Recent Posts - page 96
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Update (2 February 2023)
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There is a new post scheduled to go live thirty minutes after this one is published on the Blog. I chose an easier Entry just so I can get it out of the way. I am hoping to complete nearly… Read More ›
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Work-Standard Account Practices: The Cash and Accrual Methods
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Economic organizations and Parliaments in Production for Profit or Production for Utility tend to rely on one of two accounting techniques. Those are the “Cash-Basis Accounting Method” and the “Full Accrual Accounting Method.” Both techniques are employed to determine the… Read More ›
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Can We Find Healing Power in Income Taxes? — Between Hell and High Water
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Notes on the System of National Accounts
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I finished adding four more documents to Digital Library III. Two of them were official IGO documents that discuss in great detail about how the United Nations System of National Accounts (UNSNA). Seeing how I am going to be working… Read More ›
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Work-Standard Accounting Practices: Fundamentals of Double-Entry Account Bookkeeping (Pt. II of III)
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Accountants familiar with Double-Entry Account Bookkeeping record the everyday transactions and activities of their assigned economic organization in a “Chart of Account (CoA).” In the financial ledger of an economic organization affiliated with Production for Profit and Production for Utility,… Read More ›
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Update (1 February 2023)
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I am not sure exactly when I will be able to post another Entry for Work-Standard Accounting Practices (1st Ed.). If I did not post anything in the next thirty minutes after this Update post goes live, then that is… Read More ›
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Finalizing the Table of Contents
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The Table of Contents for Work-Standard Accounting Practices (1st Ed.) is completed, at least in the areas that matter most. I had to reduce the number of Sections in the Treatise further to three due to the apparent lack of… Read More ›
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Work-Standard Accounting Practices: Fundamentals of Double-Entry Account Bookkeeping (Pt. I of III)
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In Double-Entry Account Bookkeeping, the most fundamental equation used to form the basis of all accounting and econometrics under Neoliberalism involves basic addition and subtraction. Practically anyone with a basic primary school education should be able to comprehend the following:… Read More ›
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Update (31 January 2023)
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To demonstrate just how short and straightforward this new Treatise is going to be, I will be posting one of the first Entries for Section One. It is a three-part Entry designed to introduce how the Double-Entry Account Bookkeeping System… Read More ›
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Work-Standard Accounting Practices: Is Accounting an Artform?
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Some might be surprised to discover that there is no real Science behind Accounting. It is in final analysis an Artform comparable to painting and sculpting. Unlike Political Science, the Social Sciences, or even the Natural Sciences like Physics, Chemistry… Read More ›
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