I would argue that a majority of the horrors we face would not have happened if the accounting profession developed and enforced better accounting.
There are three cardinal rules - don't take somebody else's boyfriend unless you've been specifically invited to do so, don't take a drink without being asked, and keep a scrupulous accounting in financial matters.
Aggressive accounting does not mean illegal accounting.
Life as we know it, with all its ups and downs, will soon be over. We all will give an accounting to God of how we have lived.
The first year, I didn't have much capital so I did everything myself. I had to keep my overhead low by learning everything about running a business, from accounting to fixing the gears of my equipment. I really started from scratch.
There's no business like show business, but there are several businesses like accounting.
The company accountant is shy and retiring. He's shy a quarter of a million dollars. That's why he's retiring.
Cost Accounting is enemy number one of productivity.
Without market prices for capital goods, accounting is not possible. You don't know if you are making money or losing money, saving resources or wasting them, doing the right thing or not doing the right thing.
I was never a Certified Public Accountant. I just had a degree in accounting. It would require passing a test, which I would not have been able to do.
I don't really care about money. I find money boring and accounting boring, so I'm probably not going to ever make a lot of money.
In the long run managements stressing accounting appearance over economic substance usually achieve little of either.
There is no business like show business. There is also no business like certified public accounting, but that doesn't rhyme as well.
Money is not worth dying for. I know, because years ago, while nearly a million dollars in debt, suicide was an option. Rather than run, rich dad suggested I write down all the mistakes I made and then seek help. If I made accounting mistakes, I talked to an accountant. If there was a legal mistake, I talked to an attorney. That was my way out. That is how I got smarter.
There’s no accounting for the mysteries of the human heart
Accounting is a big subject and there are huge forces in play. The entire momentum of existing thinking and existing custom is in a direction that allows terrible follies to happen, and the terrible follies have terrible consequences.
history, like nature, has its own economy, its own balancing of forces in the final accounting. Nothing can be lost, except to awareness.
Creative accounting is an absolute curse to a civilization. One could argue that double-entry bookkeeping was one of history's great advances. Using accounting for fraud and folly is a disgrace. In a democracy, it often takes a scandal to trigger reform. Enron was the most obvious example of a business culture gone wrong in a long, long time.
To state the facts frankly is not to despair the future nor indict the past. The prudent heir takes careful inventory of his legacies and gives a faithful accounting to those whom he owes an obligation of trust.
There is no accounting for human beings.
Mark-to-market accounting is like crack. Don't do it.
In the business world, allegations of accounting irregularities is tantamount to yelling fire in a crowded theater, except, today, in our Internet world, instead of people running for the exit signs, they just push the button on their computer.
There's no accounting for laws. Or the changes wrought by men and time.
To multiply the years and divide by the desire to live is a kind of false accounting.
If other people do not understand our behavior-so what? Their request that we must only do what they understand is an attempt to dictate to us. If this is being 'asocial' or 'irrational' in their eyes, so be it. Mostly they resent our freedom and our courage to be ourselves. We owe nobody an explanation or an accounting, as long as our acts do not hurt or infringe on them.
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