Is it tenable to envisage the adoption of alternative accounting practices in non-Liberal Capitalist conceptions of world order? If one has already entertained a world order where nations adhering to Scientific and Artistic Socialism (Marxist and non-Marxist respectively) coexist, is… Read More ›
Much like the concept of a national educational system, contemporary understandings of the Accounting Profession are a byproduct of the two World Wars and the Great Depression. The Accounting Profession found itself pressed to assist in the allocations of their… Read More ›
The Council State relies on two sets of financial indicators based on data in the Worksheet of Sociable Accounts (WSA). Both sets of financial indicators are governed by WSA’s Domestic Accounts and Foreign Accounts. It pertains to areas of economic… Read More ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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