Pranam
 how nicely you think. We have the unseen Karma account out of the prakriti
the nature. KR IRS

On Sun, 26 Dec 2021 at 06:28, Markendeya Yeddanapudi <
[email protected]> wrote:

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> *Mar**The Deceptive Accounting*
>
>
>
> *Suppose we shift accountancy from the present trader-centric accounting
> to nature-centric accounting. These are the days of technological
> advancements where the MRI machines are photographing thoughts themselves.
> It will not be very long, when not only thoughts but perceptions themselves
> will be captured by computers. Perceptions are always governed by nature
> and breathing plays a key role.*
>
> *It will not very difficult, to include, the effects on the
> Environment,Ecology,Society and on the whole economy, the activities of an
> undertaking, brings about.*
>
> *Under the present system of the Double Entry Book-Keeping, a transaction
> when it happens will be entered in the Journals or the Subsidiary Books—The
> Journal Proper, The Purchases Book, The Sales Book, The Purchases Returns
> Book, The Sales Returns Book, The Bills Receivable Book, and The Bills
> Payable Book. From there they will be posted into the ledgers. At the end
> of the financial year, the list of ledger balances called the rial Balance
> will be arrived at, and from there the profit made or loss sustained by the
> Trader will be arrived at. The Trader then gets the Balance Sheet
> statement.*
>
> *From this Trader-centric accounting, the shift towards Nature-centric
> Accounting can be introduced by posting as Journal Entries in the Journal
> Proper, the effects on the environment, ecology and the society. There will
> be ledger accounts for them in the Ledger and their balances can be seen in
> the Trial Balance.*
>
> *Then the final profit and Loss Account, will give a better picture of the
> effects of the undertaking.*
>
> *The present commercial paradigm that governs accounting shall be put to
> an end. There shall be the Service Accounting and not the rotten commercial
> accounting.*
>
> *Today, under the present system of accounting,environment,ecology and
> society are not even worth notice and they are just edited away.*
>
> *It will not be very difficult to introduce these shifts, as the number of
> shareholders in a concern runs into lakhs and the tycoons holding controls
> over them, are changed into environmentalists.*
>
> *Otherwise we may not be able to stem the brazen robbery of public sector
> undertakings.*
>
> *YM*
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