Accounting Quotes

These are islands in time - with nothing to date them on the calendar of mankind. In these areas it is as though a person were looking backward into the ages and forward untold years. Here are bits of eternity, which have a preciousness beyond all accounting.

Another thing he told his customers was that one of the great accounting unknowns of the modern age was how to value knowledge. It was an exciting field.

Let's talk about how to fill out your 1984 tax return. Here's an often overlooked accounting technique that can save you thousands of dollars: For several days before you put it in the mail, carry your tax return around under your armpit. No IRS agent is going to want to spend hours poring over a sweat-stained document. So even if you owe money, you can put in for an enormous refund and the agent will probably give it to you, just to avoid an audit. What does he care? It's not his money.

Imagine for a moment if we once again knew, strictly as a matter of course, these few unremarkable things: What it is we're eating. Where it came from. How it found its way to our table. And what, in a true accounting, it really cost.

Elections are a good deal like marriages. There's no accounting for anyone's taste. Every time we see a bridegroom we wonder why she ever picked him, and it's the same with public officials.

Just as black anger often proved counterproductive, so have these white resentments distracted attention from the real culprits of the middle class squeeze - a corporate culture rife with inside dealing, questionable accounting practices, and short-term greed.

We have a remarkably complete picture in many ways - and it could be that we're not accounting for something that's almost three-quarters of the entire universe

I have been asked, politely and not so politely, why I am myself. This is an accounting any woman will be called on to give if she asserts her will.

For Germany, Poland is now a more important trade partner than Russia. With respect to history, our peoples will require more time for the wounds to heal. But it is also important to stick to the truth in accounting for the past. This is not compatible with, for instance, TV movies such as "Our mothers, our fathers" that try to partly shift the liability for Nazi crimes to us Poles.

I gave up accounting. I went in for about six months writing ad copy. I was fired from that, and then another guy and I did a kind of poor man's Bob and Ray kind of syndicated radio show. Then I decided to stick it out and see what happened. I'd give it a year, a year became two years, and then two years became three years, and then along came the record album.

With demands for special education or standardized test prep being shouted in their ears, public schools can't always hear a parent when he says: 'I want my child to be able to write contracts in Spanish,' or, 'I want my child to shake hands firmly,' or, 'I want my child to study statistics and accounting, not calculus.

The income tax is the biggest single intrusion suffered by the American people. It forces every worker to be a bookkeeper, to open his records to the government, to explain his expenses, to fear conviction for a harmless accounting error. Compliance wastes billions of dollars. It penalizes savings and creates an enormous drag on the U.S. economy. It is incompatible with a free society, and we aren’t libertarians if we tolerate it.

I don't know about technology and I don't know about finance and accounting.

I appreciate our government's determination to investigate the circumstances surrounding the death of the Bytyqi brothers, which Serbia's Interior Minister has rightly called 'an exceptionally serious crime,' and hope the Serbian government's pledge of full cooperation... is matched by a final accounting of their murder.

The religious hypothesis, therefore, must be considered only as a particular method of accounting for the visible phenomena of the universe: but no just reasoner will ever presume to infer from it any single fact, and alter or add to the phenomena, in any single particular.

There are some pretty obvious ways of benchmarking creativity. One way is to perform what I call a creativity audit, which is to look at your capabilities and look at your performance and examine the percentage of revenue that comes from products that are less than five years old, less than three years old and that are current with the present accounting period. You can then compare those figures to those of your competition along the same axes.

In engineering, people have a big margin of safety. But in the financial world, people don't give a damn about safety. They let it balloon and balloon and balloon. It's aided by false accounting.

Accounting incomes were reduced by discrepancy [ but] "the net amount paid by lawyers for lawyerly discrepancy is close to zippo. In this case, the goddess of justice was blind.

Fashion is not just about what we wear, but...fashion is also a business. It is an art, it's a career that involves science, engineering, accounting and so much more. People can learn about the math behind Charles James' designs, and think, 'Maybe I should pay closer attention to geometry this semester'

When individual enterprise is free and unhampered, profit-and-loss calculations set precise limits to a businessman's temptations to expand his services... a government valuable they may be, have no market price and, therefore, cannot be subjected to profit-and-loss accounting.

Never measure literature by accounting statistics. A quarter of working authors earn less than $1,000.

Today brands are everything, and all kinds of products and services - from accounting firms to sneaker makers to restaurants - are figuring out how to transcend the narrow boundaries of their categories and become a brand surrounded by a Tommy Hilfiger-like buzz.

The SEC does way more good than harm - the last thing I would do is get rid of the SEC...if accounting were thoroughly fixed, a lot of other sins would go away. We're paying a huge price for deterioration of accounting.

