On Statistics and Harmonization:

Social Statistics rely on a common ground of measurement to ensure comparability. That key ground refers to Harmonization, without which you cannot know if one data set matches the next. Since Statistical Studies adhere to Individual Tests of Data it is important to understand how those tests are Harmonized (meaning Standardized) to insure comparability of Statistics from one point to the next. Why does this matter? - for one thing since Economics, Science, Governance, Trade and Monetary Policy ALL connect to Statistics... you need to make sure that the principles align. Act otherwise and be certain to obtain a less than favorable outcome in relation to predictions if you are mapping across unalike data sets.

Will share more on this with time.

The Money Supply is measured by M1 + M2 in Monetary Policy this educational graphic from the Fed explains the measures of M1 + M2

link back to illustration http://www.slideshare.net/FRBSFWeb/the-money-supply-measuring-m1-m2-february-4-2013 (this link was taken down we will update it with time). The key point is to understand that this is an example of one form of an Economic Measure. That is the Supply of Money.

In the same way that Standards and Measures apply to goods and services, the are central to the process of Accounting and Finance to verify results and comparability from one set of Entity Data to the Next. Learn more on our Indusrtry Feeds page which is an essence a resource on Accounting Standards. The key Standards at work are GAAP and IFRS but each Nation, State and Locality also tends to have a number of elements measure on their own account for Taxation, Compliance and Country or Location Specific Rules to Financial Reporting and Accounting.

Accross our lines you will find many resources dedicated to the many points of measurement of Financials in the Economy from Industry, NGO / Non Profits, and Governance lines that ultimately support Individuals and Families in the Economy. We have seen that in this new age of Technology and Big Data that there is more knowledge than ever accessible and that one of the key challenges for next wave practitioners can be where that data maps to real value on Financial Decision Making. We have explored the many lines where Tachnology works as the Data, Analysis and Communications platform of Connection, the new meeting grounds of the Global Economy. 

While Technology will never replace the human element or the needs for people and services, the human element, there is a relevant place for technology as a tool to get things done and as a performance improver to the degree aligned for Improvements. Our realm and scope of knowledge conforms to Accounting, Financials, Taxation, Analysis, Compliance and wide ranging resource where Entity Micro Financials map up to the broader lines of Macro Financials, Economics, Statistics, Governance, Policy, Industry, Laws, Rules, Financials and the points where we ALL meet on Financial Decision Making as end point stakeholders in Individual / Family roles.

Regardless of the Industry, Non Profit or Governance role you work in the key point on the Domestic Economy (which is also true in the Global Economy) is that you are a Financial Decision Maker with real impact through Decision Making. Our role on Services is to help on Financial Decision Making with knowledge awarness for applied services in support of Leadership Decision Makers.

The experience of workflows in Investment Management provided us with a more than standard ability to see the interconnection of the Economy across Sectors and granted the challenges in the Economy, the Goal has been to deliver services and to help in as many ways as we may on improvements. That starts with a significant volume of Financial Decision Making Research into the lines of the Economy and the many points where Financials guide decision making.

The CFO / Controller role is a dual role to support strategy and to control resources which is fundamentally a micro economic role to govern scarce resources in relation to a broader Macro Economy and it's opportunities. With that core knowledge you can understand every point that we relate to and understand why we find it important and how we see that the knowledge can help.

A great strategy doesn't always meet optimal success so we accept that there will be ups and downs, but universally the one attribute once gained which can never be reversed is the knowledge gained. We infuse knowledge to every line of services an invariable stand better for the experience of having explored to learn and more extensively understand the fullest lines of connection of Financial Decision Making in the Global Economy.

If you can understand Macro Scale Problems of Global Importance and that is your daily line of training, then how much easier it can be to help an Entity in it's role in relation to the Economy - whether that role is in Industry, Governance, NGO / Non Profit or Individual / Family Business capacity. The knowledge is the line that never goes away - for once you have trained yourselve to work cross functionally as a problem solver who can map in the Economic, Statistics, Government, Policy, Legal, Societal, Financial, Industry, NFO / Non Profit and Individual lines to financial decision making you have substantially expanded your value to any needs on Financial Decision Making. That's what we do to build for success with knowledge capital. Since there is no Monopoly on Knowledge Capital it is the true currency of Entreprenuers seeking to succeed. Finding the nuggets of knowledge that are the pearls of opportunities, success, the chaning winds of the Economy and points where an entity can succeed.

We value you and your key role on Decision Making and this all reverts back to a goal to be the best support we can be to your needs on services. Follow with us on the many lines of research and you will see that we have considered and connected on many of the most important needs we all face.... through Financials.

This line on measurements is a ket point to explain the greater connection of this to our knowledge enrichment strategy for Entities. 

We are here to connect in support of Financial Decision Makers on Applied Services through Financials and Corresponding Research. Learn more at DCarsonCPA by LOBs on Services or e-mail us at info@dcarsoncpa.com .