image missingTrue Value Metrics (TVM)
Meaningful Metrics for a Smart Society
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Date: 2017-11-23 Page is: DBtxt001.php L070-TVIA


BETTER METRICS
TRUE VALUE IMPACT ACCOUNTING (TVIA)
METRICS REALLY MATTER ... BUT THE METRICS MUST BE THE RIGHT ONES

Accounting for ALL the CAPITALS GO TOP
Social Capital
Natural Capital
Created Capital
CAPITALS: SOCIAL: Human, Relational / NATURAL: Natural / CREATED: Physical, Financial, Knowledge, Institutional, Cultural

Accounting for ALL the SOCIO-ENVIRO-ECONOMIC SYSTEM GO TOP
About the SOCIO-ENVIRO-EONOMIC SYSTEM (SEES)
Conventional accounting has been about accounting for the financial part of this system. TVIA is about accounting for ALL of the system where the balance sheet includes ALL the capitals and the profit and loss account accounts for all the impacts in every part of the system.
Open L07-SEES

Accounting for the 3 main segments of CAPITAL GO TOP
The 3 main segments of CAPITAL
How Social Capital / Natural Capital / Created Capital have changed over time!
Open L070-CS-CAPITALS-STATE
SOCIAL CAPITAL Open L070-SEES-PEOPLE-SOCIETY
NATURAL CAPITAL Open L070-SEES-PLANET-ENVIRONMENT
CREATED CAPITAL Open L070-SEES-CREATED-CAPITAL

Accounting for ALL the elements of CAPITAL GO TOP
(1) SOCIAL CAPITAL ... Human Capital Open L0700-CS-HC-Human-Capital
(2) SOCIAL CAPITAL ... Relationship Capital Open L0700-CS-RC-Relationship-Capital
(3) NATURAL CAPITAL ... Natural Capital
There are many elements to Natural Capital
Open L0700-CS-NC-Natural-Capital
(4) CREATED CAPITAL ... Physical Capital Open L0700-CS-PC-Physical-Capital
(5) CREATED CAPITAL ... Financial Capital Open L0700-CS-FC-Financial-Capital
(6) CREATED CAPITAL ... Knowledge Capital Open L0700-CS-KC-Knowledge-Capital
(7) CREATED CAPITAL ... Institutional Capital Open L0700-CS-IC-Institutional-Capital
(8) CREATED CAPITAL ... Cultural Capital Open L0700-CS-CC-Cultural-Capital

Accounting for ALL the ACTORS GO TOP
About the ACTORS
Accounting to hold ACTORS accountable
Open L070-RE-REPORTING-ENTITIES

Core Concepts used for TVIA GO TOP
CORE CONCEPTS
How TVIA builds on the core concepts of conventonal accounting and scientific analysis
Open L070-CC-CORE-CONCEPTS

Units of Account GO TOP
Units of Account
Measurements have to be more than mere monetization using markets
Open L070-UA-UNITS-OF-ACCOUNT

Standard Value Profiles for PRODUCTS GO TOP
Standard Value Profiles for PRODUCTS
Measurements have to be more than mere monetization using markets
Open L070-SV-STANDARD-VALUE-PROFILES

True Value Coin System GO TOP
True Value Coin System
Doing for Society and the Environment what conventional money does for the Economy
Open L070-TVC-TRUE-VALUE-COIN




The text being discussed is available at



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