Accounting Quotes - Page 8

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

Law, Long, Research

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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

Numbers, Chinese, Growth

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If you are hired to shake up the system, do it. No one will believe you're the boss until you do one or more of the following: 1. Add a new division; 2. Lop off a present department; 3. Add new people or reassign and reward present employees; 4. Get rid of deadwood; 5. Change the method of accounting; 6. Change lawyers, accountants, or other outside services; 7. Ask a lot of questions, and demand answers by a certain date; 8. Get in touch with key people in your industry or city and arrange personal meetings; 9. Improve working conditions; 10. Update present benefit plans.

Lois Wyse

Believe, Cities, Keys

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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.

Michael Bloomberg

Father, Writing, Organization

Michael Bloomberg's Slate 60 Dinner Keynote Address At William J. Clinton Presidential Library In Little Rock, Arkansas, www1.nyc.gov. November 12, 2006.

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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

Passion, People, Matter

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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

Believe, Oil, Energy

Source: thesaker.is

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What we take anything to be profoundly affects how we go about describing it, and how we describe something profoundly affects how we go about explaining, accounting for, or understanding what is what we are, in a sense, defining, by our description.

R. D. Laing

Understanding, Defining, Description

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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

Business, Impact, Scandal

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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

Party, Mean, Long

Source: www.foxnews.com

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Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting.

James Rickards

Balance, Bankers, Purpose

James Rickards (2014). “The Death of Money: The Coming Collapse of the International Monetary System”, p.14, Penguin

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On a personal level, as a Christian, it will not be Barbra Streisand I'm standing in front of when I have to make an accounting of my life.

Patricia Heaton

Christian, Levels, Standing

Interview with Bill O'Reilly (2002), later quoted in Larry W. Poland "Chasm: Crossing the Divide Between Hollywood and People of Faith" (p. 73), June 1, 2014.

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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.

Paul Krugman

Home, Eggs, Nests

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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

Real, Way, Citizens

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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.

Indur M. Goklany

Real, World, Today

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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.

Marc Faber

Issues, Government, Bills

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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.

James Buchan

Simple, Cash, Parliament

"Judgment Day... again" by James Buchan, www.theguardian.com. August 6, 2001.

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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

Law, Tyrants, Differences

"Policraticus". Book by John of Salisbury, Bk. 4, ch. 1, 1159.

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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

Eye, Thinking, Voice

Source: www.guernicamag.com

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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.

John Lydon

People, Soul, Records

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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.

Charlie Munger

Going Away, Doe, Deterioration

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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

Loss, Enemy, Pressure

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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.

Charlie Munger

Laughter, Nice, Men

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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.

Tom Peters

Sneakers, Buzz, Today

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

Rita Mae Brown

Literature, Statistics, Quarters

Rita Mae Brown (2011). “Starting from Scratch: A Different Kind of Writers' Manual”, p.121, Bantam

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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

Loss, Government, Temptation

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