Preview

Unified Field of Accounting

Good Essays
Open Document
Open Document
878 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Unified Field of Accounting
Unified Field of Accounting Accounting is generally regarded as a mathematical discipline founded on mathematics. However, as the unified field chart created by Maharishi University of management shows, accounting is a Multi-layered discipline founded in the unified field of natural law. Maharishi explains that "cosmic intelligence, absolute intelligence of Natural Law, displaying its infinite managing power in the orderly administration of the ever-evolving, ever-expanding universe." - Yogi, M. M. This absolute intelligence is the foundation of the 6 levels of the Unified Field chart [1] of accounting. It all begins in the unified field where the feedback loop completeness and steps to success are formed followed by the creation of the economic entities and the construction of the conceptual framework. Next, is the creation of the rules and laws that regulate the conceptual framework; next, the accounting for transactions and the accounting results. The Unified Field of all the laws of nature “Endowed with invincible organizing power, natural law manages the universe without a problem, and maintains automation in Cosmic Administration”- Yogi, M. M. The first level of the unified field is the basis for the creation of any natural system supported by natural law. The Unified Field is the natural law that creates a self-referral loop and the steps for success. In consciousness thoughts are aligned with nature and are conducive to successful action. Success comes from a well-formed thought that is in tune with natural law. The awareness of the available resources and a synthesis of thought and resources produce an efficient successful outcome. It is most efficient to cultivate a state of consciousness as this leads to an efficient and expedite formation of thought. [1] With the evolution of cultural, political, social, and economical environments a need to record the transactions of wants and needs among the various groups emerged. The creation of


References: Yogi, M. M (1995). Transcendental meditation: Maharishi Mahesh Yogi and the Science of creative intelligence. ([1st ed.). New York: Dutton. [1] Maharishi University of Management, Accounting Unified Field Chart.

You May Also Find These Documents Helpful

  • Good Essays

    Accounting - Chapter 1

    • 1205 Words
    • 5 Pages

    Accounting is a system for gathering data about an entity’s economic activity, processing and organizing the data and in turn, communicating that information to people who want to use it to make decisions.…

    • 1205 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Accounting and finance

    • 313 Words
    • 2 Pages

    Rio Tinto PLC's payables turnover declined from 2010 to 2011 and from 2011 to 2012.…

    • 313 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Accounting basically is the way finances are recorded by an organization or entity, to show profit and losses in a given period which is usually over a year’s time. It also consists of preparing a balance sheet to show what the financial position is of the organization at specific time frame. Many refer to accounting as a sub function of finances and is an integral part of how an organization makes financial decision for the treatment of their funds.…

    • 683 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Accounting is specifically “a system by which economic information is identified, recorded, summarized and reported for the use of decision makers”; however, accounting involves interpretation and analyzing of all financial information, including taxing, personal financial information and investment (Alba, Bathija, & Thonton, 2005). Accounting is defined as the language of business, in that it specifically records the financial data that is required for businesses to operate both efficiently and effectively. Modern accounting includes investigation, forecasting, analyzing, compliance, as well as record keeping and report generation (Gaylord & Ried, 2006). Accounting is said to be a service activity designed to accumulate, measure, and communicate financial information about businesses and other organizations and to provide information for making informed decisions about the business and about how to best utilize resources within the business (Albreacht, Stice, Stice, & Swain, 2008). Accounting leads to the generation of reports and documents, which include financial statements. If accounting is the language of business, then accounting financial statements are the dictionary that defines the terms and the rules of the language (Horngren, Harrison, & Oliver, 2012).…

