Chart of Accounts Theories in Šimun Babić\u27s Work

Doprinos Šimuna Babića jest pravilna sistematizacija kontnih teorija personalističke i materijalističke, njihovo objašnjavanje i ukazivanje na slabosti određenih kontnih teorija, a to je utjecaj na razvitak računovodstvene teorije i unapređenje prakse. Kontne teorije nastoje na znanstveni način utemeljiti i objasniti logiku dvojnog knjigovodstva i cilj im je unaprijediti teoriju i praksu knjigovodstva.Chart of accounts theories have in the focus of their considerations the account and rules of account records in the system of double-entry book-keeping. They try to establish and explain the logic of double-entry book-keeping in a scientific way. The goal of these theories is to improve the theory and practice of book-keeping. They include two fundamental groups, and these are personal and materialistic chart of accounts theories. Personal are based on the follovving relation-one person owes, the other person demands. Materialistic theories start with the content of account and can be static and dynamic account theories. The contribution of Šimun Babić within the context is regular systematization of these chart of accounts theories, their explanation and implication of weaknesses of specific chart of accounts theories, what influenced development of accounting theory and improvement of practice