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Quotes About Accounting

Socialism means keeping account of everything. You will have socialism if you take stock of every piece of iron and cloth.
~ Unknown
Schools of business responded to popular demand for finance and creative accounting. The results are decline.
~ W. Edwards Deming
Republicans and Democrats have used accounting gimmicks and competing government analyses to deceive the public into believing that 2 + 2 = 6. If our leaders cannot agree on the numbers, if 'facts' are fictional, how can they possibly have a substantive debate on solutions?
~ J. C. Watts
responsibility is the accounting of one's actual response relative to one's ability for response (response/ability).
~ Unknown
If economics were only about profit maximization, it would be just another name for business administration. It is a social discipline, and society has other means of cost accounting besides market prices.
~ Unknown
From what little is known of Mr. Trump's tax returns, he used losses to offset virtually all of his taxable income for years by generating something called net operating loss carry-overs.
~ James B. Stewart
I am the bookkeeper, after all, and as a rule the numbers don't behave too badly.
~ Lorraine Heath
In a society of free men the preservation of life and health are ends, not means. They do not enter into any process of accounting means.
~ Ludwig von Mises
The great enemy of grace is the strict accounting of our sin and corruption that when added up totals such a staggering debt that no person without faith in the sure promises of God would ever dare calculate that anything good awaits him and would further be convinced that all that does lie ahead is a complete foreclosure of his soul and all its contents. Pliable
~ John Bunyan
Destiny gave me only two things: a few accounting books and the gift of dreaming.
~ Fernando Pessoa
Mark-to-market losses are not real loss. It's a notional loss.
~ Chanda Kochhar
Exist? în univers o anumit? cantitate de via?? ?i o anumit? cantitate de moarte, ?i el – universul – procedeaz? ca un contabil care lucreaz? en gros, lui s?-i ias? mereu suma mare, totalul.
~ Unknown
In its latest audit of the federal government, the GAO concluded there are significant and material weaknesses in the accounting performed at all levels of the federal government.
~ Mark R. Levin
Forget about earnings. That's a priesthood of the accounting profession," he would preach, unrelentingly. "What you're really after is appreciating assets. You want to own as much of that asset as you can; then you want to finance it as efficiently as possible." 6 And above all else, make sure that the deals you do avoid as much in taxes as is legally possible.
~ Unknown
Forget about earnings. That's a priesthood of the accounting profession," he would preach, unrelentingly. "What you're really after is appreciating assets. You want to own as much of that asset as you can; then you want to finance it as efficiently as possible." 6 And above all else, make sure that the deals you do avoid as much in taxes as is legally possible. And then some.
~ Unknown
You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself. - Warren Buffett
~ Unknown
So, you work with Marcy?" Wayne earned points for what appeared to be sincere interest. "Yes. She's in public accounting and I'm in corporate, but we both work for the same company." Wayne grinned. "Me, I'm in murders and executions." "Wayne!" Marcy rolled her eyes. "He means—" "Mergers and acquisitions. I got it.
~ Megan Hart
In the long run, all wrongs are righted, every minus is equalized with a plus, the columns are totaled and the totals are found correct. But that's in the long run. We must live in the short run and matters are often unjust there. The compensating for us of the universe makes all the accounts come out even, but they grind down the good as well as the wicked in the process.
~ Michael Connelly
In fact, they are not taught in any university departments: the dynamics of debt, and how the pattern of bank lending inflates land prices, or national income accounting and the rising share absorbed by rent extraction in the Finance, Insurance and Real Estate (FIRE) sector. There was only one way to learn how to analyze these topics: to work for banks. Back in the 1960s there was barely a hint that these trends would become a great financial bubble.
~ Michael Hudson
neither materialism nor pantheism is up to the task of accounting for the origin of human beings.
~ Nancy Pearcey
Income tax returns are the most imaginative fiction being written today. —Herman Wouk
~ Neal Boortz
A cash flow statement is simple to calculate because you can easily track what goes in and what goes out. Income statements are a little different (especially for businesses) because they take into account things that aren't technically cash flow (such as depreciation or amortization).
~ Unknown
To multiply the years and divide by the desire to live is a kind of false accounting.
~ Peter Heller
This is why “it was credited to him as righteousness.”
~ Romans 4:22