The following is a presentation originally released as part of ledgerlearning.sharealedger.org, copied here as a very comprehensive view of Kip Twitchell’s work efforts over a number of years on ledger reinvention.  This is a video filmed in May 2019 at a presentation to alum of Geneva/SAFR practice from 30 years of work together.

This wide ranging discussion covers topics such as

  • What is the purpose of the General Ledger,
  • What is the CFO’s challenge in reinventing ledgers,
  • What a real shared ledger would look like, including prototyping screens,
  • Why do systems maintain balances,
  • How does one measure the cost of what financial systems or ledgers do,
  • Progression how a shared ledger will end up getting developed, and other topics.