    • 1445 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Accounting is a kind of activities which started from ancient times. when people know how to keep information, they began to find ways to keep those information and want to show others, such as the mural which can keep a scene for other people to see what happened in that particular moment and use shell to do account activities. In other words, accounting is a human activity which uses a “thing” represents another original one, and this practice, which can be called the process of representing (Lightfoot 2012. P. 3). However, the “thing” we often use is not completely the truth, like Armstrong (2002) mentioned, the accounting activities are not like a printer to copy the reality, it does not just show you the accounting report to give you a statement that maybe the truth, or maybe not. Armstrong (2002) prefers to treat accounting as a social activity, in his theory, social element such as human understanding, personal interest and social environment can greatly affect accounting activities, because the account report must be read by someone, and the contained information should be used by those specific people in order to know the general situation and then make decisions (Yong, 2006 cited in Paton and Littleton, 1940). Throughout the whole process, it may be a question about whether the information can…

    • 3176 Words
    • 13 Pages
    Best Essays
  • Good Essays

    Accounting is all about financial information —capturing it, recording it, configuring it, analyzing it, and reporting it to persons who use it.…

    • 346 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Accounting is a body of principles and conventions as well as established general process for capturing financial information related to an entity’s resources and their use in meeting the entity’s goals (Kaliski, 2007). It is essential for companies to have educated and trained accountants to analyze and maintain their financial information. Accountants use four different types of financial statements to accomplish this.…

    • 632 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Accounting is the process of identifying, measuring and communicating economic information (transactions) of a business to a variety of users for decision making purposes.…

    • 1509 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Mindfulness

    • 1262 Words
    • 5 Pages

    Today the theory was about mindfulness, and I have to admit that I didn’t know the true depth of its meaning. With my newly acquired knowledge I am aware that it is yet another incredibly deep meaningful hypothesis with a myriad of philosophical approaches. In this journal I will endeavour to provide a clear (concise as it can be) overview of mindfulness.…

    • 1262 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Let’s start by defining accounting; “Accounting is the information system that measures business activity, processes the data into reports, and communicates the results to decision makers, it’s the language of the business.”…

    • 609 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Accounting is a business discipline that allows companies to record, analyze, and retrieve critical financial information that can be used to determine a company 's financial status. Its purpose is to help people understand what is going on financially within an organization provide reports and insights needed to make sound financial decisions. Effectively communicating this information is key to the success of every business. This information is reported in the form of four financial statements.…

    • 1007 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Since an early age I have had a passion for learning and knowledge. I find business, finance and economics captivating and with everything I learn I find I want to know more. I have always had a strong interest in Mathematics. In my opinion, Accounting is the meaning of organize, structure and the center of every business. Accounting can be used in different part of life, from a basic family to the biggest company or government, it is one of the most shared and important part of the total structure. It is not only about money, it is about teamwork and collaboration. All these points together make me feel accounting is a fascinating subject and I want to connect that interest into my current profession.…

    • 566 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Financial Accounting

    • 3208 Words
    • 13 Pages

    * It provides you information about learning resources, infrastructure and virtual learning environment for studying MBA with the University of Bedfordshire.…

    • 3208 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Accounting is a glorious but misunderstood field. The popular view is that it's mostly mind-numbing number-crunching; it certainly has some of that, but it's also a rich intellectual pursuit with an abundance of compelling and controversial issues. Accountants are often stereotyped as soulless drones laboring listlessly in the bowels of corporate bureaucracies. But many accountants will tell you that it's people skills, not technical knowledge, that are crucial to their success. And although it's often thought of as a discipline of pinpoint exactitude with rigid rules, in practice accountants rely heavily on best estimates and educated guesses that require careful judgment and strong imagination.…

    • 5794 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    Sri Aurodino

    • 6573 Words
    • 27 Pages

    The process by which the Energy of creation emerged from a timeless, spaceless, ineffable, immutable Reality, Sri Aurobindo refers to as the Involution. In that process the Reality extended itself to Being/Existence (Sat), Consciousness (that generated a Force) - Chit; and Delight (Ananda)-- self enjoyment in existing and being conscious. Through the action of a fourth dimension, Supermind (i.e. Truth Consciousness), the Force (Chit) of Sat-Chit-Ananda was divided into Knowledge and Will, eventually formulating as an invisible Energy that would become…

    • 6573 Words
    • 27 Pages
    Powerful Essays