A record company used to be a very good thing, but they ended up soul-destroyingly trapping people in the accounting department. And you couldn't get any further, and the heads of each department were changing all the time, so you couldn't have any permanent relationship within the corporation.

In a way, I think we all want to look to that journalistic voice as a kind of global omniscience, a big eye to correct for our own limited purview: "Here's a realistic accounting of the world in which we live."

Between a tyrant and a prince there is this single or chief difference, that the latter obeys the law and rules the people by its dictates, accounting himself as but their servant.

Even before he came to power in 1997, Gordon Brown promised to change the accounts to parliament from simple litanies of cash in and cash out, to a more commercial system that took notice of the public property the departments were using. This system is known as resource accounting.

Considering that future generations will be far better off than current generations even after accounting for climate change, it would be more equitable for today's industrialized world to help solve the real problems facing today's poorer developing world than to mitigate climate change now to help reduce the burden on future populations that would not only be wealthier but also technologically superior.

It is crucial that we develop real awareness of ourselves as citizens of Earth, linked by mutual and indissoluble bonds. When we clearly recognize this reality and ground ourselves in it, we are compelled to take a strict accounting of our way of life.

And when the chickens that didn't hatch come home to roost, we will rue the day when, misled by sloppy accounting and rosy scenarios, we gave away the national nest egg.

My father, a bookkeeper who never earned more than $11,000 a year in his life, sat there, writing out a $25 check to the NAACP. When I asked him why, he said discrimination against anyone is discrimination against us all. And I never forgot that. Indeed, his philanthropy was a gift, not just to that organization, but to me.

The Macau casinos have a wonderful business, it's taking in money from Chinese businessmen elsewhere who send it through junky companies to casinos to gamble. The growth continues and they have basically western managers and western accounting, so we trust the numbers a little bit more.

I talked to one accountant, a very nice fellow who I would have been glad to have his family marry into mine. He said, "What these other accounting firms have done is very unethical. The [tax avoidance scheme] works best if it's not found out [by the IRS], so we only give it to our best clients, not the rest, so it's unlikely to be discovered. So my firm is better than the others." [Laughter] I'm not kidding. And he was a perfectly nice man. People just follow the crowd...Their mind just drifts off in a ghastly way.

Many of the Kiwis appearing in powerful business circles around the world come from accounting backgrounds. Yet often people have preset ideas of how an accountant walks, talks, smells - although not in the business community. For me it is a career that offers a lot of variety and challenges and I love it.

They are a special breed-like normal accountants, but without the soppy sentimentality. These are the oncologists of market capitalism.

If my father had hugged me even once, I'd be an accountant right now.

The company accountant is shy and retiring. He's shy a quarter of a million dollars. That's why he's retiring.

You have to know accounting. It's the language of practical business life. It was a very useful thing to deliver to civilization. I've heard it came to civilization through Venice which of course was once the great commercial power in the Mediterranean. However, double entry bookkeeping was a hell of an invention.

I was never a Certified Public Accountant. I just had a degree in accounting. It would require passing a test, which I would not have been able to do.

People always ask me, 'Were you funny as a child?' Well, no, I was an accountant.

Professional accountants should use that influence to encourage the companies they serve to think long term and integrate sustainable development goals into their accounting, such as by including a natural capital account, which I have heard is gaining ground.

The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money.

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.

There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life.

Capitalism is in crisis both morally, due to widening disparities of income and wealth and disclosures of abusive practices, and ecologically, due to its refusal to make business adjustments in accounting procedures that pass the consequences of emissions to the public and the future.

As the titanic losses were racking up, Fannie Mae's operators, Franklin Raines and Jamie Gorelick, disguised the catastrophe by orchestrating a $5 billion accounting fraud - all the while continuing to pressure banks to make absurd, politically correct loans and denouncing Republicans as enemies of the poor.

Managers thinking about accounting issues should never forget one of Abraham Lincoln's favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn't make it a leg.

Every moment in your life is a turning and every one a choosing. Somewhere you made a choice. All followed to this. The accounting is scrupulous. The shape is drawn. No line can be erased. I had no belief in your ability to move a coin to your bidding. How could you? A person's path through the world seldom changes and even more seldom will it change abruptly. And the shape of your path was visible from the beginning.

It's really amazing that in the age of unbelief, as a smart man called it, there isn't even more fraud. After all, with no God, there's no one to ever call you to account, and no accounting at all if you can get away with it.

I'm always looking for context in which people tell stories. In "Fight Club" it's these support groups for dying people, and then in "Choke" it's 12-step recovery groups. In one novel it's artists' colonies, in another novel it's a diary form that submariners' wives typically keep so that when their husband comes back from serving on a submarine they have an accounting of their spouse's time. So I'm always looking for, number one, a non-fiction context - because you can tell a more outrageous story if you use a non-fiction form.