Everything related to the articulation of the Work-Standard
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 ›
Previously, in Part I, Command-Obedience Account Bookkeeping was used to obtain the Statement of Self-Reciprocation, which we then needed to complete the three statements of the Financial Ledger. We established “Scenario 1998” as a simulated exercise to demonstrate how the… Read More ›
When the First Edition of Work-Standard Accounting Practices was completed in 2023, I devised a specific guide detailing how to determine how much Actual Arbeit and Actual Geld was being created from the Life-Energization Reciprocity (LER) and Life-Energization Reciprocal Electrification… Read More ›
Even in Production for Dasein, where the Work-Standard is employed and its performance documented under Command-Obedience Account Bookkeeping, the concepts of Inventories and Accounts Receivable/Payable will continue to exist in name only. Rather than recording the movements of Kapital and… Read More ›
Practical applications of Mission-Type Economic Planning (MTEP) will include the possibility for the economic activities of Enterprises to experience a Transvaluation of All Arbeit (TIA). The TIA must be issued as a majority consensus within the affected Enterprises. The Self… Read More ›
In a functioning Council Democracy, periodic changes to the Quality of Arbeit (QW) and the Quality of Geld (QM), which we had discussed previously as the “Arbeit Contributable” and “Geld Convertible” are to be expected. It is possible for the… Read More ›
The “Accounting Cycle,” as stipulated in The Work-Standard (3rd Ed.) and The Third Place (1st Ed.), is assumed to correspond to a predetermined Fiscal Year. In those Treatises, the general idea is that, at end of a given workweek, an… Read More ›
The Accounting Profession will no doubt continue to exist under the Work-Standard, albeit under a different set of circumstances. That was the original conclusion presented at the end of the First Edition of Work-Standard Accounting Practices. It continues to remain… Read More ›
The National-Socialized Basis Method (NSBM) Technique represents the more sophisticated, comprehensive way of conducting Command-Obedience Account Bookkeeping in conjunction with applications of Mission-Type Economic Planning (MTEP). Unlike the Life-Energization Basis Method (LEBM) Technique discussed in the previous Entry, there is… Read More ›
The Life-Energization Basis Method (LEBM) Technique can perform two tasks under Command-Obedience Account Bookkeeping that are done in conjunction with Mission-Type Economic Planning (MTEP). The first and most obvious pertains to the Life-Energization Reciprocity (LER) Process, which is to record… Read More ›
The Fourth Estate 
You must be logged in to post a comment.