Open Budgeting Standard: Difference between revisions
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[[Category: Business/Economics/Finance]] |
Revision as of 23:50, 19 March 2021
Basics
- A Standard for How to Have Transpatent Accounting for a Business / Larger NGO
- Essentially shows "where each dollar goes" (to an almost hyper-specific extent)
- Thus it (should) be incredibly hard to hide fund siphons / "overpricing"
- It works in combination with Open Pricing Standard to form the basic structure of the Open Source Econonmy (transparent economy may be better branding?)
- Given this is far more complex a topic than the Open Pricing Standard (which is complex in it's own right) this page/topic may need an acocuntant SME for proper writing about what this could look like / anything similar currently in existence?