The emergence of Cryptocurrencies, beginning with Bitcoin, has made it feasible to entertain the development of Triple-Entry Account Bookkeeping as an expansion of Double-Entry Account Bookkeeping. Conceptually speaking, Triple-Entry Account Bookkeeping follows very similar premises to that of Double-Entry Account… Read More ›
The Soviets were already employing their own accounting system to measure economic performance well before the Liberal Capitalists adopted theirs at the United Nations during the 1950s. The Material Product System (MPS) was designed to provide an accounting system catering… Read More ›
I remembered writing two posts for the Blog two years ago about my initial descriptions of Triple-Entry Account Bookkeeping for Cryptocurrencies and the Soviet Material Product System. That is, if I can locate them. Assuming I do manage to recover… Read More ›
“Command-Obedience Account Bookkeeping” refers to the reapplication of the Work-Standard’s Intents of Command and Obedience to the Accounting Profession. Its purpose is to develop a reliable alternative to the Double-Entry Account Bookkeeping System, capable of acquiring financial data on the… Read More ›
All that is left for me to do for the rest of Work-Standard Accounting Practices (1st Ed.) is to provide further background information on other aspects of Double-Entry Bookkeeping, discuss the other alternative models, and finally introduce the Work-Standard’s accounting… Read More ›
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