Accounting, All Quotes

105+ Accounting Quotes

Accounting is one of the oldest knowledge that human acquired. Accounting is large and vast. Accounting is important for not only businesses and but also in life accounting knowledge is a must have. People has different thoughts on accounting. Accounting has a lots of style and way to calculate even the simplest mistakes and keeps the business growing. Below this are the 100+ Accounting quotes and sayings to help you understanding the core of Accounting .


Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings. - Diane Garnick
Life as we know it, with all its ups and downs, will soon be over. We all will give an accounting to God of how we have lived. - William Wilberforce
There's no business like show business, but there are several businesses like accounting. - David Letterman
Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits. - Alex Berenson
In the old days, you would have one lawyer to handle everything: speeding tickets, buying a house, contracts, litigation, real estate, copyrights, leasing, entertainment, intellectual property, forensic accounting, criminal offenses... the list goes on. Now, you have to have a separate lawyer for each one of those categories! - James Belushi
There is nothing wrong with good accounting, except that it does not necessarily lead to good science. - Gerhard Herzberg
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets. - Thomas Sowell
Capital isn't this pile of money sitting somewhere; it's an accounting construct. - Bethany McLean
Almost all decisions based on cost accounting are utterly wrong. - Eliyahu Goldratt
Companies figured out that the easiest way to make money was to reissue records that the accounting department had paid for years ago and already made a profit. - Chris Cornell
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. - Ben Stein
While it's trendy to outsource your accounting to a third party, once you hit a certain size, it's dangerous. - Brad Feld
The accounting of the sacrifice is, more than anything else, the attitude toward war memorials in our time. - Friedrich St. Florian
You can't be the accountant in your accounting firm. You can't cut the grass in your landscaping business. You can't work on the vehicles in your auto repair shop... And you really can't spend all of your time managing those actions, either. - Michael E. Gerber
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. - Daisaku Ikeda
The scriptures make the danger of delay clear. It is that we may discover that we have run out of time. The God who gives us each day as a treasure will require an accounting. - Henry B. Eyring
We don't understand the equity market well, and so we deploy funds in fixed-income securities, and like any other securities, investment in those securities also need to follow the mark-to-market accounting principle. - Chanda Kochhar
One of the disconcerting things about writing for publication is that you're trying to clear your little parcel of land in a field where Taste is king - and, as we all know, there's no accounting for Taste. - Darin Strauss
I suppose that the scope and implications of such forces have rendered my personal accounting ritual pretty much obsolete. That's how things sometimes go. - Brian Ferneyhough
How many married couples do you know who met over accounting books in a Starbucks? - David Schweikert
In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption. - Ben Bernanke
I worked in accounting for two and a half years, realized that wasn't what I wanted to do with the rest of my life, and decided I was just going to give comedy a try. - Bob Newhart
I don't really care about money. I find money boring and accounting boring, so I'm probably not going to ever make a lot of money. - Juliana Hatfield
The revenue stream for Social Security benefits comes from payroll taxes, which are credited to the Social Security Trust Fund - accounting for the program's finances separately from the rest of the budget. - Jerome Powell
I have some classes in accounting, but I don't know anything about accounting. I - you know, when my accountant tells me all the things he does, it's a foreign language to me. - Ray Romano
You can't make a manager have a coach he doesn't want. I can't make the head of the accounting department work with someone he doesn't want. - Jerry Reinsdorf
We have the most crude accounting tools. It's tragic because our accounts and our national arithmetic doesn't tell us the things that we need to know. - Susan George
Electronic Accounting Systems processed my little payrolls like one big payroll. I did the selling, and the people I hired did most of the operations. - Tom Golisano
You have various institutions like law firms and accounting firms which bill by the hour. I'm really against that. You have an incentive to go slowly, be there as long as possible, to over-research things and over-staff. - Robert Pozen
Mark-to-market accounting is like crack. Don't do it. - Andrew Fastow
Month end is approaching - Keep calm and carry on accounting.
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. - Charlie Munger
The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money. - Robert Kiyosaki
Accounting is the language of business. - Warren Buffett
You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself - Warren Buffett
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets. - Thomas Sowell
Creativity is great-but not in accounting. - Charles Scott
The reaction of weak management to weak operations is often weak accounting. - Warren Buffett
I have to say accounting almost killed me. - Venus Williams
Destiny gave me only two things: a few accounting books and the gift of dreaming. - Fernando Pessoa
Mathematics is less related to accounting than it is to philosophy. - Leonard Adleman
Cost Accounting is enemy number one of productivity. - Eliyahu M. Goldratt
Proper accounting is like engineering. You need a margin of safety. Thank God we don't design bridges and airplanes the way we do accounting. - Charlie Munger
I don't know technology and engineering. I don't know accounting. - Bernard Ebbers
I don't really care about money. I find money boring and accounting boring, so I'm probably not going to ever make a lot of money. - Juliana Hatfield
In the corporate world, sometimes things aren`t exactly black and white when it comes to accounting procedures. - George W. Bush
If my father had hugged me even once, I'd be an accountant right now. - Ray Romano
Mark-to-market accounting is like crack. Don't do it. - Andrew Fastow
Including the value of natural resources and our social capital in national accounting is a vital step to achieve economic growth that is equitable and sustainable. - Achim Steiner
Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods. - Kenneth E. Boulding
There are only two things as complicated as insurance accounting and I have no idea what they are. - Andrew Tobias
Bourgeois society is infected by monomania: the monomania of accounting. For it, the only thing that has value is what can be counted in francs and centimes. It never hesitates to sacrifice human life to figures which look well on paper, such as national budgets or industrial balance sheets. - Simone Weil
I think in a couple of weeks, the question of all these bad write-offs will be behind us because everybody is going to throw in the towel on bad accounting. - Muriel Siebert
Go is to Western chess what philosophy is to double-entry accounting. - Trevanian
