[Deleted]
account for, accounting for, accounted for, having accounted for I'm struggling to understand account for, accounting for, accounted for, having accounted for in sentences. Can you go over my understanding of the prhases? I guess "failing to account for it gives a poorer" means 'failing to understand it gives a poorer', and "more children are defined as poor after accounting for housing costs than before these are accounted for" means 'more children are defined as poor after reporting housing costs than before these are reported', and the last "income is available after having accounted for housing costs" means 'income is available after having recording housing costs". Did I guess correctly? : "Housing is a large and fixed element of family spending and so failing to account for it gives a poorer understanding of the disposable income actually available to the household. Further there is also the perverse effect that, under this regime, housing benefit payments will be included as income. Someone with high rent and housing benefit payments to cover some or all of it would therefore show up as having quite a high income, even though they may experience a low disposable one. Since more children are defined as poor after accounting for housing costs than before these are accounted for, then the switch reduces the number of children defined as poor." "The reason for continuing to take account of the AHC measure is that housing is both usually the largest item of spending and is one which does not tend to vary from week to week. In consequence a more accurate understanding of the income is available after having accounted for housing costs (often called disposable income)."
May 21, 2015 1:26 PM
Corrections · 5
1

“Accounting for” has a couple of definitions:

In this context it is talking about value. 

<ol> <li>My rent is $500/ month, but if I “Take into account/ account for” my utility bills, my rent is actually $650/ month.</li> <li>My rent is $650/ month, but if I “take into account/ account for” my roommate paying half of the bill, my rent is actually $325/ month.</li> </ol>

So an amount changes when you “account” for something.  Accounting is addition and subtraction!  It is not “reporting, understanding, or recording”.  It is adding or subtracting value.

 

“failing to account for it”:  It is not “understanding”.  It is a change in value.  A family has $1200 every month.  But every month they have to pay $600 dollars for their house.  Do they actually have $1200?  No. You only think they have $1200 because you have “failed to account for” housing.  It isn’t that you don’t understand, but you have not added it to the equation.

 

“more children are defined as poor after accounting”: It is not “reporting”.  If I say, “Children are poor if their parents “bring home” less than $1000/ month.”

Not accounting for housing: $1200/ month: Not poor.

Accounting for housing: $600/ month: Poor.

 

“income is available after having accounted”: The key part of this sentence is “accurate understanding” of the “available income”.  I can say, “he has $1200 every month to spend!”  This is not “available income”. Why?  Because he HAS TO spend $600 on housing.  

May 22, 2015
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