tag:blogger.com,1999:blog-11965762.post111940898607653470..comments2007-04-15T13:13:27.044-04:00Comments on Lean Cincinnati: Throughput AccountingMark Windholtzhttp://www.blogger.com/profile/09321739799659802091noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11965762.post-1130423410049658962005-10-27T10:30:00.000-04:002005-10-27T10:30:00.000-04:00Great information here! I'm going to bookmark this...Great information here! I'm going to bookmark this page. Check out my <A HREF="http://www.sportcompactracing.net/info/?content=Computers" REL="nofollow">computer shopping</A> blog sometime.allfreeihttp://www.blogger.com/profile/16683124402079118912noreply@blogger.comtag:blogger.com,1999:blog-11965762.post-1130053084372265242005-10-23T03:38:00.000-04:002005-10-23T03:38:00.000-04:00It's tough finding good finance jobs information l...It's tough finding good finance jobs information like this. Have a look here <A HREF="http://www.sportcompactracing.net/info/?content=Finance" REL="nofollow">finance jobs</A> for some more good stuff if you get a chance.allfreeihttp://www.blogger.com/profile/16683124402079118912noreply@blogger.comtag:blogger.com,1999:blog-11965762.post-1126145215250832672005-09-07T22:06:00.000-04:002005-09-07T22:06:00.000-04:00I am not an accountant so forgive my ignorance.Cos...I am not an accountant so forgive my ignorance.<BR/><BR/>Cost accounting reflects the value of your assets at time of sale.<BR/><BR/>Transaction accounting reflects your profit potential over time.<BR/><BR/>I buy a house and it has asset value but less profit value. I rent that house and I have a profit value aswell. Then I realize I can buy a cheaper house and rent it for the same amount and make more profit. <BR/><BR/>Haven't production companies been trying to reduce assets to free up cash and work on fulfillment-at-time-of-sale systems? Anyway, this is off the point.<BR/><BR/>Your point being that your transactional value is a better reflection of your value than asset value.<BR/><BR/>Take an XP team that sits around all day. They have asset value if I can find someone to buy their time. If they start working they start getting transactional value as well.<BR/><BR/>A consulting company is basing its profit on the transactional value of the resource but pushes the assert value in its sales pitches about how cool their people are.<BR/><BR/>So, perhaps what I am trying to get at is that both forms of assessment are valuable depending on what your goal is. I don't see how I could value on over the other without knowing the goal of the valuation.Edward Sumerfieldhttp://www.blogger.com/profile/08964122250075165713noreply@blogger.com