| Value Based Accounting Standards And Principles |
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Value-based accounting is an implementation of traditional accounting purposes and principles. It is designed to update Generally Accepted Accounting Principles (GAAP) to fit modern economic realities. One such value-based accounting model is Accounting For The Future (AFTF) which is completely described in the book Accounting For the Future and in related essays. This book and essays may be accessed at http://home.sprintmail.com/~humphreynash/Index17.htm AFTF simplifies, unifies and rationalizes accounting theory and practice. |
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