Friday, March 6, 2009

Moses Receives GAAP


Headline: MOSES RECEIVES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES

These rules, written in stone, were received from on high and can never be altered or changed for the benefit of the citizens of Minnesota... ever.

Wait.  Those are the 10 Commandments, not the GAAP.

Whew!  Well, it looks like, since the Generally Accepted Accounting Principles are not written in stone, and instead are man made, we can adjust them so that they work better for the people doing the work.  Don't you agree?
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