Balancing Values and Effects
We regret to inform that, in light of the current situation, the first edition by a renowned publisher has been postponed to the beginning of 2021. You can, however, preorder the book.
As an incentive to generate interest in preorders, we can also send you a White Paper upon request.
Along with financial transparency, we enhance the balance sheet around cultural, sustainable, or environmental factors, and render them measurable and visible.
Do balance sheets reflect the actual circumstances of an enterprise? Do they thoroughly and truthfully represent corporate processes? For most employees and management, balance sheets are actually boring. It’s not fun to spend time on them. Let alone generating them.
Value Balance is a novel system for comprehensive accounting and balancing. Using enhanced methods, a traditional balance sheet gets redimensioned around social, environmental, sustainable, and cultural factors, by way of actual bookings, not through attached annotations. In that regard, formulating which values play which roles for an enterprise becomes particularly significant. The first question here is “Which values are important?” Second: “Will these values reflect on the balance sheet? Third, figure out if and to what extend these values generate revenue or income.
Let us analyze some 120 values of interest in the Western world. What is interesting here is that there are innumerable values that leverage added value, but they have not been recognized on the balance sheet, at least until now. We intend to change this by appreciating values and by bringing them to the attention of the enterprise. This intention equates to a journey to the land of values. Engaging with one or more values could cause effects which inherently add value for the enterprise, combined with the basic matter of how a value is measured.
Among other things, measuring values also improves clarity in corporate processes and decision-making. Tracing and assessing the effects of corporate decisions in the future is also useful. An ordinary balance sheet and basic points of view are thus complemented and taken to the next level. Our method taxonomy prevents overlooking the fact that values and their onset are crucial for every enterprise.