ఇంటర్నేషనల్ జర్నల్ ఆఫ్ అకౌంటింగ్ రీసెర్చ్

నైరూప్య

Conceptual Framework of Natural Accounting

Ashok Kumar Mishra

In this communication the author has conceptualized that the basic postulates of accountancy can be equated with the universal happening of natural phenomenon, i.e. assets, expenses, capital, liabilities and profit have identical laws as there exist in earth, water, fire, sky and air.