Applications of time‐series analysis in accounting: A review

This paper reviews research that makes use of one of the most popular forecasting methods applied in accounting: time‐series analysis using the Box‐Jenkins methodology. It organizes the research in the area, surveys recent applications of time‐series analysis in accounting, and discusses the potential for the methodology in addressing future research issues. The emphasis is on those aspects of the accounting system that possibly cause difficulties in applying time‐series methods in accounting.