As established in the preceding Entries, the Kapital and Schuld tracked by Accountants and Bookkeepers in Double-Entry Account Bookkeeping have substantiated existences. There is Kapital being earned and spent as well as Schuld being incurred and reduced over the course… Read More ›
Compendium
Everything related to the articulation of the Work-Standard
Work-Standard Accounting Practices: Receipts and Invoices in Double-Entry Account Bookkeeping
The transactional sales that occur under Double-Entry Account Bookkeeping will always include documentation for those affected by the movement of Kapital and Schuld. Returning to the example established in the preceding Entry, suppose there was a contextual event that prompted… Read More ›
Work-Standard Accounting Practices: Daybook Journal and T-Chart
The simple mathematical equation associated with Double-Entry Account Bookkeeping is designed to allow an Accountant and their assistant, a “Bookkeeper,” to create documents describing the movements of Kapital and Schuld between different entities. The Bookkeeper compiles the documentation for the… Read More ›
A Second Edition for “Work-Standard Accounting Practices” (Pt. II of II)
After making some serious progress in the coursework of the Bookkeeping certification program, I was able to record and process my past observations based on what I had learned. It has already been established in Work-Standard Accounting Practices (1st Ed.)… Read More ›
A Second Edition for “Work-Standard Accounting Practices” (Pt. I of II)
After completing the first week of a four-week certification program, I am confident in saying that Work-Standard Accounting Practices (1st Ed.) could use a Second Edition sometime this year. Although a lot of the information covered in the Treatise is… Read More ›
Kazakhstan and Vietnam Forge Stronger Ties with Multi-Sectoral Agreements
In a move symbolizing a commitment to deepened bilateral relations, Kazakhstan and Vietnam have finalized several pivotal agreements aimed at broadening cooperation across a diverse range of sectors. As announced on August 21 by Kazakhstan’s President Kassym-Jomart Tokayev, these deals… Read More ›
Thoughts on “Financial Warfare”
A few Entries in Section Seven of The Work-Standard (3rd Ed.) retained a notable topic originally introduced in the First Edition and kept in the Second Edition. I am of course referring to the concept of “Financial Warfare,” the idea… Read More ›
SMP Compendium: The Tactical Logic of Technology
The Art of Socialist Finance cannot be conveyed in a massive book of rules and regulations like a “~70,000-page Internal Revenue Service (IRS) Tax Code.” The styles which govern Socialist Finance are to be applied in accordance with present-day economic… Read More ›
SMP Compendium: The Operational Logic of Technology
Previously, we explored the various possibilities where such technologies can be employed on a tactical level. Here, we will be exploring those same technologies at an operational level. The Art of Socialist Finance requires its own Socialist Fintech in the… Read More ›
SMP Compendium: The Strategic Logic of Technology
As we ascend the command structure of the Socialist Nation, everything becomes more generalized and more broadly defined upon arriving at the Council State itself. What keeps the Council State cognizant of what is occurring in the nation and abroad… Read More ›
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