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

Could YOU explain a surplus so it makes sense to a child?

Stand Up comedian reveals why he gave up accountancy

Indian comedian Kunal Rao starts his set by explaining why he gave up chartered accountancy.

He moves onto other topics after 2 minutes.

Outrageous late payment excuses

This only has a tangential connection with accountancy but still feels worth sharing here. Drawn from a survey conducted by FreeAgent and summarised on AccountingWeb:

• Can I just buy you a pint and call it quits?
• Our chief executive is still on his sailing holiday
• I have been in hospital for 2 weeks to have my tonsils taken out (they hadn’t)
• My cat is sick
• My dog ate your invoice
• Your invoice was unethical
• I have no money left, but you’ll get what you’re owed if you work on my new project. And move with me to Qatar.
• You didn’t chase me enough for payment
• (to a professional photographer) The photograph you took is of me, so I don’t need to pay you
• I referred you to a friend, so I thought that would mean you wouldn't charge me

Any more?

Does an FD need to keep a close touch on everything?

A UK based Finance Director once reported that he had realised all was not well when he discovered that the company's BMW was actually in Madrid and being used by a prostitute.

Apparently this led to the FD's realisation that the company was not totally committed to traditional corporate governance.

Monty Python - The audit

Strangely current despite dating back to pre decimilisation!
NB: Only worth watching through to 1.46. The rest is quite separate.

Fighting off the ladies is half the job

While this t-shirt is self mocking it did make me smile, hence the reason it's on the blog this week.

It's available from TeeSpring.