A young accountant spends a week at his new office with the retiring accountant he is replacing. Each and every morning as the more experienced accountant begins the day, he opens his desk drawer, takes out a worn envelope, removes a yellowing sheet of paper, reads it, nods his head, looks around the room with […]

What’s the most wicked thing a group of young accountants can do?Go into town and gang-audit someone.

What does FCPA stand for?Finally Caught Pinching the Assets

The managing partner in an accounting firm is very annoyed with one of his junior partners and has called him in to chastise him.”How could you possibly advise the client in the way you did? That was completely unethical. We are always conscious of Ethics in this firm. You do know what Ethics is don’t […]

Q: What is a Budget? A: An orderly system for living beyond your means.

What’s the most wicked thing a group of young accountants can do?Go into town and gang-audit someone.

Why did the auditor cross the road?Because he looked in the file and that’s what they did last year.

An auditor is checking the books of an airline. He is puzzled by the excess use of fuel on a Melbourne to Canberra flight. He rings up the pilot and asks for an explanation.”It was late at night’” says the pilot, “Canberra was covered in fog and I lost my bearings.””I’m sorry,” says the auditor, […]

How many accountants does it take to change a light bulb?”What kind of answer did you have in mind?”Two, one to change the light bulb and one to check that it was done within the given budget.

What does an accountant say when you ask him the time?It’s 9.18 am and 12 seconds; no wait – 13 seconds, no wait – 14 seconds, no wait……

Why did he cross back?So he could charge the client for travel expenses.

An auditor was examining the balance sheet of a mining company that had just bought a sheep station in the Pilbara area of Western Australia. The reason for the purchase was partly for the thousands of acres that the station covered and partly for the thousands of sheep that ranged over those thousands of acres. […]