Tiara

"Accounting for a better life" is a book in which John Passmore proposes a new simplified approach and playful, home, and personal and financial accounting. The new methods, based on what he calls, welfare national accounts allow people to gain control of their personal affairs and domestic financiers. The system provides the visibility needed for users to know exactly what their money is spent and how well-balanced spending is compared to its distribution. The balance between the needs and basic household responsibilities, discretionary spending on holidays, leisure and entertainment, and the provision for future well-being. Knowing the current spending habits and past, users can determine where and how the changes might be needed. Budget and associated comments, facilitate monitoring of that financial planning. The author believes that the new methods have the potential to be adopted as a formal sub-discipline of business accounting, eventually perhaps, with appropriate cer...