Accounting Quotes - Page 3

• I know what I don't know. To this day, I don't know technology, and I don't know finance or accounting.

  Bernard Ebbers

  Technology, Finance, Economy

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• If Jesus Christ were to sit down with us and ask for an accounting of our stewardship, I am not sure He would focus much on programs and statistics. What the Savior would want to know is the condition of our heart. He would want to know how we love and minister to those in our care, how we show our love to our spouse and family, and how we lighten their daily load. And the Savior would want to know how you and I grow closer to Him and to our Heavenly Father.

  Dieter F. Uchtdorf

  Jesus, Father, Heart

  20 Copy quote

• 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

  Running, Nature, Cost Benefit Analysis

  Margaret Atwood (2012). “Payback: Debt and the Shadow Side of Wealth”, p.180, Bloomsbury Publishing

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• The U.S. tax code was written by A students. Every April 15 we have to pay somebody who got an A in accounting to keep ourselves from being sent to jail.

  P. J. O'Rourke

  Jail, Pay, April

  "A Government of Know-it-Alls". www.cbsnews.com. April 27, 2010.

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• Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that has resulted in the rapid expansion of the real estate securitization business. This trend could be regarded as a risk factor, as it exposes the real estate sector to at least three potential problems: first, interest rate hikes; second, revisions to securitization business accounting standards; and third, overheating in the real estate market.

  Akira Mori

  Business, Real, Risk

  45 Copy quote

• Anyone with an engineering frame of mind will look at [accounting standards] and want to throw up.

  Charlie Munger

  Engineering, Mind, Looks

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

  Ray Romano

  Fathers Day, Hug, Accountants

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• We don't invest in financial literacy in a meaningful way. We should be teaching elementary school children how to balance a checkbook, how to do basic accounting, why it's important to pay your bills on time. First, education. Begin the learning process as early as possible, in elementary school. Second, encourage and support entrepreneurism. Third, policy. I know it's a priority of the US Treasury to augment financial inclusion and increase financial literacy.

  Kabir Sehgal

  Meaningful, Children, Teaching

  Source: bobmorris.biz

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• It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations, enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making

  Alan Greenspan

  Success, Business, Decision

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• 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

  Needs, Tools, Arithmetic

  9 Copy quote

• There is always something for which there is no accounting. Take, for example, the whole world.

  Leonard Michaels

  Example, World, Whole

  Leonard Michaels (2008). “The Collected Stories”, p.404, Macmillan

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• There is no accounting for tastes.

  Ann Radcliffe

  Taste

  Ann Radcliffe (1795). “The Mysteries of Udolfo: A Romance Interspersed with Some Pieces of Poetry”, p.297

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• Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished; many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.

  Warren Buffett

  Gun, Years, Vices

  Berkshire Hathaway Inc. Chairman's Letter, www.berkshirehathaway.com. 1988.

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• There are only two things as complicated as insurance accounting and I have no idea what they are.

  Andrew Tobias

  Ideas, Two, Complicated

  "The invisible bankers". Book by Andrew Tobias, 1982.

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• When a manufacturing engineer is hired to create new products but insists on sharing his "wisdom" in accounting with the company controller, he is not going to last long in that company.

  Chin-Ning Chu

  Long, Lasts, Company

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• RICH, adj. Holding in trust and subject to an accounting the property of the indolent, the incompetent, the unthrifty, the envious and the luckless.

  Ambrose Bierce

  Trust, Envy, Rich

  Ambrose Bierce (2001). “The Unabridged Devil's Dictionary”, p.201, University of Georgia Press

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• There's no business like show business.

  Irving Berlin

  Business, Office Work, Berlin

  Title of song (1946)

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• Each generation makes it's own accounting to its children.

  Robert Kennedy

  Children, Generations

  Robert F. Kennedy (1964). “Rights for Americans: the speeches of Robert F. Kennedy”

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• Rich people always have a certain degree of debt. Apparently it helps to reduce taxes. I'm not so hot on the bean-counting side.

  Felix Dennis

  Money, People, Degrees

  Felix Dennis (2008). “How to Get Rich: One of the World's Greatest Entrepreneurs Shares His Secrets”, p.14, Penguin

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• Republicans and Democrats have used accounting gimmicks and competing government analyses to deceive the public into believing that 2 + 2 = 6. If our leaders cannot agree on the numbers, if 'facts' are fictional, how can they possibly have a substantive debate on solutions?

  J. C. Watts

  Believe, Government, Numbers

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• I don't know technology and engineering. I don't know accounting.

  Bernard Ebbers

  Technology, Engineering, Economy

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• 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

  Growth, Steps, Economic

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• I don't mean to sugarcoat the figure on restatements, but I think it is positive - it shows a healthy system. The general impression of the public is that accounting rules are black and white. They are often anything but that, and in many instances the changes in earnings came after new interpretations by the chief accountant of the SEC.

  Steve Odland

  Mean, Black And White, Thinking

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• I don't let it bother me too much if someone doesn't like me. I just figure there's no accounting for taste. It's not me, it's my acting. It's like if someone doesn't like someone's food, they just don't like my acting.

  Anna Chlumsky

  Acting, Too Much, Taste

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• It was the king's army, the king's people, the king's taxes; and he who questioned the propriety of the royal prerogative of taking from his people without return or accounting, was reckoned, and felt himself to be, a criminal, guilty of the highest crime of disloyalty.

  John Buchanan Robinson

  Kings, Army, People

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