            
                  


<h1 id="accounting">Accounting</h1>
<h2 id="recording-basic-economic-activity">Recording Basic Economic Activity</h2>
<p>The Valueflows vocabulary is based on the REA ontology (Resources, Events and Agents) the ISO Accounting and Economic Ontology, which was evolved for that purpose. (See Appendix for links.)</p>
<p>Since all the data is recorded as the economic activity happens and is represented in its most basic form, you can get separate accounting views for: a network,