In accounting, finance and economics, an accounting identity is an equality that must be true regardless of the value of its variables, or a statement that by definition (or construction) must be true.[1][2] Where an accounting identity applies, any deviation from numerical equality signifies an error in formulation, calculation or measurement.[3]
The term accounting identity may be used to distinguish between propositions that are theories (which may or may not be true, or relationships that may or may not always hold) and statements that are by definition true. Despite the fact that the statements are by definition true, the underlying figures as measured or estimated may not add up due to measurement error, particularly for certain identities in macroeconomics.[4]
^"Principles of Microeconomics", Mankiw et al., pp. 211-212, 2002
^"Macroeconomics [Canadian Edition]", Mankiw & Scarth, p. 25, 2004
^Suranovic, "International Finance Theory and Policy": "It is important to note that this relationship is an accounting identity. This means that the relationship must be true as long as all variables are measured properly."
^See, for example, Suranovic, "International Finance Theory and Policy": "In practice, this identity rarely adds up, however, because the variables are not typically measured accurately."
and 23 Related for: Accounting identity information
In accounting, finance and economics, an accountingidentity is an equality that must be true regardless of the value of its variables, or a statement...
(1971–1982) Identity (novel), by Milan Kundera, 1998 Accountingidentity, calculation that must be true regardless of its variables Brand identity, the expression...
Identity management (IdM), also known as identity and access management (IAM or IdAM), is a framework of policies and technologies to ensure that the...
of access and identity until his 2019 retirement, helping to address those violations in the design of the Microsoft Accountidentity meta-system. As...
sides of the account. This is because income and expenditure are defined in a way that forces them to be equal (see accountingidentity). We show the...
An identity document (also called ID or colloquially as papers) is any document that may be used to prove a person's identity. If issued in a small, standard...
Most identity fraud is committed in the context of financial advantages, such as accessing a victim's credit card, bank accounts, or loan accounts. False...
sector's deficit is the private sector's surplus and vice versa, by accountingidentity, which increased private sector debt during the Clinton-era budget...
measures that rely on double-entry accounting. By design, such accounting makes the totals on both sides of an account equal even though they each measure...
Dissociative identity disorder (DID), previously known as multiple personality disorder, is one of multiple dissociative disorders in the DSM-5, DSM-5-TR...
A service account or application account is a digital identity used by an application software or service to interact with other applications or the operating...
sectors taken together must be lending. The balances represent an accountingidentity resulting from rearranging the components of aggregate demand, showing...
Identity politics is politics based on a particular identity, such as race, nationality, religion, gender, sexual orientation, social background, caste...
Identity theft, identity piracy or identity infringement occurs when someone uses another's personal identifying information, like their name, identifying...
1980s, social identity theory introduced the concept of a social identity as a way in which to explain intergroup behaviour. "Social identity theory explores...
Identity Evropa (/juːˈroʊpə/) was an American neo-Nazi and white supremacist organization established in March 2016. It was rebranded as the American Identity...
federated identity in information technology is the means of linking a person's electronic identity and attributes, stored across multiple distinct identity management...
local-part of a @gmail.com address for the purposes of determining accountidentity. Some mail services support a tag included in the local-part, such...
A digital identity is data stored on computer systems relating to an individual, organization, application, or device. For individuals, it involves the...
Identity Thief is a 2013 American road comedy film directed by Seth Gordon, written by Craig Mazin from a story by Mazin and Jerry Eeten, and starring...
Identity correlation is, in information systems, a process that reconciles and validates the proper ownership of disparate user account login IDs (user...
online identity used for deceptive purposes. The term originally referred to a hand puppet made from a sock. Sock puppets include online identities created...
Global Information