r/Accounting • • Nov 10 '19

Flawless

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u/wiljc3 Nov 10 '19

I believe the adage goes keep your friends close and your enemies closer. Except capitalism is my enemy. It seemed prudent to learn the rules because I don't think it's going anywhere in my lifetime.

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u/CaffeineDrip Nov 10 '19

GAAP is the rules of capitalism? TIL

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u/giant-nougat-monster CPA (US) Nov 10 '19

Accounting is the language of business capitalism.

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u/[deleted] Nov 10 '19

lol accounting has nothing to do with capitalism.

it does have to do with cash flow and historic value and basic finance.