Intaxication
Definition: The euphoria a client feels when receiving a tax refund, which lasts until they realise it was their money to start with.
Origin: This word was one of the winners in the Washington Post's Style Invitational in 2003. This sought new words created by simply adding, subtracting, or changing only one letter of a common word and supplying a new definition
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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...
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The most obvious answer as to why accountants are sometimes referenced, disparagingly, as 'beancounters' might involve counting the ...
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1. You work very odd hours. 2. You are paid a lot of money to keep your client happy. 3. You are paid well but your pimp gets most of the mo...
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