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Accounting
Accounting or accountancy is the measurement, processing and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms 'accounting' and 'financial reporting' are often used a
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The totalising trend of money and its conceptual equivalence to utility or goodness is responsible for the lunacy of current economic accounting, in which phenomena like cancer, toxic water leaks, divorce, imprisonment, and so forth contribute to GDP - the total value of all "goods" and "services". As long as the damage caused to people, cultures, and ecosystems is not denominated in money, it is in the realm of other, off the balance sheet...To the extent that we identify with our communities,
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― The Ascent of Humanity: Civilization and the Human Sense of Self by Eisenstein, Charles
― The Ascent of Humanity: Civilization and the Human Sense of Self by Eisenstein, Charles
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