Thanks Michel for http://p2pfoundation.net/Category:P2P_Accounting I d be interested to understand if *Momentum accounting / triple-entry bookkeeping* http://en.wikipedia.org/wiki/Momentum_accounting_and_triple-entry_bookkeepin... differs, or how it differs, or how it can compatible with *triple bottom line* http://en.wikipedia.org/wiki/Triple_bottom_line *"captures an expanded spectrum of values and criteria for measuring organizational (and societal) success: economic, ecological, and social. With the ratification of the United Nations<http://en.wikipedia.org/wiki/United_Nations> and ICLEI <http://en.wikipedia.org/wiki/ICLEI> TBL standard for urban and community accounting in early 2007, this became the dominant approach to public sector <http://en.wikipedia.org/wiki/Public_sector> full cost accounting<http://en.wikipedia.org/wiki/Full_cost_accounting> ."* by the way, as a zoom out, interesting prezi presentation ( may 2011 ) from Arthur Brock leading to visualize developments till "information economies" in a systems paradigm http://prezi.com/xmzld_-wayho/new-economy-new-wealth/ On Thu, Dec 22, 2011 at 2:33 PM, Michel Bauwens <[email protected]>wrote:
see also http://p2pfoundation.net/Category:P2P_Accounting
New metrics, evaluation and accounting methods appropriate for a collaborative, peer to peer economy.
---------- Forwarded message ---------- From: Dante-Gabryell Monson <[email protected]> Date: Thu, Dec 22, 2011 at 7:48 PM Subject: Momentum accounting and triple-entry bookkeeping To: [email protected]
http://en.wikipedia.org/wiki/Momentum_accounting_and_triple-entry_bookkeepin...
*Momentum accounting and triple-entry bookkeeping* is an alternative accountancy <http://en.wikipedia.org/wiki/Accountancy> system developed by Yuji Ijiri <http://en.wikipedia.org/wiki/Yuji_Ijiri> and is the title of the 1989 monograph that he wrote.[1]<http://en.wikipedia.org/wiki/Momentum_accounting_and_triple-entry_bookkeeping#cite_note-0> It is hard to imagine alternatives to the universal system of double-entry bookkeeping <http://en.wikipedia.org/wiki/Double-entry_bookkeeping>, but this is one.
In regular, double-entry bookkeeping, changes in balances such as earning revenues and collecting cash are recorded. These events are recorded with two entries, usually a debit and a credit, assigned on a given date. In momentum accounting, changes in balances are the recognized events. For example, an acceleration in revenue earning, such as a $1,000 per period increase of revenues from $10,000 per month to $11,000 per month, is a recordable event that would require three entries to implement.
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