AccountingWeb has a headline on the web at the moment:
Trust me. I am an accountant.
Well, that is the historical cost accounting fantasy story.
Here is the real value real story:
Trust me. I am an accountant. I will destroy all your constant items never updated at a rate equal to the rate of inflation.
Kindest regards,
Nicolaas Smith
Showing posts with label I´m an accountant: I will destroy your retained profits at a rate equal to the inflation rate.. Show all posts
Showing posts with label I´m an accountant: I will destroy your retained profits at a rate equal to the inflation rate.. Show all posts
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