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Because Winnie the pooh put steroids in his honey!
What else can I help you with?
Is accounting science or an art?
No - Accounting is a science. Just as mathematics is. Now, perhaps creative or rather less then straightforward accounting may be considered an 'art' but with no more credibility than a cat burglar considers his singular skill to be.
Why is accounting not an exact science?
Accounting is not a science because it can be easily adjusted to achieve a favorable result. In mathematics, to solve the equation x-1=2, you have to solve it the way you're supposed to, or else you won't get the correct result. There is not much room for creativity. In accounting, however, there are many ways to "cook the book". For example, to accurately reflect the ability of a company to create value for its owners, the stockholders, accounting is mostly accrual basis, which means that you record revenues when you earn them and not when you receive cash as in cash-basis accounting, which is generally not accepted in preparing financial statements. But in accounting there exist methodologies such as the mark-to-market accounting that allows a company to record future profits on the very day a deal is signed. No matter how little cash actually comes in the door, to the outside world and to investors the company's profits can be whatever the company claims them to be. Think about the many cases of accounting scandal and fraud to see why accounting is not exactly a science. Science is a body of reliable knowledge that can be logically and rationally explained. Accounting doesn't always satisfy these criteria. It is more like an art, the expression or application of human creative skill and imagination.
What is the science in which earthquakes are studied called?
Earthquakes science
What is the branch of science concerned with earthquakes called?
Earthquake science is more properly entitled seismology.
Is architecture an art or science?
It is a science,what a subject need to be called a science is that the knowledge claim by it is gotten through scientific process and it gives factual fact in its research.this is done by sociologist
Is Accounting as an art or science?
Accounting is a science.
Is accounting a science or a art?
Accounting can be considered both an art and a science. This is because accounting is a very complex task for most people.
Why accounting related in computer science?
accounting is related to computer science due higher calculations used in mathmatics.
How many years of coarse Bachelor of Science in Accounting Technology?
how many years in schooling of Bachelor of Science in Accounting Technology
Is financial accounting an art science or both and why?
Financial accounting is an art and a science. ÊThe art of accounting is recording, reporting, and analyzing. Finance is the area that is being studied in accounting.Ê
Importance of chemistry in accounting?
I do not believe there is a relationship between chemistry (the science) and accounting
Is accounting a branch of science?
Although it uses some mathematics, accounting is a branch of economics.
Is accounting an art and a science?
It is a bit of both.
Can a high school science graduate make a college do over and go into accounting?
Yes,you can switch on to accounting even you have science background. You will need to understand the basic concepts of accounting because the whole accounting is based on it`s concepts and principles,they should be learnt properly for performing accounting.
Is accounting art or science?
accounting is both an art and science.........but more than science it is an art.because it fulfills the both aspect of an art(knowledge+ systematic work pattern).it fulfills only one aspect of science(knowledge for doing work in a system) but there is no logic or fact behind every accounting concept or rule ..........science based upon fasts and logic..
Which school subjects are required for chartered accountancy?
those who says history and science may be right. but durr!!! u obviously need accounting. and what science lies in accounting. are you dum!!
What degree is BS ACCT?
Bachelors Degree of Science in Accounting
