As part of my upcoming preparations to someday write new Entries for Section Three of Work-Standard Accounting Practices, I have written a new Entry describing the Maoist Balance Sheet. This Maoist-style Balance Sheet is pretty nifty that I am still dumbfounded that China abandoned it as part of the “Reform and Opening Up.” For Section Three, I would like to write Entries to expand upon the accounting techniques I briefly explored in one particular Entry. To do that, I needed to finish the proposed Entries in Sections One and Two first.

Categories: Uncategorized

Tags: Accounting, China, Cold War, Economic History, Economics, Finance, Philosophy, Politics, Psychology, Socialist Finance, Soviet Union, Work-Standard Accounting Practices