Friday, April 13, 2018

Do accountants laugh?

"Do accountants laugh?" was a question posed online by top Comedy Magician, John Archer ahead of a gig for accountants.

Among the replies he received were:
  • It depends on their clients
  • Only when they lose their balance
  • When it's at someones else's expense
  • Yes, when their balance sheet balances
  • As soon as you pay their bill

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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...