TrueValueMetrics ... Impact Accounting for the 21st Century


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Date: 2024-04-20 Page is: DBtxt001.php L0700-TVM-FLOW-Enhanced-Accountancy-for-everything

TRUE VALUE METRICS
FLOW / IMPACT ... ENHANCED ACCOUNTANCY FOR EVERYTHING



The next slide shows … … how the money P&L report describes the impact of the money transactions on the money balance sheet of the operation … … while the IMPACTS of the operations on society and the environment are ignored because they are outside the reporting envelope.

A better framework for reporting would be this …

So think of all this miniaturized:

… and specifically this mean making all the PROCESSES that are used to support our QUALITY OF LIFE more efficient not only to make more PROFIT but also to have a BETTER IMPACT on SOCIETY (PEOPLE) and ENVIRONMENT (PLANET).

The text being discussed is available at

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TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends. TVM is a 'big idea' that has the potential to be a game changer. The goal is for it to remain an open access initiative.

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