Completion of the new Entries for Work-Standard Accounting Practices (2nd Ed.) is proceeding ahead of schedule. All that remains is for me to consolidate everything that conveyed in the original Entries from Section Three of the First Edition and the new Entries for the Second Edition. The result should be a comprehensive picture of how an Accountant creates financial statements for an Enterprise under the Work-Standard, relying on the equations and accounting methods that I had developed specially for the Work-Standard. My goal is to finish those Entries on May 10 and 11, reserving today for drafting I will go about demonstrating the Balance Sheet, Income Statement, and Workflow Statement.
For those who do not know, I devised those three financial statements by conveying them in three individual photos. The photos will be the template that I will be using to construct the final two Entries as everything else in Section Three was intended to build toward them, which are needed to complete aspects of the Worksheet of Sociable Accounts (WSA).
Speaking of which, it is only natural that these developments are coinciding with me studying for a Bookkeeping Certification exam later this month. It turns out that what I am learning at the moment are the Liberal Capitalist equivalents of those same financial statements. Of course, the WSA’s Neoliberal equivalent, the United Nations System of National Accounts, is not included in that program.
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