Quick practical question

Sebastian Cox
Sebastian Cox

Amateur accountant here. I was wondering how I would function in a fully communist country. Obviously I'd work exclusively in the private sector but what about the GAAP guidelines on formatting income statements and balance sheets on a basic level. Common stock or anything that has to do with securities is obviously gone, maybe we can replace it with central grants? What then what happens to dividends?

Accounts are based on a single management and while they vary changing on sole proprietors partnerships communism kinda goes to the extreme. So we can assume its under all a single account right? Like the collective assets are under a single factory where everyone has equal share. To just clear things up let's start at the basics and show me what a food production ledger would like with a balance column format before we get to complicated. How did the soviets manage accounts? Nothing in socialist literature touches on this so I'm just curious.

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citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.1004.9917&rep=rep1&type=pdf

Xavier Martin
Xavier Martin

*edit I'd work in the PUBLIC sector my bad on that flub.

Nolan Carter
Nolan Carter

I would function in a fully communist country
Speculation about something that doesn't exist is utopian

Xavier Moore
Xavier Moore

literally what do you do that couldn't be automated?

Landon Sullivan
Landon Sullivan

Killed.

NEXT

Leo Foster
Leo Foster

citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.1004.9917&rep=rep1&type=pdf

there are plenty of works on accounting in the USSR

Jason Cox
Jason Cox

Communism is cooperatives
Not really. The concept of private property in that sense is fin, over, no more.

If we dont need people to make balance sheets for the profits (since money wont exist anymore) you could pick up a trade that actually produces value for society.

Hunter Diaz
Hunter Diaz

In a very simple sense I analyze record and present financial data. AI-less automation helps me do this but you still need someone to feed data (analyze) make sure the data is appropriately sorted (record) and then presented in a format where someone in a manger position can easily see what needs adjustments based on where losses or profit is occurring (presenting) That last bit, presenting data, is the bulk of where my talents shine through beyond data entry. Having to explain in an efficient professional manner who is owed what in how much time and where stopgaps are in revenue. Offering solutions to potential fiscal disasters is a huge part of the job which requires a cognitive brain that understands language.
No no thats AFTER I fuck up.
Woof. Sure money doesn't exist but assets do. The purpose within the party will simply shift from revenue to production capital provided a lot of interesting information on how loans existed in the soviet union and how accounting and documentation was a part of everyday life. D accounts are very interesting.

Anyways efficiency is important to the collective labor right? Even if people don't mean to be leaches or lazy people are still imperfect so capital is mismanaged in ways they don't intend, and its impossible to know if its being mismanaged if there is no account of resources to production.

With that being said I'm starting to get a better idea of how to handle transactions post revolution. One thing I've realized that labor itself needs to be categorized to meet means. How would we numerically record labor to balance expenses? I'd categorize is as an asset but I guess it would belong to the stakeholder and not the factory itself. Agh the soviets made this so easy by just racking up liabilities and printing money, this is tough to wrap my head around.

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Michael James
Michael James

I haven't put input in a thread for a long time, but I felt obligated to comment on how eloquently you phrase your posts. Even if the content is dry economics, it's worded and written so well as to be a joy to read. This thread is also a very useful one as it presents, (and provides answers to), a very genuine question as to HOW some work fits in socialist economies. I salute you, your writing, your question and your oppai pictures!

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William Perry
William Perry

Many words Grug no know meaning of
how make work numbers
Grug think time other Grug makes work be made numbers
No smart grug.

In other cave there is strange animals with cheif named Ismail
Other cave is over there /marx/index.html
Grug think cheif Ismail smart

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Blake Allen
Blake Allen

Whos the whore in your pic?

Nicholas Kelly
Nicholas Kelly

dumb meme thread
<bumps regularly
socialist discussion thread
<barely gets 10 replies and only 1/2 are of any real intelligence past meme posting
Why?

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Jack Martin
Jack Martin

bump

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John Lee
John Lee

Honestly think you can answer this question better than anyone else here and would just like to hear what you yourself think you would be doing.
Do you know about Cockshot?

Chase Bennett
Chase Bennett

private sector
dividends
None of that would exist under communism.

Daniel Diaz
Daniel Diaz

She's 2D bro, she isn't real.

Nolan Morris
Nolan Morris

Ol-chan

Aaron Sullivan
Aaron Sullivan

thenx

Aaron King
Aaron King

You would get a real job rather than counting money you'll never see. Do you even know what Socialism is? You'll be able to be what ever you want but if you fail you can always be a construction worker.

James Rodriguez
James Rodriguez

There were accountants in the USSR. Even in an automated economy, you'd need people to maintain economic records.

Gabriel Martin
Gabriel Martin

Amateur accountant here. I was wondering how I would function in a fully communist country.
You wouldn't. Bourgeois accounting only exists in capitalism.

Hunter Bennett
Hunter Bennett

Maybe you should read Cockshott

Christian Hernandez
Christian Hernandez

Considering that there can be no positive vision of communism as such, I would only put forward the negative notion that, considering the abolition of the firm, as well as value, there would be, to put it mildly, no possibility of accounting in communism.

Cameron Gomez
Cameron Gomez

There's a book about accounting in ParEcon: "Anarchist Accounting". Dumbest shit I've ever read. So I basically agree with:

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