The farm accounting ideas of Ohtsuki Masao (1895–1980) are explored in this study. The bookkeeping system for family farms, considered by Ohtsuki in 1933, has been highly successful in the history of farm accounting in Japan. Furthermore, the system’s potential benefit of developing Japan’s farm accounting is important. Accounting in Japan was originally based on a balance of payments and static accounting. Ohtsuki’s bookkeeping system is based on the same principles. However, the significant contribution of his system was to integrate agriculture into the system.
