One day in microeconomics, the professor was writing up the typical “underlying assumptions” in preparation to explain a new model. I turned to my friend and asked, “What would Economics be without assumptions?” He thought for a moment, then replied, “Accounting.”
August 2008
August 24, 2008
Underlying Assumptions
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August 21, 2008
What is the definition of an accountant?
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Someone who solves a problem you did not know you had in a way you don’t understand.
August 7, 2008
How does an accountant stay out of debt?
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He learns to act his wage.
August 5, 2008
Charging the Clients
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An accountant dies and goes to Heaven. He is met by St Peter who goes through the usual questionnaire.
“What sort of accountant are you?” says St Peter
“Public Practitioner,” is the reply.
“Name?”
He gives his name. St Peter goes through some files and pulls one out.
“Oh, yes. We’ve been expecting you. You’ve reached your allotted span,” says St Peter.
“How can that be?” says the accountant. “I’m too young to go. I’m only forty-eight”
“No, that’s impossible. ”
“Why do you say that?”
“Well we’ve been looking at your time sheets and the hours you’ve charged your clients. By our reckoning you’re at least ninety three.”