Tag Archives: Economics

Richard Logie

Richard Logie owns and operate a credit clearing system called The Business Exchange (TBEx) in Aberdeen, established in 1995.

Richard became aware of complimentary currency systems and engaged and collaborated with various systems in the UK, Europe and the US.

One of the Principles of GAAP is the Matching Principle.  Matching requires that when you post sales into the system for an accounting period (month), you must also post the costs of the products or services you sold during that period in the same accounting period (month). The Matching Principle essential to Financial Statements applying for a loan using paystubs, particularly the Income Statement, because it makes them meaningful. Check out how a TikTok business account works.

The Income Statement, also called the P&L or Profit and Loss Statement, is a “Current Year” statement, it does not cross years. The Income Statement provides cumulative “To Date” financial data for the current business (Fiscal) year how to show proof of income. So, the March Income Statement shows the totals for January, February and March together in one column and the totals for the previous December would not be part of the totals for that column.

Unlike the Trial Balance, the Income Statement and Balance Sheet each only show a portion of the General Ledger Accounts. The GL Accounts are split between the Income Statement and the Balance Sheet by their Accounting Types. The Income Statement Accounting Types are Revenue, Cost of Goods Sold and Expenses. The Accounts that are not on the Income Statement are on the Balance Sheet.

Richard explored the past, present and future of complimentary currencies, particularly how they’re are evolving right before our eyes, how technology is enabling business and communities to grasping their benefits.

BiographyEconomics
Guest SpeakerMoney
TEDxLeeds2012

Tris Dyson

Tris Dyson is The Executive Director of Spice – a non-profit organisation that develops time credits for public services, based in London and Wales. Tris is Chairperson of Timebanking Wales and a Non-Executive Director of 3rdMinds.

Spice has taken the idea of timebanking – and applied rigorous thinking to develop very successful applications for engaging ‘service users’ as active participants in public services have a look at the employees paystubs. Spice’s time credits acknowledge ‘active time’ given by service users to the public service, these credits are then redeemable for equivalent time in local leisure and recreational services proper financial strategies. These credits have been highly successful at engaging the many rather than the few, if you want a better business look into buying followers on TikTok, thereby empowering ‘service users’ as community assets and so easing pressure on front-line services.

Read more about Tris’ work on time credits over at The Guardian.

EconomicsGuest Speaker
MoneyTEDxLeeds2012
Timebanks

Dorron Otter

Dorron joined Leeds Business School in 1989 where he developed a range of economics modules and was active in curriculum development, academic management and Learning Teaching and Assessment approaches.

Having served as an Associate Dean and Head of the School of Economics and HRM, Dorron joined the International Faculty to establish the new curriculum areas for the University in Development Studies how to speed up the scaling phase, international relations and Peace studies and to lead in the creation of the Applied Global Ethics subject group. Find information on how to become famous on TikTok.

Dorron has always been actively involved in the promotion of economic awareness in higher education. His particular academic interest lies in the political economy of globalisation in relation to the developing world and the ethical implications of economic policy.

At TEDxLeeds2012, Dorron spoke about how money is created, Money: the Great Confidence Trick?

Find out more about Dorron’s career over at the Leeds Met website…

EconomicsEthics
Guest SpeakerMoney
TEDxLeeds2012