image missing
Date: 2024-06-30 Page is: DBtxt003.php L0900-TVM-enhancing-accountancy-05a
TVM ENHANCING ACCOUNTANCY - #5
HOW ECONOMIC ACTIVITIES CHANGE CAPITALS
GO TOP SiteNav L0700-SN-07-TVM-MANAGEMENT Open L07-07-TVM-MANAGEMENT
  • Conventional financial accounting generates Balance Sheet and P&L Account of business performance
  • TVM enhanced impact accounting generates reporting about people impact as well as other social and environmental impact ... used to reflect impact accounts
A business should be put in the context of ALL the CAPITALS ... that is Social Capital, Natural Capital and Economic Capital.
In this graphic the SUN is also included as a reminder that without the sun, the planet earth would be very cold and life impossible.
Conventionmal financial capital and the accumulation of financial wealth is included in Economic Capital.
SITE COUNT Amazing and shiny stats
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.