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Date: 2019-09-22 Page is: DBtxt001.php L0700-SN-TVM-CORE-CONCEPTS
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TVM CORE CONCEPTS
CORE CONCEPTS FROM ENGINEERING, ECONOMICS AND ACCOUNTANCY
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CORE CONCEPTS
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CORE CONCEPTS OVERVIEW
AN OVERVIEW OF CONCEPTS FROM ACCOUNTANCY, SCIENCE AND ENGINEERING
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FINANCIAL AUDIT
AUDIT STOPS COMPANIES FROM BLATANTLY LYING TO THEIR INVESTORS
Open L0700-CC-FINANCIAL-AUDIT
BALANCE-SHEET
THE STATE OF THE REPORTING ENTITY
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CAPITALS
MAINLY FINANCIAL CAPITAL, BUT INCREASINGLY SOCIAL AND NATURAL AS WELL
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CONTINUOUS-IMPROVEMENT
A COMMON SENSE IDEA BEING FORMALIZED
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ALL VERY DIFFERENT METRICS, BUT VERY FREQUENTLY CONFLATED
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DATA AT THE CENTER
EVERYTHING SHOULD BE NUMBERED TO UNDERSTAND CONNECTIONS
Open L0700-CC-DATA-AT-THE-CENTER
DOUBLE ENTRY
CONCEPT THAT IS BASIS FOR THE ENORMOUS POWER OF ACCOUNTANCY
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ENHANCING ACCOUNTANCY
TO BRING THE POWER OF ACCOUNTANCY TO IMPACT ON ALL THE CAPITALS
Open L0700-CC-ENHANCING-ACCOUNTANCY
FEEDBACK
RAPID RELEVANT FEEDBACK ENABLES PERFORMANCE IMPROVEMENT
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FEEDBACK & DATAFLOW
DATAFLOW DESIGN ENHANCES THE IMPACT DELIVERED BY FEEDBACK
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KEY PERFORMANCE INDICATOR (KPI)
A STREAMLINED WAY OF COMMUNICATING PERFORMANCE
Open L0700-CC-KPI
MANAGEMENT ACCOUNTING
AT THE CENTER OF EVERY SUCCESSFUL PROFITABLE COMPANY
Open L0700-CC-MANAGEMENT-ACCOUNTING
MATERIALITY
ISSUES THAT HAVE A BIG IMPACT ON PERFORMANCE
Open L0700-CC-MATERIALITY
MONEY ACCOUNTING & VALUE ACCOUNTING
AN IMPORTANT ENHANCEMENT OF ACCOUNTING THAT INCORPORATES VALUE
Open L0700-CC-MONEY-ACTG-TO-VALUE-ACTG
PERSPECTIVES
RECOGNIZING THAT ACTIVITY LOOKS DIFFERENT DEPENDING ON POINT OF VIEW
Open L0700-CC-PERSPECTIVES
PRESENT-VALUE
A WAY FOR THE FUTURE TO BE NUMBERED IN A COHERENT WAY
Open L0700-CC-PRESENT-VALUE
PRINCIPLES -V- RULES
BASIC PRINCIPLES OF ACCOUNTANCY ARE VERY OLD AND VERY POWERFUL
Open L0700-CC-PRINCIPLES-V-RULES
PROCESSES
AN ACTIVITY THAT HELPS CHANGE RAW MATERIALS INTO USEFUL PRODUCTS
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PRODUCTS
GOODS AND SERVICES THAT LINK PEOPLE, NATURE AND THE ECONOMY
Open L0700-CC-PRODUCTS
PROFIT AND LOSS ACCOUNT
AN ACCOUNTING SUMMARY OF THE ACTIVITIES OF THE ENTITY
Open L0700-CC-PROFIT-AND-LOSS-ACCOUNT
PROGRESS & PERFORMANCE
THE ESSENTIAL MEASURES FOR ASSESSING ACTIVITIES
Open L0700-CC-PROGRESS-PERFORMANCE
PURCHASING POWER PARITY (PPP)
A WAY TO BRING COMPARABILITY TO DIFFERENT ECONOMIC SETTINGS
Open L0700-CC-PPP
PURPOSE
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QUANTIFICATION
ESSENTIAL FOR EFFECTIVE MEASUREMENT AND MANANGEMENT
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REPORTING ENTITY
CORPORATE REPORTING IS OFTEN CONSTRAINED BY THE REPORTING ENVELOPE
Open L0700-CC-REPORTING-ENTITY
RESPONSIBILITY ACCOUNTING GO Responsibility-Accounting
SHADOW PRICING
ENABLES ACCOUNTABILITY FOR MATTERS NOT USUALLY ACCOUNTED FOR
Open L0700-CC-SHADOW-PRICING
STANDARD VALUE PROFILE
ENABLES ACCOUNTABILITY FOR MATTERS NOT USUALLY ACCOUNTED FOR
Open L0700-CC-STANDARD-VALUE-PROFILE
TEST
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UNITS OF ACCOUNT
ENABLES ACCOUNTABILITY FOR MATTERS NOT USUALLY ACCOUNTED FOR
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UNSUSTAINABILITY SCORE
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Open L0700-CC-UNSUSTAINABILITY-SCORE
VARIANCE ANALYSIS
ENABLES ACCOUNTABILITY FOR MATTERS NOT USUALLY ACCOUNTED FOR
Open L0700-CC-VARIANCE-ANALYSIS



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TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends plus donations from well wishers who understand the importance of accountability and getting the management metrics right. TVM is a 'big idea' that has the potential to be a game changer leveling the playing field so the wealth and power is shared on a more reasonable basis between people who work for a living and those that own the economy and the levers of power. In order to be effective, it cannot be funded in the conventional way with a for profit business plan, but absolutely must remain an open access initiative.
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