ABSTRACT
The purpose of this chapter is to come up inside accounting in a way that both meets the epistemological challenge is all about and gives a practical basis for managing economic affairs after the global financial crisis. To appreciate the point of financial literacy, we need to look at accounting in some detail in terms of both its monetary and its epistemological significance. Once we understand that inherent regulation and differentiated money can be given practical expression in the way we account for our economic activities, it follows that we can organise our activities in the light of accounting. The approach to finance described here is not only conceptually viable and capable of micro-economic application, it places the human being at the very centre of modern economic life rather than at the periphery, requiring heightened responsibility. Central to Rudolf Steiner's economic thinking is the idea that such a consideration has, or ought to have, the status of a theorem.