No matter what all your teeth and wet fingers anticipated, there was no accounting for the way that simple joy could shake you. - Toni Morrison
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. - James Chanos
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. - Michael Jensen
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. - John of Salisbury
They are a special breed-like normal accountants, but without the soppy sentimentality. These are the oncologists of market capitalism. - Sean O'Grady
Preliminary accounting, banking and surveying (known as arithmetic, algebra and geometry). - Alan Watts
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. - Philip Roth
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. - Warren Buffett
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. - Amity Shlaes
Nature is an expert in cost-benefit analysis,' she says. 'Although she does her accounting a little differently. As for debts, she always collects in the long run. - Margaret Atwood
People make their own reality. That was what Praxis had taught him years ago. A hundred people can witness the exact same event, and give two hundred and three different accountings of it. - Sherrilyn Kenyon
People don't pay attention. And then one day there's an accounting. And after that, nothing is the same. - Cormac McCarthy
There’s no accounting for the mysteries of the human heart. - Susan Elizabeth Phillips
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. - Daisaku Ikeda
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. - Saul Perlmutter
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. - Jane Smiley
Anyone with an engineering frame of mind will look at [accounting standards] and want to throw up. - Charlie Munger
70. Unfortunately, WorldCom is not the only company caught up in this kind of accounting scandal. The impact this will have on the general public is yet to be seen. - Bennie Thompson
There is no company - no corporation on earth that engages in accounting fraud to the extent the Imperial Federal Government of the United Sates does. Not many congressmen are willing to come forward with the details. - Neal Boortz
Now, we are seeing many of these same companies face the truth about their financial standing. Congress is faced with the challenge of reforming our accounting industry and holding corporate executives responsible for their actions. - Bennie Thompson
Everyone caved, adopted loose [accounting] standards, and created exotic derivatives linked to theoretical models. As a result, all kinds of earnings, blessed by accountants, are not really being earned. When you reach for the money, it melts away. It was never there. It [accounting for derivatives] is just disgusting. It is a sewer, and if I'm right, there will be hell to pay in due course. All of you will have to prepare to deal with a blow-up of derivative books. - Charlie Munger
To say accounting for derivatives is Americais a sewer is an insult to sewage. - Charlie Munger
Law is par excellence the thing that wants a reason. Now the only possible way of accounting for the laws of nature, and for uniformity in general, is to suppose them results of evolution. - Charles Sanders Peirce
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'. - Michelle Obama
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. - Ann Coulter
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. - Charlie Munger
Oil production, energy production are growing, though the latter has gone down by about 1 percent here, I believe... By the way, we occupy the first place in the world in gas export, accounting for 20 percent of the world market. We are also first in the sphere of liquid hydrocarbons export. - Vladimir Putin
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. - Hans F. Sennholz
The only accounting we had of the origins and the structure of nature was Biblical Genesis. - Neil deGrasse Tyson
If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office. - Warren Buffett
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. - Kofi Annan
Marco's [Rubio] had this hanging over his head for a long time. I've been hearing about his credit card problems for so long, what he did with the Republican Party. You had people that doing the checking, accounting people and other people - I mean, they were devastated that nothing was done with Rubio because of what he did. - Donald Trump
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. - Charlie Munger
There's just no accounting for happiness, or the way it turns up like a prodigal who comes back to the dust at your feet having squandered a fortune far away. - Jane Kenyon
We should remember what a rapper like Tupac Shakur was doing, to a certain degree, who came from an experience of politicization very close to being a "Panther Baby". He knew, he came from that experience of the Black Panthers, and accounting for all his contradictions and process of growth, he achieved politically through gangsta rap things that no conscious rapper has achieved, such as establishing political, ethical, and moral codes between Crips and Bloods in the United States. - Bocafloja
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." - Karen Russell
Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting. - James Rickards
People are arguing whether Mel Gibson's "Passion of the Christ" is anti-semitic. Well, whether it is or it isn't, it doesn't matter, because I've been in touch with his accounting firm, Rosencrantz, Levy and Stern, and they're screwing him out of his profits. - Joan Rivers
Beyond the fact that it is a limitless arena for the full play of human nature, there is no sure accounting for golf's fascination... Perhaps it is nothing more than the best game man has ever devised. - Herbert Wind
Dark, subtle, complex, wicked - if only Hollywood movies were half as interesting as Hollywood accounting. - Stephen Metcalf
There is a divergence between private and social accounting that the market fails to register. One essential task of law and government is to institute the necessary conditions. - John Rawls
Maybe it wasn't anything remotely to do with religion, mysticism or metaphilosophy after all; maybe it was more banal; maybe it was just...accounting. - Iain Banks
Even something as complex as the eye has appeared several times; for example, in the squid, the vertebrates, and the arthropods. It's bad enough accounting for the origin of such things once, but the thought of producing them several times according to the modern synthetic theory makes my head swim. - Frank B. Salisbury
Andre Tippett was an impact player who consistently played at a level that set him apart. Accounting for him limited what an offense could do. He made quarterbacks nervous.and rightly so. - Raymond Berry
You'll see all other mortal sinners, the ones who flout the honor owed to gods or guests, or loving parents--you'll see them get the justice they deserve. For Hades holds men mightily to a strict accounting down below the earth; he sees all things, inscribes them within the book of his remembering. - Aeschylus
Derivative trading with mark-to-market accounting degenerates into mark-to-model. Two firms make a big derivative trade and the accountants on both sides show a large profit from the same trade. - Charlie Munger
There is no accounting for human beings. - Mark Twain
To multiply the years and divide by the desire to live is a kind of false accounting. - Peter Heller
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. - Andrea Dworkin
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