The Soviets were already employing their own accounting system to measure economic performance well before the Liberal Capitalists adopted theirs at the United Nations during the 1950s. The Material Product System (MPS) was designed to provide an accounting system catering… Read More ›
Finance
Work-Standard Accounting Practices: Fundamentals of Command-Obedience Account Bookkeeping (Pt. I of III)
“Command-Obedience Account Bookkeeping” refers to the reapplication of the Work-Standard’s Intents of Command and Obedience to the Accounting Profession. Its purpose is to develop a reliable alternative to the Double-Entry Account Bookkeeping System, capable of acquiring financial data on the… Read More ›
Update (5 February 2023)
All that is left for me to do for the rest of Work-Standard Accounting Practices (1st Ed.) is to provide further background information on other aspects of Double-Entry Bookkeeping, discuss the other alternative models, and finally introduce the Work-Standard’s accounting… Read More ›
Work-Standard Accounting Practices: Economic Indicators of Profit and Utility Maximization
All of the information obtained from a country’s System of National Accounts (SNA) is then used for three economic indicators of Profit and Utility maximization. Each of the three economic indicators relies on their own formulas and equations. One provides… Read More ›
Work-Standard Accounting Practices: Feminist Critiques of Double-Entry Account Bookkeeping
Compared to the various ideologies studied here and the two preceding Treatises, Feminism has undergone rapid transformations throughout its history. The State of Total Mobilization itself has given women more opportunities to exercise Legal Duties and Legal Rights than that… Read More ›
Work-Standard Accounting Practices: Environmentalist Critiques of Double-Entry Account Bookkeeping
Environmentalism as an ideology is concerned about humanity’s relationship with nature in the State of Total Mobilization. The State of Total Mobilization itself may have concurred with the development of large cities and manufacturing zones, but it has not completely… Read More ›
Update (4 February 2023)
There is another post scheduled to go live in the thirty minutes after this Update is posted. I am planning to see if I get at least one, two, or three additional Entries done over the weekend. If it appears… Read More ›
Work-Standard Accounting Practices: The True Meaning of True Value
The accounting practices employed by the Work-Standard are designed solely for the Work-Standard. They cannot be reapplied to Kapital and Schuld or any other known conception of Currency. Such accounting practices need to be readily adopted by trained accountants to… Read More ›
Fundamentals of Double-Entry Account Bookkeeping (Pt. III of III)
The System of National Accounts (SNA) may seem overwhelming for anyone who is just beginning to comprehend how the Double-Entry Account Bookkeeping System. It is already a daunting task on its own to determine the Quantities of Kapital and Schuld… Read More ›
Update (3 February 2023)
I am currently halfway through Section One of Work-Standard Accounting Practices (1st Ed.). The sooner I finish Section One, the sooner I can get started for the real bulk of the Treatise in Section Three. Apart from cleaning up the… Read More ›
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