Friday, October 16, 2020

What's 2+2? Ten different professions give their answers

Engineer: The answer lies between 3.98 and 4.02

Estate agent: I will sort that out once you agree to pay me 1% of the answer.

Mathematician: In 3 hours I can demonstrate my proof that will reveal the answer everyone has been searching for.

Logician: This problem is solvable.

Dentist: If you don't brush them properly there will only be 3.

Social worker: I don't know the answer but I'm glad we discussed the question.

Lawyer: In the case of Nerd vs HMRC, 2+2 was held to be 4

Politician: That's not the real question.

Market trader: Are you buying or selling?

Accountant: What do you want it to be?

Friday, October 09, 2020

Would this still convince the taxman?

 This is an extract from a letter sent by an accountant to the taxman:

"In reply to your letter of the 12th, there is no documentary evidence of partnership, but when I called at my client's premises to complete the Tax Return his wife was present.  
When I asked if the business belonged to him, his wife immediately answered in the most forthright terms that it was their joint property and I personally was sufficiently convinced not to pursue the matter further. 
I take some pride in my physical condition, but I know my limitations. If you are still not convinced I will take you along in my car to see Mrs X with pleasure, but I will wait outside for you."
Recorded in Peter Vaines and Roger Nuttall's book "The Bottom Line"

Friday, October 02, 2020

The Accountant's A-Z

 Instead of the NATO alphabet, accountants are encouraged to adopt the new Accountants' alphabet when spelling things out. So no more Alpha, Bravo, Charlie, Delta. Instead we now have:

  • A for Assets
  • B for Balancing
  • C for Capital
  • D for Delete
  • E for Excel
  • F for Finance
  • G for Goodwill
  • H for HMRC
  • I for Insolvency
  • J for Journals
  • K for Kiting - the fraudulent use of a financial instrument to obtain additional credit that is not authorised
  • L for Liability
  • M for Materiality
  • N for Notes to accounts
  • O for Off-balance sheet
  • P for Profit
  • Q for Qualifications
  • R for Reconciliation
  • S for Support staff
  • T for Tax
  • U for Uncertainties
  • V for Value
  • W for Winding up
  • X for breakfast
  • Y for Yearly
  • Z for Zero-based budgeting

Friday, September 25, 2020

5 quick jokes about accountants

1 - The market may be bad, but I slept like a baby last night...

....I woke up every hour and cried.


2 - I'm not saying my accountant is too literal, but when I asked him to check my balance, he pushed me over.

3 - Why are accountants always so calm, composed, and methodical? They have strong internal controls.

4 - What do you call a trial balance that doesn't balance? A late night.

5 - Did you hear about the constipated accountant? He had a ton of paper work to do.  But no matter how hard he tried, he couldn’t budget. So he decided to work it out with a pencil.

Friday, September 04, 2020

The Priest, the Doctor and the Accountant

A rich old businessman calls his Priest, Doctor and Accountant, to attend him during his last days.

“I’m dying” he says. “They say you can't take it with you, but I want to prove them wrong.”  

“Father, you have tended to my spiritual needs and gave me absolution when my conscience bothered me. Doctor, you have tended to my physical needs and kept me going through all my excess. 
Steve (the Accountant) you have advised me how to make even more money, and even helped keep me out of jail when the tax man was after me. 

I am going to request one last thing from each of you. Here are 3 envelopes each containing £100,000. When I die, I want you each to throw your envelope into the grave as they bury me. That way I get to take some of my money with me.” 

A few day later the businessman died. 

At the funeral the Priest, Doctor and the Accountant dutifully threw their envelopes into the grave as it was being filled in. 

Afterwards, when they were walking through the church yard, the Priest turned to the other two and said, “Gentlemen, I have something weighing on my conscience that I must tell you. You know I run a shelter for the homeless and needy. I could not in all conscience waste all that money, so there was only £50K in the envelope I threw into the grave.” 

The Doctor then spoke, “Father” he said “I’m so pleased you told us this. You know that I help run a clinic for down and outs and addicts, that can't get help anywhere else. I couldn’t see all that money go to waste when it could help so many, so there was only £25K in the envelope I threw in.” 

The Accountant looked in horror at the Priest and Doctor, “Despite your worthy ideals you cheated our friend out of his final wish. I'm disappointed in you both. The least you could have done is what I did and put a cheque into the envelope for the full amount.”

Friday, August 14, 2020

Clever accounting by children (1)

This may be an apocryphal story relating back to the childhood of an unnamed top accountant. 

She explains that as a young child she played a game with her parents' friends whenever they came to visit. 

Apparently they found it hugely entertaining that, when offered a choice between a 50p coin and a pound coin she always took the 50p coin. 

One day, her grandfather saw this happening and called her over to explain things: "You must understand, a pound coin is twice as valuable as a 50p piece, so you should always choose the pound coin." 

The future top accountant replied: "But Grandpa, then people will not offer me any money."

Friday, August 07, 2020

Great T-shirt slogans for accountants

  • My Daddy is the best accountant in the whole world 
  • The Zen of accounting - for every debit there is a credit 
  • Trust me - I'm an accountant 
  • Accountants appreciate a good figure 
  • I love my accountant 
  • I live for accounting 
  • I'm the accountant your mother warned you about 
  • Future accountant [for a baby's t-shirt!] 
  • Accountants rock 
  • Proud parent of an accountant 
  • Accounting diva [in pink] 
  • It's accrual world 
  • Daddy's little tax deduction [for a baby's t-shirt!] 
  • Mild mannered accountant by day. Sexy husband by night 
  • Accountant on the outside. Biker on the inside 
  • Beancounter university [in the style of a top Uni] 
  • The world's best accountant 
  • A good accountant is a debit to her profession 
  • I love Chartered Accountants

The interchageable accountant

I love this story of the interchageable accountant. Peter wanted a new accountant. He spent ages asking around his local area and getting po...