The System of National Accounts (SNA) may seem overwhelming for anyone who is just beginning to comprehend how the Double-Entry Account Bookkeeping System. It is already a daunting task on its own to determine the Quantities of Kapital and Schuld… Read More ›
Day: February 3, 2023
Work-Standard Accounting Practices: The True Meaning of True Value
The accounting practices employed by the Work-Standard are designed solely for the Work-Standard. They cannot be reapplied to Kapital and Schuld or any other known conception of Currency. Such accounting practices need to be readily adopted by trained accountants to… Read More ›
Update (3 February 2023)
I am currently halfway through Section One of Work-Standard Accounting Practices (1st Ed.). The sooner I finish Section One, the sooner I can get started for the real bulk of the Treatise in Section Three. Apart from cleaning up the… Read More ›