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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
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 ›
onsider this post a website-related notification. As of this writing, I finished the latest addition to the Digital Library and rearranged the website menu bar to accommodate a few changes. Clicking on “Digital Library” will access the “Digital Library I”… Read More ›
The Fourth Estate 
You must be logged in to post a comment.