technology, 22(2), 491–497. https://doi.org/10.3966/160792642021032202023

Dai, J., & Vasarhelyi, M. A. (2017). Toward Blockchain-Based Accounting and Assurance. Journal of Information Systems, 31(3), 5–21. https://doi.org/10.2308/isys-51804

Demski, J. S., Fellingham, J. C., Ijiri, Y., & Sunder, S. (2002). Some Thoughts on the Intellectual Foundations of Accounting. Accounting Horizons, 16(2), 157–168.

Ellison, G. (2002). Evolving standards for academic publishing: A q-r theory. Journal of Political Economy, 110(5), 994–1034. https://doi.org/10.1086/341871

Gao, P. (2013). A two-step representation of accounting measurement. In Accounting Horizons (Vol. 27, Issue 4, pp. 861–866). https://doi.org/10.2308/acch-10367

Grigg, I. (2005). Triple Entry Accounting Work-in-Progress Triple Entry Accounting. https://doi.org/10.13140/RG.2.2.12032.43524

Grigg, I. (2024). Triple Entry Accounting. Journal of Risk and Financial Management, 17(2). https://doi.org/10.3390/jrfm17020076

Ijiri, Y. (1982). Triple-Entry Bookkeeping and Momentum Income. American Accounting Association, 51–53.

Ijiri, Y. (1986). A Framework for Triple-Entry Bookkeeping. In Source: The Accounting Review (Vol. 61, Issue 4).

Jaswadi, J., Purnomo, H., & Sumiadji, S. (2024). Financial statement fraud in Indonesia: a longitudinal study of financial misstatement in the pre- and post-establishment of financial services authority. Journal of Financial Reporting and Accounting, 22(3), 634–652. https://doi.org/10.1108/JFRA-10-2021-0336

Kureljusic, M., & Karger, E. (2024). Forecasting in financial accounting with artificial intelligence – A systematic literature review and future research agenda. Journal of Applied Accounting Research, 25(1), 81–104. https://doi.org/10.1108/JAAR-06-2022-0146

Littleton, A. C. (1928). Paciolo and Modern Accounting. In Source: The Accounting Review (Vol. 3, Issue 2).

Sangster, A. (2016). The Genesis of Double Entry Bookkeeping. The Accounting Review, 91(1), 299–315.

Sangster, A., & Scataglinibelghitar, G. (2010). Luca Pacioli: The father of accounting education. Accounting Education, 19(4), 423–438. https://doi.org/10.1080/09639284.2010.501955

Sarwar, M. I., Nisar, K., Khan, I., & Shehzad, D. (2023). Blockchains and Triple-Entry Accounting for B2B Business Models. In Ledger (Vol. 8, pp. 37–57). University Library System, University of Pittsburgh. https://doi.org/10.5195/LEDGER.2023.288

Sgantzos, K., Hemairy, M. Al, Tzavaras, P., & Stelios, S. (2023). Triple-Entry Accounting as a Means of Auditing Large Language Models. Journal of Risk and Financial Management, 16(9). https://doi.org/10.3390/jrfm16090383

Swanson, E. P. (2004). Publishing in the Majors: A Comparison of Accounting, Finance, Management, and Marketing. Contemporary Accounting Research, 21(1), 226–255.

Thies, S., Kureljusic, M., Karger, E., & Kramer, T. (2023). Blockchain-Based Triple-Entry Accounting: A Systematic Literature Review and Future Research Agenda. Journal of Information Systems, 37(3), 101–118. https://doi.org/10.2308/ISYS-2022-029

Warsono, S. (2015). The Relationality of Rules of Debit and Credit. The Indonesian Journal of Accounting Research, 18(1).

Young, J. J. (2013). Devil’s advocate: The importance of metaphors. In Accounting Horizons (Vol. 27, Issue 4, pp. 877–886). https://doi.org/10.2308/acch-10369

DOI: http://dx.doi.org/10.17977/jabe.v8i4.56142