{'fraction_non_alphanumeric': 0.014605647517039922, 'fraction_numerical': 0.0, 'mean_word_length': 5.547770700636943, 'pattern_counts': {'":': 0, '<': 0, '<?xml version=': 0, '>': 0, 'https://': 0, 'lorem ipsum': 0, 'www.': 0, 'xml': 0}, 'pii_count': 0, 'substrings_counts': 0, 'word_list_counts': {'cursed_substrings.json': 0, 'profanity_word_list.json': 0, 'sexual_word_list.json': 0, 'zh_pornsignals.json': 0}}
Counting Beans and Time: A Temporal Contract Accounting Model for Flexible Financial Reporting and Continuous Auditing

There have been calls in the accounting literature for the co-existence of multiple accounting standards and multidimensional financial reporting that can meet the requirements of different financial information users and continuous auditing. Despite some initial effort of decades ago, little progress has been made to improve the conventional double-entry accounting to meet those financial reporting challenges. To address this research gap, in this conceptual modeling paper I propose a theory-based temporal contract accounting (TCA) model by building on prior research in the accounting literature. The TCA model takes a contract view of the firm and count for not only spatial resources but also spatial-temporal resources. While much future research work remains to be done, the conceptual model has the potential to offer important benefits for flexible financial reporting and continuous auditing.