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Introduction to the Accounting Cycle
This week's post introduces the accounting cycle. Creating a single balance sheet as of today, or an income statement that reflects one's activity over the week is not too difficult to do. But financial reporting [...]
Introduction to the Income Statement
This week's episode of Conversations with Kip discusses what an Income Statement is, why it is important, how it is made and its relationship to the Balance Sheet. Although almost all financial analytics begins with [...]
Universal Ledger POC Results: Potential Infrastructure Software
In the spring of 2019 I undertook a study of potential infrastructure components that could be used to construct a Universal Ledger System. Here's a report of that effort: Components chosen included: Vagrant ContainersScala as [...]
Think Differently About Ledgers
Choose your level or subject area, and consider ledgers–the foundation of all business systems–in a new light