BALANCE SHEET
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THE STATE OF THE REPORTING ENTITY ... ASSETS, LIABILITIES, OWNER'S EQUITY
PROGRESS IS A BETTER BALANCE SHEET OVER TIME
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Open L0700-CC-BALANCE-SHEET
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CAPITALS
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CAPITALS
FOR MOST OF HISTORY FINANCIAL CAPITAL HAS BEEN CENTRAL
INCREASINGLY SOCIAL AND NATURAL CAPITAL ARE GETTING ATTENTION
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Open L0700-CC-CAPITALS
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CORE CONCEPTS
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CORE CONCEPTS
THE CORE CONCEPTS OF FINANCIAL ACCOUNTING ARE VERY POWERFUL
THEY NEED REFRESHING TO BE RELEVANT IN THE 21ST CENTURY
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Open L070-CC-CORE-CONCEPTS
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COST, PRICE AND VALUE
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COST, PRICE & VALUE
ACCOUNTING FOR COST AND PRICE GIVES A RESULT CALLED PROFIT
THERE IS NOTHING IN CONVENTIONAL ACCOUNTING FOR VALUE
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Open L0700-CC-Cost-Price-Value
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DATA AT THE CENTER
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DATA AT THE CENTER
EVERYTHING SHOULD BE NUMBERED TO UNDERSTAND CONNECTIONS
BALANCE SHEETS ARE A LOGICAL WAY TO FACILITATE UNDERSTANDING
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Open L0700-CC-DATA-AT-THE-CENTER
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DOUBLE ENTRY
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DOUBLE ENTRY
THIS CONCEPT IS THE BASIS FOR THE ENORMOUS POWER OF ACCOUNTANCY
IT SHOULD BE APPLIED TO SOCIAL AND ENVIRONMENTAL VALUES AS WELL
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Open L0700-CC-DOUBLE-ENTRY
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KEY PERFORMANCE INDICATOR (KPI)
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KEY PERFORMANCE INDICATOR (KPI)
A STREAMLINED WAY OF COMMUNICATING PERFORMANCE
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Open L0700-CC-KPI
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PERFORMANCE
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PERFORMANCE
HOW MUCH IS ACHIEVED RELATIVE TO THE NET RESOURCES CONSUMED
NOT WELL DEFINED FOR SOCIAL AND ENVIRONMENTAL PERFORMANCE
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Open L0700-CC-PERFORMANCE
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PROFIT AND LOSS ACCOUNT
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PROFIT & LOSS ACCOUNT
AN ACCOUNTING SUMMARY OF THE MONEY ACTIVITIES OF THE ENTITY
THE EQUIVALENT ARE NEEDED FOR IMPACT ON SOCIETY AND THE ENVIRONMENT
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Open L0700-CC-PROFIT-AND-LOSS-ACCOUNT
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PROGRESS
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PROGRESS
THE EASIEST MANAGEMENT METRIC FOR PROGRESS IS CHANGE IN STATE
THIS SHOULD BE DONE FOR SOCIAL, ENVIRONMENTAL AND ECONOMIC CAPITALS
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Open L0700-CC-PROGRESS
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PURHASING POWER PARITY (PPP)
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PURCHASING POWER PARITY (PPP)
A WAY TO BRING COMPARABILITY TO DIFFERENT ECONOMIC SETTINGS
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Open L0700-CC-PPP
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RESPONSIBILITY ACCOUNTING
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RESPONSIBILITY ACCOUNTING
WITH THIS APPROACH A 'PERSON' BECOMES IDENTIFIED WITH PERFORMANCE
THIS TECHNIQUE IS VERY POWERFUL AND VERY UNPOPULAR
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Open L0700-CC-///
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RETURN ON ASSETS EMPLOYED
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RETURN ON ASSETS EMPLOYED
RARELY USED BUT A GOOD WAY BETTER TO UNDERSTAND PRODUCTIVITY
STRIPS AWAY MOST OF THE GAMING OF RETURN ON INVESTMENT REPORTING
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Open L0700-CC-//
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RETURN ON INVESTMENT (ROI)
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RETURN ON INVESTMENT (ROI)
A WIDELY USED METHOD OF COMPARING BUSINESS PERFORMANCE
VARIOUS TRICKS ARE USED TO IMPROVE ROI THAT HIDE THE TECHNICAL REALITY
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Open L0700-CC-//
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VALUE ADD
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VALUE ADD
PROFIT IS THE VALUE ADD FOR THE ECONOMIC DIMENSION
THERE IS SOCIAL VALUE ADD AND ENVIRONMENTAL VALUE ADD AS WELL
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Open
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VARIANCE ANALYSIS
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VARIANCE ANALYSIS
THIS IS A VERY POWERFUL MANAGEMENT TOOL
ESSENTIALLY IT COMPARES ACTUAL PERFORMANCE WITH A BUDGET OR PLAN
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Open
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SITE COUNT
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Copyright © 2005-2021 Peter Burgess. All rights reserved. This material may only be used for limited low profit purposes: e.g. socio-enviro-economic performance analysis, education and training.
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