Author Archives

• Update (10 February 2023)

  By Duty and Honor on February 10, 2023 • ( 1 )

  My posting schedule on The Fourth Estate is going be more irregular for the rest of the month. Apart from needing ample time to complete the nine remaining Entries for Work-Standard Accounting Practices, I also have some personal affairs that… Read More ›

• Work-Standard Accounting Practices: Fundamentals of Command-Obedience Account Bookkeeping (Pt. III of III)

  By Duty and Honor on February 9, 2023 • ( 0 )

  

  Continuing with the TPP equation, we now direct our attention to the SI-EF Account, which governs the financial activities coexisting alongside the economic activities of the LER Account. Compared to what was described previously in The Work-Standard (2nd Ed.), some… Read More ›

• Update (9 February 2023)

  By Duty and Honor on February 9, 2023 • ( 0 )

  Like I said in yesterday’s Update post, I will not be posting anything in the immediate wake of Update posts anytime soon. I am still going to be working on the rest of the Entries for Work-Standard Accounting Practices, but… Read More ›

• Revising the Accounting Table

  By Duty and Honor on February 8, 2023 • ( 0 )

  

  Two years ago, the last Section of The Work-Standard (2nd Ed.) included an accounting table that could serve as the Work-Standard’s equivalent to the System of National Accounts (SNA). That accounting table proved to be too disorganized and ill-suited for… Read More ›

• Work-Standard Accounting Practices: Financial Indicators of Profit and Utility Maximization

  By Duty and Honor on February 8, 2023 • ( 0 )

  

  Are there any corresponding financial indicators related to Production for Profit and Production for Utility? If so, are there two separate sets, one for individual economic organizations and another for Parliament? Back in the previous Entry, we discussed the System… Read More ›

• Update (8 February 2023)

  By Duty and Honor on February 8, 2023 • ( 0 )

  

  I am not expecting to have to any new Entries to Work-Standard Accounting Practices today. The purpose is to spend the time I have today tackling other matters outside the Blog and preparing a new batch of Entries that I… Read More ›

• Plans on Finishing “Work-Standard Accounting Practices”

  By Duty and Honor on February 7, 2023 • ( 0 )

  As it stands, I am nearly done with Work-Standard Accounting Practices (1st Ed.). There are four Entries in Section One that remains incomplete, while I have yet to determine how many Entries should be devoted to Section Three. For Section… Read More ›

• Fundamentals of Command-Obedience Account Bookkeeping (Pt. II of III)

  By Duty and Honor on February 7, 2023 • ( 0 )

  

  With the TPP Account uncovered, the next step is to find the LER Account, which is represented by the sum of RTEP (Real Total Economic Potential) and RTFP (Real Total Financial Potential). RTEP is TEP (Total Economic Potential) and RTEP… Read More ›

• Postmodernity and Rise of Social Communions

  By Duty and Honor on February 7, 2023 • ( 0 )

  

  Yesterday’s latest Entry of Work-Standard Accounting Practices, “Managerial Cost Accounting,” showcased two accounting methods associated with Eugen Schmalenbach. Schmalenbach was a well-known German economist within German academia who is unknown nowadays, even though his contributions to accounting had gone on… Read More ›

• Update (7 February 2023)

  By Duty and Honor on February 7, 2023 • ( 0 )

  There is an upcoming post in relation to the implications of what I had discussed in the most recent Entry of Work-Standard Accounting Practices. It is scheduled to go live in the thirty minutes after this one. At the moment,… Read More ›