Unified Field of Accounting Accounting is generally regarded as a mathematical discipline founded on mathematics. However, as the unified field chart created by Maharishi University of management shows, accounting is a Multi-layered discipline founded in the unified field of natural law. Maharishi explains that "cosmic intelligence, absolute intelligence of Natural Law, displaying its infinite managing power in the orderly administration of the ever-evolving, ever-expanding universe.
" - Yogi, M. M. This absolute intelligence is the foundation of the 6 levels of the Unified Field chart [1] of accounting.It all begins in the unified field where the feedback loop completeness and steps to success are formed followed by the creation of the economic entities and the construction of the conceptual framework. Next, is the creation of the rules and laws that regulate the conceptual framework; next, the accounting for transactions and the accounting results. The Unified Field of all the laws of nature “Endowed with invincible organizing power, natural law manages the universe without a problem, and maintains automation in Cosmic Administration”- Yogi, M.
M.The first level of the unified field is the basis for the creation of any natural system supported by natural law. The Unified Field is the natural law that creates a self-referral loop and the steps for success. In consciousness thoughts are aligned with nature and are conducive to successful action. Success comes from a well-formed thought that is in tune with natural law.
The awareness of the available resources and a synthesis of thought and resources produce an efficient successful outcome. It is most efficient to cultivate a state of consciousness as this leads to an efficient and expedite formation of thought. 1] With the evolution of cultural, political, social, and economical environments a need to record the transactions of wants and needs among the various groups emerged. The creation of exchanges from one member or members of society to another creates a transaction.
These transactions provide information to the various members of society who derive some effect from these transactions. The members of society are sporadic, the transactions aren't defined and the information about the transactions are rough and without form. 1] The conceptual framework of accounting is made up of entities, measurement processes and the objectives and characteristic of the information needed. With the accounting of transactions economic entities are defined and measurement processes are created and the information required is clarified. Once a need and recognition of the value of information was acknowledged the need for a conceptual framework of accounting came into being. Once the conceptual framework is created a need for rules and laws that enforce the standards, principles, and codifications are formulated to meet the needs of the economic entities.
1] The rules and laws created to structure the conceptual framework are created by government, professional associations, and guiding organizations. These organizations help formulate processes that create the rules and laws that focus the conceptual framework towards the needs of society. This begins with the formation of guiding organizations such as the SEC and the formulation of processes such as legislative due process. The fourth level ends with the formulation of rules and laws such as standards, principles, codifications, statues, interpretations, and regulations.When the process of accounting and regulating of transactions is complete. The methodology of accounting is ready to begin and accounting for transactions begins with the application of personnel, process, and finally product.
[1] Accounting for transactions begins with the division of personnel organized in a vertical increase of complexity and responsibility in creating the information required by the economic entities of society. The division of personnel is then followed by the processes, which gather the information necessary to build the final product.With the completion of the accounting for transactions, economic entities are able to achieve the accounting results of prosperity and progress that accurate information should support. [1] “Maharishi’s Master Management comes from Maharishi Consciousness-fully awake, fully alert intelligence of self-referral consciousness—the fully alert, fully awake intelligence within every grain of creation and within the universe as a whole. ” – Yogi, M. M.
With the support of the unified field the accounting results are the useful information for decision-making, planning and control. 1] This clarity creates prosperity and progress for the economic entities that need the information for the orderly work of capital markets, eradication of poverty, national self-sufficiency and other economic benefits that can increase prosperity and progress. The unified field brings light to any process by highlighting the natural law in any successful system. The accounting of transactions follows a natural flow through the outline of interested members to the fruition of the results of useful information for decision-making, planning and control.The success in any system found in the clarity of the fruition of natural law in any step along the system.
However, if accountants and managers are willing to practice TM the natural horizontal progression of the unified field will create information that is useful for the investor and for society to create an efficient economy. References Yogi, M. M (1995). Transcendental meditation: Maharishi Mahesh Yogi and the Science of creative intelligence.
([1st ed. ). New York: Dutton. [1] Maharishi University of Management, Accounting Unified Field Chart.
