Domestic Well- Being Accounting

 

Accounting for a Better Life - Sample Reports

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The new Domestic Financial Factors (DFF) replace the twenty or more
Business Ratios, typical of business management accounting.

Once a reservoir of DFF values has been accumulated, perhaps using
simulation, they will provide a baseline of domestic norms, against which
domestic users can compare their own values.

Any individual value associated with a particular family size, has the potential
for use in comparisons and other statistical analysis, against similar sized
families in other regions and internationally, amongst other countries.



































Even without the benefit of accumulated values, an individual family will be
able to use their figures for internal comparisons, year on year.  This, as a
basis for decision making on how best to plan for required changes in order
to manage problem areas (e.g. potential debt) and generally, improve
lifetime domestic well-being.


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copyright 2006 John Passmore