Wednesday, July 28, 2010

The 5 laws of accountancy

1. Trial balances don’t
2. Working Capital does not
3. Liquidity tends to run out
4. Return on investments never will
5. The bottom line is only the tip of the iceberg.

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T-shirts for accountants

Perhaps the original here was the T-shirt that offered a definition of an accountant: "Someone who does precision guesswork, based on u...