Alright, I am nearly finished with one of the two research papers that I mentioned in my last Update post. All it needs is a concluding paragraph, additional sources, and editing before I can consider it done. In the meantime,… Read More ›
Compendium
Everything related to the articulation of the Work-Standard
Work-Standard Accounting Practices: Financial Reporting for Profit and Utility Maximization
The financial data intended for the Chart of Accounts (CoA) is oftentimes drawn from the financial reports compiled by accountants and vetted by the auditors. The concept of financial reporting becomes dependent on whether the Accounting Profession is focusing on… Read More ›
Update (13 February 2023)
There’s a new Entry scheduled for posting within the next thirty minutes after this one goes live. It is the last one that I can reliably guarantee will be made available for viewing. Other than that, I have no idea… Read More ›
Work-Standard Accounting Practices: Economic Indicators of Dasein Fulfillment
The conduct of Mission-Type Economic Planning (MTEP) requires economic and financial indicators that Central Planners will need from Economic Planners and their retinue of Accountants. While the Council State will be able to compile its own data for the State… Read More ›
Work-Standard Accounting Practices: Fundamentals of Command-Obedience Account Bookkeeping (Pt. III of III)
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 ›
Work-Standard Accounting Practices: Financial Indicators of Profit and Utility Maximization
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 ›
Fundamentals of Command-Obedience Account Bookkeeping (Pt. II of III)
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 ›
Work-Standard Accounting Practices: Managerial Cost Accounting
Many of the economic and financial indicators that Neoliberalism still employs in the early 21st century were developed throughout the early 20th century. The Great Depression and two World Wars, of which the Cold War was the extension of the… Read More ›
Work-Standard Account Practices: Marxist Critiques of Double-Entry Account Bookkeeping
Compared to the previous two Entries that focused on Environmentalism and Feminism, Marxist Theory posited its own criticisms of Double-Entry Account Bookkeeping that differed from the other two ideologies. While Environmentalism is divided over Kapital and Feminism has somewhat conformed… Read More ›
Work-Standard Accounting Practices: Triple-Entry Account Bookkeeping
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 ›
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