Agent based modelling as a decision support system for shadow accounting
We propose the use of agent based modelling to create a shadow account, that is, a secondary account of a business which is used to audit or verify the primary ac¬count. Such a model could be used to test the claims of industries and businesses. For example, the model could determine whether a busin...
| Main Authors: | , , |
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| Format: | Article |
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Elsevier
2017
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| Online Access: | https://eprints.nottingham.ac.uk/40415/ |
| _version_ | 1848796051106955264 |
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| author | Chesney, Thomas Gold, Stefan Trautrims, Alexander |
| author_facet | Chesney, Thomas Gold, Stefan Trautrims, Alexander |
| author_sort | Chesney, Thomas |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | We propose the use of agent based modelling to create a shadow account, that is, a secondary account of a business which is used to audit or verify the primary ac¬count. Such a model could be used to test the claims of industries and businesses. For example, the model could determine whether a business is generating enough funds to pay minimum wage. Parameters in the model can be set by observation or a range of values can be tested to determine points at which enough revenue could be generated. We illustrate the potential of agent based modelling as a tool for shadow accounting with a case study of a car wash business. |
| first_indexed | 2025-11-14T19:41:50Z |
| format | Article |
| id | nottingham-40415 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T19:41:50Z |
| publishDate | 2017 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-404152020-05-04T18:39:34Z https://eprints.nottingham.ac.uk/40415/ Agent based modelling as a decision support system for shadow accounting Chesney, Thomas Gold, Stefan Trautrims, Alexander We propose the use of agent based modelling to create a shadow account, that is, a secondary account of a business which is used to audit or verify the primary ac¬count. Such a model could be used to test the claims of industries and businesses. For example, the model could determine whether a business is generating enough funds to pay minimum wage. Parameters in the model can be set by observation or a range of values can be tested to determine points at which enough revenue could be generated. We illustrate the potential of agent based modelling as a tool for shadow accounting with a case study of a car wash business. Elsevier 2017-03-31 Article PeerReviewed Chesney, Thomas, Gold, Stefan and Trautrims, Alexander (2017) Agent based modelling as a decision support system for shadow accounting. Decision Support Systems, 95 . pp. 110-116. ISSN 1873-5797 Minimum wage Social compliance Auditing accountability http://www.sciencedirect.com/science/article/pii/S0167923617300118 doi:10.1016/j.dss.2017.01.004 doi:10.1016/j.dss.2017.01.004 |
| spellingShingle | Minimum wage Social compliance Auditing accountability Chesney, Thomas Gold, Stefan Trautrims, Alexander Agent based modelling as a decision support system for shadow accounting |
| title | Agent based modelling as a decision support system for shadow accounting |
| title_full | Agent based modelling as a decision support system for shadow accounting |
| title_fullStr | Agent based modelling as a decision support system for shadow accounting |
| title_full_unstemmed | Agent based modelling as a decision support system for shadow accounting |
| title_short | Agent based modelling as a decision support system for shadow accounting |
| title_sort | agent based modelling as a decision support system for shadow accounting |
| topic | Minimum wage Social compliance Auditing accountability |
| url | https://eprints.nottingham.ac.uk/40415/ https://eprints.nottingham.ac.uk/40415/ https://eprints.nottingham.ac.uk/40415/ |