Accounting Quotes

We’ve sourced some of the most interesting and thought-provoking Accounting Quotes from Alex Berenson, Bob Newhart, John Bolton, Ben Bernanke, Jim Costa. Each of the following quotes is overflowing with creativity, and knowledge.

Enron had already collapsed and filed for bankruptcy pr

Enron had already collapsed and filed for bankruptcy protection by the beginning of 2002. But despite complaints from short sellers that corporations had used accounting gimmickry to inflate their profits, many investors thought the crisis at Enron was an isolated case.
Alex Berenson
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
My philosophy is not a bean-counting, accounting ‘look at this.’ It is a philosophy that smaller government is better government, and government that is closer to the people is best of all.
John Bolton
In the tradition of national income accounting, economic policymakers have typically focused on variables such as income, wealth, and consumption.
Ben Bernanke
This Department of Treasury, run by this administration, using the same tried and true accounting methods that every business in America uses, cast new light on the fiscal severity that our Nation is facing, what some would call a mess.
Jim Costa
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
Jobs offshoring began with manufacturing, but the rise of the high-speed Internet made it possible to move offshore tradable professional skills, such as software engineering, information technology, various forms of engineering, architecture, accounting, and even the medical reading of MRIs and CT-Scans.
Paul Craig Roberts
Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.
Tilman J. Fertitta
Developing safe products for people around the world will mean accounting for a much wider variety of devices, networks, infrastructure, and political environments.
Alex Stamos
The U.S. government uses cash accounting. That is illegal for any enterprise of any size in America except for the U.S. government. Every for-profit business, every not-for-profit business, every state and local government has to use real accounting except for Uncle Sam.
Jim Cooper
And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That’s accounting.
Arthur Laffer
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
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
There is nothing wrong with good accounting, except that it does not necessarily lead to good science.
Gerhard Herzberg
Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits.
Alex Berenson
Housing has led our nation’s economic expansion over the past few years, accounting for 16 percent of our Gross Domestic Product. New housing starts and home sales hit record levels from 2003 through 2005.
Randy Neugebauer
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
My mom works at an accounting firm; my dad’s a math teacher.
Joshua Henry
Your own business growth and success depends on many things, and along that growing path, you are going to have to concede certain responsibilities and activities – whether for your accounting, your production, or day-to-day management.
Michael Gerber
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
One day I was in Starbucks going through one of my books on accounting, and this beautiful young woman came up to me and said, ‘My accounting book is different from yours.’ Her name was Joyce, she had a background in finance and administration and ran a surgery center. Within a short time, we were married.
David Schweikert
I have an accounting degree and a law degree and had never really used either.
Cris Collinsworth
The Glassco Commission was really not interested in good science. It was interested in good accounting.
Gerhard Herzberg
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
Regulations for international accounting and funding will have to be examined to identify policies that inadvertently discourage institutional investors from putting their resources into longer-term, illiquid assets.
Jose Angel Gurria
One of the things that we’re missing from our political dialogue right now is the idea that the United States is a home. It is more than an accounting sheet. It is more than the sum of its G.D.P., its total tax collections, or its total outlays. America is a family.
Stephen Miller
Some of what I consider my best work, and some of the best films that I’ve ever worked on, kind of disappear without a trace. There’s no accounting for it. Something connects, or something doesn’t.
Roger Deakins
I actually studied accounting in college. So I’m a CPA.
Stacy Brown-Philpot
Almost all decisions based on cost accounting are utterly wrong.
Eliyahu Goldratt
Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.
Thomas Sowell
How many married couples do you know who met over accounting books in a Starbucks?
David Schweikert
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
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 expanding market access for American industry, financial markets and farmers is critical, I believe it needs to be done responsibly, accounting for the treatment and protection of workers and the environment.
Mark Udall
When you’ve got African parents, you go to uni, do finance, and go into accounting. But I’m not good with systems. I dropped out in my final year of college to become a Christian poet. Then went back to do my A-levels and went to uni in Birmingham to do political science and theology. I lasted 12 weeks.
Michaela Coel
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
I studied finance and accounting in college, and I worked at a massive accounting firm out of graduation.
Simu Liu
If an alien with an accounting degree touched down in America, it might conclude that we’re a weird cult that spends 11 months living frugally and four crazy weeks buying tons of stuff we don’t need. It wouldn’t be entirely wrong, either.
Adam Davidson
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
Mark-to-market accounting is like crack. Don’t do it.
Andrew Fastow
The concept of fair value accounting is correct and useful, but the application during periods of crisis is problematic. It’s another one of those unintended consequences of making a rule that’s supposed to be good that turns out the other way.
Stephen A. Schwarzman
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 Gerber
Instead of the cashier and ticket-ripper of the movie theater, the block chain consists of thousands of computers that can process digital tickets, money, and many other fiduciary objects in digital form. Think of thousands of robots wearing green eye shades, all checking each other’s accounting.
Nick Szabo
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
I don’t know technology and engineering. I don’t know accounting.
Bernard Ebbers
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
I got fired from a job years ago. It was an accounting job. They were basically trying to cut corners, so they employed a bunch of temps to do proper accounting. And it just caused absolute bedlam and I did get fired.
Nish Kumar
Capital isn’t this pile of money sitting somewhere; it’s an accounting construct.
Bethany McLean
It is important that carbon storage is carefully regulated, that the process is transparent to the public, and that there is a clear accounting of what happened to the CO2. This is particularly true of underground storage, where there is always a small chance that pressurized CO2 could escape.
Klaus Lackner
If you want an accounting of your worth, count your friends.
Mary Browne
There’s no business like show business, but there are several businesses like accounting.
David Letterman
Accounting was the course that helped me more than anything.
Julian Robertson
Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings.
Diane Garnick
Probably the best advice I ever got in my life was from the head of the accounting department, Mr. Hutchinson, I believe at the Glidden Company in Chicago, and he told me, ‘You really aren’t cut out for accounting.’
Bob Newhart
When I graduated from college, I tried my hardest to get a job at an accounting firm, and it just wasn’t meant to be. I ended up delivering pizzas and newspapers. I knew my life was cracked up to be a little more.
Ronnie Coleman
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
We must investigate without fear or favour the so-called ‘accounting irregularities’ that cause turmoil in the markets and wipe billions off the investments of ordinary South Africans.
Cyril Ramaphosa
I went to work in accounting at Arthur Andersen. At one point, it was the creme de la creme. I wanted to work there because it looked like the hardest thing I could find, and I loved being on a steep learning curve. I progressed quickly, and two years out of college, I was managing a small team of people.
Lynn Good
Art history and Elizabethan poetry don’t employ workers; the arduous and tedious application of business sciences such as computer programming and accounting does.
Edward Conard