Accounting
Accounting or accountancy is the measurement, processing, and communication of financial information about economic entities such as businesses and corporations. The modern field was established by the Italian mathematician Luca Pacioli in 1494. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.
Accounting
Si inaequalibus aequalia addas, omnia erunt inequalia.
If you add like to unlike you will always end up with unlike.
Latin Adage, cited in Dialectic of Enlightenment, p. 4
Latin Adage, cited in Dialectic of Enlightenment, p. 4
Taxation
We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
Winston Churchill, “Why I am a Free Trader,” Chapter I in T.W. Stead’s journal Coming Men on Coming Questions (April 13, 1905), bottom p. 9.
Taxation
Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.
Benjamin Franklin, Letter to M. Leroy (Nov. 13, 1789). Complete Works, vol. 10, ed. John Bigelow (1887-1888).
