Accountancy is at the core of every business management information system. It is very powerful but has a singular focus on the profit performance of an organization ignoring all externalities.

TrueValueMetrics (TVM) is value accountancy that quantifies the impact of economic activity for society and the economy. TVM measures not so much how much bigger, but how much better.

The state, progress and performance of people, place (community), planet and profit (organization) are derived from the same data with multiple perspectives depending on the choice of reporting boundaries.

Value is quantified independently of money using a system of standard values. State is analogous to a balance sheet in money based accountancy. Progress is analogous to profit, and measured primarily by change in state.

Performance is the relationship between improvement in quality of life for people and the change in state of the place and planet.