Tax gaap: the impossible gap?

In life there are only two certainties: death and taxes.

So it was said, but in uncertain days an accountant might need some imagination.

It has often been said that GAAP (Generally accepted accounting principals) were introduced in order to ensure: certainty comparability correlation and correspondence

Continue reading

Numbers cannot fail

In the ancient world, it is said, and in some modern people groups, counting was 1, 2, 3, many (not note 1 2 many). It has since long been known that there are three kinds of accountants in the world. Those who can count, and those who can’t.

I had been introduced to Take four a couple of years ago

Continue reading

Caffé

In days such as these
Some stress (if you please!)
Always abounding in bliss.
But I know what is
Enough of their ill
Lovely coffee will give a us thrill

Bare

When something would be bought reminds Coco of the OSSIE story from the DDR era:

A woman is walking down the street and sees a queue outside a shop. Without another thought she joins the queue and proceeds slowly, but effectively to the counter, whereupon, being faced with an empty counter and not being entirely sure what might be being sold in the shop, she asks for a 100g, or however much she would be allowed to purchase if less, of cheese. The counter assistant replies with as much deference and respect as in the circumstance she can muster: I am sorry, Madam, we have no cheese. We are a butcher’s, and we have nothing to sell today. The queue across the road is for the shop that cheese to sell has none.