How We Came to Discover the New Accounting

It so happened that, while developing our own accounting software, we did not seek help or consultations from professional accountants. Since childhood, I have been passionate about mathematics and was considered the best in this field, both at the school where I studied and while obtaining higher education at two of the best universities in the country, which at that time had high global status. The foundation of the specialties I received was mathematics. As a result, I developed a mathematical mindset. Consequently, when developing our own accounting software, we focused on simple mathematical logic and the needs of business.

During the development of the software, I also created a graphical representation of accounting processes. We were simply amazed by the beauty and power of double-entry accounting and realized the wonders that could be achieved through it. As a result, we developed the Special Graphical Accounting Dashboard (SGAD), which allows one to instantly see and understand the entire financial picture of the state of any economic entity.

We were also surprised to discover that with the help of this SGAD, almost anyone can easily be taught the basics of accounting—from teenagers to elderly housewives—and it can be done in just one lecture. I invite anyone who would like to verify this.

Using SGAP, we also saw the weak points of the existing accounting systems and understood why such strange and contradictory rules had been adopted, rules that contradict elementary mathematical logic and even common sense. For instance, under current accounting practices, regardless of payment, the transfer of illiquid assets to the outside world (to customers) is recorded as revenue, while the receipt of assets from suppliers, on the other hand, can be recorded as costs. We also questioned why tax liabilities arise independently of the receipt of funds, and conversely, why tax reductions can occur without the payment for received assets. Moreover, we also understood why there are different rules for registering the movement of liquid and illiquid assets, which essentially should not be the case, and much more.

But most importantly, thanks to the SGAD we created, we were able to develop the Digital Accounting Protocol (DAP), which implements a New Concept of Accounting, providing the most accurate financial snapshot of any economic entity at any point in time. This is something businesses, especially small and medium-sized enterprises, urgently need today, as most of them operate almost blindly.

For additional information, I would like to invite you to review the documents, the links to which are provided at the end of this document.

I would also like to invite you to a meeting, either in person or via ZOOM.

In general, we believe that thanks to our SGAD, DAP, our own accounting software, and the knowledge and experience we have gained, we have every chance to surpass companies like Apple, Google, and the like in terms of capitalization. Therefore, investors who invest in our project have a good chance of earning a 1:1'000 return or more.


Oct 9, 2024


Alexander Kheylik
@orsox
calendly.com/arvut

arvut.ch/en/acdc
arvut.ch/en/1494
arvut.ch/en/dap
arvut.ch/en/robot
akounting.pro