Friday, June 24, 2016

New style acronyms for accountants


YAPAs - Young Ambitious Professional Accountants

EWES - Experts With Expensive Style

TAPAS - Top Accountants Planning Awesome Setoffs

MAGIC - Masterful Accountants Generating Instant Credits

TRICKs - Tax Returns that Interest Cute Kittens

CARDS - Clever Accountants Reading Dull Standards

PAULA - People Against the Use of Lousy Acronyms

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A dozen laws of accountancy that weren't covered in your studies

Trial balances don’t. (Not always, anyway) Working capital does not. (Work, that is) Liquidity tends to run out. (Faster than you thin...