WORKING
DRAFT - C
File: TVA-p3-DRAFT-C-160416.odp Peter Burgess (c) All rights reserved
TRUE VALUE ACCOUNTING
CONTEXT
This slideset is a Work-in-Progress
and will be updated from time to time.
It is part of a series that aims to
enable better metrics for the complex
socio-enviro-economic system that
we all live in. Metrics are powerful,
but they must be the right metrics.
TRUE VALUE ACCOUNTING
Complex system … competing agendas
TRUE VALUE ACCOUNTING
TRUE VALUE ACCOUNTING
Peter Drucker, a well known
management guru famously said:
“You can't manage
what you don't
measure”
TRUE VALUE
ACCOUNTING
TRUE VALUE ACCOUNTING
MONEY
TRUE VALUE ACCOUNTING
TRUE VALUE ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
COMPONENTS OF US MONEY SUPPLY
MULTI DIMENSION IMPACT ACCOUNTING
US FEDERAL RESERVE ASSETS
MULTI DIMENSION IMPACT ACCOUNTING
US FEDERAL RESERVE ASSETS
TRUE VALUE ACCOUNTING
TRUE VALUE ACCOUNTING
P
TRUE VALUE ACCOUNTING
Components of this Complex System
… the set that starts with the letter P
TRUE VALUE ACCOUNTING
PROFIT
PROSPERITY
PEOPLE
POPULATION
PAYROLL
PRODUCT
PROCESS
PLACE
PLANET
POLLUTION
PRODUCTIVITY
PERSPECTIVE
PROGRESS
PERFORMANCE
PRICE
PLANNING
PURPOSE
Complex system … competing agendas
TRUE VALUE ACCOUNTING
YELLOW:
The PEOPLE piece … Human Capital (HC)
DIRTY BROWN:
The ECONOMIC piece … Man Built Capital (MBC)
GREEN:
NATURE, ENVIRONMENT … Natural Capital (NC)
COLOR KEY
TRUE VALUE ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
PEOPLE progressing
MBC* efficient
PLANET healthy
* MBC … Man Built Capital
TRUE VALUE ACCOUNTING
Period
1 2 3 4 5 6 7 8 9 10 11 12
HC
MBC
NC
TRUE VALUE ACCOUNTING
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
HC
MBC
NC
PROFIT
TRUE VALUE ACCOUNTING
TRUE VALUE ACCOUNTING
PRODUCTIVITY
TRUE VALUE ACCOUNTING
MULTI DIMENSION IMPACT ACCOUNTING
PERSPECTIVE
TRUE VALUE ACCOUNTING
PERSPECTIVE
TRUE VALUE ACCOUNTING
PLANET
TRUE VALUE ACCOUNTING
TRUE VALUE ACCOUNTING
PEOPLE
TRUE VALUE ACCOUNTING
TRIPLE
BOTTOM
LINE
TRUE VALUE ACCOUNTING
GRI
IR
SASB
TRUE VALUE ACCOUNTING
IMPACT
INVESTING
TRUE VALUE ACCOUNTING
SRI
ESG
CSR
Sustainability
Shared Value
TRUE VALUE ACCOUNTING
BETTER
MANAGEMENT
METRICS
TRUE VALUE ACCOUNTING
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
Fundamentals of the Socio-Enviro-Economic System
Human
Capital
Man Built
Capital
Natural
Capital
Hum
an
Capital
Man
Built Capital
Natural Capital
TRUE VALUE ACCOUNTING
Fundamentals of the Socio-Enviro-Economic System
Human
Capital
Man Built
Capital
Natural
Capital
TRUE VALUE ACCOUNTING
Fundamentals of the Socio-Enviro-Economic System
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
Man Built
Capital
Natural
Capital
Human
Capital
Split out Financial
Capital from other
components of
Man Built Capital
TRUE VALUE ACCOUNTING
Fundamentals of the Socio-Enviro-Economic System
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
SunSun
Man Built
Capital
Natural
Capital
Sun
Human
Capital
Add Sun … the
source of all energy
Split out Financial
Capital from other
components of
Man Built Capital
TRUE VALUE ACCOUNTING
Fundamentals of the Socio-Enviro-Economic System
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
SunSun
Financial
Capital
Human
Capital
Man Built
Capital
Natural
Capital
SunSunSun
Man Built
Capital
Natural
Capital
Sun
Human
Capital
Add Sun … the
source of all energy
Split out Financial
Capital from other
components of
Man Built Capital
Reorder because
Financial Capital
metrics exist
TRUE VALUE ACCOUNTING
STATE
and
FLOW
TRUE VALUE ACCOUNTING
PROGRESS
TRUE VALUE ACCOUNTING
STEADY STATE
TRUE VALUE ACCOUNTING
POSITIVE PROGRESS
TRUE VALUE ACCOUNTING
DETERIORATION OF STATE
TRUE VALUE ACCOUNTING
PERFORMANCE
TRUE VALUE ACCOUNTING
PERFORMANCE
depends on
PERSPECTIVE
TRUE VALUE ACCOUNTING
PRODUCT
and
PROCESS
TRUE VALUE ACCOUNTING
GOVERNMENT
ACCOUNTING
TRUE VALUE ACCOUNTING
PRIORITIES
TRUE VALUE ACCOUNTING
PEOPLE
TRUE VALUE ACCOUNTING
TRUE VALUE ACCOUNTING
TRUE VALUE ACCOUNTING
PLACE
TRUE VALUE ACCOUNTING
PRODUCTS
TRUE VALUE ACCOUNTING
REMINDER
This slideset is A WORK-IN-PROGRESS. It will be
upgraded periodically. It is part of a series of more than
100 slidesets. Navigation to these is available here:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=N1-Slidesets-p3
More about the True Value Metrics initiative is at:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0100-MainNav
FEEDBACK is welcome. Please email to Peter Burgess …
peterbnyc@gmail.com … with a catchy phrase in the
subject line so that it gets attention, and please identify
the specific slideset(s) or webpage involved.
TRUE VALUE ACCOUNTING
THANK YOU
Some links and contact information:
Email Peter Burgess … peterbnyc@gmail.com
Peter Burgess LinkedIn profile
https://www.linkedin.com/in/peterburgess1
Link to TrueValueMetrics.org website
http://www.truevaluemetrics.org/
Link to navigation to other resources:
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0100-MainNav#1
TRUE VALUE ACCOUNTING

TVA p3 DRAFT C