68 Inspirational Quotes on Accounting (MANAGE)

Top 10 Most Famous Accounting Quotes (BEST)

“Honest accounting is a really important part of corporate responsibility. Let’s just be honest and transparent with the numbers. No inflating, no exaggerating, no reconfiguring. Just pure numbers that tell the honest truth about the companies financial reality.”
Hendrith Vanlon Smith Jr.

The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money. - Robert Kiyosaki — The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your **money**. – **Robert Kiyosaki**

Accounting is the language of business. - Warren Buffett — Accounting is the language of **business**. – **Warren Buffett**

Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets. - Thomas Sowell — Balanced budget requirements seem more likely to produce accounting **ingenuity** than genuinely balanced budgets. – **Thomas Sowell**

Capital isn't this pile of money sitting somewhere; it's an accounting construct. - Bethany McLean — Capital isn’t this pile of money sitting somewhere; it’s an accounting construct. – Bethany McLean

Creativity is great but not in accounting. - Charles Scott — **Creativity** is great but not in accounting. – Charles Scott

Proper accounting is like engineering. You need a margin of safety. Thank God we don’t design bridges and airplanes the way we do accounting. - Charlie Munger — Proper accounting is like engineering. You need a margin of safety. Thank God we don’t design bridges and airplanes the way we do accounting. – **Charlie Munger**

Cost Accounting is enemy number one of productivity. - Eliyahu M. Goldratt — Cost Accounting is enemy number one of **productivity**. – Eliyahu M. Goldratt

There's no business like showbusiness, but there are several business like accounting. - David Letterman — There’s no business like showbusiness, but there are several business like accounting. – David Letterman

Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits. - Alex Berenson — Accounting rules give financial institutions flexibility about when they choose to recognize venture capital profits. – Alex Berenson

12 Thought-Provoking Accounting Quotes About Life

“Every generation inherits a world it never made; and, as it does so, it automatically becomes the trustee of that world for those who come after. In due course, each generation makes its own accounting to its children.”
Robert Kennedy

Life as we know it, with all its ups and downs, will soon be over. We all will give an accounting to God of how we have lived. - William Wilberforce — **Life** as we know it, with all its ups and downs, will soon be over. We all will give an accounting to God of how we have lived. – William Wilberforce

If you want an accounting of your worth, count your friends. - Mary Browne — If you want an accounting of your worth, count your **friends**. – Mary Browne

“To state the facts frankly is not to despair the future nor indict the past. The prudent heir takes careful inventory of his legacies and gives a faithful accounting to those whom he owes an obligation of trust.”
John F. Kennedy

There is nothing wrong with good accounting, except that it does not necessarily lead to good science. - Gerhard Herzberg — There is nothing wrong with good accounting, except that it does not necessarily lead to good science. – Gerhard Herzberg

Life is like accounting, everything must be balanced.

“You have to know accounting. It’s the language of practical business life. It was a very useful thing to deliver to civilization. I’ve heard it came to civilization through Venice which of course was once the great commercial power in the Mediterranean. However, double entry bookkeeping was a hell of an invention.”
Charlie Munger

Legacy accounting: Will you have been an asset or a liability on the world’s balance sheet? - Ryan Lilly — Legacy accounting: Will you have been an **asset** or a liability on the world’s balance sheet? – Ryan Lilly

Destiny gave me only two things a few accounting books and the gift of dreaming. - Fernando Pessoa — **Destiny** gave me only two things: a few accounting books and the **gift** of **dreaming**. – Fernando Pessoa

“People are accustomed to thinking of accounting as dry and boring, a necessary evil used primarily to prepare financial reports and survive audits, but that is because accounting is something that has become taken for granted.”
Eric Ries

To multiply the years and divide by the desire to live is a kind of false accounting. - Peter Heller — To multiply the years and divide by the desire to live is a kind of false accounting. – Peter Heller

“It has been my experience that competency in mathematics, both in numerical manipulations and in understanding its conceptual foundations (accounting), enhances a person’s ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day financial decision-making.”
Alan Greenspan

7 Wise Accounting Quotes for a Successful Business

“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

Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers. - Tilman J. Fertitta — Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers. – Tilman J. Fertitta

Never take your eyes off the cash flow because it’s the lifeblood of business. - Sir. Richard Branson — Never take your eyes off the cash flow because it’s the lifeblood of business. – **Sir. Richard Branson**

“Creative accounting is an absolute curse to a civilization. One could argue that double-entry bookkeeping was one of history’s great advances. Using accounting for fraud and folly is a disgrace. In a democracy, it often takes a scandal to trigger reform. Enron was the most obvious example of a business culture gone wrong in a long, long time.”
Charlie Munger

Behind every good business is a great accountant.

“Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation. – Warren Buffett\Managers thinking about accounting issues should never forget one of Abraham Lincoln‘s favorite riddles: How many legs does a dog have, if you call a tail a leg? The answer: Four, because calling a tail a leg doesn’t make it a leg.”
Warren Buffett

“Without market prices for capital goods, accounting is not possible. You don’t know if you are making money or losing money, saving resources or wasting them, doing the right thing or not doing the right thing.”
Llewellyn Rockwell

7 Accounting Quotes for Students

“At Gallaudet, deafness isn’t an issue. You don’t even think about it. Students can pay attention to accounting or psychology or journalism. But when a deaf person goes to another college, no matter how supportive it is, that person doesn’t get the same access.”
I. King Jordan

The U.S. tax code was written by A students. Every April 15 we have to pay somebody who got an A in accounting to keep ourselves from being sent to jail. - P. J. O'Rourke — The U.S. **tax** code was written by A students. Every April 15 we have to pay somebody who got an A in accounting to keep ourselves from being sent to jail. – P. J. O’Rourke

I studied finance and accounting in college, and I worked at a massive accounting firm out of graduation. - Simu Liu — I studied finance and accounting in college, and I worked at a massive accounting firm out of graduation. – Simu Liu

“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

“I took some classes in accounting, but I don’t know anything about accounting. You know, when my accountant tells me all the things he does, it’s a foreign language to me.”
Ray Romano

“You have to understand accounting and you have to understand the nuances of accounting. It’s the language of business and it’s an imperfect language, but unless you are willing to put in the effort to learn accounting – how to read and interpret financial statements – you really shouldn’t select stocks yourself.”
Warren Buffett

“Accounting is a big subject and there are huge forces in play. The entire momentum of existing thinking and existing custom is in a direction that allows terrible follies to happen, and the terrible follies have terrible consequences.”
Charlie Munger

6 Accounting Quotes and Laws

“In the old days, you would have one lawyer to handle everything: speeding tickets, buying a house, contracts, litigation, real estate, copyrights, leasing, entertainment, intellectual property, forensic accounting, criminal offenses, the list goes on. Now, you have to have a separate lawyer for each one of those categories!”
James Belushi

There’s no accounting for laws. Or the changes wrought by men and time. - James Crumley — There’s no accounting for laws. Or the **changes** wrought by men and time. – James Crumley

Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods. - Kenneth E. Boulding — Accounting for the most part, remains a legalistic and traditional practice, almost immune to self-criticism by scientific methods. – Kenneth E. Boulding

I have an accounting degree and a law degree and had never really used either. - Cris Collinsworth — I have an accounting degree and a law degree and had never really used either. – Cris Collinsworth

Aggressive accounting does not mean illegal accounting. - Kenneth Lay — Aggressive accounting does not mean illegal accounting. – Kenneth Lay

The older I get, the more interesting I find lawyers and accountants. - Alex James — The older I get, the more interesting I find lawyers and accountants. – Alex James

3 Accounting Quotes to Become a Good Accountant

Accountants are dynamic, interesting, highly intelligent, hard-working individuals. - Alexa Loo — Accountants are dynamic, interesting, highly intelligent, **hard-working** individuals. – Alexa Loo

A good accountant is a good poet. He appreciates the true value of things. - Robert Frost — A good accountant is a good poet. He **appreciates** the true value of things. – **Robert Frost**

Never call an accountant a credit to his profession; a good accountant is a debit to his profession. - Charles Lyell — Never call an accountant a credit to his profession; a good accountant is a debit to his profession. – Charles Lyell

6 Accounting Quotes on the Corporate World

Companies run by engineers don’t make money, but companies run by accountants don’t make anything at all. - Peter Krueger — Companies run by engineers don’t make money, but companies run by accountants don’t make anything at all. – Peter Krueger

In the corporate world, sometimes things aren`t exactly black and white when it comes to accounting procedures. - George W. Bush — In the corporate world, sometimes things aren`t exactly black and white when it comes to accounting procedures. – George W. Bush

The reaction of weak management to weak operations is often weak accounting. - Warren Buffett — The reaction of weak management to weak operations is often weak accounting. – Warren Buffett

Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings. - Diane Garnick — Accounting does not make corporate earnings or balance sheets more volatile. Accounting just increases the transparency of volatility in earnings. – Diane Garnick

To be successful, you should concentrate on the world of companies, not arcane accounting mathematics. - Warren Buffett — To be successful, you should concentrate on the world of companies, not arcane accounting mathematics. – Warren Buffett

In the long run, management stressing accounting appearance over economic substance usually achieves little of either. - Warren Buffett — In the long run, management stressing accounting appearance over economic substance usually achieves little of either. – Warren Buffett

17 Accounting Quotes That Will Make You Think

“I was never a Certified Public Accountant. I just had a degree in accounting. The reason I was never a Certified Public Accountant was because it would require passing a test, which I would not have been able to do.”
Bob Newhart

Accounting was the course that helped me more than anything. - Julian Robertson — Accounting was the course that helped me more than anything. – Julian Robertson

Mark-to-market accounting is like crack. Don’t do it. - Andrew Fastow — Mark-to-market accounting is like crack. Don’t do it. – Andrew Fastow

“Accounting is a hot domain with the number of accounting majors up nationwide. I think the recent scandals have brought a new level of attention to the accounting profession as gatekeepers and custodians of social interest.”
Paul Browne

It sounds extraordinary, but it’s a fact that balance sheets can make fascinating reading. - Mary Archer — It sounds extraordinary, but it’s a fact that balance sheets can make fascinating reading. – Mary Archer

Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor. - Peter Drucker — Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor. – Peter Drucker

“There are three cardinal rules – don’t take somebody else’s boyfriend unless you’ve been specifically invited to do so, don’t take a drink without being asked, and keep a scrupulous accounting in financial matters.”
W. H. Auden