<b>Morgenstern and the accuracy of accouting data</b> - doi: 10.4025/enfoque.v29i1.9880

Abstract

The paper work discourses mainly on the notion of error, making a detailed study of how the error is handled in science and examines the reliability of data accounting in the sciences. As purposes, it presents: to point, to analyse, and to evaluate the statistical problems of the relations between economical theory and accounting theory, which, in geral, generate conflicts due to noises between the two areas and can be minimized in the future, considering the accuracy of the data in the in the statistical origin of the phenomenon. Its foundation is anchored in the original work of Morgenstern, “On the Accuracy of Economic Observation”, in which the researcher approaches the subject in a vision of the mid-twentieth century. The article calls on the importance of developing a statistical theory able to handle situations with the presence of error. This series is not fortuitous, unless it has its own rules, conventions and a certain amount of stability. The aggregation of these ciphers, would produce a certain measure of information, though not as commonly imagined. The paper concludes by evaluating that the business transacts in the illusion of dealing with accurate data in which there is no accuracy in the ordinary and scientifical sense. Nor is there a notion that can be replaced and this fact has profound significance to judge the possibilities, and the effects on the policies, in the forecasts and undoubtedly of primordial importance in accounting theory