General Observations about Accounting( just for humour)
Accounting Laws:
1.Trial balances don’t
2.Working Capital does not
3.Liquidity tends to run out
4.Return on investments never will
Bottom line is only the tip of the iceberg.
Those who live by the bottom line shall die by the bottom line.
Accountants have a vacuum-tube mind in a solid state world.
Accounting: A bunch of numbers running around looking for an argument.
A fool and his money are soon audited.
Cash in hand means bill in the mail.
If you need accounting to prove it, it was probably not true in the first place.
Obviously accounting pays, otherwise there would be no accountants.
There is nothing more permanent than temporary account.
Accounting will prove anything, even the truth.
Accountants carry their calculations to two decimal points only to prove that they have marvelous sense of humor.
Accounting proves that money is the least viscous of all substances.
Artificial hearts are no big deal; they’ve been around since the first accountant.
An accountant is a man hired to explain that you did not make the money you did.
Accountants are witch doctors of the modern world.
Accounting is economics without assumptions.
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