Seattle Method

The Theory of Accounting and Control is a book by  Shyam Sunder ; James L. Frank Professor of Accounting, Economics, and Finance at Yale University. (This book is available on Amazon.com ) The following is a description of this book provided by the author. * * * Organizations are sets of contracts among individuals or groups who are motivated by self-interest to pool the resources and share information to achieve control in the organization. This book explores the role of accounting in implementing these contracts by controlling the resource flows among the contracting parties, and by reporting and distributing information to the current and potential participants. Epilogue All seven wonders of the world are physical objects we could see or touch. Humanity has always measured the accomplishments of its civilizations by “hardware,” from the Great Wall of China, the Pyramids, and the Taj Mahal to Apollo 13. Yet, the world is not ruled by brilliant engineers. The greatest accomplish...

Knowledge  is the most precious kind of information. Knowledge is awareness of facts, having learned skills, or having gained experience and familiarity with using the things and the state of affairs within some specific domain of knowledge. Knowledge is accumulated, trusted, shared, interpreted information which is understood within some specific context giving the information meaning . Meaning is not something inherent. Meaning is consciously and deliberately produced through shared human systems, shaped by context, and sustained by communities of stakeholders. A knowledge organization system (KOS) is a broad but neutral umbrella term that seems to be evolving and spans traditional library tools and modern information science and semantic web structures. Knowledge organization systems include a variety of approaches that are fundamentally used to organize, manage, and support retrieval and to make use of information. A knowledge organization system is a tool for organi...