Accounting Quote by Gerhard Herzberg

“People are accustomed to thinking of accounting as dry and boring, a necessary evil used primarily to prepare financial reports and survive audits, but…

— Eric Ries

Accounting is a big subject and there are huge forces in play. The entire momentum of existing thinking and existing custom is in a…

— Charlie Munger

There is always something for which there is no accounting. Take, for example, the whole world.

— Leonard Michaels

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

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…

— Charlie Munger

I don't mean to sugarcoat the figure on restatements, but I think it is positive - it shows a healthy system. The general impression…

— Steve Odland

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

Too many companies these days can't tell the difference between good profits and bad.... By now you're probably wondering how in heaven's name profit,…

— Fred Reichheld

I would argue that a majority of the horrors we face would not have happened if the accounting profession developed and enforced better accounting.

— Charlie Munger

The Glassco Commission was really not interested in good science. It was interested in good accounting.

— Gerhard Herzberg

Aggressive accounting does not mean illegal accounting.

— Kenneth Lay

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…

— Llewellyn Rockwell