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 ›
Sorry, I am still unable to work on anything for the Blog. I remain preoccupied with personal projects outside of the Blog. My hope is that sometime on Friday or Saturday, I will devote the entire day to writing two… 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 ›
My posting schedule on The Fourth Estate is going be more irregular for the rest of the month. Apart from needing ample time to complete the nine remaining Entries for Work-Standard Accounting Practices, I also have some personal affairs that… 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 ›
Like I said in yesterday’s Update post, I will not be posting anything in the immediate wake of Update posts anytime soon. I am still going to be working on the rest of the Entries for Work-Standard Accounting Practices, but… Read More ›
Two years ago, the last Section of The Work-Standard (2nd Ed.) included an accounting table that could serve as the Work-Standard’s equivalent to the System of National Accounts (SNA). That accounting table proved to be too disorganized and ill-suited for… Read More ›
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