Originally Posted by
Bucking Bar
True, accountants and economists look at that differently. Now, explain the differences between GAAP and STAT principles stating examples and case interpretations where necessary.
Why are we flying airplanes? We have obviously been educated far beyond our intelligence.
After I got pass the time value of money concept, I fell asleep for the rest of that class. All I really needed to know was after I win the lottery, do I take the 50% lump sum, or the 20 year payments
. Besides, I wanted to be a big shot airline pilot - what use would I have for accounting principals?