ACCOUNTING INFORMATION SYSTEMS: A DOUBLE ENTRY AND REA MODEL COMPARISON

Abstract

Accounting is focused on economic event information treatment accounting having the double entry method as usual form which considers only monetary variations. With development of data banks and the Entity-Relation modeling the REA model (economic Resources, economic Events, economic Agents) is created, which focuses on information records based on the association of economic resources, economic events and economic agents, replacing the traditional double-entry model, known as model DCA (Debt Credit Accounting), allowing improvement in analysis capacity. Thus, this study aims to compare the DCA and REA models, using the methodology of literature research focused on explanatory research in order to determine the advantages and disadvantages between the models, considering the focus on information. From this comparative this work shows the preference for REA model based on the quantity and quality of information provided.